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Low labor cost no more an advantage

Vu Tien Loc, Chairman of the Viet Nam Chamber of Commerce and Industry, talks to the newspaper Thoi bao Kinh te Viet Nam about the high demand for skilled workers to meet new requirements of national economic development.

No choice but to step up fiscal prudence

VietNamNet Bridge – Increased growth, reduced spending and less debt guarantees are the solutions as rising public debt and its repayment exerts a lot of pressure on the Government, 

Ideal places near Hanoi for New Year holiday

 If you want to spend the New Year holidays with your close friends or family at a nice place near the capital city, here’s a good choice for top destinations.

Top 10 culture, sport and tourism events of Vietnam in 2016

 The Ministry of Culture, Sports and Tourism on December 29 announced the top 10 culture, sports and tourism events in 2016, which were voted by 125 journalists representing media agencies across the country.

Social News 30/12

 Hospitals must work around the clock in New Year: Ministry, Chan May port welcomes 87,000 foreign visitors in 2016, No nurturing unnatural actions, Ensuring food safety during Lunar New Year and spring festival season

BUSINESS IN BRIEF 30/12

 Credit grows 18% in HCMC this year, HCMC spends up to US$105 million on annual waste treatment, Business climate improvement effort yet to pay off, HCM City rolls out support program for start-ups

Obstetricians balk at FDA warning on anesthesia in pregnant women

 Repeated or lengthy use of general anesthetic and sedation drugs in infants, toddlers and pregnant women in their third trimester might damage children’s developing brains, the U.S. Food and Drug Administration warned this month.

Extra buses, trains ready for holidays

VietNamNet Bridge – Ha Noi will operate additional buses and trains to better serve people travelling during the New Year (this weekend to Monday) and Tet holidays (from January 26 to February 1). 

Terra-cotta gold chickens ready for the Year of the Rooster

VietNamNet Bridge – Many people have rushed to buy terra-cotta chickens that are painted gold to search for luck in the Year of the Rooster in 2017.

 

10 sport events of 2016

Marksman Hoang Xuan Vinh won a gold and a silver at the Rio de Janeiro Olympic Games in August.

HCMC tourism wants discount cap removed to shore up sales

 VietNamNet Bridge – The HCMC Department of Tourism has said it intends to propose lifting a 50% discount cap on tours to make it possible to launch a series of programs offering steep discounts for customers to step up tour sales.

Special mechanism for Long Thanh airport project gets thumbs-up

 VietNamNet Bridge – Prime Minister Nguyen Xuan Phuc has told the Ministry of Transport to design a special compensation, support and resettlement mechanism for the Long Thanh airport project in Dong Nai Province,

Ancient tomb uncovered in District 10

 VietNamNet Bridge – An ancient stone tomb over 100 years old was found when people dig the ground to make an internal path in Phu Tho Post Office in Ly Thuong Kiet Street in HCMC’s District 10, Tuoi Tre reports.

Amazon looks to the sky to store products

Amazon.com Inc (AMZN.O) has filed for a patent to use airships to store products and serve as a base for delivery-drones. 

Vietnam's stock market events in 2016

VietNamNet Bridge - The stock market was affected by the news about sharp oil price falls and Brexit, but the influence did not last a long time.

Over 10,000 elementary students learn water protection in 2016

 VietNamNet Bridge – Over 12,200 elementary students nationwide have been taught to enhance awareness on water resource protection during this school year via the program “Mizuiku – I love fresh water.”

Britain avoids M&A collapse as foreign buyers go Brexit bargain hunting

 Britain avoided a collapse in mergers and acquisitions activity after the shock Brexit vote as foreign companies used sterling's spectacular devaluation against the U.S. dollar to snap up British companies,

Seven waterfalls in Vietnam's Central Highlands

 Dray Nur, Dray Sap, and Trinh Nu to name a few are beautiful and imposing waterfalls in the Central Highlands for visitors to discover for their New Year holidays.

Thanh Hoa whale temple

 People in a village in the northern central province of Thanh Hoa have contributed money to build a temple to worship a whale skeleton.

Asia stocks to end 2016 on buoyant note, euro calms after early spike

 Asian stocks looked set to end 2016 on an upbeat note, while profit-taking weighed on the dollar and the euro held near a two-week high after spiking early in the day.