Banks’capital adequacy in danger of plunging

 State Bank of Viet Nam statistics show that the average capital adequacy ratio (CAR) of the banking sector has been consistently falling since the beginning of this year. 

Doubling of imported used car tax proposed

Importing used cars with nine seats and less will become harder if a proposal to raise used car tariffs is approved by the Government. 

Consumers increasingly tech-savvy: Nielsen

 Vietnam is home to a growing number of tech-savvy “connected consumers” that global corporations will increasingly seek to court, according to a study conducted by Nielsen in cooperation with Demand Institute.

Finance Ministry proposes cut in some fees, charges

 The Ministry of Finance (MoF) has drafted a few adjustments to charges and fees in several sectors under its management.

Thousands of homes wrecked by huge Mexican quake, death toll at 91

 A massive earthquake off southern Mexico on Thursday night that killed at least 91 people damaged tens of thousands of homes and afflicted upwards of two million people in the poorer south, 

Local firms fail miserably with information disclosure

 Only about 17 per cent of listed companies comply with information disclosure regulations, lower than the figure in 2016, according to the Vietnam Association of Financial Executives (VAFE).

First metro line to get tracks

 Progress on the metro continues, but a tax dispute has left some necessary equipment languishing at port, Le Nguyen Minh Quang, head of the HCM City Management Authority for Urban Railways said.

Lawmakers to mull tougher corruption law

Lawmakers convening today in Hanoi for 14th session of the National’s Assembly’s Standing Committee are scheduled to discuss an amended Law on Corruption Prevention and Control.

Vietnam plans to release more anti-dengue mosquitoes into wild

 The Ministry of Health (MoH) is planning to expand the pilot release of Wolbachia-infected mosquitoes in some southern areas of Vietnam in the next few years to prevent dengue fever.

National Assembly Standing Committee convenes 14th session

 The Standing Committee of the 14th National Assembly (NA) will convene its 14th session in Hanoi from September 11-20, with a number of issues high on the agenda to prepare for the NA’s fourth meeting scheduled for next month. 

Equitisation of SOEs from perspective of foreign investors

 Equitisation of State owned enterprises (SOEs) has progressed well in 2011-2016 and the first eight months of 2017 thanks to various ministries and sectors, economic groups and localities getting onboard.

Ethnology Museum honours national identities

 This is the first time US visitor Brian Herman has visited the Vietnam Museum of Ethnology. He was impressed by the area where costumes and items relating to ethnic groups and their weddings, funeral ceremonies and other spirituals are on display.

Vietnamese classic to be screened at ASEAN Film Festival

 Vietnam will present the classic film, Bao Gio Cho Den Thang Muoi (When October Comes) at ASEAN Film Festival 2017, which kicked off in Cambodia on September 8.

Vietnam prepares to support aging population

 According to the World Health Organisation (WHO), Vietnam is among the countries with the fastest aging rate in the world, which has widespread and long-term impacts on the country, requiring comprehensive proactive policies for the elderly.

Rate of flight delay, cancellation at 12.1 percent in August

 The number of delayed and cancelled flights of the four domestic carriers - Vietnam Airlines, Vietjet Air, Jetstar Pacific and Vasco - was 2,788, accounting for 12.1 percent of their total flights in August.

VAMC needs more capital to settle bad debts

 The Vietnam Asset Management Company (VAMC) will need more capital to further benefit from the National Assembly’s recent resolution on the settlement of non-performing loans (NPLs), experts said.

HCM City targets school bus use rise

The HCM City Department of Transport will soon submit to the People’s Committee proposals to increase the bus transport subsidy for students and improve the quality of bus services to get more students to use public transport.

Lotus seed and longan sweet soup – countryside’s pure treat

 Longan has long been known as a speciality of Pho Hien – Hung Yen.  People make many dishes from the fruit, with one of the special treats chesen long nhan (lotus seed and longan sweet soup) – a cool traditional dessert for a warm, sunny day.

Analysts forecast VN-Index drop

 Vietnam’s benchmark VN-Index reached a 10-year high last week on the back of a few blue chips. However, the gain was unstable and the index could face a short-term drop in the coming sessions.

Defence delegation visits Cuba

 Chief of General Staff of the Vietnam People’s Army and Deputy Defence Minister Sen. Lieut. Gen. Phan Van Giang led a defence delegation to visit Cuba from September 8-11 at the invitation of his Cuban counterpart Sen. Lieut. Gen. Alvaro Lopez Miera.

Draft law addresses university ranking

 A draft amendment to higher education law proposes clarifying university assessment measures and making them uniform so that university rankings can be more precise in the future.

Northern provinces brace for heavy rain, landslides

 VietNamNet Bridge – Northern provinces are expected to receive heavy rain until Tuesday, possibly causing landslides and flash floods according to the National Centre for Hydrometeorogical Forecasting.

Erosion claims road stretch

 VietNamNet Bridge – A stretch of a major embankment on National Route 24 in the Central Highlands city of Kon Tum has eroded while under construction.

HCM City urged to build ports for cruise ships

VietNamNet Bridge - Many cruise ships want to enter HCMC but they have to dock at other localities because of the lack of harbors.

Hanoi urges providers share antennaes

 VietNamNet Bridge – The large number of base transceiver stations (BTS) - antenna-like equipment for wireless communication - is creating management risks and blighting the urban landscape in Ha Noi.