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BUSINESS IN BRIEF 28/4

Capital industrial production soars; As prices fall, offices attract tenants; Lotte’s ‘ao dai’ tower rises higher in Hanoi; Foreign eyes light up at new M&A deals; SBV stalls asset regulations as companies feel the pinch

Youth dust off old instruments

 VietNamNet Bridge – A music project to encourage young composers of Vietnamese traditional music instruments has been launched by US-based artist Vo Van Anh.

Opening traffic bottlenecks in capital city

 VietNamNet Bridge – Hanoi, the political, economic and cultural center of Viet Nam, has attracted a large number of people from other areas coming to work and settle in recent years.  

Whirlwind ravages northern mountainous provinces

Whirlwinds and heavy rain over the past two days claimed one life and swept the roofs off more than 1,000 houses in northern mountainous provinces Tuyen Quang and Lao Cai and central Ha Tinh Province.

Banks look to strengthen foreign ties to weather choppy economy

 VietNamNet Bridge – Some Vietnam banks are pondering new and deeper foreign partnerships to strengthen their positions amid current stormy economy.

Expert blames high rate of youth crime on poor quality education

VietNamNet Bridge – The recent increase in crimes among young people, especially pupils and students, is a proven evidence of education failure, one education expert said.  

ASEAN to talk East Sea with China

VietNamNet Bridge – ASEAN will hold negotiations with China on East Sea issues, ASEAN Secretary General Le Luong Minh has affirmed.

Mekong Delta poorly funded to tackle climate change

The Mekong Delta has had to continually face increasing salt penetration and recurring landslides in recent years, but has inadequate funds to even build and upgrade the present dykes or dredge canals.

Beautiful Sa Pa through the lens of a Thai photographer

VietNamNet Bridge - Thai photographer Anan Charoenkal recorded beautiful moments during his visit to Sapa, Vietnam.

Various measures to fight bird flu

VietNamNet Bridge – Provinces and cities nationwide are closely supervising the developments regarding avian influenza H5N1 and H7N9 and implementing various measures to prevent and minimise the epidemic’s effects.

Musical wind serenades Thai Binh

 VietNamNet Bridge – Thai Binh Province has been known for centuries as the homeland of abundant rice fields and the sedge mat weaving craft.

Bibica admits mistake when joining hands with Lotte

Truong Phu Chien, General Director of Bibica, a sweets manufacturer, has officially admitted that Bibica made a right move when signing the cooperation contract with Lotte which has exposed its attempt to swallow Bibica.

Vietnam’s only representative at 2013 Asian Grand Prix

VietNamNet Bridge – Do Thi Thao will be Vietnam’s sole representative at the upcoming Asian Grand Prix, kicking off in the Thai capital Bangkok on May 4.

Vietnamese people succeed at NASA

VietNamNet Bridge - Over the years, many Vietnamese experts have made important contributions to the U.S. Space Center (NASA), such as Trinh Huu Phuoc and Dr. Bui Tri Trong.

The Guinness ceramic road becomes a public toilet

Although the Hanoi government has taken some actions to protect the ceramic road, recently the work that is recognized as a world record has kept downgrading, making many people pity.

Bizarre poles on Hanoi streets

Electric poles which are covered by buns of electrical wires, telecommunication cables and signs have existed on Hanoi’s streets for years, though they look extremely bizarre and are potential danger to passers-by.

Illustrious trees suffer from lack of care

 VietNamNet Bridge – Hundreds of ancient trees have been recognised as Heritage Trees. But this label affords them little protection against insecticides - or local people, who are often ignorant of their rich history.

Men struggle with societal pressures too

 VietNamNet Bridge – Some Vietnamese men say they are "jealous" that Vietnamese women have two days to be honoured, Mar 8 and October 20, while there are no holidays devoted to men.

Vietnamese businesses find it hard to break into “Myanmar gold mine”

The expensive offices for rent, the poor infrastructure and the cutthroat competition in Myanmar have all put big difficulties for the Vietnamese enterprises to squeeze into the Myanmar market.

Latin America threatened with cancer epidemic

Latin America faces a cancer epidemic unless governments act quickly to improve health care systems and treat the poor, scientists said.