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Stronger US dollar, weaker yuan weigh on trade

 The Vietnamese economy is walking a careful tightrope amid rapid developments around the world, especially the spiraling US-China trade war and the US Federal Reserve’s rate hikes, which are weighing on exchange rates and Viet Nam’s trade balance.

PetroVietnam calls on Government support for Block B-O Mon gas project

 PetroVietnam has called on National Assembly deputies to propose creating favourable conditions to speed up the Block B-O Mon Gas project which is behind schedule.

Agreement opens EU to VN timber

The signing of the Forest Law Enforcement, Governance and Trade Voluntary Partnership Agreement between Viet Nam and the European Union is expected to have a positive impact on the country’s economy and environment.

VN firms post low working capital efficiency

 Viet Nam’s listed companies lag behind firms in most world regions in terms of working capital performance, the latest study of auditor PricewaterhouseCoopers (PwC) Vietnam has revealed.

VN posts trade surplus of $6.4 billion in 10 months

 Viet Nam reported a trade surplus of US$100 million in October, bringing the country’s trade surplus to $6.4 billion in the first ten months.

Vietnam's purchasing power rises quickly

 The people’s purchasing power soared 9.31 per cent in the first 10 months of this year according to the General Statistics Office (GSO).

Vietnam maintains tariffs on imported steel

The Ministry of Industry and Trade has decided to maintain safeguard measures for steel billets and steel bars imported from a number of countries and territories including China, the US, Canada, Germany, France, Japan and South Korea.

Vietnam's Nguyen Van Phuong shines at Lee Duk Hee Cup

 Young Vietnamese tennis talent Nguyen Van Phuong shone in the Lee Duk Hee Cup, an international junior tennis tournament held in South Korea on Wednesday.

Ly Hoang Nam reaches singles quarterfinals of the VN F5 Futures

 Vietnamese tennis playerLy Hoang Nam reached the men’s singles quarterfinals at the Viet Nam F5 Futures – Hai Dang Cup 2018 in the southern province of Tay Ninh on Thursday.

Techcombank HCM City Int’l Marathon expects 8,000 runners

 More than 8,200 foreign and Vietnamese runners are expected to participate in the 2018 Techcombank HCM City International Marathon to be held in HCM City on December 2.

VN government to cut funding for State-run media

 Prime Minister Nguyen Xuan Phuc has signed a plan to slash the number of State-funded communication corporations and their total budget by 10 per cent by 2021.

Frost covers Mount Fansipan

 Temperatures at the top of Fansipan in the northern province of Lao Cai have dropped to below zero degrees centigrade, leaving it covered in frost. 

Expressway scandal rumbles on

 The investor of the Da Nang-Quang Ngai Expressway announced on Wednesday that it has reprimanded several officers for mismanaging up to VNĐ410 billion (US$18.2 million) by the State audit.

Lawyers claim Vinasun-Grab could harm Vietnam’s investment environment

 Some local lawyers have claimed that a Vinasun victory in its court case against app-based car booking service Grab would badly affect the Vietnamese business and investment environment.

Ho Chi Minh City buildings tainted with graffiti

 Many buildings in Ho Chi Minh City are being tainted by graffiti while the local authorities struggle to deal with the situation.

New terminal proposed for Danang Airport

 Authorities in Danang City have proposed to build a new terminal to ease the burden for the Danang International Airport which is forecasted to face overcrowding.

HCM City experiences pressure from budget collection

 Although completing the majority of its economic targets for 2018, Ho Chi Minh City is still burdened with heavy pressure from its budget collection, said Nguyen Thanh Phong, Chairman of the municipal People’s Committee at a meeting on November 1.

Bird flu detected in Phu Yen province

 An outbreak of A/H5N6 influenza, also known as bird flu, which is transmittable to humans, has been detected in the central province of Phu Yen, said a local official.

PM addresses issues of concern during Q&A session

 Prime Minister Nguyen Xuan Phuc made clear several issues under the watch of the Government during a question-and-answer session at the ongoing sixth plenum of the 14th National Assembly on November 1. 

NA issues 10th communiqué

 Deputies of the 14th National Assembly had a plenary meeting on November 1, the last day of the question-and-answer session.