Multi-level marketing company Isagenix Vietnam Company Limited has announced to stop its operations and leave Vietnam because its Vietnamese business line is not necessary for its parent Isagenix International Company.

Hoa Phat Group has proposed Quang Ngai province’s Dung Quat Economic Zone Authority to resume the construction of the Guang Lian Dung Quat steel project, which had its investment certificate revoked in early September.

  Samsung Viet Nam on October 12 officially announced it was recalling its Galaxy Note7 smartphone after reports of the device catching fire while charging.

 Vietnamese imports of telephones and components from the US soared by up to 1,288 per cent in the first eight months with turnover of US$25.6 million.

 The Ministry of Industry and Trade (MoIT) issued a decision to establish a steering committee for the sale of shares of two leading brewery companies.

  The country's total non-performing loans by the end of June stood at VND346.96 trillion (US$15.489 million), equal to 9.2 per cent of the country's GDP.

PetroVietnam will strive to exploit more than 6.49 million tonnes of oil by the year's end, including 3.88 million tonnes of crude oil and 2.61 billion cubic metres of natural gas, to achieve total output of 27.59 million tonnes of oil.

 Economic growth this year would climb up to 6 per cent on the back of recovery signs shown in the third quarter, falling short of the 6.7 per cent target set by the Government.

With HCM City now discouraging investment in labour-intensive sectors and preferring technology-based industries, investment in its industrial parks and export processing zones decreased by 53.95 percent in the first nine months of this year.

 The Civil Aviation Authority of Vietnam CAAV) has asked for approval from the ministries of Transport and National Defence to build a reservoir to solve flooding at Tan Son Nhat Airport.

 Many health facilities in HCM City have run out of flu vaccines at a time when the peak influenza season is arriving.

 Prime Minister Nguyen Xuan Phuc has tasked the Ministry of Health to quickly clarify the contents of an article published by Thanh Nien newspaper about “industrial” fish sauces containing a number of chemical additives being sold in the market.

 The Institute of Material Science under the VN Academy of Science and Technology has announced its successful application of nano technology in researching and creating Nano FGC complex.

 VietNamNet Bridge - The year 2016 has been one of the best in attracting foreign direct investment (FDI) to the high-technology sector. 

After 10 years of applying the autonomy policy on a trial basis, only 14 universities have been exercising financial self-control. Most schools don’t want autonomy, but would prefer to continue receiving financial support from the state.

 As Vietnam works to improve its transport infrastructure, the country has been mulling measures to attract investors to large public-private partnership (PPP) transport infrastructure projects. 

 Low-budget Jetstar Pacific inked a credit contract worth 117 million USD for aircraft purchase with the Industrial and Commercial Bank of Vietnam (Vietinbank) on October 11. 

 Urban infrastructure fails to meet development speed

 Senior officials from ASEAN said on October 10 that they are willing to work towards realising their aspiration to build a comprehensive partnership on the ASEAN Single Aviation Market.

ADB on October 11 released a new partnership strategy with the country, which aims to help Vietnam implement its Socio-Economic Development Plan for 2016–2020 through boosting inclusive and sustainable growth.