CJ Group subsidiary to buy 47.33% of Cau Tre

 The Cau Tre Export Goods Processing JSC is seeking shareholder approval for CJ CheilJedang, the food subsidiary of South Korea’s CJ Group, to purchase shares from major shareholders and become its strategic partner.

Dieu Ngoc jets off to US for Miss World pageant

Vietnamese representative Dieu Ngoc on November 25 departed for Miss World 2016 pageant in Washington DC, the US.

Marriage or not, Mariah Carey goes ahead with reality TV show

 Mariah Carey's new reality show sees the larger-than-life singer trying on wedding dresses and wrestling with a decision to postpone her marriage to Australian businessman James Packer.

ASEAN bloc investments booming, VN among best destinations

VietNamNet Bridge - Economic groups and corporations from ASEAN countries, including Vietnamese businesses, are pouring big money into neighboring countries. 

USD/VND exchange rate reaches record high

 The State Bank of Viet Nam (SBV) today again raised the exchange rate by 13 Vietnamese dong, taking it to a record high of VND22,131 per US dollar.

Sabeco fined for administrative misconduct

 The State Security Commission of Viet Nam (SSC) issued a decision to fine the Sai Gon Alcohol Beer and Beverages Corporation (Sabeco) for alleged regulatory malpractice on the stock market.

Vietnam's agriculture to focus on 10 export products: minister

 The agricultural sector will focus on restructuring, developing and promoting ten key products for export, Minister of Agriculture and Rural Development Nguyen Xuan Cuong said at a meeting held on November 22 in Ha Noi.

Sunrise at Vietnam’s famous tourist destinations

 VietNamNet Bridge – The beauty of well-known tourist sites in Vietnam at dawn can be seen in the following photos. 


Vietnam hobbled by weak logistics sector

Viet Nam has emerged as a powerful manufacturing powerhouse in Asia but “weak logistics activities have limited its trade competitiveness”, the deputy minister of industry and trade said at a logistics forum held yesterday in HCM City.

HCM City to submit airport metro proposal to PM

VietNamNet Bridge – HCM City early next year plans to submit for approval to Prime Minister Nguyen Xuan Phuc a US$276 million metro-line project to Tan Son Nhat international airport in Tan Binh District, the country’s busiest airport.

Top flower designers to show off in Da Nang

 VietNamNet Bridge – Top flower designers from Asian countries and Vietnam will take part in the Da Nang International Flower Show at the city’s Risemount Resort on November 25-26.

BUSINESS IN BRIEF 25/11

 Hindrances to HCMC's river tourism pinpointed, Gov’t aims for stable power tariff, Hanoi wants more high-tech farms, Payment method an obstacle for exports to Russia, FMCG market improves in Q3


Hue tourism, culture day to open in Hanoi

 A programme highlighting tourism and culture of the ancient imperial city of Hue, central Thua Thien – Hue province, will take place from December 13-16 at the Hanoi Opera House.

RoK bank approves $77 million loan for Vietnam’s irrigation

 The Export - Import Bank of the Republic of Korea (RoK) has approved a loan of 76.93 million USD for Vietnam to upgrade the irrigation systems in the Len and Hoang Mai rivers in the central region.

Over 14,500 children get adopted in 2011-2015

 Up to 14,539 Vietnamese children were adopted in 2011-2015, with 12,768 fostered domestically and the remainder lived with foreign foster families, said the Justice Ministry’s Department of Adoption. 

Thailand’s marine police capture Vietnamese fishing boats

Media in Thailand reported on November 24 that their marine police captured two Vietnamese fishing boats with nine fishermen on board for illegally fishing off Narathiwat province in south Thailand. 

ASEAN-China roadshow kicks off journey in Vietnam

 The China-ASEAN International Touring Assembly and Media Rally 2016 (CAITA) began its journey across Vietnam in Hanoi on November 24, marking 25 years of the ASEAN – China dialogue relations.

South Africa Communist Party supports peaceful settlement of East Sea issue

 Chris Matlhako, a member of the Politburo of the South Africa Communist Party (SACP), said that the East Sea issue should be resolved by peaceful measures on the basis of international law.

PM receives incoming Australian Ambassador

 Prime Minister Nguyen Xuan Phuc welcomed newly accredited Australian Ambassador Craig Chittick in Hanoi on November 24. 

Vietnam, Cuba bolster economic, science, technology ties

 The 34th meeting of the Vietnam-Cuba Inter-Governmental Committee wrapped up in Havana, Cuba on November 23 with the signing of three agreements on fostering bilateral ties in economy, science and technology.

CLV-9 seeks stronger connectivity in development triangle area

The 9th Summit of Cambodia-Laos-Vietnam Development Triangle Area (CLV-9)  focused on how to boost connectivity among the three countries within the cooperation mechanism, said Deputy Minister of Planning and Investment Nguyen The Phuong.

Prime Minister greets French Ambassador

Vietnam hopes France will expand investment projects in Vietnam, and enhance cooperation in culture and tourism with the country, Prime Minister Nguyen Xuan Phuc told French newly-appointed Ambassador to Vietnam Bertrand Lortholary.

Personal data for more than 130,000 sailors hacked: U.S. Navy

 Hackers gained access to sensitive information, including Social Security numbers, for 134,386 current and former U.S. sailors,

Ly Quoc Su – A Hanoi's street for good food

VietNamNet Bridge - On a small street of Hanoi like Ly Quoc Su, tourists are able to enjoy beef noodle soup, pillow- shaped cakes, fruit beams, jam, grilled fermented rolls and ice tea with lemon.

Vietnam-Laos ties crucial to each country’s development

 The stability and development of Vietnam and Laos as well as of their special relationship is a critical and irreplaceable factor to each country’s national construction and protection.