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PM arrives in Tokyo for 10th Mekong-Japan Summit Meeting

 Prime Minister Nguyen Xuan Phuc, his spouse and entourage arrived in Tokyo on late afternoon of October 7 to attend the 10th Mekong-Japan Summit Meeting and visit Japan.

NA Chairwoman arrives in Turkey for MSEAP 3

 National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan and a high-ranking delegation from the Vietnamese legislature arrived in Istanbul, the capital city of Turkey, on October 7 afternoon (local time).

Local car maker increases localisation rate

 Local car maker Truong Hai has increased the proportion of components it sources from local suppliers in order to reduce sale prices and improve competitiveness, as tariffs on cars have fallen to zero throughout the ASEAN region.

Transport ministry wants to raise seaport service fees

 The Ministry of Transport is considering an increase to seaport service charges in a bid to attract more private logistics infrastructure investments.

Transfer pricing: cars sold in Vietnam three times more expensive than in the US

Transfer pricing has always been a heady problem for the Vietnamese government and ministries since the country began attracting FDI (foreign direct investment). 

Seniors prove age is just a number

 VietNamNet Bridge – Some seniors in Vietnam are proving age is just a number and continue to work well into their twilight years.

Former Party General Secretary Do Muoi laid to rest in hometown

 A burial service for former General Secretary of the Communist Party of Vietnam (CPV) Central Committee Do Muoi took place in his native land in Dong My commune, Thanh Tri district, Hanoi at 1pm of October 7.

Environmental tax hike must be rolled out transparently

Dinh Tuan Minh, an economic expert from the Institute for Policy Research and Technology, speaks to the newspaper Kinh tế & Đô thị on the need for transparency and accountability in the decision to raise the environmental tax

Memorial services for former Party General Secretary Do Muoi held in Hanoi, HCM City

 Memorial services for former Secretary of the Communist Party of Vietnam Do Muoi were held at the National Funeral Hall in Hanoi and Thong Nhat Hall in Ho Chi Minh City in the morning of October 7.

Tightening monetary policy: strong message from central bank

The State Bank of Vietnam (SBV) has requested commercial banks to control disbursement in risky business fields such as real estate, consumer credit and securities investments.

Van Don District plans for the future

 VietNamNet Bridge – Van Don Island is quiet on a rainy day. When we paid them a visit, the range of islands in Bai Tu Long Bay was covered in a blanket of drizzle.

Outdoor activities help stroke patients recover

 VietNamNet Bridge – Organising outdoor activities for patients may be unusual at most hospitals but it is normal at Da Nang Hospital of Traditional Medicine.

Bamboo houses keep old skills alive

 VietNamNet Bridge – Bamboo, clay and straw were traditionally used as building materials in rural Vietnam, when cement, brick and steel were not available. As cities expand, homes made of bamboo have gradually disappeared,

Village leaders show there’s life in old dogs yet

Many elderly people want to relax and spend more time with their families, but some old people in Thanh Hoa Province’s mountainous district of Quan Son are proving they can still play a big role in society.

Relaxation of foreign ownership cap helps VN market raise status

 The new amended draft law on securities allowing full foreign ownership at public companies and investment funds would help Viet Nam’s securities market be included in MSCI’s review list for a potential reclassification to Emerging Markets status.

Margin trading bans announced by HOSE

 The Ho Chi Minh Stock Exchange has announced the list of 78 shares which are not eligible for margin trading in the last quarter of this year – with many of them under the radar of investors.

Listed VN companies revise business targets

 Several listed companies want to adjust their business targets for this year with the end of 2018 approaching.

Vietnamese office market has huge potential for growth

 Growth in the domestic office market has continued this year and is set to remain at record levels well into the future after more than 7 per cent growth in grade A rents last year, according to Savills Viet Nam.

Landed property sees good growth

 The domestic market saw strong development in the landed property segment in the third quarter of this year, according to CBRE Viet Nam’s report on the Ha Noi property market.

Photographer Catherine Karnow talks Vietnam’s achievements

Vietnam has made significant socio-economic achievements over the past 30 years of its reform process. The changes have become an inspiration for Catherine Karnow, photographer for the renowned National Geographic magazine.