TPP

Update news TPP

Vietnam to ease reliance on China, import more from South Korea

VietNamNet Bridge - Analysts have noted signs of a decrease in imports from China, while imports from South Korea rose by 7.9 percent in the first six months of the year.

Vietnamese turn their back on Chinese cars

VietNamNet Bridge - Vietnamese are turning their back on Chinese cars for several reasons, including low quality, design copies and vulnerability.

Complicated procedures in VN drive startups to Singapore

VietNamNet Bridge - More and more Vietnamese firms, especially technology startups, are registering their businesses in Singapore to avoid complicated administrative procedures in Vietnam.

Vietnam's agricultural production growth slows

VietNamNet Bridge - There have been signs of an agricultural growth slowdown in recent years, which experts warned about eight years ago. 

Businesses buy foreign companies in support industries

VietNamNet Bridge - Vietnamese conglomerates are buying foreign companies in support industries to implement their strategy to squeeze into global supply chains.

Problems found in waste water discharge licensing procedures

VietNamNet Bridge - The granting of licenses to Formosa and Lee & Man to discharge waste water appears to have violated the 2015 Environmental Protection Law and the 2013 Water Natural Resources Law.  

Oil fields depleted, exports hit threshold, GDP growth slows

The oil price keeps dropping dramatically, leading to a decrease in Vietnam’s state budget revenue. Meanwhile, other indicators that measure the health of the national economy all show worrying signs.

Agriculture abandoned by Vietnamese entrepreneurs

VietNamNet Bridge - Vietnam has great advantages for agricultural production, but in the last 10 years, domestic enterprises have been focusing on the services sector and abandoning the field.

Vietnamese schoolgirls win scholarships at prestigious universities

VietNamNet Bridge - The world’s leading universities will include talented Vietnamese who will enroll this year. 

Projects of powerful conglomerates incur losses

VietNamNet Bridge - A series of multi-trillion dong investment projects developed by large conglomerates belonging to the Ministry of Industry and Trade (MOIT) have incurred heavy losses.

Vietnam to set up super-committee to manage state assets in SOEs

VietNamNet Bridge - The Committee for managing and supervising state capital and assets will have the function of investing in enterprises and managing the asset portfolio. 

Teachers question very low marks on foreign language exam

In 2015, the average mark students received on high-school finals was ‘abnormally low’. The same phenomenon is happening this year. 

Coc Coc to avoid direct confrontation with Google

VietNamNet Bridge - Coc Coc is well known in Vietnam as a browser on par with the world favorite Chrome. However, its founders initially planned to develop the company as a search engine.

Female student plans project to save Son Doong Cave

VietNamNet Bridge - A female student studying in the U.S. is leading a project to protect Son Doong Cave from work that may affect the local ecosystem.

Vietnamese users disappointed with pilot 4G

VietNamNet Bridge - Contrary to mobile network operators’ commitments, the speed of 4G services provided on a trial basis has been slow, while service fees are high, disappointing the first 4G simcard owners in Hanoi.

Banks’ cross-ownership problems remain unsolved

VietNamNet Bridge - The State Bank of Vietnam (SBV) has decided that banks’ cross-ownership must end by February 2016. However, according to banking experts, the bank network remains ‘as interlaced as a spider’s web’.

Marketing war among breweries breaks out

VietNamNet Bridge - In Vietnam, South East Asia's largest market, brewers spend hundreds of billions of dong to hire promotion girls to serve marketing campaigns.

Maritime transport slides into crisis

VietNamNet Bridge - The record low freight for both inland waterways transport and international routes has caused a crisis among shipping firms, big and small, state-owned and privately run.

China’s proposed nuclear power plant in East Sea raises concerns

VietNamNet Bridge - Scientists say It will be very difficult to ensure safety for a nuclear power plant on the sea and fix problems from radiation leaks.

Formosa's hazardous waste cannot be treated in Ha Tinh province

VietNamNet Bridge - None of the waste treatment plants in Ha Tinh province has technology that is advanced enough to treat hazardous industrial waste, according to the Ha Tinh Department of Natural Resources and Environment.