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NA concerned about bad debt upsurge

 Vice Chairman Phung Quoc Hien of the National Assembly (NA) voiced concern that bad debt would escalate though the central bank has reassured that it is now at a safe level, less than 3% of total outstanding loans.

Expert proposes compact city to ease congestion in HCMC

 The government of HCMC should change its urban planning concept towards a compact city to effectively deal with worsening traffic congestion, said the academic director of the Fulbright Economics Teaching Program.

Marvellous beauty of Hanoi’s flower meadow

 Visitors to Hanoi will have an excellent chance to wallow in the splendid nature and marvellous scenery of a flower meadow after travelling around 20 minutes by bus or motorbike from the centre of the capital city.

Hanoi Museum displays its valuable collection

 An exhibition kicked off at the Hanoi Museum on October 10 with nearly 150 documents and objects sourced from the museum’s collection on display.

Competition grows as foreign firms make inroads into Vietnam’s retail market

 Vietnam’s retail market has recently seen a wave of mergers and acquisitions as well as the rapid domination of foreign investors from Japan, Thailand and the Republic of Korea.

Tech parks urge greater tax cuts, in search of FDI

 Vietnam’s hi-tech parks are proposing a 50% reduction in personal income tax for employees working in all areas of the high-tech sector, to facilitate future investment attraction.

Japan ventures in Vietnam realty

 Japanese investors are continuing to influence Vietnamese real estate trends with the entry to the market of a new wave of investors.

Four real-life fairy-tale villages of Vietnam

So picturesque it's hard to believe they're real: The four fairy-tale villages of Vietnam that make for a truly magical getaway.

Hanoi increases oxygen in West Lake to save fish

 Chairman of the Hanoi People’s Committee, Nguyen Duc Chung, has said Hanoi is installing four high capacity oxygen supply systems at West Lake to improve the lake’s oxygen content.

Ly Hoang Nam sets Vietnamese ATP ranking record

 Ly Hoang Nam jumped 18 spots to world No 683 in the latest Association of Tennis Professionals (ATP) men’s singles rankings, announced yesterday.

WHO warns of Zika virus spread in Asia-Pacific

 There is a high risk of Zika virus spreading through Asia-Pacific as hundreds of cases have been reported in Singapore and Thailand, with two babies diagnosed with Zika-linked microcephaly, the World Health Organisation (WHO) warned.

Khanh Hoa leader opposes China’s election in so-called ‘Sansha’ city

 Chairman of the People’s Committee of central Khanh Hoa province Le Duc Vinh has rejected China’s election of deputies to the People’s Congress in the so-called ‘Sansha’ city.

Social News 11/10

 Hanoi honours outstanding locals, Nearly 500 people recruited at job fair, HCM City rejects waste treat plant refusal to take rubbish, Official refutes Hanoi air pollution claims, Former Deputy PM Vu Khoan issues diplomatic book

BUSINESS IN BRIEF 11/10

 Tuong An Vegetable Oil gets new chairman, Tra fish surges on high demand of China, Major Binh Dinh tourism projects given green light, Oxfam warns Vietnam about FDI from tax havens, Vietnam’s stock market potential introduced to ASEAN brokers

Hanoi’s walking streets a playground for all

 VietNamNet Bridge – Taking a leisurely walk through the pedestrian areas that surround Hoan Kiem (Sword) Lake on the weekends, one can see there is a lot on offer.

Two new Zika infections diagnosed in Vietnam

 VietNamNet Bridge – The Ministry of Health last Saturday confirmed two new cases of Zika virus infection, raising the total number of locally transmitted cases in Viet Nam to five since April.

Asia-Europe music fest to highlight traditional instruments

 VietNamNet Bridge – Nearly 200 artists and musicians from 30 countries and territories will participate in the second Asia-Europe New Music Festival to be held in Ha Noi and Vinh Yen cities starting tomorrow, Oct 12.

Vietnamese athlete bags gold medal at Armwrestling Championships

 VietNamNet Bridge – Duong Duc pocketed Vietnam’s first gold medal at the Tafisa World Game Armwrestling Championships 2016 on October 7-9 in Jakarta, Indonesia after defeating strong foreign rivals in the 65 kg category.

Drake tops American Music Award nominations, beats Jackson record

 Canadian rapper Drake dominated nominations for the American Music Awards, earning a leading 13 nominations and beating the record set by Michael Jackson more than 30 years ago,

Tennis: 32 players begin main round at Vietnam Open 2016

 The main round of the Vietnam Open 2016 tournament, part of the ATP Challenger Tour 2016, began on October 10 with the participation of 32 players from 20 countries and territories.