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FIEs make most hi-tech products in Vietnam

 Nearly VND10 trillion was spent between 2011 and 2015 on science and technology development at the national level, yet most of the value of high-tech products and applications in Vietnam was generated by foreign-invested enterprises.

VN central bank warns banks against lending to property sector

 VietNamNet Bridge – Recently the State Bank of Viet Nam told credit institutions to restrict loans to real estate projects to reduce risks and credit concentration in a single sector.

No cause for concern over foreign capital outflows

 The Vietnamese market remains attractive to long-term investors despite recent sell-offs. Peter Ryder, CEO of Indochina Capital, shared with VIR’s Nam Phuong his thoughts on the issue.

Vietnam makes efforts to minimize natural disaster risks

 As one of the countries hardest hit by climate change, Vietnam has undertaken efforts to minimise risks from natural disasters and adapt to climate change, including issuing policies and developing infrastructure in recent years. 

Vietnam, Denmark to facilitate ties in priority fields

 Deputy Prime Minister and Foreign Minister Pham Binh Minh and Danish Foreign Minister Kristian Jensen agreed to facilitate business operations in the priority fields of agriculture, food processing, renewable energy, green growth and environment.

Da River in distress because of illegal sand exploitation

 VietNamNet Bridge - Illegal sand exploiters have been dredging the Da River bed day and night at the foot of Vietnam’s most important hydropower dam.

German folk singing coming to Ha Noi and HCM City

 VietNamNet Bridge – Gewandhaus Choir Leipzig will perform German folksongs in Ha Noi and HCM City.

Vietnamese investors rush to pour money into power projects

 VietNamNet Bridge - Though the competitive electricity generation market still remains on paper, investors are now rushing to pour money into the sector.

NA concerned about bad debt upsurge

 Vice Chairman Phung Quoc Hien of the National Assembly (NA) voiced concern that bad debt would escalate though the central bank has reassured that it is now at a safe level, less than 3% of total outstanding loans.

Expert proposes compact city to ease congestion in HCMC

 The government of HCMC should change its urban planning concept towards a compact city to effectively deal with worsening traffic congestion, said the academic director of the Fulbright Economics Teaching Program.

Hanoi Museum displays its valuable collection

 An exhibition kicked off at the Hanoi Museum on October 10 with nearly 150 documents and objects sourced from the museum’s collection on display.

Competition grows as foreign firms make inroads into Vietnam’s retail market

 Vietnam’s retail market has recently seen a wave of mergers and acquisitions as well as the rapid domination of foreign investors from Japan, Thailand and the Republic of Korea.

Tech parks urge greater tax cuts, in search of FDI

 Vietnam’s hi-tech parks are proposing a 50% reduction in personal income tax for employees working in all areas of the high-tech sector, to facilitate future investment attraction.

Japan ventures in Vietnam realty

 Japanese investors are continuing to influence Vietnamese real estate trends with the entry to the market of a new wave of investors.

Hanoi increases oxygen in West Lake to save fish

 Chairman of the Hanoi People’s Committee, Nguyen Duc Chung, has said Hanoi is installing four high capacity oxygen supply systems at West Lake to improve the lake’s oxygen content.

Ly Hoang Nam sets Vietnamese ATP ranking record

 Ly Hoang Nam jumped 18 spots to world No 683 in the latest Association of Tennis Professionals (ATP) men’s singles rankings, announced yesterday.

WHO warns of Zika virus spread in Asia-Pacific

 There is a high risk of Zika virus spreading through Asia-Pacific as hundreds of cases have been reported in Singapore and Thailand, with two babies diagnosed with Zika-linked microcephaly, the World Health Organisation (WHO) warned.

Khanh Hoa leader opposes China’s election in so-called ‘Sansha’ city

 Chairman of the People’s Committee of central Khanh Hoa province Le Duc Vinh has rejected China’s election of deputies to the People’s Congress in the so-called ‘Sansha’ city.

Hanoi’s walking streets a playground for all

 VietNamNet Bridge – Taking a leisurely walk through the pedestrian areas that surround Hoan Kiem (Sword) Lake on the weekends, one can see there is a lot on offer.

Two new Zika infections diagnosed in Vietnam

 VietNamNet Bridge – The Ministry of Health last Saturday confirmed two new cases of Zika virus infection, raising the total number of locally transmitted cases in Viet Nam to five since April.