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Governance management of Vietnamese enterprises is still low: experts

The management level of large enterprises in Vietnam is still very low, compared with countries such as Singapore, Philippines, Malaysia, Indonesia, Thailand, according to experts.

Vietnam likely to decouple from difficult global economic conditions: VinaCapital

Vietnam’s strong domestic-driven economic growth coupled with the strong resolve of its policy makers to maintain a stable economy will make the country an “economic safe haven” among emerging markets,

Temporary halt on appraisal, approval for offshore wind power project surveying

Investors should wait until a resolution about wind measurement, monitoring and geological and topographical surveys is issued.

Indonesia rises to become largest supplier of cars to Vietnam

Indonesia overtook Thailand as it grew to become the largest auto supplier to the Vietnamese market in September, according to data given by the General Department of Vietnam Customs.

CMC Telecom & Uniphore reveal solution to AI-based automated call centers

CMC Telecom and Uniphore have jointly organized a seminar for Vietnamese businesses on "Automation of conversation with AI solutions" in HCM City.

Hoi An submerged in flood water, foreign tourists evacuate by boat

This morning, October 11, the ancient city of Hoi An was over 2m inundated. Many tourists had to check out of hotels and rented boats to leave the city.

Vietnam International Digital Week kicks off

Vietnam International Digital Week opened in Hanoi on October 11, with the theme of “Global Partnership for the suitable digital future.”

HCM City has new vice chairman

Bui Xuan Cuong, head of the HCMC Management Authority for Urban Railways (MAUR), has been elected as vice chairman of the HCMC People’s Committee.

Lightning strike punches a hole in Vietnam Airlines fuselage

Lightning struck a Vietnam Airlines plane parked at Tan Son Nhat International Airport in Ho Chi Minh City on the evening of October 10, blasting a hole in its fuselage.

Day of Vietnamese Baguette to be observed on March 24

March 24 is expected to be observed as the Day of Banh Mi (Baguette) in honour of the Vietnamese cuisine both at home and abroad.

Vietnamese citizens now tour Japan without travel restrictions

After almost three years of disruption Japan is fully reopening its borders to foreign tourists and other arrivals as of October 11, providing a chance for many international travelers, including those from Vietnam.

Vietnam spends over US$6.8 billion importing petroleum over nine months

The past nine months of the year saw Vietnam import over 6.5 million tonnes of petroleum worth US$6.833 billion, up 22.7% in volume and 131.8% in value year on year, according to the General Department of Vietnam Customs.

Ly Hoang Nam ups in ATP rankings, claims top position in SEA

Vietnamese tennis player Ly Hoang Nam has jumped 11 notches in the world ranking of the Association of Tennis Professionals (ATP) finishing in 259th position, ATP announced on October 10.

VIETNAM NEWS HEADLINES OCTOBER 11

Heavy rain likely to flood central Vietnam

Businesses rush to buy back bonds before maturity

After cancellation of bonds issued by Tan Hoang Minh and the issuance of a new decree on bond market management, businesses have been rushing to buy back bonds before they become mature.

Historical sites that witnessed fight to protect and liberate Hanoi

As time passes, changes have been seen at the historical sites that witnessed the heroic battle of Hanoi's army and people to defend the capital, as well as the happy moment when the victorious army marched into Hanoi.

Industrial land market heats up

According to statistics, Vietnam has 406 industrial zones (IZs), including 37 located inside and 361 IZs located outside economic zones, with eight located inside border gate economic zones.

VIETNAM BUSINESS NEWS OCTOBER 11

Retail petroleum prices rise after four consecutive decreases

Vietnam yet to license any domestically-made Covid-19 vaccine

Vietnam has not yet licensed any domestically-produced Covid-19 vaccine, even though the country evaluated as having potential for Covid-19 vaccine production is the third country in the world to successfully culture and isolate the virus.

Oversupply of hotels and resorts persists on the coast

The increase in supply of resort real estate in the next three years is estimated to be 20% per year, but demand may not recover in time.