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State financial reports to be compiled from 2018

 Vietnam will start to compile reports on the State’s assets, debt obligations, capital sources and financial results from 2018 in accordance with the Government’s Decree 25.

Vietnam’s economy too reliant on FDI

Economists have warned that if Vietnam tries to attract as much foreign direct investment (FDI) as possible and is not selective in receiving capital flow, this will have negative consequences to Vietnam’s private enterprises.

A thread of love for Vietnam

VietNamNet Bridge – Artisan Nguyen Van Cong has dedicated his life to preserving the ancient craft of embroidery, and has made a name for himself as a master of painting with thread. 

Picking up pace

Mr. Pham Van Dung, Managing Director of Ford Vietnam, discusses the automaker’s performance and the state of the industry.

Social News 18/3

 Northwestern culture converges at Dien Bien Ban Flower Festival, Registration opens for upcoming Red Cross classes, Hanoians, joyeux International Francophonie Day!, Foreign diplomats join friendship spring tour in Hanoi

BUSINESS IN BRIEF 18/3

 New rules require fish and fishery processors to eCertify, MoIT to lower safeguard duty on imported monosodium glutamate, Vietnam, Thailand hoped to boost ties in electronics industries

Vietnam’s economic reform hopes seen fading over failed TPP

 Hopes for strong economic reforms in Vietnam are fading after the U.S. withdrawal from the Trans-Pacific Partnership (TPP), according to the Vietnam Economic Report 2016 published in Hanoi on March 16.

New express ship to ply HCMC-Vung Tau route

 Green Technology Co. will put into service an express ship plying the route between HCMC and Vung Tau next month after completing construction of the ship this Wednesday, said the company’s leader.

Mobile World to open first store in Cambodia

 Mobile World Investment Corporation (Mobile World) is set to open its first store called BigPhone in Cambodia at the end of this month, said a Mobile World source.

Promotions at beach and hot springs resorts

 Binh Chau Hot Springs and Saigon-Ho Coc Beach Resort managed by Saigon-Binh Chau Tourist JSC have attractive promotions. It takes only two hours to travel from HCMC to the two resorts in Ba Ria-Vung Tau Province.

Ministry threatens to withdraw licences from hydropower projects

 Minister of Industry and Trade, Tran Tuan Anh has vowed to revoke licences of hydro-power projects which violate regulations.

Altered image

 Rebranding from Metro Cash & Carry Vietnam to MM Mega Market Vietnam will require the Thai owner invest in changing perceptions among Vietnamese customers.

Google’s Launchpad Accelerator program an invaluable experience

 Two Vietnamese startups selected to take part in Google’s Launchpad Accelerator program, Haravan and ELSA Speak, have recently completed a two-week boot camp at Google’s dedicated Launchpad Space in San Francisco.

Xiaomi partners with DGW and Lazada in Vietnam

 Xiaomi mobile phones are now being sold in Vietnam via its partnership with local distributor Digiworld (DGW), which also will provide marketing and customer support.

YouTube responds to accusations of toxic content

Google Asia Pacific has recently sent local media YouTube’s official response to the Vietnamese Government’s claims of “toxic” anti-government information being published.

Hanoi ranks 14th in 2016 PCI rankings

 The Capital City of Ha Noi scored over 60 points in PCI rankings for the first time in history in 2016 to rank 14th out of 63 provinces and cities in Viet Nam.

4th Industrial Revolution presents opportunities for business

The Vietnam Chamber of Commerce and Industry (VCCI) held the IoT Open Community for Vietnam (IOCV) conference on March 16, discussing the 4th Industrial Revolution and the status of Vietnam’s business community.

Previous hosts of APEC summits

 APEC has organised 24 summits since 1993.

Honda Vietnam recalls 1,355 cars

 Honda Vietnam is recalling 1,355 cars to repair and replace air bag inflators of models Honda Civic, Honda CR-V and Honda Accord, according to the Vietnam Competition Authority.

Treasury to boost bond market with new lending mechanism

  Trading liquidity of the Government bond market may increase once the State Treasury of Viet Nam is able to buy and sell bonds, a State Securities Commission (SSC) official said.