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Cash payment declines by 2 percent in six years

 Cash as a mode of payment has declined in the country by 2 percent in the past six years, from 14.02 percent in 2010 to the current 12 percent.

Dollar drops as investors await details of Trump's policies

The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President Donald Trump to offer details

Social News 23/1

 Tay Ninh: Cross-border cracker smuggling increases in run-up to Tet, Vietnam peacekeeping centre launches official website, More compensation comes to Formosa incident-hit residents; HCM City supplies clean water to all households

Vietnamese expatriates worldwide celebrate Lunar New Year

Vietnam’s diplomatic agencies around the world have held get-togethers for overseas Vietnamese (OVs) on the threshold of the Lunar New Year (Tet) festival.

Vietnam, Laos enjoy growing ties in 2016

 The traditional friendship, special solidarity and comprehensive cooperation between Vietnam and Laos witnessed significant strides from politics, defense, and security to economics, culture, education and science-technology, a diplomat has said.

Spanish King highlights Vietnam as important partner in Asia-Pacific

 King of Spain Felipe VI has described Vietnam as one of the important and prioritising partners of his country in the Asian-Pacific and Southeast Asian regions.

Vietnam’s activities on islands in East Sea completely normal: diplomat

 Vietnam’s activities on islands and rocks under its management in the East Sea are completely normal, Vietnamese Ambassador to China Dang Minh Khoi told Hong Kong-based Phoenix Television.

Prime Minister back from WEF meeting in Switzerland

PM Nguyen Xuan Phuc arrived in Hanoi on January 21, concluding his visit to Davos, Switzerland to attend the 47th annual meeting of the World Economic Forum (WEF) from January 17-21 at the invitation of WEF President Klaus Schwab. 

First days of Trump era signal America's deepening political divide

 In the blocks surrounding the White House, signs reading "Love Trumps Hate" and "Build Bridges Not Walls" littered the sidewalks on Sunday, the detritus of the Women's March protesting the policies of President Donald Trump.

WEF Davos 2017 brings practical benefits to Vietnam: official

PM Nguyen Xuan Phuc’s participation in the annual meeting of the World Economic Forum in Davos, helped Vietnam access new ideas and development trends in the world serving its building and implementation of national development strategies. 

Congratulations to US President, Vice President

 Vietnamese State and government leaders on January 21 cabled messages of congratulations to the 45th US President Donald Trump and the 48th US Vice President Mike Pence on their inauguration. 

Death toll at Italian hotel hit by avalanche rises to six, 23 still missing

 Italian rescue workers have found the dead body of a man in the wreckage of the hotel in central Italy that was buried in an avalanche last week, the Italian fire service said on Sunday, with 23 people were still missing

How did money breed money in 2016?

The heavy gold price fluctuations in 2016 allowed gold investors to make a profit of 17 percent just within three months, while investments in V-30 securities brought profit of 26 percent.

4.0 industrial revolution to bring major changes to labor market

Vietnam’s cheap labor force will no longer be an advantage in attracting investment as the cost for applying advanced technologies is getting lower. Thus, a large number of Vietnamese workers will be thrown off production lines.

Polluted canals in HCM City emit bad odors, affect residents' lives

HCM City has about 2,000 kilometers of drainage canals, but many are seriously polluted. The pollution comes not only from factories and industrial zones, but also from residents' littering.

Is combining lunar, solar new year festivities a way to reduce waste?

Some scholars, who believe the celebration of both solar and lunar new years is unnecessary as it causes a waste of resources, have suggested merging the two celebrations.

University education lags behind due to poor training quality

VietNamNet Bridge - Universities are focusing on enrolling students in majors which are easy to teach and learn and do not require high investments in facilities and laboratories.

BUSINESS NEWS 22/1

 Mekong Delta region targets 9.4 percent export growth, Reference exchange rate goes down 2 VND, Thai investor to develop solar power project in Quang Ngai, Power tariff likely to keep unchanged this year

FDI to Vietnam to increase, say officials

 Foreign direct investment (FDI) inflow to Viet Nam is expected to increase in 2017, said Do Nhat Hoang, director of the Foreign Investment Agency under the Ministry of Planning and Investment.

Visitors to witness Tet celebration in Old Quarter

 Painting exhibitions and demonstrations of traditional Tết celebrations are among activities being held in celebration of Tết, the Vietnamese Lunar New Year festival, at heritage sites in Hà Nội’s Old Quarter.