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Joint VN-Japan circus to entertain HCM City

 VietNamNet Bridge – The Phuong Nam Arts Theatre will collaborate with the Happy Dream Circus Japan to dazzle HCM City with a special circus programme beginning this Friday (December 23).

Earthquake occurs in Thua Thien- Hue

 According to the Earthquake Information and Tsunami Warning Center and Institute of Geophysics, a 3.5-magnitude earthquake occurred in the mountainous A Luoi district of Thua Thien Hue province at 3:23 pm yesterday.

Authorities shut down yet another multi-million steel project

 In 2016, Vietnam has seen the closing of numerous long-delayed steel projects invested by both foreign and domestic enterprises.


Viglacera to list on HNX

In a move to attract new investment capital, the Viglacera Corporation will change its listing from the Unlisted Public Company Market (UPCoM) to the Hanoi Stock Exchange (HNX) on December 22 and trade under the code VGC.

Ministry imposes safeguard duties on steel imports

 The Ministry of Industry and Trade (MoIT) has conducted a review and is making preparations for imposing safeguard duties on steel imports, after 18 domestic steel manufacturers called for assistance.

Ministry of Industry and Trade weathers reform storm

 The Minister of Industry and Trade Tran Tuan Anh has a firm grip over the on-going reforms inside the ministry after a series of wrongful appointments by former Minister Vu Huy Hoang.

Hanoi showcased in painting exhibition

 50 lacquer, oil and acrylic paintings are being displayed at the exhibition of artist Van Duong Thanh to welcome the lunar year of rooster.

Shock survey reveals only 1 in 5 pupils feel safe in school

 A survey jointly released by the Ministry of Education and Training and UNICEF has revealed that Vietnamese students face many problems. Less than 20% of students always feel safe at school.

Cheap bus service to Noi Bai Airport launched

 A new bus route linking Hanoi city centre to Noi Bai International Airport has been launched, offering passengers for VND9,000 (USD0.42).

Vietnam to cut Tet firework displays

 The Communist Party Central Secretariat has just asked localities not to organise firework displays for the Tet Lunar New Year.

Kaspersky releases latest antivirus products in Vietnam

 Russia’s Kaspersky Lab on December 21 introduced its latest products to protect individuals and small enterprises against online threats.

FPT to sell its retail unit in the first quarter of 2017

 FPT Corporation, Viet Nam’s largest information and technology (IT) group, will conclude the selling of its retail unit FPT Shop next year, ICTnews reported yesterday.

Multi-house owners won’t be taxed in 2017

 The finance ministry has announced that people who own a house will not have to pay tax for the second house they buy in 2017.

Samsung VN's export revenues to increase 7% despite Note 7 incident

Samsung Viet Nam was estimated to reach US$35 billion this year, posting a 7 per cent year-on-year increase despite the impact from this year’s Note 7 incident.

Death-row prisoner released after wrongful conviction

 VietNamNet Bridge – Bac Giang People’s Procuracy on Tuesday freed Han Duc Long, 57, who was earlier sentenced to death for murder and raping children 11 years ago.

Disney will create shows for Snapchat

 The Walt Disney Company’s U.S. television arm will create shows for Snap Inc’s Snapchat, Disney announced on Wednesday, in Snapchat's latest deal with a major U.S. media company.

Property developers hire foreign management companies to optimize profit

VietNamNet Bridge - Most high-end resorts in Vietnam are managed by leading asset management companies from the US, Europe or Asia.

Da Nang to review Han River tunnel project

 VietNamNet Bridge –  The central city will decide whether to build a tunnel through the Han River in its last technical meeting later this month.

Formosa punishments to be announced soon

Head of Government Office Mai Tien Dung asked the Ministry of Natural Resources and Environment to quickly decide and announce the disciplinary measures against responsible individuals and organisations in the Formosa environmental incident

BUSINESS IN BRIEF 22/12

 Vietnam has 1.4 mil traditional trade stores nationwide, Hanel Plastics to join UPCoM, Fuel market lucrative to investors, Minh Nguyen opens workshops to supply parts for Samsung, Real estate bubble unlikely next year: HoREA