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Vietnam-RoK free trade agreement becomes effective

 The free trade agreement (FTA) between Vietnam and the Republic of Korea (RoK) became effective on December 20, according to the Ministry of Industry and Trade (MOIT)’s press release on December 19.

Vietnam Uber's second-fastest growing market

 Vietnam has become Uber’s fastest growing market globally, excluding China, since it was launched a year ago, the company announced on December 16.

Saving remains a priority among Vietnamese consumers

Saving remains a priority among Vietnamese consumers but many are increasingly keen to buy products and services they like.

Japanese set up factories looking for supply chains, not partners

Many Japanese investors have left China for Vietnam where they believe they can have a more attractive investment environment. However, they have not chosen Vietnamese enterprises for their global supply chains.

More than 106,000 ".vn" domain names developed in 11 months

More than 106,300 new ".vn" domain names were registered in the first 11 months of this year, bringing the total number of ".vn" domain names to 343, 370, a year-on-year increase of 16.4 per cent.

TV stations attempt to provide united front on EPL broadcasting rights

The Vietnam Association of Pay TV (VNpayTV) has just sent a letter to the MP & Silva Company asking for negotiations over the broadcasting rights for English Premier League for the 2016-2019 period with 10 TV stations in Vietnam.

Transport Ministry sells Vinamotor, auto industry’s fate in doubt

Vietnam has never given up its automobile dream, even though it has failed to implement an auto industry strategy in the last two decades.

Long-term thinking needed as oil prices fall

 The Ministry of Finance (MoF) has announced it has prepared plans to cope with the fall in global oil prices but is yet to release any specifics.

Vietnamese enterprises have two years to prepare for FTAs

 Businesses in the agriculture sector, especially breeding, would be most vulnerable to the effects of Free Trade Agreements (FTAs) and Trans-Pacific Partnership (TPP) with bigger partners.

Overview of Vietnam's investment preference policies

A string of investment preference policies on corporate income tax, land lease, finance, export, as well as loss carryforward have been introduced with a view to luring investors to encouraging investment areas and fields.

Hanoi authorities join social networks

 Hanoi People's Committee launched a Facebook page at the beginning of December and said it would establish a presence on other social networks to better promote its policies and connect with the public.

Vietnam’s unique ancient Shan Tuyet tea forest in pictures

 VietNamNet Bridge - Situated at an altitude of nearly 1,400 meters above sea level, Suoi Giang in Van Chan district, Yen Bai province is the home to the oldest tea trees in Vietnam.

HSBC consolidates Vietnam business

 HSBC consolidated all of its business in Vietnam into HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and liquidated the Hongkong and Shanghai Banking Corporation, Hanoi Branch (HBAP Hanoi) on December 16.

Foreign-invested footwear manufacturers show their power

VietNamNet Bridge - Foreign invested enterprises (FIEs) account for less than 25 percent of total number of footwear enterprises, but make up 77 percent of total export value. 

Information Ministry seeks clarity on information security law

Deputy Minister of Information and Communications Nguyen Thanh Hung has sought clarity from the Department of Information Security on the Information Security Law, passed on November 19.

Nguyen Tien Minh enters Mexico Grand Prix quarter-finals

 Top Vietnamese badminton player Nguyen Tien Minh moved into the quarter-finals of the Mexico Grand Prix this morning (December 18).

Vietnam economy starts to thrive: S&P

 Vietnam’s economy has started to thrive while most of Asian economies is slowing economically and moving towards consumer-led growth, the Standards & Poor (S&P) fund said in its recent report.

Non-teacher staff wage not enough

 Non-teaching staff in Vietnamese schools such as librarians, security guards and janitors often find it difficult to get by with their measly pay and work benefits, despite working the same hours as their teaching colleagues.

Investors leave e-commerce quietly

VietNamNet Bridge - Many investors have entered the e-commerce market with strong determination and powerful financial capability, but then later have left quietly.

Fifth Kilo-class submarine heads to Vietnam

 Heavy lift vessel Rolldock Sea, carrying the fifth Kilo submarine that Russia built for Vietnam, has left St. Petersburg for Cam Ranh port in central Vietnam, Sputnik International reported on December 17.