VCCI

Update news VCCI

VietNamNet Bridge - Vietnamese tire manufacturers now can benefit from a drop in natural rubber prices but they have to compete fiercely with Chinese and Thai colleagues.

What do investors want when buying a stake in an equitized enterprise?

VietNamNet Bridge - Investors are less interestedin enterprises' strong brandsor valuable machines and equipment, but instead large land plots in advantageous positions. 

Money flowing again to private hospitals

VietNamNet Bridge - The total spending on healthcare services by the Vietnamese people accounts for 5.8 percent of GDP, the highest level in ASEAN countries.

‘Locals drink local beer’ viewpoint hinders economic development: experts

VietNamNet Bridge - “Vietnam has 64 independent economies, including 63 local economies and one central economy,” commented Tran Dinh Thien, head of the Vietnam Economics Institute.

Silk market: old brands seek new technologies

VietNamNet Bridge - Vietnamese businesspeople dream of reviving traditional silk weaving, and In order to do this, they need to find suitable modern technologies.

It’s more costly to carry garments to Hai Phong, Vietnam than to Japan

VietNamNet Bridge - Textile & garment companies have to pay many kinds of fees and taxes, including “under-the-table” fees to be able to go faster on rough roads where there are many check points.

Vietnam put high hopes on US cotton bonded warehouse

VietNamNet Bridge - If the US sets up a cotton bonded warehouse in Vietnam, this would benefit the Vietnamese textile industry as it would help cut transport and protection costs.

The teacher who raises flies

VietNamNet Bridge - Ruoi linh den as called by Vietnamese, or Hermetia Illucens, are believed to be useful in treating organic waste.

Banks debts affect people’s pockets

VietNamNet Bridge - Vietnam takes pride in its original way of settling banks’ bad debt, which does not consume the state budget. 

Three students expelled from school for misconduct, parents complain

VietNamNet Bridge - The management board of a secondary school in Thai Binh province has decided to expel three students from the school because they urinated in the "wrong place". 

Vietnamese tycoons compete with big foreign companies

VietNamNet Bridge - In many ‘duels’, it is not the foreign giants with powerful financial capability and experience, but rather the Vietnamese conglomerateswho are the winners.

Mercury found in air in Hanoi

VietNamNet Bridge - Environment data from automatic monitoring equipment shows that Hanoi has bad air quality. The machines have sometimes discovered suspended mercury in the air.

Motorbike manufacturers still raking in the profits

VietNamNet Bridge - Though the Vietnamese motorbike market is becoming saturated, manufacturers still make big profits with 3 million products bought every year.

Food chains get bogged down in Vietnam

VietNamNet Bridge - Despite being backed by powerful financial resources, many food chains cannot achieve satisfactory business in Vietnam. 

More hydropower plants are built in central region despite overabundance

Experts have repeatedly warned about the overabundance of hydropower plants in the central region and Central Highlands which have devastated forests and badly affected people’s lives. However, more hydropower projects are still queuing for licenses.

Fate of key labs remains unclear

VietNamNet Bridge - The Ministry of Science and Technology (MST) said it would propose to not continue investments in national key laboratories if the current management policy does not change.

Vietnam races against the clock to produce teachers of English

VietNamNet Bridge - It is estimated that Vietnam will need 7,770 more teachers of English by 2020 to implement the national program on teaching English, under which third, fourth and fifth graders would have four English sessions a week.

“Vietnam wants to become No 1, but…”

Nguyen Thi Kim Ngan, who took office as the new Chair of the National Assembly, has admitted the failure of the plan on developing Vietnam into an industrialized country which marches towards modernization.

Dung Quat steel super- project: investor resumes interest

VietNamNet Bridge - E-United has unexpectedly expressed its willingness to come back to Vietnam to develop the Guang Lian steel project which it once gave up because of financial problems. 

Primary school students overburdened because of home exercises

VietNamNet Bridge - The Ministry of Education and Training (MOET) has told primary school teachers not to give home exercises to students who have two learning shifts a day. But students still have too many exercises to do.