36th ASEAN Summit opens in Hanoi

The 36th ASEAN Summit themed “Cohesive and Responsive ASEAN” took place in Hanoi on June 26 under the chair by Prime Minister Nguyen Xuan Phuc.

Vietnam's logistics service industry ready for opportunities from EVFTA

Vietnam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.

UN Security Council adopts Vietnamese-compiled resolution

The United Nations Security Council (UNSC) on June 25 adopted Resolution 2529 on reappointing the prosecutor and reviewing the two-year operation of the International Residual Mechanism for Criminal Tribunals (IRMCT).

USAID awards follow-on grant to Fulbright University Vietnam

The US Agency for International Development (USAID) has awarded a $4.65 million grant to Fulbright University Vietnam (FUV).

HCM City puts street vendors under better management, protects pedestrians

Street vendors will be allowed to use sections of roads and pavements if they receive permission and pay fees for their business activities under a HCM City draft decision on road and pavement management.

PM, NA Chairwoman attend ASEAN Leaders’ Interface with Representatives of AIPA

PM Nguyen Xuan Phuc and National Assembly Chairwoman Nguyen Thi Kim Ngan attended the ASEAN Leaders’ Interface with Representatives of ASEAN Inter-Parliamentary Assembly (AIPA) as part of the virtual 36th ASEAN Summit on June 26.

Investors more cautious about pouring money into startups

Analysts believe that mentors and angel investors in Vietnam are spending time taking care of their existing investment portfolios, rather than seeking new investors.

VIETNAM'S BUSINESS NEWS HEADLINES JUNE 26

HCM City records low credit growth, high risk of bad debts

Pandemic brings fame in Spain for Vietnam-based cyclist

The coronavirus pandemic has sidelined athletes across the world, but for one Spanish cyclist in Vietnam, it's brought a degree of fame in his home country he never thought possible.

Vietnam's digital economy speeds up during pandemic

The pandemic has created big changes in society as people shop, gather and learn online, and use smartphones and TVs for entertainment more regularly.

Vietnam's footwear firms forced to lay off workers due to Covid-19

The coronavirus pandemic has left tremendous impact on Vietnam's footwear industry, with the lack of production orders and the consequent drop in exports forcing them to lay off employees. 

Inspiring work environments nurture new talent

The outbreak of the COVID-19 pandemic has changed many things in people’s lives. One of the big changes is the working method. Instead of going to the office, many people are now working from home. 

Hanoi: Few pedestrians use footbridges, underground passages

Many pedestrian bridges and underground passages in Hanoi are largely unused due to their inconvenience and safety concerns, according to baotintuc.vn.

Orientations put Hanoi onto investment radar

Amidst the global trend of investment shifts, Hanoi is betting on new orientations and solutions to increase its appeal, expecting to open opportunities for international investors to venture further afield.

EVFTA promises an enhanced Vietnam

The National Assembly has passed the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement, ushering in a new economic, trade, and investment co-operation outlook for both Vietnam and the EU.

A Vietnamese perspective on the evolution of Industry 4.0

Humankind has observed three industrial revolutions in the past 260 years. The first recognised James Watt as the typical pioneer, inventing the steam engine in 1760 which helped with performing tasks previously carried out by hand. 

Office segment resilient amid health emergency struggles

In the first months of 2020, the office segment remained resilient in both Hanoi and Ho Chi Minh City admit the impacts of the COVID-19 pandemic.

Cybersecurity law to stopper Apple cloud services

Apple’s cloud computing solutions may not be able to touch down in Vietnam due to conflicts with the Law on Cybersecurity that demands foreign service suppliers to store data on Vietnamese servers.

Free water taps help to relieve Hanoi scorching heat

Many free drinking water taps are being put on Hanoi streets, partially helping to ease the city’s on-going blazing hot weather.

Vietnam struggles to fulfill dream of building an auto industry

Instead of reducing taxes and fees, the State needs to set reasonable policies to develop automobile supporting industries, experts say.

Climbing the value chain to maximise investment

In general, foreign investors are seeking safe, stable investment environments with established real estate market practices, rule of law, and structured land ownership, with available financial support from banks.

Newborn survives complex heart surgery and recovery process

The Children's Heart Centre under the National Paediatrics Hospital has successfully treated a 15-hour-old newborn in Hanoi with a congenital heart defect.

Metal casting workers struggle under scorching temperatures

Despite enduring harsh conditions, combined with the recent spell of extremely hot weather, workers in My Dong metal casting village, Hai Phong have been attentively working to produce mechanical products for the local market.

PM approves suspension of Bac Van Phong SEZ plan

PM Nguyen Xuan Phuc has approved the suspension of a master plan to develop the Bac Van Phong special economic zone in Khanh Hoa Province until the National Assembly agrees to pass the law on special administrative and economic zones.

How can private tutoring in Vietnam be better managed?

The Ministry of Education and Training (MOET) has proposed listing private tutoring as a conditional business field, but experts think this will not be a good solution.