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BUSINESS IN BRIEF 17/3

Cashew exports likely to fall; Mekong Expo 2013 to open in Can Tho; ADB, EIB fund HCMC’s metro line; Vietnam, Austria strengthen business links; Ukraine inspects Vietnamese seafood processors

Economic governance declines, reforms urged

VietNamNet Bridge – Analysis provided by the 2012 provincial competitive index (PCI) has revealed a sharp decline in economic governance across the country, leading to calls for local authorities to hasten reform. 

Extraordinary embroidery

 After arriving in the commune, visitors will see many handmade embroidery shops and be amazed at the intricate products on display within.

Wage reforms make sense

The draft law on minimum wage is being penned by the Ministry of Labour, Invalids and Social Affairs and slated for completion to submit to the government and the National Assembly for approval in May.

Boston Youth Choir to come to Vietnam

VietNamNet Bridge – The well-known Boston Children's Choir will perform in Hanoi and Ho Chi Minh City at the end of June.

Venture funds have superfluous capital, but lack projects

Venture funds have still been seeking opportunities to enrich their investment portfolios.

Street magicians do tricks for fun

VietNamNet Bridge – On sunny Sunday afternoons near Hoan Kiem Lake, West Lake and Thong Nhat Park in Ha Noi, you may come across groups of young people lost in flying coins, strings or magic cards,

Free messaging apps boom in Vietnam

The figures announced by Viber, Line, Kakao Talk or Zalo about their numbers of users are unreliable. Experts say these are just the numbers of downloads, not the active users.

Rice export right market gets bustling

Big enterprises can still earn money without doing anything, by selling the rights to export rice to the unlicensed enterprises. The rice export right market gets more bustling.

The smelly streets in Hanoi

The pavement markets, where Hanoians like going to on the way from work to home instead of traditional markets or supermarkets, have created the special streets with specific smells.

Women paid 13% less than men

 VietNamNet Bridge – The income gap between men and women in Vietnam is on the rise, although the rate of women working is still high compared to global levels.

Market of reference books for pre-school children in chaos

Just within two days, the Ministry of Education and Training released two dispatches ordering to recall two reference books for pre-school children.

Hanoi’s old streets with iron roofs and cages

Mossy tiled roofs are gradually being replaced with metal roofs, while more metal cages have appeared on the balconies or the roofs of the old houses, making Hanoi’s ancient streets more oppressive, unkempt.

Travel firms don’t cooperate to overcome difficulties, but try to sink others

Travel firms complain that their business have never been so bad. Not only facing the sharp fall in the number of travelers, they have also struggle to escape the tricks played by rivals.

SOEs’ bad debt a threat to public debt payment

The government would have to come forward to make payment for the debts incurred by state owned enterprises (SOEs), which would be a threat to the national economy.

Looking for development of the Phu Quoc dog breed

VietNamNet Bridge – At the International Dog Show held in late December in HCMC, Nguyen Minh Khang’s dog named Mickey won two prizes: the first prize for “Phu Quoc Female Dogs” and the second prize for “Phu Quoc Dogs”.

Bringing baseball to Da Nang

VietNamNet Bridge – Da Nang is undergoing something of a sporting revolution. Baseball, previously all but ignored in this part of Viet Nam, is catching up with its rivals in popularity all thanks to an ambitious 19-year-old student

Green tea, coffee may help lower stroke risk: study

Green tea and coffee may help lower the risk of stroke, especially when both are taken as a regular part of the diet, according to a research published on Thursday in Stroke: Journal of the American Heart Association.

National Assembly Standing Committee’s rights proposed for curtailment

Many experts have suggested narrowing the powers of the National Assembly Standing Committee in order to avoid the situation in which the National Assembly is “neutralized.”

Adrian Tan conducts city night

 VietNamNet Bridge – Adrian Tan will conduct the Saigon Philharmonic Orchestra at 8 p.m. on March 22 at the Concert Hall of HCMC Conservatory of Music.