Vietnamese swimming enjoyed a fruitful 29th SEA Games, with young talents Nguyen Thi Anh Vien (21 years old), Nguyen Huy Hoang (17) and Nguyen Huu Kim Son (15) securing 10 gold medals and breaking five records.

It is no longer easy to sell goods via Facebook as sales are not high enough for many shops to cover expenses of ads. 

 Lotte Card’s purchase of TechcomFinance from Techcombank is considered a move to expand in Vietnam and break into the US$26.55-billion consumer finance market, which has been showing signs of rapid development.

 State employees and workers will likely be given seven days off during the forthcoming Lunar New Year holiday, or Tet holiday, from February 14 to 20, according to a proposal by the Ministry of Labor, Invalids and Social Affairs.

With a recent tax reform proposal coming from the Ministry of Finance, HSBC Economist Mr. Noelan Arbis tells VET that raising taxes, particularly VAT, is not a bad idea on the surface but the problem lies with its potential effect on growth.

 Bank points to rising exports and industrial production as well as a continuing strong tech cycle as pushing up growth.

Analysts believe that new car brands will enter the Vietnamese market after 2018 when import tariffs fall, providing products at low prices and targeting middle-income earners. 

 Domestic airfares have doubled or tripled in the past week because airlines have cut the number of flights.

 The northern region is expected to have the first cold snap for several days to come, said the National Centre for Hydro-meteorological Forecasting.

 The first wholly foreign-owned petrol service station in Vietnam was opened on October 5 in Hanoi’s Thang Long Industrial Park.

The central city of Danang has accomplished an array of construction works to prepare for the upcoming APEC Economic Leaders Week in early November.

Vietnam will continue its efforts to expand cooperation with other countries and support the international community’s efforts to counter terrorism and extremism on the basis of respecting the UN Charter and international law.  

 Potential for defence engagements remains huge for US and Vietnam to tap, said Amiral Scott Swift, Commander of the US Pacific Fleet, during a meeting with Deputy Chief of the General Staff of the Vietnam People's Army Pham Ngoc Minh.

 Vietnamese Ambassador to the US Pham Quang Vinh has recently paid a working visit to Hawaii to meet local leaders for the strengthened Vietnam – US ties.

 The Song Da Corporation will sell nearly 200 million shares worth 48.82 per cent of its charter capital in its initial public offering (IPO) scheduled for 2019.

 Overseas remittance flowing into HCM City until the end of September rose 12.5 per cent month-on-month to nearly US$3.38 billion.

 The Unlisted Public Company Market (UPCoM) welcomed the listing of nearly one billion shares of four companies on October 5. The share value registered for trading is equal to VND11.8 trillion (US$518 billion).

Outdated technology, monopolies and lack of competitiveness: they all describe Vietnam’s railway system.

 In an effort to fuel a start-up boom, the Ministry of Planning and Investment (MPI) is drafting a decree to create a legal framework for funding start-ups.

During the first 10 months of the free trade agreement between Vietnam and the Eurasian Economic Union, total trade turnover between the sides grew 32 percent, with exports from Viet Nam to EAEU countries increasing 28 percent.