Standard Chartered cuts 15,000 jobs and raises $5.1bn

 Standard Chartered, the Asia-focused UK bank, is to cut 15,000 jobs by 2018 and raise $5.1bn (£3.3bn) to create a "focused and well-capitalised" group.

Pakistan Shaheen Air plane crash landing injures 10

 A plane has crash landed in Pakistan's Lahore, injuring at least 10 people, local media report.

Small manufacturers refuse to distribute their products through supermarkets

VietNamNet Bridge - In order to be able to display products at supermarkets, manufacturers have to satisfy many requirements set by supermarkets, including extremely unreasonable ones.

Sacombank’s Tram Be forced to go

 Sacombank’s permanent vice chairman Tram Be is required to leave the bank by October 30 and deal with debts he is responsible for, according to a statement issued by the State Bank of Vietnam (SBV).

Gov’t delays sending wage hike plan to NA due to budget constraints

 The Government will postpone proposing a plan on wage raise for state employees to the National Assembly (NA) for consideration until the legislature’s meeting in March 2016 due to budget constraints

VN Food Association denies rumors on 25% broken rice export halt

 The Vietnam Food Association (VFA) has dismissed as groundless rumors that Vietnamese enterprises have suspended export of 25% broken rice due to an undersupply of this product on the domestic market.

Tourist boats in Ha Long Bay suspended for waste treatment failures

 Quang Ninh Department of Transport temporarily halted the operation of 153 tourist vessels in Ha Long Bay which failed to meet waste water treatment standards.

Vietnam ranks 55th in world prosperity index

 Vietnam is ranked 55th among 142 countries in this year’s Prosperity Index, according to a report released by the UK think tank The Legatum Institute on November 2.

Water sources questioned after PepsiCo owns up

Under pressure from international public opinion about misleading marketing, PepsiCo has recently confirmed that water used in its Aquafina brand is treated tap water. 

SCG releases Q3 business report

SCG in Vietnam had $707 million in total assets in the third quarter of the year, an increase of 15 percent year-on-year, mainly from its investment in the Prime Group and the acquisition of Batico.

French retailer Auchan lands in Hanoi

 France’s leading retail group Auchan will sign a strategic cooperation contract with Mipec on November 3 to get its supermarket chain underway in Hanoi. A contract to lease space at the Mipec Long Bien Commercial Center will also be signed.

Social News 3/11

Heavy rain causes traffic jam in HCM City, Frozen storage fire destroys all goods, Skills USA medal for Vietnamese student, Mekong River future scenarios under spotlight, Government Inspectorate proposes harsher penalties for corruption

Vietnamese businesses reluctant to file dumping lawsuits

VietNamNet Bridge - Many imported products and services are sold in the domestic market at incredibly low prices. However, Vietnamese businesses are reluctant to file anti-dumping lawsuits.

YouTube’s growth in Vietnam reaches 120%

 In terms of total downloads of videos, the biggest country for YouTube is still far and away the US, however it has seen big gains in viewer and subscriber growth in Vietnam over the past year.

Hy loses his top position at world chess event

Hy loses his top position at world chess event, My defends her title at national golf open, Two victories for Viet Nam at international pentaque event, Disabled Vietnamese athletes to train in Japan

Jessica Minh Anh brings her floating catwalk to River Seine

 Vietnam film festival to be held in HCM City, National cai luong competition opens, Diary of a Wimpy Kid: Old School comes to HCM, Vietnamese model brings her floating catwalk to River Seine

Tu Lan caves to welcome tourists in November

 Tu Lan caves system in the central province of Quang Binh will be reopened to tourists on November 10 after being closed for two months for ecological recovery.


Bphone to be sold in retail stores

Bphone to be sold in retail stores, Kaspersky patents new technology, Ha Noi to host tech conference, Chinese launch fingerprint phone


Pictures: Vestiges of ancient crater in Binh Chau waters

 VietNamNet Bridge - A crater 30 sq m and dense symbiotic coral reefs on sedimentary rock islands make Binh Chau waters in Quang Ngai province a rare geological heritage of the world. 

Vietnam joins information safety drills for cyber attack

  Viet Nam joined 13 other countries in addressing cyber security incidence responses at the 2015 ASEAN Computer Emergency Response Team Incident Drills (ACID) last Wednesday.


VN firms investing $2.4 billion in Russia

 Viet Nam invested a total of US$2.4 billion in 18 projects in Russia by end-September, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.


Kien Giang to host 2016 National Tourism Year

 The Mekong Delta province of Kien Giang will host the 2016 National Tourism Year, offering opportunities for visitors at home and abroad to explore southern Vietnam.

Vietnamese midfielder to play for Japan's Yokohama

 Hoang Anh Gia Lai have agreed to let their best midfielder Nguyen Tuan Anh play for Japan's Yokohama for a year, following a loan contract.

Hoang Sa, Truong Sa exhibitions reviewed

 Exhibitions featuring maps and historical documents proving Vietnam’s sovereignty over Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagos were reviewed at a ceremony on October 30 in Hanoi. 

Vietnam, Laos increase sports cooperation

 Enhancing cooperation in sports and physical training will contribute to fostering the close-knit relationship between Vietnam and Laos.