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BUSINESS NEWS IN BRIEF 30/10

Singapore state fund invests in Viet Nam, 500 enterprises in HCM City trained to use 24/7 e-tax payment scheme, HCM City urged to speed up equitisation of State-owned enterprises, VIB’s pre-tax profit skyrockets 176% in 9 months                    

Social News 30/10

 Residents long for Khanh Son dump’s closure, Kiên Giang Province proactively modernising fishing fleet, Hòn Rồng Mountain being destroyed by illegal mining, One dies from A/H1N1 in Đồng Nai

Consumer lending booms, lenders pop up everywhere

VietNamNet Bridge - Enterprises from many different business fields have jumped into the lucrative field of consumer lending.

Unofficial smartphone market in Vietnam fades away

The unofficial smartphone market, or the market where products from unofficial sources are traded, is losing its importance and diversification. 

Vietnam wavers between allowing and prohibiting scrap paper imports

It is highly possible that Vietnam will fail to implement the plan on exporting $1 billion worth of paper in 2018. 

65% of future jobs yet to be created: educators

Reports say 65 percent of future jobs for those born from 1995 to 2012 have yet be created. 

Craft villages face challenges from Industrial Revolution 4.0

 The fourth industrial revolution brings opportunities but also challenges for traditional craft villages in Vietnam, a truth evident to both experts and local households.

China imposes stricter traceability requirements on imported goods from Vietnam

 China has recently imposed a number of stringent requirements on goods imported from Vietnam, which requires Vietnamese farmers and businesses to improve their product quality during the entire production process before sending goods to export.

Lion Air crash: Boeing 737 plane crashes in sea off Jakarta

 A Lion Air Boeing 737 passenger plane with 189 people on board has crashed into the sea shortly after taking off from the Indonesian capital, Jakarta.

Events in Hanoi & HCMC on October 29-November 4

 Events in Hanoi & HCMC on October 29-November 4 

FDI in Vietnam hits nearly US$28 billion in ten months

 Foreign investors pledged to pour US$27.9 billion into Vietnam in the first ten months of 2018, down 1.2% compared with the same period of last year, according to the Foreign Investment Agency.

Environment company caught polluting Hanoi lake

 Hanoi Urban Environment Company in Xuan Son Commune (Urenco 6) has been caught discharging untreated waste water into the environment in Ba Vi District, Hanoi.

Drunk driving is not a mistake, it’s a crime

 VietNamNet Bridge – There is no doubt that drunk driving is a killer disease. Drunk drivers kill themselves and kill others.

Art & Entertainment News 29/10

Photo exhibition recalls stir moments of giving birth, Wicked Halloween party at AB Tower, Star Live Halloween Indie Rock in HCMC, Lâm Đồng to host LaAn – Challenge The Moutain

Grab writes to PM over new transport decree

Grab have petitioned Prime Minister Nguyen Xuan Phuc to oppose the Ministry of Transport’s proposal to amend the operation of app-based taxi services. 

Hanoi urged to set up non-smoking areas around Hoan Kiem Lake

 Hanoi has been urged to set up non-smoking areas around its iconic tourist attractions, such as Hoan Kiem Lake and the Temple of Literature.

Hoi An set to become a bicycle city

 VietNamNet Bridge – The ancient city has developed a master plan to boost the mass use of bicycles among community members and tourists, as part of efforts to make Hoi An a capital of eco-friendly tourism in Vietnam.

Ministry of Information and Communications moves closer to establishing ICT Industry Department

 The Prime Minister recently gave approval in principle for the Ministry of Information and Communications (MIC) to set up an ICT Industry Department to promote the production of made-in-Viet Nam terminal equipment and boost the electronics industry.

Firms urged to embrace mobile marketing

More than 400 executives representing local and foreign businesses, brands, agencies, publishers, and technology companies took part in the 2018 Mobile Marketing Association Forum held in HCM City.

Industrial real estate developers see great opportunities in Vietnam

VietNamNet Bridge - The movement of foreign investors relocating their production bases to Vietnam will be a driving force for the development of the industrial real estate sector.