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SBV Governor vows to speed up settlement of weak banks, bad debts

 Governor of the State Bank of Vietnam (SBV) Le Minh Hung was questioned on the pace of handling bad debt and banks with bad performances during the question-and-answer session on November 1 at the 14th National Assembly’s ongoing sixth session.

Minister talks climate change response in Mekong Delta

 Climate change response in the Mekong Delta, a region vulnerable to this global phenomenon, continued to be one of the issues that legislators grilled Minister of Natural Resources and Environment Tran Hong Ha about on November 1.

Land issues blamed for slow SOE equitization

 Obstacles to the valuation of the land use rights of State-owned enterprises (SOEs), especially those with multiple land lots in different parts of the country, have slowed the equitization of SOEs.

“Maria de Buenos Aires” will be staged in Hanoi on November 15

 Tango opera “Maria de Buenos Aires”, written by Astor Piazzolla, will be performed at the Hanoi Opera House on November 15, starting at 8 p.m.

Vietcombank approved to set up representative office in US

 The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has become the first commercial bank of Vietnam to set up a representative office in the US.

Vietnam carries out ASEAN Declaration on civil service’s role

 Prime Minister Nguyen Xuan Phuc has just approved a project to implement the “ASEAN Declaration on the Role of the Civil Service as A Catalyst for Achieving the ASEAN Community Vision 2025”.

Moody's raises Vietnamese banks’ baseline credit assessments

 Moody's Investors Service has upgraded the baseline credit assessments (BCAs) of 12 Vietnamese banks in its latest report released on October 30.

Vietnam Index of Industrial Production rises 10.4 percent in 10 months

 Vietnam’s Index of Industrial Production (IIP) scored growth of 10.4 percent in the first ten months of 2018, compared to the growth of 9.6 percent in the same period last year.

VN's efforts against illegal fishing

 A delegation from the European Parliament (EP)’s Committee on Fisheries led by EP spokesman Mato Gabriel held a working session with authorities from the central province of Binh Dinh.

Vietnamese dragon fruit farmers worried as Chinese market shrinks

VietNamNet Bridge - China has been expanding the growing area of many kinds of farm produce and has gradually reduced imports from Vietnam.

Stock market cap posts significant growth

 The market capitalisation of stocks and fund certificates has seen significant growth this year, equivalent to more than 80 percent of GDP and exceeding the goal set for 2020, according to an official.

Ngoc Huyen to compete at Miss Model of the World 2018

 The Department of Performing Arts has given permission for Vietnamese beauty Nguyen Thi Ngoc Huyen to compete at the Miss Model of the World 2018 model contest.

Vietnam c.bank pumps US$740 million to stabilize forex market last week

The State Bank of Vietnam’s sale of USD has impacted the VND’s liquidity in the market, which could become more severe as demand for liquidity is growing in the remaining months of 2018.

Cau Ngu Festival recognized as national intangible cultural heritage

 Cau Ngu (whale worship) is a form of folk festival associated with the life of coastal fishermen in several districts in Quang Binh province.

Foreign fashion giants set footprint in Vietnam through M&A

 Vietnamese fashion market has allured many foreign brands and some of which have decided to acquire local clothing companies to enable them enter the potential market as soon as possible.

Yuan payment in Vietnam's border provinces is legitimate: C.bank governor

 Starting on October 12, Vietnam has accepted payment in the Vietnamese dong (VND), Chinese yuan (CNY), or fully convertible currencies for overland trade activities with China.

Court reduces prison sentence for Phan Van Anh Vu

  The High-Level People’s Court in Hanoi lowered the prison sentence for Phan Van Anh Vu, who was found guilty of “deliberately disclosing state secrets”, from nine to eight years at an appeal trial on October 31.

Foreign investors expand networks in Vietnam

 Many foreign firms have continued enlarging their business and production operations in Vietnam as they forecast a rosy outlook in the market.

Vietnam slips 1 notch in World Bank's Doing Business ranking

 Vietnam carried out three reforms during the past year, two fewer compared to the Doing Business 2018 report.

Ly Son garlic brand suffers from fake products

 Ly Son garlic, considered 'white gold' by local people due to its quality and economic value, is now suffering from falling prices due to fake goods.