TPP

Update news TPP

Vietnamese motorbike market becoming saturated

VietNamNet Bridge - The motorbike consumption level in Vietnam remains the highest in the world, but it has been falling in recent years. 

PhDs leave research institute because of starvation wages

VietNamNet Bridge - Many researchers with doctorates last year left the Biotechnology Institute of the Vietnam Science & Technology Academy because they could not live on the monthly wage of VND3 million.

Tycoons spend billions of dong to acquire foreign firms

VietNamNet Bridge - Vietnamese tycoons are now rich enough to take over foreign firms, using them as a jumping board to conquer the international market.

VN basic sciences rank among the top countries in region: Sci-tech Ministry

VietNamNet Bridge  - The Ministry of Science & Technology has reaffirmed the importance of basic sciences amid the community’s decreased interest in the role of the sciences. 

Polluting investment projects ‘slip through net’ as regulations remain unclear

VietNamNet Bridge - No legal document specifying which technologies can or cannot not be imported to Vietnam exists. This ambiguity has hindered Vietnam from ‘filtering’ projects that could cause pollution. 

How are US fast-food chains doing in Vietnam?

VietNamNet Bridge - The Vietnamese market with its limited number of consumers accustomed to western food, has still been able to attract fast food giants from the US.

Taxation agency ready to collect tax from Big C transfer deal

VietNamNet Bridge - Though the taxation agency has not received official reports about the Big C Vietnam transfer deal from involved parties, it is ready to work with the parties on collecting the tax. 

When did Thai companies begin entering the Vietnamese market?

VietNamNet Bridge - The phrase ‘Thai wave’ has been used recently as a series of Thai billionaires have announced the acquisition of retail chains in Vietnam. 

16 companies enter e-payment service market

VietNamNet Bridge - Investors can see great promise and high growth in the e-payment service market, though it now makes up only 5 percent of the total $4 billion worth of e-commerce.

How many books do Vietnamese read each month?

VietNamNet Bridge - Vietnamese read an average of four books a year, including 2.8 textbooks and 1.2 books of other different kinds, according to the Center for Vietnam and South East Asia Studies.

Mekong River Delta faces risks of landslides

VietNamNet Bridge - As heavy rains have helped end the long drought in the Mekong River Delta, the delta’s people are facing a new danger – landslides.

Foreign retailers expand business, meet few barriers in Vietnam

VietNamNet Bridge - Foreign retail chains have been expanding their networks under the cover of domestic retailers.

Airlines order many aircraft, ACV concerned about infrastructure burden

Air carriers have rushed to buy airplanes to expand their fleets, a reflection of the high growth rate of the Vietnamese aviation market, but this flurry of purchases has raised worries about overloading infrastructure.

General schools rush to apply bilingual textbooks

VietNamNet Bridge - Forty education departments have registered to buy bilingual (Vietnamese & English) textbooks to use at local schools.

What’s behind Ministry’s decision to rename Red River exploitation plan?

VietNamNet Bridge - Experts believe that Vietnam needs to set up a national committee on Red River exploitation to be in charge of making decisions on issues related to water source security.

Businesses with turnover under $25 million can't access loans

VietNamNet Bridge - Small and medium enterprises (SMEs) find it difficult to get capital from the stock market or banks. They have to pay more for capital costs, because they are not priority subjects in capital contribution.

Vietnam financial market: playing field for US institutions

VietNamNet Bridge - Many US financial institutions, from banks, auditing firms to investment funds and real estate firms, are present in Vietnam. However, insurance companies are the best-known names.

Wages for Vietnamese IT engineers: high or low?

VietNamNet Bridge - An IT engineer with three years of experience can receive monthly pay of VND8-10 million, according to Lam Nguyen Hai Long, director of the Quang Trung Software Park (QTSC) in HCM City.

The different fates of enterprises after M&A deals

VietNamNet Bridge - Some businesses have regained their strength after merger and acquisition (M&A) deals because foreign capital was pumped into the companies in a timely manner. Meanwhile, many others still are experiencing tough days.

CAAV considers building Noi Bai 2 Airport in Hanoi

VietNamNet Bridge - The Civil Aviation Authority of Vietnam (CAAV) thinks a second Noi Bai airport is necessary, but aviation experts disagree.