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Forbes’ billionaire comes to Vietnam?

 VietNamNet Bridge – A breaking piece of news has been released and spread out from a media company: Bruce Kenneth Forbes, a member of the US honorable Forbes family came to Vietnam. 

Vietnam remains poor amid golden forest and silver sea

 VietNamNet Bridge – Vietnam, known as one of the world’s biodiversity centers with rich and diversified natural ecosystems, has seen the biodiversity degrading rapidly.

FIE’s products encroach on traditional markets

 VietNamNet Bridge – Foreign invested enterprises (FIEs) have been “flattering” petty merchants by offering attractive preferences in an effort to encroach on the traditional markets, considered as the “territory” of domestic products.

HCM City's hidden Chinatown lies in wait for intrepid tourists

 VietNamNet Bridge – It is not common for Vietnamese to explore Cho Lon, HCM City's Chinatown, in District 5, but I decided to do so because many foreign tourists put it at the bottom of their travel lists.

Floating community grounded by poverty

 VietNamNet Bridge – Boat people have been a part of life in many South-east Asian countries for hundreds, perhaps thousands of years. Their distrust of land dwellers is often a shared emotion,

Vinashin to lay off 14,000 workers

 VietNamNet Bridge – According to the state-owned shipbuilding company Vinashin’s plan to restructure and revamp, the company intends to keep only a workforce of 8,000 workers and lays off nearly 14,000 others.

Far East Movement to perform in Saigon

 VietNamNet Bridge - American band Far East Movement will perform in Ho Chi Minh City in the program of the same name on the night of September 22 at the Fuse Bar, 138 Le Lai, Pham Ngu Lao Ward, District 1.

11 Vietnamese trained in aerospace technology in Japan

 VietNamNet Bridge – The Vietnam National Satellite Center (VNSC) has sent 11 officers to Japan for training in aerospace technology at five universities in Japan under the Vietnam Aerospace Center Project.

Central bank eases debt hurdle

 VietNamNet Bridge – Many banks are hoping to offload their bad debts on the new asset management company after the central bank removed a major hurdle to selling their bad debts to the new asset management company,

Eight delicious Chinese cuisines in Saigon

 VietNamNet Bridge - Along with cuisines of various regions in Vietnam, Chinese cuisines with unique characteristics contribute to the multicolored culinary painting of Saigon.

The beauty of Tra Vinh through Khmer temples

 VietNamNet Bridge – Tra Vinh has a big community of Khmer people so it is also the home to cultural treasures of the Khmer, including the system of more than 140 temples.

Top bartender hopes to inspire next generation

 VietNamNet Bridge – Vietnam’s number one bartender Le Thanh Tung, 25, is hoping to inspire the next generation by lecturing at the Tourism School in HCMC and bartending clubs.

Severe power shortage to hit next dry season

 The Ministry of Industry and Trade, and Electricity of Vietnam (EVN) have warned of severe shortage of power during the next dry season as existing hydropower plants are now old and new ones have still not been constructed.

BUSINESS IN BRIEF 18/9

 Tax incentives likely for tech-savvy enterprises; Vinh Long courts investors to back $1.1b project plan; Auto sales August surge bodes well for yearly target; Healthy appetite for animal feed raw material imports

Delayed tourism project leaves families jobless

 VietNamNet Bridge – Eight years after it was licensed, the project to develop Binh Tien Tourist Park in Cong Hai Commune in Ninh Thuan Province's Thuan Bac District has made no progress. No facility has been built on the land where 72 families live.

MobiFone may be separated from VNPT

 VietNamNet Bridge – The restructure plan of the Vietnam Posts and Telecommunications Group (VNPT) is expected to launch in September, in which MobiFone will likely be separated from the group.

New Zealand commits ODA to Vietnam

 VietNamNet Bridge – Deputy Prime Minister Bill English has said the New Zealand government will continue providing official development assistance (ODA) to Vietnam at a steady level.

Two American dancers visit Vietnam

 VietNamNet Bridge – Two American dancers from the “So you think you can dance” programme are due to be in Vietnam on September 17.

Vietnam considers setting up a ministry to manage SOEs

State owned enterprises (SOEs) which have been heavily criticized for the ineffective operation, would be put under the management of a committee or a specific ministry instead of the governing ministries as currently.

Historic victory for Vietnam at Davis Cup

 Vietnam beat Hong Kong at the Davis Cup‘s BNP Paribas Asia/Oceania Zone Group III on September 15, qualifying for Group II of next year’s event.