TPP

Update news TPP

Farmers, retailers join hands to compete with foreign goods

Nearly 250 Vietnamese businesses have decided to work with each other to bring high-quality products to Vietnamese consumers, a move that will help them compete with foreign goods flooding the home market.

Delivery service: who is the fastest?

VietNamNet Bridge - It is estimated that 70-80 million packages need to be delivered in 2016, creating a market large enough for many players.

Technology products remain ‘gold mine’ for retailers

VietNamNet Bridge - Hi-tech products, which are frequently updated and offer new features, remain in high demand, generating big profits. 

HCMC wants to compile textbooks for general education

VietNamNet Bridge - HCMC’s leaders have asked for a special education policy under which educators will compile sets of textbooks to be used by city students.

S4VN aims for transparency of academic environment

Scientometrics for Vietnam, or S4VN, has been measuring and analyzing research achievements gained by domestic university training establishments and providing information for free on www.scientometrics4vn.com. 

Vietnamese people have lost confidence in Chinese contractors

VietNamNet Bridge - Many key projects in Vietnam with big problems in quality were implemented by Chinese contractors.

SCIC sells many businesses, but keeps the most profitable

VietNamNet Bridge - The State Capital Investment Corporation (SCIC) has announced a plan to sell stakes in 120 businesses in 2016. However, the list does not include the names most wanted by investors.

Ministry tells pedagogy schools to merge

VietNamNet Bridge - As only 10 teacher training establishments are under the control of the Ministry of Education and Training (MOET), it is difficult to control the number of teachers being trained. 

MobiFone eyed by foreign investors, former partners

VietNamNet Bridge - Foreign investors have shown strong desire to buy MobiFone’s stakes. The Vietnamese mobile network operator, after a lot of delays, will undergo equitization in 2016.

‘Delayed-action bomb’ in China raises Vietnamese concerns

With the ‘destructive power’ believed to be much bigger than the 2008 crisis, the Chinese financial storm, if it occurs, will be a big threat to Vietnam, which has close economic relations with the world’s second-largest economy, experts say.

Vietnam’s coal remains unsold, while coal imports increase sharply

VietNamNet Bridge - While customs agencies reported a sharp increase in coal imports, the Vietnam Coal and Mineral Industries Group (Vinacomin) reported a high inventory level of 10 million tons.

Waste-sorting, recycling project in Hanoi no longer active

VietNamNet Bridge - The pilot project on sorting domestic waste at source funded by JICA (Japan International Cooperation Agency) has fallen into oblivion years after it kicked off.

Businesses prefer Vietnam-EU FTA over TPP

When comparing Vietnam’s commitments within the Vietnam-EU free trade agreement (EVFTA) and the Trans Pacific Partnership (TPP) Agreement, businesses see bigger benefits in EVFTA, especially in government procurement.

Vietnamese scientists honored in the US

VietNamNet Bridge - Many Vietnamese scientists who live and work in the US have gained great scientific achievements and received international honors.

HCM City vows to stop private tutoring at school

VietNamNet Bridge - The HCM City Party Committee has decided that private tutoring must stop at schools from the 2016-2017 academic year. Private tutoring will only be allowed at foreign language centers and non-school educational establishments. 

Vietnam's richest stock millionaires and their big dreams

VietNamNet Bridge - Many of the richest businessmen in the stock market started at very low starting point. However, they have gained big achievements.

VN Central Bank’s $12 billion worth of US govt bonds not a surprise

VietNamNet Bridge - Indonesia, Thailand and Malaysia, with forex reserves many times bigger than Vietnam’s, only invest 10 percent of reserves on US government bonds. Meanwhile, the proportion is 30 percent for Vietnam.

Secondary school admission has many ‘doors’

VietNamNet Bridge - Secondary schools in Hanoi have publicized their enrolment plans for the 2016-2017 academic year with many requirements that have puzzled parents.

Facing budget deficit, Finance Ministry demands dividend payments from SOEs

VietNamNet Bridge - The State invests in many enterprises as a big shareholder, but it sometimes does not receive dividends from enterprises, even though they make big profits. 

Sand exploitation destroying Red River

VietNamNet Bridge - The Red River, called ‘Song Cai’, meaning ‘major river,’ or ‘Song Me’, meaning 'mother river’ is considered a national ‘treasure’. But pollution and sand exploitation are destroying the river.