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Japanese cherry blossoms in Sapa

 The northern province of Lao Cai is proving popular with visitors as its Japanese cherry blossoms at Sapa near Mount Fansipan are blooming.

105-year-old tea shop still open for business in downtown HCM City

 HCM City’s Ben Thanh Market area houses the oldest and most famous tea store in the city, opened in the early 20th century.

Photos showcasing Hoi An’s beauty on display

A Long-term exhibition by French photographer Réhahn on the beauty of Hoi An, the ancient town in the central province of Quang Nam, has been opened in Hoi An Museum.

VN car market slump continues

Viet Nam spent more than US$2.15 billion importing 94,000 cars last year, marking a year-on-year decrease of 16.8 per cent in volume and 9.6 per cent in value.

Rubber giant plans IPO, exchange listing

Viet Nam Rubber Group is expected to list its shares on the HCM Stock Exchange in June or July after its initial public offering on February 2.

Uber co-founder Travis Kalanick a billionaire after $8bn investment deal

 Uber co-founder Travis Kalanick will officially become a billionaire, after investors agreed to take a large stake in the ride-hailing firm.

No cash withdrawal at domestic POS from March

 Credit card holders will not be allowed to withdraw cash at card readers of domestic points of sale (POS) from March this year, says the State Bank of Viet Nam (SBV).

Finance Ministry tightens casino supervision

Casino establishments in Vietnam must soon equip their venues with features like a working camera system to aid the Ministry of Finance in supervising the casinos’ operations.

HCMC industrial zones seek $900m

 The HCM City Export Processing Zones and Industrial Parks Authority (Hepza) hopes to attract new investment worth US$900 million this year.

Verify information of Thai business partners: Ministry

 The Ministry of Industry and Trade has urged Vietnamese firms to verify information of Thai business partners carefully to avoid being swindled.

VN, France ink research deal

Viet Nam and France will promote co-operation in scientific and medical research on HIV/AIDS and viral hepatitis in the coming years.

Adjustments to Mekong Delta master plan approved

Accordingly, the region will go in the direction of green and sustainable growth and adaptation to climate change, aiming to become a national hub of agricultural production, fisheries, sea-based economy and eco- and river tourism.

APPF-26 plenary session discusses political, security matters

 Political and security issues were tabled in the first plenary session of the 26th Annual Meeting of the Asia-Pacific Parliamentary Forum (APPF-26) in Hanoi on January 19.

Stunning French-styled villas in Da Lat’s pine forest

The century old Ana Mandara Villas Dalat Resort and Spa is situated on a pine hill covering more than 7 hectares with 17 ancient villas built in the 1920s-1930s by French colonists.

Hotels, resorts threaten rare primates

 VietNamNet Bridge – Recent rapid construction of more than 20 hotels and resorts in Son Tra Nature Reserve is threatening the survival of highly endangered langurs and other wildlife. 

BUSINESS IN BRIEF 19/1

VIB posts strong profit growth in 2017, Vietnam runs a US$5.9 billion trade deficit with Southeast Asian countries, Aquatic export expected to hit 9 billion USD in 2018, Committee for state capital management to be founded in Q1

Finance Ministry backs down on VAT

 Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move. 

Vietnam asks for impartial view on its human rights achievements

 Vietnam wants the international community to have an objective, comprehensive, and impartial view on its efforts and achievements in ensuring human rights, said Foreign Ministry Spokesperson Le Thi Thu Hang.

PM Nguyen Xuan Phuc to attend ASEAN-India Commemorative Summit

 Prime Minister Nguyen Xuan Phuc and his spouse will attend the ASEAN-India Commemorative Summit and the 69th anniversary of the Republic Day in India from January 24-26 as guest of Indian Prime Minister Narendra Modi.

Party, State leaders receive Indonesian upper house speaker

General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong has urged Vietnam and Indonesia to step up bilateral cooperation in different fields as the two nations share many similar characteristics and interests.