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BUSINESS IN BRIEF 9/4

 Mai Linh to buy 100 French-made electric cars, Finance Ministry opposes coal export proposal, ACV to hold design contest for Long Thanh airport terminal, Firms want cashew processing tech transfer to Africa stopped

Sweet 20 makes emotional appeal to all ages

 VietNamNet Bridge – Em La Ba Noi Cua Anh (Sweet 20) earned more than VND110 billion (US$4.9 million) after two months of nationwide screening, making it the highest-grossing Vietnamese movie last year.

Traditional music enters curriculum

 VietNamNet Bridge – Tran Hung Dao Primary School’s class 5/5 students are happily singing Ly Cay Bong, a traditional song of southern Viet Nam with memorable and meaningful lyrics, in a music class.

Cobbler offers free shoe repairs to the poor

 VietNamNet Bridge – In a corner in front of a small lane in District 1, HCM City, 18-year-old Nguyen Ba Cuong was concentrating on mending an old pair of shoes.

Vietnam needs clearer windpower laws: experts

 Delegates at a workshop asked for more specific procedures for small wind power projects, longer validity for investment and generation licences, and a stricter Standard Power Purchase Agreement (SPPA) from Vietnam Electricity (EVN).

Three Vietnamese women in Top Most Powerful Businesswomen in Asia

 VietNamNet Bridge - This year the Forbes list named Cao Thi Ngoc Dung, Chair and CEO of Phu Nhuan Jewelry (PNJ), Thai Huong, Chair of TH Group, and Nguyen Thi Phuong Thao, Chair and co-founder of Sovico Holdings.

PM approves WB-funded industrial energy efficiency project

 The Prime Minister approved the portfolio for the World Bank-funded project “Vietnam energy efficiency for industrial enterprises” (VEEIE).

Education sector under-appreciated

 National Assembly deputy Nguyen Xuan Thuy, the youngest deputy born in 1985, could not contain his displeasure when a report for the 2011-2016 tenure did not mention anything about the education sector.

Scandalous celebrity’s biopic unnecessary

 VietNamNet Bridge – The domestic entertainment world is a miniaturised luxurious version of modern society, where good and evil collide and sometimes we cannot distinguish one from another.

Multi-million-dollar resort booming in Vietnam

  Due to large-scale investments of big players, series of luxury resort real estate projects were consecutively brought into the market only in a short time.

Laboureres face higher fees to go to Taiwan

 Vietnamese labourers who want to work abroad in Taiwan have to pay higher fees than regulated by the Ministry of Labour, Invalid and Social Affairs.

Newly-elected leaders of National Assembly

 The following leaders of the National Assembly were elected at the ongoing 11th working session of the 13th Legislature.

Vietnam economy under Nguyen Tan Dung’s 10-year prime ministerial term

Opening the market widely to foreign investors and developing infrastructure were the two important hallmarks of the Vietnam economy in the last 10 years under the management of the government headed by Nguyen Tan Dung.

Hockey community passes the puck to Vietnam

For many people, hockey is a very new sport in Viet Nam, however, it has been played in Viet Nam for over 10 years now. In fact, Viet Nam has a national men’s hockey team to compete in international tournaments thanks to James Chew,

Closing gov’t tenure: achievements of innovative thinking, determination

 Despite shortcomings, the Government has secured noteworthy achievements in the last five years, which reflected the leadership quality of the 2011-2016 tenure.

Miss Ocean Vietnam finale slated for next month

  The finale of the second Miss Ocean Vietnam pageant will take place on May 21 after 200 contestants have gone through the qualifying rounds.

More Vietnamese fishing boats seized in Thai waters

  The Thai navy said they have detained another five Vietnamese vessels for illegally fishing in Thailand’s exclusive economic zone.

Real estate business: restrictions for foreign investors

  Real estate is one of the areas that attracts great interest from investors in Việt Nam. However, investment in this sector is currently restricted by quite a few regulations.

Vietnam ranks third in Asia for mobile shopping

 VietNamNet Bridge – Five in 10 Vietnamese use smartphones to shop, with thegrowth rate of online shopping in Vietnam 16.8% last year, the 3rd highest in the Asia – Pacific region.

Japan may invite Vietnam to attend G7 summit

 VietNamNet Bridge - Japan is considering inviting leaders of seven countries out of the Group of Seven or G7, including Vietnam, to attend an enlarged meeting of G7, scheduled to take place in central Japan in May.