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Hi-tech agriculture heats up NA session

 The restructuring of agriculture sector towards high technology was a highlight of the National Assembly’s debate on November 2. 

Vietnam to stay focused on renewal: PM

 Vietnam is determined to renew itself and build an incorruptible and constructive Government to serve the people and businesses, Prime Minister Nguyen Xuan Phuc said on November 2.

Bank bankruptcy, bad debt settlement both tricky

 llowing insolvent banks to file for bankruptcy on a trial basis and settlement of bad debt are capturing public attention as theNA will discuss an economic restructuring plan on November 2, but a senior expert believes both jobs are tricky.

Insurance industry sees IT breakthrough

The application of information technology is expectedto significantly improve the insurance industry in the 2016-2020 period, according to the Ministry of Finance’s Insurance Supervisory and Authority. 

Vietnamese goods struggle to penetrate ASEAN markets

VietNamNet Bridge - While goods from ASEAN countries and China are flowing to Vietnam under free trade agreements (FTAs), Vietnamese goods are finding it difficult to penetrate the markets.

Multiple banks report strong earnings

Many commercial banks have released their third quarter financial reports with profit rising sharply despite huge risk provisions, Nguoi Lao Dong newspaper reports.

Govt report: Huge foreign aid unused

 Vietnam used more than US$22 billion in official development assistance (ODA) in the five years ending 2015 but another US$22 billion was left unused, says a Government report to the National Assembly (NA).

Flooding continues to wreak havoc in central region

 The Central Steering Committee for Flood and Storm Control’s permanent board and the Department of Disaster Prevention and Control for the Central region will establish two working groups to aid flood recovery in the Central provinces.

Lotte to invest in vietnamese startup community

 Lotte Group will invest US$1 million to support the Vietnamese startup community over the next five years.

VN targets $10b worth of e-commerce by 2020

 The Vietnamese e-commerce market is expected to surge in the next five years, the Ministry of Industry and Trade, which has set an online sales target of US$10 billion or 5 per cent of total retail sales, has said.


Plastic sector under pressure from foreign firms

 Vietnamese plastic firms are facing fierce competition and threats of being acquired by foreign peers, experts said at a conference held in Ho Chi Minh City on November 2.

Vietnamese firms spend little on “green” technologies

 Vietnamese businesses’ spending on environmental protection remains modest compared to their total investment and operation expenses, according to a survey released on November 2. 

HCM City cracks down on drug crimes

 The police and relevant agencies of Ho Chi Minh City have intensified crackdowns on drug crimes this year, seizing a large volume of drugs, including 10kg of heroin and over 110kg of synthetic drugs in the last ten months. 

All karaoke bars in Hanoi to be checked for fire safety

 Hanoi’s fire department will conduct safety checks on all 1,204 karaoke bars in the capital city following the deadly blaze on November 1 at a karaoke bar at 68 Tran Thai Tong Street that claimed 13 lives.

ASEAN, US announce winner of Science Prize for Women

 ASEAN and USAID, in partnership with UL, a global safety science organisation, has announced Dr. Worajit Setthapun of Thailand as the winner of the 2016 ASEAN-US Science Prize for Women, according to the ASEAN Secretariat website. 

Legislators explore socio-economic development plan execution

  National Assembly deputies on November 2 began exploring the outcomes of the implementation of socio-economic development plan in 2016, the plan for 2017 and the economic restructuring plan for 2016-2020. 

Vietnam, China beef up defence ties

 China wants to deepen result-oriented defence cooperation with Vietnam, stated Chinese Defence Minister Chang Wanquan during his meeting with Vietnam’s Deputy Defence Minister Nguyen Chi Vinh in Beijing on November 2.

NA deputies applaud Government’s responses to hot issues

 The Government has quickly responded to pressing issues in society since it took office earlier this year, several National Assembly (NA) deputies told the media on the sidelines of the November 2 plenary discussion. 

Czech, Vietnam hold deputy ministerial-level political consultation

 The Czech Republic has expressed the wish to enhance the traditional cooperation with Vietnam in the field of labour, especially to bring Vietnamese nurses and doctors to work in Czech under long-term contracts. 

Will APEC 2016 make changes in global trade?

For some countries, the APEC Summit will listen to, discuss and begin to make important decisions about the new order centered by China when Washington under the reign of Donald Trump is preparing to reduce its role in global issues.