Viglacera Corporation JSC (Viglacera) plans to reduce its State ownership to 36 per cent this year, said Luyen Cong Minh, executive chairman of the corporation.

 Many business people, who hold leadership positions at both banks and other firms, have decided to give up their positions in enterprises and keep the banking management positions to meet a new Government regulation.

 Prime Minister Nguyen Xuan Phuc signed a decision to form a working group to boost the formation of a special committee responsible for managing State capital at enterprises.

Viet Nam has planned to have 500 hi-tech agricultural cooperatives and to increase the high-tech farming production value by five times by 2020.

 Viet Nam’s Saigon Heat tasted their first loss this year after losing to Westports Malaysia Dragons 87-91 at the ASEAN Basketball League (ABL).

 Viet Nam is optimistic about bilateral relations between Viet Nam and the US in 2018, Vietnamese Deputy Foreign Minister Ha Kim Ngoc said at a seminar in HCM City on Wednesday. 

 Da Nang’s transport department and the Republic of Korea’s Seoul Metro corporation signed a Memorandum of Understanding (MoU) in urban railway development and public traffic research at a ceremony in the central city on January 16.

NA Chairwoman Nguyen Thi Kim Ngan urged Vietnam and Indonesia to increase the exchange of visits and optimize cooperative mechanisms to raise bilateral trade to $10 billion in 2018 from $5.4-5.6 billion a year during the past three years. 

 A sewer line of an apatite factory in northern Lao Cai Province broke on Wednesday, flooding some local households and their crops.

 National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan hosted a reception on January 18 for President of the Senate of Malaysia’s Parliament S. Vigneswaran M. Sanasee, who is in Hanoi to attend APPF-26.

GSO (General Statistics Office) has released a report showing that labor productivity is VND93.2 million per worker, or $4,159, in accordance with 2017 prices. 

VietNamNet Bridge - For the 8X, 9X and 10X generations, “Hey, let’s have a milk tea” has replaced the classic invitation for “A cup of coffee?”. 

 GS Retail Co., a major convenience store chain operator in the Republic of Korea (RoK), said on January 17 that it will open its first two foreign branches in Vietnam. 

 Vietnam’s Nguyen Van Phuong secured a place in the third round of the Copa Del Café Junior Tennis Tournament in Costa Rica on January 17.

 An art exhibition titled Colour of the New Year – Year of the Earth Dog, is due to open in the central city’s Fine Arts Museum on January 18. 

 Vietnamese shares plummeted on January 17 as investors realised short-term profits. Worries remained that the adjusted policy on margin lending could take effect early next month.

 Nguyen Trung Nam of Vietnam won a brace of titles at the 2018 Melbourne Open Championships on January 16 in Australia.

The public investment restructuring scheme in 2017-20 will focus on core sectors of the economy and major projects that give impetus to socio-economic development and promote public and foreign investments under PPP practice.

 Deputy Prime Minister Trinh Dinh Dung has approved adjustments to the development master plan for the Mekong Delta region until 2020, with a vision to 2050. 

 The U23 team have written a new page in the history of Vietnamese football after winning a ticket to the quarterfinals of the Asian Football Confederation (AFC) U23 Championship in China on January 17.