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Job fears over automation and AI

 Minister of Industry and Trade Tran Tuan Anh said automation and AI were going to replace workers at factories in the coming ‘fourth’ industrial revolution.

Hanoi: other vehicles could use BRT lanes

 The Hanoi Department of Transport’s Public Transport Management and Operation Centre have just proposed to allow other vehicles to use BRT (Rapid Bus Transit) lanes.

Thousands of workers abandoned by South Korean company

 Thousands of workers at KL Texwell Vina returned to work on February 26 after the Tet holiday to find that the company remained closed and their South Korean managers were still absent.

Vietnam’s shrimp farming industry undergoing reshuffle

VietNamNet Bridge - Hi-tech shrimp farming has become an attractive business for many investors.

Hue builds pedestrian street using rare wood

 The central city of Hue has started construction on a pedestrian street along the Huong River which will be panelled with a kind of a rare and valuable wood in Vietnam.

Hanoi calls for investment on 10 metro lines

 Hanoi’s authorities have submitted a plan to the prime minister calling for USD40bn in ODA investment and proposals on how to implement 10 metro projects.

SBV tells banks to up security after $11m fraud

The State Bank has instructed all banks to improve safety of their money transactions after the Ministry of Public Security issued an international warrant for a fugitive bank executive for allegedly misappropriating nearly US$11 million.

Banks to shuffle leaders in 2018

 Banks are expected to make major changes in the selection of their top personnel for the upcoming term from 2018 to 2023 to meet the Government’s new regulation.

Vincom Retail poised to join ETF portfolios

 Vincom Retail could be added into the investment portfolios of the two major foreign-run exchange traded funds (ETFs) on the Vietnamese securities market: FTSE Vietnam ETF and VNM Vietnam ETF.

Car companies voice concern over Decree 116

 Viet Nam needs to develop its own automobile industry, create favourable import conditions and ensure production for more than 90 million people.

Ministry stalls shadow economy study

 After much debate over the true nature of undocumented market transactions in Viet Nam, otherwise known as the shadow economy, officials have again postponed the release of an accredited study on the matter.

Sugar prices plunge on smuggling

 Sugar prices in domestic market have fallen so sharply that sugar mills and sugarcane farmers in the Cuu Long (Mekong) Delta are facing difficulties.

Executives, officials meet VN trade aides

 Localities and businesses appreciate the efforts made by Vietnamese trade counsellors in helping the country’s businesses boost their exports, and want them to continue providing information in a timely manner.

VN's Dung among three favourite goalies of SEA region

 Vietnamese goalkeeper Bui Tien Dung finished third in the poll of top goalies of the Southeast Asian (SEA) region carried out by foxsportsasia.com.

Vietcombank to sell 10 percent stake to foreign investors

 The Commercial Bank for Foreign Trade of Vietnam (Vietcombank) is planning to sell more than 350 million shares, or a 10 percent stake, to foreign investors in the first half of 2018.

Prices of herbal medicines to be standardised

 The supply, price and use of herbal medicines will be tightened by strengthening policies on quality assessment at medical facilities, Minister of Health Nguyen Thi Kim Tien has stressed. 

President Tran Dai Quang’s India visit to foster multi-faceted cooperation

 The upcoming State visit to India by Vietnam’s President Tran Dai Quang, from March 2-4, is expected to help promote cooperation between the two countries, while deepening ties in national defence and security.

Vietnam attends UN Human Rights Council’s 37th session

Vietnamese Ambassador Duong Chi Dung attended the 37th session of the UN Human Rights Council which opened in Geneva on February 26.

Buddhist Sangha proposes eliminating votive paper burning at pagodas

 The Vietnam Buddhist Sangha (VBS) has sent an official document to its chapters nationwide asking for giving up the practice of burning votive paper offerings at Buddhist worshiping establishments.

PM’s upcoming visit to lift Vietnam-Australian ties: Ambassador

Prime Minister Nguyen Xuan Phuc’s upcoming official visit to Australia in March will set up an important milestone in the relations between the two nations, creating a solid foundation to raise the bilateral ties.