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Banks pay shares instead of dividends, raising controversy

VietNamNet Bridge - Many banks have said they will pay dividends in shares instead of cash, causing concern among investors. 

Government demands immediate database connection

 The Government has told the Ministries of Science and Technology, and Planning and Investment to quickly connect their database to avoid confusion in State management.

U.S. no longer Vietnam’s largest seafood buyer

 For the first time in years, the U.S. is no longer the largest seafood export market of Vietnam as it is overtaken by Japan, says a report by the Ministry of Agriculture and Rural Development.

31 percent of firms pay as bribery for customs procedure: survey

 The ratio of businesses having to pay “under table” fees when doing customs procedure was 31 percent, according to a survey on administrative reform last year by the Vietnam Chamber of Commerce and Industry.

An Giang has 51 riverside landslide spots

 The Mekong Delta province of An Giang has so far had 51 riverside sections where have been landslide or prone to landslide with the total length of 162 kilometers affecting 20,000 households.

Deputy Prime Minister makes official visit to UK

 Deputy Prime Minister Trinh Dinh Dung has paid an official visit to the UK from April 24-26, during which he discussed a wide range of issues on bilateral cooperation with UK officials and business leaders.

RMIT & VNU-Hanoi sign cooperative MoU

 RMIT University Vietnam has signed a memorandum of understanding (MoU) with Vietnam National University Hanoi (VNU-Hanoi), with the two to cooperate in establishing closer links in a number of areas.

HCM City to introduce street signs in English

The HCM City Department of Transport has recently announced that the city will pilot the addition of English-language signage from early May, in order to support foreign visitors to travel in and discover the city.

Foreign franchising presents myriad opportunities

 Vietnam’s franchising market continues to flaunt its potential, as a new wave of the world’s biggest brands are increasingly looking for franchising partners.

Viettel to expand to Indonesia and Nigeria

The military-run mobile carrier Viettel is planning to expand its investments to Indonesia and Nigeria, group leaders told the annual general meeting of Viettel Global, a subsidiary of the Viettel Group.

Da Nang among fastest emerging startup scenes in region

 Da Nang is one of five cities in Southeast Asia with the fastest emerging startup scenes, according to the latest report from JLL, joining Malaysia’s Penang, Thailand’s Chiang Mai, and Indonesia’s Bandung and Bali.

Cambodia ops, grocery arm fail to meet MWG’s expectations

 Mobile World Investment Corporation (MWG) expected that by 2019, the Bach hoa XANH chain will become its main source of revenue. However, the grocery store chain, along with BigPhone in Cambodia, is dealing with several obstacles. 

Taiwan paper plant red-flagged

 The $220 million Dai Duong paper plant project, invested by the Taiwanese company Chang Yang Holding Ltd. in the southern province of Tien Giang, may be scrapped due to environmental concerns.

Mismanagement or expensive lesson?

 Tran Quang Nghi and Le Tien Truong served in key positions on the team representing Vinatex’s capital interests PetroVietnam Petrochemical and Textile Fiber JSC (PVTEX) between March and August, 2008. 

Vietnam's trade deficit increases day by day

 Vietnam’s trade deficit is becoming a burning problem as the country’s new free trade agreements are coming into effect.

Government to lift ban on casinos for locals

 The Ministry of Finance has issued a draft on conditions to lift the ban on Vietnamese playing at casinos.  

Ministry questions about professor wearing shorts to give lecture

 The Vietnamese Ministry of Education and Training has requested Hoa Sen University to explain why a professor wore shorts during giving lectures.

More opportunities for students to work, study in Japan

 The Vietnam National University of Agriculture (VNUA) will offer more than 500 opportunities for Vietnamese students to study and work in Japan this year.

PJICO to sell shares to Korean non-insurance firm

 Petrolimex Insurance Joint Stock Company (PJICO), with code PGI, will sell 20 per cent of its charter capital to Samsung Fire&Marine Insurance.

Vietnam firms open the first five-star hotel in Laos

 Vietnamese developer BIM Group and InterContinental Hotels Group (IHG), one of the world’s leading hotel operators, on Thursday opened their five-star property Crowne Plaza Vientiene in Laos’ capital city.