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VN-Index forecast to face short-term resistance

 The benchmark VN-Index will soon face resistance at 680 to 690 points, as short-term profit-taking activities are forecast to intensify early this week.

Forbes: five engines guarantee Vietnam’s economic growth in 2017

 The US magazine Forbes said Vietnam can meet its target of 6.7 percent GDP growth in 2017 thanks to five engines, including its resources and trade agreements with other nations.

Polluted water causes mass clam deaths in Thanh Hoa

 Sea water and wastewater samples related to mass clam deaths in central Thanh Hoa Province have failed to meet environment criteria, said Le Van Binh, head of the Environmental Protection Branch.

Hanoi considers free Wi-fi at more spots

 Hanoians as well as tourists may soon get to enjoy free Wi-fi at various places in the capital, if a proposal put up by the local tourism department goes through.

VN’s average floor area per person is 22.8sq.m

 Viet Nam currently has an average floor area per person of 22.8sq.m, according to a recent report by the Ministry of Construction.

Foreign beer companies boost investment in Vietnam

 With high growth potential, Vietnam has become a promising destination for leading global beer companies, according to Sai Gon Giai Phong newspaper.

Achievements in 2016 impetus for future development: Party chief

“Although there remain many difficulties and challenges, the outcomes obtained last year were encouraging, giving favourable conditions for the country to enter a new stage of development,” Party Chief Nguyen Phu Trong has said.

Vietnam's President highlights growing relations with Japan

 President Tran Dai Quang hosted a reception in Hanoi on January 9 for the newly-accredited Japanese Ambassador to Vietnam, Kunio Umeda.

Vietnam forex reserves hit all-time high

 Vietnam’s foreign exchange reserves have soared to an all-time high of US$41 billion, said Prime Minister Nguyen Xuan Phuc at a conference on the implementation of 2017 banking tasks held by the central bank in Hanoi on January 5.

U.S. Secretary of State to visit VN this week

 Deputy PM Pham Binh Minh expected that U.S. Secretary of State John Kerry’s visit to Viet Nam next week will further promote the Viet Nam-U.S. comprehensive partnership.

Online temporary residence registration for foreigners in Vietnam

 The Ministry of Public Security has released Circular 53/2016/TT-BCA on registration and acceptance of temporary residence for foreigners in Viet Nam.

VN-US to open direct air routes in 2018

 National carrier Viet Nam Airlines is readying itself to open direct flights to the U.S. in 2018.

A boost for non-cash transaction development

 The PM has recently ratified a project on non-cash transaction development in Viet Nam in the 2016-2020 period with a view to keeping cash transaction rate under 10%.

Lung transplant to be performed earlier than planned

 The country’s first lung transplant will be performed earlier than planned because many patients may not wait for transplant, said   National Lung Hospital director Nguyen Viet Nhung.

Vietcombank reports pre-tax profits of VND8,212 billion

 Vietcombank’s pre-tax profits in 2016 rose by 23.4% to VND8,212 billion (US$361.3 million), exceeding its target for the year by 2.7%, the lender reported on January 7 at a ceremony to review its performance in 2016.

Education ministry seeks measures to enhance quality of tertiary education

 The Ministry of Education and Training (MOET) held a conference on January 7, gathering heads of higher education institutions in Da Nang to discuss ways to enhance the quality of tertiary education.

Vietnam Airlines' 2016 consolidated revenue at $3.34bn

 Vietnam Airlines and its subsidiaries earned combined revenue last year of more than VND76 trillion ($3.34 billion), an increase of more than 10 per cent against 2015.

Agricultural production attracts big businesses

After Doan Nguyen Duc, owner of a powerful real estate group, and Tran Dinh Long, owner of a steel corporation, decided to pour money into agriculture projects, a number of other billionaires did the same. 

Poor infrastructure obstructs logistics development

VietNamNet Bridge - Reports by Vietnamese and international institutions have all pointed out that Vietnam’s logistics industry is weak in competitiveness. 

HCM City slum life in pictures

 Migrants from the Mekong Delta live together in the centre of HCM City.