4 major trends of Vietnam’s distribution and retail channels

With a population of nearly 100 million, the country’s final consumption expenditure has been maintaining at a high rate of over 70% annually, indicating huge potential remains for the market.

BUSINESS NEWS OCTOBER 4

HSBC Vietnam appoints new CEO

 

Fresh policies take effect from October

A series of new policies on the use of public assets to pay investors when implementing construction investment projects in the form of build-transfer contract (BT), and police conscription duration shall take effect in October, 2019.

 

Corona Casino reports $13.04 million gross profit in six months

Corona Casino – the first casino in Vietnam where Vietnamese people are permitted to gamble – has reported a gross profit of $13.04 million and pre-tax profit of $4.7 million after six months of operation.

 

Rapper Suboi to compete at the MTV European Music Awards

Vietnamese rapper Suboi will be representing the nation as she competes for the title of "Best Southeast Asia Act" at the MTV European Music Awards 2019, or the MTV EMA, which is scheduled to take place in Seville, Spain, on November 3.

 

Giselle’s welcome return to HCM City

The HCMC Ballet, Symphony Orchestra and Opera (HBSO) will revive one of its most popular full-length, classical ballets, Giselle, on Saturday, October 19 and Sunday, October 20, at the Saigon Opera House.

 

Rugby World Cup: One man's search into Japan's mysterious rugby past

Samurai, silence and pistols on the pitch. Japan's rugby history is unique - and a lot longer than you might think.

HCM City: Waste collection crisis proves mind-boggling

Recycling or incinerating the 10,000 tons of waste produced per day in Ho Chi Minh City is no easy task. The outdated and mostly unregulated waste collecting system only adds more obstacles to the situation.

 

Hanoi university relocation plan faces failure

Only one university in Hanoi has to date been moved out of the capital city’s cramped inner-city areas out of the 12 planned.

Hanoi to put electric bus into service in 2021-2025

The People’s Committee of Hanoi City is mapping out measures to develop public transport, including a plan to put electric buses into service during the 2021-2025 period.

Vietnam wins nine golds at Asian bodybuilding championship

Vietnamese athletes won nine gold, eight silver and two bronze medals at the Asian Bodybuilding and Physique Sports Championships 2019 which concluded in Batam, Indonesia, on October 3.

 

Vietnam trade ministry rejects rumors on selling Sabeco shares to Chinese

To date, Saigon Beer Alcohol Beverage Corp (Sabeco) only has two major shareholders, including Vietnam Beverage with a 53.59% stake and the Ministry of Industry and Trade being state capital representative at the brewer with 36%.

Malaysia proposes $20 million fine on Grab for abusive practices

The Malaysia Competition Commission (MyCC) has proposed a fine of over 86 million ringgit (20.5 million USD) on ride-hailing firm Grab for violating competition law by imposing restrictive clauses on its drivers.

PM asks Hanoi, HCMC to fix air pollution

PM Nguyen Xuan Phuc has ordered the Ministry of Natural Resources and Environment and the governments of Hanoi and HCMC to promptly adopt effective solutions to address the worsening air pollution, the local media reported.

 

Hanoians flock to buy masks as air pollution worsens

People in Hanoi are buying expensive masks to protect themselves from serious air pollution.

 

Photo of Kieu Loan tops poll on Miss Grand’s official fan page

A portrait depicting Kieu Loan, Vietnam’s representative at Miss Grand International 2019, is currently listed as the most liked and shared image on the beauty pageant’s official Facebook page.

 

Draw ceremony for SEA Games’ group stage rescheduled

The draw for the group stage of the men’s football tournament at the 30th Southeast Asian (SEA) Games has been delayed for a total of 12 days.

 

HCM City’s hospital successes in separating twins with attached liver

Doctors at the Ho Chi Minh City-based Children's Hospital 1 have successfully separated 1.5-month twin girls who were conjoined in the liver.

 

Vietnamese aviation market under double pressure

The Vietnamese aviation market grew slowly in the first half of 2019, falling far short of the double-digit average growth in 2013-2018.

Heavy rain serves to ease air pollution in Hanoi

A deluge of rain which hit Hanoi on the morning of October 3 caused disorder for residents whilst also reducing the amount of air pollution in the capital’s atmosphere.

Thu Hien wins Missosology’s Choice at Miss Asia Pacific International 2019

Thu Hien, the Vietnamese representative at Miss Asia Pacific International 2019, has been awarded Missosology’s Choice at the beauty pageant which is currently underway in the Philippines.

Vietnam's Hoang Hanh takes part in swimsuit segment of Miss Earth 2019

A total of 77 contestants from the Miss Earth 2019 pageant participated in a swimsuit contest which saw members of the press serve as judges in the Philippines on October 2.

Vietnam's Vu Thi Trang rises six spots in world rankings

Vu Thi Trang, Vietnam’s leading female badminton player, has climbed six places from 64th to 58th in the latest world rankings.

Wild animals illegally traded in Phong Nha-Ke Bang National Park

Many wild animals have been found to be illegally kept at a household located in the buffer zone of the central province of Quang Binh’s Phong Nha-Ke Bang National Park.

Vietnam, UK sign MoU on educational cooperation

A Memorandum of Understanding (MoU) on educational cooperation between the governments of Vietnam and the United Kingdom was signed in Hanoi on October 3.