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BUSINESS IN BRIEF 30/6

 Hi-tech support industry: high demand, limited supply; One-to-one deal touted for renewables; Disbursements of VND30-trillion home loan package meager; Tech renovations urged to reduce reliance on China; Singapore leads foreign investment in HCM City

An Austrian's love for Viet Nam

 VietNamNet Bridge – The Tri Thuc Publishing House and the Austrian Embassy in Ha Noi on June 6 released the Vietnamese version of a book by Austrian author Ernst Frey.

IT earnings up 48 per cent

 VietNamNet Bridge – Viet Nam's Information Technology (IT) sector earned US$37 billion in revenues in 2013, up 48 per cent year on year, the Ministry of Information and Communications (MIC) has estimated.

Formosa seeks steel economic zone

Formosa has proposed that the government set up the Vung Ang steel economic zone and offer special investment incentives to it. The government has not yet replied to the proposal, but economists caution that the request is an excessive one.

VN win three bronzes at world aerobics event

 Viet Nam won three bronze medals in the age group event at the ongoing World Aerobic Gymnastics Championships and World Age Group competitions from June 23-29 in Cancun, Mexico.

Travel News

 Da Lat offers promotions; Binh Thuan tourist numbers rise; Can Tho unveils new tours; Hai Phong develops sea tourism; Binh Dinh sets up tourism offices; Binh Duong fruit orchards popular

Foreign investors pump millions into tires

 VietNamNet Bridge – Foreign tire manufacturers have flocked to Vietnam with plans to turn the country into their production base as well as a new consumption market.

Vietnamese-born to be governor of South Australia

Vietnamese-born Le Van Hieu will become the first Asian migrant to become the Governor of South Australia in September, according to ABC News.

Vietnamese law enforcement ships continue braving China’s acts

 Chinese ships of different kinds on June 28 continued to form a row against Vietnamese law enforcement ships undertaking their normal missions in Vietnam’s waters, according to the Vietnam Fisheries Surveillance Department.

WB pledges US$2 billion for urban development

 The World Bank has committed US$2 billion to 30 Vietnamese cities to carry out urban development and management, institution and infrastructure construction projects.

Denmark invests in green energy in Vietnam

 Denmark is seeking cooperation with Vietnam in the energy sector on the back of its effective use of renewable energy.

First Vietnamese brand tablet launched

 Microsoft, the Viet Son Company, and Intel Corporation officially launched the first Vietnamese brand tablet in Vietnam market, namely ROSA on June 26, the Saigon Giai phong Daily reported.

EU should intervene' in China-Vietnamese dispute

 VietNamNet Bridge – Tensions in Asia have been high ever since China placed an oil rig in disputed waters of Bien Dong Sea (the South China Sea). Former Vietnamese diplomat, Ton Nu Thi Ninh, calls on the European Union try to resolve the dispute.

Political News Headlines 29/6

 Vietnam calls for Uzbekistani support for East Sea issue; Deputy Defence Minister welcomes US, Indonesia guests; Vietnam active at UN human rights meeting; Vietnam backs MIA issues with the US

China blatantly declares regular patrols in East Sea

 A Chinese Defense Ministry spokesperson said the country's army has established a strategic periodical patrol mechanism in the East Sea.

French scholars criticise China’s illegal acts in East Sea

 Nearly 100 French scholars and professors gathered in Paris on June 25 to address the East Sea dispute and its ramifications on security in the Southeast Asian region.

"Exotic" Vietnam in video clips by foreign tourists

 VietNamNet Bridge – Foreign tourists have shot beautiful video clips about Vietnam, which help introduce Vietnam’s beauty to the world. Below are several of them.

Law to punish parental negligence

 VietNamNet Bridge – Nguyen Hai Huu, Head of the Child Protection and Care Department of the Ministry of Labour, Invalids and Social Affairs, talks to online newspaper Vietnam Plus about changes to childcare legislative protection.

Work begins on huge FDI projects

 VietNamNet Bridge - Along with projects worth billions of US dollars, such as the Nghi Son, Long Son and Vung Ro oil refineries, work on a series of other large-scale projects for LG and Samsung has begun.

Vocational training imperative for modern VN

 VietNamNet Bridge – The race to provide education should not ignore quality standards, Professor Nguyen Xuan Han, from Ha Noi National University spoke to the Labour Weekend newspaper.