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BUSINESS IN BRIEF 12/11

PVN seeks import tax cut to compete with imports, AIA Vietnam, ACB sign bancassurance deal, The Gioi Di Dong listed as second leading retailer in Vietnam, 2015 cashew exports forecast at US$2.5 billion

Gamers to compete at FIFA Online 3 Asian Cup 2015

 VietNamNet Bridge – Three top Vietnamese gamers will arrive in Busan, the Republic of Korea (RoK) to contest the FIFA Online 3 Asian Cup 2015, running on November 12-14.

Fashion show featuring high-end styles returns city

 VietNamNet Bridge – Lynk Fashion Show featuring a haute couture collection by French designer Alexis Mabille will take place at GEM Center in Ho Chi Minh City on November 11.

China's Alibaba breaks Singles Day record as sales surge

 E-commerce giant Alibaba has broken its own record for sales on China's Singles Day, the world's biggest online shopping event.

Vietnamese, foreign businesses vie by offering high pay

VietNamNet Bridge - Vietnamese businesses are now offering extremely high pay to hunt for talents to compete with foreign invested enterprises.

Draft revised law on children to further accord with UN convention

The draft revised Law on Child Protection, Care and Education will remove flaws in the existing law, adhere more closely to the UN Convention on the Rights of the Child and improve the implementation of the 2013 Constitution.

Boxers invited to train in America

 VietNamNet Bridge – Boxers Luu Thi Duyen and Le Thi Bang have been invited to practise and compete in the US.

Wild beauty of Vietnam's northern moutainous region in photos

A photo competition themed "Landscape and people of the northern moutainous region" is exhibiting in Cao Bang Province the 173 best photos chosen from 2,290 entries.

Vietnamese scholars receive Australian Endeavour Scholarships

 Thirteen Vietnamese applicants have been awarded with scholarships to undertake PhDs in Australia under the prestigious Endeavour Scholarships and Fellowships programme, according to the Australian Embassy in Vietnam.

US, Vietnam seek closer ties in war consequence settlement

Deputy Defence Minister Nguyen Chi Vinh suggested Vietnam and the US work more on post-war consequence settlement, focusing on searching for US servicemen’s missed remains, unexploded ordnances clearance and Agent Orange/dioxin decontamination.

WHO rejects information of Quinvaxem vaccine clinical trial on VNese kids

An expert from the World Health Organization has rejected the information released on social networks that WHO is carrying out the trial of the South Korean-made vaccine Quinvaxem on Vietnamese kids.

Pending FDI projects leave

VietNamNet Bridge - Many foreign investors do not bring capital to Vietnam, but still register investments and try to mobilize capital in the country to implement the ‘foreign direct investment’ projects.

Tien An bat cave – the forgotten ‘Jurassic Park’

 VietNamNet Bridge - Located in Tien An commune, Tien Phuoc district, 35km far from Tam Ky city, Quang Nam province and over 100 km from Da Nang city, Tien An bat cave is similar to Jurassic park with its natural beauty and fossil rocks.

More than 30 brokerage firms face suspension

More than 30 brokerage firms, about 30 per cent of all brokerage firms, will be suspended if they record combined losses equal to half of the capital or their equity is lower than the legal capital required to operate their businesses.

Apple Computer co-founder Steve Wozniak to visit Vietnam

 VietNamNet Bridge – Apple Computer co-founder Steve Wozniak will attend a seminar on future technologies exploring business potential in HCM City on December 2.

HCM City to host int'l Buddhist event

The contributions made by Buddhism to the security, environmental protection, and sustainable development of the Mekong region will be discussed by 120 international and Vietnamese scholars and experts at a two-day conference

Hanoi, HCM City among Top 10 wallet-friendly destinations

 VietNamNet Bridge – Lonely Planet, the world’s popular travel guide book publisher, has listed Hanoi capital city and Ho Chi Minh City in the Top 10 best-value destinations for 2016.

Victory Cup Award to honour excellence

 VietNamNet Bridge – The Victory Cup Award to honour Vietnamese sportsmen was launched yesterday in Hanoi.

Vietnamese Gov't budget selects eight economic zones

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung has selected eight coastal economic zones (EZs) as priorities for allocation from the government budget from 2016 to 2020.

Vietnam’s mathematics, physics institutes attain UNESCO recognition

 The UNESCO General Conference has recognised the Institute of Mathematics and the Institute of Physics of the Vietnam Academy of Science and Technology as its Category 2 centres.