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Construction work commences on new terminal in Da Nang airport

 The construction of a new terminal at the Da Nang International Airport began on November 15. 

VFF leader greets Singaporean Deputy Prime Minister

 President of the Vietnam Fatherland Front (VFF) Central Committee Nguyen Thien Nhan held a reception for Singaporean Deputy Prime Minister Tharman Shanmugaratnam in Hanoi on November 15.

Vietnam, New Zealand move towards strategic partnership

Vietnam and New Zealand have agreed to develop their comprehensive partnership both on scale and in depth towards a strategic partnership during Prime Minister John Key’s visit to Vietnam. 

20 best VN movies to be screened in Vietnam Film Week

 Marking the 19th Vietnam Film Festival, Vietnamese film week is scheduled to take place in Hanoi and Da Nang on December 1- 5 , announced the Cinematography Department and Ministry of Culture, Sport and Tourism on November 14.

The current challenges of Vietnam

VietNamNet Bridge - The current challenges show that Vietnam does not have much time left. If it does not urgently develop appropriate strategies, the country will fall into prolonged stagnation, a kind of middle-income trap.

MOF says ‘no’ to Samsung’s requests for tax incentives, economists agree

VietNamNet Bridge - Economists have supported the Ministry of Finance’s (MOF) decision to reject the requests for tax incentives made by Samsung. 

Green IPs praised, but still unrealistic for Vietnam, experts say

VietNamNet Bridge - Though experts and policy makers all admit the great advantages of ecological industrial zones (eco IP or EIP), they think such IZs cannot be developed in Vietnam at this time.

Expert: Slow economic recovery next year

 Vietnam’s economy will continue to recover next year but at a slower pace, said Nguyen Dinh Cung, president of the Central Institute for Economic Management (CIEM).

Major music festival to ring in New Year

 Following the success of a major music festival early this year, Tiger Remix will come back in January to ring in the New Year 2016.

Street vendors struggle amidst global integration

 VietNamNet Bridge – As the country is integrating deeper into the world market, a number of street vendors who come to pursue their dream in cities might lose their jobs, experts have warned.

BUSINESS IN BRIEF 16/11

 Ho Tram Strip gets US$50 mil. from Harbinger Capital, Vietnam takes advantage of staples when joining TPP, Investment flow poured into Phu Quoc Island, Cassava exports set to earn 1.5 bln USD this year

Fresh regulations on processing zones and enterprises

 The Government has issued Decree 114/2015/ND-CP to amend and supplement Article 21 of Decree 29/2008/ND-CP and Point 1 of Article 1 of Decree 164/2013/ND-CP on provisions exclusively applicable to export processing zones and enterprises.  

Serious pollution affects Cai Rang Floating Market

 Famous Mekong Delta tourist attraction Cai Rang Floating Market, is suffering from serious pollution.

HCM City exhibits antique tea sets

 HCM City exhibits antique tea sets, New TV show about Japanese music, Vietnamese tattoo artist featured in book by US writer, New King Kong movie to film in world’s largest cave in central Vietnam

Residential index opposite in Hanoi & HCMC

 The residential index for the Hanoi market in the third quarter increased 0.03 points quarter-on-quarter (q-o-q) and 6 points year-on-year (y-o-y) to 108.3 points, according to a Savills Vietnam report released on November 13.

Experts: Vietnam should roll-out a national rice brand

Vietnam is one of the world’s top rice exporting nations, but its rice lacks competiveness when stacked up against other countries, such as those contemplating formation of the Trans-Pacific Partnership (TPP) free trade region.

Korea – Vietnam Incubator Park inaugurated in Can Tho

 A ceremony was held on November 14 at the Tra Noc II Industrial Park in Phuoc Thoi ward, O Mon district, Can Tho province to inaugurate the Republic of Korea (RoK) – Vietnam Incubator Park (KVIP).

National Assembly discusses revisions to press law

 The National Assembly held group discussions on November 14 to debate amendments to the current press law, which aim to make it compatible with the 2013 Constitution.

Czech Senate President makes official visit to Vietnam

 President of the Senate of the Czech Republic Milan Stech and his wife Ivana Stechova are paying an official State visit to Vietnam from November 15-20 at the invitation of Chairman of the National Assembly Nguyen Sinh Hung.

Milky flowers in bloom throughout Hanoi

 From the beginning of autumn, every street in Hanoi is blanketed with the fragrance and white colour of hoa sua (milky flower), creating a peaceful and romantic atmosphere in the capital.