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BUSINESS IN BRIEF 16/9

 GM recalls 1,300 Chevrolet Aveos in Vietnam, Standard Chartered pledges support for Vietnam growth, August auto sales up 29% y-o-y, VN expects $2.5b gain in fruit, vegetable exports, Ministry eyes reducing price fixing

Italy to launch 500-euro arts bonus for 18-year-olds next month

 Emerging from an underfunded school system into a bleak jobs market, Italians turning 18 this year at least have one birthday treat to look forward to -- 500 euros ($562.10) from the state to spend on cultural items

IT vacancies, applications on the rise

 VietNamNet Bridge – More than 40 top high-tech companies will participate in Tech Expo 2016 to be held in Ha Noi this Saturday (September 17).

Higher retirement age weighed

 VietNamNet Bridge – The Ministry of Labor, Invalids and Social Affairs is collecting comments on a 2012 Labor Code revision plan in which retirement ages and work hours of local employees could rise.

HCM City urged to inspect thousands of trees

VietNamNet Bridge – The Viet Nam Green Trees and Parks Association has urged the HCM City Transport Department to allocate more funds to examine 5,500 trees in the city after two people were killed by falling trees in the last three weeks.

Vietnam’s most colourful farmers market

The Dong Van upland district located in the outrageously beautiful, rugged and mountainous province of Ha Giang is home to one of the most vibrant and busiest farmers markets in Vietnam.

Cow racing festival in An Giang

Cow Racing Festival has existed for a long time in the Seven Mountains Region of An Giang Province. The Festival is held on SeneDolta day of the Khmer ethnic minority people in the Mekong Delta to express gratitude toward ancestors.

Public debt hurtling toward national red line, says ministry

  There is an increasing risk that Viet Nam's public debt will exceed a national red line, the Ministry of Planning and Investment (MPI) said in its latest report.


Asian fans snap up new iPhone but crowds smaller despite sell-out

 Apple Inc fans from Sydney to Tokyo, the first to snap the new iPhone 7 off the shelves, cheered as they left stores on Friday brandishing their purchases, flanked by applauding sales staff.

VN kids at risk from vitamin E deficiency

 VietNamNet Bridge – Vietnamese nutrition experts have warned of a serious vitamin E deficiency among children resulting from parents’ and child-care workers’ poor knowledge of healthy nutrition.  

Is Hanjin to be followed by Vietnamese shipping firms?

Experts have warned that some Vietnamese shipping firms, incurring big debts, will soon follow Hanjin and file for bankruptcy. At least two – Vinashinlines and Falcon – have been following procedures to declare bankruptcy.

Twitter users cheer Thursday Night Football live video

 Twitter Inc made a smooth debut with its broadcast of a National Football League game on Thursday, attracting generally positive tweets midway through the matchup between the Buffalo Bills and the New York Jets.

Experts urge preservation of Central Highlands’ original character

VietNamNet Bridge - Rapid deforestation has been slowly wiping out the traditional cultural of ethnic minorities in the Central Highlands.

Students, parents frustrated by Education Ministry's many reforms

VietNamNet Bridge - The Ministry of Education and Training (MOET) in recent years has set forth new enrollment policies, but many of them have faced strong opposition from the public.

Vietnam expected to see 4G smartphone boom

VietNamNet Bridge - The mobile device market is expected to see strong development in 4G smartphones. 

Saigon Book Street in pictures

Nguyen Van Binh Street, also called Book Street, in Ho Chi Minh City is an ideal destination for book lovers.

Hai Van Pass in pictures

 VietNamNet Bridge – Hai Van, or the Pass of Ocean Mist, is a mountainous stretch of road in central Vietnam. 

Real estate developments abandoned in Hanoi

 Despite high demand, and swathes of poor quality and over-priced housing in the city, in the west of Hanoi is a supposed luxury residential area with hundreds of houses, which has become a ghost town as no one moved in for over three years.

Appropriating hundreds of billions of dong, Vietnamese tycoons flee abroad

VietNamNet Bridge - After swindling partners and appropriating huge sums of money, a number of tycoons have fled abroad. Some of them have been arrested, while others have settled down in other countries.

In for their share

 Vietnam's life insurance market continues to witness strategic moves by foreign players keen to seize the opportunities its potential presents.