BUSINESS IN BRIEF 20/10

 Real estate credit may rise 15% this year, Idle money eyes resort properties as investment, VN access to TPP markets to affect China exports, VN expects to collect more taxes next year, PetroVietnam shows strong performance despite oil price fall 

President greets Governor of Japan’s Kanagawa prefecture

 The Vietnamese Government is willing to create most favourable conditions for foreign investors, including those from Japan to conduct long-term investment, business and production activities in Vietnam, said President Truong Tan Sang. 

Prime Minister receives senior Lao army official

 Prime Minister Nguyen Tan Dung hosted Lieutenant General Suvon Luongbunmi, Chief-of-the-General Staff of the Lao People's Army and Deputy Minister of Lao Defence Ministry, in Hanoi on October 19. 

New Zealand treasures ties with Vietnam

 New Zealand attaches importance to its relations with Vietnam – which boasts the fastest growth in the ASEAN in trade ties with New Zealand, affirmed Deputy Secretary of Foreign Affairs and Trade Andrea Smith. 

Vietnam, Cambodia hold first defence policy dialogue

 A senior military delegation led by Deputy Defence Minister Nguyen Chi Vinh is attending the Vietnam – Cambodia Dialogue on National Defence Policies, from October 18-20 in Cambodia.

Mekong Delta faces acute fresh water shortage

 The freshwater shortage in the Mekong Delta was the main topic on the agenda at a conference on combating drought held in Ben Tre on Friday.

Australians win Hong Kong-Nha Trang yacht race

  The Hong Kong-Nha Trang International Yacht Race saw fierce competition during the 1,200km journey from Hong Kong to the central Nha Trang City, before it ended on October 18.

Fine Arts Museum to host exhibition of masterpieces

  About 30 valuable paintings from the collection of Nguyen Minh will soon be displayed in downtown Ha Noi.


Doctors remove 40kg tumour from woman's abdomen

  Doctors at the HCM City Tumour Hospital removed a 40kg tumour from a women's ovaries last Monday, Hospital Director Le Hoang Minh said.

Vietnam's youngest director appointment fits legal processes

 The appointment of Le Phuoc Hoai Bao, 30, as director of the Department of Planning and Investment in central Quang Nam Province in September, was in line with legal processes.

Cai luong prize winners aim to revive the art

 VietNamNet Bridge – Three artists from HCM City and Can Tho Province have won top prizes at the 2015 Chuong Vang (Golden Bell) Awards, an annual cai luong (reformed opera) competition launched by HCM City Television.

50 most valuable VN brands named

 Brand Finance released its list of 50 most valuable brands listed on Vietnamese stock markets earlier this week at the Vietnam Brand Matters Forum.

Decree on supporting industries offers a lot of investment incentives

VietNamNet Bridge - There will not be the VND30 trillion fund to support the development of supporting industries as initially planned. Instead, there will be a lot of investment incentives to be offered to businesses in the fields.

Duo to perform for Beethoven's birth anniversary

 VietNamNet Bridge – Violinist Nguyen My Huong and pianist Dao Trong Tuyen will perform in a concert on Wednesday to commemorate the 245th birthday of composer Ludwig van Beethoven.

Trang loses at Taipei's semis

 VietNamNet Bridge – Vu Thi Trang of Viet Nam was stopped at the Chinese Taipei Grand Prix Badminton tournament on Saturday after losing 16-21, 14-21 to Kim Hyo-min from South Korea.

Social News 19/10

 Cause of missing sailors in Japan still unclear, More than $8 mln given to fund forest fire control, Vietnam elected to World Health body, Vietnam elected to World Health body, HCM City vocational training lacks students

Infected Mushroom to play Escape

  Infected Mushroom is no stranger to the electronic dance music (EDM) scene, but for the first time the Israeli duo will bring their psy-trance hits to a stage in Vietnam.

Gov't decides some sectors off limits for State enterprises

 The Government's decision to prohibit State-owned enterprises (SOEs) from investing in certain areas has been hailed by economists.

Indian star Myneni wins Vietnam Open

 VietNamNet Bridge – Saketh Myneni of India was crowned champion of the Viet Nam Tennis Open-ATP Challenger yesterday (Oct 18) in HCM City.

Market recovers, real estate firms gear up for project development

VietNamNet Bridge - Real estate developers are rushing to mobilize capital from the public to develop projects as the market is believed to bounce back soon.

Amazon targets 1,114 'fake reviewers' in Seattle lawsuit

 Amazon is taking legal action against more than 1,000 people it says have posted fake reviews on its website.

Phuoc Loc Tho – The village of ancient chalets of Vietnam

 VietNamNet Bridge – The village is the home for a collection of ancient wooden houses of Vietnam and hundreds of unique antiques.

Migrant crisis: Tensions rise in Balkans as numbers grow

 Tensions are building among thousands of migrants heading north through Balkan states as their route to Western Europe is stalled by new controls.

Budapest Operetta to perform night of classics at Opera House

 The Budapest Operetta and Musical Theatre and Vietnamese violinist Hoang Tuan Cuong will perform a night of classics at the Hanoi Opera House on October 22.

The floating village in Hanoi

 VietNamNet Bridge - About 50 households are living on boats on the Red River, in Nhat Tan Ward, Hanoi. Their main occupation is selling pottery.