The HCMC Department of Construction has recently proposed to the city’s People’s Committee a number of practical solutions for the city’s Property Market Development Project in the 2016-2020 Period, Orientation to 2025, and Vision to 2030.

As of August 2016, Unitel, a joint venture of Viettel Global Joint Stock Company and Lao Asia Telecom from Laos, reached $1 billion and $300 million in cumulative revenue and profit, respectively, since starting operation in September 2009.

VinaCapital opposed the latter’s decision to carry out the $10.6 billion steel complex in the central province of Ninh Thuan due to concerns over environmental pollution.

 Vedan Vietnam Enterprise Corporation Limited (Vedan Vietnam) is the second 100 per cent foreign-owned company that wants to directly import coal to fuel its own plant’s operations in Long Thanh district of the southern province of Dong Nai.

 Vietnam Sugar cane and Sugar Association (VSSA) has proposed that the Prime Minister allow importing raw sugar instead of refined sugar to save foreign currency for the 2016-17 crop.

 No regulations require Vietjet to hold their initial public offering (IPO) in Vietnam before moving to an offshore market.

 The national flag air carrier Vietnam Airlines has completed procedures to become a joint-stock company, the corporation announced on October 16. 

 The Japan International Cooperation Agency (JICA) has announced that Japan will help Vietnam prevent flooding through the establishment of special-purpose companies.

 Close to 39,000 Vietnamese students are studying in Japan in 2016, rising 47 percent compared to 2014 figure. 

 Most national highways in the central coastal province of Quang Binh were reopened to traffic on October 16 after the recent flood.

 The Preventative Health Department under the Ministry of Health (MoH) has confirmed two more cases inflected with Zika virus in Ho Chi Minh City, raising the total number of infections in the country to seven.

 Vietnamese shares may continue to rise this week, as a difference in pricing between blue chips and speculative stocks, as well as prospects of solid third-quarter earnings reports, could keep investor confidence positive.

 No 4 seed Jordan Thompson won the Vietnam Open tennis tournament which closed yesterday in HCM City.

 Supreme Chonburi club of Thailand won the VTV International Women’s Volleyball Tournament on Saturday in Ha Nam Province.

 Two earthquakes, measured 3.1 and 3.4 on the Richter scale, hit the mountainous districts of Tay Giang and Phuoc Son on Saturday morning (October 15.

 The Prime Minister has agreed in principle to allow the HCM City administration to apply bidding selection forms in special cases under Article 26 of the Law on Bidding to select a contractor for a tidal flood control project for the city.

Real estate attracted the second largest volume of foreign direct investment with 34 new projects worth $1 billion in the first nine months of this year, or 6.1 percent of the total.

VietNamNet Bridge – Many touching pictures collected from the Korean people and social organizations, relating to the massacres of civilians in the Vietnam War, have been presented to Da Nang by the Korean-Vietnamese Peace Foundation.

 A major effort to reform the nation’s education system and make it more practical and relevant has been ongoing for the last five years, but there is a danger that this can stumble on its own contradictions, experts say.

 The central province has submitted an upgrade plan for Chu Lai Airport to ministry review before it seeks approval from the Prime Minister.