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Social insurance contributions could cause job loss for 371,000 workers

 VietNamNet Bridge - Experts have warned that the increase in social insurance contributions will lead to a drop in labor demand in the formal sector. 

Fed policymakers closer to rate hike, but inflation doubts remain: minutes

 Several voting Federal Reserve policymakers judged a rate hike would be warranted "relatively soon" if the U.S. economy continued to strengthen but doubts on inflation remained,

Social News 13/10

 GE Oil & Gas University holds first training course in Vietnam, Famous comedian marks 20-year career, VND97 bil invested in building traditional medicine hospital, Central province launches compensation for victims of mass fish deaths

HCMC needs VND26 trillion to relocate households along canals

 HCMC needs around VND26 trillion (US$1.17 billion) to relocate 20,000 households along canals in the city, which is a big headache for the cash-strapped city.

Over 700 educators receive professor and associate professor titles

 Chairman of the State Professor Title Council and Minister of Education and Training Phung Xuan Nha has signed Decision No.55/QD-HDCDGSNN to confer titles on 703 new professors and associate professors in 2016.

VEPR forecasts 2016 growth at 6%

 Vietnam Institute for Economic and Policy Research believes caution needs to be exercised by the government when setting growth targets.

The land of ancient trees

The Mekong Delta province of An Giang is known for the Hau River as well as mountains and forests. However, few people know it is home to many ancient trees and five of them have been recognized as the Vietnam Heritage Trees

Vietnam Idol on her new patriotism

 VietNamNet Bridge – Fillipina Janicee Aranjuez Buco is the first foreigner to win Viet Nam Idol. The seventh season of the Vietnamese-adapted British television singing contest concluded on October 1 at BHD Studio in District 9, HCM City.

Is Vietnam’s dairy market no longer attractive to foreigners?

 VietNamNet Bridge - The news that Danone Vietnam, a subsidiary of French Danone, the owner of Dumex brand, would shut down by 2017 has raised doubts that the Vietnamese dairy market is no longer attractive.

Firms bet on law change

 Foreign investors remain eager to develop horse racing projects, as they await the Vietnamese government’s final decision on its legal status.

Life of plants examined in new installation

 VietNamNet Bridge – Lena Bui’s latest exhibit Nang Bang Phang (Flat Sunlight) includes dozens of sketches featuring plants and vegetables at the Factory Contemporary Arts Centre, a space of art galleries and studios in HCM City.

Safety at coal mines comes under scrutiny

 VietNamNet Bridge – Up to 15 serious labour safety violations at coal mines in northern Quang Ninh Province were reported in the first nine months of this year, leaving 18 people dead and injuring dozens more,

Vietnam's economy takes a good shape

 Vietnam's economy accelerated in the third quarter, expanding by 6.6 per cent year-on-year. This marks a sharp improvement from the 5.6 per cent growth rate registered last quarter, said a report by HSBC.


VN’s corporate tax lower than neighboring countries

 Viet Nam has lowered corporate tax to 20% compared to 22% in Thailand, 25% in Indonesia, and 30% in the Philippines.

500 taxi drivers in Hanoi fined for driving time violation

 Some 463 taxi drivers in Hanoi have had their badge revoked for violating a regulation on driving time set by the municipal Department of Transport.

Elbipolis Baroque Orchestra to perform in Vietnam

 The Elbipolis Baroque Orchestra from Hamburg, Germany and DJ Brezel Göring will present a crossover of baroque and electronic music at the Grand Concert Hall at the Vietnam National Academy of Music, at 77 Hao Nam Street in Hanoi on October 20.

The Amazing Race Asia back with VN participants

 The Amazing Race Asia (TARA) season 5 will premier worldwide on October 13 on the entertainment powerhouse AXN channel, six years after its last episode ground to a sudden halt.

Can Tho city wins Asian Townscape Award 2016

 The Mekong Delta city of Can Tho has won the 2016 Asian Townscape Award from the Asia-Pacific regional office of the UN Human Settlements (UN-HABITAT) programme. 

Ho Chi Minh City a magnet for Danish investors: Danish FM

 Two thirds of approximately 130 Danish investors in Vietnam operate in Ho Chi Minh City, reflecting the potential and attraction of the southern economic hub, said visiting Danish Foreign Minister Kristian Jensen. 

Prime Minister stresses local-level cooperation with RoK

  Prime Minister Nguyen Xuan Phuc has said Vietnam attaches importance to expanding exchanges and cooperation between localities of Vietnam and the Republic of Korea, considering it an important factor to further cooperation between the two countries.