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PM urges action to hit development objectives

Prime Minister Nguyen Xuan Phuc has urged ministers, particularly newly-appointed ones, to prepare action plans that improve their management to fulfill socio-economic development targets.

Experts urge strict enforcement of environmental standards on FDI projects

VietNamNet Bridge - The government must tighten environmental management in order to avoid environmental disasters, experts have urged.

The unseen part of $7 billion Nokia-Microsoft deal

VietNamNet Bridge - Microsoft on May 18 unexpectedly announced the sale of a mobile phone manufacturing division to Taiwanese and Finnish partners. The factory in Bac Ninh province, Vietnam was included in the deal.

Knowing your customers is key

 Foreign business leaders these days often used the word “awesome” when talking about the outlook for Vietnam’s economy.

Will iPhones be made in VN after Foxconn takeover of Microsoft Mobile Vietnam?

“We now can hope the production of iPhone products will occur in Vietnam in the future, now that Vietnam makes Samsung phones,” said Vu Duc Quyet, director of the Bac Ninh provincial Industry and Trade Department.


Age to start learning English still debated

VietNamNet Bridge - Vietnamese parents are receiving conflicting advice about when they should enroll their children in English classes.

Is there a high-end apartment oversupply in HCM City?

The reports about the real estate market in the first quarter of the year released by consultancy firms all show a sharp increase in the supply of high-end apartments in HCMC. This has raised concerns about oversupply in the near future.

Newly-registered firms soar in first five months

Vietnam registered 44,740 new enterprises with total capital of VND349 trillion ($15.6 billion) in the first five months of this year, an increase of 24.1 per cent in number and 59.3 per cent in capital against the same period of 2015.

Airlines in Vietnam struggling to stay aloft

 Vietnam air carriers are seeing strong passenger growth, but its airlines are struggling to scrape out profits, squeezed by overexpansion.

Chinese enterprise may set up aircraft repair workshop in Vietnam

Taikoo Spirit Aero Systems Composite (China) - one of the world's leading aircraft maintenance and repair services - is planning to build factories in ASEAN member countries, including Vietnam, according to the Vientiane Times.

Urbanisation boosts demand for real estate

 Rising demand in Viet Nam's residential segment is expected to sustain solid growth in the construction industry, though delays to accompanying infrastructure projects and tighter credit conditions could slow the pace of development.

Civil servants base salary up 5%

 The monthly base salary for civil servants, public employees and those working in the armed forces has been officially stipulated to go up by 5 per cent to VNĐ1.21 million (nearly US$54), following a newly-signed Government decree.

Provincial people’s councils announced

 More than two third of the total 63 localities nationwide have announced the results of elections to the people’s councils at provincial levels for the 2016-21 term just a week after the five-yearly general election last Sunday.

Australian naval warship visits Vietnam

 The Royal Australian Navy warship, HMAS Anzac, with a crew of 215 officers and sailors on board, arrived in Ho Chi Minh City on May 30, beginning its visit to Vietnam.

Prime Minister’s Japan trip a success: Deputy FM

 Vietnam’s attendance at the expanded G7 Summit reflects Japan’s and other G7 countries’ acknowledgement of the position the Southeast Asian nation holds in the world arena, said Deputy Foreign Minister Bui Thanh Son.

Can anyone hold a candle to Walmart if it enters Vietnam?

VietNamNet Bridge - If it enters Vietnam, Walmart will compete with Big C and other big foreign retail chains, and will be a formidable rival to Vietnamese retailers, analysts say.

Quinn award for lifetime achievement to Nick Ut

 Quinn Award for Lifetime Achievement will be bestowed on legendary Pulitzer Prize winning photojournalist Nick Ut, according to the Los Angeles Press Club.

Boeing to continue investing in Vietnam: Official

A Boeing official said the American airplane manufacture is committed to continued investment in Vietnam in the time to come.

Vietnam to attend UN’s high-level meeting on ending AIDS

 Vietnam will attend the UN General Assembly High-Level Meeting on Ending AIDS, in June in the US.

Moody's: BIDV most exposed to HAGL troubles

The Bank for Investment and Development of Vietnam (BIDV) appeared to be the most impacted by the restructuring plan for the debt-ridden Hoang Anh Gia Lai (HAGL), credit ratings agency Moody’s has said.