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Spurring more funds into startups

 Industry insiders are scrutinising a Ministry of Planning and Investment draft to the decree regulating investment into innovative startups that has recently been publicised to elicit comments from the public.

Tropical low pressure turns into storm

 A tropical depression in the East Sea strengthened into a new storm on November 2, becoming the twelfth typhoon to enter the East Sea so far this year, according to the National Centre for Hydro-Meteorological Forecasting (NCHMF).

Investors rush to buy shares of banks

VietNamNet Bridge - As the banking sector has overcome a difficult period, rich investors have poured money into bank shares, including bankers’ wives, children, fathers, mothers, brothers and sisters.

Foreign-backed local pharma surges

 Vietnam’s pharmaceutical market continues to be a lucrative industry, evidenced by the huge profits reaped by leading drug makers in this year’s first nine months, despite increasingly fierce competition from foreign rivals.

MSCI upgrade not coming until 2020

Vietnam could be classified as an emerging market in 2020 if its free-float rate increases and the market infrastructure becomes better at accommodating foreigners.

German institute to host international symposium on East Sea

 Disputes in the East Sea after the Permanent Court of Arbitration (PCA)’s ruling issued in July 2016 will be tabled at an international symposium to be hosted by the Asia-Africa Institute under the Hamburg University from November 24-25.

Pupils punished for traffic violations in HCM City

 The Department of Education and Training in HCM City has submitted a list of 201 pupils that have violated the traffic regulations in August and September.

Becamex IDC to hold Vietnam’s second-biggest IPO

Becamex IDC will float over 311.2 million shares, equivalent to 23.63 per cent of its charter capital, in its initial public offering (IPO) on December 1 on the HCM Stock Exchange.

Investors in VN’s mining industry look for long-term returns

 Although fluctuations in international demand and pricing have put pressure on returns from Viet Nam’s mining industry, the sector remains a magnet for foreign direct investment (FDI), a sign of confidence in its long-term prospects.

Malaysian Katimin to officiate V.League match this weekend

 Malaysian referee Zamzaidi Katimin has been invited to officiate the V.League match between Quang Nam and Quang Ninh Coal in the 24th round on Saturday.

Football clubs to play friendly tournament in China

 Vietnamese football clubs, Nam Dinh and Quang Ninh Coal, will play a friendly tournament, the second China-ASEAN Cities Invitational, in Nanning City, Guangxi Province, in late November.

Man dies in coal mining tunnel accident in Quang Ninh

 A worker died inside a coal mining tunnel of Mong Duong Mine, owned by Mong Duong Coal Company, in Cam Pha City, northern Quang Ninh Province, on Wednesday.

Health insurance abuse a common malaise

APEC Economic Leaders Week is a crucial opportunity for businesses throughout central Vietnam to seek trade partners and export markets as representatives of foreign firms flock to the APEC business forums from November 5-11

Vietnam exports over 5 million tonnes of rice in ten months

 Vietnam shipped 5.05 tonnes of rice worth $2.25 billion in the first ten months of 2017, up 22.3 percent in volume and 21.1 percent in value year on year, said the Ministry of Agriculture and Rural Development.

SCIC under divestment pressure in Q4

 The State Capital Investment Corporation (SCIC) is under pressure to complete its divestment scheme towards the end of this year with many large companies still in its portfolio.

Party chief receives Chinese leader’s special envoy

General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong hosted a reception in Hanoi on November 1 for Song Tao, special envoy of General Secretary of the Communist Party of China (CPC) Xi Jinping.

Indian Air Chief Marshal visits Vietnam

 Deputy Minister of Defence and Chief of the General Staff of the Vietnam People’s Army Sen. Lieut. Gen. Phan Van Giang received visiting Indian Air Chief Marshal Birender Singh Dhanoa in Hanoi on November 1.

Vietnam-Laos information-communications cooperation applauded

 Lao Deputy Prime Minister Sonesay Siphandone welcomed Vietnamese Minister of Information and Communications (MIC) Truong Minh Tuan in Vientiane on November 1.

Socio-economic matters dominate parliament session

 Lawmakers continued their discussions on the implementation of the socio-economic development plan and state budget in 2017, as well as orientations and measures for 2018 on November 1.

APEC 2017: Da Nang works to ensure electricity supply

 The Central Power Corporation has worked with the Da Nang Power Company Limited and the Central Grid Company to ensure the supply of electricity for the upcoming APEC Economic Leaders’ Week in any circumstances.