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Foreign investors snap up prime office space in downtown Saigon

Foreign investors have massive interest in building Grade A office for lease in downtown Saigon due to high market demand.

Foreign investors currently own majority stakes in about 50 percent of high-end office buildings in downtown Saigon. A newly-released Savills Vietnam report said investors from Singapore, Hong Kong, Japan, South Korea, Germany and Slovakia own stakes in nine Grade A office complexes in prime Saigon locations. Asian investors hold a …

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Brunei fines four Vietnamese for illegal fishing

Fishermen ride on a bamboo boat off Vietnam's central Quang Ngai Province.

Four Vietnamese fishermen have been fined between $723 and $7,234 for illegally fishing in Bruneian waters. The fishermen’s vessel was found approximately 130 nautical miles off the coast of Brunei and they were apprehended by the Royal Brunei Navy September 27, according to a statement from the country’s Ministry of …

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Two Vietnamese dog thieves arrested in central Vietnam

Le Viet Dat and Dang Ba Dat are held at a police station in Nghe An Province for alleged dog theft.

Police in Nghe An Province have arrested two men who’d stolen at least 11 canines before they were caught. The duo are being held under the charge of “stealing property,” a crime punishable by up to three years in prison and for “resisting officials in the performance of their duties,” …

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Infected meat poisoned school kids in north Vietnam

Ambulance takes Dinh Tien Hoang pupils in Ninh Binh Province to hospital after lunch on October 5, 2018. e

An infection causing bacteria has been found in a school lunch that sickened 352 children in northern Vietnam last Friday. Vu Manh Duong, Director of Ninh Binh province’s Health Department, said that tests done on food samples showed the presence of yellow staphylococcus bacteria in the lunch served to pupils …

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More graduates needed for social sciences, humanities fields

Chợ Rẫy Hospital’s social work division offers free hair washes and cuts to patients.

Economic development in recent years has shown the importance of the social sciences and humanities, but the number of graduates trained in these fields has failed to meet demand, according to experts. Speaking at a conference at HCM City’s Văn Hiến University on Saturday (September 22), Dr Hoàng Trọng Quyền, …

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Man battles against cancer after father’s death

(right to left) Nguyen Dau Hoa and his daughter and mother

A man in Nghe An Province is in need of financial support to help treat cancer after his father died of the same illness and his mother was diagnosed with molar tumour. 38-year-old Nguyen Dau Hoa has suffered greatly as illnesses plague his family. After getting married, Hoa’s wife entered …

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Vietnamese firms can and should buy into FDI peers, PM says

Seamstresses work at a foreign invested garment factory in Vinh Phuc province.

PM Nguyen Xuan Phuc said Thursday that domestic enterprises should actively acquire stakes in foreign domestic investment (FDI) companies. Speaking at a conference on “30 years of FDI mobilization,” he said this would be a strategically sound move. By leveraging the current market and distribution channels that the FDI firms …

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