Internet submarine cables linked to Viet Nam will be fixed on October 24, said the Viet Nam Posts and Telecommunication Group, one of the largest Vietnamese internet providers.

APEC finance ministers will focus on discussing four cooperation priorities in 2017 at their 24th meeting and related events in Hoi An city, the central province of Quang Nam, from October 19-21.

 Two Indonesian naval Sigma-class corvette vessels docked at the Ho Chi Minh City international port on October 18, starting a four-day visit to the southern economic hub.

Deputy Defence Minister Sen. Lieut. Gen. Nguyen Chi Vinh and Deputy Assistant Secretary of Defence for South and Southeast Asia of the US Dr. Joseph Felter co-chaired the Vietnam-US defence policy dialogue 2017 in Washington D.C on October 17.

 More than 170 foreign professional athletes and entrepreneurs will take part in a yacht race from Hong Kong to Vietnam’s Nha Trang City slated for October 18 to 25.

 Many cities and provinces are overspending their health insurance funds while Vietnam Social Security (VSS) is tightening its payouts, said Minister of Health Nguyen Thi Kim Tien.

 Idemitsu Q8 Petroleum Co Ltd (IQ8), which has launched the first wholly foreign-owned gas station in Vietnam, may find it hard to expand its retail network across the country.

 Foreign retailers continue to invest heavily in Vietnam, according to Navigos Search, opening up opportunities at all levels of employment.

 Despite predictions of falling prices in the buy-to-let housing segments in Hanoi and Ho Chi Minh City due to increased supply, as of now the segment remains one of the most profitable for investors.

Though Idemitsu Kosan has impressed Vietnamese with high-quality, friendly service, it will still meet difficulties to cement its position in the Vietnamese market, experts say.

VietNamNet Bridge - APEC 2017 will open many opportunities for businesses, especially small and medium enterprises, to access the broad market of member economies.

 Vietnam’s appeal as a destination for foreign logistics providers is rising on the back of its expanding retail market.

Hanoi will focus its foreign investment attraction on transport, logistics, healthcare, education, and waste treatment in a move to become a smart city in the future.

 The current interest rate levels have been deemed appropriate for the time being, according to experts, and any attempt to further cut rates could impose unnecessary risks to Vietnam’s overall macro-economic stability in the medium term.

 The smoking rate in Vietnam has fallen four years after the Law on Prevention and Control of Tobacco Harm was enacted, according to a report by the Minister of Health Nguyen Thi Kim Tien.

 Deputy Prime Minister Vuong Dinh Hue, has requested the Ministry of Agriculture and Rural Development and the Ministry of Finance to carry out the equitisation of Vinafood 2in accordance with the approved scheme.

VietNamNet Bridge - Vietnam’s business environment and competitiveness have continued to move up in international rankings.

 Telecommunications, IT and retail firms took the lead in terms of profitability last year on the list of Profit500 – the top 500 firms with the highest profits in Vietnam.

 The Moscow-based REGNUM News Agency and the Research Support Foundation “Workshop of Eurasian Ideas” held a roundtable focusing on APEC 2017 and Vietnam in Moscow, Russia, on October 17.

 According to a report from the BKAV Technology Group, 15 million computers in Vietnam were infected with viruses in the third quarter of 2017, with half of them infected via USB connections.