Gov't direct debt nears allowable ceiling: NA

The Government’s direct debt payment obligations may reach the permissible ceiling of 25% of the 2020 State budget collections and are expected to stand at over 25% of the State budget collections in 2021, 

Govt proposes deferring minimum salary hike in 2021

The Government has proposed maintaining the monthly minimum salary at VND1.49 million in 2021, instead of increasing it to VND1.6 million as proposed earlier.

Nearly 100 people join in saving Hoi An beach from erosion

Authorities in Hoi An City have mobilised hundreds of people to urgently save a section of the Cua Dai beach from serious erosion amid the on-going flooding in the area.

Will hydro-power plants cause more floods in Vietnam?

If there were no hydroelectric dams, floods would still occur, even at a higher level. In many cases, without hydropower reservoirs, floods would be more serious.

Storm Saudel gains strength, bringing rain to all localities

Saudel is moving west at a speed of 10-15 km per hour, around 770 km to the east-southeast of Hoang Sa archipelago and is forecast to gain strength and bring rain to all localities across the country in the coming days.

Major milestones in Vietnam – Japan relations

Relations between Vietnam and Japan have stood the test of time over the years and are considered an exemplary model in an ever-changing world.

Parts of Ha Tinh province isolated due to prolonged heavy rain

Torrential rains coupled with the discharge of water from reservoirs have engulfed many areas in the central province of Ha Tinh.

Vietnam's export growth expected at 3-4 percent this year

Vietnam’s exports this year could grow by 3-4 percent despite the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT).

VN committed to staying on top of pandemic in 2021: PM

Vietnam is aiming for GDP growth of 6 per cent in 2021 as the country is committed to maintaining control of the COVID-19 pandemic as a basis for continued socio-economic growth.

Mobile phone retailers shift to other services as market saturated

The mobile phone retail business is believed to be saturated and will continue to face difficulties in growth.

Party seeks public feedback on draft documents of 13th National Party Congress

The full text of several draft documents of the 13th National Party Congress has been published for public feedback from October 20 to November 10.

Car dealers sprint in last months of year, car prices plummet

A number of large manufacturers slashed car prices in early October, signaling a fierce race in the Vietnamese auto market.

Vietnam pledges to promote rule of law at national, int’l level

Vietnam will continue to cooperate proactively and responsibly with the UN and countries to promote the rule of law at both national and international levels, Ambassador Dang Dinh Quy, head of the Vietnam mission to the UN affirmed.

Government considers additional support policies for industrial sector

The Ministry of Planning and Investment (MPI) said it had advised the Government to implement a number of policies to support Viet Nam's industrial sector, especially the support industry.

 

World Steel Group inks $10 million contract for Long Son Petrochemicals project

The World Steel Construction JSC and Tan Phuoc Thinh Construction & Investment Joint Stock Company have signed a $10 million cooperation contract for the design - production - construction H&I-8 package of LSP Project implementation.

Leather and footwear on course for strong recovery: LEFASO

Vietnam's leather and footwear industry was on course for a strong recovery as more international fashion brands were valuing the country as an...

VIETNAM NEWS OCTOBER 21

VN launches elderly healthcare programme in response to ageing population

HCM City’s future must look to the East

The East - Thu Duc City will be the nucleus for Ho Chi Minh City to develop a knowledge-based economy and build a smart city.

Portraits of Hanoi’s Vice Party Secretaries

Mr. Chu Ngoc Anh, Mr. Nguyen Van Phong, Ms. Nguyen Thi Tuyen and Mr. Nguyen Ngoc Tuan have been elected as Deputy Secretaries of the Hanoi Party Committee for the 2020-2025 term.

Flood death toll in central region rises to 106

The death toll during the recent severe flooding caused by torrential rains in the central region reached 106 as of 5 pm on October 20, while 27 others were missing, reported the Steering Committee on Natural Disaster Prevention and Control.

Vietnam co-organises ITU Virtual Digital World 2020

The Vietnamese Ministry of Information and Communications (MIC) and the International Telecommunication Union (ITU), the United Nations specialised agency for ICTs have co-organised the ITU Virtual Digital World 2020.

Hanoi, HCM City host science film festival

High school students in Hanoi and HCM City will have the chance to watch short science films and experience science experiments at weekends. 

Times change, Dang family’s businesspeople are thriving

The businesses owned by Dang Thanh Tam and Dang Thi Hoang Phuong have shown signs of strong recovery as a new FDI wave is expected to come, which will strengthen the industrial real estate market.

Mekong Delta takes preventive measures against saline intrusion in next dry season

Local authorities in the Cuu Long (Mekong) Delta have begun taking measures to cope with the effects of saltwater intrusion and drought in the upcoming 2020-21 dry season.

VIETNAM'S BUSINESS NEWS HEADLINES OCTOBER 21

 Vietnam likely to earn 300 billion USD in exports this year