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Lacking control

The development of condotels around Vietnam has occurred absent a dedicated legal framework.

FPT University intends to accept bitcoin despite SBV’s ban

 FPT University has hinted at a plan to allow students to pay tuition fees by bitcoin although this virtual currency has not been recognized as legal in Vietnam.

Telcos complain about unreasonable telecom charges

 Enterprises providing telecommunications services and network infrastructure have complained about unreasonable financial obligations.

Khaisilk closes all outlets following trade fraud

 Premier Vietnamese silk brand Khaisilk had closed all of its outlets as of October 27 after it was found selling Chinese-made products labeled “Made in Vietnam,” local media reports.

Vietnamese search engine Coc Coc attracts 23 million users

 Coc Coc, or “Knock Knock” in English – a Vietnam-based search engine – has become one of the most popular browsers in Vietnam, with around 23 million users as of August.

HCM City mulls higher tax on speculative property trading

 The HCMC Government has proposed the Ministry of Construction increase the property tax on owners of the second home and land lot that change hands within a year, an apparent move which is aimed at warding off real estate speculation.

Ha Thu takes part in Q&A session at Miss Earth 2017

Vietnamese representative Ha Thu has received a lot of compliments for the way she confidently answered all questions in English without the assistance of translators in the Q&A session at Miss Earth 2017 pageant.

Miss Ocean Vietnam accused of plastic surgery

 The Department of Performing Arts has asked the organisers of the Miss Ocean Vietnam 2017 to report back on accusations that the winner had plastic surgery.

The Quintessence of Tonkin highlighted in art show

 An art show entitled ‘The Quintessence of Tonkin’ will open for audience from early November in Hanoi, with a focus on the rich culture and daily activities of Vietnam’s northern delta.

Nutritionists express concerns about over-consumption of pork

 Many health experts have expressed the concern that eating too much pork may be unhealthy. They also expressed doubts about the quality of pork in Vietnam.

Masan Group postpones VND3 trillion bond issue plan

 Private equity firm Masan Group Corporation (MSN) has announced it will postpone the issue of VND3 trillion (US$132.2 million) nonconvertible bonds, which was initially scheduled for this quarter.

Taxation authorities propose delaying e-invoices till July 2019

 The General Department of Taxation (GDT) is considering asking the Ministry of Finance to postpone the compulsory application of e-invoices until July 2019, instead of early next year.

Areca nut processing plant causes air pollution in Thua Thien-Hue

 An areca nut processing plant in Nam Dong District’s Huong Hoa Commnue has been causing pollution for months but the local authority has not imposed any effective sanctions.

Youzhny wins Challenger Vietnam Open

 Russian, Mikhail Youzhny, grabbed the men’s singles title at the Hung Thinh Challenger Vietnam Open tennis tournament on Sunday in HCM City.

VN Pharma verdict annulled, case reopened

 The Judicial Council of HCM City’s high-level People’s Court on Monday morning annulled jail sentences for former leaders of Viet Nam Pharma Company, to serve reinvestigation of the case.

Gov't fails to downsize sub-par public servants: National Assembly

 The Government has lost its battle to reduce the number of public servants, with the administrative system bloating year by year.

VNPT enters into joint venture with Myanmar firm

 StreamNet, a joint venture between VNPT and Myanmar’s Elite Telecom Public Co., Ltd., was launched in Yangon on October 27 in the presence of Minister of Information and Communications Truong Minh Tuan.

Vietnam sends first female officer to UN peacekeeping mission

 Major Do Thi Hang Nga of the Vietnam Peacekeeping Centre under the Ministry of National Defence has become the country’s first female officer to join the UN peacekeeping mission in South Sudan.

Outgoing US Ambassador bids farewell to President

 President Tran Dai Quang received US Ambassador to Vietnam Ted Osius in Hanoi on October 30, appreciating the outgoing diplomat’s active contributions to Vietnam-US relations.

Competitive power market to resume operation on November 1

 The Ministry of Industry and Trade has decided to resume the operation of the competitive electricity generation market (CGM) on November 1 after a one-month suspension.