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Vietnam invests $303.5 million abroad in 11 months

 Vietnam registered to invest 303.5 million USD abroad in the first 11 months of this year, plus 55 million USD worth of additional capital for existing overseas projects.

Sales of prepared food sales increase, convenience store chains expand

VietNamNet Bridge - Consumers are spending more money on food and drinks, especially prepared foods, including dairy products, instant noodles and sausages.

Banks warned about risks associated with bond issuance

VietNamNet Bridge - Thirsty for long-term capital, many commercial banks are issuing bonds with attractive interest rates. 

ACV to pour $170mil. into upgrading Cat Bi International Airport

 The Airports Corporation of Viet Nam (ACV) is focusing on accelerating investment in key projects at Cat Bi International Airport (Hai Phong) with a total investment capital of about VND4 trillion (US$170.1 million).

Call to improve admin procedures

 Viet Nam Chamber of Commerce of Industry (VCCI), representing businesses nationwide, on Tuesday urged taxation and customs sectors to further reform administrative procedures.

FDI disbursement up despite a decrease in registered inflow

 The disbursement of foreign direct investment (FDI) posted an increase of 3.1 per cent in January - November over the same period last year to total US$16.5 billion, despite a fall in the registered FDI inflow.

Quang Hai, Van Duc stand out in best player, best goal polls

 Midfielders Quang Hai and Phan Van Duc have made a name for themselves amongst their rivals in the AFF Suzuki Cup’s “Player of the Round” and “Goal of the Round” polls after the final series of the group stage matches concluded on November 25.

Injured Indian sailor treated in Quang Ngai

 An Indian sailor is currently receiving medical treatment from border guards and the military health centre of Ly Son island district of the central province of Quang Ngai.

More drugstore chains join the market

VietNamNet Bridge - Besides brick-and-mortar drugstores, Vietnam also has online stores and smart stores which distribute drugs to clients.

26 stand trial for multi-trillion-VND loss at DongA Bank

 Twenty-six defendants were brought to trial in Ho Chi Minh City on November 27 for their accused involvement in the loss of over 3.6 trillion VND (153.47 million USD) at the DongA Joint Stock Commercial Bank (DAB).

Vietnamese, Cambodian Deputy PMs hold talks

Deputy PM and FM Pham Binh Minh and Deputy PM and Minister for Foreign Affairs of Cambodia Prak Sokhonn renewed the efforts to unceasingly cement and deepen the comprehensive cooperation and friendly neighbourliness between the two countries.

Industry 4.0 to boost Vietnam’s GDP to 16 percent

 The Fourth Industrial Revolution, also known as the Industry 4.0, has the potential to bolster Vietnam’s economic output by a further 28.5-62.1 billion USD, equivalent to the GDP growth of 7-16 percent by 2030.

Vietnam’s auto industry in need of a kick start

To help boost the Vietnamese automobile industry, the country could do with focusing on its policy stability, market expansion, support industry development, and connectivity reinforcement, according to insiders. 

Party Central Committee’s Secretariat disciplines former MPI leader

The Party Central Committee’s Secretariat has decided to give a reprimand to Bui Quang Vinh, former Minister of Planning and Investment, for his responsibility for wrongdoings in Mobifone’s acquisition of 95 percent of AVG shares.

Cabinet drafts resolution on socio-economic development tasks for 2019

 Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on November 27 on the drafting of Resolution No.01 on major tasks and solutions to implement the socio-economic development and State budget estimate for 2019.

AFF Suzuki Cup 2018: Vietnamese team to directly fly to Philippines

 The national flag carrier Vietnam Airlines will take the Vietnamese football team directly to Bacolod city in the Philippines for the first-leg semi-final match of the AFF Suzuki Cup 2018.

Two Vietnamese players listed in AFF Suzuki Cup group stage’s best XI

 Vietnamese midfielder Nguyen Cong Phuong and forward Nguyen Anh Duc have their names listed in Fox Sports Asia’s the best XI of the group stage of the ongoing 2018 ASEAN Football Federation (AFF) Suzuki Cup.

Singaporean group pours $50 mln into online education firm

 Singapore-based Northstar Group has invested 50 million USD in Topica Edtech Group, a technology education company headquartered in Hanoi with more than 1,700 employees.

Vietnam’s competitiveness, business climate falls slightly in world rankings

Vietnam’s fall in World Economic Forum and World Bank rankings of competitiveness and business environment is not surprising, say economists.

Businesses and schools struggle to cooperate in training programs

VietNamNet Bridge - Some businesses and IT schools are cooperating on a voluntary basis or through agreements, but there is no clear policy that would allow them to work together to produce high quality staff.