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Stronger decentralisation hoped to stimulate development in HCM City

 Prime Minster Nguyen Xuan Phuc’s decision to pilot stronger decentralisation and authorisation for Ho Chi Minh City is expected to help the locality become a modern and civilised city with good life quality. 

Jazz Trio performs at European Music Festival

 The jazz trio comprising Stefano Senni -Bass, Angelika Niescier-Saxophone and Simone Zanchini -Akkordeon will debut German-Italian contribution at the European Music Festival at the Consevatory HCM City on November 18.

Tipsy Art – a fantastic venue for amateur painters

 VietNamNet Bridge – If you have little or no experience in painting, but still want to create a real work of art by your own, or if you’re simply available this weekend and still have no big plans yet, just follow us to Tipsy Art,

Old HCMC apartments a danger to residents

VietNamNet Bridge – In HCM City, there are 474 severely degraded apartment buildings that threaten the lives and properties of their occupants, authorities said. 

Nguyen Hue leads HCMC property price

 The housing land price per sq m on the street front along vehicle-free Nguyen Hue is the highest in Ho Chi Minh City, according to the latest figures from gachvang.com.

Viet Nam need luck for cup glory: coach

 VietNamNet Bridge – Coach Nguyen Huu Thang said besides peak performance, Viet Nam will need luck to win the title at the coming ASEAN Football Federation Suzuki Cup.

French film “Indochine” returns in 4K resolution

VietNamNet Bridge – The Oscar winning film “Indochine” directed by Regis Wargnier has been re-screened in Vietnam in 4K resolution on the occasion of the 4th Hanoi International Film Festival (HANIFF).

Canadian director promotes theatre in VN

VietNamNet Bridge – Canadian actor and director Keigan Page is passionate about theatre and has settled in Viet Nam to inspire other foreign and local residents. 

BUSINESS IN BRIEF 10/11

Agri-forestry-fishery exports to hit US$31 billion, Getting credit still tough for SMEs, EU beef imports to VN recover, Listing delays subject to heavy fines, Ninh Thuan wants to have part of North-South Expy

Social News 10/11

World’s famous sapphire Buddha statue placed at Binh Duong, First baby born via artificial insemination in Phu Tho, Firecrackers weighing 63kg found in Hanoi, Trees relocated from Hanoi survive, start growing

Safe farm produce supermarkets open in Hanoi

 The Cooperative Union of Agricultural Consumption (UCA) opened three safe farm produce supermarkets in Hanoi on November 9.

Street vendors in Hanoi

The image of vendors holding a set of Quang Ganh (consist of a bamboo pole and two baskets made from different materials like bamboo) or riding bicycles across the streets has become common in Hanoi.

Cyber security at heart of Vietnam information security day

 Various activities will be held under the theme “new era of cyber security” in Hanoi and Ho Chi Minh City from November 15 to December 5 as part of Vietnam Information Security Day. 

NA plans nearly $90 billion for five-year public investment

With 89.88 percent of votes, the National Assembly on November 10 approved a resolution on a medium-term public investment plan for the 2016-2020 period, which stipulates a maximum of $89.56 billion of five-year spending. 

Direct flight route connects Hong Kong, Cam Ranh

 A HK Express flight, a budget airline from Hong Kong, landed in Cam Ranh International Airport on November 9 afternoon, bringing 180 tourists from the Chinese territory to Nha Trang city. 

Government proposes nuclear power plant cancellation

The Vietnamese government has decided to cancel the Ninh Thuan Nuclear Power Plant project as the country will not face a power shortage as previously predicted, while the plant would face difficulties competing with other power sources.

Northeasterly monsoon strongly operating in north

 The strong operation of cold front began impacting to the weather condition of the central provinces from Quang Binh to Thua Thien- Hue on November 9, reported the National Hydrology Meteorology Forecast Center this morning.

Mobile World to gain after-tax profit of $71.7mn for 2016

 Chairman of the Mobile World JSC (MWG) Nguyen Duc Tai has announced that after-tax profit in 2016 has been estimated at VND1.5 - 1.6 trillion ($67.5 - $71.7 million) and it will have 1,200 stores nationwide by the end of the year.

Masan Consumer readies to trade on UPCoM

 Fast-moving consumer goods (FMCG) giant Masan Consumer is completing the final list of its shareholders to prepare to trade on the Unlisted Public Company (UPCoM) market on the Hanoi Stock Exchange.

How are foreign banks performing in Vietnam?

VietNamNet Bridge - About 70-80 percent of the profit made by foreign banks comes from services, while credit makes up 10-15 percent.