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Vietnam GDP per capita rises

 Vietnam has seen a considerable increase in GDP per capita, but more efforts were needed to achieve the goal of USD3,200 by 2020.

Hanoi construction sites pose risk

 Construction sites in the capital pose dangers, due to unsafe working practices. 

Phong Phu Ha Nam claim maiden National Women’s Football crown

 Phong Phu Ha Nam beat Ho Chi Minh City I with a narrow score of 1-0 in the final match of the 2018 National Women’s Football Championship, on October 15, to be crowned the champions for the first time in the club’s history.

Vietnamese interns, students die in succession in Japan

 In Nisshinkutsu temple in Tokyo’s Minato Ward, new mortuary tablets written in Vietnamese line the shelves.

New g-bond futures contract needs trading mechanism

 The coming derivative product for government bonds (known as g-bonds) is expected to help financial institutions hedge risks, but experts have raised concerns about the trading mechanism.

Coffee exports rise, but value stagnates

 Viet Nam exported 1.46 million tonnes of coffee worth US $2.77 billion in the first three quarters of 2018, an increase of 20.1 per cent in volume and 0.4 per cent in value compared to the same period last year.

Textile & garment, footwear industries told to expect new FDI wave

The foreign direct investment (FDI) flow into the textile & garment and footwear industries increased sharply after Vietnam signed the EU-Vietnam FTA and CPTPP, and is expected to continue to rise in the context of the US-China trade war.

Vietnam to open public procurement market

 Viet Nam will open its public procurement market after the Viet Nam - EU free trade agreement (EVFTA) comes into effect.

Hanoi’s mega smart city set to break ground

 The BRG-Sumitomo joint venture and authorities in Ha Noi have intensified efforts to kick off construction on Ha Noi’s mega smart city project this December.

International Rice Congress considers how to increase yields, food security

 Rice is a crop of global significance and a vehicle for economic prosperity and climate change adaptation and mitigation, delegates heard at the 2018 International Rice Congress, which opened in Singapore yesterday.

VARS: Resort property transactions reach stagnancy

 The resort property sector, especially condotels (condominiums in hotels), have stalled in both supply and transactions, according to the Vietnam Association of Realtors (VARS). 

MoIT makes out case for crypto mining

 The Ministry of Industry and Trade (MoIT) has proposed not to suspend the imports of cryptocurrency mining machines (HS code 8471.80.90) in order to ensure the production and business activities of enterprises.

Vietnam, Japan to jointly produce horror movie

 Vietnam will for the first time cooperate with Japan to produce a horror movie about zombies, entitled Gameshow Tu Than (Game Show of Death), which is a remake of famous Japanese horror flick St. Zombie Girls’ High School.

Vietnam boosts cooperative ties with Belgium, EU: diplomat

PM Nguyen Xuan Phuc’s tour to Belgium and the EU marks important milestones for Vietnam-Belgium relations and the Vietnam-EU Comprehensive Partnership and Cooperation, a diplomat has said.

Petrol price hike may lead to high inflation

Macroeconomic targets were built with the presumed crude oil price at below $50 per barrel. However, the price has exceeded the $90 per barrel threshold, nearing $100.

Lower corporate income tax on SMEs proposed

 Corporate income tax levied on small and medium–sized enterprises (SMEs) should be reduced to promote the business development, a solution together with broadening tax base to increase budget revenue from business and production.

Vietnam claims seven gold medals at International Marionette Festival

 Vietnam bagged seven gold medals at the 5th International Marionette Festival, which ended on October 15 in Hanoi.

NA Standing Committee convenes 28th session

 The National Assembly Standing Committee opened its 28th session on October 15, with a focus on preparations for the upcoming sixth session of the National Assembly. 

Vietnam Airlines, Jetstar Pacific among world’s safest airlines

Vietnam Airlines and the budget carrier Jetstar Pacific were awarded the highest seven-star safety ranking from the world’s safety and product rating agency AirlineRatings.com, Vietnam Airlines Corporation said on October 15.

Dung Quat biofuel plant resumes operation after three-year hiatus

 The Dung Quat biofuel plant in central Quang Ngai province resumed operations on October 14, after operations were halted three years ago for inefficiency.