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World’s top DJs to perform in Saigon

 A Belgian electronic DJ duo composed of brothers Dimitri Thivaios and Michael Thivaios will travel to Ho Chi Minh City for the Hypersonic Music Festival which will be held at the Military Zone 7 Stadium on November 27.

Securities companies open door to foreign investors

VietNamNet Bridge - Two Vietnamese securities companies have announced they will remove the foreign ownership cap on shares. Who will be next?

Central Bank warns on USD speculation

 The State Bank of Viet Nam has issued an urgent circular to curb speculation and hoarding of US dollars by enterprises.


Vietnam takes 15 gold medals at Asian Age Swimming Champs

 Vietnamese swimmers lived up to expectations, amassing 15 gold medals at the 8th Asian Age Swimming Championship, which finished in Bangkok, Thailand on October 4. 

Vietnam's FDI jumps over 53 percent in nine months

 As many as 17.15 billion USD in foreign direct investment (FDI) was poured into Vietnam in the first nine months of 2015, a year-on-year surge of 53.4 percent, according to the Ministry of Industry and Trade.

Members put pen to paper on TPP

 Trade ministers of 12 Trans-Pacific Partnership (TPP) member states have reached the final consensus on the world’s largest free trade agreement. 

HCM City in need of manual workers

 More manual workers will be recruited over the next three months in HCM City to prepare for the Tet holiday next year, a survey conducted by the Centre for Human Resource Forecast and Labour Information has found.

Dispute leaves old gates in ruins

 VietNamNet Bridge – Prolonged controversy and lack of co-ordination in management over the last two decades has left the historic brick-built Hai Van Gate between Da Nang and Thua Thien-Hue in ruins.

Vietnamese, Lao fronts forge cooperation in ethnic, religious affairs

 The Vietnam Fatherland Front (VFF) and the Lao Front for National Construction (LFNC) shared experiences in ethnic and religious affairs towards tightening relations between the two countries’ Parties, States and peoples. 

Parents question frequent changes of English textbooks

Students in HCM City this year began using English textbooks based on Oxford Publishing Houses’ Family and Friends series, compiled by the HCM City Education and Training Department and published by the Education Publishing House.

Military officials promoted to General

 President Truong Tan Sang announced the promotion of two senior Vietnamese military officials to General ranking during a ceremony in Hanoi on October 5. 

Private sector the economic driver

 Workshop hears views on the importance of the private sector to Vietnam's development.

Imposing PonGour Waterfall in Central Highlands

 VietNamNet Bridge – PonGour Waterfall in PonGour eco-tourist site is a highly recommended destination for those visiting Lam Dong Province’s Duc Trong District, around 50 kilometers from downtown Dalat City.

Are 15 banks enough for Vietnam?

VietNamNet Bridge - In many people’s thoughts, restructuring banks means reducing the number of banks. How many banks will there be in Vietnam when the bank restructuring process is completed?

VN property market still recovering

 Viet Nam's economic recovery in the third quarter and the amended laws on Housing and Real Estate Trading have facilitated the recovery of the country's real estate markets.


El Nino weather patterns to be harsh through early 2016

 VietNamNet Bridge – The El Nino weather patterns are expected to be severe between this October and next February, possibly causing serious water shortages in many areas across Vietnam, experts forecast.

Glamour of Indonesian Fashion coming to Vietnam

 It has been unveiled that internationally acclaimed fashion designer Sebastian Gunawan will attend Vietnam International Week set to kick off on October 15 at the Gem Centre in Ho Chi Minh City.

Professionals leave fast track for their health

 VietNamNet Bridge – Petite Tran Mai H gave up her stable job and high income as a planning architect to return to the countryside and live as a local farmer some years ago.

Jobless youth rate hits alarming high

 VietNamNet Bridge – Even though Viet Nam's unemployment rate remains at just over 2 per cent, the youth unemployment rate is three times higher, affirmed a report on the socio-economic situation till September.

BUSINESS IN BRIEF 6/10

 MoF borrows $1.3 billion from SBV, SBV issues circular on foreign exchange, Vietnam Best Places to Work Survey kicks off, SCIC to offload Constrexim stocks, Surge in loans shifts Vietnam’s housing stock