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VN Central Bank should offer failing banks to foreign investors

 The vigorous restructuring of “zero VND” banks whose capital is believed to have fallen far below the minimum requirement of VND3 trillion ($140.6 million) is the main goal of the banking system this year. 

Scientists improve Vietnam’s coffee with enzyme technology

VietNamNet Bridge - Dry processed coffee has low quality, but wet processing needs a large volume of water, causing pollution. What is the solution? 

Vietnam not prepared for retail market expansion

Vietnam should not try to restrict foreign retailers’ expansion, but instead support Vietnamese retailers by creating a level playing field, experts have said. 

Human resources to drive industry 4.0

 Human resources will be a key driver in manufacturing companies becoming Industry 4.0* players, experts said at a press conference held in the capital city on Thursday.

Nearly 7,700 cyber attack into VN websites in Q1

 The Viet Nam Computer Emergency Response Team (VNCERT) under the Ministry of Information and Communications reported nearly 7,700 cyber attacks into Vietnamese websites over the past three months.

Yamaha recalls sports bikes in Vietnam

 Two-wheel major Yamaha Motor Viet Nam is recalling 888 Yamaha YZF-R3s, a supersport motorcycle manufactured by Yamaha since 2015.

Man held in Lang Son with kilos of heroin

 Police from the northern mountainous province of Lang Son on Wednesday said they have arrested a man near Hoang Dong Commune for illegally transporting 73 cakes of heroin.

VN imposes anti-dumping duties on steel from China

 The Ministry of Industry and Trade (MoIT) on Tuesday issued a decree imposing temporary anti-dumping duties on H-shaped steel products imported from China.

Massive blaze destroys Taiwanese garment factory in Can Tho; fire in Saigon street

 Firefighters late Thursday afternoon were still battling a huge fire that broke out hours before at a Taiwanese garment factory in the Mekong Delta city of Can Tho.

WIPO pledges to help Vietnam boost IP right enforcement

 The World Intellectual Property Organisation (WIPO) is committed to supporting Vietnam in implementing IP–related activities, WIPO Director General Francis Gurry told the National Office of Intellectual Property (NOIP) on March 23.

5.5 million rural labourers to access vocational training by 2020

 The Ministry of Agriculture and Rural Development (MARD) aims to give vocational training to 5.5 million rural labourers in the 2016-2020 period, with 1.4 million to be trained in agriculture and the remaining in other occupations.

HCM City leader seeks Israel’s support for start-up incubators

 Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong has sought support for developing start-up incubators from Israel, which is viewed as the start-up nation. 

Vietnam condemns terror attacks

 Vietnam offered its deepest sympathy with the British Government, people and families of victims in the March 22 terror attack and strongly condemned terror attacks in any form.

Prime Ministers of Vietnam, Singapore look to foster strategic trust

 Prime Minister Nguyen Xuan Phuc and visiting Singaporean Prime Minister Lee Hsien Loong have agreed to foster strategic trust, promote cooperation in integration and further deepen the strategic partnership between the two countries.

VN President, Party Chief and NA Chair host Singaporean PM

 National Assembly Chairwoman Nguyen Thi Kim Ngan has expressed her delight at the robust and effective development of bilateral ties with Singapore via the Party, State, National Assembly and government channels over the past years. 

Vietnam wants WB’s continued support in implementing SDGs

 National Assembly Chairwoman Nguyen Thi Kim Ngan said she hopes that the World Bank continues to assist Vietnam in implementing sustainable development goals (SDGs) during her reception for the bank’s Chief Executive Officer Kristanlina Georgieva.

Vietnam, Cuba sign 2017-2019 defence cooperation plan

Vietnamese Defence Minister, Gen. Ngo Xuan Lich and Minister of Cuban Revolutionary Armed Forces, Sen. Lieut. Gen Leopoldo Cintra Frias signed a 2017-2019 cooperation plan following their talks held in Hanoi on March 23. 

HCM City to eliminate unqualified investors of underground parking lots

 Investors with insufficient financial ability must be eliminated to call on others for underground parking lots, said chairman of the HCMC People’s Committee Nguyen Thanh Phong on Wednesday.

From far and wide

Vietnam’s position as the leading global producer of cashew nuts hasn’t escaped the attention of foreign investors.

Japanese, Thai and Chinese investors dominating Vietnamese retail market

 Foreign investors are vigorously expanding in Vietnam, leading to domination by investors from Japan, Thailand, and China.