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Cai Luong opera festival takes place in southern Vietnam

 The National Cải Lương (reformed opera) Festival 2018 is underway in Long An province, attracting the participation of 25 theatres and troupes nationwide.  

Rural people in need of new bridges after flood

 After floods in late August, many bridges in Van Luong commune of Tan Son district, the northern midland province of Phu Tho have collapsed or been seriously damaged. 

Domestic airlines' punctuality improves in eight months

 The rate of delayed or cancelled flights operated by domestic airlines in the first eight months of the year was lower than the world average of 25 percent.

Vietnam’s stock market capitalisation reaches 79.2 percent of GDP

 Vietnam’s stock market capitalisation increased 13 percent against the end of last year, reaching nearly 3.97 quadrillion VND (169.5 billion USD) by the end of August.

Vietnam, South Africa cooperate in crime combat

 The Supreme People’s Procuracy of Vietnam (SPPV) and the National Prosecuting Authority of South Africa (NPA) have agreed to cooperate in crime combat through rapid and effective criminal judicial assistance.  

Lion dance teams to celebrate mid-Autumn festival

 Teams from China, Thailand, Malaysia, Singapore and Vietnam will compete in the International Kylin and Lion Dance competition at Da Nang’s Helio entertainment centre on September 14-16.

Party chief concludes official visits to Russia, Hungary

 Party General Secretary Nguyen Phu Trong’s official visits to Russia and Hungary were very successful, creating conditions for developing Vietnam’s relations with the two countries in a comprehensive, substantive and more profound manner.

Vietnam authorities target e-commerce infrastructure development

While Vietnam has huge potential for e-commerce development, the country’s infrastructure for the industry still lacks synchronization and connectivity.

National Assembly’s sixth session to open on October 22

 The sixth session of the 14th National Assembly will open on October 22 and last through November 20, according to a draft schedule presented at the meeting of the NA Standing Committee on September 11. 

When marriages between investment funds and businesses break up

VietNamNet Bridge - If businesses can successfully call for capital from investment funds, they can usually hope for a good ending, but in many cases, they end up with many problems.


VAMC plans to resolve $5.95 billion of bad debts by 2020

 The Vietnam Asset Management Company (VAMC) plans to resolve at least 140 trillion VND (5.95 billion USD) of non-performing loans (NPLs) from now until 2020, of which 34.5 trillion VND will be settled this year.

Prime Minister writes about 2018 WEF-ASEAN

 Prime Minister Nguyen Xuan Phuc has written an article on the occasion of the 2018 World Economic Forum on ASEAN (WEF-ASEAN 2018) which is taking place in Hanoi from September 11-13.

Vietnam to have more than 7,000km of expressways

 Vietnam’s expressway system is set to stretch from 6,400 km to more than 7,000km by 2030, as the Ministry of Transport is mulling adding several routes to the national network.

Vietnam U19s put through their paces before Qatar friendlies

 After returning from a 10-day training camp in Japan on September 10, the Vietnamese U19 men’s football team worked up a sweat in Hanoi as they are preparing for an upcoming friendly tournament in Qatar.

WEF ASEAN 2018: PM holds dialogue with global corporation leaders

PM Nguyen Xuan Phuc hosted a dialogue on September 12 with arout 20 leaders of multinational corporations who are in Vietnam to attend the 2018 WEF ASEAN. 

WEF on ASEAN co-chairs share views of forum

A top executive of Plan International on September 12 praised the theme of the ongoing WEF on ASEAN, saying it resonates well with her organisation’s priority on young female entrepreneurs.

McKinsey report: Vietnam among economic outperformers

 Vietnam is classified as one of the outperformers among emerging economies, according to a report of McKinsey Global Institute (MGI).

Cities must go cashless to go smart

Vietnam is driving its cities towards being smarter and going cashless with the aid of digital payments that will play a key role in the transformation of these cities, benefitting individuals, businesses, and the economy as a whole. 

Riding digital payments to the future of transport

Innovations in digital payments are expected to transform public transport systems around the world, promising a better experience for Vietnamese passengers on any mode of travel. Nam Phuong reports.

Banks, borrowers reluctant to bring credit disputes to arbitration center

VietNamNet Bridge - A survey has found that 70 percent of businesses want to have their disputes settled by arbitrators, but in most cases, disputes are brought to court instead.