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Many residential blocks falsely advertised as luxury ones to cheat buyers: HoREA

  The rampant use of designations for apartment buildings such as “high-end,” “luxurious” and “premier” in the property market is an emerging trick to lure customers, according to the HCMC Real Estate Association.

Digital platform cuts recruitment times

 Platform particularly useful in hard-to-fill positions, according to recent VietnamWorks report.

Strong lenders continue to flourish

Vietnamese banks have reported positive third-quarter results for 2018, continuing on the recovery path and making it easier for them to seek foreign capital in the future.

Foreign media campaigns influence barriers to Vietnam seafood exports

The shortcomings in the Vietnam seafood industry have been exaggerated by foreign media, placing obstacles on domestic seafood exports.

Phuong Nga finishes in Top 10 of Miss Grand International 2018

Vietnamese beauty Bui Phuong Nga was named in the Top 10 of Miss Grand International 2018 in the grand final held in Myanmar on October 25.

Healthcare poised for substantial growth

 Vietnam’s healthcare market will grow at a substantial rate due to the liberalization policy adopted by the government and an increase in demand for healthcare services.

Thousands of Thanh Hoa workers strike

 More than 3,000 workers at the Ivory Vietnam Company in Thanh Hoa Province have gone on strike over the past five days to protest against the company's policies on overtime.

Sun Symphony Orchestra to perform classics by Mozart and Tchaikovsky in Hanoi

 Vietnam’s first-ever private orchestra, Sun Symphony Orchestra, will perform classics by Mozart and Tchaikovsky at a special concert held at the Hanoi Opera House on October 26.

Traffic congestion costs Hanoi $1.2bn a year

 Hanoi is losing $1-1.2bn a year due to traffic congestion according to the Transport And Development Strategy Institute under the Ministry of Transport.

Hoi An to promote bicycle use

 Hoi An People's Committee has collaborated with Health Bridge Vietnam and German Development Agency (GIZ/TUMI) to start the bicycle plan in Hoi An to encourage locals to use bicycles on a daily basis.

Foreign currency black market active in Hanoi

 Illegal foreign currency transactions are an everyday sight in many areas in Hanoi, particularly on Ha Trung Street, the capital city’s biggest foreign currency market.

Ministry wants to cut tax for locally produced auto parts

The Ministry of Industry and Trade wants to take advantage of market and policy opportunities to promote automobile manufacturing projects of domestic automakers including Thaco, Thanh Cong Group and VinFast.

Ancient book from a family’s pride to world heritage

 Since the recognition of The Memory of the World Regional Register for Asia-Pacific recently, the ancient book titled ‘The Envoy Ship Journeys to China’ has been carefully preserved by both the family and local authorities.

Vietnam remains Southeast Asian No 1 in FIFA rankings

 Vietnam’s FIFA world ranking for October remained unchanged from the previous month, with 102nd place still good for the top spot in Southeast Asia.

Vietnam attends UN First Committee’s debate on conventional weapons

Ambassador Dang Dinh Quy, head of the Permanent Vietnam Mission to the United Nations, attended the First Committee on Disarmament and International Security’s debate on conventional weapons on October 24.

Banks’ network expansion slows

VietNamNet Bridge - Commercial banks have been setting up new branches and transaction points every year. 

VN firms advised to be prepared to tap opportunities from CPTPP

Vietnamese businesses should actively prepare the best conditions to take the advantage of preferences to be brought by the CPTPP, said experts at a seminar in Ho Chi Minh City on October 25.

Moody’s optimistic about Vietnam’s economic outlook

Vietnam’s expansion has charged ahead despite the recent financial and trade turmoil, which has affected many Southeast Asian emerging markets, Moody’s Investors Service said in a recently-announced report. 

Vietnam makes a leap in Global Innovation Index

 Vietnam has jumped two positions to reach 45th place on the Global Innovation Index (GII) 2018 released by the World Intellectual Property Organisation.

Vietnamese billionaire Pham Nhat Vuong oves up in Forbes ranking

 Billionaire Pham Nhat Vuong has moved up in the Forbes rich list as of October 25, 2018.