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First working day of Party Central Committee’s 8th plenum

 The 12th Central Committee of the Communist Party of Vietnam spent the morning of the first working day of its 8th meeting on October 2 listening to several reports.

Vietnam Coast Guard vessel pays first visit to India

 Vessel 8001 from the High Command of Vietnam Coast Guard, Zone 3, led by Vice Commander Sen. Lt. Col. Nguyen Minh Khanh docked in Chennai port on October 2.

Vietnam Int’l Travel Mart project receives approval

 The Ministry of Culture, Sports and Tourism has recently approved a project to organise the Vietnam International Travel Mart (VITM), promoting it as an important international and national tourism event.

Exhibition displays rare colour in lacquer paintings

 Traditional lacquer paintings are on display at an exhibition entitled Lam (Deep Blue) in Hanoi.

Vietnam offers aid to victims of quakes, tsunami in Indonesia

 The Vietnamese Government on October 2 decided to offer 100,000 USD in aid relief to help the Indonesian Government and people overcome consequences of recent earthquakes and tsunami.

FDI inflow helps Vietnam modernize technology

 The inflow of FDI has helped Vietnam access advanced technology in the world, said Director of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment Do Nhat Hoang. 

Greatest Vietnamese movies listed in renowned critic’s book

 “101 greatest Vietnamese movies” is the latest book by film journalist Le Hong Lam. The book names 101 movies produced from 1953 to 2018.


Vietnam’s Ambassador to Ukraine honoured by World Jurist Alliance

 Vietnamese Ambassador to Ukraine Nguyen Anh Tuan has been granted with the Order of the Rule of Law and Justice by the Kiev-based World Jurist Alliance.

Disabled designer makes dream come true

 VietNamNet Bridge – Designer Ha Thi Thong, 31, overcame disability to follow her passion for fashion. From working as a small-town tailor she has become a well-known designer. 

McDonald's struggles with competition in Vietnam

 Failure to capture the attention of the Vietnamese market was odd given that foreign burger chains had previously been met with success when expanding in Asian countries.

Tropical forest coffee in Hanoi attracts young

 The Tropical Forest coffee shop has become a popular get-away destination for Hanoi people after a hard working day.

BUSINESS NEWS IN BRIEF 3/10

Hanoi to host Seafood Product Fair this October, Geleximco proposes takeover of logistics centre and seaport, Office for lease in high demand, Vietnam Frontier Summit 2018 on way, September PMI down to ten-month low

Foreign investors pour capital into banks, bank share prices escalate

VietNamNet Bridge - Investors now are feeling the heat from bank shares as prices escalate every day.

Binh Thuan: ‘black gold’ mining destroys beautiful landscapes

VietNamNet Bridge - Beautiful landscapes in Binh Thuan Province are at risk of being wiped out by titanium mines.

Textbook market: monopoly is behind all the problems

The Ministry of Education and Training takes on all the work, including compiling, verifying, approving, and printing and distributing textbooks. In other words, it holds a monopoly.


Low productivity poses risks to Vietnam economy

 Spillover effects from the FDI sector to domestic enterprises are considered a long-term solution for sustainable productivity development.

Promoting internal strength to cope with trade war implications

 As the US-China trade spat intensifies, Deputy Chairman of the National Assembly’s Economic Committee Nguyen Duc Kien highlights the need to promote internal strength to use external conditions for national development.

Vietnam's large banks to end cross-ownership soon

 Favorable stock market and positive economic growth have helped large banks to step up divestment from other peers to meet the central bank’s regulation on holding shares at other credit institutions.

Sony products sell slowly amid rumor about company leaving Vietnam

Despite sharp discount rates, Sony products still have been selling slowly because of the rumour that the company will leave Vietnam and warranty services will no longer be available.

Illegal sand exploitation causes land erosion along Hong River

 VietNamNet Bridge – Local residents living along the Hong (Red) River said that illegal sand exploitation during the rainy season had caused erosion and seriously affected their lives, reported online newspaper vov.vn.