Vietnam offers aid to victims of quakes, tsunami in Indonesia

 The Vietnamese Government on October 2 decided to offer 100,000 USD in aid relief to help the Indonesian Government and people overcome consequences of recent earthquakes and tsunami.

FDI inflow helps Vietnam modernize technology

 The inflow of FDI has helped Vietnam access advanced technology in the world, said Director of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment Do Nhat Hoang. 

Greatest Vietnamese movies listed in renowned critic’s book

 “101 greatest Vietnamese movies” is the latest book by film journalist Le Hong Lam. The book names 101 movies produced from 1953 to 2018.


Vietnam’s Ambassador to Ukraine honoured by World Jurist Alliance

 Vietnamese Ambassador to Ukraine Nguyen Anh Tuan has been granted with the Order of the Rule of Law and Justice by the Kiev-based World Jurist Alliance.

Disabled designer makes dream come true

 VietNamNet Bridge – Designer Ha Thi Thong, 31, overcame disability to follow her passion for fashion. From working as a small-town tailor she has become a well-known designer. 

McDonald's struggles with competition in Vietnam

 Failure to capture the attention of the Vietnamese market was odd given that foreign burger chains had previously been met with success when expanding in Asian countries.

Tropical forest coffee in Hanoi attracts young

 The Tropical Forest coffee shop has become a popular get-away destination for Hanoi people after a hard working day.

BUSINESS NEWS IN BRIEF 3/10

Hanoi to host Seafood Product Fair this October, Geleximco proposes takeover of logistics centre and seaport, Office for lease in high demand, Vietnam Frontier Summit 2018 on way, September PMI down to ten-month low

Foreign investors pour capital into banks, bank share prices escalate

VietNamNet Bridge - Investors now are feeling the heat from bank shares as prices escalate every day.

Binh Thuan: ‘black gold’ mining destroys beautiful landscapes

VietNamNet Bridge - Beautiful landscapes in Binh Thuan Province are at risk of being wiped out by titanium mines.

Textbook market: monopoly is behind all the problems

The Ministry of Education and Training takes on all the work, including compiling, verifying, approving, and printing and distributing textbooks. In other words, it holds a monopoly.


Low productivity poses risks to Vietnam economy

 Spillover effects from the FDI sector to domestic enterprises are considered a long-term solution for sustainable productivity development.

Promoting internal strength to cope with trade war implications

 As the US-China trade spat intensifies, Deputy Chairman of the National Assembly’s Economic Committee Nguyen Duc Kien highlights the need to promote internal strength to use external conditions for national development.

Vietnam's large banks to end cross-ownership soon

 Favorable stock market and positive economic growth have helped large banks to step up divestment from other peers to meet the central bank’s regulation on holding shares at other credit institutions.

Sony products sell slowly amid rumor about company leaving Vietnam

Despite sharp discount rates, Sony products still have been selling slowly because of the rumour that the company will leave Vietnam and warranty services will no longer be available.

Illegal sand exploitation causes land erosion along Hong River

 VietNamNet Bridge – Local residents living along the Hong (Red) River said that illegal sand exploitation during the rainy season had caused erosion and seriously affected their lives, reported online newspaper vov.vn. 

Trung wins men’s singles title of VTF Pro Tour 4

 VietNamNet Bridge – Hoang Thanh Trung won the men’s singles title of the VTF Pro Tour 4 – Hưng Thịnh Cup 2018 which concluded at Phu Tho Tennis Complex in HCM City on Monday.

International artists to gather at Month of Art Practice

 VietNamNet Bridge – The project Month of Arts Practice 2018 (MAP) called Visible/Invisible has begun in Hanoi, gathering local and foreign artists.

Vietnam-US direct flight plan delayed until 2020

The Ministry of Transportation is collecting comments on the draft of a plan to enhance aviation connectivity with tourist markets. 

Health ministry tightens control over hand-foot-mouth disease

 VietNamNet Bridge – The Ministry of Health on Monday afternoon asked local authorities and hospitals nationwide to strengthen preventive measures to control the spread of hand-foot-mouth disease.

Nobel prize for medicine goes to cancer therapy

 Two scientists who discovered how to fight cancer using the body's immune system have won the 2018 Nobel Prize for physiology or medicine.

Will Facebook be fined after hack attack?

 Following the revelation that up to 50 million Facebook accounts may have been accessed in an attack due to a weakness in the platform's code, many questions remain about the breach.

Apple silent amid iPhone 'chargegate' complaints

 Apple has remained silent amid complaints that its new iPhone XS and XS Max smartphones fail to charge consistently when plugged in.

Payment fintechs hunted by big tycoons

VietNamNet Bridge - Many M&A deals have been reported recently which target fintechs operating in the field of payment services. Big investors are behind the deals.

Indonesia tsunami: Death toll rises to over 1,200

 The number of people known to have died in Indonesia in Friday's earthquake and tsunami has risen to more than 1,200, the country's disaster response agency says.