vietnam latest news

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Co-working spaces taking off in Vietnam

 Co-working spaces remain in the initial stages of development in Vietnam and are concentrated primarily in major cities like Hanoi and Ho Chi Minh City. 

Vietnamese consumers the most socially-conscious in Asia-Pacific

 Vietnamese consumers are the most socially-conscious in Asia-Pacific according to the Corporate Sustainability Report from Nielsen released on April 26.

Vietnam-Laos special solidarity and friendship

 Vietnam-Laos special solidarity and friendship

Mekong Delta faces erosion threat

 The Mekong Delta may lose half of its land to erosion because of rampant sand exploitation.

HCM City expands waste classification at source

 After launching a trial waste classification scheme in districts 1, 3, 5, 6, 12 and Binh Thanh, the HCMC government has announced a plan for further expansion of waste classification at source from 2017 onwards.

Private universities changes radically

After 28 years of formation and development, private schools greatly contributed to meeting learning demand of the society. 

Vietnam becomes China’s largest ASEAN trade partner

Vietnam has become China’s largest trade partner in ASEAN in 2016, and two-way trade would likely reach US$100 billion this year.

Online shoppers use mobile phones more than computers

 There are more people using mobile phones to shop online than those using desktops or tablets, reported Bizweb at a recent mobile e-commerce event.

PM’s visit creates new momentum for Vietnam-Laos special ties

 Prime Minister Nguyen Xuan Phuc’s ongoing visit to Laos from April 26-27 is expected to create a new driving force for the enhancement of traditional friendship, special solidarity and comprehensive cooperation between the two countries. 

“Phieu asked a lot of questions about measures to prevent the state’s secret exposure”

“When seeing us to the entrance gate, Prime Minister Phan Van Khai said: 'Truc, please try to control the internet network wellor we will not be able to explain to the world if we open the internet and then have to close it,"Truc recalled.

Foreigners in VN may have to pay social insurance from 2018

 Foreigners working in Vietnam may be required to pay social insurance under a recent draft decree from the Ministry of Labor, Invalids and Social Affairs (MoLISA).

Google offers support to tourism SMEs

 Smartphone adoption in Vietnam is now at 72 percent and the same as in the US, but a far higher proportion of Vietnamese travelers use smartphones to research hotels and travel than people in the US do.

PJICO now selling shares to foreign strategic investors

 The Petrolimex Joint Stock Insurance Company (PJICO) has begun selling shares to foreign strategic investors, the annual general meeting (AGM) of the Vietnam National Petroleum Group (Petrolimex) on April 25 heard.

Gloria Jean's Coffee leaves Vietnam

 Australia’s Gloria Jean’s Coffee Vietnam has closed its last coffee shop in Ho Chi Minh City, in the Phu My Hung urban area of District 7, after ten years in Vietnam.

Vegetables exports bring in $8.2 million per day

 Export turnover for vegetables has reached $857 million this year up to April 15, an increase of 30 per cent year-on-year and bringing in $8.2 million to Vietnam each day.

Tan Son Nhat Airport expansion may be adjusted

The Civil Aviation Administration of Vietnam has sent a proposal to the Ministry of Transport on adjusting plans to expand Tan Son Nhat Airport, increasing capacity to 43-45 million passengers a year and creating 80-85 aircraft parking slots.

Vietnam Mobile Day 2017 on horizon

 This year’s Vietnam Mobile Day event in Ho Chi Minh City on May 20, in Hanoi on May 27, and in Da Nang on June 3 will cover more than 100 topics in mobile business trends such as mobile e-commerce, mobile business, and mobile technology.

IT manpower facing serious shortfall in quantity and quality

 The information technology (IT) sector is entering a hot growth period. However, Vietnam’s IT human resources are alarmingly lacking both in quantity and quality, as commented by deputy prime minister Vu Duc Dam.

Small banks working to bolster capital sources

 Most banks of small and medium size are mulling over scaling up capital sources to boost their financial strength.

The many tastes of M&A: Game of the giants

 In recent years, mergers and acquisitions (M&A) deals increased tremendously both in number and value. While many enterprises have made great progress after M&A, some unfortunate transactions have left a bitter aftertaste for both sellers and buyers.