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Cooperation needed to manage potential conflict in East Sea: seminar

 The Indonesian Foreign Ministry and the Centre of Southeast Asian Studies opened a seminar in Indonesia on November 16, focusing discussions on managing potential conflict in the East Sea.

Deputy PM: Government will not raise public debt ceiling

 The Government will not raise public debt ceiling in order to ensure debt payment capacity and balance the national financial system, said Deputy Prime Minister Vuong Dinh Hue during the NA hearing session yesterday. 

More SoEs set for equitisation as restructuring okayed

Ministries have approved the restructuring plans of additional SOEs, with the latest including Mobifone and VNPost, in line with the Government’s SOE restructuring action plan.

Hotel occupancy rises in HCM City

 Four- and five-star hotels in Ho Chi Minh City have seen a slight decline in room rates although the rising number of tourists has resulted in an increase in occupancy rates at high-end hotels.

Central bank governor stresses solutions to bad debt settlement

SBV Governor yesterday fielded lawmakers’ questions about the banking system’s operations, underlining the need to focus on effectively implementing a resolution on piloting the settlement of bad debt at credit institutions.

Deputies question finance minister, SBV governor

The question and answer session of the 14th National Assembly’s fourth sitting on November 16 was heated up with issues regarding tax, public debt and monetary policy management.  

VN-Index hits new 10-year high on investor optimism

 Shares soared on both local markets on November 16 with the VN Index hitting a fresh 10-year high as investor confidence improved, pouring strong investment into all sectors and stocks.

iPhone X to be available in late November

VietNamNet Bridge - A representative of a mobile phone retail chain in Hanoi said iPhone X with VNA codes reserved for the Vietnamese market will hit the shelves by the end of this month.

Equitized SOEs not attractive to strategic investors

Many investors have been reluctant to buy a stake of equitized SOEs (state owned enterprises) because of problems in current regulations and the internal weaknesses of the enterprises.

How can Vietnam turn e-waste into commodities?

VietNamNet Bridge - Vietnam has been unable to recycle or treat e-waste because of difficulties in e-waste collection, according to some experts.

Foreign investors pouring more money in Vietnamese fintech firms

Foreign investment funds and technology firms have poured hundreds of millions of dollars in Vietnamese fintech firms in anticipation of an increase in non-cash payments in the country. 

Vietnam aims to have additional 9,000 PhDs

The Ministry of Education & Training (MOET) plans to produce 9,000 PhDs more for universities and junior colleges by 2025 in a VND12 trillion program, though Vietnam now has over 24,300 PhDs.

Jobseekers should actively acquire new skills, knowledge

 Jobseekers should have the ability to learn and the willingness to acquire new skills to stay competitive on the job market, as technologies will usher in drastic changes and pose huge challenges to them.

Gas output could triple within eight years

 Vietnam could receive a significant boost to its natural gas supplies after signing two agreements during the APEC Summit to buy gas at home and from Indonesia.

Government Inspectorate detects Hanoi housing violations worth $69.4 million

 The Government Inspectorate has detected violations worth (US$69.4 million) in many housing projects developed in Hanoi between 2002 and 2014.

Minister grilled on public investment efficiency

 Measures to improve the efficiency of public investment were among issues mentioned by Minister of Planning and Investment Nguyen Chi Dung at the Q&A session on November 16.

Techfest wraps up with fruitful commercial affairs

 Nearly 29 commercial deals with total investment of more than US$4.5 million have been committed as a result of investment matching activities at the national innovative start-up festival Techfest 2017.

VN sees over $24 billion trade deficit from APEC economies

 Total import-export turnover between Viet Nam and APEC member economies reached US$265.3 billion in the first 10 months of this year, a year-on-year increase of 17.4 per cent and almost equal to last year’s turnover.

European Music Festival 2017 returns to Hanoi & HCMC

Vietnamese music lovers will have a chance to enjoy a series of spellbinding and enchanting concerts in the European Music Festival 2017 that will take place in Hanoi and HCM City from November 17- December 2.

Vietnam, Russia cooperate in cancer treatment

 Vietnam’s Medicine University in Ho Chi Minh City and Russia’s Dmitry Rogachev Center yesterday signed a cooperation document to enhance new Immunotherapy use for cancer treatment.