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BUSINESS IN BRIEF 14/10

Tan Son Nhat Airport to have US$283-million expansion, Drug and medicine imports surge sharply, Vietnamese people drink beer in greater volume, Phu Quoc sees $8b in resistered capital, Moody’s rewards Techcombank’s performance

Angus Deaton wins 2015 Nobel Prize in Economics

 The 2015 Nobel Prize in Economics, or officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was awarded to economist Angus Deaton "for his analysis of consumption, poverty, and welfare",

Real estate companies resume competition as property market heats up

VietNamNet Bridge - As the real estate market has bounced back, the battle among real estate service providers has resumed. 

Indonesia's costly haze problem

 Flights cancelled, agricultural land destroyed and hundreds of thousands of people around the region suffering from respiratory illnesses.

Huong Ly is winner of Vietnam's Next Top Model 2015

VietNamNet Bridge – A 1.76-m tall girl from the resort city of Da Lat – Huong Ly – is the winner of the Vietnam’s Next Top Model, season 6.

Photos: The scary culinary specialties of Vietnam

 VietNamNet Bridge – Although they are specialties, dishes prepared with scorpions, worms and mice can scare many diners.

Art & Entertainment News In Brief

 Oktoberfest Vietnam 2015 kicks off at Windsor Plaza, Second ASEAN Graphic Arts Exhibition scheduled for Hanoi, Hanoi to host Spanish concert, Oxen race at Khmer Dolta festival in An Giang

Sympathy sent to Turkey on great losses from terrorist attack

 Sympathy sent to Turkey on great losses from terrorist attack, Party chief meets Hanoi constituents ahead of NA meeting, President talks with constituents in HCM City, Increasing domestic production essential: NA leader

Social News 13/10

Ha Noi to evaluate status of decaying buildings, HCM City hospital carries out liver transplants, Vietnam to raise road safety awareness, MoT gets nod to court investors for new bridge, Russia-HCMC flights delayed

Vietnam lose to Australia at ASEAN futsal tourney

 VietNamNet Bridge – Viet Nam yesterday (Oct 12) lost 5-6 to Australia in the last match of the group round at the ASEAN Football Federation's Futsal Championship in Bangkok, Thailand.

Half a billion USD in reserves to support three ailing banks’ liquidity

The restructuring of three ailing banks, which the State Bank of Vietnam took over at zero dong, has begun. VND11 trillion is the amount of money that Ocean Bank, GP Bank and CB have to pay to depositors and use to expand their business.

Liem is Millionaire Chess Open runner-up

 VietNamNet Bridge – Vietnamese chess grandmaster Le Quang Liem could not defeat US rival Hikaru Nakamura (elo 2814) at the final round of the Millionaire Chess Tournament in Las Vegas, which was wrapped up on October 13.

Wimbledon champions lose at VN Open

 Ly Hoang Nam and his partner Sumit Nagal lost 3-6, 7-5, 6-10 in their first men's doubles match of the ATP Challenger Viet Nam Open yesterday in HCM City.

Hanel electronics to sell 61% stake

State-owned electronics and IT firm Hanel Co Ltd has been given permission to sell a 61 per cent stake to strategic investors in an equitisation expected within this year.

Hanoi - A culinary paradise

 VietNamNet Bridge - With many street dishes prepared on the spot, the Telegraph newspaper names Hanoi among the top cities in the world for food, besides Bangkok and Singapore.

Inside the palace of Vietnam’s last king

 VietNamNet Bridge - After abdicating the throne, the last king of Vietnam – Bao Dai – asked to keep An Dinh Palace, which was built by his father - Emperor Khai Dinh – outside the Hue royal citadel, as the home of his family.

Gov't proposes higher tax on vehicles

  The Government wants to raise the special consumption tax on vehicles with high engine displacement, according to a statement it delivered to the National Assembly recently.

Vietnam has first online university

 A ceremony was held in Hanoi on October 13 to launch the online university FUNiX under the FPT Education System. 

Vietnam’s 40 leading IT companies unveiled

 A list of 40 leading information technology (IT) companies in Vietnam was announced by the Vietnam Software and IT Services Association (VINASA) at a press conference in Hanoi on October 12. 

Vietnamese author releases travel book

 VietNamNet Bridge – Best-selling author Di Li has released her latest book, Nu Hon Thanh Rome (Kisses in Rome), recording her trips to various cities in Europe and the Middle East.