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BUSINESS IN BRIEF 4/12

 Shareholders approve 80% sale of KDC snack division; VND30trillion credit package remains inaccessible for many; Minister confident of 5.8% GDP growth for 2014; Vietnam spends nearly US$3 million on animal imports

Red tape prevents release of smuggled rare animals

 VietNamNet Bridge – Several rare mammals and reptiles are facing death because of conflicting work mechanisms of the agencies responsible for releasing the animals into the environment.

HCM City restaurant launches Pho eating contest

VietNamNet Bridge – A pho restaurant in HCM City has launched an eating contest. If participants can finish a giant bowl of soup in one hour, they win VND1,000,000 (US$48).

Ministry tightens control over online sales

 VietNamNet Bridge – The Ministry of Industry and Trade is setting up strict regulations on e-commerce to prevent trade fraud, but businesses say this would cause serious problems for them.

US Embassy seeks candidates for 2015 Southeast Asia Youth Leadership Program

VietNamNet Bridge - The U.S. Embassy in Vietnam is seeking candidates for the 2015 Southeast Asia Youth Leadership Program (SEAYLP).  

VietJet offers over 10,000 tickets from $0.4

VietNamNet Bridge – Low-cost airline VietJet has joined a spectacular promotion program called “Online Friday” with 10,000 tickets from just VND9,000 ($0.42). 

Quest Festival delights domestic and foreign youth

First Hoi An- RoK fine art and craft exchange opens; Photos on national heritage shown in Hoi An, Can Tho; Pho eating contest a huge success; Quest Festival delights domestic and foreign youth; HCMC kicks off stamp exhibition

V-League seeks new sponsor partners for 2015 season

 Pham Phu Hoa, deputy general director of the Viet Nam Professional Football Joint Stock Company (VPF), has announced that his company was seeking new sponsors for the V-League in the 2015 season.

Autism growing in Vietnam

Autism growing in Vietnam; France to sponsor tertiary education festival; Taxi app in breach of local regulations; Russian Duma Chairman meets Hanoi students; Denmark assists Vietnam in energy saving

Two VN's footballers nominated for AFF 2014 Best Player

 Vietnamese players Hoang Thinh and Thanh Luong have been nominated for the Southeast Asian Football Championship-AFF Suzuki Cup Best Player award by Goal Malaysia.

New land policy clips IZ developers’ wings

 VietNamNet Bridge – Infrastructure developers and enterprises in IZs say that the government’s new land policy has caused them serious difficulties.

Hue launches golden tourism week

 Hue launches golden tourism week to lure more visitors; Jetstar Pacific opens Ha Noi-Bangkok route; Luxury US cruise ship visits Phu Quoc Island; Vietnam Airlines launches online ticket, hotel reservation package

Taxi app in breach of local regulations

 VietNamNet Bridge – Uber, a ride-sharing taxi service new to HCM City and Ha Noi, has attracted a growing number of passengers, but officials have said the business is unsafe and difficult to manage.

Binh Duong, T&T to represent VN at AFC Champions League 2015

 Binh Duong, T&T to represent VN at AFC Champions League 2015; Fans unhappy at price hike for AFF semi-final matches; Vietnam suffers huge loss to Thailand at Axiata Cup; Vietnam win three gold medals at ASEAN Schools Games

Vietnam signs MoUs on coal imports

 The Vietnam National Coal and Mineral Industries Group has signed 10 memorandums of understanding (MoU) with foreign companies for an annual supply of about 20 million tonnes of coal.

Vietnam produces international-standard submarines

 VietNamNet Bridge – Vietnam has mastered the process of designing, manufacturing, assembling, operating and testing small-size submarines in accordance with international standards recognized by Germanischer Lloyd.

Vietnamese university students struggle with English tests

 VietNamNet Bridge – Weak English skills are a major problem for university students, with many of them unable to graduate despite good results in their majors.

Two year old boy abandoned in taxi

 Vinasun's taxi driver Ho Minh Thuan took a two year old boy who has been abandoned in his cab to the People’s Committee of Ward 1, District 8, Ho Chi Minh City early December 2.

Vietjet to apply new check-in and boarding times next month

 VietNamNet Bridge - As of January 1, 2015, budget airline VietJet Air will change check-in times for both domestic and international flights, under the Ministry of Transport’s new rules.

Vietnamese named ASEAN’s outstanding IT, security officers

 Fourteen Vietnamese executives received the titles of Chief Information Officer (CIO) and Chief Security Officer (CSO) at the 10th ASEAN CIO/CSO Awards presentation ceremony in Ho Chi Minh City on December 2.