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Indonesia’s quakes: Vietnamese students return home

 Ten Vietnamese students studying in Central Sulawesi, which was hard-hit by deadly earthquakes and tsunami, left Jakarta for Vietnam on October 6.

Confidence vote to be cast on Party Politburo, Secretariat members

 The Communist Party of Vietnam (CPV) Central Committee will cast a vote of confidence on members of its Politburo and Secretariat at its ninth session slated for this December.

Next Media becomes exclusive broadcaster of AFF Suzuki Cup 2018

 Lagardere Sports has signed a deal to transfer the broadcasting rights of the AFF Suzuki Cup 2018 to Next Media, according to the Vietnam Football Federation (VFF).

PM arrives in Tokyo for 10th Mekong-Japan Summit Meeting

 Prime Minister Nguyen Xuan Phuc, his spouse and entourage arrived in Tokyo on late afternoon of October 7 to attend the 10th Mekong-Japan Summit Meeting and visit Japan.

NA Chairwoman arrives in Turkey for MSEAP 3

 National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan and a high-ranking delegation from the Vietnamese legislature arrived in Istanbul, the capital city of Turkey, on October 7 afternoon (local time).

Local car maker increases localisation rate

 Local car maker Truong Hai has increased the proportion of components it sources from local suppliers in order to reduce sale prices and improve competitiveness, as tariffs on cars have fallen to zero throughout the ASEAN region.

Transport ministry wants to raise seaport service fees

 The Ministry of Transport is considering an increase to seaport service charges in a bid to attract more private logistics infrastructure investments.

Transfer pricing: cars sold in Vietnam three times more expensive than in the US

Transfer pricing has always been a heady problem for the Vietnamese government and ministries since the country began attracting FDI (foreign direct investment). 

Former Party General Secretary Do Muoi laid to rest in hometown

 A burial service for former General Secretary of the Communist Party of Vietnam (CPV) Central Committee Do Muoi took place in his native land in Dong My commune, Thanh Tri district, Hanoi at 1pm of October 7.

Tightening monetary policy: strong message from central bank

The State Bank of Vietnam (SBV) has requested commercial banks to control disbursement in risky business fields such as real estate, consumer credit and securities investments.

Relaxation of foreign ownership cap helps VN market raise status

 The new amended draft law on securities allowing full foreign ownership at public companies and investment funds would help Viet Nam’s securities market be included in MSCI’s review list for a potential reclassification to Emerging Markets status.

Margin trading bans announced by HOSE

 The Ho Chi Minh Stock Exchange has announced the list of 78 shares which are not eligible for margin trading in the last quarter of this year – with many of them under the radar of investors.

Listed VN companies revise business targets

 Several listed companies want to adjust their business targets for this year with the end of 2018 approaching.

Vietnamese office market has huge potential for growth

 Growth in the domestic office market has continued this year and is set to remain at record levels well into the future after more than 7 per cent growth in grade A rents last year, according to Savills Viet Nam.

Landed property sees good growth

 The domestic market saw strong development in the landed property segment in the third quarter of this year, according to CBRE Viet Nam’s report on the Ha Noi property market.

Vietnam to be self-sufficient in influenza vaccines by 2019

 Vietnam has produced two vaccines against seasonal and A/H5N1 flu. The vaccines are expected to be licensed by 2019. This makes Vietnam among several countries that have successfully produced A/H5N1 avian influenza vaccines for humans.

Dairy giant seeks new markets to offset local slump

 Vietnam’s biggest dairy firm Vinamilk is eyeing foreign markets in the hopes of offsetting the declining growth in the local market.

Foreign delegations pay last respect to former Party chief Do Muoi

 Leaders of Cambodia and Russia, as well as those of foreign parties have sent their condolences to leaders of the Vietnamese Party, State, Government, people and family of Do Muoi over the former Party chief’s passing away.

Vietnam always treasures special ties with Laos: Party leader

 The Party, State and people of Vietnam will do their best, together with the Lao counterparts, to preserve and develop the Vietnam-Laos special relationship.

Party Central Committee issues announcement on 8th plenum

 The Party Central Committee on October 6 wrapped up its 8th plenum after five days of working, with General Secretary Nguyen Phu Trong in the chair. It issued an announcement on the work of the plenum.