About 20 million tons of mushroom are consumed every year worldwide. In Vietnam, the demand for mushrooms as food and medicinal purposes has been increasing rapidly.

 Andy Ho, managing director and chief investment officer of VinaCapital, said Vietnam has a lot of great businesses to invest in and the economy is stable and growing.

 Investors are concerned about a low return on investments in oil and gas projects in Vietnam.

 As many banks have almost reached the lending cap set for the whole year, they are now seeking ways to mobilize funds to meet the demand for loans among individual and corporate customers that tends to surge towards the end of the year.

 The Phu Tho provincial People’s Court on November 12 brought to trial two former senior officers of the Ministry of Public Security (MoPS) and 90 accomplices for their alleged involvement in a major online gambling ring.

 Vietnam’s futsal team lost to Indonesia 3-1 in the third-place playoff of the ASEAN Football Federation (AFF) Futsal Championship in Indonesia on November 11.

 The National Assembly (NA) started the fourth week of its sixth meeting on November 12, during which the deputies are expected to adopt three resolutions and a bill.

 There has been no report on any Vietnamese national among the deaths caused by the wildfires that are raging through California, the US, killing at least 25 people as of November 11, according to the Vietnamese Embassy in the country. 

The 14th National Assembly adopted a resolution on adjustments to the medium-term public investment plan for 2016-2020 with 89.48 percent of votes on November 12 during the on-going 6th session.  

 Under the amended law, the ranking will include one general, maximum six colonel generals, no more than 35 lieutenant generals, and at most 159 major generals.

 With the high growth potential, coworking space is promising to bring tremendous utility not only for the users but also a ‘piece of cake’ which is attractive for both foreign and domestic investors.

 The spokeswoman affirmed that Vietnam treasures the relationship with Germany and is working with the European country to strengthen the bilateral ties.

 Hazardous alcoholic consumption deprives valuable resources presumably allocated to health care and development in Vietnam.

 Vietnamese workers in South Korea and Japan earn US$1,000-1,200 per month on average, the highest among the Vietnamese people working overseas, news site VnEconomy reported.

 Mobile subscribers of the country’s major mobile service providers can use a mobile number portability (MNP) service, which allows them to retain their phone numbers when switching carriers, from November 16.

 Vietnam ranks second among six surveyed ASEAN countries and 19th globally as a country where expats are eager to live and work in the 11th annual Expat Explorer survey by Hongkong and Shanghai Banking Corporation (HSBC).

 HCMC-based operators of hotels, especially luxury ones, are performing well this year, with room occupancy at many hotels amounting to an estimated 80%-90% this year.

 The HCMC Department of Home Affairs has decided to attract more foreign talent in various sectors in the city, reported VnExpress news site, citing the fourth draft plan on attracting staff with special talents to HCMC in the 2018-2022 period.

 Many bus companies and transport cooperatives in HCMC have stressed the need to change the way bus subsidies are calculated to minimize their losses.

VietNamNet Bridge - Many commercial banks are now trying to win the hearts of young people, who could be big borrowers in the future.