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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.
VietNamNet Bridge - It is estimated that 70-80 million packages need to be delivered in 2016, creating a market large enough for many players.
VietNamNet Bridge - Hi-tech products, which are frequently updated and offer new features, remain in high demand, generating big profits.
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.
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.
VietNamNet Bridge - Many key projects in Vietnam with big problems in quality were implemented by Chinese contractors.
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.
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.
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.
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.
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.
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.
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.
VietNamNet Bridge - Many Vietnamese scientists who live and work in the US have gained great scientific achievements and received international honors.
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.
VietNamNet Bridge - Many of the richest businessmen in the stock market started at very low starting point. However, they have gained big achievements.
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.
VietNamNet Bridge - Secondary schools in Hanoi have publicized their enrolment plans for the 2016-2017 academic year with many requirements that have puzzled parents.
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.
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.