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Ly Hoang Nam out of Vietnam Open after second round

 Ly Hoang Nam could not spring any surprises against No 8 seed Tatsuma Ito of Japan in the Vietnam Open tennis tournament held in HCM City yesterday.

IT firms offers most competitive salaries in Vietnam

 VietNamNet Bridge - The news that the IT sector offers the most competitive pay in Vietnam coincides with a report that Vietnam lacks IT professionals. 

Social insurance contributions could cause job loss for 371,000 workers

 VietNamNet Bridge - Experts have warned that the increase in social insurance contributions will lead to a drop in labor demand in the formal sector. 

HCMC needs VND26 trillion to relocate households along canals

 HCMC needs around VND26 trillion (US$1.17 billion) to relocate 20,000 households along canals in the city, which is a big headache for the cash-strapped city.

Over 700 educators receive professor and associate professor titles

 Chairman of the State Professor Title Council and Minister of Education and Training Phung Xuan Nha has signed Decision No.55/QD-HDCDGSNN to confer titles on 703 new professors and associate professors in 2016.

VEPR forecasts 2016 growth at 6%

 Vietnam Institute for Economic and Policy Research believes caution needs to be exercised by the government when setting growth targets.

Is Vietnam’s dairy market no longer attractive to foreigners?

 VietNamNet Bridge - The news that Danone Vietnam, a subsidiary of French Danone, the owner of Dumex brand, would shut down by 2017 has raised doubts that the Vietnamese dairy market is no longer attractive.

Firms bet on law change

 Foreign investors remain eager to develop horse racing projects, as they await the Vietnamese government’s final decision on its legal status.

Vietnam's economy takes a good shape

 Vietnam's economy accelerated in the third quarter, expanding by 6.6 per cent year-on-year. This marks a sharp improvement from the 5.6 per cent growth rate registered last quarter, said a report by HSBC.


VN’s corporate tax lower than neighboring countries

 Viet Nam has lowered corporate tax to 20% compared to 22% in Thailand, 25% in Indonesia, and 30% in the Philippines.

500 taxi drivers in Hanoi fined for driving time violation

 Some 463 taxi drivers in Hanoi have had their badge revoked for violating a regulation on driving time set by the municipal Department of Transport.

Ho Chi Minh City a magnet for Danish investors: Danish FM

 Two thirds of approximately 130 Danish investors in Vietnam operate in Ho Chi Minh City, reflecting the potential and attraction of the southern economic hub, said visiting Danish Foreign Minister Kristian Jensen. 

Prime Minister stresses local-level cooperation with RoK

  Prime Minister Nguyen Xuan Phuc has said Vietnam attaches importance to expanding exchanges and cooperation between localities of Vietnam and the Republic of Korea, considering it an important factor to further cooperation between the two countries. 

Poland supports Vietnam’s stronger ties with EU

 Poland supports stronger ties between Vietnam and the European Union, said Polish Deputy Foreign Minister Joanna Wronecka at the annual political consultation at deputy foreign ministerial level between the two countries held in Hanoi on October 12.

Vietnam supports economic cooperation in Francophone organisation

 Deputy Prime Minister and Foreign Minister Pham Binh Minh stressed that Vietnam backs the International Organisation of La Francophonie (OIF)’s efforts to enhance economic cooperation apart from joint work in traditional sectors. 

2nd VN investor conference scheduled for Nov 4

 HCM Stock Exchange (HOSE) will join hands with financial information provider StoxPlus to organise the 2nd Vietnam Annual International Investor Conference on November 4 in HCM City.

NZ Defence Minister expresses stance on East Sea in Beijing

 New Zealand Defence Minister Gerry Brownlee expressed his support to arbitral process at the seventh Xiangshan Forum in Beijing on October 11.

Big foreign companies jump into Vietnam’s meat market

 VietNamNet Bridge - The meat market in the country, estimated to have value of $18 billion, is controlled by enterprises from France, Thailand, South Korea and Vietnam.

Vietnamese export concerns after Galaxy Note 7 crisis

 Several experts have expressed concerns that Vietnam's exports could be affected by the Samsung Galaxy Note 7 crisis.

Call for retirement age to rise

 A proposal that the retirement age be raised in the amended Labor Law will be submitted to the National Assembly (NA) in 2017, according to Deputy Minister of Labor, Invalids and Social Affairs Pham Minh Huan.