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Property sector calls for rethink on bank loans

 The new restriction on banks of using only 40 per cent of their short-term deposits for long and medium-term loans should not take effect next year, the HCM City Real Estate Association has said.

Real estate collateral at 10 banks worth $170 billion

 Real estate collateral in 10 of Viet Nam’s commercial banks is worth more than VND4 quadrillion (US$170.2 billion), accounting for 56 per cent of the banks’ total collateral.

Vietnamese athletes head to Asian Paralympic Games

 Vietnamese athletes will take part in the Asian Para Games which will start in mid-October in Indonesia.

Hanoi amateur football league to kick off

 The Hà Nội Premier League is scheduled to kick off on October 6 at the C500 Stadium.

Viet Nam to take part in Asian Para Games

 Vietnamese athletes will take part in the Asian Para Games which will start in mid-October in Indonesia.

Hanoi rapid alert system to tackle food safety violations

 The People’s Committee of Hà Nội has approved a plan to deploy a rapid alert system on food safety for the 2018-20 period.

HCM City set to increase parking fees in public areas

 HCM City authorities have decided to increase parking fees at all lots run by private operators in the inner city from October 1.

Food safety violators slapped with US$594,700 in fines

 Nearly 28,000 out of 154,000 food businesses in Hà Nội were found to have violated food safety regulations and faced fines of more than VNĐ14 billion (US$594,700) since August last year.

Four Vietnamese aboard Papua New Guinea’s plane overshooting runway

 There are four Vietnamese citizens among passengers aboard a plane of Papua New Guinea’s Air Niugini that missed the runway on September 28, according to the Vietnamese Embassy in Indonesia. 

Nearly 1 tonne of elephant tusks, pangolin scales uncovered in Hanoi

 Customs officers of Noi Bai International Airport on September 28 seized nearly one tonne of elephant tusks, ivory products and pangolin scales transported from Nigeria. 

Remains believed to be pilots found 47 years after plane crash

 Remains believed to be two pilots, who have been listed as missing for 47 years, were found in the Tam Dao mountain area on September 28.

More than 10,000 people join Fund Run for Charity in HCM City

 More than 10,000 people joined the Fun Run for Charity, 18th edition held by British Business Group Vietnam (BBGV), in District 7 in Ho Chi Minh City on September 30.

Vietnamese sugar mills struggle to compete

 Low consumption, high inventory and continuously plunging prices mean tough times for domestic sugar mills, said chairman of the Vietnam Sugarcane and Sugar Association (VSSA) Pham Quoc Doanh.

Luxury fashion market in the hands of two big companies

VietNamNet Bridge - All products bearing luxury brands come to Vietnam through two big distributors – DAFC and Tam Son.


Vietnam’s banks prepare to go abroad

VietNamNet Bridge - Vietnam’s leading banks Vietcombank, BIDV and VietinBank will have to list shares on overseas bourses under a plan for the next eight years.


Nine-month GDP growth highest in eight years

 The GDP growth rate for the January-September period was 6.98 percent, the highest for the same period over the past eight years, the General Statistics Office announced on September 28.  

Vietnam, Australia cooperate in training lawyers

 Vietnam and Australia will bolster exchanges and support each other to improve professional capacity for lawyers from both sides.

Real estate in HCM City holds great appeal for foreign investors

 The flow of foreign direct investment (FDI) into real estate in Ho Chi Minh City has followed the same trend as with the FDI movement into the country, with the property sector always among the top FDI recipients in recent years.

Party Central Committee to convene 8th session next week

 The 12th Communist Party of Vietnam (CPV) Central Committee will organise its eighth session from October 2-6.

Vietnamese delegation departs for 2018 Asian Para Games

 A ceremony to see off a Vietnamese sport delegation to the third Asian Para Games took place in Ho Chi Minh City on September 28.