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Vietnam becomes increasingly attractive to foreign investors

 Vietnam has become an increasingly attractive destination for foreign investors. The international manufacturing sector is moving to Vietnam and more FDI is flowing into the country, showing growing confidence among investors in the market.

Vietnam ranks second globally in terms of savings: survey

 Up to 70 percent of Vietnamese consumers put their spare cash into savings, ranking second globally, according to the Global Consumer Confidence Survey recently issued by Nielsen and The Conference Board.

FTAs promise bright prospects for Vietnam’s garment-textile

 Free trade agreements (FTAs) in which Vietnam has joined are great momentum for the domestic garment-textile industry to attract investment, said an official of the Vietnam Textile and Apparel Association (VITAS). 

Japanese submarine Kuroshio visits Cam Ranh international port

 The Japanese Maritime Self-Defence Force’s submarine Kuroshio docked at Cam Ranh International Port in the south central coastal province of Khanh Hoa on September 17, beginning a five-day visit to Vietnam.

Limited results after relaxation of foreign ownership cap

 Three years after a groundbreaking decree opened public companies to foreign ownership, less than 4 percent of eligible firms have removed their foreign ownership ceiling.

Household poverty rate to drop to under 6 pct at end of 2018

 The poverty rate among households in the country is expected to drop to under 6 percent at the end of this year from 6.7 percent in 2017, the National Assembly Standing Committee heard at its 27th session on September 17.

Remains of US servicemen repatriated

 A repatriation ceremony of remains of US servicemen who died during the war in Vietnam was held at Da Nang International Airport on September 17. 

VN-Index down 3.73 points on September 17

  The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 3.73 points to 987.61 points at the end of September 17, with 164.6 million shares worth over 3.9 trillion VND (167.2 million USD) traded.

Vietnam qualified to export catfish to the US

 The Food Safety and Inspection Service (FSIS) under the US Department of Agriculture recently proposed that Vietnam would be eligible to export catfish and other fish products to the US market.

Nha Trang to host meeting of ASEAN social security board

 The 35th ASEAN Social Security Association (ASSA) Board Meeting will take place in Nha Trang city, in the south central province of Khanh Hoa, on September 18-21.  

Vietnam, China pilot passenger transport route

 A pilot passenger road transport route through Vietnam’s Hai Phong city and Hanoi and China’s Kunming city has been opened, expected to help promote trading activities between the two countries.

HCM City encourages private investors to develop affordable housing

 Ho Chi Minh City will adopt incentives to encourage the private sector to develop social housing for sale and rent due to the city’s shortage of affordable homes for low-income families and industrial park workers.

NA Chairwoman welcomes Hungarian chief prosecutor

 National Assembly Chairwoman Nguyen Thi Kim Ngan hosted a reception on September 17 for Hungarian Chief Prosecutor Peter Polt who is on a visit to Vietnam to expand cooperation with the country’s Supreme People’s Procuracy.

Vietnamese workers see great opportunities in Japan

The Vietnam-Japan partnership has grown steadily, especially in labour cooperation, which has created great chances for Vietnamese labourers to seek jobs or study opportunities in Japan.

Former England defender Lescott visits SOS Children’s Village in Hanoi

 Former England defender Joleon Lescott took part in an exchange with hundreds of children in the SOS Children's Villages International for Vietnam in Hanoi.

Tea producers lose big money because of weak cooperation

The lack of materials for processing and the unhealthy competition among tea producers are the consequence of the uncontrolled increase in the number of tea processing workshops.

Typhoon Mangkhut downgraded to tropical depression

 Typhoon Mangkhut is forecast to weaken into a tropical depression over September 17, but will still cause heavy downpours in many areas in northern and southern Vietnam, according to the National Centre for Hydro-Meteorological Forecasting.

Vietnam’s real estate market a gold mine for foreign investors

More foreign invested real estate projects have been registered recently, while more M&A deals in the sector have also been reported.

Serviced apartment market still hot, but occupancy rate remains at 80-88%

Since 2008, the number of foreigners working in Vietnam has increased steadily by 8 percent per annum. With that, the market of serviced apartments for lease in large cities has attracted many investors.

2018 - tough year for shrimp exports

 The Vietnamese shrimp exporters have been in a tough year in 2018 as world supply saw strong increases that brought down both shrimp price and demand in major markets.