TPP has long-term advantages: Deputy Trade Minister

 Vietnam could experience increasing trade deficit in the initial stage of joining into Trans-Pacific Partnership (TPP) due to higher foreign direct investment.

Foreign tourist numbers start to recover

 The number of foreign tourists to Vietnam has grown over the last three months, following a 13-month decline due to diseases, unstable economy and fierce regional competition.

Airports in HCM City, Da Nang eyed for expansion

 VietNamNet Bridge – The Civil Aviation Authority of Viet Nam (CAAV) has announced changes to the master plan for HCM City-based Tan Son Nhat Airport.

Vietnamese artists show off works

 VietNamNet Bridge – Artworks by three outstanding contemporary Vietnamese artists will be showcased at "Filters" exhibition in HCM City on October 28-29.

Three Vietnamese sailors still missing

 The location of three Vietnamese sailors who went missing from a Taiwanese fishing vessel off the coast of the northern Japanese prefecture of Hokkaido is still unknown, despite active search efforts by all parties.

NA’s Standing Committee to convene 42nd session next week

 NA’s Standing Committee to convene 42nd session next week, Party official congratulates DPRK’s ruling Party on 70th anniversary, Vietnam’s Independence Order for Lao Minister, Experience in building Pharmacy Law shared

Vietnam-Azerbaijan friendship association debuts

 The Vietnam – Azerbaijan Friendship Association was established during a ceremony in Hanoi on October 10, making it the 110th member of the Vietnam Union of Friendship Organisations (VUFO).

ASEAN, partner countries vow to ensure energy security

The 12th ASEAN+3 (China, Japan, the Republic of Korea) Ministers on Energy Meeting (AMEM+3) was held in Kuala Lumpur, Malaysia, on October 8 as part of the 33rd ASEAN Ministers on Energy Meeting (AMEM 33) and related meetings.

Party Central Committee closes 12th meeting

 The 11 th tenure Party Central Committee’s 12 th meeting convened its final working day in Hanoi on October 11, chaired by Party General Secretary Nguyen Phu Trong. 

Vietnam condemns terrorist bombings in Turkey

 Vietnam strongly condemns the recent bombings in the Turkish capital of Ankara, which left many dead and injured, Vietnamese Foreign Ministry’s spokesperson Le Hai Binh said on October 11. 

Vietnam may withdraw overseas deposits to fund state budget

VietNamNet Bridge - The State Bank of Vietnam (SBV) and the Ministry of Finance (MOF) are discussing a plan to withdraw overseas deposits of credit institutions to fund state investments.

Vietnam ease into futsal semi-finals

 VietNamNet Bridge – Viet Nam cruised into the ASEAN Football Federation's Futsal Championship's semi-finals, after bashing the Philippines 19-1 yesterday (Oct 11) in Bangkok, Thailand.

Vietnam suffers from ‘university boom’: expert

Nguyen Minh Thuyet, an education expert, said the number of universities increased in Vietnam so significantly that some are at the point of closing.

Businesses complain about regulation on scrap imports

VietNamNet Bridge - The Ministry of Natural Resources and the Environment (MONRE) are still asking enterprises to pay deposit for scrap imports 15 days in advance, ignoring businesses’ complaints about the requirement.

Liem on top at Millionaire Chess

 VietNamNet Bridge – Le Quang Liem of Viet Nam maintains top place at the Millionaire Chess tournament in Las Vegas, United States.

Customs clearance time reduced

 VietNamNet Bridge – Since its introduction in May, Viet Nam's National Single Window (NSW) has significantly reduced the time required for customs clearance, helping import businesses save time and money on lengthy administrative procedures.

Tien Cave – a pristine beauty of ‘unknown paradise’

Hidden away in the woods and giant limestone mountains of ‘the land of caves’ in Quang Binh Province, Tien Cave (the Cave of Fairies) is an almost ‘anonymous’ destination that has yet to be featured on tourist maps.

When will the flooding end in HCM City?

 VietNamNet Bridge – When will HCM City’s flooding end? It is a big question raised for the municipal authorities.

Special economic zone to go up in HCM City

 VietNamNet Bridge – The HCMC Institute for Development Studies has sent the city government a huge plan to develop a special economic zone (SEZ) nearly 890 square kilometers to drive growth here in the city.

Viettel to spend big money on upgrading undersea cable network

VietNamNet Bridge - The military telecom group Viettel plans to spend $20 billion to upgrade the InterAsia undersea cable network with an aim to strengthen the connection for its 20 million internet subscribers.

How to apply for visa exemption certificates

The following articles of Decree 82/2015/ND-CP provide instructions for applying visa exemption certificates by Vietnamese people residing overseas and foreigners who are spouses, children of Vietnamese people residing overseas

BUSINESS IN BRIEF 12/10

$3.17 billion thermal power plant for Long An, Hai Phong goes looking for investment in Japan, Tra fish exports to China turn up sharply, Vietnam believed to gain the most in TPP, September’s automobile sales surge 17 percent

Vietnam meets 40 pct of domestic milk demand

 Vietnam meets 40 percent of domestic demand for milk, deputy head of the Livestock Production Department Tong Xuan Chinh told a seminar in Hanoi on October 8.

Agriculture insurance vital to mitigate risks

 Agricultural insurance will not only help farmers cope with natural disasters, storms, floods, epidemics, but also contribute to a new rural development programme, officials said.

Mekong faces water shortage

The drought in the Cuu Long Delta continues to severely affect farms and households in the region, causing water shortages for thousands of families in the provinces of Long An, Dong Thap, An Giang and Can Tho City.