Teaching children financial skills at a very young ageVietNamNet Bridge - Today, parents believe children need to learn about the value of money and how to spend it. After a period of playing with copied banknotes, children get familiar with money,” she said. Nguyen Trong Hung, chair of HOS Preschool in Hanoi, also said his children learned about the value of money at the age of five. But I think this is a necessary life skill in modern times,” he said, adding that life skills a vital part of education. Today, parents believe children need to learn about the value of money and how to spend it.

Wildlife trafficking: The ring that provides tigers soaked in alcoholVietNamNet Bridge - Snake, wild cat and tiger cubs kept in alcohol have been selling well because of increasingly high demand. A trafficking ring in HCMC and Long An province is a well-known provider of these products. Snake, wild cat and tiger cubs kept in alcohol have been selling well because of increasingly high demand. In HCMC, reporters could see many tanks of alcohol with grand cobras, brought to Vietnam from Laos and Cambodia. RELATED NEWSWildlife trafficking world – Demand for animal bone glueThe underworld of wildlife trafficking: The largest vault of wildlife skulls and horns in HanoiMai Thanh

Other billionaires are Pham Nhat Vuong, chair of Vingroup, and Nguyen Thi Phuong Thao, CEO of Vietjet. Just within one month, Vuong’s stock assets, as calculated by Forbes, increased by $1.3 billion to $5.5 billion, ranking him 366th in the world. Just within one month, Vuong’s stock assets, as calculated by Forbes, increased by $1.3 billion to $5.5 billion, ranking him 366th in the world. Thao is the first female Vietnamese billionaire, the second Vietnamese billionaire listed among the world’s top 1,000 billionaires, and the only female billionaire in South East Asia. Becoming richer, Vietnamese billionaires are nurturing bigger dreams.

US steel tariffs to have slight impactShares of steel companies have been volatile in recent days following the information that the US may impose steep tariffs on steel imports, but market insiders say this, if it happens, would have a moderate direct impact on domestic steel producers. Hoa Phat Group (HPG), Viet Nam’s biggest listed steel firm, dropped by the maximum daily limit of 7 per cent on Friday. Nam Kim Steel (NKG) and Pomina Steel (POM) shrank 6.4 per cent and 4.1 per cent in four recent sessions, respectively. According to Viet Dragon Securities Co (VDSC), the US plan for a tariff hike on steel imports would not have a significant impact on listed steel companies. Meanwhile, Hoa Sen Group and Nam Kim Steel, which produce galvanized steel, export about 45-50 per cent of production, mostly to ASEAN countries.

Imports of footwear machinery and equipment in 2017 decreased to 146 million USD, compared to 170 million USD a year during the 2015 – 2016 period. Vinacafe set a 2018 revenue target of over 3.8 trillion VND (169 million USD), with a revenue goal of 96 billion VND (4.27 million USD). However, net profit came to just over 77 billion VND (3.4 million USD), just 73 percent of the yearly goal. Nguyen Quang Vinh, Secretary General of the Vietnam Chamber of Commerce and Industry and Vice Chairman of the Vietnam Business Council for Sustainable Development, said Vietnam’s business community have had clearer awareness of cooperation opportunities and risks that they may encounter. Thousands of innovation business ideas have been introduced and applied, towards expanding enterprises’ business activities through establishing partnership and business, Vinh noted.

A positive step in food safety management? Nguyen Thanh Phong, director general of the Department of Food Safety under the Ministry of Health, talks to the newspaper Kinh te & Do thi about a controversial change in food safety management. — Photo vfa,gov.vnMany people have considered Decree 15/2018/ND_CP a “revolution” in food safety management. Under the Decree on Food Safety, the three ministries have to oversee the issue of food safety of the food items which are subjected to their State assignment. As we all know food safety management requires the involvement of local government – particularly from the local Food Safety Agency.

Piece of history: One of the 82 stone steles at the Temple of Literature, recording examinations organised under feudalism. The stele is part of an exhibition on the history of Vietnam’s imperial examinations through documentary heritage of the world. The 34,555 woodblocks of the Nguyen Dynasty helped to record official literature and history as well as classic and historical books. The 82 stone steles have great value in sculpture and calligraphy. The exhibition will run until April 5 at the Temple of Literature, 58 Quoc Tu Giam Street, Hanoi.

PV Oil begins trading shares on UPCoMTrading of shares of the PetroVietnam Oil Corporation (PV Oil), Vietnam's second largest petrol distributor, officially started on the Unlisted Public Company Market (UpCOM) on the morning of March 7, more than one month after its initial public offering (IPO). PV Oil's petrol warehouse in Ho Chi Minh City's Nha Be districtPV Oil floated 200.4 million shares on the UpCOM at an initial price of 20,200 VND (0.89 USD) a piece. The company will sell more than 462 million shares, or 44.72 percent of its charter capital, to strategic investors. In 2017, PV Oil reported a consolidated revenue of 56 trillion VND (2.46 billion USD) with a pre-tax profit of 405 billion VND (178.02 million USD). This year, the firm expects to earn 41 trillion VND (1.8 billion USD) in revenue and 340 billion VND (149.45 million USD) in pre-tax profit.

Sovereignty, sovereign rights, jurisdiction of Vietnam ensured: officialVietnam has made efforts to address unsolved problems on border, territory, sea and islands over the years, ensuring the country’s sovereignty, sovereign rights and jurisdiction, said Deputy Foreign Minister and Chairman of the National Boundary Commission Le Hoai Trung. The two sides also held the 27th annual meeting of their border delegations to review the implementation of the Vietnam-Laos agreement on national border regulations and the minutes of the 26th meeting. Ministries, sectors and localities of Vietnam have stepped up the management of the countries’ land border to protect attained border demarcation and marker planting outcomes. Therefore, the official said, border and territory-related work will focus on maintaining a peaceful and stable environment, while defending national territorial sovereignty. To that end, Trung emphasised the need to manage the Vietnam-China land border in line with signed legal documents and closely monitor and promptly handle incidents occurring along the border.

Flexible response needed to proposed US aluminum and steel tariffsAlbeit not being listed among the top 10 largest exporters to the US, the Vietnamese steel industry may still suffer once the US applies new safeguard tariffs. Imported steel and aluminum were therefore the core materials to feed major US industries like car and airplane manufacturing or consumer goods production. The third scenario involves the proposed application of at least 24 per cent tariff on steel imports globally. Currently, leading Vietnamese steel exporters to the US are Ton Hoa Sen, Ton Nam Kim, and Ton Dong A JSCs. With the second and third scenarios, the losses of the Vietnamese steel industry might be lower, but it could hamper the sector’s development in the future.

Touring book street in Hanoi, preserving history and cultureWhen spring comes around with flowers seen everywhere, thousands of young people and families come to the book street in Hanoi, where a festival named “Doai Area welcomes spring” (Xu Doai Don Xuan) is organised. The scenery reminisces about the nice and tranquil landscape of the Doai Area in western Hanoi, formerly known as Ha Tay province. In addition to Bac, the “Doai Area welcomes spring” programme is also partaken by famous comedians Chi Trung and Quang Thang. According to the organising board, the programme will last from March 3-5, 2018 with numerous interesting activities at the street book, which is located at the 19/12 street of Hanoi's Tran Hung Dao quarter. At the event “Doai Area welcomes spring”, the company presents 500 copies of the novel “White Cloud in Doai Area” to pupils and students in Hanoi.

Two South Korean retailers to partner with VNTwo retail and distribution groups from South Korea - K-holdings and Coupang - will co-operate with Vietnamese partners during their trip to Ha Noi on March 22. Two South Korean groups are keen on importing many kinds of products from Viet Nam. The trip is part of the activities within the framework of the Viet Nam-South Korea business exchange programme organised by the Trade Promotion Agency’s Export Support Centre and the Vietnamese Trade Office in South Korea with the aim of boosting exports to the market. Twenty-five years after establishing diplomatic ties, Viet Nam and South Korea have become important strategic and economic partners. Viet Nam’s exports to the South Korean market experienced a year-on-year rise of 31 per cent to US$15 billion last year.

The Ministry also plans to relinquish late tax fees for taxpayers who were struck by natural disasters, fires, accidents or other force majeure circumstances. Speaking at the same meeting, economist Nguyen Minh Phong said that freezing tax debt arrears was a recurring theme. The combined amounts of tax loss under tax and customs agencies in 2017 amounted to almost half of the national tax debts. Unrecoverable debt levels have been high in recent years, prompting tax authorities to implement drastic measures to speed up enforcement and recovery of tax debts. According to the GDT, the tax branch will implement changes in tax debts management in order to improve State budget’s revenues in 2018, by associating tax recovery with administrative reforms for taxpayers across all economic sectors.

Ly Hoang Nam wins singles match at India F2 eventLy Hoang Nam met no difficulties in entering the second round of the India F2 Futures tennis tournament after beating Mohit Mayur Jayaprakash of the hosts 6-4, 6-3 yesterday in Kolkata. Ly Hoang Nam advances to the second round of the India F2 Futures’ singles category. — Photo tinthethao.comThe Vietnamese player, who is seeded No 3, took only 72 minutes to win his singles match. He will next play Bogdan Bobrov of Russia who won 6-2, 6-4 over American Nicholas Bybel in another match yesterday. Today Nam will play the second round match of the doubles event.

French drama on Vietnam’s LGBT community to be screenedA film on French playwright and director Marine Bachelot Nguyen’s Les Ombres Et Les Lèvres (Gays and Lesbians), a production on the lesbian, gay, bisexual and transgender community in Viet Nam, will be screened in HCM City on Tuesday’s night. A scene from Les Ombres Et Les Lèvres (Gays and Lesbiens), a play on the lesbian, gay, bisexual and transgender (LGBT) community in Việt Nam written and directed by Marine Bachlot Nguyen. It focuses on LGBT rights and public opinion about the LGBT community. Nguyen met, worked with and interviewed dozens of lesbians, gays and transgender people in various cities to feature their stories in Les Ombres Et Les Lèvres. Les Ombres Et Les Lèvres, Bóng và Ô Môi in Vietnamese, will be screened at 6:30pm at IDECAF on Lê Thánh Tôn Street, District 1.