Seminars will be hosted by NUCE in Hanoi on December 12 and by UAH in Ho Chi Minh City on December 14. Exhibitions open to the public from December 12 to 17 at NUCE and December 14 to 19 at UAH will showcase some of the best sustainable architecture designs and city development projects from Denmark. The contest attracted students not only studying tourism, but also from many other majors, such as IT, social sciences and humanities and banking-finance. Under the plan, local provinces will strengthen regional links, promote environmental sustainability, protect biodiversity, and harmonize economic, social, and environmental goals. According to Tho, land management weaknesses have resulted in failures of several urban development projects in the city.
December 11, 2017 12:33 UTC
iPhone X sells out in HCM CityA few days after hitting the market, the new genuine iPhone X is now out of stock, according to traders. The FPT Shop said that on the first day it sold 3,000 iPhone X to customers, while Viettel sold about 3,000. Many shops in HCM City have no more iPhone X models to sell. He said that compared to iPhone 7 and 7 Plus, the number of purchases of iPhone X had not been higher because the price was higher. The retailers selling iPhone X include Mobile World, Viettel, Mobile Phone, FPT Shop and Viễn Thông A.
December 11, 2017 12:22 UTC
Gov’t issues regular meeting resolution for NovemberThe Government tasks ministries, agencies, and localities to spare no effort to fulfil the set targets; accelerate the administrative reform; boost production and business activities; and strive for socio-economic development norms and budget estimate for 2017. The tasks are stipulated at the Government’s Resolution 131/NQ-CP with the following key tasks. Supervising monetary marketSpecifically, the State Bank of Viet Nam will continue to keep a close watch on the domestic and foreign monetary market, especially at the year end. Ministries, agencies, localities, and State groups and corporations were asked to take drastic steps to speed up the equitization process; accelerate withdrawal of State capital. The Ministry of Agriculture and Rural Development was asked to cooperate with relevant ministries, agencies, and localities to surmount natural disaster consequences; prevent hunger; restore production; take positive steps to prevent forest fires especially during dry seasons; and prevent illegal fishing in foreign waters./.
December 11, 2017 11:48 UTC
Vietnam’s ‘Bai choi’ and ‘Xoan’ folk music deserve World Heritage statusUNESCO have added Vietnam’s two folk music styles of ‘Bai choi’ and ‘Xoan’ to its representative list of Intangible Cultural Heritage of Humanity during the 12th session of the UNESCO Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage in the Republic of Korea on December 7-8. Starting from a type of work song performed for entertainment among farmers on the fields during their time keeping watch for wild animals who damage their crops, Bai choi has developed into two main forms Bai choi games, which is a card game played in bamboo huts under the instruction of male and female Hieu artists, and Bai choi performances. There are also amateur Bai choi art troupes in other localities throughout the region, which attract enthusiastic participation of local residents and are greatly appreciated by audiences. But today, Xoan singing is practiced in four original guilds and local Xoan singing clubs have been set up in hamlets in Phu Tho province, which have more than 1,900 members in total, increasing by dozens as compared to six years ago. The local authorities have paid attention to honouring outstanding Xoan practitioners, restoring the temples where Xoan singing is usually performed.
December 11, 2017 11:03 UTC
Gov’t regulation offers golden opportunity for local auto productionVietNamNet Bridge - Under a new decree, used auto imports will have no way to enter Vietnam because of high tariffs and strict requirements on maintenance services, creating a golden opportunity for domestic automobile manufacturers. MOF aims to encourage the development of automobile industryMOF aims to encourage the development of the automobile industry and support industries, help the domestic automobile market grow in a stable way and maintain the domestic automobile manufacturers’ competitiveness in prices. This means that the cost price of the car is $10,000.However, with the new tax rate, the cost price would be $15,000. And counting other expenses, the selling price of the used car would be $23,000, or VND600 million. RELATED NEWSNew policy encourages CBU car imports, rather than assemblingIndustry Ministry admits failure in developing auto industry.
December 11, 2017 09:56 UTC
Miss VN crowned Miss Eco Tourism Ambassador 2017Vietnamese beauty representative Nguyen Thi Lien Phuong won the first runner-up title at the World Miss Tourism Ambassador beauty contest which concluded on Saturday night in the Philippines. Miss Vietnam, Nguyen Thi Lien Phuong, won the first runner-up title at the World Miss Tourism Ambassador beauty contest which concluded on Saturday night in the Philippines. Phương’s title is equivalent to the Miss Eco Tourism 2017 title. The first prize of World Miss Tourism Ambassador went to Miss Russia Alena Raeva, while tourism ambassadors from Chile, Germany and South Africa were the others who finished in the top five. A recently-established pageant based in the United States, World Miss Tourism Ambassador 2017 is not only a beauty arena, but also a channel for promoting tourism, culture and tourism services of any country that sends a delegate to this contest.
December 11, 2017 09:56 UTC
Bulgarian wines to be presented in HanoiA festival will be organised in Hanoi with the aim of introducing Bulgarian wine to Asia. The special beverage holds a significant place in Bulgarian culture, habits and traditions. It is proud of specially selected wines created with love, care and attention to every grain of grapes. — Photo courtesy of the Bulgarian EmbassyThe Taste of Bulgarian Wine Association and the Bulgarian Embassy in Hà Nội have worked together to organise the event for the first time in Việt Nam. “Due to globalisation, a lot of foreign investors, wine lovers and sommeliers are interested in Bulgarian wineries with local varieties of grapes, ancient technology and traditional recipes.”“We know that Bulgarian wine is unique.
December 11, 2017 09:45 UTC
WB: Growth projected to stabilize in medium termThe pace of Vietnam’s growth is expected to increase to 6.7 per cent this year, according to Taking Stock, the World Bank’s bi-annual economic report on Vietnam, released on December 11. Over the medium term, growth is projected to stabilize at around 6.5 per cent and inflation will remain low, the report stated. Labor demand also contributed to rapid wage growth, with wages increasing 15 per cent cumulatively between 2014 and 2016. Enhancing macroeconomic resilience and structural reforms can lift Vietnam’s growth potential over the medium term. The special section looks at fundamental expenditure reforms in key public services to identify opportunities for constraining expenditure growth through improvements in expenditure productivity.
December 11, 2017 09:11 UTC
Vietnam’s car sale unlikely to meet yearly targetCar sales during January-November of this year fell 10 percent year on year to 244,670 units, despite a pickup in November. Many consumers are still waiting for steeper price cuts from January 2018 as tariffs on completely-built-up cars imported from ASEAN nations will fall to zero. Industry experts said the domestic auto industry is unlikely to achieve the 10 percent growth forecast by the Vietnam Automobile Manufacturers’ Association. The likely failure comes despite car businesses running year-end sales, cutting prices of cars from few dozens to hundreds of millions of VND. Automobile sales in 2016 hit a record high in 20 years with total 304,427 units sold.-VNA
December 11, 2017 07:41 UTC
'In the dream' promotes VN, S Korea relationsVietNamNet Bridge – In the dream, an art exhibition by established artist Nguyen Van Cuong, is one of a series of cultural activities being held by the South Korean Cultural Centre. It is being held towards enhancing the relationship between the Vietnamese and South Korean people, said Kim Heijin, South Korean embassy’s cultural counsellor, at the opening ceremony. The exhibition is being held on the occasion of the 25th anniversary of the relationship between Vietnam and South Korea. The paintings in In the dream” comprise different drawing mediums, such as oil paintings, lacquer paintings, pastels, carved wood and poonah paper. "Until this year, preparing for the exhibition at the South Korean Cultural Centre, I remembered it and finished the painting with a small detail."
December 11, 2017 07:30 UTC
Areas severely eroded by illegal sand mining have been discovered near the foot of the dyke, threatening 200ha of faming land in Coc Luong Village. Most of the illegal sand mining boats were here for “yellow” sand and gravel, a natural resource that currently fetches a high price. Nguyen Van Thu, Tan Hung Commune Party’s Committee secretary, said owners of illegal sand mining boats were people from Coc Luong Village. As a consequence of illegal sand mining, hundreds of meters of mudflats suffered erosion every day and night. The company was licensed to engage in agricultural production and trade, not sand mining.
December 11, 2017 07:18 UTC
Sabeco holds 40 percent of market share in terms of consumptionIn 2016, Sabeco had VND6 trillion in pre-tax profit, half of the profit made by Heineken, while Sabeco’s market share doubled. Meanwhile, Sabeco is the leading company with 40 percent of the market share in terms of consumption. Though holding the overwhelming market share which is nearly double that of Heineken’s, the No 2 in the Vietnamese market, Sabeco’s profit is lower than Heineken’s. The two key brewers of Heineken are Heineken Vietnam Brewery and Heineken Hanoi. Heineken Vietnam, besides the major brewer located in district 12, HCMC, also owns four subsidiaries in Da Nang, Quang Nam, Tien Giang and Ba Ria-Vung Tau.
December 11, 2017 06:22 UTC
Bitcoin futures trading begins on CBOE exchange in ChicagoBitcoin has begun trading on a major exchange for the first time. It launched on the CBOE Futures Exchange in Chicago at 23:00 GMT Sunday, allowing investors to bet on whether Bitcoin prices will rise or fall. Nick Colas, of Data Trek research, said the futures listings gave Bitcoin "legitimacy - it recognises that it's an asset you can trade". The CBOE and CME launches were made possible following approval by the US Commodities and Futures Trading Commission (CFTC). CBOE said trading will be suspended for two minutes if Bitcoin prices rise or fall by 10% in a bid to reduce wild fluctuations.
December 11, 2017 06:22 UTC
Foreign tourists spending in Vietnam remains lowAverage spending of Chinese tourists in Vietnam is estimated at 638 USD per person and that of tourists from other countries at about 943 USD per person, said the Vietnam Tourism Advisory Board Secretariat. Foreign tourists visit Ngo Mon (Moon Gate) in Thua Thien - Hue provinceAlthough tourist arrivals to Vietnam have been rising, the expenditure of international visitors remained low, especially spending on Vietnamese goods. According to statistics of the Vietnam National Tourism Administrative, Vietnam received 11.6 million international tourists in the first 11 months of 2017, a rise of 27.8 percent year-on-year. The figure is expected to hit 12.8 million at the end of the year, with visitors from Asia surging 45.6 percent.-VNA
December 11, 2017 04:41 UTC
Anti-corruption moves receive society’s complimentsThe arrest of Dinh La Thang, former Chairman of the Member Council of PetroVietnam (PVN) drew public attention, with widespread support for the anti-corruption efforts of the Party and its General Secretary Nguyen Phu Trong. Thang was also Secretary of the Ho Chi Minh City Party Committee from 2016 to 2017. Sharing Kinh’s opinion, Phan Minh Hue, a Ho Chi Minh City resident, expressed delight at the outcomes of anti-corruption work recently, but stressed that the efforts must be continued and stepped up. Meanwhile, Duong Anh Duc, a Party member in District 11 of Ho Chi Minh City, stated that fairness is key in the Party. Anti-corruption acts have been more practical and effective, he said, stressing that only by purifying the management system, can the country develop.
December 11, 2017 04:30 UTC