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Saudi Arabia to temporarily suspend Vietnamese fish imports

 Saudi Food and Drug Authority (SFDA) has decided to temporarily suspend the import of fish and shrimps from Viet Nam.

Foreign-sourced capital to dwindle as from 2018

Total foreign-sourced capital for projects will gradually decline as from 2018, when Vietnam will completely graduate from ODA, leading to more prudent consideration of projects using less preferential loans.

Saigontourist to go public this year

 Saigontourist Holding Company – the country’s leading tourism services provider – and its subsidiary Saigontourist Travel Service Company are expected to go public later this year, said the group’s top executive.

Labor Ministry: Highest Tet bonus is VND855 million

 The highest bonus for workers for the upcoming Lunar New Year holiday (Tet) is VND855 million (around US$37,650) and the lowest is VND20,000, according to the Ministry of Labor, Invalids and Social Affairs.

Government determined to trim agencies by 10%

 The Government has issued a resolution on State apparatus reform with an aim to cut down the number of agencies and civil servants in 2021 by 10% compared to 2015, news website Vneconomy reports.

PM approves target program on IT for 2016-2020

The Prime Minister has recently approved the Target Program on Information Technology (IT) for the period of 2016-2020.

Events in Hanoi & HCMC from Feb. 5 to 11

 Events in Hanoi & HCMC from Feb. 5 to 11

Traders flood So Thuong fish market as Kitchen God Day nears

Hanoi’s largest fish market So Thuong was bustling with custom on February 5 as people are busy preparing for Ong Cong – Ong Tao (the Land Genie and the Kitchen Gods Day), which falls on 23rd of the last month of the Lunar New Year.

South Korean contractors sign $2.7-billion deal for Long Son complex

 Two South Korean investors, namely SK E&C and POSCO E&C, will develop two projects to serve Long Son Petrochemical Complex located in Long Son Island in the southern province of Ba Ria-Vung Tau, according to newswire Koreabusiness.

Vietnam fails to enforce tax payments from Uber B.V?

To date, the Ho Chi Minh City Department of Taxation has yet to enforce tax payments from Uber B.V because the company has yet to open a bank account in Vietnam.   

Old folk games played again on Phung Hung pedestrian street

Folk games common to the childhoods of many generations have made a return to the newly pedestrianised Phung Hung Street in Hanoi.

US tariffs to wash out local imports

 Washing machines and solar panels manufactured in Vietnam and exported to the US will be slapped with new US tariffs, a concern to manufacturers who still plan to keep their investments in the country on track.

Natural cosmetics are vitalised

 The growing appetite of consumers for natural cosmetics has fuelled the billion-dollar domestic cosmetics market, which has recently seen increasing presence by local players.

Tuyen Quang vies for buffalo fighting permit

Several localities have opposed to the Ministry of Culture, Sports and Tourism's decision to only give permission to the Do Son Buffalo Fighting Festival.

Large-scale undersea tunnel to be constructed next year

 The $358-million project of constructing an undersea tunnel through Quang Ninh city’s Cua Luc Bay is expected to be finished by early 2019.

Swans suddenly moved from Hoan Kiem Lake

Twelve swans have been removed from Hoan Kiem Lake after just a day after being brought there.

Fruit trucks stuck at Chinese border

 Hundreds of trucks loaded with fruit for transport to China have been seriously delayed at the northern province of Lang Son’s Tan Thanh border gate.

Hanoi tightens control over pet dogs and cats

 Hanoi authorities have issued a new disease prevention programme that requires local residents to register their pet dogs and cats with officials.

Vietnam mulls solutions to improve productivity level

To ensure sustainable development, economists emphasize the need to reform the growth model and improve productivity.

Hang Ma Street busy as the Kitchen Gods Day nears

 Many people have flocked to Hanoi's Hang Ma Street to buy offerings for the coming Kitchen Gods' Day.