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Chinese scale up investments, buy local businesses in Vietnam

As more Chinese expand their businesses in Vietnam, many domestic enterprises have become Chinese partners or have been taken over by Chinese.

NA deputies question EVN power tariff hike

Discussion about the recent power price hike heated up the National Assembly (NA) morning session today.

BUSINESS NEWS 30/5

Vinafood 2 sets aside stellar provisions for fraudulent subsidiaries

 

Project promotes traditional art for next generations

Pham Ngoc, a reporter from Lao Động Cuối Tuần (Weekend Labour) interviews musician Kim Ngoc, director of Đom Đóm — the Hub for Experimental Art & Music, which is helping run the Future of Tradition project on traditional and contemporary art.

Implementing a solid franchise foundation

After rapid expansion, the franchising market in Vietnam is expected to continue upwards over the next few years with its increased involvement in free trade agreements. 

Foreign investors to join restructuring of Vietnamese banking system

Foreign banks have been expressing eagerness to jump on the mergers and acquisitions (M&A) bandwagon in the banking sector.

US ban on Huawei unlikely to affect Vietnam smartphone market: report

US restrictions on Huawei will not likely affect Vietnam’s smartphone market as well as the domestic mobile phone retailers.

Vietnamese scientist makes mycorrhizas from indigenous microorganisms

Using indigenous microorganisms (IM) as input materials, Nguyen Thi Minh from the Vietnam Academy of Agriculture has created biological products to improve soil which have lower cost and equal effectiveness compared with imports.

Vietnam’s trade deficit hits US$1.3 billion

Vietnam’s trade balance sustained an estimated deficit of up to US$1.3 billion during May, leading to the total trade deficit amounting to US$548 million for the year’s first five months.

Solar energy: Heavy discounts for electricity bills

Many people in Ho Chi Minh City are paying very little for their monthly electricity bills in recent times.

Real estate sector advised to reduce dependence on bank credit

The real estate market has slowed in the first months of 2019, which experts attributed to limited bank credit sources for the market.

 

Why foreign retailers withdraw from Vietnam?

Capital withdrawals of foreign retailers in Vietnam have fielded a number of queries on whether the firms had sustained losses or if the local business climate lacked enough incentives.

Vietnam’s best XI ahead of King’s Cup opener

Here is the strongest line-up that Vietnam could field in their upcoming clash against host-nation Thailand in the King’s Cup 2019 .

Vietnam to review localities' child protection services

An inter-ministry task force will review child protection efforts in cities and provinces across the country in June, said Minister of Labour, Invalids and Social Affair Dao Ngoc Dung

Netflix to be accused of tax arrears in Vietnam

Local competitors are complaining about Netflix which they claim is dodging its tax obligation and does not supervise content in line with Vietnamese laws, reported VN Investment Review.

Top Cambodian legislator visits Ha Nam province

President of the Cambodian National Assembly Samdech Heng Samrin and his entourage made a trip to the northern province of Ha Nam on May 29 as part of their on-going official visit to Vietnam.

Vietnam has big chance to win UNSC’s non-permanent seat: senior diplomat

Vietnam has a big opportunity to win a non-permanent seat at the United Nations Security Council for the 2020-2021 term, Ambassador Dang Dinh Quy, head of Vietnam’s permanent mission to the UN, has said.

Costume designed for VN contestant at Miss Universe 2019 stirs debate

An altar dress submission for Vietnam's national costume entry at the Miss Universe 2019 has become a topic for debate.

Six ICT executives join National e-Government Committee working group

The heads of six leading information and communications technology companies will join a working group for the chairman of the National Committee on E-Government.

Private firms in Vietnam encouraged to join credit information market

Private organisations will be encouraged to provide credit information service in Vietnam to improve transparency in the credit information market,...