Government News 1/10

Cuban leaders hope for result-oriented cooperation with Vietnam,Da Nang seeks to bolster relations with South Africa,Vietnamese leaders extend congratulations to China on National Day, Reception marks 69th National Day of China in Hanoi

Facebook security breach: Up to 50m accounts attacked

 Facebook says almost 50 million of its users were left exposed by a security flaw.

Typhoon Trami: Powerful storm hits Japan, killing two

Two people have been killed after a powerful typhoon struck Japan. Typhoon Trami made landfall on Sunday at 20:00 local time (11:00 GMT) near the western city of Osaka, with gusts of up to 216 km/h (134 mph).

Indonesia earthquake and tsunami: Desperate search for survivors

 A picture of large scale destruction is emerging in the Indonesian city of Palu, after a quake and tsunami struck on Friday.

BUSINESS NEWS IN BRIEF 1/10

Over 96,600 new firms established in nine months,EVFTA motivates Bulgarian firms,Vietnam’s export value to US reaches record high in August,Cashless payment needs a boost in rural areas

Investment funds’ money funnelled to technology firms

VietNamNet Bridge - More large-scale investment funds are being set up, and the value of investment deals is increasing, especially in technology startups. 


Ministry sets stricter emission standards, old cars to disappear from circulation

VietNamNet Bridge - By mid-2018, Vietnam had more than 184,120 vehicles over 20 years old, of which 2,613 passenger vehicles with over nine seats had expired. 

Vietnam to develop eSIM technology

VietNamNet Bridge - A large mobile network operator will develop eSIM, the nascent technology which is expected to change the world in the near future.

Education Publishing House: is it making a profit or taking a loss? The controversy continues.

VietNamNet Bridge - The Education Publishing House (EPH) reported that it incurs a loss of VND40 billion each year in printing and distributing textbooks.

HCM City wants a US$64m theatre

HCM City People's Committee has proposed to build an international standard VND1.5trn (USD64m) theatre in District 2.

Committee for State Capital Management makes debut

 The Committee for Management of State Capital (CMSC) has just made its debut on September 30.

HCM City eyes sensor development

 HCM City authorities are seeking to promote micro electro mechanical systems technology, which plays an important role in the fabrication of sensors.

PV Power to shift listing to HOSE

 PV Power is proceeding to shift its listing from the Unlisted Public Company Market (UPCoM) on the Ha Noi Stock Exchange to the Ho Chi Minh Stock Exchange, which is expected to be completed in October or November.

Property sector calls for rethink on bank loans

 The new restriction on banks of using only 40 per cent of their short-term deposits for long and medium-term loans should not take effect next year, the HCM City Real Estate Association has said.

Real estate collateral at 10 banks worth $170 billion

 Real estate collateral in 10 of Viet Nam’s commercial banks is worth more than VND4 quadrillion (US$170.2 billion), accounting for 56 per cent of the banks’ total collateral.

Plastic waste must be recycled: experts

 Plastic waste is a resource that needs to be collected, sorted and recycled. Non-reusable solid waste should be moved to a waste treatment plant, said a representative from the Ministry of Construction. 

Vietnamese athletes head to Asian Paralympic Games

 Vietnamese athletes will take part in the Asian Para Games which will start in mid-October in Indonesia.

Hanoi amateur football league to kick off

 The Hà Nội Premier League is scheduled to kick off on October 6 at the C500 Stadium.

Viet Nam to take part in Asian Para Games

 Vietnamese athletes will take part in the Asian Para Games which will start in mid-October in Indonesia.

Hanoi rapid alert system to tackle food safety violations

 The People’s Committee of Hà Nội has approved a plan to deploy a rapid alert system on food safety for the 2018-20 period.

HCM City schools teach kids to collect, recycle milk cartons

 Kids at HCM City’s Tân Bình District Kindergarten on Friday saw a skit that showed them how to push straws into empty cartons after drinking milk and then flattening, folding and disposing of the cartons properly.

HCM City set to increase parking fees in public areas

 HCM City authorities have decided to increase parking fees at all lots run by private operators in the inner city from October 1.

Food safety violators slapped with US$594,700 in fines

 Nearly 28,000 out of 154,000 food businesses in Hà Nội were found to have violated food safety regulations and faced fines of more than VNĐ14 billion (US$594,700) since August last year.

Four Vietnamese aboard Papua New Guinea’s plane overshooting runway

 There are four Vietnamese citizens among passengers aboard a plane of Papua New Guinea’s Air Niugini that missed the runway on September 28, according to the Vietnamese Embassy in Indonesia. 

PM’s working trip to UN headquarters is fruitful bilaterally, multilaterally: official

 Deputy Foreign Minister Nguyen Phuong Nga has highlighted the outstanding outcomes of Prime Minister Nguyen Xuan Phuc’s working trip to the headquarters of the United Nations in New York City, the US, on September 27.