Prime Minister meets Lao and Cambodian counterparts

 Prime Minister Nguyen Xuan Phuc held talks with his Lao counterpart Thongloun Sisoulith on November 23 on the sideline of the ninth Summit of Cambodia-Laos-Vietnam (CLV) Development Triangle Area in Siem Reap, Cambodia.

More mutual visits to promote Vietnam-RoK defence relations

 Increasing visits between defence agencies of Vietnam and the Republic of Korea (RoK) will help bolster bilateral ties, said Le Hien Van, deputy head of the General Political Department of the Vietnam People’s Army.

President confident of reaching $6 billion trade target with Italy

 The target of $6 billion in two-way trade between Vietnam and Italy in 2017-2018 is within reach since the Vietnam-EU free trade agreement is going to be sealed, President Tran Dai Quang said.

Kolon Industries plans $1 billion project in Binh Duong

 The Kolon Industries, Inc. from the Republic of Korea has selected Bau Bang Industrial Park in the southern province of Binh Duong to locate its one-billion-USD automobile tire cord and airbag factory.

Vietnam enters AFF Suzuki Cup semifinals

Vietnam defeated Malaysia 1-0 to maintain its leading position in Group B with six points after two matches and secure a place in the semifinals of the AFF Suzuki Cup 2016. 

As Samsung moves on from Note 7 crisis, SDI battery affiliate struggles

 In the shadows of Samsung Electronics' (005930.KS) Note 7 smartphone crisis, affiliate Samsung SDI (006400.KS) is quietly reassuring anxious clients including Apple Inc (AAPL.O) that its batteries are safe.

Malaysian retailer leaves Hanoi after two stormy years

VietNamNet Bridge - After closing some of its department stores in Hanoi within a two-year period, Parkson, a retail giant from Malaysia, has officially decided to leave the capital.

Foodwise: Teas fit for a king

 VietNamNet Bridge – Recipes from the Nguyen Dynasty (1802-1945) in Hue provide us with an idea of the type of tea and wine consumed by the royals in the former imperial capital city.

CapitaLand to establish new $500 million fund

 CapitaLand will establish a $500 million fund next year to invest in commercial property, primarily in Ho Chi Minh City and Hanoi.

Should Vietnamese develop games like Pokemon Go or Flappy Bird?

Both Flappy Bird and Pokemon Go are well known worldwide. However, the level of investment in the two games varied, especially in content and graphics. How can game developers succeed?

Doctoral training in Vietnam: cheap or expensive?

A Phd programme in Vietnam requires VND15 million in tuition costs a year, while the average cost is $15,000 (VND200 million) in developed countries. 

Vietnam faces high-ranking personnel crisis: experts

VietNamNet Bridge - Vietnam is finding it difficult to fill high-ranking officers for businesses, as most CEOs continue to be foreigners.

Euro 4 emission standard must be enforced to avoid trade fraud

VietNamNet Bridge - Vietnam’s plan to apply Euro 4 emission standard for vehicles by early 2017 may fail if there is no clear requirement on the quality of fuel, experts have said. 

Thai Beverage mulls over bidding for Sabeco and Vinamilk

Thai Beverage is considering bidding for Vietnamese state-owned enterprises Saigon Beer, Alcohol and Beverage Corporation (Sabeco) and Vietnam Daily Products JSC (Vinamilk), according to newswire Nikkei.

Dan bau embodies Vietnamese culture

 VietNamNet Bridge – Vietnam’s dan bau, or monochord, produces seductive sounds which represents the Vietnamese soul and feelings. Dan bau is considered a special witness of Vietnam’s history and culture.

Life’s worth it, says new documentary

 VietNamNet Bridge – Director Dang Hong Giang has a habit of sitting in the back rows of a cinema hall to watch the audience as they watch his films.

An 11th grader breaks a mirror, and holds one up

 VietNamNet Bridge – There was no one around when an eleventh grader from Hai Phong City riding his bike accidentally broke the mirror of a car parked on the street.

Cosmetics industry getting a green makeover

Though relatively small, having generated only US$652 million in total sales last year, rising middle-class disposable incomes are feeding strong growth in the Vietnam cosmetics market.

Eager for the speed of growth, Vietnam will lag behind forever

VietNamNet introduces the second part of the talk “Integration and Development”. 

BUSINESS IN BRIEF 23/11

 Vietnam tops ASEAN in trade with Canada, Industrial production to rise 8% in 2017: MoIT, Standard Chartered offers support to Vietnamese SMEs, MBBank, Shinsei Bank sign co-operation agreement

Hai Nam Assembly Hall in Hoi An opens to tourists

 Hai Nam Assembly Hall has become a new sightseeing spot in the ancient town of Hoi An since it formally opened to the public on November 23.

Using state money to receive guests: 3/10 spent for guests, 7/10 for hosts

 VietNamNet Bridge – In developed countries, which grant funds to help poor countries, the use of state money is strictly controlled, but it is not so in a poor country like Vietnam.

HCM City approves $2.9 billion for environmental projects

 The HCM City People’s Committee has approved a plan to spend up to VND64.2 trillion (USD2.9 billion) to carry out 54 environmental projects by 2020.

Nha Trang shipping container hostel design praised

Ccasa Hostel is the first hostel which was built from shipping containers in the southern coastal resort town of Nha Trang. The hostel design was highly appreciated by architecture website Archdaily.

Delays see Hanoi metro route costs soar

 The Nhon-Hanoi Station metro route project continues to be delayed until as late as 2019 as the investor claim they need more capital to cover additional expenses.