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Investors stress over falling stock market

The stock market in Vietnam fell into group of world's strongest falling markets when it lost 11.6 percent of its value in September.

Two metro lines in HCMC behind schedule

Two metro line projects in HCMC have been lagging behind schedule, so the deadlines for their completion will be extended, according to the Ministry of Transport.

State Audit of Vietnam to audit VND350 trillion aid package

The State Audit of Vietnam (SAV) will audit a relief package worth some VND350 trillion for the country’s economic recovery and development in 2023.

VIETNAM BUSINESS NEWS OCTOBER 12

VITM Da Nang 2022 to take place in December

Vietnam ranks first in foreign arrivals to Japan

Vietnam ranked first in terms of the number of foreign visitors to Japan in the first eight months of 2022, with over 160,000 arrivals, according to the Japanese National Travel Organisation (JNTO) Representative Office in Vietnam.

TikTok-based livestream programme to promote OCOP products launched in Hanoi

A livestream broadcast to promote One Commune, One Product (OCOP) programme's products and local and regional specialties on TikTok platform was launched in Hanoi on October 11.

Heavy rains isolate many areas in central Vietnam

Many areas in Vietnam’s central region have been isolated by floods.

IMF forecasts Vietnamese GDP growth to continue at 7% this year

Vietnamese GDP growth is projected to surge by 7% this year, thereby taking the lead among the group of five emerging markets in Southeast Asia, according to IMF's World Economic Outlook Report for October.

"The et Sympathie" by Le Pho goes for US$1.3 million at international auction

The painting "The et Sympathie" by local artist Le Pho has been sold for a total of US$1.3 million at the Modern Evening Auction of Sotheby's in Hong Kong (China).

Vietnam’s election to UNHRC affirms efforts in promoting human rights: official

Vietnam’s election to the United Nations Human Rights Council (UNHRC) for the 2023-2025 tenure affirms the recognition of Vietnam's position and its effort in promoting and protecting human rights, Deputy Foreign Minister Pham Quang Hieu has said.

Ministry of Finance confirms that investors’ benefits are guaranteed

Minister of Finance Ho Duc Phoc said all bond issuers have committed to pay debts on schedule.

VIETNAM NEWS HEADLINES OCTOBER 12

More HCMC gas stations fall short of supplies

14 socio-economic development targets met or exceded this year

Only one of 15 social-economic development targets are not expected to be met or exceeded this year.

The New York Times lists Capella Hanoi as one of the top 10 best hotels in Asia

After being recently honoured as "Asia's Leading Luxury Boutique Hotel" at the World Travel Awards (World Travel Awards Asia 2022), Capella Hanoi continues to be acknowledged by the New York Times.

Billionaire Ho Hung Anh loses top position in banking sector

Some banking billionaires are seeing their stock assets fall because of decreasing share prices following news about corporate bonds and real estate.

Flood tides threaten Mekong Delta

Provinces in the Mekong Delta are suffering from serious flooding as flood tides approach the 2019 historic peak.

Vietnam to host Blockchain Summit 2022 in October

The largest-scaled Vietnam Blockchain Summit 2022 will be held on October 19-20, sponsored by the Government Cipher Committee.

Delayed public property projects lead to waste

Prime Minister Pham Minh Chinh has recently spent weekends traveling to many localities to examine delayed construction works which have been exposed to sun and rain.

Long lines of motorbikes still seen at many petrol stations in HCMC

After the adjustment of gasoline prices, long lines of motorbikes were still seen at many petrol stations in Ho Chi Minh City to fill their vehicles up.

Vietnam’s economy projected to grow 8% in 2022: Government report

The Vietnamese economy is forecast to expand by 8% in 2022, surpassing the target of 6-6.5%, according to a report prepared by the Government and discussed by the National Assembly Standing Committee on October 11.