Events in Hanoi & HCMC on February 12-18

Authorities in the southern province of Dong Nai on February 11 used their own budget to pay the salary and Lunar New Year bonus for two thousand workers of a company whose managers have fled the country.

VietNamNet Bridge - The continued downward trend of the stock index has caused losses of trillions of dong to Vietnamese billionaires.

 Shares are expected to move modestly in the coming two trading sessions as investors settle trading before the Tet (Lunar New Year) holiday, while concerns remain following recent turbulence in global markets.

 The gold prices of two Vietnamese gold bars on Monday saw significant increases of from VND70,000 (US$3.07) to VND110,000 per tael, in line with the global trend.

 Authorities of Lang Son have withdrawn the investment license of a project to build a cable car to Mau Son Mountain due to some problems related to its investors.

The Government has said it is determined to assist food and beverage importers and producers by reducing inspection times, costs and criteria, opting for businesses to make self declarations instead of being constantly watchdogged by officials.

The crackdown on counterfeit and smuggled wines and cigars has tightened as the Tet holiday approaches. However, it seems that the fight has not been effective, with many consumers still wary ...

 Though Viet Nam remains a big importer of textile feedstock and accessories from China, its rising exports to China is a promising sign, according to the Viet Nam National Textile and Garment Group.

 Tropical storm Sanba formed late Sunday is expected to reach the Philippines on Tuesday and enter East Sea during Tet (Vietnamese Lunar New Year) holiday.

To better prepare for Tet, the biggest holiday of the year, the State Bank of Viet Nam (SBV) and authorities where industrial zones locate have taken several solutions to deal with ATM overload.

Craftsmen from the An Hoi Coppersmith Village in HCM City’s Go Vap District are busy with orders for the Tet (Lunar New Year) holiday, with customers crowding shops buying their famous brass incense burners.

Last year saw a lot of merger and acquisition (M&A) activities in the Vietnamese property sector, with transactions totalling US$1.5 billion and the participation of many major foreign players.

 Delivery services, especially express delivery, are working hard in HCM City to meet the surge in demand for delivering goods in the run-up to Tet (Lunar New Year).

 One motorbike driver was killed and 10 people were injured in a traffic accident on Saturday night in a stretch of National Highway No 20 running through the southern province of Dong Nai’s Gia Tan 1 Commune.

 VietNamNet Bridge – Former V.League champions Hoang Anh Gia Lai has signed contracts with two foreigners, in preparation for the coming season.

 The National Traffic Safety Committee has announced 20 hotlines to receive complaints about traffic problems during the 2018 New Year holiday and the following spring festivals.

 Phung Hung street these days has put on a new coat, more eye-catching and vibrant with distinctive mural paintings by Vietnamese and Korean artists.

Shares are expected to move modestly in the coming two trading sessions as investors settle trading before the Tet (Lunar New Year) holiday, while concerns remain following recent turbulence in global markets.

 Vietnam's marksman Hoang Xuan Vinh was named second in the world in February in the men’s 10m air pistol category.