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Overspending threatens economy

 VietNamNet Bridge – Vietnam has a plan for its economic development over the next 20 years. Bui Trinh, an economic expert, spoke to the Hai quan (Customs) on-line outlet regarding tasks that Viet Nam must accomplish.

Responsible tourism is national priority: official

 Responsible tourism is everyone’s business and the industry has the potential to become the cornerstone of the nation’s economy, says the Vietnam National Administration of Tourism (VNAT).

Huge capital invested in safe agricultural products

VietNamNet Bridge - The market for safe agricultural products is wide open for investors.

Online retail sales projected at US$10 billion by 2020

 VietNamNet Bridge – The Vietnam E-commerce Association (VECOM) has projected the nation’s online retail sales would amount to US$10 billion by 2020, accounting for 5% of total retail revenue.  

9th HCMC Book Festival to open in March

 The 9th Ho Chi Minh City Book Festival will be held at the Le Van Tam Park in District 1 from March 21-27.

Fake monks still trawl southern streets

 People have donned monk robes and roamed the streets of HCM City to fraudulently earn money as people continue to flock to temples and pagodas following the start of the new lunar year.

Veggies, seafood sectors to benefit from TPP

 VietNamNet Bridge – Vegetables, fruits and seafood are expected to benefit much from the Trans-Pacific Partnership (TPP) agreement despite concerns that agriculture will be one of the most vulnerable sectors.

Da Nang authorities release odd/even parking plan

 The central city of Da Nang has issued orders prohibiting the parking of four-wheelers on even dates and odd days on certain routes of the city centre.

European parliamentarians step up ties with Vietnam

 A line-up of activities will be held by the friendship group of parliamentarians who love Vietnam in the European Parliament (EP) in 2016 to enhance cooperation with Vietnam.

Agenda of NA’s 11th meeting put on table

 The content and agenda of the 11th meeting of the 13th National Assembly (NA), to be held in late March, were among the talking points of the NA Standing Committee’s 45th session on the morning of February 24.

Business fields that face the biggest challenges in 2016

VietNamNet Bridge - Natural rubber, sea shipping, pharmaceuticals, seafood, oil & gas, and steel enterprises are expected to be under pressure this year, according to securities firms.

Zika may have been sexually transmitted in 14 cases: CDC

 U.S. health officials are investigating 14 reports of the Zika virus that may been transmitted through sex, including to several pregnant women, raising new questions about the role sexual transmission is playing in the growing outbreak.

Cyclone-hit remote Fiji islands begin to receive aid, death toll 42

 The Fijian government and international aid agencies began delivering much needed aid on Wednesday to the Pacific nation's remote islands and coastal villages devastated by a powerful cyclone that killed 42 people.

Birds harmed in Buddhist animal release practices

 Many sellers in HCM City are re-trapping birds that have been released as part of the traditional First Full-moon Festival.

Movie shoots offer tourism marketing potential

 Vietnam will grasp the opportunity to promote the country through famous movies, a tourism official has said.

Vietnamese Tet at Vietnam Museum of Ethnology

 VietNamNet Bridge – Folk games such as bamboo dance, tug of war, mud banger, and stilt walking, were recreated in a program called “Discovering Vietnamese Tet” at the Vietnam Museum of Ethnology on January 30.

Vietnam Television dreams of erecting world's tallest TV tower

Deputy general director of Vietnam Television (VTV) Nguyen Thanh Luong has confirmed the government has allowed VTV and two of its partners, the State Capital Investment Corporation (SCIC) and BRG Group, to set up the Vietnam TV Tower JSC.

Indigenous tourism in Vietnam’s northwest

 VietNamNet Bridge – Indigenous tourism provides fascinating insights into the life, art and history of some of the globe’s longest surviving cultures, having inhabited Vietnam’s northwest for centuries.

BUSINESS IN BRIEF 24/2

ODA attraction, use directions issued for 2016–2020, Vingroup pips rivals with paradise villas, Upturn in rice exports early this year, Vietnam property prices set to increase, Insurer Bao Viet targets $1 billion in revenue in 2016

Vietsovpetro may cut 2,000 employees

VietNamNet Bridge – The Russian partner in Vietsovpetro JV has proposed to reduce the personnel of Vietsovpetro to under 5,000 people from the current number of 7,200 over the next five years.