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VietNamNet Bridge - Economists have called on the government to be cautious when licensing foreign direct investment (FDI) projects, emphasizing that Vietnam should not attract FDI at any cost.
Garment exporters feel heat from regional rivals
VietNamNet Bridge - As orders have moved from Vietnam to Myanmar and Laos, many Vietnamese small- and medium-sized garment companies have had to shut down.
Race for seats at secondary schools begins
VietNamNet Bridge - The competition among students for seats at star secondary schools is expected to be ‘scorching hot’ this year as schools plan to reduce enrollment quotas in an effort to improve education quality.
Thai billionaires pour more money into Vietnam
VietNamNet Bridge - The huge assets worth $40 billion owned by three Thai billionaires will become larger thanks to the market of 90 million Vietnamese.
Ecotourism project could damage national park
VietNamNet Bridge - An ecological & spiritual tourism development project in Bach Ma could damage the national park, experts say.
Old feature phones selling better than iPhones in Vietnam
VietNamNet Bridge - Reports from market survey firms all show that the sales of feature phones have been higher than those for medium- and high-end products.
6.7% GDP growth rate goal may be unattainable: economists
VietNamNet Bridge - Many unfavorable conditions may make the 6.7 percent GDP growth rate target in 2016 unattainable, economists say.
SOEs holding ‘golden land’ sell at high prices
VietNamNet Bridge - A series of state-owned enterprises (SOEs) have been sold at sky-high prices as they hold large land plots in advantageous positions, known as ‘golden land’. However, the sales might make the enterprises less attractive.
Drought, Thai sales of rice inventory pose problems for exporters
VietNamNet Bridge - Though the rice export increased in the first quarter over last year in the same period, rice exporters have been warned about big difficulties ahead.
BPhone, a year later, called ‘dud bomb"
VietNamNet Bridge - BPhone was brought into life in an impressive way, but the smartphone which was hoped to be ‘Vietnamese technological pride’ did not have an impressive performance in the last year.
VNEN documents to be developed into official textbooks
VietNamNet Bridge - The Ministry of Education and Training (MOET) has decided to develop teaching kits under VNEN – the new teaching model for Vietnam – into one of the sets of textbooks to be used for general education reform, commencing from 2018.
Locals on polluted Ba riverside thirsty for clean water
VietNamNet Bridge - The water of the Ba River has turned abnormally green, covered with scum and moss. However, it is still being used by thousands of local households, as it is their only source of water.
3-star hotels become more popular among investors
VietNamNet Bridge - Though competition in the 3-star hotel market segment has increased, many hotels are seeing worse business performance because of increased supply. Developing 3-star hotels remains a very profitable business.
Big M&A deals to be made in 2016
VietNamNet Bridge - Retail is leading the merger and acquisition (M&A) market in the number of M&A deals and value in 2016.
12th graders shun history exams
VietNamNet Bridge - Very few students have chosen history for their high school finals. However, in educators’ eyes, this does not mean Vietnamese students don’t take pride in Vietnamese history.
Startups register businesses in Singapore, why?
VietNamNet Bridge - Many Vietnamese startups are registering their business in Singapore instead of Vietnam.
Domestic technologies not attractive to Vietnamese businesses
VietNamNet Bridge - The State budget every year funnels big money into national scientific research projects, but discoveries by scientists seem to have little significance in the eyes of businesses.
Thai bitumen tycoon takes over 41 plants, Petrolimex under pressure
VietNamNet Bridge - Vietnamese Petrolimex Petrochemistry will be under pressure as TASCO, the Thai bitumen manufacturer, has bought 41 plants in Vietnam and Indonesia from a French manufacturer.
Yen fluctuations cause distress for big Vietnamese conglomerates
VietNamNet Bridge - The recent sharp fluctuations of the Japanese yen have caused losses for Vietnamese enterprises that borrow money in yen.
U.S., Japan, Australia continue fish imports in wake of mass fish deaths
VietNamNet Bridge - Despite mass fish deaths in central Vietnam, fish caught in the area are still being exported to major markets.