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Netflix reverses subscriber slump, shares surge 14%

Netflix reverses subscriber slump, shares surge 14%

Netflix Inc reversed customer losses that had hammered its stock this year and projected more growth ahead, reassuring Wall Street as it prepares to offer a new streaming option with advertising. Shares of Netflix jumped 14% in after-hours trading, boosted in part by the streaming giant’s forecast that it would …

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Seaside Can Gio to become HCMC resort town

Ho Chi Minh City will make Can Gio District a beach town that provides eco-tourism services by 2030. The only seaside district of HCMC, Can Gio will be shaped into a national key tourist area, with the service sector making up 75% of its total production value by 2030, according …

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Avoid conflict escalation in Korean peninsula, Vietnam urges

Vietnam has called for all stakeholders to keep their composure, maintain dialogue and avoid conflict escalation on the Korean Peninsula. At a meeting in Hanoi with visiting South Korean counterpart Park Jin, Vietnamese Foreign Minister Bui Thanh Son said Vietnam was always attentive to the situation on the Korean Peninsula. …

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Vietnam hands over 9 Chinese nationals rescued at sea

Nine Chinese who were rescued by Vietnamese fishermen while drifting at sea in September were handed over to China Tuesday. The Chinese citizens boarded a China Southern flight from the Phu Quoc International Airport in the Mekong Delta’s Kien Giang Province at 11:45 a.m. Late last month, Pham Xuan Hoang, …

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$600-mln expansion proposed for HCMC-Dong Nai expressway

HCMC – Long Thanh – Dau Giay Expressway linking the city with its neighbor Dong Nai Province should be extended to eight or 10 lanes with VND14.8 trillion ($605.6 million). Vietnam Expressway Corporation (VEC), which manages the expressway, has proposed to the Ministry of Transport that a 21.9-kilometer section of …

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Truck driver fined for obstructing ambulance

A man in northern Vietnam had his truck seized and was fined VND20 million ($819.25) for obstructing an ambulance en route to hospital for over four kilometers. At 5:30 p.m. Monday, an ambulance of northern Vietnam’s Tuyen Quang Province general hospital was transporting a patient suffering from a ruptured liver …

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