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MoT okays $86m for repairs on National Highway No 5

The Ministry of Transport has announced plan to repair the National Highway No 5, connecting Hanoi to the northern city of Hai Phong, with the total cost estimated at over VND2 billion (US$86 million).

Giang Brothers to attempt new world record

Two Vietnamese circus artists and brothers, Giang Quốc Cơ and Giang Quốc Nghiệp, will attempt to conquer a new world record with their head-balancing act in Rome, Italy, following an invitation from Guinness World Records.

Shares to consolidate at 900 points: experts

 Weak market sentiment may continue to weigh on investors, causing stocks to consolidate at current price levels this week, as increasing political and economic risks rattle global markets.

VN becomes 7th member of CPTPP trade deal

 Viet Nam has officially become the seventh member of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) after all National Assembly (NA) deputies on Monday approved a resolution on the agreement.

Enterprise should create its own culture, experts say

 VietNamNet Bridge – Stakeholders, enterprises and managers gathered at a conference on building business culture in Hanoi on Friday.

Two underground tunnels to open at Thang Long Imperial Citadel

 Two additional underground tunnels at Thang Long Imperial Citadel in Hanoi will be reconstructed and connected with the revolutionary relic system to open to the public in 2019.

Coach Park satisfied with Vietnam’s first win at AFF Suzuki Cup

 Vietnam’s manager Park Hang-seo has expressed his pleasure after seeing his players defeat hosts Laos 3-0 during their opening Group A match at the ASEAN Football Federation (AFF) Championship - Suzuki Cup 2018.

Roadmap to cease the use of chrysotile – Many unresolved issues

Whether to stop or allow the use of chrysotile has once again become a hot topic with many debates among Government agencies and experts in the hearing session held by the NA Committee on Science, Technology and Environment last week. 

EVFTA to act as catalyst for textile, footwear exports: experts

 The EU-Vietnam Free Trade Agreement (EVFTA) is expected to create solid opportunities for Vietnam to expand its export markets in the time ahead, especially in terms of the garment and footwear industries.

European Film Festival to kick off in Vietnam

 This year, the festival will take place from November 16 to 29, 2018 with an unprecedented scale in four cities of Hanoi, Ho Chi Minh City, Hue, and for the first time, Da Lat.

Homestays popular in Hanoi suburbs

VietNamNet Bridge - After developing well in the inner city, homestays have been spreading to the suburbs of Hanoi.

Demand soars as Vietnam becomes big mushroom importer

About 20 million tons of mushroom are consumed every year worldwide. In Vietnam, the demand for mushrooms as food and medicinal purposes has been increasing rapidly.

Vietnam are third youngest squad in the AFF Cup

 VietNamNet Bridge – Vietnam have the third-youngest squad in this year’s AFF Suzuki Cup.

Hue to hold regional festival of ethnic culture

 VietNamNet Bridge – The central province of Thua Thien-Hue is to send art troupes to the regional folklore festival to be held later this month in Da Lat.

Vietnam’s wetlands under threat

 VietNamNet Bridge – Wetlands in Vietnam are under threat from both natural factors and human activities.

Vietnam foreseen investment wave after foreign ownership cap removal

 Andy Ho, managing director and chief investment officer of VinaCapital, said Vietnam has a lot of great businesses to invest in and the economy is stable and growing.

Legal bottlenecks hinder FDI in petrol industry

 Investors are concerned about a low return on investments in oil and gas projects in Vietnam.

Events in Hanoi and HCMC on November 12-18

A selection of noteworthy artistic and cultural events to take place in Hanoi and Ho Chi Minh City.

Five former officials of HCM City charged with land management offences

 VietNamNet Bridge – The former vice chairman of HCM City People’s Committee together with four other high-level city officials were charged with serious land management violations,

Banks struggle to mobilize capital

 As many banks have almost reached the lending cap set for the whole year, they are now seeking ways to mobilize funds to meet the demand for loans among individual and corporate customers that tends to surge towards the end of the year.