Growing foreign direct investment (FDI) and a move up the value chain mean Vietnam’s industrial real estate sector has a bright future, according to real estate services provider Savills Vietnam.

 As many as five million workers in Vietnam are at high risk of losing their jobs by 2020 because of the boom in artificial intelligence, which may replace laborers with robots, according to a recent study by ILO.

More foreign retailers have flocked to Vietnam as they believe the market is promising. But many retailers have had to leave because of stiff competition.

 Slow reforms of procedures in Vietnam have forced enterprises to move to other countries to start businesses, and investments in startups remain modest compared with those in regional countries.

 The State Bank of Vietnam has enough resources to stabilize the foreign exchange market, which is under the pressure of change due to several factors. However, it’s not easy to guess the concrete steps it will take. 

 Vietnam National Shipping Lines (Vinalines) is due to sell more than 280 million shares in its initial public offering (IPO) at the Hanoi Stock Exchange (HNX) in early August.

A Vietnamese company has won a bid to export 60,000 tonnes of Japonica brown rice to the Republic of Korea (RoK), defeating competition from rivals of China, Thailand and Australia.

 As a country engaged in the development of the global value chain, Vietnam is likely to be affected by the US-China trade war, stated Minister of Industry and Trade Tran Tuan Anh.

 Visa has found more Vietnamese consumers now prefer cashless and contactless payments to make the process faster.

 New preferential policies have encouraged both local and international firms to invest in renewable energy, according to authorities.

 Information-telecommunication-technology group FPT Corporation (FPT) has acquired 90 percent of the US-based tech advisory firm Intellinet Consulting (Intellinet).

 Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods (FMCG) are the biggest challenges to the sector, according to a new report released by Kantar Worldpanel.

The maritime shipping sector is facing difficulties caused by strong drops in its workforce. 

 The Ministry of Industry and Trade has reported some positive signs in handling 12 major loss-making projects, as some of them have managed to resume operation in the context of no more rescue capital from the State budget.

‘High expectations’ and ‘excessive optimism’ were the phrases used by Huynh The Du, training director of the Fulbright Economics Teaching Programm (FETP), in describing the 10-year crisis cycle.

If GMM is farmed on a large scale, the amount of maize Vietnam needs to import will decrease. However, the GMM cultivated areas remain far below expectations.

VietNamNet Bridge - Two students in Thua Thien - Hue province have invented a firefighting robot remotely controlled with RF waves.

VietNamNet Bridge - Just days after a deadly torrential rain, a terrible spell of hot weather appeared in many localities with the temperature exceeding 40oC.

VietNamNet Bridge - More money has been injected into the e-commerce market, while leading e-commerce firms have expanded.

 The 2019 Lunar New Year holiday will fall on February 4-8, which means it will span nine days including the two weekends, according to a newly approved proposal.