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Politburo member, Permanent Deputy Prime Minister Truong Hoa Binh, on behalf of the Political Bureau, read the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the socio-economic situation and the implementation of state budget in 2019; the socio-economic development plan for 2020; state budget estimate for 2020 and the finance-budget plan for 2020-2022. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13

The concept of 7 Bridges Brewing Company formed in the summer of 2016 and R&D started in September 2016. During that time, the founder was brewing test batches aiming for commercial production, which commenced in April 2017 once the license was issued. R&D is a key element of its business model and involves constant re-investment in production systems, sales outlets, and product recipes. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

Regarding variety of payment methods, only 27 per cent of all transactions are made via non-cash methods such as credit cards or mobile wallets. However, an increasing percentage of customers are showing a preference for these methods. Those who prefer to pay with a credit card is 51 per cent, up from 42 per cent in 2018, those who prefer a mobile app is 19 per cent, up from 11 per cent in 2018, and those who use membership points is 16 per cent, up from 10 per cent in 2018. … [Read more...] about BUSINESS NEWS OCTOBER 11

Trang also pointed out that with regard to the CPTPP, the country has faced an array of difficulties in taking full advantage of tariff incentives on garments and textiles as Vietnamese products must adhere to rules of origin whereby a certain ratio of materials from a product must originate from other CPTPP members. Currently, most of the nation’s supply sources of materials originate from China. … [Read more...] about BUSINESS NEWS OCTOBER 12

In 1911, he came here in the journey to salvage the nation. In 1946, he returned as the leader of a newly independent nation. In 1958, he visited Kolkata as the President of the young Democratic Republic of Việt Nam in the process of overcoming the consequences of war, building and fighting to unify the country. … [Read more...] about Vietnam – India culture and tourism: Chicken lays golden eggs

Speaking at a press briefing yesterday, Huỳnh Văn Hùng, chief of HCM City Statistics Office, said: “This indicator has gradually improved over the last 10 years, from 0.9 per 10,000 in 2009 to only 0.2 per 10,000 this year. The proportion of families having housing is 99.8 per cent. The average housing area per capita this year is 19.4 square metres per person.” … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13