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Biography of Party General Secretary and President Nguyen Phu Trong

General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong was elected as President for the 2016-2021 tenure at a plenum of the 14th National Assembly’s sixth session in Hanoi on October 23. 

Global market bodes well for Vietnamese tra fish exports

 Positive signals in key Vietnamese markets for tra fish exports like China, the EU and the US, have pushed material and fillet prices to the highest level to date.

Govt misses budget revenue collection target, public debt swells in Jan-Sept

The Government did not achieve its budget revenue collection target in January-September, while the country’s public debt burden was getting heavier.

Vietnam meat market remains potential for foreign investors

 The average current pork consumption in Vietnam currently is 33.5 kilograms/person, but by 2020, this figure is expected to be 39 kilogram.

Are bank shares still attractive to investors?

VietNamNet Bridge - Commercial banks will find it hard to maintain a high profit growth rate in 2019 as credit  and retail banking services will still be the major driving force for bank growth.

Environmental protection tax on many commodities next year

 Lawmakers have decided to raise the environmental tax on a number of commodities from January 1, 2019.

Street vendors cash in on Long Bien Bridge

 Many areas in the Long Bien Bridge are being occupied by street vendors who overcharge travellers for snacks.

Korean contemporary artist holds exhibition in Hanoi

 An art exhibition with the theme of horses by the renowned Korean contemporary artist Lee Sung-Keun is going to take place on October 26. 


Real estate stocks might peak in first half of 2019

 Experts have forecast real estate stocks might peak in the first half of 2019 or even earlier, in the last quarter of this year.

Vietnam's foreign debt projected to touch in 2019

 The National Assembly`s Finance - Budget Committee requested the government to ensure national financial safety by strictly implementing financial disciplines.

Embankment expected to protect ancient town from climate change

 An embankment project along part of the Hoai River, stretching from the iconic Japanese covered bridge to the Cam Nam Bridge, is classified as a priority in the national programme for climate change response. 

VN banks post strong performances in first 9 months

 Many banks have reported good business performance in the first nine months of the year thanks to decreasing provision costs and rising income from services.

Personnel matter a focus at National Assembly on October 24

Personnel matter will be a focus at the National Assembly on October 24, the fourth working day of the NA’s 6th session.  

Foreign animal feed firms expand in Vietnam

 The animal feed industry, which is growing at 10-15 percent annually, is highly attractive to foreign investors, who are steadily expanding their production.

Nguyen Manh Hung appointed as Minister of Information and Communications

With 461 “yes” votes, or 95.05 percent, deputies of the 14th National Assembly approved the appointment of Nguyen Manh Hung as Minister of Information and Communications during the ongoing sixth session in Hanoi on October 24.

Will Vietnam businesses become export agents for China?

VietNamNet Bridge - Economists have warned that the Vietnam economy will “bear a lot of damage from the US-China trade war”.

Apple’s vendors plan to relocate some factories to Vietnam

VietNamNet Bridge - The manufacturers of phone components and accessories for Apple have sent word intimating that they may relocate factories to Vietnam. 

Organic fertilizer still not popular in Vietnam

Organic agricultural production has been expanding in Vietnam, but very few made-in-Vietnam organic fertilizer products are marketed.

Tay ethnic culture preserved in Xuan Giang commune

Over 90% of the population of Xuan Giang commune in Ha Giang is Tay ethnic minority people. Local authorities have established Folk Artisans’ Associations to preserve and develop their traditional cultural identities.

How high is the salary expected by university lecturers?

VietNamNet Bridge - Salaries for lecturers of state-owned universities are based on their service length and contributions in accordance with the wage scale.