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NA approves 2019 State budget projection

 The 12th National Assembly approved the State budget projection for 2019, with an approval rate of 86.19, during its ongoing sixth session in Hanoi on November 9. 

Vietnamese leaders meet with Cuban President of Council of State

Party General Secretary and President Nguyen Phu Trong and his Cuban counterpart Miguel Mario Diaz Canel Bermudez reached consensus on measures to improve the efficiency and sustainability of cooperation between the two countries

NA issues 16th communiqué of sixth session

 The National Assembly (NA) deputies debated a number of bills, including a draft law on preventing and combating the harmful effects of alcohol and beer, on November 9 during their ongoing sixth session.

International conference on East Sea wraps up in Da Nang,

 The two-day 10th international conference on the East Sea, themed “Cooperation for Regional Security and Development”, wrapped up in the central city of Da Nang on November 9.

Motorbike market continues to grow, saturation point unclear

VietNamNet Bridge - Contrary to all predictions that the motorbike market has become saturated, motorbikes sales in Vietnam continue to increase.

Expert remains cautious about Vietnam’s economic prospect in 2019

 Institutional reform should be the new growth engine for Vietnam’s economy, which, however, has not made any significant improvement to date.

E-commerce golden pass for logistics

 The strong growth of the e-commerce sector has been turning Vietnam into a major magnet for investment in the capital-thirsty logistics industry. 

FDI: high committed capital but low disbursement

The recent research of international institutions have found problems in FDI in Vietnam: while the pledged investment capital is high, the disbursement is modest.

Overseas financiers outline obstacles

With the voice of foreign ­investors gaining more weight in the crafting of Vietnam’s ­Securities Law, efforts to ­facilitate further growth of its capital market are taking place.

Leaders agree to raise Vietnam-Cuba trade to $500 million by 2022

Party General Secretary and President Nguyen Phu Trong held talks with President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz-Canel Bermudez in Hanoi today.

Draft law asks banks to provide customer details to taxman

 The Government has submitted to the National Assembly a proposal on the revised Law on Tax Management that would require banks to provide details of their clients’ accounts to tax authorities.

Vietnam wins four ASOCIO IT awards

 Four Vietnamese agencies were honoured with the Asian-Oceanian Computing Industry Organisation (ASOCIO) awards during a ceremony held in Tokyo, Japan on November 8. 

Hanoi & HCMC retail market both rising

 Cushman & Wakefield Vietnam has released its latest report on Vietnam's retail market for the third quarter of 2018.

Banks to face worker shortage in 4.0 industrial era

More than 56 percent of banks recruited new workers in Q3, but 26.6 percent said they still lacked workers, while more than 61 percent of banks planned to recruit more workers in the fourth quarter, a report says.

Vietnam Information Security Day 2018 launched

The HCMC Department of Information and Communications yesterday announced the launch of the annual ‘Vietnam Information Security Day 2018’ with the theme ‘Cyber Security for the Age of Artificial Intelligence and Smart Devices’.

Can Tho returns 20 diamonds to jewelry shop in US$100 exchange case

The deputy chairman of Can Tho city People’s Committee, yesterday afternoon answered press queries about the decision to return 20 diamonds and 19,910 artificial stones to Thao Luc Jewelry Shop in $100 exchange case.

Vietnam one of top iodine-deficient countries

 The head of the National Institute of Nutrition Le Danh Tuyen said that Vietnam is one of top iodine –deficient countries suffering a lot from lack of iodine.

Industrial property boom right on cue

 New industrial property projects will come online just as foreign investors relocating due to the US-China trade war will boost demand in Vietnam.

Hanoi’ hospital successfully replaces thumb with toe using microsurgical technique

Toe replacement surgery for thumb rehabilitation is a difficult technique that has been performed successfully at the Hanoi-based Viet Duc Friendship Hospital.

Banks expect higher credit growth limits

 More commercial banks expect their credit growth limits to be expanded this year after Techcombank became the first to get the nod to do so from the State Bank of Viet Nam (SBV) recently.