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How many KhaiSilk stores are there in Vietnam?

The news that KhaiSilk, the premier Vietnamese silk brand, has been found selling made-in-China silk scarves under the name of Vietnam products has stunned the public. But KhaiSilk is not the only business doing so.  

Marine Protected Areas given power to protect sea turtles

VietNamNet Bridge - Vietnam has given power to officials working in marine protected areas (MPAs) in an effort to protect sea turtles. 

Dishwashing, floor-cleaning liquid made of plant waste

At a meeting held on the occasion of Vietnamese Women’s Day on October 20 in Hanoi, a delicate woman caught the special attention when she introduced herself as the inventor of a dishwashing and floor cleaning liquid made of plant waste.

Vietnam pursues goal of ‘universities of international stature’

VietNamNet Bridge - The government four years ago set a goal to have at least one Vietnamese university listed among the world’s top 200 by 2020.

Projects funded by ODA luring in Japanese firms

 Private Japanese firms are boosting their investment in Vietnam with support from their government’s official development assistance for Vietnam.

APEC 2017: Connectivity opportunities and two sides of the coin

 VietNamNet Bridge - Vietnam as well as APEC member economies welcome new opportunities, but also face many challenges to adapt and develop.

Vietnam's livestock, poultry meat market worth $18 billion

More than 3 million tons of meat were consumed in Vietnam in 2016, according to Euromonitor. With a value of $18 billion, Vietnam is the third largest market for meat in Asia, behind China and India.

Uber and Grab requested to use logos on vehicles

 The Ministry of Transport has requested Uber and Grab use their logo on cars so that they can be recognisable.

VN’s manufacturing PMI dips to 51.6 in October

 Vietnam Manufacturing Purchasing Managers’ Index (PMI) dipped to 51.6 in October, from 53.3 in September, with weaker increases in output, new orders and employment, according to Nikkei’s IHS Markit report.

Vietnamese allowed in casinos from early next month

 Vietnamese citizens wanting to enter casinos under a new rule effective early next month must prove they earn regular monthly income of at least VND10 million (US$440).

Mekong Delta region faces storm risk

 The Mekong Delta region is facing two tropical low pressures with one at high risk of turning into a storm, according to the Central Steering Committee for Flood and Storm Control.

Electricity sector gets BOT boost

 Vietnam-based manufacturers are looking forward to a more stable power supply in the near future, with a series of build-operate-transfer power plants speeding up and coming online.

Spurring more funds into startups

 Industry insiders are scrutinising a Ministry of Planning and Investment draft to the decree regulating investment into innovative startups that has recently been publicised to elicit comments from the public.

Tropical low pressure turns into storm

 A tropical depression in the East Sea strengthened into a new storm on November 2, becoming the twelfth typhoon to enter the East Sea so far this year, according to the National Centre for Hydro-Meteorological Forecasting (NCHMF).

Investors rush to buy shares of banks

VietNamNet Bridge - As the banking sector has overcome a difficult period, rich investors have poured money into bank shares, including bankers’ wives, children, fathers, mothers, brothers and sisters.

Foreign-backed local pharma surges

 Vietnam’s pharmaceutical market continues to be a lucrative industry, evidenced by the huge profits reaped by leading drug makers in this year’s first nine months, despite increasingly fierce competition from foreign rivals.

MSCI upgrade not coming until 2020

Vietnam could be classified as an emerging market in 2020 if its free-float rate increases and the market infrastructure becomes better at accommodating foreigners.

German institute to host international symposium on East Sea

 Disputes in the East Sea after the Permanent Court of Arbitration (PCA)’s ruling issued in July 2016 will be tabled at an international symposium to be hosted by the Asia-Africa Institute under the Hamburg University from November 24-25.

Pupils punished for traffic violations in HCM City

 The Department of Education and Training in HCM City has submitted a list of 201 pupils that have violated the traffic regulations in August and September.

Becamex IDC to hold Vietnam’s second-biggest IPO

Becamex IDC will float over 311.2 million shares, equivalent to 23.63 per cent of its charter capital, in its initial public offering (IPO) on December 1 on the HCM Stock Exchange.