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TPP difficult, but benefits are many: diplomat

Ambassador of Vietnam to the US, H.E. Pham Quang Vinh, shares his thoughts on the future of the TPP.

HCM City headmaster moved to tears discussing private tutoring ban

VietNamNet Bridge - Will the tears of a primary school headmaster in HCM City cause city leaders to rethink their decision to prohibit teachers from holding private tutoring classes?

Catching eels in the field

VietNamNet Bridge – Catching eels is an extra job of many farmers in Khanh Thanh commune of Yen Thanh district, in the central province of Nghe An. Let’s see how they catch slippery eels in the field.

ExxonMobile pushes on with gas-to-power complex

ExxonMobil Corporation from the US is eager to co-operate with Vietnamese state-run oil and gas group PetroVietnam to develop the gas-to-power complex located in the central provinces of Quang Nam and Quang Ngai.

Mining industry faces serious challenges

VietNamNet Bridge - Once the driving force for economic growth in 2015, the mining industry has been facing great challenges this year.

Vietnamese desert Cambodia

More than 5,000 people of Vietnamese origin living on Cambodia's Tonle Sap Lake have arrived in Vietnam paperless. Only 20 have been provided with Vietnamese citizenship.

BUSINESS IN BRIEF 30/8

State exempts export tax for environment-friendly products; Agro-forestry-fishery exports up, rice down; Debt must be collected promptly: GDT

What should be done with unsold fish from the central region?

VietNamNet Bridge - About 2,000 tons of seafood products remain unsold in Quang Binh province because of recent incidents that sullied the environment. 

Public debt is near ceiling limit

VietNamNet Bridge - If public debt increases by VND385.375 trillion as estimated, Vietnam’s total public debt would climb to VND2,993 trillion, or 64 percent of GDP.

Village protects ancient trees by convention

VietNamNet Bridge - Forested areas are protected in a small village in Phong Dien district in Thua Thien-Hue thanks to a special agreement of village elders.

Ministry faces difficulties on drafting transfer pricing decree

The Ministry of Finance said that it would be difficult to finish drafting a decree on preventing transfer pricing within only a few months.

Quang Ninh’s dumping sites to close by year-end

Thousands of households living near polluted dumping sites in this northern province will soon heave a sigh of relief as they will be closed by the end of this year.

HCMC’s environment under pressure: experts

The population explosion and rapid urbanisation have exerted pressure on HCM City’s environment, experts have said at a seminar held last week on the environmental problems facing the city in the last five years.

Vietnamese firm to manufacture nuclear power equipment for South Korea

VietNamNet Bridge - Doosan Vina Heavy Industry has signed a contract on manufacturing nuclear power equipment for a South Korean nuclear power plant, the first ever contract of this kind.

Local authorities put on market Vung Tau Paradise Resort

The Ba Ria-Vung Tau People’s Committee has released the criteria to choose new investors for Vung Tau Paradaise Resort developed by Vung Tau Paradise Company.

Many MA, bachelor degree graduates remain unemployed

VietNamNet Bridge - Nearly 200,000 workers with bachelor’s and master’s degree were unemployed as of the end of the second quarter of the year, as shown in MOLISA’s latest bulletin.

Where is the money?

VietNamNet Bridge - Banks’ liquidity is strong, government bonds have been selling well, and bank interest rates and the dong/dollar exchange rate remain stable. However, the growth rate of the economy has been slowing. 

State gives approval for big players to dominate automobile market

VietNamNet Bridge - If new suggestions by state management agencies receive approval, the automobile market is expected to benefit bigger dealers. 

Vietnam urged to invest in energy-saving tech

 Experts have called for Vietnam, businesses and building operators to invest in energy-saving technology as power demand is growing strongly.

Renewing policies to attract more FDI

By the end of last month, Vietnam had attracted nearly US$13 billion from foreign direct investment (FDI), a year-on-year increase of 47%.