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Despite price fall, Vietnam exploits oil, opens Red River coal basin

As the crude oil price keeps falling, state budget revenue has decreased. However, despite the bad news, Vietnam still has to continue exploiting oil and consider opening the Red River coal basin.

Premier Village Phu Quoc Resort: The secrets of profitability

 VietNamNet Bridge - Barack, an investor from New York shared five reasons why he had decided to invest in the Premier Village Phu Quoc Resort: the location, price, design, prestigious investor, and professional manager.

BUSINESS IN BRIEF 15/4

 Post-harvest paddy losses remain huge in Mekong Delta, Majority of firms lack awareness of business development services, Cotecons targets $1b in 2017 earnings, MoT to divest $282 million in Q2

Geological heritage of million years in Quang Ngai

VietNamNet Bridge - After a long time of studies, Vietnamese and international experts have agreed that geological heritage of Quang Ngai’s waters is unique, worthy to be recognized as the Global Geopark.

HCM City-Binh Duong budget train services ready today

Saigon Railway Transport Joint Stock Company on Friday launches low-cost train services between HCMC and Di An in the southern province of Binh Duong with single fares starting from as low as VND5,000 per passenger.

Vietnam, Singapore’s navy forces strengthen ties

 The Rear Admirals of Viet Nam and Singapore on April 13 inked a common regulation on rescue of submarines between the Viet Nam People's Navy and the Republic of Singapore Navy.

Drought is indirectly killing elephants in Vietnam's Central Highlands

 The bodies of at least two elephants have been found by the lakes in Dak Lak Province with heat and drought, being suspected as the main suspect.

Express bus service to reduce travel time from Hanoi center to Noi Bai Airport

The Hanoi Transport & Services Corporation has submitted to the Hanoi authorities a solution on launching a new express bus service aiming to meet people’s demand for travel between the inner city and Noi Bai Airport.

Ivory and rhino horn to be destroyed at Thang Long Imperial Citadel

The Ministry of Agriculture and Rural Development has proposed to destroy seized illegally-trade elephant tusks and rhino horn at an event at the Thang Long Imperial Citadel to raise awareness about animal protection.

Canal+’s Vietnam venture at risk of huge losses

Vietnam Satellite Digital Television would incur huge losses if it’s unable to buy the rights to broadcast the English Premier League (EPL) for the 2016-2019 period.

International Travel Mart Hanoi 2016 to offer thousands of discount tours

 Thousands of tourism packages with discounts of up to 40 percent will be offered at the Vietnam International Travel Mart (VITM 2016) which will take place in Hanoi between April 14 and 17.

Foreign investors eye food companies

VietNamNet Bridge - The success of Vissan’s IPO held earlier last week showed that foreign investors find the food sector in the country attractive.

State auditors to audit Vietnam Airlines

 The State will conduct audits of the national carrier Vietnam Airlines and its subsidiaries on management, capital use and the fiscal year 2015, reported the State Audit Office of Vietnam (SAV).

Key laboratories decline in quality

VietNamNet Bridge - After 10 years of operation, the nation’s key labs, set up with investment capital of VND1 trillion to work as the ‘iron fists’ of Vietnam’s science and technology, have been degrading dramatically.

Vietnam win golds in Asian youth chess champs

 Vietnam wrapped up the Asian Youth Chess Championships with seven gold, five silver and seven bronze medals.

60,000 free tickets for Trinh Cong Son memorial concerts

 Trinh Vinh Trinh, younger sister of the late great Trinh Cong Son, will sing at the annual memorial concert for the composer in HCM City next week.

Int’l event promotes tourism via culture, art

 Traditional art performances by troupes from Indonesia, the Philippines and Russia opened the Vietnam International Travel Mart (VITM) 2016 yesterday in Hanoi.

Veteran composer Nguyen Anh 9 dies at 76

 Noted composer Nguyen Anh 9 died yesterday from a respiratory disorder and other diseases after a three-week stay at a local hospital. He was 76.

Condotel attracts foreign investors

The impressive growth of Condotel has made this product the focus of the property market. The policy enabling overseas Vietnamese and foreigners to buy houses in Vietnam is an important move to drive foreign capital flows to the property market.

US visa extension applauded by businesspeople

 The National Assembly’s decision last week to extend visas for US citizens to one year has been welcomed by businesspeople and analysts who say it will boost bilateral trade and tourism.