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FDI supports Vietnam climb the global value chain

Vietnam has successfully transformed into a manufacturing-oriented economy,
supported by stronger global value chain (GVC) participation thanks to a rise in foreign direct investment (FDI), especially in the manufacturing industry.

What will VN streamers do after their popularity wanes?

Having become famous thanks to livestreams, some streamers have established their own companies and become entrepreneurs.

Business stories May 31–June 6

People who are worth VND500 trillion are listed among the top 30 richest persons in the US and the top 17 in China, according to Forbes. In Vietnam, such a person would be at the top.

PM wants to reform tax regime to prevent real estate speculation

Prime Minister Pham Minh Chinh has emphasized that the national housing strategy needs to include reasonable social housing development, and the tax regime on land speculators should be adjusted.

FDI inflows remains spotlight of Vietnam's economy

The government has set up an FDI task force to support multinationals and foreign businesses grasping investment opportunities in Vietnam.

Vietnam takes action to clean out ocean environs

By 2030, Vietnam’s fishing and tourism industry will suffer if nothing is done to fight plastic pollution, figures warn.

Vietnamese, Chinese Foreign Ministers hold talks

Vietnamese Minister of Foreign Affairs Bui Thanh Son held talks with Chinese State Councillor and Minister of Foreign Affairs Wang Yi on June 8 

Teacher in HCM City dedicates life to inclusive education for disabled children

Nguyen Thi Phuong Dung, a 55 year-old teacher in HCM City, is pioneering inclusive education for autistic children.

Woman goes from top swimmer to leading triathlon athlete

After conquering the pool as a swimmer and a coach for HCM City and Singapore, Pham Thuy Vi has since become one of the top triathlon athletes in Vietnam.

Russia considers transferring vaccine production technology to Vietnam

Russia is considering transferring technology for the production of Sputnik V COVID-19 vaccine in Vietnam, President of the Russian Federal Council (upper house) Valentina Ivanovna Matvienko has said.

Vietnam faces shortage of cold storage warehouses

The growing tendency of consumers shopping online globally has led to a sharp demand for cold storage warehouses, but investment in cold storage facilities remains modest.

Expanding action to weed out pandemic

The prime minister has ordered a series of sturdy actions to fight against COVID-19 and spur on local production, as people look to the government for protection with the spectre of the pandemic looming yet again.

Record hot weather in North, power shortages could occur

In the most recent heat wave in northern Vietnam, electricity consumption has set "historic peaks".

Vietnam expects to see export growth in rising global demand

Global demand for goods is recovering and this is an opportunity for Vietnam to boost its exports of consumer and industrial products, according to the Ministry of Industry and Trade (MoIT).

US$1.2 billion relief package proposed for Vietnamese workers, businesses

A financial relief package worth nearly VND27,600 billion (US$1.2 billion) to support workers and employers affected by Covid-19 was recently proposed by the Ministry of Labor, Invalids and Social Affairs.

Vietnam a bright spot for foreign investors: experts

Vietnam has been chosen among leading destinations in Southeast Asia by Japanese investors, Nakajima Takeo, Chief Representative of the Japan External Trade Organisation (JETRO) in Hanoi, has said.

Businesses need more effective support amid COVID-19

Like many countries, Vietnam may have to depend on vaccines to achieve herd immunity and be virus-free, but enterprises may not be able to wait. They are in dire need of help and are craving new momentum to return to a “real normal” situation.

Teachers faced strict requirements on certificates in last three months

In February, the Ministry of Education and Training (MOET) released several circulars on teacher appointments and rankings, and necessary certificates. 

VIETNAM BUSINESS NEWS JUNE 8

Vingroup to produce Covid-19 vaccine

 

Living slowly and safely amid pandemic

The COVID-19 pandemic has changed everyone’s way of life and many people have adjusted their and their families’ habits to adapt to the “new normal”.