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Grab faces $1.8mil. claim from Vinasun

 The HCM City Supreme People’s Procuracy have asked Grab to pay over VND41.2 billion (USD1.8 million) in compensation based on a claim of unfair competition after the hearing of a lawsuit filed in HCM City on Tuesday.

Vietnam International Fashion Week 2018 opens

 Many Vietnamese and international designers have gathered to attend Vietnam International Fall/Winter Fashion Week 2018 which was opened in Hanoi on the evening of October 25.  

Quang Nam hydropower plant continues facing earthquakes

 The area near Song Tranh Hydropower Plant 2 reservoir in the central province of Quang Nam has continued being hit by earthquakes.

Authorities refute Hoan Kiem metro station fears

 Hanoi authorities have said that the metro station by Hoan Kiem Lake would have no impact at all on the area.

Govt misses budget revenue collection target, public debt swells in Jan-Sept

The Government did not achieve its budget revenue collection target in January-September, while the country’s public debt burden was getting heavier, according to the National Assembly's Finance and Budget Committee’s report

First pedestrian street proposed for Danang

Danang will get its first-ever pedestrian street around downtown Han Market if the local government gives the green light, according to a proposal from the municipal Tourism Department.

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.

Social News 26/10

Vaccination is key to outbreak prevention: experts, Smuggler of 5,000 drug pills arrested in Dien Bien, More than 11,500 hectares of forests planted in Tuyen Quang, Joint efforts made to combat cross-border smuggling

Khmer group hosts ox race

 VietNamNet Bridge – The annual ox racing festival at Rô Temple is a popular event for both locals and tourists. This year’s edition, which took place on October 14-15, gathered 25 pairs of strong oxen from all over Tinh Bien District. 

Rising seas will swamp homes, report says

 England’s coastal communities haven’t faced up to the reality of rising seas through climate change,

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.

Hanoi makes 9,000 employees redundant

 VietNamNet Bridge – Ha Noi State agencies have made 9,000 employees redundant so far this year.

China knife attack injures kindergarten children

 At least 14 children have been injured in a knife attack at a kindergarten in Chongqing, south-west China.

Annual cost of Hanoi traffic reaches $1.2 billion

Traffic congestion has cost Hanoi between US$1 and 1.2 billion per year and has made air pollution five times worse, the Institute for Transportation and Development Policy under the Ministry of Transport said.

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.