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The overall exports pattern of Vietnam portrays its similarities with export-led growth model of Mexico, which has turned itself into export production platforms for foreign multinationals, rather than developing own indigenous industrial capacity.
Tourism is likely to become Vietnam’s new growth pillar, increasing its contribution to the service sector and overall GDP.
The Mekong Delta loses 300 hectares of land each year because of river and coastline erosion, according to the Ministry of Agriculture and Rural Development (MARD).
The ongoing revision of Vietnam’s securities law is expected to remove restriction for foreign ownership limit at local companies.
As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.
Nguyen Ngoc Trong is known as the best artisan of metal inlaying craft. He is one of only 4 artisans practicing this craft of the capital city of Hanoi.
Vietnam is listed among the five worst polluters of ocean plastic waste, discharging between 280,000 and 730,000 tons of plastic waste every year into the ocean, according to the United Nations.
More Vietnamese companies are turning to mergers and acquisitions to beef up their domestic market presence and boost growth.
There is a growing need for innovative solutions that open up opportunities for private investment into economically, socially and environmentally sustainable projects in Vietnam.
The country plans to need about US$480 billion for infrastructure investment by 2020, with additional projects in the pipeline including about 1,380 km of highway and around eleven power plants.
Students have a long three-month summer holiday, but many parents still don’t have a place where they can leave their children while they are at work.
Three major mobile carriers in Vietnam have recently announced information of cooperation plans with foreign partners in the roadmap of 5G implementation but no one has mentioned Huawei.
With ASEAN’s third largest population of over 94 million people yet the region’s lowest urbanisation ratio of 36 per cent in 2018, Vietnam and its property market have the potential to surpass regional peers.
The new policies will simplify procedures, explaining that instead of 95 laws and ordinances, investors only have to relate to two legal documents regulating planning.
The cement industry needs capable investors and large-scale producers to navigate eco-friendly and high efficiency production and generate quality products at lower costs, said Vietnam Cement Association chairman Nguyen Van Cung.
It is worth pondering the dissolution of To Lich water with the Red river’s water because the To Lich river is facing the risk of becoming a dead river when it received little amount of water in the dry season.
Although emergency blood donations in remote, border and island areas have been launched in recent years, they are yet to meet the needs of urgent cases.
Huawei holds only a small share in Vietnam’s market, approximately 4%, equal to VND2.7 trillion (US$113 million) in 2018.
The Eastern North-South expressway project includes 11 sub-projects with total length of 654km running through 13 provinces, of which three will be financed by state budget and eight under the PPP and BOT financing.
Vietnam`s population growth and rapid economic development drive up its people`s demand for water, which puts water resource at risk of being depleted, posing a big threat to sustainable development.
Risks and challenges must be identified during the digital transformation era to ensure that Viet Nam continues to grow and be prosperous, a new report has said.
Investor permitted to start survey for giant offshore wind power farm
The southern region’s Top 34 contestants for the Miss World Vietnam 2019 pageant have been revealed, with a number of notable picks, including a 19-year-old contestant.
The countries with developed technologies such as Japan and the US, when seeking places for their long-term investments, consider possible destinations such as Vietnam, Indonesia and India very carefully.
HCM City plans to set up a database on civil status to store and manage basic information related to population management of all citizens by 2020, with total cost estimated at VNĐ260 billion (US$11.15 million).