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Seeking status

 Stakeholders are waiting patiently for Vietnam’s stock market to receive a much sought-after upgrade from MSCI.

Stocks, bitcoin the most profitable investment channels in 2017

With the VN Index increasing sharply by 48 percent in 2017, stocks were the assets with the highest profitability. No other assets, except bitcoin, brought such impressive profits.

Photographer A gets entranced by a traditional ritual

 VietNamNet Bridge – Nguyen A is bewitched by the hau dong ritual, where a medium goes into a trance and incarnates as various deities.

BUSINESS IN BRIEF 13/1

 Tax payment from state own enterprises sharply reduces in HCMC, Vietnam’s buoyant exports lay firm foundation for 2018, Vietnam negotiates trade pacts with 60 economies, JLL: Supply of southern IPs relatively constant

Julius runs marathon with Heat

 Kyle Julius, head coach of Saigon Heat, is considered one of the most well-known names that Canadian basketball has ever had.

Watching a 3D movie save a life

 VietNamNet Bridge – At half-past 10 in the morning, the cardiopulmonary bypass (CPB pump) started running, making a steady sound.

Four loss-making fertilizer projects likely to be revitalized

 Four of 12 State-owned loss-making projects could be revitalized after Deputy Prime Minister Vuong Dinh Hue approved a restructuring plan for the Vietnam National Chemical Group (Vinachem) in the 2017-2020 period.

Real estate results transfer to bourse

 Real estate stocks are expected to return to the spotlight in 2018, as the sector recovers from its chronic issues and firms gear up for major merger and acquisition deals.

BRCA gene mutation 'doesn't affect breast cancer survival'

 Young women treated for breast cancer have the same survival rates regardless of whether they have the BRCA gene mutation, 

A 170-year-old pagoda in HCM City

 Lying at the foot of Chanh Hung Bridge in District 8, HCMC, An Phu Pagoda with a history of more than 170 years is frequented by foreign tourists who want to explore its ancient and unique architecture.

HCMC to spend big on infrastructure for SEA Games 31

 In addition to VND200 billion needed to upgrade 22 stadiums, HCMC will invest over VND15 trillion (US$660 million) in Rach Chiec sports complex and Phan Dinh Phung sports center to host the 31st Southeast Asian Games (SEA Games 31) in 2021.

Will made-in-Vietnam cars roll on SE Asia streets?

VietNamNet Bridge - Vietnamese enterprises made hefty investments in automobile manufacturing projects in 2017, with the aim of becoming an automobile production center in SE Asia.

Eye to the future

 One young Vietnamese engineer aims to build the first Vietnamese-made robot and already provides robotics to the local manufacturing sector.

Pumped up competition

The opening of the first IQ8 gasoline station in Hanoi marks a new stage for Vietnam’s retail gasoline sector.

Graphic designer Dang Thi Bich Ngoc: Coming to the end with great passion

Vietnamese designer Dang Thi Bich Ngoc has won the 2017 Graphic Design Awards of the USA for the first time with a set of four posters featuring characters from an ancient Tuong (classical drama) play entitled ‘San Hau’.

Apricot blossoms vibrant southern province

 In such a village in the central coastal province of Phu Yen the beauty of apricot blossoms, one of the typical flowers of Vietnam in Tet holiday is attracting visitors.

Even with a stable market, FX hedging is advised

 For multinational companies and foreign investors doing business in Vietnam, experts advocate minimising the FX risk through hedging, knowing that the dong may be steady today but may move unexpectedly tomorrow.

U.S. firm eyes 49% stake in Dung Quat Oil Refinery

 Polestar Inc, a firm specializing in oil and gas transport in Texas in the U.S., wants to acquire a 49% stake in Binh Son Refining and Petrochemical Company (BSR), the operator of Dung Quat Oil Refinery.

BUSINESS IN BRIEF 12/1

HCM City retail grows by more than 11 percent in 2017, PetroVietnam told to thoroughly deal with ailing projects, Vinasugar II to auction 93% stake next month, Lower tax helps reduce E5 bio-fuel price

Social News 12/1

 2 police injured in Dien Bien drugs ring bust, PM hosts American Bar Association President, Australia funds project to raise economic rights of ethnic minority women, 27 wild animals returned to the wild in Kon Tum