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Investors warned of a likely correction

Investors were very excited after the benchmark VN-Index hit an almost decade-high last week and forecasts predict it will head to 1,000 points this year. 

Logistics industry looks towards impending growth

 Increasing competition among private and foreign enterprises shows the market’s attractiveness towards suppliers and the potential for development in the growing Vietnamese consumer market.

VN’s retail sales to touch over $1.9 trillion

 The revenue of Viet Nam’s retail sales market will reach over VND11 quadrillion (US$484.58 billion) by 2025 and nearly VND44 quadrillion ($1.938 trillion) by 2035.

Mekong Delta to improve tourism services

 VietNamNet Bridge – The number of tourists to the Mekong Delta has increased significantly as many tourism programmes have been successful over the last year, according to provincial authorities.

Quang Nam win V.League 1 for first time

 VietNamNet Bridge – Quang Nam won the V.League 1 title for the first time, beating HCM City 3-1 in the thorny final round on Saturday to triumph at the tournament.

Arjun Kadhe wins VN F3 Future tournament

 23-year-old Arjun Kadhe of India stunned spectators by winning the Viet Nam F3 Future tennis tournament, Becamex IDC Cup, which wrapped up in the southern province of Binh Duong on November 26.

Kenya dominate int’l marathon event in Hanoi

 Kenya’s athletes dominated at the 2017 Techcombank HCM City International Marathon held in HCM City on November 26.

Scaffolding collapse injures ten workers in Nghe An

 Ten workers were injured when scaffolding at a construction site for a coach station in the central city of Vinh collapsed on Saturday afternoon.

20-day-old baby kidnapped in Thanh Hoa

 A 20-day-old girl in Bim Son Town, in the central province of Thanh Hoa, was kidnapped early Saturday evening while she was at home with her mother and grandmother.

Touring to Kim Bong wood carving village in Quang Nam

 Those having a chance to take a trip to the central province of Quang Nam should make a journey to Kim Bong traditional wood carving village in Cam Kim Commune on the opposite side of the ancient town of Hoi An.

Vietnam champions at int’l golf tournament

 VietNamNet Bridge – The Vietnamese team was crowned for the first time at the World Amateur Golfers Championship (WAGC) which ended on November 25 in Malaysia.

Projects encroaching on the sea damage environment

To have more land for infrastructure, locals have been willing to compromise nature, though the long-term effects will ultimately hurt the economy. 

How attractive is Vietnam’s fashion market for foreign retailers?

VietNamNet Bridge - More than 200 foreign fashion brands are present in Vietnam, providing a wide range of products from mid- to high-end products, which hold 60 percent of the market share, according to the Vietnam Retailers Association.

100 fashion models on catwalk to usher in New Year

 VietNamNet Bridge – One-hundred fashion models will perform in The Muse 2 show by fashion designer Do Manh Cuong of HCM City to usher in the New Year.  

Vietnam triumph at regional wrestling champs

 VietNamNet Bridge – Vietnam topped the medal tally at the Southeast Asian wrestling championship which wrapped up in the northern province of Bac Ninh on November 25.

HCM City rolls out smart city plans

 VietNamNet Bridge – The project to make HCM City a smart city in 2017 -20 was approved and publicly announced on Sunday.

BUSINESS IN BRIEF 27/11

 Vietcombank’s $15 million back-to-back divestments, HDBank offers 20 per cent to foreign investors this month, NPLs in property drop significantly, HN, HCMC asked to report apartment disputes

Black sesame sweet soup, a popular dessert in Hoi An

 Black sesame sweet soup, a sweet, commonly served after meals as a mid afternoon snack, is a smooth and luscious soup with a rich toasted sesame taste that’s particularly popular in Hoi An ancient city.

Winter festival set for next month

 A winter festival will be organized in the mountainous district of Sapa in the northern upland province of Lao Cai from December 23.

China makes up three-fourths of Vietnam’s vegetable, fruit exports

 China spent US$2.17 billion importing vegetables and fruits from Vietnam in the first ten months of 2017, making up nearly 75.9% of Vietnam’s total export revenue from these products, according to the General Department of Vietnam Customs.