Vietnam Morning News For October 16

Can Vietnam avoid a crash this time?
Vietnam’s China-beating economic growth rate is the envy of Asia, as neighbors struggle to keep up with its 7.4% pace. That does not mean officials in Hanoi should be sleeping easy.
— Nikkei Asian Review

Death toll in Vietnam floods climbs to 68
The death toll in Vietnam from landslides and heavy rain triggered by a tropical depression earlier this week has climbed to 68, with another 34 people missing.
— Sky News

6.7 percent GDP growth rate within reach for VN
The General Statistics Office (GSO) announced that the GDP growth rate in the third quarter of the year reached 7.46 percent, a record high level that surprised all analysts.
— VietnamNet Bridge

Debt trading firm in line for a makeover: Finance Ministry
The functions and operations of the Vietnam Debt and Asset Trading Corporation (DATC) should be restructured to deal with the “next phase” of handling non-performing loans (NPLs), the Finance Ministry (MoF) said.
— VietnamPlus

Stock uptrend likely despite divergence
Stock analysts have predicted the market will likely extend gains this week but divergence will continue in the context of third-quarter earning reports.
— Viet Nam News

Programme honours outstanding Vietnamese farmers throughout 30 years of Doi Moi
Nearly 90 farmers with significant achievements in the fields of agriculture and rural areas were honoured and presented with the “Outstanding Vietnamese farmers in the 30 years of Doi Moi (Renewal)” title during a programme held in Hanoi on October 14.
— Nhan Dan Online

Vietnam opens convention center for APEC Leaders’ Week
The Ariyana Convention Center, a key venue of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week slated for Nov. 6-11 in Vietnam’s central Da Nang city, was inaugurated on Sunday in the presence of Vietnamese Prime Minister Nguyen Xuan Phuc.
— Xinhua

HCM City travel firms hope to profit from waterway tours
Five luxury motor boats with the capacity of 25 passengers each and maximum speed of 50 kilometers per hour have been put into operation, taking tourists to destinations in HCMC and neighboring areas.
— VietnamNet Bridge

Bio-tech key to climate change response: scientist
Prof., Dr. Bui Chi Buu, former director of the Institute of Agricultural Sciences for Southern Viet Nam, speaks to Viet Nam News about the agricultural challenges facing the Cuu Long (Mekong) Delta and measures to cope with them.
— VietnamNet Bridge

MoIT’s new decision benefits gas producers
Gas and oil power plants are expected to benefit from the new decision of the Ministry of Industry and Trade (MoIT) that has suspended the operation of the competitive electricity generation market.
— VietnamPlus

High recruitment demand for senior and middle-level managers continues
Recruitment demand for senior and middle-level positions by Navigos Search clients are continuously increasing. In the third quarter of this year, the number of such job orders rose 19 per cent year-on-year.
— VietnamNet Bridge

Mid-priced flats in vogue in HCM City
The mid-priced apartment segment in HCM City is developing strongly with demand and supply and liquidity all looking up, especially in the eastern part, experts said.
— Viet Nam News

Sabeco to submit plan by Oct 20
The Ministry of Industry and Trade (MoIT) will submit its plan to offload part of the State’s capital in Sabeco to Deputy Prime Minister Vuong Ðình Hu? by October 20.
— Viet Nam News

Real estate needs more foreign investment: experts
The number of foreigners buying real estate products in Viet Nam has increased, but the domestic property market needs policies to attract more foreign investment, according to experts.
— Bizhub

Sofitel Legend Metropole Hanoi set for Les Arômes Festival 2017
The Sofitel Legend Metropole Hanoi will transport guests to a world of gastronomy at the Les Arômes Festival 2017, Vietnam’s premier wine and food festival, from October 26 to December 7.
— Vietnam Economic Times

Irresolute localities destroying forests: PM
Prime Minister Nguyễn Xuân Phúc said yesterday that the specific forest management and protection responsibilities of local authorities, Party units, collectives and individuals should be made clear.
— Viet Nam News

Ha Noi retail space rentals at five-year high
The retail space leasing market in Ha Noi has recorded its best occupancy and rental rates in the last five years, according to Savills Vietnam.
— Bizhub

Anphabe launches Vietnam Happiness At Work Summit 2017
Anphabe opened the Vietnam Happiness At Work Summit 2017 on October 12, in the presence of more than 600 CEOs and human resource (HR) managers from leading organizations.
— Vietnam Economic Times

Vietnam’s import-export sector faces more challenges
The fourth industrial revolution (Industry 4.0) is considered a golden chance for developing countries like Vietnam to improve quality of services, goods and competitive advantages.
— VietnamPlus (video)

Dat Xanh Mien Bac & Defuco Vietnam sign MoU
Mr. Vu Cuong Quyet, General Director of Dat Xanh Mien Bac, and Mr. Vu Tuan Truong, General Director of Defuco Vietnam (DFC), have signed a memorandum of understanding (MoU) in Hanoi.
— Vietnam Economic Times

Feature photo ILO/Nguyen Viet Thanh
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