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CV9 community football academy debuts

 CV9 community football academy, found by the former captain of the Vietnam national football team Le Cong Vinh, made its debut in Ho Chi Minh City on May 2.

VN Central Bank tops Public Administration Reform Index again

 The State Bank of Vietnam (SBV) topped again among ministries and ministerial-level agencies in the Public Administration Reform Index 2017 (PAR Index 2017) which was announced at a conference in Hanoi on May 2.

VN-Index losses over 21 points after holidays

 Vietnam’s benchmark VN-Index fell 21.18 points to close at 1,029.08 points on May 2 when the stock market reopened following the National Reunification Day and the International Labour Day.

RoK launches consultative body for development projects in Vietnam

The Republic of Korea (RoK) launched a consultative body composed of government and company officials to push major development projects in Vietnam and the United Arab Emirates.

Vietnam aims for 10 tickets to Youth Olympic Games 2018

 Vietnam strives to have 10 tickets to the Youth Olympic Games 2018, said the General Department of Physical Training and Sports on May 2. 

US$92 million worth of G-bonds raised in May 2 auctions

 The State Treasury of Vietnam raised over 2.1 trillion VND (92.08 million USD) via Government bond (G-bond) auctions in the Hanoi Stock Exchange (HNX) on May 2.

Vietnam to auction smuggled cigarettes for export

 Vietnam will auction quality smuggled foreign cigarettes for export on a trial basis as stipulated in the Government’s Decision No.20/2018/QD-TTg.

Vietnam vows to build smart cities despite huge challenges

VietNamNet Bridge - Vietnam targets building at least three smart cities in 2017-2020. But to reach that goal, it needs to have better infrastructure, more money and a more qualified workforce.

Investing M&A Outbound Investment 30 years of FDI

 A number of international logistics groups are focusing on green investment in Vietnam to expand sustainably and cash in on the robust growth of e-commerce.

Investors pour money into preserving medicinal herbs

Tu Mo Rong district in Kon Tum province is famous for ginseng, or hong dang sam, and Codonopsis pilosula, a medicinal herb called "the ginseng of the poor", as it is cheap and effective in disease treatment.

University spin-offs difficult to establish because of outdated thinking

VietNamNet Bridge - While university “spin-offs” occur in developed countries, it remains an unfamiliar concept in Vietnam.

Profit figures mark significant impact of digital transformation

 Companies that embrace digital transformation are up to 26 per cent more profitable than their competitors and enjoy up to 12 per cent higher market valuation, according to a recent survey by ManpowerGroup.

Agribank confirms: only 12 accounts hacked

 Agribank denied the rumours that 400 accounts had been hacked, saying only 12 accounts were affected and three of them have been reimbursed.

Despite huge revenues, Facebook and Google pay tiny tax in Vietnam

 Despite making billions of dollars in revenue, two giant technology brands Facebook and Google only paid miniscule taxes to the Vietnamese government.

Motorbike labelling debated

 A new draft circular proposes that all new motorbikes imported into or manufactured in Vietnam must be stamped with energy certificates such as the ones found on most electronic appliances.

Ambassador Nguyen Hong Thao elected as ILC Vice Chairman

 Vietnamese Ambassador Nguyen Hong Thao has been elected as the Second Vice Chairman of the United Nations International Law Commission (ILC) during the commission’s 70th session in New York, the US.

Hanoi to recover narrow and tiny houses for public use

 Hanoi authorities have ordered a review and possible seizure of super tiny and narrow houses for public use such as gardens.

Experts call for corruption probe into cheap public land transaction

 Several economic experts have raised doubts over possible corruption in the selling of 32 hectares of public land in HCM City.

SMEs’ access to credit: Better, but not enough

 Small- and medium-sized enterprises (SMEs) have been highly conducive to economic development in Vietnam as they significantly contribute to job creation, export promotion, growth generation and poverty reduction. 

IBM promotes new Cloud Private technology in VN

 IBM has begun promoting its new technology, IBM Cloud Private (ICP), in Viet Nam after it was introduced in October 2017 and is now being used by 150 customers worldwide.