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Thousands of Thanh Hoa workers strike

 More than 3,000 workers at the Ivory Vietnam Company in Thanh Hoa Province have gone on strike over the past five days to protest against the company's policies on overtime.

Traffic congestion costs Hanoi $1.2bn a year

 Hanoi is losing $1-1.2bn a year due to traffic congestion according to the Transport And Development Strategy Institute under the Ministry of Transport.

Hoi An to promote bicycle use

 Hoi An People's Committee has collaborated with Health Bridge Vietnam and German Development Agency (GIZ/TUMI) to start the bicycle plan in Hoi An to encourage locals to use bicycles on a daily basis.

Foreign currency black market active in Hanoi

 Illegal foreign currency transactions are an everyday sight in many areas in Hanoi, particularly on Ha Trung Street, the capital city’s biggest foreign currency market.

Ministry wants to cut tax for locally produced auto parts

The Ministry of Industry and Trade wants to take advantage of market and policy opportunities to promote automobile manufacturing projects of domestic automakers including Thaco, Thanh Cong Group and VinFast.

Vietnam remains Southeast Asian No 1 in FIFA rankings

 Vietnam’s FIFA world ranking for October remained unchanged from the previous month, with 102nd place still good for the top spot in Southeast Asia.

Vietnam attends UN First Committee’s debate on conventional weapons

Ambassador Dang Dinh Quy, head of the Permanent Vietnam Mission to the United Nations, attended the First Committee on Disarmament and International Security’s debate on conventional weapons on October 24.

Banks’ network expansion slows

VietNamNet Bridge - Commercial banks have been setting up new branches and transaction points every year. 

VN firms advised to be prepared to tap opportunities from CPTPP

Vietnamese businesses should actively prepare the best conditions to take the advantage of preferences to be brought by the CPTPP, said experts at a seminar in Ho Chi Minh City on October 25.

Moody’s optimistic about Vietnam’s economic outlook

Vietnam’s expansion has charged ahead despite the recent financial and trade turmoil, which has affected many Southeast Asian emerging markets, Moody’s Investors Service said in a recently-announced report. 

Vietnam makes a leap in Global Innovation Index

 Vietnam has jumped two positions to reach 45th place on the Global Innovation Index (GII) 2018 released by the World Intellectual Property Organisation.

Vietnamese billionaire Pham Nhat Vuong oves up in Forbes ranking

 Billionaire Pham Nhat Vuong has moved up in the Forbes rich list as of October 25, 2018.

More Hanoians prefer traveling by bus

 The number of people in Hanoi choosing bus as their means of transportation is rising. In the first half of this year, 221 million tickets were sold, an increase of 5 percent compared to the same period last year.

Vietnam peacekeepers attend UN Day celebrations in South Sudan

 Representatives from Vietnam’s level-2 field hospital in South Sudan attended a ceremony in Bentiu on October 24 to mark the 73rd United Nations Day, according to Quan Doi Nhan dan newspaper.

Law-makers’ opinions differ on major issues in revised anti-corruption bill

 The discussion on October 25 during the 6th session of the 14th National Assembly on the draft revised anti-corruption law showed deputies’ views still differed on several major issues in the bill.  

Mekong Delta floods inundate over 2,000ha of rice

 More than 2,060ha of rice in Vietnam’s Mekong Delta have been damaged due to recent floods, according to the Directorate of Water Resources under the Ministry of Agriculture and Rural Development.

French Prime Minister to pay official visit to Vietnam

 French Prime Minister Edouard Philippe will pay an official visit to Vietnam from November 2-4 at the invitation of Prime Minister Nguyen Xuan Phuc, the Vietnamese Ministry of Foreign Affairs said in a statement.

Airline passengers projected to double in 2037

 The number of airline passengers could double to 8.2 billion in 2037, the International Air Transport Association (IATA) said in a 20-year forecast on October 24.

Top 10 most prestigious retailers in Vietnam in 2018 announced

 The Vietnam Report Company, in collaboration with Vietnamnet newspaper, announced the Top 10 most prestigious retailers in Vietnam in 2018 on October 25.

Vietnam Airlines to use new-generation regional jet aircraft

 National carrier Vietnam Airlines plans to replace its fleet of ATR aircraft with new-generation regional jet aircraft containing about 100 seats in order to improve the efficiency of operation and service quality on short routes.