Food delivery market heats up, weak competitors drop out

VietNamNet Bridge - Having an estimated value of $33 million, the competition in the food delivery sector is as cutthroat as the ride-hailing market.


Tourism trying to meet expectations

 Mr. Paul Stoll, CEO of Chao Global, discusses Vietnam's tourism industry development with VET's Linh San.

BUSINESS NEWS IN BRIEF 17/1

Kon Tum officially debuts products from Ngoc Linh ginseng, One more trade center open in HCMC, Quang Tri builds internationally-certified shrimp farming zones, CPTPP brings opportunities, challenges to Vietnam’s agriculture

Hill Chicken in Tien Yen

 The Hill chickens got their name from the fact that local people always raise the chickens without any cages. As a result, every day the chickens are free to roam and wander on the slopes of the hills.

Trade disputes on the rise in Vietnam

 With the growth of merger and acquisition activities in Vietnam, the number of trade disputes in Vietnam is on the rise.

Geographical indication critical for VN produce protection

 Geographical Indication (GI) is vital in the process of building trade names, developing sustainable global markets, and intellectual property protection for Vietnamese produce.

Realizing the benefits of CPTPP

Vietnam's trade benefitting fully from the CPTPP requires the country and its enterprises put the agreement to their advantage and comply with all regulations.

Literature prize needs to promote creativity

 VietNamNet Bridge – Annual prizes by the Viet Nam Literature & Art Association were presented to 65 of its members early this month in Hanoi. The awards review and evaluate the performance of artists over the year.

Tu Lien kumquat village gears up for Year of the Pig

 The village of Tu Lien in Hanoi, which is known for growing ornamental kumquat trees, is putting the finishing touches on its products to prepare for the upcoming Lunar New Year.

HCMC striving to transform into smart city

 The project ‘Transforming Ho Chi Minh City (HCMC) into a smart city in the period 2017 – 2020, with a vision to 2025’ has been formally launched.  

A happier Tet for parents and the inlaws

 VietNamNet Bridge – “Your husband prevented you from Tet holiday at your parents’ house, he must understand that he is breaking the law!” Nguyen Thu Mai was surprised to hear the warning from colleagues.

French woman finds Vietnamese father after 26 years

A French woman has found her Vietnamese father after 26 years of contact loss thanks to social network.

 

Private investors key to develop Vietnam’s energy market

 It is estimated between now and 2030, Vietnam’s electricity sector requires new investments of about US$10 billion annually, higher than the average of US$8 billion for the 2011–2015 period.

Vietnam's exports to CPTPP economies approaching US$37 billion

Vietnam raked in US$36.809 billion from exports to Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member nations in 2018.

Hanoi ranks 3rd most global dynamic real estate city: JLL

 Hanoi is pulling in expanding levels of investment from large multinational technology firms.

Universities attach too little importance to scientific research

As many as 945 research teams have been established at 142 out of 271 surveyed universities, a report has found. However, the number of articles in academic publications remains modest.

Dozens of spring flower markets to be held in Hanoi

 Products on display will be ornamental plants, flowers and fruit trees, some handicraft products of traditional craft villages and products for the Lunar New Year.

Microsoft to support Vietnam in cybersecurity and IT infrastructure development

 Vietnam’s economy is growing at a rapid rate and attracting most of world’s leading IT companies, including Microsoft.

Exploring Nhan Hien craving village

 The talents of carpentry have made the reputation of this village spread throughout the city and nationwide

Some gaur individuals seen in Quang Binh's forest

On January 15, some residents in Quang Binh Province’s Le Thuy District said that they had seen some gaur (Bos gaurus) individuals seeking for food near An Bai and Ha Lec villages.

Transport Minister thanks old man who repairs potholed streets for years

 Transport Minister Nguyen Van The sent a thank-you letter to an old man in the Mekong delta province of An Giang who has diligently repaired potholed streets for years.

Vietnamese enterprises seek ways to enter foreign markets

 In order to approach choosy markets more easily, Vietnamese enterprises have entered foreign markets by merger and acquisition methods, buying factories or stakes of foreign firms in their countries.

Over US$8.3 billion pumped into industrial and economic zones in Vietnam

 Nationwide industrial and economic zones attracted over US$8.3 billion in foreign direct investment in 2018, according to a source from the Ministry of Planning and Investment.

Thai and Indonesian auto suppliers overwhelm Vietnamese market

 Vehicles completely built-up in Thailand and Indonesia held a combined ratio of 89% of the total vehicle imports to Vietnam in 2018, according to Vietnam Customs.

Grab appeals court ruling over compensation to Vinasun

 Ride-hailing firm Grab Vietnam has filed an appeal against the ruling of the HCMC People’s Court ordering it to pay VND4.8 billion (US$207,100) in compensation to Vinasun, an HCMC-based taxi operator.