The Prime Minister has told competent agencies to carefully appraise and limit Government credit guarantees for new projects, mainly carried out by State-owned enterprises, and consider halting those assurances next year.

 HAGL Joint Stock Company (HAGL) has been in talks over the possibility of selling its sugar plant in Laos to TTC Group (TTC), a source close to the matter said.

Many foreign high-tech enterprises, most of them from Silicon Valley in the U.S., have shown interest in investing in the Saigon Silicon City project being developed at Saigon Hi-Tech Park in HCMC’s District 9.

All streets in every corner of Hanoi are festooned with national flags, flowers, red ribbons and banners in celebration of the 71st anniversary of National Day (September 2, 1945-2016). 

The Prime Minister has recently approved a scheme to “Strengthen the Handling of Violations in Land Management and Use to 2020.”

VietNamNet Bridge - Analysts believe that HCM City will make a profitable investment by pumping VND1 trillion into startups, because the benefits in the future will be even higher.

Former chief government inspector Tran Van Truyen was found to own huge assets shortly after he retired. Most of the assets were then disclosed to have been made illegally and recovered by the government. 

 Nearly 23 million pupils nationwide attended the opening ceremony for the 2016-2017 academic year on September 5.

 The Prime Minister has decided to approve the national target program on sustainable poverty reduction for the period 2016-2020.

 The increase in the number of workers at foreign-invested enterprises (FIEs) this year as at August 1 was the highest in the country, according to figures from the General Statistics Office (GSO).

Telecommunications giant VNPT targets to conduct its equitization in the 2016-2020 period, Chairman Tran Manh Hung told Prime Minister Nguyen Xuan Phuc at a recent meeting.

Most of the criteria Vietnam has set to become an industrialized country by 2020 appears to be unattainable. 

Attempts by Ba Ria-Vung Tau to salvage the long delayed $4.1 billion Saigon Atlantic Hotel invested by Winvest LLC Group from the US hit insurmountable obstacles as the province’s mandate seems to fall short to grant the investor’s requests.

 The Ministry of Finance may use a “book building method” in selling the State’s holdings in State-owned enterprises (SOEs), Vu Bang, Chairman of the State Securities Commission, told local media.

Vietnam’s (B1 stable) credit profile is supported by its robust economic growth and diversified economy, according to Moody’s Investors Service.

VietNamNet Bridge - Lao Cai province’s chair Dang Xuan Phong said the Red River’s water from the other side of the border with China is becoming more seriously polluted.

 A series of new policies are coming into effect this month, including regulations relating to foreign diplomats and policies to support poor students, raise awareness of legal assistance and tighten State control of chemical substances. 

Building the ASEAN Community and strengthening the bloc’s external relations will top the agenda of the 28th and 29th ASEAN Summits scheduled to take place in Laos’ capital city of Vientiane from September 6-8.

Head of the Party Central Committee’s Commission for External Relations Hoang Binh Quan has called on Asian countries and parties to show their sense of responsibility for peace, stability and prosperity in the region.

 Vietnam strongly condemns those behind a bomb blast targeting a night market in southern Philippines that killed and injured many civilians, and believes that they will be strictly punished.