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Ministry investigates Uber and Grab acquisition

The Ministry of Industry and Trade announced that they are investigating Grab's buying of Uber's stakes in Vietnam and are working with both companies. 

Firms suffer as Y-generation employees change jobs regularly

VietNamNet Bridge - Millennials, born from 1980 to 1996, are generally well-educated, skilled and confident workers who are often staying at one job for an average of only two to three years.  

Finance Minister to chair investment promotion conference in RoK

 Finance Minister Dinh Tien Dung will chair an investment promotion conference slated for April 16-19 in Seoul, the Republic of Korea (RoK), according to the State Securities Commission.

Vietnam's satellite to enter space in late 2018

 Micro Dragon, a satellite made by Vietnamese engineers, is expected to be launched into space in late 2018, according to the Vietnam National Space Centre (VNSC) under the Vietnam Academy of Science and Technology.

1,400 teachers to lose jobs in Gia Lai

 The authorities of the Central Highland province of Gia Lai plans to terminate the labour contracts of some 1,400 teachers in an effort to comply with the Politburo’s resolution to streamline the contingent of public and civil workers.

Few poor people take up work abroad

 The number of people living in poor districts who have taken up offers to work abroad remains very low.

Vietnamese citizens warned not to travel to Syria

The Consular Department under the Ministry of Foreign Affairs has warned Vietnamese citizens not to travel to Syria or regions in its vicinity until stability is re-established in this Middle East nation.


Vietnam up 10 places in FIFA rankings in April

Vietnam’s national football team continued standing at the top place of the Southeast Asian region, ranking 103rd in the FIFA World Rankings in April, according to the Vietnam Football Federation.

Ignoring protests, Finance Ministry raises environmental tax on petrol products

The Ministry of Finance (MOF) is compiling the amended Environment Protection Tax Law. From July, every liter of petrol will be charged an additional VND1,000 in environmental tax.

Apps scan and collect Facebook user information for sale

VietNamNet Bridge - Telephone numbers, emails and addresses of millions of Vietnamese Facebookers can be bought easily.

State-owned firms’ divestment from banks proceeds slowly

VietNamNet Bridge - As the stock market has bounced back, state-owned corporations are speeding up divestment from banks, but the process has been slower than anticipated. 

Hanoi retail rents up but occupancy down, HCMC both down

 Savills Vietnam releases latest quarterly report on April 11.

Who rules Vietnam’s coffee market?

VietNamNet Bridge - The domestic coffee market in the past was controlled by big players Trung Nguyen, Nestcafe and Vinacafe. But now the competition is stiff, with the presence of many strong brands.

Who stands behind Vietnam's largest cryptocurrency scam?

 Almost all eight of the founders of Modern Tech used to take part in or were leaders of multi-level business companies working with cryptocurrency.

Three key factors to increasing Vietnam's labour productivity

 Increasing investment in training skilled employees, modernising technology and manufacturing lines, and improving the management capacity of CEOs are the three major factors to increasing labour productivity in Vietnam.

2018 to witness 13 typhoons and depressions

 Approximately 12-13 typhoons and tropical depressions are forecast to form on the East Sea area in 2018, with five to six typhoons that will directly affect Vietnam.

Vietnam to spend more money on tourism promotion

VietNamNet Bridge - The Vietnam National Administration of Tourism (VNAT), together with travel firms and hotels, will run two large-scale marketing campaigns in four Chinese and five European cities in April and June. 

HCM City wants its own ‘Silicon Valley’

 Relevant authorities must speed up the pace of study for creating an urban area for innovation, a so-called ‘Silicon Valley’, in HCM City, an international workshop heard on April 12.

VTVCab cancels IPO after few investors bite

The Vietnam Television Cable Corporation (VTVCab) will cancel its initial public offering (IPO) on April 17 as only one investor registered to attend the auction by the end of April 10, 2018.

Referee’s death raises concerns in sport sector

Sports people are normally extremely healthy, yet death can still come for them at any moment, despite warnings and preventive measures, experts warn.