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Monument honours victims of American bombing

 Few living people witnessed the carnage and destruction of the US bombing of Hanoi in December 1972. But those who were there remember it clearly.

Shipping firms still lag behind in domestic transport market

Half a decade has elapsed since the Ministry of Transport (MOT) opened up the domestic transport market, worth $50 million a year, to only Vietnamese enterprises.

Firms grapple with year-end labour crunch

 Several enterprises in the south, mostly in Ho Chi Minh City and the provinces of Dong Nai and Binh Duong, are accelerating worker recruitment, preparing to up production after the Tet (Lunar New Year) holiday that falls in mid-February 2018.

VN Index up for a third day on oil prices

 Vietnamese shares closed on December 26 on a positive note as large-cap stocks were boosted by expectations for better quarterly earnings and rising oil prices.

Wood exports likely to reach $7.6 billion, surpassing yearly target

 It is estimated that Vietnam’s wood exports will reach 7.6 billion USD by the end of 2017, surpassing the yearly target of 7.5 billion USD set by the Ministry of Industry and Trade.

Over 153,000 firms opened in 2017

 The number of newly-established firms and firms resuming operations set a record in 2017 with more than 153,000 companies with total registered capital of 3.16 quadrillion VND (139 billion USD).

Leader of Russian communist party extols Vietnam’s support

 Leader of the Communist Party of the Russian Federation (KPRF) Gennady Zyuganov has recognised the warm support of Vietnam to celebrate the 100th anniversary of Russia’s October Revolution.

Locals tire of slow progress of rubber plantations

The decision to contribute land for rubber plantations has turned out to be a heavy burden on Son La’s people. What scientists had warned about has come true: both output and latex quality are below expectations.

Developing renewable energy from waste

HCMC alone discharges 8,300 tons of waste every day, 76 percent of which is buried. Much of the waste could be recycled into clean energy.

BUSINESS IN BRIEF 27/12

 Over VND1.3 trillion allocated to construct power transmission projects, Plan on building special administrative-economic zone in Khanh Hoa discussed, Agricultural insurance guarantees productivity

Entrance exams to high schools even tougher than university exams

VietNamNet Bridge - The number of students to sit the entrance exam to state-owned high schools in 2018 is expected to be 24,000 higher than in 2017. 

Ha Noi Court apologises to wrongly-sentenced man

 VietNamNet Bridge – The Ha Noi Superior People’s Court on Monday held a meeting to publicly apologise to Vu Ngoc Duong for giving him a wrong sentence of 30 months in jail.

Open visa policy urged to make Vietnam’s tourism more attractive

 Industry insiders have urged the Government to further open up visa policy for foreign tourists to make Vietnam’s hospitality industry more attractive.

SOE scandals unveiled, Vietnam speeding up SOE reform

The business performance of state-owned enterprises is often unclear because of lax management. At many large companies, problems were discovered only after the firms had incurred losses of trillions of dong.

BUSINESS IN BRIEF 26/12

Pangasius fish export tops $1.75 billion, Lam Dong eyes more high-quality foreign investment, NFSC: Bad debts down to 9.5%, Technology ecosystem for restaurants introduced

Social News 26/12

 WB funds water supply projects in Red River Delta, Work begins on Truc Lam Zen monastery in Soc Trang, National Strategy on Green Growth integrated into local development

Lao top leader's official friendly visit to Vietnam in pictures

General Secretary of the Lao People’s Revolutionary Party (LPRP) and President of Laos Bounnhang Vorachith successfully paid the official friendly visit to Vietnam from December 19-21. 

More foreigners spend winter vacation in Binh Thuan

 Tourist sites and resorts in the Ham Tien-Mui Ne area, Phan Thiet city, the south central coastal province of Binh Thuan, are busy during last months of the year as many international tourists come here for their winter vacation.

PVN kingpin faces strict punishment

In the wake of intensified efforts to further Vietnam’s crackdown on corruption, many former executives of the state-run Vietnam National Oil and Gas Group may face criminal charges for their violations.

Evacuated people from storm-effected localities return home

 Evacuated people in the Mekong Delta province of Soc Trang returned their home on December 26 as typhoon Tembin weakened into a low tropical pressure.