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VND2 trillion loss predicted if mining at Thach Khe stops

MPI has suggested stopping mining operations at Thach Khe, the biggest iron ore operation in SE Asia, but the Ministry of Industry and Trade (MOIT), Vinacomin and Thach Khe Iron JSC (TIC) have disagreed about the plan.

Ca Mau wants to build $3.5 billion seaport

 The southernmost province of Ca Mau is seeking investment to develop a US$3.5 billion seaport complex, which can receive vessels of up to 250,000 tonnes capacity, on Hon Khoai Island.

‘Sorting waste at source’ plan fails to take off

VietNamNet Bridge - More than 10 years ago, the plan on sorting waste at the source kicked off in urban areas in a campaign to mitigate pollution. 

4G services: users complain about speed, accessibility

VietNamNet Bridge - Though network operators repeatedly affirm the outstanding quality of 4G services, surveys have found that access is poor to average. 

Poorly qualified teachers: the double trap for Vietnamese education

Students only need a 3 score on one entrance exam subject to be admitted to pedagogy training schools, while university lecturers at the schools rarely conduct research. Such is the state of teacher training in the country. 

Linking national and regional customs windows

Pham Duyen Phuong, deputy director of the Information Technology and Statistics Department under the General Department of Customs, speaks about the national one-door customs mechanism.

Central coast in spotlight

Investors are seeking alternative opportunities in central coastal cities like Danang and Nha Trang, given the high property prices in Hanoi and Ho Chi Minh City. 

ExxonMobil to kick off multi-billion dollar gas-to-power complex in October

ExxonMobil is completing the geological survey and build the design of the pipeline installation, aiming to conduct the construction of the onshore infrastructure of the Blue Whale gas-to-power complex in central Vietnam. 

Foreign investors register $1.2 billion for piece in VPBank

The capital volume registered by foreign investors to acquire Vietnam Prosperity Joint Stock Commercial Bank (VPBank)’s shares reached a record $1.2 billion, marking the largest transaction on the stock exchange to date. 

Foreign brewers eye Vietnamese beer market

VietNamNet Bridge - With the consumption level of 3.8 billion liters of beer a year, the third highest in the world and the highest in SE Asia, Vietnam is a highly attractive market for brewers. 

SOEs facing divestment to be made public soon

Deputy Prime Minister Vuong Dinh Hue on Wednesday urged the Ministry of Planning and Investment (MPI) to quickly finalise the list of State-owned enterprises (SOEs) that needed to be divested.

Finance Ministry proposes ‘reasonable’ tax hikes

MOF introduced a draft of amendments to laws on Value Added Tax, Special Consumption Tax, Corporate Income Tax, Personal Income Tax and Natural Resources Protection Tax at a press conference on Tuesday.

Technology turns cashew-nut shells into “gold”

VietNamNet Bridge - Carnadol is much more valuable than raw cashew oil which can bring profits of at least VND2 million per ton.

New programme to tighten control of catfish exported to US

MARD has issued a safety control programme designed for Siluriformes fish (mainly tra and basa) and related products exported to the US market as part of efforts to adapt to new changes in the market.

Banks’ messy cross-ownership resembles ‘bamboo shavings’

VietNamNet Bridge - The State Bank of Vietnam is determined to get rid of cross-ownership status at banks, but  the achievements remain modest.

Moody's: Diversified economy offers Vietnam greater resilience than Cambodia

While both Cambodia and Vietnam share strong growth prospects and risks related to their financial systems, Vietnam’s more diverse economy, stronger institutions, and higher incomes underpin greater shock absorption capacity.

Rugby helps promote gender equality in Vietnam

These girls are mostly from Muong ethnic minority groups in Hoa Binh. Looking at their skills, it’s hard to believe that they have played rugby for only two years thanks to a programme called ChildFund Pass it Back.

Thach Khe project: too many risks to environment

VietNamNet Bridge - Experts believe that Ha Tinh province can develop its economy without having to rely on  Thach Khe iron ore mining. 

E-logistics: foreign rivals crowd busy market

VietNamNet Bridge - The forwarding market has been witnessing a boom since 2012 with the presence of many businesses, from post-based companies to young startups.

Better solar energy policies needed from government: expert

Dr Dang Luong Mo, a leading scientist in microchips, speaking at a recent conference with Viet Kieu professionals that discussed HCMC development, questioned how solar panels would be disposed of after their “shelf life” of 20-25 years.