Low-cost Chinese cars do not sell well in Vietnam

Despite slow sales, Chinese auto manufacturers have never given up the ambition to penetrate the Vietnamese market.

VIETNAM NEWS NOVEMBER 7 (updated hourly)

No new COVID-19 cases to report on Nov. 7 evening

 

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 7

FTAs, e-commerce offer prime opportunities to local economy

More efforts needed for forest protection: expert

Vietnam has abundant forest resources, but there are many ongoing problems relating to forest protection. Trieu Van Hung, Chairman of the Vietnam Forest Science Technology Association, talks to Viettimes about the issue.

Miss Vietnam finalists prepare for fashion competition

Preparations are being swiftly made by both the organisers and contestants of Miss Vietnam 2020 ahead of the pageant’s fashion segment, the first competition of the final round which is set to be held in Vung Tau on November 10.

37th ASEAN Summit, related meetings slated for November 12-15

As Chair of ASEAN 2020, Prime Minister Nguyen Xuan Phuc will preside over the 37th ASEAN Summit and related meetings, which will be held via video conference from November 12-15, 

Female entrepreneurs get support to unleash potential

It has been tough for micro and small-sized businesses to survive during the COVID-19 pandemic and Truong Foods, a fermented pork company owned by a young female entrepreneur in Hanoi, is no exception. 

Vietnamese shoppers increase online purchase frequency in 2020: Survey

E-commerce is the fastest-growing digital economy in Vietnam as online usage becomes part of the Vietnamese shopping life.

Labour ministry proposed delaying raise in minimum wage til Q3 2021

The labour ministry has proposed the Government delay increasing minimum wage next year due to economic hardship caused by the COVID-19 pandemic.

PM holds phone talks with Thai counterpart

Prime Minister Nguyen Xuan Phuc spoke with his Thai counterpart Prayut Chan-o-cha by phone on November 6 on bilateral ties and regional cooperation ahead of the 37th ASEAN Summit.

Local traders need business plans to develop e-commerce activities

Businesses need to develop specific business plans to succeed in e-commerce activities that are seeing strong development in Vietnam, according to experts.

Young rappers revived in quest for crown of reality TV show

The semi-finals of King of Rap, Vietnam's first competitive reality TV show seeking talented rappers, will be aired on Saturday.

Long An, Binh Thuan begin waste classification at source

Households, agencies and businesses in Tan An City's Ward 3 started sorting their waste for collection on Thursday.

Vietnamese digital economy expected to jump to US$43 billion by 2025

The nation’s digital economy hit US$12 billion in 2019, with the sector anticipated to record rapid growth in the coming years to reach a figure of US$43 billion by 2025.

New report finds GDP growth revised up 25.4 per cent in 2010-2017

A new report on Vietnam's macroeconomics and GDP revision has been released by Prof Can Van Luc and researchers from the BIDV Training and Research Institute

Innovation a must for SOEs

Innovation has become a pressing need for State-owned enterprises (SOEs) which have undergone drastic restructuring during the past decade but their operation efficiency remained lower than expected.

Billionaire shows his power, buys FLC shares at high prices

Trinh Van Quyet, president of FLC Group, has decided to spend nearly VND100 billion to buy FLC shares, though prices have increased sharply recently.

Designer Cong Tri to debut latest line at Vietnam International Fashion Week 2020

Famous local designer Nguyen Cong Tri is poised to debut his latest collection during Vietnam International Fashion Week 2020, which is scheduled to run from December 3 to December 6 in HCM City.

Draft of amended law on environmental protection is a step backwards: experts

Experts have expressed their concerns about the draft of an amended law on environmental protection compiled by the Ministry of Natural Resources and the Environment (MONRE).

Storm Atsani heading to East Sea

Storm Atsani, which has developed offshore of the Philippines, is moving towards the East Sea.

Vietnam’s 2020 M&A value to halve to $3.5 billion due to pandemic

Vietnam’s merger and acquisition market is considered the least affected among the Southeast Asian countries since the onset of the COVID-19 pandemic, but in the new normal state, 

Vietnam backs peaceful settlement of maritime disputes

The country always supports the peaceful settlement of territorial disputes on the basis of respect for international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

Two US fugitives extradited to the US

US and Vietnamese law enforcement authorities have coordinated in arresting and extraditing two US fugitives located in Ho Chi Minh City and Vung Tau City.

Hotel co-working service competes with co-working spaces

Going to hotels to study and work is a growing tendency among Vietnamese youth.

VN and Australia signs strategic partnership action plan

Vietnam and Australia on Thursday signed an action plan to implement the Strategic Partnership between the two countries for 2020-23 period.