Vietnamese Ambassador to the US Pham Quang Vinh introduced the Asia-Pacific Economic Cooperation (APEC) 2017 hosted by Vietnam at the fifth annual Asian Architecture Conference recently held in the US.

 The Ministry of Industry and Trade (MoIT) has recently issued a decision temporarily suspending Vietnam’s competitive power generation market from October 1 until further notice.

 Ministry of Defense agrees to part with land so city authorities may better address ongoing traffic issues.

 Nearly 180 million shares of four companies will start trading on the Unlisted Public Company Market (UPCoM) on the Ha Noi Stock Exchange on October 16-20.

 Viet Nam’s stock market capitalisation (excluding bond market) reached almost VND2.74 quadrillion (US$120.6 billion) until the end of September 2017, the Ministry of Finance reported.

Vietnam spent US$1.3 billion on importing 2.14 million tonnes of petroleum from South Korea over the past nine months of this year. 

 The proposal to impose 10 per cent special consumption tax on soft drinks for health reasons is reasonable, however, there is no concrete assessment on whether this will slow down the rate of obesity.

 The Ministry of Finance’s proposal to impose 10 per cent value added tax (VAT) on the transfer of land use rights has met with objections, as it might increase land prices.

 The central city of Da Nang is set to build the first solar farm in the country that could connect to the national grid as early as the first quarter of 2018, project officials say.

 A 30-year-old woman in the northern province of Vĩnh Phúc has given birth to a newborn weighing 7.1kg – the biggest ever newborn in Viet Nam.

 Binh Son Refining and Petrochemical Company Limited (BSR), which operates the $3-billion Dung Quat Oil Refinery, expects to acquire VND2 trillion from its initial public offering (IPO).

 Amid growing interest from foreign investors, Vietnam will soon consider cutting 50 per cent of personal income tax for employees in high-tech industries, paving the way to attracting more foreign investment in the sector.

 Stock market capitalisation hits record

 Minh Phu Seafood Corporation (MPC) today listed its stock on the UPCoM Stock Exchange two years after voluntarily delisting from the Ho Chi Minh City Stock Exchange (HoSE). 

VietNamNet Bridge - Analysts believe that the upward trend of the stock market will continue in the last months of the year, with the VN Index soaring to 820-850 points by the end of 2017.

 Hoang Quan won the Danko Golf Championship at the FLC Sam Son Golf Links in Thanh Hoa Province on Sunday.

 International organisations are continuing to show optimistic forecasts about Vietnam’s whole-year growth, with the country remaining one of the region’s top performers thanks to strong production recovery.

 The Vinh Phuc Cross Country 2017, the first of the National Vietnam MTB Series, will be organised this Sunday with the participation of more than 200 athletes.

The flash floods hit the districts of Tram Tau, Van Chan, Van Yen and Nghia Lo township caused inundation and landslides in a wide scale, causing heavy damage.

Promoting effective cooperation with the UN is always a top priority of Vietnam’s foreign policies, Prime Minister Nguyen Xuan Phuc said.