Social News 22/11

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Experts: VN should not limit motorbikes … [Read more...]

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EVENTS SCHEDULED FOR NOVEMBER 20-30 (daily updated)

Piano - Tuồng "Fire" by Pho An My and Dang Tue Nguyen Sat 29 Nov 2014, 8 pm Hanoi Opera House 1 Tràng Tiền, Hà Nội "Fire" is a project conceived 8 years ago by two artists Pho An My and Dang Tue Nguyen. Sharing the desire of creating a new theatre language as combination between piano and Tuồng, My and musician Dang Tue Nguyen has collaborated to generate "Fire" based on Tuồng script by poet Luong Tu Duc. The beauty and philosophical depth of Tuồng (traditional opera) has once again given … [Read more...]

Art & Entertainment News 20/11

HCM City bustling with year-end fashion shows Nguyen Cong Tri - one of 100 well-known contemporary designers will open the Vietnam International Fashion Week 2014 with a performance featuring his latest designs on December 1. The 6-day fashion week will present to fashionista 17 performances of global fashion brands, including Antonio Grimaldi of Italia; On Aura Tout Vu, Defined Moment, andAtelier Chardon Savard of France; ISSUE of Thailand; Frederick Lee from Singapore; Tsolo Munkh from … [Read more...]

Social News 18/11

Stop preventable deaths: UNICEF UNICEF has launched a campaign called ZEROworkplace that involves companies in its efforts to eradicate preventable child deaths in Viet Nam. ZEROworkplace enables managers to provide critical information to employees in an inexpensive and effective way that can have a lifesaving impact on their children. "In Viet Nam, 100 children die every day from preventable causes," Youssouf Abdel-Jelil, UNICEF's representative in Viet Nam, said at the launch ceremony in … [Read more...]

Social News 17/11

Newspaper fined for inaccuracy The Ministry of Information and Communications' Deputy Chief Inspector, Do Thi Tinh, has decided to fine the Dan Viet online newspaper VND 15 million (US$714) for publishing inaccurate information. The story in question, "The world's most magnificent presidential palaces," was carried on November 2. The paper could appeal or contest the decision, the ministry said. The Information and Communication Ministry this year has issued fines on a large number of online … [Read more...]

Local bourses experience mixed fortunes

HA NOI (VNS) - Vietnamese share prices ended mixed last week, with the VN-Index at the HCM Stock Exchange falling and the HNX-Index at the Ha Noi Stock Exchange rising. The lack of supporting good news led to the decrease of the VN-Index by a cumulative 0.37 per cent to 600.36 points while money pouring into speculative shares led to the increase of the HNX-Index by a cumulative 1.33 per cent to 90.74 points. Liquidity improved in both markets. Trading volume in Ha Noi rose by 47.2 per cent … [Read more...]

City bustling with year-end fashion shows

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Nguyen Cong Tri - one of 100 well-known contemporary designers will open the Vietnam International Fashion Week 2014 with a performance featuring his latest designs on December 1. The 6-day fashion week will present to fashionista 17 performances of global fashion brands, including Antonio Grimaldi of Italia; On Aura Tout Vu, Defined Moment, andAtelier Chardon Savard of France; ISSUE of Thailand; Frederick Lee from Singapore; Tsolo Munkh from Mongolia;Somarta of Japan and Song Zio of the … [Read more...]

Vietnam introduces ‘single-door’ customs clearance mechanism

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Vietnam on Wednesday unveiled a simplified customs procedure at three international seaports, claiming it will help cut customs clearance time by up to four days. The new mechanism was kicked off by Deputy Prime Minister Vu Van Ninh during a ceremony in Hanoi, and is being applied at the ports in the northern city of Hai Phong, as well as Ho Chi Minh City and Ba Ria-Vung Tau Province in the south. … [Read more...]

Officials disciplined over bus subsidy irregularities

Le Anh The most serious infringement involves the bus routes serving students and workers with losses put at over VND3.7 billion. According to a conclusion by the Inspection Commission of the HCMC Party Committee early this month, Le Hai Phong, director of the center, Van Cong Diem, deputy director of the center, and Nguyen Tien Thinh, head of the center’s Finance and Accounting Department, have been reprimanded by the Party. Nguyen Lam Hai, deputy director of the center, and Pham … [Read more...]

Vietnam seen further liberalizing economy

A view of Cai Mep International Terminal. Vietnam will intensify efforts to liberalize its economy for foreign investors, according to an Oxford Analytica report - PHOTO: ANH QUAN

Tu Hoang The report "Vietnam liberalization pace may lag EU trade deal", issued by EU-based Oxford Analytica, suggests that, however, this will be a gradual process, and significant obstacles will remain for the time being in the regulatory, business and investment frameworks. … [Read more...]

First ministries join national single window system

Deputy PM Vu Van Ninh asks for more ministries to connect to the national single window system - Photo: VGP

VGP - The Ministries of Transport and Finance became the first to join the national single window (NSW) system which will help facilitate the entry, exit and transit of ships at international seaports. At first, the system will be deployed at seaports of Hai Phong, Ho Chi Minh City and Ba Ria-Vung Tau, according to the Viet Nam Customs. … [Read more...]

New SOE watchdog proposed

First graders at the Ro Men Commune Primary School in Lam Dong Province. NA deputies discussed school curriculum and textbook revisions yesterday. - VNA/VNS Photo Quy Trung

HA NOI - National Assembly deputies yesterday suggested creating a Government agency to supervise the use of State funds by State-owned enterprises. … [Read more...]

Cutting interest rates help boost growth

The State Bank of Vietnam lowered interest rates on short-term deposits and ceiling interest rates on loans in a bid to boost bank loans, the English language version of the Nhan Dan (People) newspaper reported. However, both enterprises and commercial banks still face many difficulties to be able to secure loans or spur credit growth, according to the newspaper. Chairman of Thuan Phuoc Seafood and Trading Corporation Tran Van Lanh said his company got access to bank loans at the rate of 6 … [Read more...]

Tax and customs authorities told to connect database

Chi Thinh Responding to a question about the tax and customs authorities keep asking enterprises to submit the documents they have previously filed, Deputy Minister of Finance Do Hoang Anh Tuan told the meeting on administrative procedures and policies of tax and customs that the two bodies should not ask for what they already have in their database. The tax authority can access the data bank consisting of five million customs declarations to verify information about enterprises, he added. … [Read more...]

Rate cuts are intended to help both banks and enterprises

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Workers at a factory of the Ha Giang Phuoc Tuong Mechanical Company … [Read more...]

Art & Entertainment News 10/11

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Heavy Tiger shows girl power in rock Rock 'n' roll band Heavy Tiger from Sweden promises to stir up a concert tonight at Cargo Bar in HCMC's District 4 at 8 p.m. Consisting of guitarist/singer Maja Linn, drummer Astrid Carsbring and bassist Sara Frendin, the band was formed in 2010 when the girls turned 17. Heavy Tiger has staged performances all over Scandinavia and in the UK. Their original songs and performances are inspired by KISS, Thin Lizzy and The Clash. Local rock band WhiteNoiz will … [Read more...]

Explaining Tax, Customs Procedures to Businesses

An annual dialogue on tax and customs policies was recently held in Hanoi by the Ministry of Finance in cooperation with the Vietnam Chamber of Commerce and Industry (VCCI), attracting more than 400 businesses and consultant companies.

In his opening speech, Deputy Finance Minister Do Hoang Anh Tuan said that this conference took place while business performances of enterprises are in grave difficulty. The Ministry of Finance expected to share and discuss to find way-outs for policy difficulties. Although the economy expanded 5.8 percent in the first nine months of 2014, companies still underperformed. The country witnessed 57,000 corporate bankruptcies while new business start-ups were not that many. Only 29 percent of … [Read more...]

Art from the past has a place in the future

An old form of art that belongs to Viet Nam has come alive.It involves making paper, called truc chi, which is made from bamboo.Truc chi can be used to make all sorts of things, from passport covers and wallets to wall paintings and lanterns.This art form helps keep Viet Nam's heritage alive and strong. Paper hat: A conical hat made of truc chi paper. - VNS Photo Le Huy Hoang Hai By Phuoc Buu THUA THIEN - HUE (VNS) - Artist Phan Hai Bang, who created a very special type of paper called truc … [Read more...]