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Unemployment rate drops to five-quarter low in Q3

The rate of unemployment among people of working age dropped to 2.26 percent in the second quarter, the lowest for the past five quarters, according to the latest newsletter on the labour market update released on September 15.

Summer Youth Volunteer Campaign draws over 1 million youngsters

 More than 1 million volunteer youngsters joined the three-month 2017 Summer Youth Volunteer Campaign, according to the Ho Chi Minh Communist Youth Union’s Central Committee.

Cuban Ambassador honoured with Friendship Order

 Deputy Foreign Minister Ha Kim Ngoc presented the Friendship Order – the noble distinction of the Vietnamese State – to outgoing Cuban Ambassador to Vietnam Herminio Lopez Diaz at a ceremony in Hanoi on September 15. 

Vietnamese, European parliaments attain high mutual trust: official

 The National Assembly of Vietnam and the European Parliament have attained high mutual trust through meetings, NAV Vice Chairman Phung Quoc Hien said.

Storm leaves one dead in Nghe An province

 Typhoon Doksuri, said to be the strongest in many years, claimed one life and injured another in the central province of Nghe An, according to preliminary statistics.

Smartphone dealers predict sky-high prices for new iPhone 8

FPT Shop, the direct importer of Apple iPhones and iPads in Vietnam, has announced that iPhone 8, iPhone 8 Plus and iPhone X will be available in Vietnam by the end of October or early November and priced from VND20.99 million.

High-rise residents in big cities suffer from foul smell

 Many residents at several apartment buildings in Hanoi and HCM City are complaining about being surrounded by dumping sites.

SOE bosses – from hot seats to prison

The posts of chair or general director of large state-owned conglomerates such as oil and gas, electricity, mining, shipbuilding and shipping are very powerful. However, the positions have led many businessmen to prison.

Mismatch in quantity and quality: concerns over rising labour demand

As Vietnam targets to have at least one million enterprises by 2020, the increasing number of enterprises will lead to a higher demand for labour. However, experts have raised concerns over the quality of the abundant labour force.

Dengue fever cases in Vietnam fall

Most localities nationwide have reported declines in dengue fever cases in the past four weeks, said Tran Dac Phu, Director of the Health Ministry’s Preventive Medicine Department, on September 14. 

Foreign investors want to buy controlling interest in equitized SOEs

VietNamNet Bridge - Many foreign investors that want to become strategic partners of large state-owned conglomerates are finding it difficult to negotiate prices. 

Franchise battle stirring up Vietnamese milk tea market

 The milk tea market is heating up day by day as a number of foreign giants have been opening franchise stores in Vietnam, reviving the trend that once hyped up the beverage market.

World Bank and Vietnam to pilot solar power auctions

In preparation for the coming open energy market in Vietnam, the World Bank and the Ministry of Industry and Trade will implement the pilot programme to auction solar power with the floor price of 9.35 US cent per kWh.

Death in Thua Thien-Hue as Storm Doksuri nears

Torrential rains triggered by Typhoon Doksuri left two dead and one missing in the district of Phong Dien, central Thua Thien Hue Province on the morning of September 15, according to local officials.

Death-row inmates escape Hanoi prison

 More than 60 policemen have been mobilised to hunt two death-row inmates who have fled from a jail in Hanoi.

Typhoon Doksuri spotted in central region’s waters

The National Centre for Hydro-meteorological Forecasting in its latest report that typhoon Doksuri was spotted in the waters of central Ha Tinh, Quang Binh and Quang Tri province by 8am today.

Retailers see big opportunities from online shoppers

VietNamNet Bridge - Young consumers with the habit of using smartphones are expected to be a new source of business growth. 

Vietnamese gold trading market slows to a crawl

 Transactions in the domestic gold bar market dropped sharply as many gold holders selling their precious metal for Vietnamese dong to reinvest in business, production and consumption.

Vietnam tra exporters protest US duties

 The Vietnam Association of Seafood Exporters and Producers (VASEP) protested a new US anti-dumping duty on tra frozen fillets from Viet Nam.

New app allows bus passengers to plan trips

A new app aims to help commuters navigate Hanoi's sprawling bus system, while a smart bus operation centre will collect data about vehicles’ timeliness and traffic violations as part of a larger plan to improve bus service in the capital city.