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Economy · BusinessPress ✓ 5 outlets · statements quoted

General Secretary and President Tô Lâm: strong businesses help build national strength, Party members encouraged to get rich with integrity

Newspapers carried the message on Oct. 12, a day before Vietnam Entrepreneurs’ Day on Oct. 13; the Thánh Gióng Cup awards ceremony took place on the evening of Oct. 11 in Hanoi.

On Oct. 12, VnExpress, Lao Động, VietnamPlus and the Communist Party’s information portal all carried General Secretary and President Tô Lâm’s remarks on business. According to VnExpress, he said that large, strong businesses that master technology and raise their competitiveness will help increase the country’s potential and standing. The newspapers’ headlines picked out three main points: strong businesses build national strength, Party members are encouraged to get rich with integrity, and a stable business environment must be ensured to protect legitimately earned wealth. Vietnam.vn added the idea of nurturing talented, courageous and honest entrepreneurs. The articles we found mostly quote headlines and summaries; we do not have the full text of the speech, so we add no further detail.

The backdrop is Vietnam Entrepreneurs’ Day on Oct. 13, tomorrow. On the evening of Oct. 11, at the National Convention Center in Hanoi, the Vietnam Chamber of Commerce and Industry (VCCI) held a celebration and presented the 2026 “Outstanding Vietnamese Entrepreneur – Thánh Gióng Cup” titles; Thanh Niên and Dân trí named the honorees, including T&T Group Vice Chairman Đỗ Vinh Quang and TTC Energy Chairman Đặng Huỳnh Anh Tuấn. Standing Deputy Prime Minister Phạm Gia Túc also said that accompanying businesses must be measured by concrete results (VnExpress, Báo Chính phủ). Dân trí held a forum on how to find capital when interest rates are high, while the head of MB said that for businesses to be strong, it is necessary to unblock capital flows to supply chains. These items show that capital, interest rates and the business environment are the main themes of the occasion. The leadership-level message did not come with new figures or specific new policy in the reports we cross-checked; the real-world effect will depend on implementing guidance and how it is carried out.

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By the numbers
Oct. 13Vietnam Entrepreneurs’ Day
Oct. 11Thánh Gióng Cup awards ceremony
5outlets carried the Oct. 12 remarks
Weather · UrbanPress ✓ 4 outlets · peak tide readings not yet compiled

High tides flood Ho Chi Minh City again on the morning and evening of Oct. 12: schoolchildren wade through water, many schools send pupils home early, many stations top alert level 3

In the early morning and morning of Monday, Oct. 12, high tides flooded many streets in southern Ho Chi Minh City; Thanh Niên reported that Đào Sư Tích Street in Nhà Bè commune was under nearly half a meter of water at 6:30 a.m., with students rolling up their trousers to wade through and parents carrying their children on their backs, and the water began to recede around 7 a.m. Dân trí said water levels at many stations exceeded alert level 3. In the afternoon, VnExpress, Lao Động and Thanh Niên reported that many schools let pupils go home early because of high tides combined with heavy rain at dismissal time. In the evening the water rose again: alley 14 on Lê Văn Lương Street was deeply flooded and vehicles stalled (Thanh Niên); workers in Nhà Bè, just off shift, had to bail water and raise their belongings, and many households in the southern area stayed up all night watching the tide (Dân trí). Thanh Niên said the peak has been reached and levels will stay high for about the next 3 days, while rain tends to pick up again. The outlets have not given a final peak figure or total damage.

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World · UkrainePress ✓ 5 outlets · figures vary by source

Kremlin rejects Ukraine’s 60-day ceasefire proposal; Kyiv says Russia is still hitting energy sites despite Mr. Trump’s declared “energy ceasefire”

On Monday, Oct. 12, the Kremlin rejected the idea of a 60-day ceasefire floated by Ukrainian President Volodymyr Zelensky so that his country could hold a presidential election, saying Moscow wants a comprehensive peace agreement (Reuters, Dân trí). The same day Mr. Zelensky accused Russia of violating the energy ceasefire announced by Mr. Trump, after a raid on a thermal power plant in Kharkiv, and called on the US to ensure Moscow complies (Reuters; AP, PBS and the New York Post also reported Kyiv saying Russia is still hitting energy facilities).

The political focus in Washington is the “diesel deal”: the US eased sanctions so that Russia can sell millions of tonnes of diesel in order to push US fuel prices down. According to Reuters and CNBC, Mr. Trump defended the deal after criticism from both parties; German Chancellor Friedrich Merz said such a deal “cannot exist” for Germany and the EU (DW). Dân trí wrote that Ukraine was caught off guard and may lose leverage in negotiations. The EU the same day adopted nearly 1,600 new sanctions entries targeting Russia (Reuters). VnExpress, citing CNN, said the US could indirectly stop selling weapons and sharing intelligence if Ukraine keeps hitting Russian energy infrastructure; this is a single source and has not been cross-checked. It is still unclear whether Russia has formally accepted an energy ceasefire.

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World · Middle EastPress ✓ 6 outlets · casualty figures per Saudi authorities

Houthis keep attacking Saudi airports: Riyadh airport closed longer, airlines cancel flights, Vietnam has two Asian Cup 2027 matches in the city

King Khalid International Airport in Riyadh remains closed after attacks by the Iran-backed Houthi forces in Yemen; Saudi Arabia’s civil aviation authority extended the suspension but did not say when it will reopen (CNA). Reuters said the skies over Riyadh were almost empty of aircraft and many airlines canceled flights; Delta Air Lines postponed until March 2027 its first direct US–Saudi Arabia route (CNBC). The US and at least six other countries advised citizens to limit or avoid travel to Saudi Arabia (VnExpress). The earlier attack killed 12 people (NPR, CBS News); the Manila Times said three of the four Filipinos injured remain in intensive care. Saudi Arabia is reviewing why its air defense system failed to intercept (AP) and has pledged a “serious” response (BBC). Iran has offered to mediate between the Houthis and Riyadh (Straits Times).

For Vietnamese readers, Thanh Niên said the national team will play two group-stage matches of the Asian Cup 2027 in Riyadh in nearly three months; the Asian Football Confederation (AFC) has spoken about the tense situation, but the articles we found do not mention any decision to change the venue. On markets, Bloomberg said oil prices rose on worries about supply from Russia to the Middle East, but we do not have Monday’s closing price. Several viral videos claimed to show the airport attack were verified by DW as AI-generated, so be wary of anonymous clips.

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Foreign affairs · TravelPress ✓ 4 outlets · effective Oct. 15 per VnExpress, Tuổi Trẻ

President Putin signs decree for 30-day visa-free entry for Vietnamese citizens, effective Oct. 15

According to Thanh Niên, the decree of Russian President Vladimir Putin was published on Oct. 12: Vietnamese citizens may enter Russia without a visa and stay up to 30 days for tourism, visiting relatives or business. VnExpress, Tuổi Trẻ and Báo Chính phủ all reported that the visa exemption takes effect on Oct. 15, and Interfax also reported on the decree.

The articles we found do not state the number of entries allowed, passport requirements or border-crossing procedures; these details must await the official text and notices from consular offices. Russia may also issue accompanying rules. Before booking tickets, travelers should check information carefully with the Ministry of Foreign Affairs or their airline.

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In brief
  • Wall Street on Friday, Oct. 9 (the latest confirmed closing session): S&P 500 7,811.54 (+0.59%), Nasdaq 27,366.17 (+0.64%), Dow 51,654.95 (+0.83%)market data
  • WTI crude on Friday, Oct. 9: $91.85 (+0.39%); world gold $4,216.3 an ounce (+1.43%)market data
  • Group of urban order collaborators indicted, accused of taking VND 554.9 million in “kickbacks” to ignore sidewalk encroachment in Ho Chi Minh CityDân trí
  • Two bank employees named as helping a Chinese “kingpin” smuggle $40 millionVnExpress
  • Iran says the US has accepted only some conditions for reopening the Strait of Hormuz, “not enough”; Tehran will reply through intermediaries once it has finished reviewingVnExpress, Reuters
  • Poland deploys more than 20,000 police to protect schools after a series of stabbingsThanh Niên, Reuters
  • Nepal: more than 100 foreign tourists stranded in flash-flood areaDân trí, Reuters
  • Pope Leo XIV hospitalized Tuesday ahead of surgery, the Vatican saysReuters
Seven minutes every morning, one front page

Unverified — what we could not confirm

“Russia and Ukraine have agreed to an energy ceasefire.” So far only Mr. Trump has announced it; Mr. Zelensky says Russia is still hitting energy facilities, and the Kremlin has not confirmed it and has rejected a 60-day ceasefire (Reuters, AP, NU.nl).
“Video of the attack on Riyadh airport.” DW verified that many viral videos were AI-generated; trust only images from news agencies with a clear source.

Influencer watch

  • Volodymyr Zelensky Telegram · 10/12Zelensky said after a Stavka meeting that Ukraine keeps up an active defence and is gradually pushing back the occupier, with Russian losses up in recent months.
  • Volodymyr Zelensky Telegram · 10/12Zelensky posted his negotiating team's report after meetings in the US: Ukraine is ready for real decisions and de-escalation steps.

Statements as posted, not fact-checked.

Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.
INSIDEGeneral Secretary and President Tô Lâm: strong businesses help build national strength, Party members encouraged to get rich with integrityEconomy · BusinessHigh tides flood Ho Chi Minh City again on the morning and evening of Oct. 12: schoolchildren wade through water, many schools send pupils home early, many stations top alert level 3Weather · UrbanKremlin rejects Ukraine’s 60-day ceasefire proposal; Kyiv says Russia is still hitting energy sites despite Mr. Trump’s declared “energy ceasefire”World · UkraineHouthis keep attacking Saudi airports: Riyadh airport closed longer, airlines cancel flights, Vietnam has two Asian Cup 2027 matches in the cityWorld · Middle EastPresident Putin signs decree for 30-day visa-free entry for Vietnamese citizens, effective Oct. 15Foreign affairs · Travel