Five foreign-style cafes and fast-food shops in Hanoi

VietNamNet Bridge - There are now more and more foreign-style cafes and fast-food restaurants that attract youth and travelers in Hanoi.

German minister says Facebook should be treated as a media company

Germany's Justice Minister says he believes Facebook Inc. should be treated like a media company rather than a technology platform, suggesting he favors moves to make social media groups criminally liable for failing to remove hate speech.

South Phu Quoc’s potential wakes up with Sun Group estate projects

VietNamNet Bridge – Investing VND20,000 billion (nearly $1 billion) in the southern area of Phu Quoc, Sun Group has not only created a resort paradise here but also helped wake up the hidden potential of the pearl island.

Vietnam eyes enhanced relations with US: ambassador

 Vietnam will continue cooperating with the new US government, towards strengthening the comprehensive partnership in a practical, long-term and sustainable manner, said Vietnamese Ambassador to the US Pham Quang Vinh.

Vietnam, Cuba renew resolve to deepen ties

 Vietnam and Cuba have renewed their determination to continue deepening their friendship, solidarity, brotherhood, trust and comprehensive cooperation in service of the respective countries’ nation-building and defence.

Textile & garment industry cautious about future as Trump wins US election

VietNamNet Bridge - US President-elect Donald Trump is opposed to the Trans Pacific Partnership (TPP) trade agreement. Will this affect Vietnam’s textile and garment exports to the US?

VN takes week to celebrate Danish films

 VietNamNet Bridge – For the first time, movie buffs in Ha Noi and HCM City will have a chance to sample Danish cinema at a film event, starting this weekend.

Gov't cannot go it alone in protecting environment

 VietNamNet Bridge – Local authorities should get more involved and significantly improve their management of environmental issues,

US$1.1b needed to fight expected El Nino harm in VN

 VietNamNet Bridge – Viet Nam needs VND25 trillion (US$1.1 billion) to repair expected damage by El Nino during the 2016-20 period, the Ministry of Agriculture and Rural Development reported.

Viettel on course to achieve overseas sales target of $1.5b

 VietNamNet Bridge – Viettel Group’s is likely to achieve its ex-Viet Nam revenue target of US$1.5 billion this year, thanks to a sudden spurt in sales in some of its new markets.

BUSINESS IN BRIEF 18/11

Problems arise in Habeco stake sale talks, Former CEO of PVTex suspended, HDBank supports Ariyana buyers, Hanoi tells firms to pay tax debt, Shrimp quality still big issue, Central bank treasury bills coupon hits 3%

Japan – Vietnam Fest features cosplay, anime and music

 VietNamNet Bridge – The 2016 Japan – Viet Nam Festival, an event that aims to promote tourism between the two countries, begins today at the HCM City’s September 23 Park.

Drivers unfazed by video proof

 VietNamNet Bridge – During a check at a pre-chosen location, police in HCM City this week stopped a number of drivers of vehicles that had previously been caught on video violating traffic regulations.

Hue City to relocate abandoned sculptures

 Hue City will move abandoned sculptures at local public places to parks along the Huong River, according to the director of the municipal Department of Culture, Sports and Tourism Phan Tien Dung.

PepsiCo Vietnam fined for improper product testing

 PepsiCo Vietnam has just been fined VNDV25 million (USD1,116) for failing to carry out proper testing on its products.

Taekwondo gold medal for Vietnam at world junior champs

 Ho Thi Kim Ngan, 15, has won the gold medal in the 44kg category at the WTF World Taekwondo Junior Championships held in Canada. 

Ba Na Hills Golf Club voted world’s best new golf course

 VietNamNet Bridge – Ba Na Hills Golf Club – the first golf course designed by world-famous golf player Luke Donald in Vietnam – has been voted the World’s Best New Golf Course at the World Golf Awards 2016.

Auto industry has low ratio of local content

 The ratio of local content in automobiles assembled in the country is far lower than the Government’s targets despite a lot of policy incentives for the industry, according to a Ministry of Industry and Trade report.

Than Tho Lake draws visitors

 Than Tho Lake in the resort city of Da Lat in the Central Highlands province of Lam Dong has become a popular destination for both domestic and foreign tourists.

Vietnamese banks to improve gradually in 2017: Fitch

 Fitch Ratings has released a report forecasting that Vietnamese banks are set to improve gradually next year.

President wraps up Cuba visit, flies to Peru for APEC week

Vietnam highly valued Cuba paying attention to boosting bilateral ties in agriculture, construction, education, healthcare, biotechnology, transport and sport-physical training, President Tran Dai Quang said.

EU urges fine for Spain over waste water treatment

Spain should be fined at least 46.5 million euros for failing to treat waste water properly in 17 towns and cities, the European Commission said on Thursday, adding it was taking the country back to court over the infringements.

What do Vietnamese startups need to succeed?

VietNamNet Bridge - Vietnam still lacks a complete ecosystem for startups to develop successfully, analysts say.

Dollar soars on U.S. yield gains, Asian shares wobbly

 The dollar vaulted to 13 1/2-year highs against a basket of major currencies as U.S. bond yields rose, leaving Asian stocks vulnerable to potential rotation out of emerging markets to the United States.

Yellen says Fed could raise interest rates 'relatively soon'

 The election of Donald Trump as U.S. president has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon," Fed Chair Janet Yellen said on Thursday