A tropical low-pressure system may gain strength and develop into a tropical storm when making landfall in Viet Nam today, the National Centre for Hydro-meteorological Forecasting said yesterday.

Economists have warned that if natural resource advantages cannot be exploited well, they will end up becoming critical disadvantages in the central region, hindering economic development.

 Consumer finance is proving to be an attractive sector with the number of foreign companies rising through mergers and acquisitions, the news site cafef.vn reported.

 The finance, banking and insurance industry expanded 7.89 per cent in the first nine months of this year, the highest level recorded in the past seven years.

 Upgrading old buildings and relocating families living near canals are among the major projects that HCM City aims to carry out in the short term, according to city authorities.

 Amid increasing demand for talent from existing and newly established businesses, employers are facing challenges in finding the right candidates, according to a recent snapshot report on Vietnam’s labour market by Adecco Vietnam.

 The National Financial Supervisory Committee (NFSC) anticipates gross economic growth of Viet Nam in 2017 will be more than 6.7 per cent.

 With its rapidly growing economy and 95 million population of whom 60 per cent are young consumers, Viet Nam is an attractive destination for global franchising and retail businesses.

 The first-ever Viet Nam Business Summit will be held in Da Nang City on November 7 within the framework of APEC meeting of 21 leaders of economies, the VCCI announced on Monday.

 Vietnam’s U23 team will compete in the international friendly football tournament the M-150 Cup 2017 in Thailand on December 9-15.

 The 21st charity Terry Fox Run, to be held in HCM City on November 5, is expected to attract thousands of participants of all ages to the 5-km course.

With labour migration on the rise across ASEAN, countries like Vietnam should strengthen protections for workers while lowering barriers to their mobility, argues a new WB report released yesterday in Singapore.

 Troubled by low fertility rates in the southern provinces, the Ministry of Health has proposed relaxing the country’s two-child policy in order to allow Vietnamese parents to decide the number of children they want.

 The HCM City  People’s Committee has approved the 1/2000 scale plan for the city’s second science and technology park to be built in District 9 at a cost of around VNĐ4.3 trillion (US$188 million).

 A permanent exhibition house for Indonesian products officially opened in Hanoi on October 10.

 Automobile traders are suffering tough times due to a slide in prices and sales, though the used-car market has been vibrant.

 Vietnam’s export value is likely to hit 203 billion USD in 2017, a year-on-year rise of 14.5 percent, economists predict.

 Ban Gioc Waterfall is considered a priceless gift that the nature has given to the northern mountainous province of Cao Bang. It is an overwhelming waterfall with breathtaking beauty in Southeast Asia

 The Standing Committee of the 14th National Assembly will convene its 15th session in Hanoi from October 11-13, with many important issues to be discussed, including preparations for the legislature’s fourth meeting in October. 

 Vietnamese consumers are the second-most optimistic in Asian-Pacific markets, according the latest survey on consumer confidence conducted by MasterCard.