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Heavy rains flood central coastal localities

 Due to impacts of a low pressure system, torrential rains took place across central coastal provinces from Nam Dinh to Quang Tri, causing severe floods.

Vietnam proposes disaster risk reduction measures to UN

A Vietnamese representative stressed three measures to reduce disaster risks and cope with climate change based on Vietnam’s practical experience at a plenary meeting of the UN Economic and Financial Committee on October 9.

Miss Grand contestants welcomed in Quang Binh

Approximately 80 contestants of the Miss Grand International 2017 arrived at Dong Hoi airport in Quang Binh province on October 9 for more pre-pageant activities.

$2 billion seaport running at 15-20 percent of capacity

VietNamNet Bridge - The Cai Mep–Thi Vai container port in Ba Ri –Vung Tau province, built with investment capital of $2 billion, is now running at 15-20 percent of capacity.

Foreign firms to keep lead in exports

The foreign-invested sector, with electronics taking the lead, is expected to continue occupying the lion’s share of Vietnam’s exports over the next few years.

Hanoi authorities determined to ban three-wheeled motorbikes

 Hanoi’s authorities have announced that they would ban and seize all homemade three-wheeled motorbikes not owned by disabled veterans as of June 30, 2018.

Landslide buries train in Yen Bai

 A landslide in the northern mountainous province of Yen Bai buried up to seven carriages of a train on the evening of October 9.

Vinasun taxis sloganise against Uber and Grab

 Leaders of Vinasun taxis in HCM City have pledged to remove all the decals with slogans opposing Uber and Grab services from their cars.

Vietnam, Sierra Leone foster cooperation

 Sierra Leone’s President Ernest Bai Koroma called on Vietnam to step up multi-faceted cooperation with his country, focusing on agriculture, fishery and mining. 

Da Nang readies for key APEC week

 The central coastal city of Da Nang is focusing all resources to complete preparations for the APEC Summit Week in November, including infrastructure, urban decoration, security-health and communication campaigns.

Low-pressure system may become storm

 A tropical low-pressure system may gain strength and develop into a tropical storm when making landfall in Viet Nam today, the National Centre for Hydro-meteorological Forecasting said yesterday.

Central region: advantages could become disadvantages

Economists have warned that if natural resource advantages cannot be exploited well, they will end up becoming critical disadvantages in the central region, hindering economic development.

Consumer finance lures foreigners

 Consumer finance is proving to be an attractive sector with the number of foreign companies rising through mergers and acquisitions, the news site cafef.vn reported.

Vietnam's finance industry grows strongly

 The finance, banking and insurance industry expanded 7.89 per cent in the first nine months of this year, the highest level recorded in the past seven years.

HCM City plans major infrastructure projects

 Upgrading old buildings and relocating families living near canals are among the major projects that HCM City aims to carry out in the short term, according to city authorities.

More efforts needed to reach the skill gap in VN

 Amid increasing demand for talent from existing and newly established businesses, employers are facing challenges in finding the right candidates, according to a recent snapshot report on Vietnam’s labour market by Adecco Vietnam.

2017 GDP growth target of 6.7% in sight: NFSC

 The National Financial Supervisory Committee (NFSC) anticipates gross economic growth of Viet Nam in 2017 will be more than 6.7 per cent.

Global franchisers, retailers eye VN

 With its rapidly growing economy and 95 million population of whom 60 per cent are young consumers, Viet Nam is an attractive destination for global franchising and retail businesses.

First VN Business Summit to be held

 The first-ever Viet Nam Business Summit will be held in Da Nang City on November 7 within the framework of APEC meeting of 21 leaders of economies, the VCCI announced on Monday.

U23 Vietnam to compete in Thailand

 Vietnam’s U23 team will compete in the international friendly football tournament the M-150 Cup 2017 in Thailand on December 9-15.