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Vietnam designs US-style commodity exchanges

VietNamNet Bridge - Vietnam has decided to resume its commodity exchange plan, which it had tried to build five years ago, but could not implement well.

Japanese breweries on startline of Sabeco auction

 Japanese Asahi Group Holdings Ltd., and Kirin Holdings Co. are considering bidding for shares of Saigon Beer, Alcohol and Beverage (Sabeco) in the auction expected to be held next month, according to newswire Nikkei.


Electronics retailer accuses employee of quirky theft

 Electronics retailer The Gioi Di Dong has identified an employee as the culprit replacing shrink-wrapped iPhones with stones.


Asia stocks slide after Wall Street losses, oil drops on glut concerns

 Asian shares tumbled in early trade on Wednesday, following in the footsteps of Wall Street, which pulled back on disappointing earnings, while the dollar inched down from a seven-month high and oil prices slid.

Thailand detains five Vietnamese fishing boats

 Thai authorities have detained five Vietnamese fishing boats with 28 fishermen aboard for violating their territorial sea and illegal fishing.

Import of made-in-India cars accelerates in Vietnamese market

 The number of made-in-India cars exported to Viet Nam has significantly increased due to the advantage of cheap prices.


Social News 26/10

Vietnamese female soldiers to join UN's peacekeeping activities, One dead, nine injured in coach accident, Vietnam launches hydrographic commission, office, Six hydropower plants listed significant

Traditional lottery faces tough competition

 Many traditional lottery companies in the southern region are losing out to Vietnam Computerised Lottery Company, Vietlott, which is attracting lots of customers due to its high-value prizes.

A pilgrimage to Tay Thien

 VietNamNet Bridge – A pilgrimage to Tay Thien Pagoda on the hill of Thach Ban in Tam Dao District, Vinh Phuc Province is recommended for those wishing to find inner peace.

Higher standard of living just a ‘wealth bubble’?

VietNamNet Bridge - Statistics show that Vietnamese income per capita has been increasing significantly. However, some analysts say this is just a ‘wealth bubble’.

Seafood exports set to pass $7b threshold this year

 The country's seafood exports are expected to reach US$7 billion this year, a year-on-year increase of 5.5 per cent, according to the Viet Nam Association of Seafood Producers and Exporters (Vasep).


Callous fans cast a pall on artists’ funerals

 VietNamNet Bridge – This year has been a particularly sad year for artist circles in Viet Nam.

Half of high-grade property purchase for speculation in HCMC

 Fifty percent of upper middle and high ranking real estate purchase volume in Ho Chi Minh City is for speculation, according to the city Real Estate Association (Horea).

Vietnam’s top IT companies generate revenue of US$1.25 billion in 2015

 Vietnam’s top 50 IT companies generated a total revenue of nearly VND28 trillion (US$1.25 billion) last year, according to Nguyen Thi Thu Giang, General Secretary of the Vietnam Software and IT Services Association.

HCM City bustling with year-end art perfromances

 Audiences will have a chance to enjoy many art performances during the year-end months.

South Korea restricts budget tours from Vietnam

 Vietnam’s travel agencies offering budget tours valued at less than VND12 million (US$537) a visitor to South Korea can neither receive advertising assistance nor participate in joint tourism promotions from the Korean Tourism Organization (KTO).

HCM City to open VND1-trillion coffer for startups next month

 The HCMC Department of Science and Technology is expected to announce a startup supportive program at the end of November in which VND1 trillion (US$44.7 million) would be lent to young local businesses.

Vinastas to be grilled over fish sauce news

The minister of industry and trade has ordered the Vietnam Competition Authority to set up an interdisciplinary team to check whether Vinastas has complied with law after its release of misleading information about fish sauce.

The most captivating sand dunes in Vietnam

 A dune is a hill of sand built either by the flow of water or winds and they come in an infinite variety of sizes and forms. Here’s our list of the most beautiful sand dunes of Vietnam.

Lotte to jump in e-commerce filed

  The Lotte Group revealed that its e-commerce website, lotte.vn, would be officially launched this Friday.