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BUSINESS IN BRIEF 20/4

 Double textile export to U.S. in sight; Firms seek diversification for tra fish exports; Rice prices fall despite successful bid for export; HCM City calls for investments into Thu Thiem

TV digitalization – a costly revolution

TV enterprises would have to spend several trillions of dong to buy new machines to broadcast TV programs in new technology, while people would have to pay VND9,100 billion to buy set top boxes to watch terrestrial digital TV.

Home prices still too high for most

 VietNamNet Bridge – Developers are offering more affordable housing, yet people continue to hesitate when it comes to making home purchases.

Domestic pharmacy firms threading their ways through chinks

Domestic pharmacy firms, which understand the power of foreign groups, do not intend to confront the big guys, but try to attach niche markets to earn small changes.

City walks allow visitors to discover Ha Noi

VietNamNet Bridge – Friends of Vietnam Heritage, a non-formal group of foreign residents living in Ha Noi who work voluntarily to promote and preserve Vietnamese cultural and historical heritage, will host two city walks on April 24 and April 26.

HCM City has 300 new cars per day

According to the city’s social-economic report of the first quarter 2013, more than 104,000 new vehicles, including over 26,000 cars, were registered during this period. On average, the city had nearly 300 newly-registered cars per day.

Hanoi to have 1,400 more hotel rooms: Savills

 VietNamNet Bridge – Eight hotels with 1,400 rooms, many of which are managed by international operators like Intercontinental, Marriott, Hilton Hotels & Resorts and Candeo, are scheduled to start service in Hanoi this year.

Cannes film festival set to unveil line-up

Hollywood names and arthouse directors on Thursday get to hear if they are in the frame for the Palme d'Or at next month's Cannes film festival, the world's leading cinema showcase. 

Phuoc revs up for SEA Games

Top swimmer Hoang Quy Phuoc is warming up for the Asian Indoor Games in South Korea in June – a crucial test before competing in the Southeast Asian Games in Myanmar later this year, and the Incheon Asian Games in 2014.

In difficulties, bosses manage their businesses with parsimonious hands

Sharing the same business premises with others, relocating the offices to the suburbs, laying off workers and cutting down all possible expenses are the things most businessmen are doing to save every dong to survive the current difficult period.

Part 3: Rampant unemployment caused by systematic error

There are so numerous people with high education (bachelors, masters and PhDs) in Vietnam that they have been compared as the “yellow leaves in the autumn.”

Vietnam gears up for the program to recycle garbage

Investors are willing to spend money to build modern garbage treatment plants which would generate electricity and make compost fertilizer. However, they need the amounts of garbage big enough to run.

Twitter will mine people's tweets to target ads

 Twitter on Wednesday began to allow ads to be targeted at users based on the words written in 'tweets' and messages forwarded to followers at the popular social network.

Deputy PM orders crack down on crime in HCMC, Hanoi

VietNamNet Bridge – Speaking at a meeting on crime prevention and control in Hanoi and Ho Chi Minh City on April 15, Deputy Prime Minister Nguyen Xuan Phuc said police must strengthen efforts to curb crime in both the cities.

Theatre directors' quest to eye quality, appeal

 VietNamNet Bridge – HCM City's younger directors are expected to shine at the National Competition for Young Talented Theatre Directors that begins in the city next Monday.

Every Vietnamese bears the public debt worth $808.1

The global debt clock at 3 pm of April 15, Hanoi time, showed that Vietnam’s public debt was equal to 49.2 percent of the country’s GDP.

Former Japanese coach seeks Vietnamese talent

 VietNamNet Bridge – Yamaha Motor Vietnam Co. Ltd has invited former coach Masakuni Yamamoto to seek new talent and train them up to international standards.

Friendship festival features Japanese culture

 VietNamNet Bridge – A two-day festival earmarked for April 20 and 21 at the Viet Nam Exhibition and Fair Centre will feature aspects of typical Japanese culture,

Viettel prepares for investment in Myanmar

Viettel Group will compete with 17 networks providers and seven information technology groups in an international bidding round for a license to supply mobile telecom services in Myanmar.

Contemporary dance concert at city opera house

 VietNamNet Bridge – Musicians of HCMC Ballet Symphony Orchestra and Opera (HBSO) will debut their new works by choreographers Phuc Hai and Phuc Hung in a contemporary dance concert at 8 p.m. on Friday at HCMC Opera House.