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$1.87 billion projected for offshore fishing development

The total investment for the offshore fishing industry for the 2018-30 period has been projected to reach VNĐ42.2 trillion (US$1.87 billion). 

Train-truck collision blocks rail traffic for 4 hours

 A collision between a cargo train and a truck occurred on Thursday afternoon at a railway crossing in Canh Thuan Commune, Van Canh District, Binh Dinh Province, blocking traffic for hours.

GSO: Vietnam’s GDP expands 6.41% in nine months

 Vietnam’s gross domestic product (GDP) in the first nine months of 2017 grew about 6.41 percent as compared to the same period last year, reported the General Statistics Office (GSO). 

Real estate developers in small provinces do big business

VietNamNet Bridge - Though provincial real estate developers are less known than bigger firms in Hanoi, HCMC and Da Nang, they are rivals with powerful financial capability.

Vietnam’s first female ambassador at UNESCO presents her credentials

Ambassador Tran Thi Hoang Mai, head of the Vietnamese Permanent Delegation to the UNESCO, presented her credentials to UNESCO Director-General, Irina Bokova at the organisation’s headquarter in Paris, France, on September 28.

Wanted Vietnamese criminal extradited from Belarus

 Belarusian agencies on September 28 handed over a wanted Vietnamese man to the Vietnamese police for extradition.

PM requires alternatives for Thach Khe iron ore mining

 Government agencies and the Ha Tinh People’s Committee were assigned by the prime minister to hand in recommendations the Thach Khe iron ore mining project before October 5.

Tisco reaches agreement with Chinese contractor to resume multimillion-dollar project

 The long-delayed Thai Nguyen iron and steel plant-phase 2 will be revised after the investor Tisco and the Chinese contractor reached a compromise in resuming the unfinished construction.

Vietnamese female entrepreneurs empowered

In Asian cultures with a strong patriarchal system, women are considered the weaker sex and caregivers. Nowadays, many women replace their husbands as breadwinners instead of doing household chores. 

Woman offers free swimming lessons for children

 A 59-year-old woman in the Mekong Delta province of Dong Thap is teaching hundreds of local children to swim for free despite being deep in poverty herself.

Hanoi metro trial run expected early next year

 Hanoi’s Cat Linh-Ha Dong urban railway route is expected to be piloted in April next year after being delayed several times.

VN sugar industry losing against imported products

 Huge amounts of locally-produced sugar are stockpiled, while the land given to sugarcane growing plummets as imported and smuggled sugar proves more competitive.

28% of expats in Vietnam enjoy a better qualify of life: HSBC survey

 Problems with healthcare, culture, and finances make Vietnam a less favorable second home for foreigners, according to HSBC’s latest Expat Explorer survey. 

VN businesses encounter difficulties seeking entry to Korean market

 A Free Trade Agreement between Vietnam and the Republic of Korea (RoK) took effect in December 2015. However, Vietnamese businesses are finding it more and more difficult to penetrate the market as the RoK tightens up on rules and regulations.

Vietnam feels impact of 4.0 industrial revolution

VietNamNet Bridge - A large company in Hanoi has sacked 80 percent of workers, replacing them with robots. 

Macro economy rosy: VN consultation council

 Macroeconomic indexes have experienced positive changes over the last nine months, showing the effectiveness of Vietnam’s financial and monetary policies, according to the National Financial and Monetary Policy Consultation Council.

Vietnamese women in fascinating start-up culture

Empowering women by giving them control over their finances is not just smart economics but also key to ending poverty and supporting women to start and run businesses contributes directly to this objective.

India to continue supporting Hanoi in IT training

 Chairman of the Hanoi People’s Committee Nguyen Duc Chung hosted a reception in Hanoi on September 28 for Indian Ambassador to Vietnam Parvathaneni Harish who said India will continue supporting Hanoi in human resources training.

November debut set for covered warrants on HCM Stock Exchange

 A new investment tool known as a covered warrant, will start listing and trading on the HCM Stock Exchange (HOSE) on November 20, according to MB Securities Company (MBS).

Saigon Securities warns investors of scam applications

Saigon Securities Inc (SSI) has warned its investors against downloading scam programmes that could counterfeit the brokerage firm’s applications and steal investors’ information.