MOLISA and Bloomberg join hands to prevent child drowning

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A cooperation agreement on child drowning prevention has been signed between the Ministry of Labour, Invalids and Social Affairs (MOLISA) and the Bloomberg philanthropy.

Speaking at the signing ceremony on Friday afternoon, MOLISA Deputy Minister Nguyễn Thị Hà said that in the period of 2010-13, about 2,800 children drowned every year. The number of child drowning cases decreased in the period of 2015-17, with about 2,000 cases annually.

“However, the number remains high and drowning is the biggest cause of fatalities in children. Studies show that Vietnamese children drowning at rates higher than in other Southeast Asian countries and eight times higher than in developed countries,” said Hà.

Families’ and community’s awareness of the issue was limited, she said. Supervision of children, especially in rural and poor remote areas, is often limited as they play outside.

Localities lack swimming teachers and infrastructure for teaching the skill, so children don’t know how to be safe near water and their surroundings contain many latent risks.

Deputy Minister Hà said that during the past few years, different organisations such as the World Health Organisation and the Bloomberg philanthropy have actively supported Việt Nam in preventing child drowning. Hà expressed her belief that in the future, with help from the organisations, child drowning prevention projects will be implemented effectively in different provinces and cities.

Kelly Larson, director of the public health programme under the Bloomberg philanthropy, said that since 2012, the philanthropy had assisted child drowning prevention programmes in Bangladesh and Philippines.

The programmes have been conducted well in the two countries over the past five years.

Larson said she hopes that with cooperation between MOLISA and the Bloomberg, the work of child drowning prevention would achieve effective results.

Source: VNS

Vietnam’s policies take effect since June

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Farmers classified as poverty shall receive up to 90pc subsidy of insurance premiums, according to the Government’s Decree No. 58/2018/ND-CP on agricultural insurance dated April 18, 2018 and scheduled to take effect since June 5.

Vietnam Government Portal reported, organizations, which apply high technologies in large-scale agricultural production shall receive up to 20pc of insurance premium subsidy, the Decree stipulates.

The issuance of the Decree aims to improve the quality of enforcing the national target program on building new-style rural areas in association with restructuring the agriculture sector.

The Government issued Decree No. 59/2018/ND-CP dated April 20, 2018 amending and supplementing a number of articles of Decree No. 08/2015/ND-CP dated on January 21, 2015 on customs procedures and customs control.

The Decree will take effect since June 5.

Decree No. 63/2018/ND-CP, which was issued on May 4, 2018 and takes effect since June 19, stipulates investor’s equity ratio in public-private projects.

Accordingly, investors are responsible for contributing and mobilizing capital for project implementation.

For project with total investment capital of up to VND 1,500 billion, the equity capital that investor must maintain is at least 20pc of the total investment capital.

For project with total investment amount of more than VND1,500 billion, investor must maintain at least 20pc for portion of up to VND1,500 billion and at least 10pc for investment portion that exceeds VND1,500 billion.

Under Decree No. 64/2018/ND-CP dated May 7, 2018, violation in the field of domestic animal and aquaculture feed shall be fined up to VND 200 million.

The Decree will take effect since June 22.

The Government will provide financial support worth up to VND 10 million for each ha of newly planted forest since June 19, according to Circular No. 02/2018/TT-BKHDT of the Ministry of Planning and Investment.

The Circular was promulgated to detail implementation of the Prime Minister’s Decision No. 38/2016/QD-TTg on some policies for forest protection and development.

By Quang Minh

Vietnam weighs up the cost of smoking on citizens’ health

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The fact that Vietnam’s tobacco price is among the cheapest in the world is believed to have led to widespread use that has resulted in more than 36,000 deaths a year.

According to date from the Vietnam Tobacco Control Fund under the Ministry of Health, smoking now claims over 100 lives in Vietnam every day and the number is expected to nearly double in 2030.

The Global Adult Tobacco Survey (GATS), conducted by the ministry and the General Statistics Office in 2015, showed that 53.5 per cent of non-smokers – about 28.5 million adults – were exposed to tobacco smoke at home, and 36.8 per cent of non-smokers who worked indoors – 5.9 million adults – were exposed to tobacco smoke in the workplace.

Other statistics show that almost 61 per cent of students started smoking between the ages of 7 and 13.

The World Health Organisation (WHO) said that non-communicable diseases contribute to 73 per cent of all deaths countrywide. Tobacco use is one of the major causes.

Medical experts said tobacco smoking is a leading factor causing an increasing risk of contracting heart-related diseases. The increase is proportional to the amount of tobacco and the smoking time.

It costs the country’s smokers a total of US$1.36 billion (about Bt44 billion) each year. In addition to the cost of smoking, the total cost of treatment and damage due to illness and premature death for five groups – lung cancer, gastrointestinal-respiratory cancer, chronic obstructive pulmonary disease, heart attack, and stroke – caused by smoking costs over $1 billion per year.

According to the United States’ Centre for Disease Control and Prevention, smoking during pregnancy causes additional health problems, including premature birth, certain birth defects, and infant death.

Smoking makes it harder for a woman to get pregnant. Women who smoke during pregnancy are more likely than other women to have a miscarriage. Smoking can cause problems with the placenta – the source of the baby’s food and oxygen during pregnancy. For example, the placenta can separate from the womb too early, causing bleeding, which is dangerous to the mother and baby.

Smoking during pregnancy can cause a baby to be born too early or to have low birth weight – making it more likely the baby will be sick and have to stay in hospital longer. A few of these babies may even die.

Smoking during and after pregnancy is a risk factor of Sudden Infant Death Syndrome. Babies born to women who smoke are more likely to have certain birth defects such as cleft palate.

Vietnam is among the cheapest 15 countries in which to buy tobacco, with a pack of cigarettes ranging from 24 to 88 US cents.

Experts believe the low price of tobacco products is the main cause leading to its widespread use.

The tax on tobacco products is quite low compared to other countries, at about 35-40 per cent of retail price while the world average rate is 56 per cent. It is much lower than the WHO’s suggested 70 per cent.

Consumption tax

In response to the situation, the Ministry of Finance proposed two plans to raise tax on tobacco at a meeting held early May.

The first plan is to collect the special consumption tax of 4 cents per pack of 20 cigarettes and 44 cents per cigar from 2020. In the second plan, the special consumption tax will increase from 75 per cent to 80 per cent in 2020 and 85 per cent in 2021.

However, many experts said the rate is still low. They suggest that the additional charge should be 11-22 cents per pack of 20 cigarettes.

Phan Thi Hai, deputy director of the Tobacco Consequences Prevention Fund under the Ministry of Health, said the ministry agreed with the suggested additional charge.

Dao The Son, a lecturer at Hanoi’s Commercial University, said by increasing tax to 22 cents per cigarette pack, Vietnam could stop 1.8 million people from smoking, prevent 900,000 smoking-related early deaths and earn $470 million for the State budget each year.

In addition to raising tobacco tax to reduce the number of smokers, authorised agencies have launched supporting programmes to help smokers in quitting tobacco. For example, Hanoi-based Bach Mai Hospital and Ho Chi Minh City-based Gia Dinh Hospital have run hotlines to give advice for thousands of smokers in an attempt to quit tobacco.

The programmes, which have run for several years, have shown initial positive results.

Source: Viet Nam News

ASEAN Manufacturing PMI continues to improve in May

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TOKYO — The Nikkei ASEAN Manufacturing Purchasing Managers’ Index, or PMI, rose to 51.5 in May from 51.0 in April, reaching the highest level since July 2014.

May data showed six of the seven countries covered by the survey indicating an improvement in manufacturing conditions, up from five in April.

Vietnam overtook Myanmar to lead the ASEAN manufacturing PMI rankings, as growth in its manufacturing sector picked up in May. The Philippines was close behind after registering a faster improvement in operating conditions.

Bernard Aw, principal economist at IHS Markit, which compiles the survey, said “It’s becoming increasingly apparent that underlying growth momentum has picked up in recent months, especially in terms of new business. However, the upturn remained marred by rising costs. Increased prices for raw materials, especially oil and metal, as well as global shortages, continued to push firms’ costs higher.”

Vietnam’s Techcombank slides in trading debut

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Vietnamese lender Techcombank shares traded at 102,400 dong ($4.49) in their debut on Monday, down 20 percent from their reference price and the lowest trading limit for the shares allowed on their maiden day of trade.

Techcombank, formally known as Vietnam Technological and Commercial Joint Stock Bank, raised $922 million in April in one of Vietnam’s biggest offerings. Reuters reports

The shares are allowed to move 20 percent higher or lower than the reference price on the first day of listing, according to exchange trading rules. ($1 = 22,790 dong)

Reporting by Mai Nguyen; Editing by Edwina Gibbs

Mekong Capital announces investment in Vua Nem JSC of Vietnam

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Vietnam-focused private equity firm Mekong Capital has completed an investment in mattress and bedding solution provider Vua Nem Joint Stock Company through its $112.5-million Mekong Enterprise Fund III (MEF III).

The investment value, however, was not disclosed. The deal marks the seventh investment by MEF III that was launched in 2015.

In a statement, Mekong Capital said that the funding will help Vua Nem merge its two brands Dem.vn and Vuanem.vn into a single brand Vua Nem, build a new e-commerce website and expand its network to 300 stores across the country by 2022. “We are excited about this partnership with Mekong Capital. DealStreeAsia reported

They are the leading private equity firm in Vietnam with a strong track record of investing in top retailing companies such as MobileWorld and Phu Nhuan Jewelry. Our vision is to become the biggest retailer for mattress and bedding products in the country.

Thanks to the partnership with Mekong Capital, we now have access to the value creation framework Vision Driven Investing and best practices in the retail industry,” Vua Nem founder and CEO Hoang Tuan Anh said in an announcement. Founded in 2007 by two Vietnamese entrepreneurs Hoang Tuan Anh and Nguyen Vu Nghia, Vua Nem JSC currently operates 40 stores in 23 cities and provinces including Hanoi, Ho Chi Minh City, Hai Phong and Da Nang.

Launched in May 2015, MEF III focuses on investments in Vietnamese consumer-driven businesses such as retail, restaurants, consumer products, and consumer services. Its typically targets investments ranging from $8-15 million and makes both minority and buy-out investments.

Recently, Chris Freund, Founder and Partner at Mekong Capital told us in an interaction that he expects MEF III to be fully deployed in the first half of 2019. The firm also plans to launch a slightly larger fourth vehicle next year. To date, Mekong Capital has completed 32 private equity investments in Vietnam, of which 24 have been fully exited.

By Quynh Nguyen

US$800m pours into Vietnam property

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In the first five months of this year, the registered capital of newly licensed real estate projects reached US$623.3 million. Including the registered capital of licensed projects from previous years, foreign direct investment (FDI) in real estate business in Viet Nam reached $806.5 million, according to the General Statistics Office.

Foreign investors often invest in Vietnam property in three main ways: capital contributions, share purchase and capital investment loans. VNS reports

Most of these investors choose the high-end real estate segment when entering the Vietnamese market because in this segment, they have the biggest advantage. According to many experts, foreign enterprises often come from more developed real estate markets, so they have more experience in the design, development and operation of high-end real estate.

Su Ngoc Khuong, investment director at property services firm Savills Viet Nam, said the presence of foreign investors is a trend in the real estate market today.

The real estate market in Vietnam is very attractive to foreign investors, not only in terms of profitability but also in terms of economic growth, Government policies for foreigners in terms of owning houses in Viet Nam and incentives for foreign investors, Khuong said.

According to Savills’ representative, these investors will bring to market their experiences in project development. On the other hand, they also help to increase competitiveness, improve business activities and product performance in the market, bringing more benefits to consumers.

2,600 new property firms established

During the reviewed period, there were 2,600 real estate enterprises newly established. On average, each day, up to 17 enterprises in real estate sector were newly established.

Experts evaluated the growth of the market along with the profit of a large number of real estate brands and investment capital from foreigners poured into Viet Nam are the driving forces for real estate companies to “grow as mushroom”.

The situation of property market from the beginning of this year until now showed that real estate companies have aggressively entered the market to gain market share, especially in the red-hot fields such as land and real estate resorts.

Assessing the real estate market in 2018, Tran Kim Chung, deputy director of the Central Institute of Economic Management, said the profits from real estate business are very high. “If they spend one Vietnam dong in the real estate market, they will get 1.5 to two dong in returns,” he added.

This is also the cause of the increasing number of newly established real estate businesses on the market currently.

Vietnam Military Bank increases its charter capital to over $951.5 million

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Accordingly, charter capital of state-controlled lender Military Bank (MB)  will be raised from 18.15 trillion VND (799.56 million USD) to 21.6 trillion VND (951.5 million USD).

VNA reported, the plan was adopted by shareholders and the board of directors of the bank at their meetings in March and April, respectively.

The increase of charter capital was requested to be in line with legal regulations.

The turnover of MB in the first quarter of 2018 was estimated at 3.5-3.6 trillion VND (154.2-158.6 million USD). Meanwhile, the minimum pre-tax profit was at some 1.6 trillion VND (70.3 million USD), up 44 percent year-on-year.

WB General Director Luu Trong Thai said it is feasible for the bank to meet the 6.8-trillion-VND profit target set for 2018, up 47 percent against last year.

Vietnam couple stabbed to death in Vegas hotel

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LOS ANGELES: A Vietnamese tourist couple has been found stabbed to death in their room at the Circus Circus hotel on the Las Vegas Strip, police in the US gambling center said.

“As a result of our initial processing of the room, we are able to confirm that it is definitely a double homicide,” Las Vegas Metropolitan Police Department Lieutenant Ray Spencer told reporters late Friday (Jun 1).

The killings happened overnight Thursday-Friday, he said.

The couple were part of a tour group from Vietnam and did not speak English, which complicates the investigation, Spencer said.

There was no information on possible suspects, and the identity of the victims had not been released.

Source: AFP/mn

Violations at Mobifone, BIDV: Vietnam’s party accuses senior officials

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Vietnam’s current and former information ministers and several other senior officials have been accused of “very serious” violations linked to state telecoms firm Mobifone and BIDV bank, part of a widening crackdown on corruption.

According to a latest report by Reuters, an inspection committee from the country’s ruling Communist party said the officials were responsible for allowing a loss-making deal in which Mobifone tried to buy a 95-percent stake in a private pay-TV service called Audio Visual Global.

“The violations caused big losses to the state assets, badly affected Mobifone’s operation and privatisation process and the reputation of the party and the Information Ministry,” the committee said in a statement on its website.

The six officials named in the case included Information Minister Truong Minh Tuan, his predecessor Nguyen Bac Son and the former chairman of state telecommunications company Mobifone, Le Nam Tra.

Separately, the committee said the former chairman of state-controlled lender BIDV Tran Bac Ha and two other executives at the bank had committed violations in lending 4.7 trillion dong ($206.18 million) to 12 companies involved in a corruption case at Vietnam Construction Bank.

Former chairman of state-controlled lender BIDV Tran Bac Ha | Photo source: VietnamNet

The committee said the officials’ punishment would now be considered. In Vietnam, the inspection committee investigates wrongdoing before making a decision on how to sanction those found responsible.

BIDV and Mobifone did not immediately respond to a request for comment. Deputy Information Minister Hoang Vinh Bao told a news conference the ministry would follow the conclusions of the inspection committee.

Vietnam’s ongoing corruption crackdown has reached the energy, banking, police, telecoms sectors as well as to provincial levels, with a former politburo member sentenced to 31 years in prison, the first official of such high-ranking to face trial in decades. ($1 = 22,796 dong)

Reporting by Mai Nguyen Editing by Helen Popper

Vietnam’s Techcombank pursues retail push after major IPO

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Vietnam’s Techcombank , fresh after raising $922 million from global investors, aims to expand aggressively into retail banking to capitalise on booming demand for an array of financial services, its senior executives said on Friday.

“On the lending side, we are having an increasing orientation toward retail, a disproportionate amount of which would be mortgages,” Chief Financial Officer Trinh Bang told Reuters in an interview recently.

The 25-year-old bank, formally Vietnam Technological & Commercial Joint Stock Bank, is seeing strong growth in services such as credit cards, auto loans and bancassurance, Trinh said.

The comments come after the Hanoi-based lender priced its April initial public offering (IPO) at the top of a marketing range, valuing it at $6.5 billion and making it Vietnam’s second-biggest listed bank after state-controlled Vietcombank .

As the issue was not sold to retail investors, bankers refer to it as an Initial Equity Offering instead of an Initial Public Offering.

Cornerstone investors included Singaporean sovereign wealth fund GIC Pte Ltd, Fidelity Management & Research and domestic fund Dragon Capital. Together, they bought 76 percent of shares offered in the IPO – one of the largest amounts among Vietnam IPO cornerstones.

Techcombank’s appeal stems from a boom in financial services while the economy expands at record rates.

Vietnam reported annual credit expansion of about 18 percent for the past two years, with banks posting strong profit growth. A manufacturing boom spurred the export-dependent economy to grow 7.4 percent in January-March – the fastest first-quarter pace in a decade – after growing 6.8 percent in all of 2017.

“Our strategy is very much in line with changing demographics and the growing affluence of young professionals,” said Chief Executive Officer Nguyen Le Quoc Anh.

Techcombank provides a range of products and services to over 5.4 million customers through a network of 315 branches.

The bank, which will list its shares on the Ho Chi Minh Stock Exchange on Monday, expects mortgages to make up a key portion of lending growth as it focuses on Vietnam’s expanding workforce, which is seeing a rise in disposable income.

“Over the next two to three years, key for us is to continue shifting toward retail and mortgages,” said CEO Quoc Anh. “The rationale is that mortgages are safest in terms of provisions and give us the highest return on risk-weighted assets.”

Techcombank expects retail lending to grow to 50 percent of total loans over the next two to three years from 40 percent, CEO Quoc Anh said.

In a report this year, credit-rating firm Standard & Poor’s said credit risk at Vietnamese banks was extremely high, reflecting high private-sector debt, low income levels, legacy stressed assets and rudimentary underwriting standards. It also said banking regulations lag international standards.

Techcombank’s IPO followed a $370 million investment agreement earlier this year from Warburg Pincus LLC, in the largest-ever private equity investment in Vietnam.

Reporting by Anshuman Daga in SINGAPORE and Mai Nguyen in HANOI;
Editing by Christopher Cushing/David Evans

Weather forecast: Vietnam will be affected by 1-2 storms in June

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One or two storms or low pressure are forecast to appear in the East Sea and are likely to affect Vietnam’s mainland in June, according to the National Hydro-Meteorological Forecasting Centre.

The centre warned that the northern and central regions of Vietnam may suffer from 2-3 hot spells in the month, but the heat-waves will not last for long or be strong. VNS reports.

June is the peak of the rainy season in the northern region, when heavy rains may cause flash floods and landslides in the northern mountainous region, it said.

Heavy rain is also forecast in the Central Highlands and southern regions, along with dangerous weather conditions such as whirlwinds, hailstones and squalls.

Specifically, in the first 10 days of June, average temperature will be equivalent to that in previous years, but rainfall is predicted to be higher in almost every region, excepting for the north.

In the rest of the month, the temperature is forecast to be similar to that many years, with lower rainfall.

Average rainfall in the northern and southern regions is equivalent to that of in many years, while that of the central region will be 20-50 percent higher than the previous years. The rainfall will also increase by 15-30 percent in the Central Highlands.

Men arrested for snatching bag from Canadian tourist in Saigon

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Passersby caught one of the thieves before police knocked down the other.
Police in Ho Chi Minh City detained two Vietnamese men for snatching a handbag from a foreign tourist in the city center on Friday. VNExpress Reported.

The Canadian woman, 21, whose name has not been revealed, was walking with a group of friends on Nguyen Trai Street in District 1, five-minute ride from the popular Ben Thanh Market, in the afternoon when she lost her bag to the two men on a motorbike.

Some passersby chased after the thieves and managed to catch one of them after their motorbike crashed. Police stepped in and caught the other.

The two are being held for further investigation.

Ho Chi Minh City, Vietnam’s largest metropolis, is one of the most visited destinations in the country, with 3.2 million foreigners arriving in the first five months of 2018. Travelers are attracted by the city’s mix of modern comfort and wartime heritage, but its charm is being undermined by street crimes, traffic chaos and pollution.

Vietnam has welcomed 76,650 Canadian visitors so far this year, up 10 percent from a year ago. The country last December including Canadians into a list of citizens eligible for its e-visa policy, in an attempt to attract more visits from the North American country.

By Son Hoa

Vietnam banker gets $937 million fine, 30-year jail term for embezzlement

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A court in Vietnam has sentenced a former banking executive to 30 years in prison and ordered that she pay more than US$700 million (S$936.5 million) in damages caused at a domestic bank, state media reported on Friday (June 1).

Hua Thi Phan, 71, embezzled US$278 million from the Vietnam Construction Bank, formerly known as Great Trust Commercial Joint Stock Bank, where she had been a senior board adviser, the Ministry of Public Security’s “People’s Police” newspaper said.

The court, in its late Thursday ruling, ordered Phan to return the money and pay additional interest, compensation and fines totalling over US$700 million, according to Tuoi Tre, another state newspaper.

The trial concluded at a time global rating firms said Vietnam’s banking regulations lag behind international standards, and as financial firms flock to the country, hoping to capitalise on its fast growth.

It also comes days after a court upheld a key judgement in the “Super-Swindler” trial, Vietnam’s largest-ever case of fraud, which highlighted its ability to tackle financial crime at a time when foreign banks are heeding government calls to invest.

In Phan’s month-long trial, which was reported by state media on Friday, the former executive was convicted of violating economic regulations and abusing trust.

The 71-year-old did not attend the trial at Ho Chi Minh City People’s Court due to “health conditions”, state media said.

With the help of 27 accomplices, Phan abused her position at the bank to embezzle cash with which she bought property in Ho Chi Minh City, Vietnam’s business hub, that she later sold back to the bank at artificially higher prices, state media said.

Vietnam Construction Bank could not provide immediate comment.

Vietnam has over recent years arrested and tried several bankers over financial irregularities as it seeks to restructure a banking system still reeling from nonperforming loans, mismanagement and under-regulated lending. The Straitstimes reports.

Though the State Bank of Vietnam said last month that non-performing loans had been reduced to less than 3 per cent of outstanding loans, ratings firm Fitch said it believed non-performing loans remain under-reported and true asset quality is likely to be weaker than stated.

S&P Global said last month Vietnam’s banking regulations lag international standards, underscoring industry risks for banks.

“Banks’ credit risks remain extremely high, in our opinion, reflecting high private sector debt, low income levels, legacy stressed assets, and rudimentary underwriting standards,” S&P Global said.

Vietnam calling

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Dishes and ingredients displayed at the food festival   | Photo Credit: K_R_DEEPAK

The Gateway makes a spirited attempt to introduce this popular Southeast Asian cuisine to the city through a food festival

What makes Vietnamese cuisine so popular the world over? At the end of the food tasting session at The Gateway’s Ming Garden restaurant that is currently hosting a Vietnamese Food Festival, the answer was loud and clear. I couldn’t un-smell the fresh herbs in every dish for a good long time after the fine feast.

Veering from the comforting flavours of mild and sweet to a delicious hot and spicy, each dish could actually have its own bottled fragrance. It is this freshness and a balance of aroma, sweetness, tanginess and spiciness that makes Vietnamese cuisine such a hit.

The Gateway makes a great attempt to introduce this popular Southeast Asian cuisine to the city. And giving it an authentic touch is S Vairamuthu, Chef De Partie of Blue Ginger, the dedicated Vietnamese restaurant of Taj West End, Bengaluru. “The thing about Vietnamese food is that it is fresh and light and has many flavours. Herbs play a big part in it,” says Vairamuthu. I embark on the delightful culinary journey with the salads in the menu and these are indeed something to savour. The raw papaya and mango mixed salad is a personal favourite for its freshness and mild mango flavour that leaves behind a unique sweet and tangy taste. The next thing to be served is a steaming soup. The soups are a typical spicy offering laden with the familiar coconut flavour that characterise far-eastern cuisine. You can make out the spiciness of the soup only when the aftertaste hits after a few seconds. In the soups, you can choose from asparagus and haricot soup, hue tieu Shiagon, spicy mushroom and bamboo shoots lemon grass soup, prawn lemon grass chilli soup, asparagus and crab meat soup with cilantro and chicken corn soup.

Just like in India, food is central to Vietnamese culture. But unlike our heavy and spice-loaded cuisines, Vietnamese dishes are light with recurring bursts of sweetness. “The use of fresh ingredients like herbs and vegetables are a trademark of the traditional Vietnamese food. Also, there is very little use of oil and selective use of spice, making it a healthy option,” says Sanat Chitrakar, Executive Chef of The Gateway.

On the recommendation of the chef, I try the starters of water chestnut rice paper roll and the grilled lamb with sesame barbecue sauce. Both are distinctly different in taste and yet leave you wanting for more. If you are a fish lover, a must-try is the classical Hanoi grilled fish. The mustard essence plays hide and seek with the sweet and spicy flavours of the dish.

The delicacies don’t feel a bit heavy. And I soon find myself relishing the main course with stir fried rice noodles with vegetables. Another similarity between India and Vietnam is the omnipresent rice and fish sauce which the Southeast Asian country is very fond of. Vietnam is the second-largest rice exporter in the world (after Thailand). According to Chef Vairamuthu, rice appears at breakfast, lunch, dinner, and even in dessert in Vietnam and so does coconut milk. The main course also has options like Vietnamese fish and bamboo shoot yellow curry that goes well with rice, Vietnamese prawn mango curry – another unique delicacy and a personal favourite that can teamed with rice or bread, stir fried lamb with sate sauce and stir fried chicken with lemon grass and chilli among other dishes.

I end the refreshing feast with the dessert section that has some equally enticing options like banana and sago pudding, thach sa or lemongrass tiramisu and banh flan dac biet or ginger coconut caramel custard.

By Nivedita Ganguly, TheHindu

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