Floods cause severe damage in northern and central Vietnam

 Downpours triggered by the tropical low pressure system over the past two days have threatened to overflow reservoirs and have caused serious damage to houses and roads across the northern and central regions.

Ministry scraps nearly 500 hydropower projects

468 medium- to small-scale hydroelectric plants situated in hilly areas were struck off the national power development programme in the 2011-2020 period due to economic constraints.

Foreign investment in Vietnam may reach $28 billion by end of 2017

 By the end of 2017, Vietnam will see soaring foreign investment capital, reaching $28 billion with an expected record in disbursed FDI capital of $17 billion. 

VN triumph at Australian veterans table tennis event

 The FDI HCM City team played outstandingly to defeat nine-time defending champions New South Wales 6-3 and won the title for men 50-59 years at the Australian Open Veterans Table Tennis Championships on October 11.

A child dies, six other students infected with diphtheria in Quang Nam

An eight-year-old primary school student in Quang Nam has died of diphtheria, while six other students aged four to 12 have been infected with the disease in the mountainous Tra Van commune of Nam Tra My District.

Vietnam's representative sixth in 10 favourite photos at Miss Grand International

 A photograph of Huyen My, the Vietnamese representative at Miss Grand International, has proven to be among the most popular at the competition. 

Vietnamese contestant Ha Thu third in Miss Earth 2017’s talent competition

 The Vietnamese representative Ha Thu placed third in the talent competition at Miss Earth 2017 after performing the song “Colours of the wind”.

Vietnamese language, culture course opens for Korean students

 VietNamNet Bridge – Hanoi University of Culture on Wednesday organised a ceremony to welcome 96 Korean students who will attend a Vietnamese language and culture course at the university.

Wild elephants storm Nghe An village

 Six wild elephants went on a rampage in a village in Nghe An Province and destroyed crops on October 10.

Nine dead following Hoa Binh landslide

 A landslide in the northern mountainous province of Hoa Binh has buried eight local households, causing nine deaths, while 10 others have been left trapped.

VEPR puts Vietnam’s growth for 2017 at 6.64%

 The Vietnam Institute for Economic and Policy Research (VEPR) has revised its 2017 growth forecast for Vietnam up to 6.64% in its latest report from its previous projection of 6.37%.

Finance ministry turns down Vinaxuki loan plea

 The Ministry of Finance has turned down Xuan Kien Automobile JSC (Vinaxuki) Chairman Bui Ngoc Huyen’s proposal to be given more bank loans to resume his firm’s Made-in-Vietnam car dream.

Government projects GDP growth of 6.7 percent in 2017

 The Government projects a GDP growth of 6.7 percent in 2017 in a report submitted to the National Assembly Standing Committee on October 12 during the Committee’s 15th session in Hanoi. 

New car sales fall, used cars sales remain robust

 Car sales in September plummeted, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

Vietnam's foreign exchange reserves hit record $45 billion

 Viet Nam’s foreign exchange reserves are at an all-time high of US$45 billion, Party General Secretary Nguyen Phu Trong said.

Vietnam, Russia boost military technical cooperation

The Vietnam-Russia Inter-Governmental Committee on Military Technical Cooperation convened its 19th meeting in Hanoi on October 12. 

Finance Ministry to simplify 71 administrative procedures

 The Government has issued Resolution 104/NQ-CP on streamlining administrative procedures and citizens’ documents related to resident management in the jurisdiction of the Finance Ministry. 

Insurers, bankers banking on each other

 Touting it as a win-win deal for everyone, banks and insurance companies in Vietnam are promoting the “bancassurance” model to exploit a market with huge untapped potential.

HCM City to host 21st Asian Science Park Association conference

 Some 400 delegates from 20 countries and territories will attend the 21st Annual Conference of the Asian Science Park Association (ASPA) scheduled for October 19-21 in Ho Chi Minh City. 

Vietnam's e-commerce growth forecast to double by 2020

 Vietnam's e-commerce growth forecast to double by 2020

Birthday concert for Grapevine

 VietNamNet Bridge – A concert celebrating the tenth birthday of Hanoi Grapevine, a popular website providing arts and culture, will be held on Saturday.

New film studio opens in HCM City

The CJ E&M Viet Nam, a subsidiary of Korean-based CJ E&M Corporation, and HKFilm of HCM City have opened a joint-venture film studio working in both production and distribution.

Slow progress on building national standard schools

 VietNamNet Bridge – The capital city has managed to build only 17 out of 80 schools that meet national standards as per this year’s plan.

Movie studios join Disney-led service to link digital purchases

 Five Hollywood film studios have joined together to offer a new service designed to make it easier for consumers to collect digital movies that they can watch at home or on mobile devices,

Ice cream market still hotly competitive, at least for five more years

VietNamNet Bridge - More and more players have joined the ice cream market recently.