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Vietnamese trains follow one rail all the time

In Vietnam, productivity growth in the rail transport sector is the lowest among the transport modes.

The 60-year journey of Vietnamese cinema

VietNamNet Bridge – During the past decade, the Vietnamese movie industry has witnessed considerable development with many private studios opening and audiences enjoying a more diverse range of films.

Wine women distill Da Nang destination

 VietNamNet Bridge – Sisters Doan Thi Thanh Thuy and Doan Thi Huong Thao have a bold vision that they hope will blossom into reality.

Credit rating reflects macroeconomic strain

 VietNamNet Bridge – Early this year, Fitch Ratings affirmed Viet Nam's sovereign rating at B+ with a stable outlook. With Viet Nam determined to restructure the whole economy with a focus on the banking system,

Village temple bears soul of rural community

 VietNamNet Bridge – Together with two other common village symbols - the banyan tree and the well - a temple is essential to the spiritual life of almost all people in rural areas.

Hotel developers bet on niche markets

Despite the predicted oversupply of hotels in the central region and the reported difficulties in tourism development, investors still have been strongly determined to develop more hotels in the sea cities in the region.

Tourism development destruct the nature

A lot of the beautiful landscapes which have been advertised as the “paradises” for tourists, in fact, are the “paradises of rubbish.”

Pedagogical schools get more attractive to Hanoi’s students

Local education and training departments have noted the sharp increase in the number of the students registering to attend the exams to pedagogical schools.

Vietnam fails to attract high technologies in FDI projects

Scientists have warned that the import of backward technologies would turn Vietnam into a technology landfill.

Vietnamese take precautions when doing business with Chinese

Having tasted bitterness in doing business with Chinese enterprises, Vietnamese say it’s not the time to make a break with Chinese.

Overseas labour issues in the spotlight

 VietNamNet Bridge – Vietnamese workers staying in South Korea beyond the expiry of their labour contracts is a major cause towards Viet Nam's failure to achieve its goal of sending 90,000 workers overseas.

Allowing foreigners buying houses in VN to rescue property market?

Vietnam will not be able to rescue the real estate market if it only relies on the domestic resources. The government has been urged to allow foreigners to buy houses in Vietnam to increase the demand.

BUSINESS IN BRIEF 14/4

Q2 rice exports forecast to grow; FDI capital on rise in HCMC; Vietnam parboiled rice has price advantage; Bad debt in Vietnam reaches alarming rates; Air-con prices up 15% given ballooning demand

Diplomat pushes women empowerment

Ton Nu Thi Ninh served her country as Ambassador and Head of Mission to the European Union in Brussels, then as vice-chair of Viet Nam's 11th National Assembly's Foreign Affairs Committee, and now as the Head of Tri Viet Institute.

MPI signals tax incentives for long-term investors

VietNamNet Bridge – Vietnam is expected to offer tax exemption and reduction for expansion parts of foreign-invested projects as well as tenants in industrial zones in order to attract long-term and environment-friendly investors,

Bus companies reveal fair hike for upcoming holidays

 VietNamNet Bridge – Bus tickets will rise by nearly 30 per cent during Reunification Day and International Labour Day (April 30-May 1) holidays, said the Ha Noi Bus Station Management Company.

HCM City funds updates for government IT infrastructure

 VietNamNet Bridge – The municipal administration plans to spend VND300 billion (US$14.3 million) this year on further developing E-governance in HCM City.

Urban planning in disarray

 VietNamNet Bridge – The quality of urban development planning activities in Ha Noi remains poor, which results in frequent changes of plans and delayed projects.

Legalizing “red light district,” should or should not?

HCM City has recently proposed to open the "red light district" to better manage and restrict the consequences of prostitution. However, this opinion is so new to the Vietnamese society.

The bad debt panorama

The reports from 10 State Bank’s local branches showed that Hanoi, HCM City and Da Nang are the localities with the highest bad debt ratios.