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Domestic retailers strive to gain competitive edge

 Domestic retailers must work to outline rational business strategies to gain a competitive edge over their foreign rivals, especially as the local retail market has become more attractive than ever to foreign investors.

International hospital in Hanoi left unused for decades

 A $50 million international hospital project in Hanoi has stood incomplete for over two decades.  

Public awareness of fire prevention plays key role

 VietNamNet Bridge – The capital city of Hanoi recorded 638 cases of fire over the past nine months, with more than half of them occurring at residents’ private houses, 

Survey: retail and financial firms most eager to hire in Vietnam

 A recent salary survey by Talentnet shows that the retail, banking, and insurance sectors are the most likely to increase their headcount to support business expansions in 2019.

Solution near for tech giant tax limbo

 Applying the highest tax rate on advertisers of Facebook and Google seems to be the Vietnamese government’s latest solution to collect taxes from the technology giant.

PwC releases key findings from Industry 4.0 Vietnam Survey 2018

 In a move to help articulate the perceived impacts of Industry 4.0 as well as highlight the challenges faced by Vietnam, PwC has just released the key findings of its Industry 4.0 Vietnam Survey 2018.

Rail monopoly plans off track

 Vietnam Railways’ plans to surrender its long-established monopoly on the country’s lucrative cargo transport sector are being derailed, leaving foreign investors such as Lotte Group in the lurch until at least 2020.

Landslide changes in phone segment

 As Vietnamese smartphone producers are launching new products and Chinese giants are stepping up their game, Samsung and Apple’s hold on the market seems more fragile than ever before.

South Korean M&A wave rises

 South Korean investors continue to show their enthusiasm for Vietnam through recent major deals with businesses in the country.

Lazada overwhelmed by Shopee and Mobile World

 In the chart of the Map of E-commerce in Vietnam, Lazada has fallen from the first to the third position.

FPT Capital sue HAGL maybe for the seven-year-ago problem

 FPT Capital brings HAGL to court either over its losses from the company's stocks or the chairman reneging on its promise to buy out its holding in HAGL.

VN competitiveness continues to climb

 With efforts to boost economic reforms and grab opportunities afforded by Industry 4.0 ­continuing apace, Vietnam ­is rising ever higher in the World Economic Forum’s rankings.

Floods cause great disruption for children travelling to school

 High water levels during the flood season have divided many areas of the Mekong delta province of Long An. Many routes have been submerged, making it hard for children to get to school. 

As prices drop, coffee companies coming back to home market

VietNamNet Bridge - Coffee exporters have been told to exploit the home market as the export price is on the decrease. 

National brand valued at $235 billion

 Brand Finance, the world’s leading independent branded business valuation and strategy consultancy, has valued Vietnam’s national brand at 235 billion USD, a year-on-year increase of 16 percent.

Tam Thanh pagoda – sacred oasis amid bustling city

 Tam Thanh pagoda is a must-see destination for tourists visiting the northeastern mountainous province of Lang Son. 

Social News 22/10

Challenge calls for solutions improving skills, training for youth, Four bridges along National Highway 1 to be expanded, Consular Club of HCMC to host 25th International Charity Bazaar


Heritage Space to screen Japanese film “A Page of Madness”

 Heritage Space in Hanoi will screen the 1926 Japanese silent film “Kurutta Ippêji” (A Page of Madness) by Teinosuke Kinugasa on October 25.

Several bus routes discontinued due to losses

 Some enterprises and transport cooperatives in HCMC have decided to discontinue several ineffective bus routes due to heavy losses. 

Renovation of national highways to cost VND300 trillion over 10 years

 National highways across the country will need an estimated VND300 trillion (US$12.8 billion) in funding for renovation works over the next 10 years, stated Nguyen Van Huyen, head of the Directorate for Roads of Vietnam.