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More consistent foreign arbitration rules needed for investment

 Vietnam has made significant progress in aligning its policies on foreign arbitral awards with international standards, but it needs to foster enforcement capacity to enhance trust and confidence of foreign businesses.

Hanoi attracts 20 tourism projects in 2016-17

 The capital city has attracted 20 projects in the tourism sector in the 2016-17 period, a report from the municipal People’s Committee revealed.

Spectacular horse racing without saddles on Da Lat’s pink grass hill

Horse racing without saddles was recently held on pink grass hill near Dankia-Suoi Vang Lake for K’Ho ethnic people living at the foot of the Langbiang mountain in Da Lat city.

Le Quang Liem wins chess bronze at Mind Sports Games

Vietnamese Grandmaster (GM), Le Quang Liem, won a bronze medal at the second International Mind Sports Association Elite Games, ongoing in Huai’an City, Jiangshu, China.

ThaiBev set to buy 51 percent of Sabeco through Vietnamese unit

 Thai Beverage will bid as a domestic investor in the Sabeco stake sale as it aims to dodge the foreign ownership limit in Vietnam's leading brewery.

Dak Nong official held for violating forest regulations

 The People’s Procuracy in the Central Highlands province of Dak Nong approved an arrest warrant against Chairman of the People’s Committee of Truong Xuan commune, Pham Quoc Thuy.

What will foreign investors do with strong Vietnamese brands?

VietNamNet Bridge - Analysts have warned that strong brands may disappear once foreign investors buy into Vietnamese companies.

Vietnam needs draw to enter M-150 final

 Vietnam has a chance to enter the final of the M-150 Cup friendly football tournament in Thailand after Uzbekistan tied with Myanmar 2-2 in Group B activity on December 11.

VN wins junior gold at Asian champs

 Phan Van Tuan of Vietnam took gold for the second day in a row after winning the men’s 800m surface at the Asian Junior Finswimming Competition on December 12 in China.

Vietnam in Group A at Asian futsal tourney

 Vietnam is in Group A at the Asian Futsal Championship 2018, according to an announcement by the Asian Football Confederation (AFC) on December 12.

Retail sector searches for common ground

 Against global recession and financial crisis, Vietnam’s retail industry has cemented its position in the economy as an effective bridge between producers and consumers, actively orienting buyers towards domestic products.

Green-growth plans in Northern VN lacks lustre

 People have gathered in the central province of Bac Lieu to attend the 9th Southern Folk Music and Songs Festival of the Provinces of Soc Trang, Bac Lieu and Ca Mau.

Vietnam Beverage eyes 25 percent Sabeco stake

The Ministry of Industry and Trade on December 11 announced that an investor has registered to hold at least 25 percent of Sabeco, of which the Government is going to sell stake equal to nearly 5 billion USD.

Markets buoyed by Sabeco news

 Shares performed well on the Ho Chi Minh Stock Exchange on December 12 on the efforts of energy and beverage stocks following news about the State’s divestment from largest brewer Sabeco and a jump in oil prices.

Vietnam draws with Myanmar in U21 International event

 Vietnam’s U19 team drew 1-1 with Myanmar in the first match of the Thanh Nien (Young People) newspaper’s International U21 Football Tournament in Can Tho on December 12.

PM acknowledges business contributions to Vietnam economy

 The business community will define the future of the Vietnamese economy in the coming decades and serve as an important driving force to achieve prosperity, stated Prime Minister Nguyen Xuan Phuc.

SMW-3 submarine cable to be fixed by December 26

 Asia-Middle East-Western Europe (SMW-3) submarine cable troubles are expected to be fixed between December 21-26, 2017 instead of December 10 as planned, according to a representative from the Vietnam Post and Telecommunication Group (VNPT).

HCM City calls for more investments of US technological groups

 Nguyen Thien Nhan, Secretary of the Ho Chi Minh City Party’s Committee, has called on US technological groups and companies to expand their investment and cooperation in the city. 

New SBV decree to ease gold trading regulations

 The State Bank of Vietnam (SBV) is collecting feedback for a decree on gold trading, which will include a monopoly for the central bank on accepting gold deposits.

Deputy FM: APEC Year 2017 outcomes to be realised

 Permanent Deputy Foreign Minister Bui Thanh Son asked ministries and agencies to focus on realising outcomes reached during the APEC Economic Leaders’ Week.