news Vietnam

Update news news Vietnam

Vietnam, Cambodia work to fight illegal timber trading

 Vietnam and Cambodia should intensify cooperation in monitoring their export and import of timber and wood products, thus minimising illegal timber trading at border areas, heard a dialogue held in Ho Chi Minh City on October 22. 

Party chief recommended for NA to vote as State President

Party General Secretary Nguyen Phu Trong has been recommended by the National Assembly Standing Committee for the legislators to vote as State President for the 2016-2021 tenure.

Vietnamese movie “The Tailor” screened in US

 Vietnamese film Co Ba Sai Gon (The Tailor) produced by renowned actress Ngo Thanh Van has been entertaining the audiences at the Regency Theatres Westminster 10 (Goldenwest Westminster) in California, the US.

Vietnam loses to Australia, says goodbye to AFC U19 champs

 Vietnam’s U19 football team were unable to gain a win, losing 1-2 to Australia in the final knockout stage for Group C in the 2018 Asian Football Confederation (AFC) U19 Championship on October 22.

Quang Ninh: First-instance trial begins for Chinese nationals with fake ATM cards

 The People’s Court of Quang Ninh on October 22 began the first-instance trial for four Chinese nationals under the charge of “using a computer network, telecommunications network, or electronic device to appropriate property”.

Tay Ninh authorities bust Cambodia-Vietnam drug trafficking ring

 Authorities in the southwestern border province of Tay Ninh have busted a drug trafficking ring who were transporting 12.2kg of methamphetamine from Cambodia into Vietnam.

Domestic retailers strive to gain competitive edge

 Domestic retailers must work to outline rational business strategies to gain a competitive edge over their foreign rivals, especially as the local retail market has become more attractive than ever to foreign investors.

International hospital in Hanoi left unused for decades

 A $50 million international hospital project in Hanoi has stood incomplete for over two decades.  

Survey: retail and financial firms most eager to hire in Vietnam

 A recent salary survey by Talentnet shows that the retail, banking, and insurance sectors are the most likely to increase their headcount to support business expansions in 2019.

Solution near for tech giant tax limbo

 Applying the highest tax rate on advertisers of Facebook and Google seems to be the Vietnamese government’s latest solution to collect taxes from the technology giant.

PwC releases key findings from Industry 4.0 Vietnam Survey 2018

 In a move to help articulate the perceived impacts of Industry 4.0 as well as highlight the challenges faced by Vietnam, PwC has just released the key findings of its Industry 4.0 Vietnam Survey 2018.

Rail monopoly plans off track

 Vietnam Railways’ plans to surrender its long-established monopoly on the country’s lucrative cargo transport sector are being derailed, leaving foreign investors such as Lotte Group in the lurch until at least 2020.

Landslide changes in phone segment

 As Vietnamese smartphone producers are launching new products and Chinese giants are stepping up their game, Samsung and Apple’s hold on the market seems more fragile than ever before.

South Korean M&A wave rises

 South Korean investors continue to show their enthusiasm for Vietnam through recent major deals with businesses in the country.

Lazada overwhelmed by Shopee and Mobile World

 In the chart of the Map of E-commerce in Vietnam, Lazada has fallen from the first to the third position.

FPT Capital sue HAGL maybe for the seven-year-ago problem

 FPT Capital brings HAGL to court either over its losses from the company's stocks or the chairman reneging on its promise to buy out its holding in HAGL.

VN competitiveness continues to climb

 With efforts to boost economic reforms and grab opportunities afforded by Industry 4.0 ­continuing apace, Vietnam ­is rising ever higher in the World Economic Forum’s rankings.

As prices drop, coffee companies coming back to home market

VietNamNet Bridge - Coffee exporters have been told to exploit the home market as the export price is on the decrease. 

National brand valued at $235 billion

 Brand Finance, the world’s leading independent branded business valuation and strategy consultancy, has valued Vietnam’s national brand at 235 billion USD, a year-on-year increase of 16 percent.

Heritage Space to screen Japanese film “A Page of Madness”

 Heritage Space in Hanoi will screen the 1926 Japanese silent film “Kurutta Ippêji” (A Page of Madness) by Teinosuke Kinugasa on October 25.