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GNN scandal rocks delivery segment

 Fraud in cash-on-delivery payments has sparked a need for the use of e-payments in the domestic delivery market, which is seeing big competition between service providers.

Self-financing the right path for Vietnamese universities

Vu Minh Giang, Chair of Scientific and Training Council of the Viet Nam National University, talks to the newspaper Công Thương on how to improve the competitiveness for university graduates in the labour market.

US commits to respecting Vietnam’s development path

 US officials have reiterated the US’s policy of respecting independence, sovereignty, territorial integrity, political system and development path of Vietnam during recent meetings with Vietnamese officials, said a Vietnamese diplomat. 

New Vietnamese archeological findings announced

 Archeologists delivered 356 reports on the new archeological findings around Vietnam at an announcement event held for the sector during the weekend in the city of Hue.

Labour market shows progress in first nine months of 2018

 Effective administrative reform policies and positive impacts of free trade agreements Vietnam has signed have contributed to the country’s employment situation.

Life’s no drag for the Queens of Hanoi

 VietNamNet Bridge – Mirror space is at a premium at a bar on the edge of the Old Quarter. But only on one particular night.

Vietnamese athletes arrive in Indonesia for Asian Para Games

 The Vietnamese delegation arrived in Jakarta, Indonesia on October 1 to compete in the third Asian Para Games scheduled for October 6-14. 

Vietnamese citizens confirmed safe in Micronesia airplane incident

 Four Vietnamese citizens on board Papua New Guinea’s Air Niugini plane, that overshot the runway in Micronesia on September 28, have been confirmed as safe and sound.

Rational strategies needed in response to ageing population: Deputy Minister

 Sound strategies should be put in place in response to Vietnam’s ageing population, which has one of the fastest rates in the world, according to Deputy Minister of Labour, Invalids, and Social Affairs Le Tan Dung.

Rosy economic prospects for 2018 nine-month review

 Positive signs have been seen in the three areas of agriculture, industry, and service so far this year, while inflation was also controlled to under 4 percent as targeted.

Warhead explosion kills three in Ca Mau

 A warhead explosion on October 1 killed three people in Tran Van Thoi town, Tran Van Thoi district of the southern Ca Mau province, confirmed the district police.

Deputy Minister: CMSC aims to improve accountability for State capital use

 The establishment of the Committee for Management of State Capital (CMSC) aims to improve accountability for the use and management of State capital in business operations, thereby preventing loss and wastefulness. 

Hospitals should give parents a place to stay

 VietNamNet Bridge – Four days after last Monday’s fire near National Children’s Hospital in Hanoi, two human skulls were found in the rubble.

Vietnam’s trade surplus widens to $5.39 billion in 9 months

 Vietnam recorded a trade surplus of 5.39 billion USD in the first nine months of 2018, the General Statistics Office (GSO) said in a monthly report.

19 groups and corporations to be run officially by “Super Committee”

 Most leading state-owned groups and corporations in the sectors of petroleum, electricity, oil and gas, chemicals, rubber, coal and minerals, as well as post and telecommunications are going to be run by the Committee for State Capital Management.

Stellar IPO deals expected in 2019

 Numerous state-owned enterprises, including MobiFone, VNPT, and EVN Genco 1 and 2, are expected to conduct their initial public offering (IPO) in 2019.

About 42,700 hand, foot, mouth disease cases detected in nine months

 VietNamNet Bridge – Vietnam detected more 12,200 hand-foot-and-mouth disease (HFMD) patients nationwide last month, according to latest statistics by the Ministry of Health.

BUSINESS NEWS IN BRIEF 2/10

CPI rises in major cities in September, Agro-forestry-fishery exports rise 9.3 percent in nine months, Cargo through seaports surges, Qatar Airways flights to connect Da Nang with Doha, Firms seek new paths to customers

Environmental tax hike to put heavy burden on businesses, consumers

VietNamNet Bridge - The heavier environmental tax on petrol is expected to seriously affect businesses and burden the poor.

Former Party General Secretary Do Muoi passes away

 Former General Secretary of the Communist Party of Vietnam Central Committee Do Muoi passed away at 23:12 on October 1 at the Military Central Hospital 108 due to serious illness.