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Food Week in Hanoi to feature regional cuisine

 A Food Week showcasing the specialties typical of three regions in Vietnam will open at Vinhomes Riverside, Long Bien district, Hanoi, from November 7-15.

VN female workers still at a disadvantage

 VietNamNet Bridge – The Minister of Labour, Invalids and Social Affairs Pham Thi Hai Chuyen spoke to the Lao dong (Labour) newspaper about the difficulties facing female workers on Saturday, Oct 24.

Vaccine still used after baby deaths

A representative of the Ministry of Health confirmed that Quinvaxem vaccine would continue to be used in the national immunisation program when responding to queries on the recent death of babies after being vaccinated.

BUSINESS IN BRIEF 4/11

Vietnam’s Top Brands 2015 announced, First oil flows from new rig in Te Giac Trang field, Rice market gains momentum, Phu Quoc-Guangzhou air route to open in 2016, Vietnam meets five-year energy savings target

Police smash illegal gambling ring in HCM City

 Police Department of Criminal Investigation in Social Order (PC45) in HCM City smashed an illegal lottery gambling ring and arrested 14 people for organising gambling sessions.

Da Nang to host East Asian Seas Congress 2015 this month

The fifth East Asian Seas Congress will take place from November 16-21 in the central city of Da Nang, gathering 700 Vietnamese and foreign delegates.

Vietnam shares security issues at ADMM Retreat

 Vietnam and other ASEAN member countries shared regional security issues at the ASEAN Defence Ministers’ Meeting Retreat (ADMM Retreat) in Kuala Lumpur, Malaysia on November 3. 

Lawmakers propose measures to promote economic growth

 National Assembly (NA) deputies proposed a number of measures to promote the economic growth at their discussions on November 3 as part of the ongoing 13th NA’s 10th sitting. 

Qatari investor withdraws from petrochemical complex

 In a report submitted to the government the Key Projects Management Board advised that the Qatari investor has officially withdrawn from the Long Son Petrochemical Complex project.

Standard Chartered cuts 15,000 jobs and raises $5.1bn

 Standard Chartered, the Asia-focused UK bank, is to cut 15,000 jobs by 2018 and raise $5.1bn (£3.3bn) to create a "focused and well-capitalised" group.

Pakistan Shaheen Air plane crash landing injures 10

 A plane has crash landed in Pakistan's Lahore, injuring at least 10 people, local media report.

Small manufacturers refuse to distribute their products through supermarkets

VietNamNet Bridge - In order to be able to display products at supermarkets, manufacturers have to satisfy many requirements set by supermarkets, including extremely unreasonable ones.

Sacombank’s Tram Be forced to go

 Sacombank’s permanent vice chairman Tram Be is required to leave the bank by October 30 and deal with debts he is responsible for, according to a statement issued by the State Bank of Vietnam (SBV).

Gov’t delays sending wage hike plan to NA due to budget constraints

 The Government will postpone proposing a plan on wage raise for state employees to the National Assembly (NA) for consideration until the legislature’s meeting in March 2016 due to budget constraints

VN Food Association denies rumors on 25% broken rice export halt

 The Vietnam Food Association (VFA) has dismissed as groundless rumors that Vietnamese enterprises have suspended export of 25% broken rice due to an undersupply of this product on the domestic market.

Tourist boats in Ha Long Bay suspended for waste treatment failures

 Quang Ninh Department of Transport temporarily halted the operation of 153 tourist vessels in Ha Long Bay which failed to meet waste water treatment standards.

Vietnam ranks 55th in world prosperity index

 Vietnam is ranked 55th among 142 countries in this year’s Prosperity Index, according to a report released by the UK think tank The Legatum Institute on November 2.

Water sources questioned after PepsiCo owns up

Under pressure from international public opinion about misleading marketing, PepsiCo has recently confirmed that water used in its Aquafina brand is treated tap water. 

SCG releases Q3 business report

SCG in Vietnam had $707 million in total assets in the third quarter of the year, an increase of 15 percent year-on-year, mainly from its investment in the Prime Group and the acquisition of Batico.

French retailer Auchan lands in Hanoi

 France’s leading retail group Auchan will sign a strategic cooperation contract with Mipec on November 3 to get its supermarket chain underway in Hanoi. A contract to lease space at the Mipec Long Bien Commercial Center will also be signed.