Vietnam encourages businesses to increase investment in Cuba: PM

Vietnam encourages its businesses to boost investment in Cuba in the fields of consumer goods production and agriculture, Prime Minister Nguyen Xuan Phuc told Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz.

FDI into real estate exceeds $51 billion

Accumulated FDI in the real estate sector reached $51.1 billion  as of the end of September, accounting for 16.5 percent of the total FDI in Vietnam, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

VASEP: No year-end surge in tra fish, shrimp exports to US

Vietnam will not see high year-end growth in exports of tra fish and shrimp to US by this year because trade barriers have reduced their value, according to the national seafood association.

Official: Party, State committed to fighting corruption

 The Party, the Government and political apparatus as a whole is committed and determined to fight corruption, said Minister - Chairman of the Government’s Office Mai Tien Dung.

Four Cat Linh-Ha Dong trains arrive in Hanoi

 Four trains which will be used for Cat Linh-Ha Dong elevated railway have been delivered to Hanoi. 

NA leader: State Audit joins fights against corruption and waste

 National Assembly Chairwoman Nguyen Thi Kim Ngan has applauded the State Audit Office of Vietnam (SAV) for its contributions in fighting corruption and waste.

Party chief requests stronger Vietnam-Laos trade, connectivity

 Party General Secretary Nguyen Phu Trong has urged the Governments of Vietnam and Laos to work out measures to increase two-way trade and boost connectivity in economy, transport infrastructure and energy. 

APPF-26 organising committee makes debut in Hanoi

 The organising committee of the 26th Asia-Pacific Parliamentary Forum (APPF-26) made its debut at a ceremony in Hanoi on October 3. 

Indian Chairman of Chiefs of Staff Committee visits Vietnam

Deputy Minister of Defence and Chief of the General Staff of the Vietnam People’s Army Sen. Lieut. Gen. Phan Van Giang on October 3 held talks with Indian Chairman of Chiefs of Staff Committee and Chief of the Naval Staff Admiral Sunil Lanba.

WB, Vietnam publish joint Vietnam Public Expenditure Review

 The World Bank and the Government of Vietnam on October 3 launched a joint report titled “Vietnam Public Expenditure Review (PER): Fiscal Policies towards Sustainability, Efficiency, and Equity”.

President: Vietnam gives top priority to boosting ties with Laos

 President Tran Dai Quang has told Lao Prime Minister Thongloun Sisoulith that Vietnam always treasures and gives top priority to preserving and developing the Vietnam-Laos special solidarity. 

PM: Credit should be given to priority areas

 Credit should be given to priority areas, especially high-tech agriculture, export, small and medium-sized enterprises (SMEs), and start-ups. 

Localities seek precise disaster forecasts

Natural disaster forecasts should be tailored to specific locations instead of large areas, Nguyen Van Khanh, vice chairman of the People’s Committee of the northern province of Yen Bai has said.

Party Central Committee opens sixth session

The 12th Party Central Committee opened its sixth plenary session in Hanoi on October 4.

Uber Viet Nam CEO resigns amid growing competition

 Uber Viet Nam has confirmed that CEO Dang Viet Dung stepped down from his post on October 1 after three years of running the ride hailing service firm in the country.

Dishing out "buffalo meat hung up in kitchen"

 VietNamNet Bridge – The northwestern region of Viet Nam is a magical combination of alpine landscapes, ethnic culture, and bracing mountain air.

Bird watching in Thung Nham bird sanctuary

VietNamNet Bridge - For those who love nature and adventurous bird watching trips, Thung Nham (Birds valley) in Ninh Binh is the best place for your experience while traveling to Hanoi. 

Mekong Delta faces three big challenges: Climate change, hydropower

Mekong Delta, the rice granary of Vietnam, is facing three big challenges due to the impact of climate change, unsustainable development and hydropower plants on the Mekong River.

Digital factories to be widespread in labor-intensive industries

The 4.0 industrial revolution is expected to help increase productivity significantly, but the product cycle will be shorter with the appearance of intelligent factories.

Should schools use the VNEN educational methodology?

MOET has said that the ministry ‘won’t let it go’, but will “join hands with education establishments to fix existing problems and overcome difficulties to deploy the new educational method VNEN. 

Frédégonde musical to hit HCM City stage

 The musical play Frédégonde will be performed on October 20 and 21 at the Opera House, 7 Lam Son Square, District 1, HCMC.

EVFTA on track to bring new German investors

Wolfgang Manig, Deputy Head of Mission and Economic Counsellor at the German Embassy in Vietnam, talked about German firms’ views on Vietnam as an attractive investment destination.

Science Film Festival 2017 to take place in Hanoi

 VietNamNet Bridge - The Seventh Science Film Festival, organized by Goethe-Institute and THD Education Solution Ltd., will take place in Hanoi from October 7 to 18.

Vietnamese wushu fighters earn final slots in Russia

 VietNamNet Bridge – Three Vietnamese athletes won final berths in the sanda (combat) events at the World Wushu Championship in Kazan, Russia, on Tuesday.

BUSINESS IN BRIEF 3/10

 Businesses encouraged to invest in large-scale pepper production, GDP in quarter three posts record high of 7.46%, Export import turnover might reach $400 billion this year, HCMC posts year on year GRDP growth rate