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Bachelor’s degrees in Vietnam lose value

Getting a university education was once the dream cherished by all Vietnamese high school students. However, a bachelor’s degree has lost some of its value in the country.

An attraction for visitors to Vinh Phuc

 VietNamNet Bridge – On the way to the upland resort town of Tam Dao in the northern province of Vinh Phuc, tourists are advised to drop by Tay Thien, which is seen as a major site for Buddhist pilgrims and non- Buddhist visitors as well.

Transport Ministry revokes Air Mekong licence

The Ministry of Transport has revoked the air transport licence of Air Mekong as the private airline has failed to submit a plan for restructuring its business, Tuoitre.vn reported.

Driving luxury cars: who says Vietnamese are poor?

The Vietnamese people at times are proud when they talk about the country’s number of luxury cars – an indicator of the dissipation of the rich in Vietnam and they do not forget to comment further, "Who says Vietnamese people are poor?”

27 securities companies shut up shop in 2014

 VietNamNet Bridge – The number of securities companies in Viet Nam reduced by more than 20 per cent in 2014, announced the State Securities Commission of Viet Nam (SSC).

Many addicts still unable to access Methadone cure

 VietNamNet Bridge – It was about 10am at the Muong Cha Commune clinic. A man entered the clinic and came out with a dosage of methadone.

BUSINESS IN BRIEF 12/1

VN-Index soars to 8-month high; Banking sector's assets climb; UPS launches worldwide express freight in Vietnam; New HCM City system to process investment certificates; Binh Dinh Province set for USD22bn mega oil complex

HCM City adapts to climate change

VietNamNet Bridge – HCM City has devised several solutions to adapt to global warming and achieve green growth and sustainable development by 2020, including a reduction of carbon dioxide emissions by 2 to 3 per cent per year.

Workers value Tet bonuses

 VietNamNet Bridge – The idea of dropping the Tet bonus and improving worker welfare faces strong opposition from employees as the holiday is approaching.

Foreign banks look local for CEOs

 While local banks may prefer a foreign CEO, some foreign banks are now eyeing Vietnamese CEOs.

Late composer's music lights up Hue on rainy afternoons

 VietNamNet Bridge – It rains a lot in Hue during winter. Rain can last for half a month, casting a shadow over Hue, making the view quiet and the people passive.

Teacher surplus leaves graduates looking for jobs

VietNamNet Bridge – Inexperienced university and college graduates looking to be employed as educators have difficulty finding work because the city already has a sufficient amount of teachers,

Photos: Stamp weekend bazaar in the heart of Saigon

 VietNamNet Bridge – This stamp fair is held bi-weekly on the morning of Saturday, from 8 am to 11:30 am, at the Center for Stamp Business II - 18 Dinh Tien Hoang Street, District 1.

Unemployment rate projected to rise in HCM City this year

 VietNamNet Bridge – At least 330,000 people need jobs this year in HCM City, but there will only be about 265,000 job vacancies,

Clubs save cash on younger players

VietNamNet Bridge – Owing to the difficulty in finding sponsors or having limited funding, many clubs have begun recruiting younger players to play in the Toyota V-League 1 to reduce expenses.

Vietnam-RoK trade directs to $70bil.

After concluding negotiations for a bilateral free trade agreement (FTA), Vietnam and RoK set a target of a two-way trade turnover to reach 70 billion dollars by 2020.

Cheap foreign goods to flood VN market

VietNamNet Bridge - Thousands of items of goods from Southeast Asian countries are no longer subject to import duties from January 1, 2015, as part of Vietnam’s commitment under the ASEAN Trade in Goods Agreement (ATIGA) from 2015 to 2018.

Surrogacy procedures allowed in 3 hospitals

Only three hospitals in the country – one each in the north, south and central regions – will be allowed to carry out procedures on surrogate mothers in Viet Nam, Deputy Minister of Health Nguyen Viet Tien has announced.

Famous craft villages worth visiting at Tet

VietNamNet Bridge – By putting traditional craft villages into their tour programs, travel firms want to introduce new products, raise awareness of their conservation and help villagers earn some extra income.  

Vietnam's retail sales climb in 2014

 Vietnam's total value of retail sales for goods and services in 2014 increased approximately by 10.6 percent when compared to last year, according to the General Statistics Office (GSO).