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VN-Index fails to reach 1,140 points despite vibrant transactions

Although the stock market experienced vibrant transactions with total value of $368.7 million on both bourses on March 14, the VN-Index of the Ho Chi Minh Stock Exchange failed to hit the threshold of 1,140 points.

PM Phuc visits Australian National University

 Prime Minister Nguyen Xuan Phuc visited the Australian National University (ANU), one of the world’s top ten research universities, right after his arrival in Canberra on March 14 (local time). 

Vietnamese-Australia chef named Vietnam Airlines’ food ambassador

 Vietnamese-Australian celebrity chef Luke Nguyen will join hands with the national flag carrier Vietnam Airlines to bring Vietnamese cuisine to the world under an agreement inked between the two sides in Canberra, Australia on March 14.

Fashion week celebrates 45 years of Vietnam-Italy diplomatic ties

 The Vietnam-Italy Autumn-Winter Fashion Week will take place in Hanoi from March 14-19 as part of activities to mark 45 years of the diplomatic ties between the two countries, designer Minh Hanh, member of the organising board, said on March 14.

2017 Fair Play Award winners announced

 Striker Nguyen Van Toan of Hoang Anh Gia Lai FC won the 2017 Fair Play Award at an annual event organised by Ho Chi Minh City Law newspaper in HCM City on March 14.

Gov’t Inspectorate proposes investigation into Mobifone’s purchase of AVG

The Government Inspectorate has announced conclusion of its inspection of the acquisition of AVG by State-owned communications giant Mobifone, and proposed starting legal proceedings and investigation into the case.

HCM City to speed up rehabilitation of old buildings

 VietNamNet Bridge – Slow disbursement of fund has affected the renovation of dilapidated apartments in HCM City, according to authorities.

Ho Chi Minh City looks to develop sea-based economy

 As the country’s largest economic hub, Ho Chi Minh City plans to enhance its sea-based economy as part of its strategy to develop the city.

Defence Minister welcomes Cambodia’s interior ministry official

 Vietnam and Cambodia should promote collaboration in delegation exchange, and training, thereby tightening sound solidarity, neighbourliness, traditional friendship and comprehensive cooperation between the two countries.

AFC Cup: Song Lam Nghe An lose first game

 Song Lam Nghe An suffered their first setback in this season’s Asian Football Confederation (AFC) Cup on March 14 after losing to Persija Jakarta 1-0.

Retrial opens on $7.4m property fraud

 VietNamNet Bridge – The Ha Noi People’s Court on Wednesday reopened the trial of three men involved in a large-scale property fraud with as many as 146 victims.

Modest level of research: weakness of Vietnam’s universities

Despite the sharp increase in the numbers of professors and associate professors, and lecturers with master degrees and doctorates, no Vietnamese university is included in international university rankings. 

Did Ministry intervene unnecessarily in telcos’ operations?

The Ministry of Information and Communication (MIC) has told Vietnamobile, a mobile network operator, to stop providing its Thanh Sim service package, which has been described as ‘super cheap’.

Agriculture Ministry urges use of organic fertilizer to ‘clean’ land

VietNamNet Bridge - Scientists warn that the overuse of inorganic fertilizers will bring long-term consequences like land degradation, pollution and high toxic residue in agricultural products.

Grand welcome ceremony for PM Nguyen Xuan Phuc in Australia

A grand welcome ceremony was held with cannon salute for Prime Minister Nguyen Xuan Phuc, his spouse and the high-level delegation of Vietnam at the Parliament House on Capitol Hill, Canberra, Australia on March 15.

Bo lui – a Thot Not speciality not to be missed

 VietNamNet Bridge – If you ask a Thot Not District local about their food specialities, most of them will tell you that you must try bo lui (beef skewers) at Tu Huong Restaurant.

Co To Island awaits beach lovers to explore

A trip to Quang Ninh will be more richly rewarding if visitors take the chance to drop by Co To Island, also in the province.

BUSINESS IN BRIEF 15/3

 Lotte Card wholly acquires Techcom Finance, 70 Hong Kong businesses seeking trade ties in Vietnam, Japan bank mulls PetroVietnam plan, Cement consumption on the rise, Vietnam's cold supply chain in poor shape

Pundits unruffled by slashed US tax

 The massive reduction in corporate income tax in the US may not have as strong an impact on the country’s ability to attract FDI as previously thought, thanks in part to Vietnam’s improving business climate improvements.

Vietnam trusts new CPTPP trade agreement

The newly inked Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to greatly help its member countries, especially  in the context of the spread of protectionism.