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GOVERNMENT IN BRIEF 14/1

  Top legislator of Republic of Korea starts visit; Prime Minister visits air defence missile battalion; Italian Defence Minister visits HCM City; High-ranking Lao delegation visits Bac Ninh

Vietnamese fear foreign group monopolizes regional galvanized iron sheet market

Vietnamese Hoa Sen Group has sent a letter to competent agencies, expressing its anxiety that Bluescope Steel group in South East Asia intends to acquire and monopolize the market, according to Dau tu.

Hong Kong film festival in town

 VietNamNet Bridge – A first-ever Hong Kong Film Festival is expected to take place in the city on March 22 if organizers get nod from the Ministry of Culture, Sports and Tourism.

Gov’t announces solutions for socio-economic development in 2013

VietNamNet Bridge – The Government has just issued its first resolution in 2013 defining major solutions to realize the socio-economic development and budget estimate plan for 2013.  

New rules to govern landlords

 VietNamNet Bridge – A Ha Noi's People's Committee decision that goes into effect next week aims to minimise conflicts between apartment owners and investors, especially in high-rise buildings.

The country-shaking elephant tusk, rhino horn trafficking

VietNamNet Bridge – Elephant tusks are now trading at VND30-40 million per kilo, while rhino horns at VND1 billion. The colossal profits have prompted people into conduct trafficking cases worth hundreds of billions of dong.

MOF plans to reserve investment incentives for expanded projects

The expanded investment projects will also be able to enjoy the investment incentives like the ones given before to the initial projects, if the proposal of the Ministry of Finance (MOF) is ratified by the National Assembly.

Ministry seeks answers to vaccine child deaths

 VietNamNet Bridge – After several babies died or suffered serious reaction from Quinvaxem injections in the last two months, the Ministry of Health called for a special meeting on January 9 to discuss reasons behind these deaths.

Elephant Mountain holds the secret to fated romance

 VietNamNet Bridge – The resort city of Da Lat is known as a paradise of flowers, fog and love, set at an altitude of 1,500m in the Central Highlands of Viet Nam.

University students hurry to look for jobs to earn money for Tet celebration

It is now the busiest time for university students in a year. They have been over head and ears in work to earn money for the Tet celebration. Besides, they also have to prepare for the semester exams.

First Vietnam-made chip put into commercialization

Chip SG8V1 designed by ICDREC Center, an arm of the HCM City National University, has become the first product to be commercialized.

Prostitution in Ho Chi Minh City develops complicated again

VietNamNet Bridge - "After the provision on not sending prostitutes to rehabilitation centers, prostitution in HCM City has become complex again," said Mr. Le Van Quy, Deputy Chief of the HCM City Bureau for Social Evils Prevention.

BUSINESS IN BRIEF 14/1

A tough year for rice exports; Coal sector urged to settle inventories; Vietnam to get US$1.36 bln in ADB loans in 2013; Tet market prices under strict scrutiny; Preferential policies attract new businesses to HCM City

Hydroelectric plants enjoy profit deluge

VietNamNet Bridge – Several hydroelectric plants operated by the Electricity of Viet Nam (EVN) reported profits last year thanks to increases in output and average power prices.  

Youngster Nam bows out of Copa Gatorade

Ly Hoang Nam was knocked out of the Copa Gatorade in Venezuela yesterday after going down 2-6, 6-7 to No 4 seed Luca Corinteli of the US.

Vietnam to have US$27 billion oil refinery

Petroleum Authority of Thailand (PTT) has decided to invest nearly US$27 billion in a petrochemical complex project in the south-central province of Binh Dinh.

Hotels earn trillions of dong from gambling services

VietNamNet Bridge – There are some 50 establishments that provide electronic games for prizes to foreigners in Vietnam. The revenue from the services has been increasing steadily. The figure was VND5 trillion in 2011.

MONRE announces top ten events in 2012

The approval of the Law on Water Resources and National Strategy for environmental protection through 2020, the introduction of climate change and sea level rise scenarios for Viet Nam are among top ten events

Artists perform contemporary dance in Ha Noi

 VietNamNet Bridge – Audiences in Ha Noi will get a unique perspective of a typical working day for Vietnamese farmers thanks to a contemporary dance show due to make its debut on January 22.

Failure to plug into new power sources

 VietNamNet Bridge – Although the landmark 2,400 megawatt Son La hydropower plant was plugged into the national power grid not long ago, the potential for electricity shortages still loom across Vietnam.