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BUSINESS IN BRIEF 25/10

Quang Ngai gives ultimatum to Tan Tao project, Coal import needed for economic growth, energy security: official, JinkoSolar seeks to build solar power plant in Hau Giang, Vietnam is perfect fit for textile firms

Well-known director Dang Nhat Minh to join film icons at French fest

 Vietnamese director Dang Nhat Minh is one of three global filmmakers to be honoured at the 36th Amiens International Film Festival (FIFAM), taking place from November 11 to 19 in Amiens, France.

Gov't will let banks fail: official

 The Government will consider the possibility of letting poor performing commercial banks go bankrupt, instead of  them as it did in the past, Deputy Prime Minister Vuong Dinh Hue has said.


Vietnam goes from coal exporter to importer

Viet Nam's coal sector is facing decreasing exports and competition from imported coal, Nguyen Khac Tho, deputy director of the General Directorate of Energy under the Ministry of Industry and Trade.

Minister congrats VN's U19 players and coaches

Minister of Culture, Sports and Tourism Nguyen Ngoc Thien sent a letter of congratulations to the U19 players and coaching board yesterday.

Runaway addicts return to rehab centre in Dong Nai

 More than 400 drug addicts have returned to the rehabilitation centre where they were receiving treatment one day after breaking out of the facility on October 23.

Vietnam, China enhance land border gate management

 The expansion of the Vietnam-China Land Border Joint Committee cooperation mechanism has improved immigration and export-import management, contributing to socio-economic development in border localities. 

Vietnam, Nepal have huge development potential

 Vietnam and Nepal have a fruitful relationship with potential for development. 

Khanh Hoa welcomes Chinese naval ships

 The People’s Committee of the central coastal province of Khanh Hoa on October 24 hosted a reception for the crew of three Chinese naval ships which have been on a visit at Cam Ranh International Port since October 22. 

More coal plants will deepen - not cut - poverty, researchers warn

 Building just a third of planned new coal-fired power plants around the world would push hundreds of millions of people into poverty as it accelerates climate change past an agreed limit of 2 degrees Celsius of warming,

Hanoi dense with high-rise buildings

VietNamNet Bridge - The robust development of high-rise office and apartment buildings has changed the face of Hanoi.

HCM City delegated the greatest local powers: official

  The Government has conferred the strongest and most radical authority at the local level on HCMC, associated with the supervision of the responsibilities of its leadership, stated Chairman of the Government Office Mai Tien Dung.

A town rich in VND billionaires

VietNamNet Bridge - All 600 cow farming households in Moc Chau Town are dong billionaires, with an average income of VND35-40 million a month. Some can earn VND200 million a month.

Twitter plans to cut about 300 more jobs: Bloomberg

 Twitter Inc (TWTR.N) may cut 8 percent of its workforce or about 300 people, Bloomberg reported on Monday, citing people it said were familiar with the matter.

The ‘Cave of Fire’ is a cool place

The Tay people call it Tham Phay, or the “Cave of Fire”.Apparently, no one knows why.  The name becomes even more mysterious when we learn that the cave is home to a stream and several waterfalls apart from a miraculous world of stalactites. 

’Locomotive’ ag firms needed

Nguyen Duc Thanh, Director of the Viet Nam Institute for Economic and Policy Research, under the Viet Nam University of Economics and Business, speaks to Hai Quan newspaper about the need to develop enterprises serving as ...

Social News 25/10

Tay Ninh seizes 66 turtles smuggled from Cambodia, Prime Minister launches censuses, HCM City association brings light to 500,000 poor patients, Vietnam’s image promoted in Argentina, Farms to grow cocoa with cashew trees

Hoa Binh’s unique culture and destinations

VietNamNet Bridge - Located at the entrance of the Northwest region of Vietnam, Hoa Binh Province is proud to be one of the oldest areas in Vietnam with its world-famous Culture where human life has existed since 10,000 – 2,000 BCE.

Vietnam’s top ten export items

Total export value of top ten products hit US$92.2 billion during the first nine months of this year, accounting for 71.7% of the country’s total export revenue, reports the General Department of Vietnam Customs.

K’ho ritual of drinking straw wine

 Drinking straw wine is typical in the culture of the K’ho people. Straw wine is served at ceremonies to welcome guests, at festivals, and at worshiping rituals.