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Asia’s newest tiger clawing its way up

 Tim Harcourt, a JW Nevile Fellow in Economics at UNSW Sydney and former chief economist of Austrade, said that Vietnam’s economy is surging, on track to become the newest tiger in Asia.

Invest Japan Seminar 2017 on horizon

The Japan External Trade Organization and the Foreign Investment Agency at the Ministry of Planning and Investment will organize the “Invest Japan” seminar in Ho Chi Minh City on December 19.

Vietnam: ideal destination for South Koreans to live and work

 It’s a late afternoon on a recent Saturday and a store in the Phu My Hung urban area in HCM City’s District 7 is filled with customers from South Korea, looking for new clothing and shoes.

Hanoi flower village sparkles at night

 Flower fields in Hanoi’s Tay Tuu Village have become more beautiful at night with light created by thousands of lamps.

Vietnam, Laos seek to enhance border cooperation in 2018

 The 27th annual Vietnam-Laos border meeting was held on December 9 in Hanoi, aiming to seek orientations for border cooperation in 2018.

Convenience stores battle for market share

Retailers have been warned that they cannot expect to take back investment capital in convenience stores soon as the competition is fierce and the number of stores is still on the rise.

Former PVN President Nguyen Quoc Khanh suspended from work

 Minister of Industry and Trade Tran Tuan Anh has signed a decision to suspend Nguyen Quoc Khanh, former President and CEO of the PetroVietnam (PVN) from his work as a member of the Office of the National Steering Committee on Power Development.

Global HR Forum in Vietnam 2017 set for Hanoi

 The Global HR Forum in Vietnam 2017 will be held by the Ministry of Education and Training, South Korea’s Ministry of Education, and The Korea Economic Daily on December 14-15 at the Melia Hanoi Hotel. 

Disease outbreaks likely to occur in Hanoi

 While dengue fever cases dropped, cases of measles, mump, whooping cough, rubella and chickenpox are likely to rise in Hanoi. Worse, upward trend in the number of measles continue to increase.

Manufacture is VN economic propellant

 The economy’s manufacturing and processing sector has broken its October growth record with a new record in November, giving the 11-month industrial production – and the whole-year growth target – a jolt.   

Foreign capital in real estate sector reaches record-high

VietNamNet Bridge - One of the six large-scale FDI (foreign direct investment) projects registered in the first 10 months of the year is the smart complex in Thu Thiem Urban Area in district 2, HCM City with investment capital of $885.85 million. 

Former PVN official Dinh La Thang arrested

 The Investigation Police Department under the Ministry of Public Security on December 8 issued a decision to arrest and start legal proceedings against Dinh La Thang, former Chairman of the Member Council of PetroVietnam.

3D technology applied in cardiovascular surgery for the first time

 Doctors at the Cardiovascular Centre under the Hanoi-based E General Hospital have applied 3D technology in successful cardiovascular endoscopic surgery for a patient suffering from atrial septal defect (ASD).

Vietnam concerned about negative impact of US’s decision on Jerusalem

 Vietnam’s Foreign Ministry spokesperson has expressed concern that the US’s latest decision on Jerusalem can have negative impact on peace and stability in the Middle East. 

Hospitality experts tell of imbalance

Despite coming off a good year for hotels in Vietnam’s two main cities, experts are still warning of an imbalance.

Vietnam, Liberia strive to triple trade revenue

 Vietnam and Liberia have affirmed their determination to double or triple the current bilateral trade of 35.3 million USD.

CMC launches first cable system directly connecting to Southeast-Asia grid

 CMC Telecom on Thursday in Ha Noi officially inaugurated its Cross Viet Nam Cable System (CVCS), which is the only system in Viet Nam directly connecting the Southeast-Asia grid.

BSR inks crude oil supply agreements with Socar, Glencore

Binh Son Refining and Petrochemical Co Ltd (BSR) on December 8 signed crude oil supply agreements with two trading companies – Glencore Singapore and Socar Trading SA – to supply the Dung Quat refinery for the 2018-25 period.

Ministry rejects Uber’s complaints about tax arrears

 The Ministry of Finance rejected the Netherlands-based Uber International Holding BV’s complaints about the decision to collect 67 billion VND, or nearly 3 million USD, in tax arrears in a statement sent to the US-ASEAN Business Council.

Vietnamese swimmer continue to shine at World Para Championships

 Vietnamese swimmer Trinh Thi Bich Nhu won another silver medal on December 7, the last competition day of the World Para Swimming Championships 2017 in Mexico City.