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Vietnam’s liberalization efforts lead to booming tourism industry

Tourism is likely to become Vietnam’s new growth pillar, increasing its contribution to the service sector and overall GDP.

Will the Mekong Delta sink by 2100?

The Mekong Delta loses 300 hectares of land each year because of river and coastline erosion, according to the Ministry of Agriculture and Rural Development (MARD).

Foreign investors net purchase US$388 million of Vietnam shares

The ongoing revision of Vietnam’s securities law is expected to remove restriction for foreign ownership limit at local companies.

 

Rising labor costs erode Vietnam’s appeal to foreign investors

As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.

 

Artisan Nguyen Ngoc Trong, a golden hand in metal inlaying craft

Nguyen Ngoc Trong is known as the best artisan of metal inlaying craft. He is one of only 4 artisans practicing this craft of the capital city of Hanoi.

 

Photo exhibition ‘Save our seas’: Only action brings changes!

Vietnam is listed among the five worst polluters of ocean plastic waste, discharging between 280,000 and 730,000 tons of plastic waste every year into the ocean, according to the United Nations. 

M&A gateway to firms’ growth and expansion

More Vietnamese companies are turning to­ mergers and acquisitions to beef up their domestic market presence and boost growth.

 

Climate-smart business investment potential in Vietnam estimated at US$753 billion

There is a growing need for innovative solutions that open up opportunities for private investment into economically, socially and environmentally sustainable projects in Vietnam.

 

New policies push foreign investors’ interest in Vietnamese road sector

The country plans to need about US$480 billion for infrastructure investment by 2020, with additional projects in the pipeline including about 1,380 km of highway and around eleven power plants.

 

Long summer break leaves parents looking for daycare

Students have a long three-month summer holiday, but many parents still don’t have a place where they can leave their children while they are at work.

Does Huawei have a chance to grasp share in Vietnam’s 5G deployment?

Three major mobile carriers in Vietnam have recently announced information of cooperation plans with foreign partners in the roadmap of 5G implementation but no one has mentioned Huawei.

 

VN residential market derives from bright economic outlook, golden demographics

With ASEAN’s third largest population of over 94 million people yet the region’s lowest urbanisation ratio of 36 per cent in 2018, Vietnam and its property market have the potential to surpass regional peers.

Investors benefit from Vietnam’s new planning law

The new policies will simplify procedures, explaining that instead of 95 laws and ordinances, investors only have to relate to two legal documents regulating planning.

Vietnam's cement industry needs big “players” for high efficiency

The cement industry needs capable investors and large-scale producers to navigate eco-friendly and high efficiency production and generate quality products at lower costs, said Vietnam Cement Association chairman Nguyen Van Cung.

 

Experts suggest Hanoi clean dying river with Red river’s water

It is worth pondering the dissolution of To Lich water with the Red river’s water because the To Lich river is facing the risk of becoming a dead river when it received little amount of water in the dry season.

 

Blood donors needed to save more lives in Vietnam

Although emergency blood donations in remote, border and island areas have been launched in recent years, they are yet to meet the needs of urgent cases.

Huawei’s plunge unlikely to affect Vietnam’s smartphone market

Huawei holds only a small share in Vietnam’s market, approximately 4%, equal to VND2.7 trillion (US$113 million) in 2018.

Vietnam’s Eastern North-South expressway set for kick-start next April

The Eastern North-South expressway project includes 11 sub-projects with total length of 654km running through 13 provinces, of which three will be financed by state budget and eight under the PPP and BOT financing.

 

Water shortage is threatening throughout Vietnam: Minister

Vietnam`s population growth and rapid economic development drive up its people`s demand for water, which puts water resource at risk of being depleted, posing a big threat to sustainable development.

 

Australia, Vietnam issue new report on digital transformation roadmap

Risks and challenges must be identified during the digital transformation era to ensure that Viet Nam continues to grow and be prosperous, a new report has said.