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Vietnam gears up for tough competition in fourth industrial revolution

 The fourth industrial revolution and digital transformation are bringing sweeping changes to the manufacturing sector and every aspect of socio-economic life around the world. 

Timber companies in Vietnam: seizing the opportunity

 The US-China trade war may bring about a shift in investment flows from Chinese timber firms to Vietnam. Consequently, it is crucial that the Vietnamese wood industry make use of this opportunity to benefit.

PM attends 12th ASEM Summit's opening ceremony

 Prime Minister Nguyen Xuan Phuc attended the opening ceremony of the 12th Asia-Europe Meeting (ASEM) Summit which took place in Brussels, Belgium, on October 18 evening (local time).

HCM City metro line falls behind schedule

 The first metro project in Ho Chi Minh City may not be completed in 2020 as scheduled due to funding problems.

Newborn baby falls to death in Hanoi building

 Police in Hanoi have summoned three people to investigate the death of a newborn baby who was found dead after allegedly falling from the 31st floor of an apartment building in Linh Dam Urban Area.

Government approves sea and islands fund

The government has approved the establishment of a Fund for Vietnam Sea and Islands, aimed at promoting activities of the national sea and islands sovereignty protection.    

Young Vietnamese leaders set sail

As many as 28 Vietnamese young leaders will embark on a 52-day voyage with their regional peers with the Ship for Southeast Asian and Japanese Youth Programme from October 23 to December 13.

State-owned firms pay highest average monthly wages

 Employees at state-owned firms are getting the highest payment according to a new report by the General Statistics Office.

Vietnam concerned over escalating conflict in Gaza Strip

Head of Vietnam’s Mission to the UN, Ambassador Dang Dinh Quy, expressed his profound concern over the complicated situation in the Middle East, especially the escalating conflict and humanitarian crisis in the Gaza Strip.

Shopee becomes top e-commerce player by traffic in Q3

 Shopee has beat Lazada to become the top e-commerce platform by traffic in the third quarter of this year, according to the Map of E-commerce in Viet Nam recently published by Iprice Insight.

Vietnamese player stops in the quarter-finals of world junior tennis champs

 Vietnam’s young talent Nguyen Van Phuong stopped in the quarter-finals of men’s doubles at the World Super Junior Tennis Championships in Japan on Thursday.

Real estate stocks might peak in first half of 2019

 Real estate stocks might peak in the first half of 2019 or even earlier, in the last quarter of this year, experts have forecast.

US trade war with China to strengthen Vietnam’s competitiveness

Vietnam has free trade agreements with Canada, Japan and Mexico (through CPTPP), and plans to sign an FTA with the EU. These will be advantages in the US - China trade war. 

MoIT continues to cut hundred of conditions

 The Ministry of Industry and Trade plans to remove and simplify 202 business conditions under its management, accounting for 36.1 per cent of the total, said Nguyen Anh Son.

Vietnam nation brand is valued at $235 billion

 Brand Finance, the world’s leading independent branded business valuation and strategy consultancy, has valued Viet Nam’s national brand at US$235 billion, a year-on-year increase of 16 per cent.

VN Central Bank adds $1.75 billion to the market in October

 The State Bank of Viet Nam (SBV) injected more than VND41 trillion (US$1.75 billion) into the monetary market in the first half of October to boost the liquidity of the banking system.

VPBank fixes foreign holding to prepare for private placement

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has announced a temporary foreign ownership limit at 22.532 per cent of charter capital to prepare for a private placement.

Vietnam becomes destination for pork imports

VietNamNet Bridge - The pork market has heated up again, with more imports, especially from the US.

EC pushes for approval of FTA with Vietnam

 The European Commission has submitted a free trade agreement with Viet Nam for approval, the first comprehensive open market deal between the EU and a developing Asian country.

Vietnam is the most globalised populous economy

 Viet Nam’s trade as a percentage of gross domestic product (GDP) reached over 200 per cent in 2017, the highest level for any country with over 50 million people in the World Bank’s data set, which goes back to 1960.