Politics
-- Vietnam and China have pledged to beef up defense ties as a high-ranking Vietnamese military delegation led by Defense Minister, General Ngo Xuan Lich paid an official visit to China over the weekend at the invitation of his Chinese counterpart, Sen. Lieut. Gen. Wei Fenghe.
Society
-- Super Typhoon Yutu, which is currently off Luzon Island in the Philippines, is expected to enter the East Vietnam Sea on Tuesday before changing direction and head toward China, where it will make landfall and bring rains to the northern region of Vietnam.
-- Ho Chi Minh City is expected to welcome its seven millionth foreign visitor on December 10, as the municipal tourism department is preparing for a welcome ceremony at Tan Son Nhat International Airport for the lucky passenger, who will enjoy a free business-class flight operated by Vietnam Airlines on their next trip.
-- The Hai Van Tunnel, the longest tunnel in Southeast Asia connecting the two cities of Da Nang and Hue in central Vietnam, is on the verge of shutting down as its operator has reported mounting losses and is unable to pay electricity bills.
Business
-- Vietnam’s lawmaking National Assembly (NA) is expected to cast a vote on November 12 to ratify the resolution and related documents on Vietnam’s joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), a trade agreement signed in March among 11 countries in the Pacific region.
-- Over US$5.7 billion in foreign investment was poured into Vietnam’s real estate market in the first ten months of 2018, accounting for 20.4 percent of all foreign investment over the period and behind only investment into the manufacturing industry, according to a report by the Ministry of Planning and Investment.
-- Around 250 global coffee brands from ten nations will converge on Ho Chi Minh City this week for the 2018 Coffee Expo Vietnam, slated to be held from Thursday to Saturday, where equipment and materials for coffee making will be on display.
-- Vietnam’s public debts and government debts in 2018 stood at 61.4 percent and 51.8 percent of its gross domestic product (GDP), respectively, while foreign debts were equivalent to 49.7 percent of the country’s GDP, according to the latest government report.
Education
-- Vietnam’s finance ministry has asked the administration of Ho Chi Minh City to reconsider its request to make middle-school education free for all students in the city, citing concerns that such a policy would create unfairness among those living in different parts of the country.
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