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Vietnam attends first ASEAN multilateral naval drill

 Vietnam’s naval ship HQ 012-Ly Thai To arrived in Chuk Samet port, Thailand, on November 13, to take part in the first ASEAN Multilateral Naval Exercise (AMNEX).

Vietnam, China asked to unceasingly reinforce political trust

 President Tran Dai Quang called for unceasing reinforcement of political trust between Vietnam and China during his talks with General Secretary of the Communist Party of China (CPC) and President Xi Jinping in Hanoi on November 13.

Army chief receives Chinese army official

 Chief of the General Staff of the Vietnam People’s Army Phan Van Giang hosted a reception in Hanoi on November 13 for Director of the Defence Mobilisation Department under the Central Military Commission of China Sheng Bin. 

President hosts sponsors of APEC Economic Leaders’ Week

 President Tran Dai Quang partly attributed the success of the 2017 APEC Leaders’ Meeting to contributions by 35 domestic and foreign special, main and co-sponsors during a reception in Hanoi on November 13. 

Budget overspending capped at 3.7 percent of GDP next year

 The 14th National Assembly (NA) passed the resolution on state budget estimates for 2018 on November 13, part of its ongoing fourth session in Hanoi.

NA adopts resolution on State budget estimate

 The National Assembly adopted the Resolution on State budget estimate for 2018 during its ongoing fourth session in Hanoi on November 13 with 86.56 percent of approval

Vietnam values partners’ commitments to ASEAN: PM Nguyen Xuan Phuc

Vietnam always respects ASEAN’s relations with partners and highly values the partners’ commitment to continuing to assist the bloc to build an ASEAN Community, Prime Minister Nguyen Xuan Phuc has said.

Vietnam won’t tolerate IUU fishing: Ministry

 Vietnam will never tolerate or permit activities related to illegal, unreported and unregulated (IUU) fishing, Deputy Minister of Agriculture and Rural Development (MARD) Vu Van Tam has said.

Should IT firms do software outsourcing or focus on high added-value products?

Vietnamese IT firms should strive toward new technology trends such as Cloud, Mobility and Big Data rather than continue doing low-level software outsourcing, experts say.

Fresh milk market still attractive despite big rivals

VietNamNet Bridge - Vinamilk is leading the domestic fresh milk market, but is now being challenged by newcomers.

High school students win top prizes at tech creativity competitions

VietNamNet Bridge - The passion for knowledge has helped students from district high schools invent  machines useful for people and businesses in the central province of Ha Tinh.

Reforms raise local ranking

 Vietnam’s business environment has significantly improved, with the World Bank raising the country’s business climate index by 14 ranks – a record improvement over recent years.

Electronic waste still cannot be recycled in Vietnam

VietNamNet Bridge - The ‘mountain of electronic waste’ in Vietnam is receiving an additional 100,000 tons of waste each year. 

Long-term US FDI in Vietnam is on an upward trend

 On the occasion of US President Donald Trump’s state visit to Vietnam on November 11 and 12, AmCham Vietnam’s chairman Jonathan L. Moreno shares his views on US investment prospects in Vietnam.

Vietnamese PM attends ASEAN Summit in Philippines

 Vietnamese Prime Minister Nguyen Xuan Phuc and leaders from nine other ASEAN member countries attended the opening ceremony of the 31st ASEAN Summit in Manila, the Philippines, on November 13.

Vietnamese, Lao, Cambodian PMs review trilateral cooperation

 Prime Minister Nguyen Xuan Phuc on November 13 held a meeting with his Lao and Cambodian counterparts Thongloun Sisoulith and Hun Sen on the sidelines of the 31st ASEAN Summit in Manila, the Philippines.

Big players to enter bourse soon, changing the game

VietNamNet Bridge - Many shares will be put into transactions on the bourse soon, but analysts believe they will sell out as investors are more than ready to buy.

ASEAN Summit opens in Philippines

 The 31st ASEAN Summit kicked off in the Philippine capital of Manila on November 13 with the agenda focusing on peace, stability and cooperation.

Credit contacts

High demand among customers for financial products have encouraged banks and financial institutions in Vietnam to continually launch new services to the market. 

Mobile phone customers prefer installment payment method

 More than half of mobile phone transactions whose prices are over VNĐ10 million (US$439) are purchased on installment payments, according to statistics of Mobile World Group, FPT Shop and CellphoneS.