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Tightened monetary policy forecast for Q4 2018

The State Bank of VN will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect VN’s economic growth.

VN fastest growing ASEAN economy: SCB

 Standard Chartered Bank continues to expect Viet Nam’s robust GDP growth of 7 per cent in 2018, driven by strong FDI-supported electronics manufacturing and rising consumption.

Remittances to Vietnam could fall due to US policies

 Overseas remittances to Vietnam are expected to decline mainly due to global factors.

Music project to rock youth

 VietNamNet Bridge – A project has been launched recently by Bức Tường (The Wall) band and Viet Nam Cable Television to encourage youths to join the rock music scene in Vietnam.

Swimmer secures first gold for Vietnam at Asian Para Games 2018

 Swimmer Nguyen Thanh Trung secured the first gold medal for Vietnam at the 3rd Asian Para Games in Indonesia (INAPG 2018) after taking lead at the men’s 100m breaststroke event for athletes with disability category of SB4 on October 7.

Three Vietnamese firms enter Forbes Asia’s 200 Best Under A billion list

 Three Vietnamese firms have made it to Forbes Asia’s 200 Best Under A billion-TOP 200 list in 2018, which highlights the 200 high-performing Asia-Pacific companies with revenue under 1 billion USD.

Ceramic vase set enters Vietnam Book of Records

 A set of 100 ceramic floor vases featuring Vietnam’s traditional patterns created by artisan Pham Van Tuyen - Venerable Thich Chanh Tinh, has received an entry in the Vietnam Book of Records.

National forum seeks to promote girls’ rights, end child marriage

Girls’ safety in public areas and child marriage problems were the main topics at a dialogue on October 7 between girl representatives and leaders of a number of National Assembly committees, ministries, sectors and central organisations. 

Vietnam’s teams rank seventh at Chess Olympiad

 VietNamNet Bridge – Vietnam’s teams rank 7th after the 11th round of the 2018 Chess Olympiad concluded in Batumi, Georgia on Saturday.

Labour market posts rise in nine months

 The General Statistics Office’s Department of Population and Labour Statistics reported that in the first nine months of 2018, the number of labourers aged above 15 was estimated at 55.2 million, up 581,500 people from the same period last year.

Vietnamese rice now top quality on the international market

 Vietnamese rice exports have never experienced a rise quite like that just seen in the first nine months of 2018. 


Events in Hanoi & HCMC on October 8-14

 Events in Hanoi & HCMC on October 8-14

Prime Minister Nguyen Xuan Phuc welcomed in Tokyo

Japanese Prime Minister Shinzo Abe hosted an official welcome ceremony for and had talks with his Vietnamese counterpart Nguyen Xuan Phuc in Tokyo on October 8 morning.

31,000 overloaded vehicles refused entry to highways: VEC

 VietNamNet Bridge – Transport authorities have prevented 31,000 trucks overloaded with goods or passengers from entering highways since early this year, 

BUSINESS NEWS IN BRIEF 8/10

Powering digital solutions for the cement industry, Amazon assists Vietnamese online sellers through new localised website, Muong Thanh spreads wings in Laos, Hoa Sen drops out of real estate over poor results


Multi-billion dollar oil refineries: SOEs quit, foreign investors jump in

VietNamNet Bridge - Because of limited financial capability, state-owned enterprises (SOEs) have decided to quit multi-billion dollar oil refinery projects. 


Schools that lack teachers not allowed to expand staff

VietNamNet Bridge - Schools have repeatedly complained to the Ministry of Education and Training about the lack of teachers, but the Ministry does not have the right to recruit teachers.

Hanoi vows to cut number of private vehicles to ease pollution

VietNamNet Bridge - Environmental experts say 70 percent of the volume of exhaust gas emitted into the environment comes from transport vehicles. 

HCM City plans $67m school milk programme

 HCM City plans to launch a school milk programme with a total cost of VND1.482 trillion (USD67.36 million) during the 2018-2020 period.

Xo Dang epics add color to Central Highlands ethnic culture

 Like the epics of other ethnic groups in Vietnam’s Central Highlands, the epics of the Xo Dang people provide a view of a certain historical period, depicting people’s daily lives and their struggle to protect their land and communities.