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Zara, H&M report high revenues in Vietnam

For a population of nearly 100 million, of which the majority is at young age and with a steady growth of income per capita, Vietnam is considered potential market for fashion retailers. 

It takes years to see effects of China-US trade war on Vietnam

 The trade clash between China and the US worries some countries, including Vietnam.

Vietnam to spend US$3 billion on media advertising in 2018: Kantar Worldpanel

 In its latest report, market research firm Kantar Worldpanel expected the fast-moving consumer goods (FMCG) manufacturers will make up the bulk of that spending.

Can health services handle the Apple Watch?

 When Apple announced two major new healthcare features this week, it billed them both as terrific innovations that may well keep us alive.

Brokerage predicts VND to devalue by around 3% in 2018

 In order to maintain the competitiveness of export products, the exchange rate still needs an adjustment at a moderate level.

Cemetery for abandoned fetuses in Quang Tri

 Three men in the central province of Quang Tri have jointly set up a cemetery for deceased abandoned babies.

BUSINESS NEWS IN BRIEF 15/9

 Impacts of US-China trade war on Vietnam's key export staples, Vietnam's agriculture confronts challenges from US-China trade war, Foreign banks continue expanding in Vietnam


Defence relationship, important indicator to strengthen Vietnam-UK ties

 The UK’s newly-appointed Ambassador to Vietnam Gareth Ward has affirmed that defence relationship is a very important indicator to strengthen the Vietnam-UK relations.

Environmental protection groups prove effective

 Environmental protection groups founded by young people have bloomed in recent years. However, the question of connectivity and how to create a network for more effective operation still remains. 

Vietnam economy sees bright outlook for 2018

In addition to a bright outlook for the economy, the Ministry of Planning and Investment pointed to a number of challenges to the economy, including trade wars between nations, geopolitical risks, growing trend of protectionism and nationalism.

Court maintains 13-year sentence for anti-State agitator

 The High-Level People’s Court in Hanoi upheld a jail sentence of 13 years handed down on 54-year-old Nguyen Van Tuc for “attempting to overthrow the people’s administration” at an appeal trial in the northern province of Thai Binh on September 14.

Huge gap remains between university curricula, real job requirements

 A huge gap exists between curricula taught at universities and job requirements of enterprises, a university lecturer said at a workshop on cooperation between companies and universities, held in HCM City on September 14.

Vietnam presents 5,000 tonnes of rice as gift for Cuba

 Up to 5,000 tonnes of rice that are the gift of the Vietnamese Party, State and people for the Cuban people were symbolically presented at a ceremony in Havana on September 14.

Government Office, JICA cooperate in building e-Government

 The Vietnamese Government Office and the Japan International Cooperation Agency (JICA) on September 14 signed a Record of Discussion for Project to Build Professional and Efficient State Operation for Improvement of Business Environment.

It is too much send out kids to work?

 VietNamNet Bridge – Many parents were encouraging their children to work early even though they are still in school. Is this a negative thing or does it teach youngsters the value of earning a living?

Big cities should build multistoried terminals: expert

 VietNamNet Bridge – Nguyen Anh Dung, chairman of the Viet Nam Coach Terminal Association, talks to the Hai Quan (Customs) newspaper about terminal planning.

Riding the Northern Loop

A mud-spattered Honda swished by me on the mountain pass. The young Vietnamese driver gripped the handlebars confidently, as if he knew every inch of the road. The bike disappeared around a curve. 

Residents suffer pollution from waste treatment plant

 VietNamNet Bridge – Up to four thousand people in Quang Trach Commune in Thanh Hoa Province have been suffering severe environmental pollution, reported online newspaper dantri.com.vn.

Wind power price rise a positive sign for VN’s renewable energy development

 VietNamNet Bridge – Higher feed-in tariffs for wind power projects in Vietnam will help push forward the completion of many projects and ensure they begin operation.

Art & Entertainment News

 Music show to raise scholarship funds for people with disabilities, New exhibition opens at L’Espace, TPD to screen Lars von Trier film, Social Club Saigon launches new fragrance cocktails