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PV Power starts trading shares on UPCoM

PetroVietnam Power Corporation (PV Power), the second largest state-run electricity producer in Vietnam, started trading its shares on the Unlisted Public Company Market (UPCoM) on March 6.

BUSINESS IN BRIEF 6/3

 Binh Minh Plastic to auction off 24.16 million shares, Hyosung Group to pour $6 billion into Vietnam’s chemical and heavy industries, Quang Nam’s high-tech park dream runs into obstacles

Social News 6/3

 Police officer dies saving stranded truck, Major fire destroys six houses in Ha Noi, Vietnam initiative promotes sustainable development of water resources, German state looks to hire more Vietnamese caregivers

Vietnam’s foreign reserves hit largest scale ever

 Over the span of 2017 and the first two months of 2018, Vietnam’s foreign reserves stood at $57.5 billion, six times higher than in 2015, officially attaining the largest scale in the history of the country’s foreign exchange reserves.

Waves of objections against Vietcombank's service fee rise

 In early March, Vietcombank officially announced adjusting its service fee, especially fees for online bank transactions.

Listed domestic real estate firms swimming in huge profits in 2017

Over the course of 2017, 59 large-scale domestic real estate firms which were listed on the Vietnamese bourse were reported to have inundating profits totalling at VND155.093 trillion ($6.8 billion), up 39 per cent against 2016.

Asian gold medalist Huyen retires from competition

 VietNamNet Bridge – Vietnam’s Asian gold medalist, Nguyen Thi Huyen has decided to retire from competition to have a baby.

Mine declines: Good news for sustainability

 Statistics from the General Statistics Office of Viet Nam (GSO) showed that the mining industry has posted a record slump since 2011, with the growth rate dropping by 7.1 per cent in 2017 and 4 per cent in 2016. 

HCM City anticipates increasing foreign capital inflows

 In 2018, the Ho Chi Minh City real estate sector is expected to attract significant foreign capital inflows thanks to a vibrant market, new legal framework, new high-quality supply, and easier access to bank loans.

Song Lam Nghe An expects third win

 VietNamNet Bridge – Song Lam Nghe An will not have its best players for today’s match against Persija Jakarta at the AFC Cup but the Vietnamese team still wants three points.

Parkson’s demise and the rise of competitors

Parkson’s demise in Vietnam marks an important transition in the retail sector due to changing shopping behaviours and the rise of shopping malls invested by competitors like Lotte, AEON Mall, and Vincom.

Foreign farmers pour investments in Da Lat

VietNamNet Bridge - Da Lat, located 1,500 meters above sea level on Langbian Plateau, has attracted agriculture investors from Japan, Singapore and South Korea who are growing vegetables, flowers and strawberries.

HAGL will compete in V.league with young aces

 VietNamNet Bridge – Hoang Anh Gia Lai (HAGL) will compete in the V.League 1 with 28 players born in the 1990s.

Five ideal spots in Sapa for a Weekend Getaway

Sapa town in the northern mountainous province of Lao Cai is one of favourite tourist destinations.

VN's Huong Giang charming in swimsuit at int’l transgender pageant

Vietnamese representative Huong Giang has shown off her hot bikini body at the international transgender pageant Miss International Queen 2018 in Thailand before entering the final night scheduled for March 9.

Vietnamese movie to compete at 6th GUKIFF

 VietNamNet Bridge – The Vietnamese film O Day Co Nang (Here Comes The Sun) will compete at the 6th Seoul Guro International Kids Film Festival 2018 (GUKIFF) from May 10 to 17.

Huong Giang delights in traditional Thai costume

Singer Huong Giang Idol has dressed up beautifully in a traditional Thai costume along with the foreign contestants of the transgender beauty pageant “Miss International Queen 2018”.

Blow for food safety in Vietnam

 VietNamNet Bridge – Food enterprises can now declare their products safe and hygienic, without having to apply for any official certification.

Mental health patient illegally boards plane

Four security officers at Vinh Airport, Nghe An Province, have been fined after a man with mental problems boarded a plane.

Mike Tyson appears in Vietnam-based Hong Kong action comedy

Former heavyweight boxing champion of the world Mike Tyson has joined the cast of Girls 2 directed by Hong Kong director Barbara Wong Chun Chun, a film which has most of the scenes filmed in Vietnam.