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State-owned rubber giant not looking for foreign strategic investors

 Deputy Prime Minister Vuong Dinh Hue just approved the equitisation plan of state-owned Vietnam Rubber Group under which more than 11 per cent of the group’s chartered capital will be earmarked for domestic strategic partners, but not foreign ones.

Quang Ninh to host 100 events during National Tourism Year

 Up to 100 events will be held throughout 2018 in the northeastern province of Quang Ninh as part of the National Tourism Year.

Hanoi shimmering in twinkle night lights

The capital city of Hanoi at night is glittered in brilliant and colourful lights from streets and high-rise buildings.

BUSINESS IN BRIEF 6/5

 Hoa Phat exports 200,000 tonnes of steel, Agriculture contributes to country’s modernisation: PM, Food safety should be priority for local, export markets, BNP Paribas offloads entire stake in OCB

Top 3 industries gain highest profitability rates in Vietnam in 2017

 Finance-banking, real estate-construction and consumer goods are three industries that gain the highest profitability in the securities market in 2017.

HCM City vocational schools struggle to enroll students

Although hundreds of thousands of university graduates fail to secure jobs, students and their families still hope to attend university at any cost—leaving vocational schools struggling to attract enough students to operate.

100-year-old sedge mat village on verge of extinction

Sedge mats made by Xuan Duc village in Nam Dinh have been in presence of Vietnamese people lives throughout the course of history. However, the craft of making sedge mats in the village is on verge of extinction.

Impressive achievements in Vietnam’s exports in 2017

 Vietnam’s exports in 2017 were fruitful despite many difficulties caused by natural disasters and import markets. 

Trung aims to win AFF Cup

 VietNamNet Bridge – After winning the Golden Ball award 2017, captain of V.League 1 champions Quang Nam, Dinh Thanh Trung says he and the national team aim to win the AFF Cup this year.

When new, crisp notes acquire ‘antique’ value

 VietNamNet Bridge – You want to change VND100,000 into smaller denominations, so you pay VND150,000, a 150 per cent commission or “service charge.”

Farmer’s hard graft with big citrus earns him millions

Skilled grafter Le Duc Giap from Thanh Oai district, Hanoi can earn hundreds of millions of Vietnam dong during the traditional Lunar New Year (Tet) by selling pomelo trees which he has engrafted with up to 10 different varieties of fruit.

Traffic accidents reduced, but congestion more complicated

 VietNamNet Bridge – In 2017, some 22 people died and 46 were injured each day due to traffic accidents nationwide.

‘The Beauty of Light’

The collection ‘The Beauty of Light’ is a gentle connection between two like-minded souls celebrating the beauty of light in daily life.

HCM City to hold 12-day Tet flower festival

 The HCM City People’s Committee plans to kick off a Tet Flower Festival on February 10 in Tao Dan Park in District 1 and will open 130 Tet flower markets around the city.

Foreign banks try new local tactics

 The Year of the Rooster has been a rollercoaster ride for foreign banks in Vietnam: one received a licence to expand, two trimmed down their business scopes, while others decided to divest their stake in domestic banks.

Tay Ninh shrimp salt

 When mentioning the cuisines of Tay Ninh, many people usually think of Trang Bang Rice Paper, or Trang Bang Soup.

Top libraries for students in HCM City

 In Ho Chi Minh City, there are numerous libraries providing extra-curricular learning space for students in need of a tranquil venue for study in groups or self-study on the weekend.

The biggest M&A deals in Vietnam in 2017

The biggest M&A deals were in a variety of business fields, especially the real estate and banking sectors.

Zero import tax expected to raise Vietnam’s car ownership

 The import tax for cars imported from ASEAN has been slashed to 0% from January 1, 2018, which is expected to raise the country’s car ownership rate which remains low compared to regional averages.

Air pollution at alarming rate in HCM City

 Smog that has appeared frequently in Ho Chi Minh City, with the most recent recorded on January 3 morning, shows that local air pollution is now at an alarming level, an expert has said.