Consular legalization in Vietnam

 According to the Vietnamese law, consular legalization is necessary and compulsory for documents issued by foreign agencies to be lawfully used in Vietnam. 

BUSINESS IN BRIEF 10/10

PM launches new vision for agribusiness, Real estate transactions skyrocket in 9 months, Promising market for soymilk industry, Foreign retailers arrive en masse, India okays amendments to double tax avoidance pact with Vietnam

There is no evidence of Coca-Cola transfer pricing: Minister

VietNamNet Bridge - Minister of Planning and Investment Bui Quang Vinh has disagreed with the opinion that Coca-Cola has been conducting transfer pricing in Vietnam, affirming that the soft drink manufacturer is innocent until proven guilty.

Film and TV streaming website fined for copyright infringement

 The owners of hayhaytv.vn have been fined VND60 million (USD2,700) by the Ministry of Information and Communications for illegally streaming movies and videos clips.

China willing to sponsor Lao Cai-Hanoi express railway project

 Foreign Ministry Spokesperson Le Hai Binh confirmed China’s willingness to sponsor the feasible research study of the Lao Cai-Ha Noi express railway project at a regular press briefing on October 8 in Ha Noi.

Dry haze sends rising number of southern children to hospitals

 A dry haze that has obscured Ho Chi Minh City and many southern provinces is believed to be sending a rising number of children to Paediatrics Hospital 1 and 2 in recent days. 

Vietnamese female shooters fail in World Games final

 Viet Nam's women's team failed to make it onto the winners' box at the 50m rifle 3x20 final yesterday at the sixth CISM Military World Games in South Korea.

Webcam hacker spied on sex acts with BlackShades malware

 A Leeds-based hacker used a notorious piece of malware called BlackShades to spy on people via their webcams.

Liem wins first game at Millionaire Chess tournament

 Vietnamese chess star Le Quang Liem overcame the US challenger, Andrew Boekhoff in the first round of the 2015 Millionaire Chess Open tournament, the second edition of its kind, in Las Vegas on October 8.

Ebola scare as man dies in Nigerian city of Calabar

 An Ebola scare has been reported in southern Nigeria, a year after the country was declared free of the virus.

Vietnam absorbs US$54.6 bln in FDI from ASEAN nations

 As many as 2,629 foreign direct investment (FDI) projects worth US$54.6 billion from eight ASEAN member nations have operated in Vietnam as of June 2015.

Le Quang Liem drops one place in world rankings

 VietNamNet Bridge – Vietnamese Grandmaster Le Quang Liem has dropped to world No 50 in the latest rankings released by the International Chess Federation.

Svetlana Alexievich wins Nobel Literature prize

 The author was born in 1948 in the Ukrainian town of Ivano-Frankivsk, then known as Stanislav, to a Belarusian father and Ukrainian mother.

Vietnam shut down Laos in AFF futsal

VietNamNet Bridge – Viet Nam crushed Laos 13-1 in the first Group B match at the ASEAN Football Federation Futsal Championship in Bangkok, Thailand, yesterday.

Foreign banks advance slowly but steadily in Vietnam

VietNamNet Bridge - Though foreign banks have expanded their networks and presence in Vietnam, they still have a modest market share in Vietnam.

Social News 9/10

 Norway sends Viet Nam VND16bn for disaster relief, KOICA backs VN's green city master plan, PM approves national action programme on gender equality, Deputy PM orders investigation into fake fertiliser case

Tra Su cajeput forests during season change

 VietNamNet Bridge - In early October every year, when the flooding in the Mekong River Delta starts, Tra Su cajeput forest has a new vitality. 

HCM City backs Trung Nam’s $440mil. anti-flood project

 VietNamNet Bridge – The HCMC government has asked the People’s Council of the city to allow Trung Nam Joint Stock Co. to carry out an anti-flood dyke project worth VND9.85 trillion between 2015 and 2018.

Elle Fashion Show 2015 opens this weekend

 Elle Fashion Show 2015 opens this weekend, Students take lead at cai luong fest, Quy Nhon, an undiscovered getaway, “Space & Life” exhibition opens in HCMC, Fahasa starts selling books online

Smarthome – the new race for technology firms

VietNamNet Bridge - Vietnam has high potential in the world’s smarthome market, worth $20 billion globally.

Dual armed robot YuMi on show at Metalex Vietnam

 ABB Robotics Company will reveal YuMi, dubbed as the world’s first collaborative dual armed robot designed for a world in which humans and robots work together more closely, at Metalex Vietnam 2015 slated to kick off in HCMC on October 8.

Former Agribank official prosecuted

 VietNamNet Bridge – Eighteen people including a former general director of Agribank, one of the largest banks in Viet Nam, were prosecuted for causing the bank a loss of more than VND2.75 trillion.

Vietnam drops win in final minutes

 VietNamNet Bridge – Toshyia Miura rightly said that he planned to lock Iraq's players in their Group F match of the World Cup qualification round, Asia zone, yesterday (Oct 8), in Ha Noi.

December IPO for Airports Corporation of Vietnam

 The Ministry of Transport (MoT) will conduct an initial public offering (IPO) of Airports Corporation of Vietnam (ACV) in December.

Vietnam among 20 countries with maximum netizens

Vietnam was named among the top 20 countries with the highest number of Internet users, according to recent statistics from the Internet World Stats.