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Southernmost province uses new material to build dykes

 The southernmost province of Ca Mau is using pre-fabricated barriers made of non-metallic reinforced concrete to prevent landslides and coastal erosion.

European firms remain optimistic about business situation in Vietnam

 European companies have shown their optimism about their business activities in Vietnam in both the third and fourth quarters.

Vietnam’s defence industry on show at regional expo

 Vietnam is showcasing the latest achievements of its defence industry at the 8th Indonesia Defence Expo & Forum 2018 (INDODEFENCE 2018) which opened in Jakarta on November 7. 

Firms struggle to find senior Vietnamese executives

 The country’s shift towards a globalised economy will be driven by the strength of its workforce, according to company Michael Page Vietnam specialising in search for professionals at middle management to leadership levels.

Non Nuoc Cao Bang Geopark to receive UNESCO status

 A ceremony will be held on November 24 in Cao Bang city to receive a certificate from UNESCO recognising Non Nuoc Cao Bang Geopark the northern border province of Cao Bang as a global geopark by the UNESCO.

Vietnam's waterway transport needs investment

 A lack of investment in inland waterways has stunted the development of water-borne shipping and made Vietnam’s logistics sector heavily dependent on more expensive road transport.

High logistics costs hinder Vietnam’s economic growth

 Logistics costs amount to 20.9 percent of Vietnam’s gross domestic product (GDP), impeding the country’s competitive edge, according to experts.

Vietnam warned against being ‘transit point’ for Chinese garments to go to US

Vietnam may become a place for Chinese goods to transit before going to the US.

Air business novice Bamboo Airways yet to receive license to take off

 In June, Bamboo Airways announced it signed a deal worth US$5.6 billion to acquire 20 Dreamliner commercial jets from Boeing after the airlines inked a similar deal costing US$3 billion with Airbus.

Foreign funds want law changes to further invest in Vietnam

 According to the funds, though the FOL is raised to 100 percent under Decree No.60/2015/ND-CP, it still prevents foreign investors from pouring funds into the conditional business lines.

Foreign realty brokerage companies target Vietnamese market

 The presence of foreign brokers, who have good experience and financial status, has forced local brokers to improve their services for survival.

USD/VND exchange rate remains stable in face of Chinese yuan's slide

 The State Bank of Vietnam (SBV)’s timely intervention has been key to stabilize the VND in the context of global uncertainties.

Vietnam, Malaysia have advantages in AFF Cup’s Group A: ESPN

 Vietnam and Malaysia are deemed the favourites for the next stage in Group A of the ASEAN Football Federation (AFF) Suzuki Cup 2018, reported the ESPN sport website.

NA deputies concerned over domestic firms’ capacity to utilize CPTPP

Despite the obvious benefits of the CPTPP, National Assembly deputies, at a discussion session on November 5, expressed their concerns over the ability of local enterprises to take advantage of opportunities ushered in by the pact.

Flight of owners of FDI firms repeated in Vietnam

 Many owners of foreign direct investment (FDI) firms continue to flee the country, leaving behind large debts owed to domestic banks and firms and other obligations, Tuoi Tre Online newspaper reported.

Electrician exempt from hefty fine for illegally exchanging U.S. dollars

A senior leader in Can Tho has assigned local agencies to quickly complete procedures to exempt Nguyen Ca Re, an electrician, from a hefty fine of VND90 million (US$3,860), after taking into consideration his economic hardship.

Decree against transfer pricing of foreign multinationals hurts local firms

 Major Vietnamese corporations said that the regulation has discouraged them from investing.

E-commerce golden pass for logistics

 The strong growth of the e-commerce sector has been turning Vietnam into a major magnet for investment in the capital-thirsty logistics industry.

Businesses spend one month and ten days on tax and insurance

Paying taxes and resolving insolvency have seen little improvement much over the five years of implementing Resolution 19.

Foreign staff increase forces insurance change

 A new decree with social ­insurance regulations in ­Vietnam stipulating that ­foreign employees are subject to pay compulsory ­social insurance from December 1 have prompted foreign employers to look for ways to adjust to the new decree.