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BUSINESS IN BRIEF 24/12

Vingroup launches new trade center model Vincom +, Wood exports at $7.3 billion, “Made in Vietnam” cranes shipped to Saudi Arabia, Fruit and vegetable exports beat rice, earning US$2.3 billion

The root of the Vietnamese ginseng shortage

 VietNamNet Bridge – A highly prized Vietnamese species, indigenous to the Central Highlands province of Kon Tum, is threatened with extinction, and the Government is gearing up to reverse its decline.

20% of urban citizens are migrants

 There has been a strong wave of migration within Vietnam over the last three decades, a recent workshop held by the United Nations Population Fund (UNFPA) and the General Statistics Office (GSO) heard.

11 firms causing river pollution must compensate $580,000 in Vung Tau

 Eleven seafood processing companies in the southern city of Vung Tau went on trial on December 22 when the city People’s Court returned a verdict forcing them to compensate VND13.2 billion (US$580,000) for discharging wastewater into Cha Va river.

Stamps published for Year of the Rooster

 A set of stamps themed ‘Year of the Rooster’ has recently been issued by the Ministry of Information and Communications (MIC) to welcome in the lunar New Year 2017 and the year of the Rooster in Eastern culture.

Gov’t mulls added work hours

 VietNamNet Bridge – Le Dinh Quang, deputy head of the Labour Relations Department under the Ministry of Labour, Invalids and Social Affairs (MOLISA), speaks to the Lao Dong (Labour) newspaper about longer working hours.

Calls for boycott of convicted sex offender comedian

 Famous composer Nguyen Quoc Trung has just called on local artists to boycott comedian Minh Beo who has just returned to Vietnam after serving nine months in jail in the US for child sexual assault.


Dong Thap Tourism Festival 2017 to be held in Sa Dec City

 VietNamNet Bridge – Dong Thap Tourism Festival 2017 will be held in Sa Dec city on January 7-14, said the provincial People’s Committee.

Most VN health clinics don’t test their tests

VietNamNet Bridge – Some 448 million medical tests are done in the country each year, but only a third of the country’s health facilities subject their tests to external quality assessments (EQAs). 

Ministry of Health reveals top 10 events of 2016

 The Ministry of Health has announced its 10 most outstanding events for the year.

Waterways transport potential remains untapped

VietNamNet Bridge - Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6,500 kilometers of rivers, 126 river ports, 2,300 passenger ports and 4,800 berths.

10 popular night markets in Vietnam

 VietNamNet Bridge - Hanoi, Ha Long, Hoi An, Phu Quoc ... are home to the busiest night markets in Vietnam, which attract a large number of tourists.

VN government green lights casino entry

 Vietnamese citizens may be allowed to enter a new casino at the Van Don Special Administrative-Economic Zone in northern Quang Ninh province on a trial basis.

Two ministries join hands in improving physical education

 VietNamNet Bridge – A joint programme on managing and organising physical training and sports activities at schools in the period 2016-20 was signed yesterday by two ministries.

Vietnam to host ceremony welcoming 10 millionth foreign visitor in 2016

 Vietnam National Administration of Tourism (VNAT) will host a ceremony to welcome the10 millionth foreign visitor to Vietnam, according to an announcement in a meeting in Hanoi on December 22.

Phuoc Kieu casters preserve ancient craft

 VietNamNet Bridge – Situated on the road side of the old National Highway 1, the craft village of Phuoc Kieu in Quang Nam Province still preserves the 500-year-old bronze cast trade and lives well from their ancestor’s industry.

Why pre-marital health tests are not a hit in VN

 VietNamNet Bridge – Many young Vietnamese couples seem to deliberately avoid pre-marital health screenings for fear that these will find health problems and ruin their budding marriages, a survey found.

Hanoi official gets dismiss for assailing 76-yr-old man

 The Hanoi Department of Foreign Affairs has decided to remove its deputy director Nguyen Duc Hoang from his positive because Hoang has assailed former lecturer 76 year old Nguyen Khanh 

Real estate in good shape for 2017

 Vietnam’s real estate market will continue to see stable development in the apartment segment with abundant supply in 2017, a conference in Hanoi on December 20 heard.

Number of new firms sets record in 2016

 The number of newly-established firms set a record in 2016, reflecting improvement in business confidence, following the Government’s efforts to boost reform.