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Vietnam’s automation still lags behind other countries: experts

Many projects in the automation sector are on par with the international level, but Vietnam is still lagging far behind other countries in putting them into service, said Le Hoai Quoc, chairman of the HCMC Automation Association.

Inclusive business helps Vietnam keep up with changing market

The United Nations Development Program (UNDP)-supported business model makes both ‘social’ and business sense.

Amended laws need to guarantee foreign investor rights in Vietnam

The guarantee of foreign investors` rights is a key to the investors as regulations had been changed frequently, making it harder for them to invest in Vietnamese assets, according to an expert.

Nearly 400 vehicles transporting farm produce remain stuck at Vietnam-China border gate

Hundreds of trucks carrying fruits are now stuck at the Vietnam-China border gate of Tan Thanh in Lang Son Province.

Real estate loans make up 1/5 of total outstanding loans in Vietnam

The 14.58% growth rate is higher than the average credit growth of the economy.

Vietnam’s government to pay US$16 billion in debts in 2020

The government has set targets for public debts, government debts and foreign debts to ensure they are within the limit and lower than the national financial plan in the 2016 – 2020 period.

Vietnam allocates US$4.7 billion for Phase 1 construction of new mega airport

During the first phase of the construction, the work items include a runway, a passenger terminal with handling capacity up to 25 million people and a cargo terminal for 1.2 million tons of goods annually.

Vietnam’s auto industry needs breakthrough policies to close gap with regional peers

Without the presence of strong policies, Vietnam faces the risk of losing the majority share of domestic car markets to foreign players, said an expert.

Over 80% of executives in Vietnam’s manufacturing businesses seek new jobs

Experienced candidates, aged 40 and over, are expected to have the highest demand for jobs by the end of 2019.

Vietnam should be cautious about environmental impact investment: JICA

Inflows from emerging countries might fail to meet environmental protection requirements.

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 23

Vietnam legislation: ready for integration?

 

Financing for BOT projects in Vietnam on ice

Vietnam has closed its doors to international investors joining the Eastern Cluster of the North-South Expressway initiative, catering to domestic groups only. 

VN among global top 20 growth drivers but unlikely to maintain pace

Vietnam is among the top 20 contributors to global economic growth, according to a Bloomberg analysis of International Monetary Fund (IMF) data.

Swift digital revolution drives Vietnam’s economic growth

Vietnam’s rapid digital transformation demand is building new pathways for businesses. However, in order to translate these into real success stories, numerous obstructions will need to be removed.

Vietnam enjoys growing trade surplus of over US$6.8 billion

Vietnam recorded a trade surplus of over US$6.8 billion between the beginning of the year and October 15 with total import-export turnover reaching over US$403 billion, according to statistics released by the General Department of Vietnam Customs.

Strong growth, but rising bottleneck risks forecast for Vietnam

Fitch Solutions has revised up its real GDP growth forecast for Vietnam to 6.9 per cent in 2019, from 6.5 per cent previously.

Postive changes made to resolve Vietnamese banks' bad debt

The banking sector had made considerable headway into settling bad debt, restructuring credit institutions and developing the banking system two years since the National Assembly issued a resolution on the industry.

 

Investors should take a look at divestment in Vietnam's water sector

Recent reports of contaminated tap water have caused great public concern across Viet Nam, the latest issue for investors in a sector the State is divesting from.

 

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 22

Firms cautioned when exporting pepper to Myanmar