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To raise funds, large corporations prefer bonds to bank loans

VietNamNet Bridge - Large corporations say they would rather issue corporate bonds to mobilize capital than borrow from banks because of the lower cost. 

Kenh Ga hot spring in Ninh Binh

90km from Hanoi, Kenh Ga hot spring was discovered and studied in 1940 by the French. The spring’s hot and salty water has a stable temperature of 53 degrees Celsius and contains Calcium and bicarbonate which is good for health.

HCM City seeks investors for Metro project

 VietNamNet Bridge – HCM City is seeking US$1.9 billion for the second phase of metro line No 5, which extends from the new Can Giuoc Bus Station in District 8 to the Bay Hien intersection in Tan Binh District.

OTC market heats up on State firms

 Shares of many big enterprises have become hot commodities in recent days on the over-the-counter (OTC) market as investors bet on yet to list companies to be superstars on the Unlisted Public Company Market (UPCoM).

FDI pledges for Vietnam decline in 2016

Total FDI registered in the country saw a year-on-year decline of 10.5 per cent in the 11 months of this year to $18.1 billion, according to the latest report from the Ministry of Planning and Investment’s Foreign Investment Agency.

Online tax refund soon in 13 cities, provinces

 The online tax refund pilot project would be implemented in 13 municipal taxation departments this year and expanded next year.

Thanksgiving sales surge online as shoppers stay home for holiday

 Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and reflecting a broader trend away from brick-and-mortar shopping.

NA Chairwoman leaves Hanoi to attend funeral for Cuban leader

 Chairwoman of the National Assembly Nguyen Thi Kim Ngan and a high-level Party and State delegation left Hanoi on November 28 for Cuba to attend the State funeral for Cuban revolutionary leader Fidel Castro, who passed away on November 25. 

If TPP is dead, the US, not Vietnam, will suffer: analysts

If the Trans Pacific Partnership (TPP) agreement fails, Vietnam will miss an opportunity which can help it boost growth, but this would not have a negative impact on the national economy, analysts say.

University boom makes it difficult for hi-tech parks to find skilled workers

VietNamNet Bridge - Enterprises in Saigon Hi-Tech Park (SHTP) are finding it difficult to recruit trained factory workers.

Mid-end smartphone market heats up

VietNamNet Bridge - The mid-end smartphone market segment with prices between VND6 million and VND10 million is attracting more customers. 

Binh Dinh’s coastal waters seriously polluted

The environment in the coastal areas of Binh Dinh province is facing risks – fishing activities, oil spills, waste from shrimp hatcheries on sand, and waste water from fisheries logistics services.

Industry and Trade Minister has opportunity to show his stuff

 VietNamNet Bridge – Perhaps this is the time for the Minister of Industry and Trade Tran Tuan Anh to show if he has the qualities of a leader of one of the largest and most important ministries of Vietnam in an extremely difficult period or not.

Entry to Hoi An's old quarter free on December 4

Visits to the old quarter of Hoi An will be free on December 4 to celebrate the 17 anniversary of the ancient town being recognized as a World Cultural Heritage Site.

Social News 28/11

 Ca Mau preserves coastal protective forests, Employers must be sued over insurance debts: officials, Southern region tackles mounting power shortage, HCM City uses waste to fuel power plant

Vietnamese go abroad to breed cows, grow rice

VietNamNet Bridge - As it is difficult to expand production scale due to the limited land fund in Vietnam, local investors are going abroad to develop their agricultural businesses.

Potential for official art market in Vietnam

Mr. Olivier Do Ngoc, art collector and judge of VietArt Today 2016, a professional young artist contest, shares his opinion on the potential of an official art market in Vietnam.

BUSINESS IN BRIEF 27/11

Vietnam's 4th wind power plant starts generation, FLEGT—A passport to the EU for Vietnamese timber products, New loan packages for social housing, Jewellery market shines ahead of year-end festive season

Typhoon Tokage changes path, more dangerous: weather bureau

 The National Hydro Meteorological Forecasting Center last night warned that Typhoon Tokage has entered the East Sea with constantly changing path jeopardizing boats at sea.

Hanoi directs greater focus on land inspections

Hanoi plans to carry out the inspection and handling of land management and use at all levels from 2016-2020.