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Singapore investor acquires 10% Vinamilk stake

 The Singapore-based automotive group, Jardine Cycle and Carriage (JC&C), has made additional purchases of Vinamilk’s shares after its maiden US$616.6 million investment on November 10.

PM appoints two new deputy ministers

 Vietnamese Prime Minister (PM) Nguyen Xuan Phuc has just issued two decisions to appoint new Deputy Ministers of Natural Resources and Environment and Foreign Affairs. 

Recruiting & retaining

It’s never been more important for enterprises to adopt a comprehensive people strategy.

Competition Law sanctions debated

 Heavy fines imposed on organisations and enterprises in the draft amendments of the existing Law on Competition have stirred up much debate among lawmakers.

“Across the Storm” exhibition, a call for fighting gender-based violence

The contemporary arts exhibition “Across the Storm” is in response to the International Day for the Elimination of Violence against Women.

Do My Linh bows out of Miss World 2017’s Top 15

 Miss Vietnam Do My Linh has bowed out of the Top 15 at Miss World 2017 in China.

Ban on casino entry lifted

 From December 1 this year Vietnamese who can show a minimum income of VND10 million (US$440) a month can gamble in casinos.

Education minister eases concerns over PhD project

Minister of Education and Training Phung Xuan Nha said that the $545.4 million project is not aimed for the massive training of PhDs, but will be based on the real demand and will focus on the quality of training.

Rising global coal prices a threat to budget

 As a coal importer, Vietnam will pay substantially more for energy source in coming years, according to recent analysis.

No foundation to prove $3 billion flow from Vietnam to US for house purchase

 There was no foundation to say that Vietnamese people transferred US$3 billion from Vietnam to the United States for house purchase, Le Minh Hung, Governor of the State Bank of Vietnam, said.

HCM City gears towards smart city

 Ho Chi Minh City and military telecom group Viettel signed an agreement on November 17 to develop the southern metropolis into a smart city during 2017-2020.

Exhibition features contemporary Buddhism

 Fifty one paintings and eight sculptures featuring the values of Buddhism are on show in Hanoi.

Downward drag on stocks to continue

 Vietnamese shares were boosted to a new 10-year-high by large-cap stocks last week, but the latest drop may signal further decline in the coming week, analysts say.

Foreign brands up the ante in fashion market

 The competitive pressure exerted on domestic fashion firms by the increasing presence of world renowned brands is unavoidable, but it could have positive impacts in the long run, experts say.

Ministry's power tariff proposals will benefit hotels

The Ministry of Industry and Tradeis drafting regulations on new retail prices for electricity, aiming to lower electricity prices for hotels to strengthen the tourism sector and hike prices for electricity-guzzling households.

VN mining investors seek long-term returns

 Although fluctuations in international demand and pricing have put pressure on returns from Viet Nam’s mining industry, the sector remains a magnet for foreign direct investment (FDI), a sign of confidence in its long-term prospects.

HCM City to export 40m ornamental fish

 HCM City authorities aim to export about 40-50 million ornamental fish worth US$40-50 million by 2020.

Toll booths can’t be wished away: Transport Ministry

 The Ministry of Transport says it is not feasible to remove toll booths on national roads because the Government would have to shell out significant sums of money to compensate private investors.

Will Jack Ma and Alipay make things happen in Vietnam?

VietNamNet Bridge - Alipay has changed people’s payment habits in China. Will the same thing happen in Vietnam?

Property market stays strong

 Strong economic growth since 2015 has created a thriving domestic property market that is likely to continue next year, said Construction Minister Pham Hong Ha.