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Vietnam, US beef up cooperation in settling post-war consequences

 US Ambassador Ted Osius told Vietnamese Deputy Defence Minister Sen. Lieut. Gen. Nguyen Chi Vinh that he will make every effort to promote cooperation between Vietnam and the US in addressing post-war consequences. 

Republic of Korea remains Vietnam’s top investor

The Republic of Korea remained Vietnam’s No.1 investor during the January 1-September 20 period, with total investment of $6.31 billion, accounting for 24.7 percent of total foreign direct investment Vietnam has attracted in the time.

Vietnam lures $25.4 billion of FDI in nine months

Vietnam attracted $25.4 billion in foreign direct investment (FDI) in the first nine months of 2017, up 34.3 percent year on year, reported the Ministry of Planning and Investment (MPI).

Vietnamese economy continues to perform well

 Vietnam’s economy continues to perform well despite several setbacks, said the Asian Development Bank (ADB) in its Asian Development Outlook Update (ADOU) 2017 report launched in Hanoi on September 26.

President welcomes newly-accredited foreign ambassadors

 President Tran Dai Quang hosted separate receptions on September 26 for the Ambassadors of Israel, Bangladesh, Finland, Austria and Cuba, after the ambassadors presented their credentials before taking office in Vietnam.

Germany urged to aid Mekong Delta in climate change adaptation

Deputy PM Vuong Dinh Hue has called on the German Government and GIZ to continue helping Vietnam with the planning work and building policies and institutions for regional connectivity and response to climate change in the Mekong Delta.

Quang Nam military forces defuse 300-kg bomb

 The High Command of Nam Giang district in the central province of Quang Nam has safely detonated a 300-kg bomb.

Vietnam attends Interpol General Assembly in China

 A Vietnamese delegation led by Deputy Minister of Public Security Le Quy Vuong and delegates from 157 foreign countries and territories are attending the 86th Interpol General Assembly which opened in Beijing, China, on September 26.

PM takes helicopter tour of climate change-hit areas in Mekong Delta

Prime Minister Nguyen Xuan Phuc took a helicopter tour of areas hit by climate change in the Mekong Delta on September 26.  

Party chief meets Lao Party official for external relations

Party General Secretary Nguyen Phu Trong noted the importance of the Vietnam-Laos special solidarity to the two countries’ stability and development while receiving the head of the External Affairs Commission of the Lao People’s Revolutionary Party.

Prime Minister Nguyen Xuan Phuc receives Dutch guest

 Prime Minister Nguyen Xuan Phuc has expressed wish that the Netherlands would share its experience in building a development strategy and rallying financial aid for Vietnam to develop its Mekong Delta sustainably.

PetroVietnam chief accountant arrested for economic mismanagement

The Ministry of Public Security’s Investigation Agency on September 26 detained and launched legal proceedings against chief accountant of PetroVietnam Le Dinh Mau for intentionally violating State regulations on economic management. 

Vietnamese try to obtain bachelor’s degree at any cost

The unemployment rate among university graduates is higher that of untrained workers or workers with lower education levels. However, for many Vietnamese students, a bachelor’s degree is the best way for them to make their way in the world.

Businesses with extra cash: what to do with all of it?

After concluding successful transactions, large conglomerates now have trillions of dong in their coffers. And they have to think about how to use the money.

Smartphone manufacturers gear up for mid-range segment

VietNamNet Bridge - Mid-range smartphones are offering affordable prices and attractive features as manufacturers prepare for competition in the market segment.

Raise lobsters or develop tourism: Phu Yen dilemma

VietNamNet Bridge - Residents in the central province of Phu Yen are trying to decide whether to develop lobster farming or tourism.

Price to pay

The government’s new incentives for the renewable energy sector have triggered interest but limitations remain.

Extra nudge

A new draft law allowing longer foreign leaseholds of property in special economic zones should give a further boost to the real estate market.

Will Thai giant take over Binh Minh Plastics?

The State Securities Commission (SSC) has approved a plan to lift the foreign ownership ratio ceiling in Binh Minh Plastics (BMP) to 100 percent. 

Vietnam assures EU on illegal, unregulated fishing

VASEP Marine Product Committee and Vietnamese seafood processors and exporters on September 25 promised to implement the EU’s demands on fighting IUU fishing and the national action plan to combat IUU fishing.