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Foreign investors complain about new regulation on used machine imports

The Ministry of Science and Technology’s (MST) Circular 23 on the required quality of used machine imports, which aims to encourage businesses to renovate technologies, turns out to be a barrier to production.

MobiFone sees revenue up 10%

 The MobiFone Telecommunications Corporation targeted total revenue of VND35.8 trillion (US$1.59 billion) in 2016, 10 per cent higher than that of 2015, and a profit of VND5.2 trillion ($231 million).

Vietnam sees more than 31,500 cyber attacks in 2015

 Vietnam suffered more than 31,500 cyber attacks in the past year, according to the Viet Nam Computer Emergency Response Team (VNCert).

Vietnam faces population and reproductive health obstacles

Arising hurdles in birth rate and maternity and children death are hindering Vietnam from fulfilling the national goals of its population and reproductive health strategy as well as the UN millennium development goals.

Confidence about Vietnam’s real estate market restored

VietNamNet Bridge - International experts believe Vietnam and Cambodia are highly desired destination points for real estate investors. There are still many attractive opportunities in emerging markets, despite the economic slowdown worldwide.

Laws take effect in Vietnam in 2016

 The Laws social insurance, citizen identification, civil status, special consumption tax, military service, organization of local governments are among ten laws scheduled to take effect in 2016. Law on Social Insurance (revised)

Info security threats more serious in Vietnam

 Threats to information security are becoming more serious and may be used as a tool against the State to attack important infrastructure, freeze Governmental activities or destroy the economy.

Concerns about ineffective English training

 Local education experts have pointed out widespread failuresin the teaching of English, explaining the currently poor results among Englishlanguage students.

2015: Vietnam’s catfish faces US trade barriers

VietNamNet Bridge - Vietnam’s catfish export industry is experiencing stormy days because of strict rules set by the US, which tries to protect its local catfish production.

10 richest people on Vietnam Stock Exchange in 2015

Vietnam’s only one USD billionaire Pham Nhat Vuong retains the top spot, while Doan Nguyen Duc of Hoang Anh Gia Lai slipped to the third position, giving the second spot to the boss of Hoa Phat Group, Tran Dinh Long.

Freight reduction urgent to improve Vietnamese goods’ competitiveness

 Logistics costs in Vietnam account for 20-25 percent Gross Domestic Product (GDP), which is 10 percent higher than other developing nations in the region, the association said.

Vietnames Kobe beef arrives on market

 Japanese breed raised in central highlands under special conditions sells for a fraction of the price of imported beef.

Nguyen Sy Hien named chairman of football coach council

 Nguyen Sy Hien was appointed chairman of the National Coach Council, according to the Viet Nam Football Federation (VFF).

Masan sells $1.1b of stakes to Singha

Masan Group Corporation (MSN) yesterday announced the signing of a partnership agreement with Thailand's Singha Asia Holding Pte Ltd worth as much as US$1.1 billion.

Vietnam's mobile subscriptions drop

 Vietnam had 120.6 million mobile subscriptions by the end of this year, according to a report from the Viet Nam Telecommunications Authority.

Vietnam to pilot school course

 Forty-five vocational schools around the country will pilot a programme to teach international curricula in 34 vocations to improve the quality of human resources.

Project causes environmental damage to Nha Trang Bay

 Khanh Hoa Province's authorities will inspect accusations that Nha Trang Sao JSC have damaged the environment of Nha Trang Bay through their project.

Some giant companies fail to implement IPO plans in 2015

VietNamNet Bridge - Many businesses, including big conglomerates, failed to implement their IPO (initial public offering) plans in 2015, thus leaving investors disappointed. 

Vietnam Consumer Confidence rises to a new high: ANZ

  ANZ-Roy Morgan Vietnam Consumer Confidence has finished 2015 at 144.8 points, the highest score in Asia for the first time, according to ANZ Research in a press release.

Viewpoints vary about HCM City Special Economic Zone

Some believe that HCM City needs a special economic zone (SEZ) in the southern part of the city which will be in accordance with the city’s sea development strategy.