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Vietnam’s middle class enriches foreign companies

The top concern of foreign investors seeking to expand their business in Vietnam is the strong rise of the middle class.

NA Chairwoman receives new UNDP Country Director for Vietnam

 National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan received new United Nations Development Programme (UNDP) Country Director for Vietnam Caitlin Wiesen in Hanoi on November 8.

Vietnam to be among top 20 economies by 2050, says PwC

 Vietnam could be among the top 20 economies by 2050, projected PricewaterhouseCoopers (PwC) in a report on its perspectives on Vietnam.

IPOs set to spice up year end trading: analysts

 The stock market will feature a series of initial public offerings (IPOs) by State-owned enterprises (SoEs), including mega corporations, this year-end.

APEC CEO Summit continues discussions on various issues

 The APEC CEO Summit 2017 continued in Da Nang city on November 9 with discussions focusing on a number of issues closely related to Asian-Pacific businesses.

APEC foreign, economic ministers gather at 29th meeting

 The 29th APEC Ministerial Meeting took place in Da Nang city on November 8, gathering foreign and economic ministers of the 21 APEC member economies.

Cambodian PM to attend APEC 2017 Economic Leaders’ Meeting

 Cambodian Prime Minister Samdech Hun Sen will attend the APEC Economic Leaders’ Meeting in the central city of Da Nang on November 10 at the invitation of Vietnamese President Tran Dai Quang.

Lawmakers: North-South road may be costly

 The Ministry of Transport should consider the possibility of cost overruns as it prepares to build a 654km section of the North-South expressway, NA deputies said at the ongoing fourth session of the 14th National Assembly in Hanoi on November 8.

ILO offers wage reform recommendations to Vietnam

Specialists from the ILO on November 8 shared experiences in wage and social insurance issues and gave recommendations to Vietnam’s draft plan for reforming wage, social insurance and benefits for national contributors.

Vietnam’s gift to APEC guests

VietNamNet Bridge - In Da Nang City, the Deputy PM and Foreign Minister Pham Binh Minh presided over the opening ceremony of the APEC Park.

Vietnam fails to collect $170 billion in tax because of transfer pricing

VietNamNet Bridge - Experts estimate that foreign invested enterprises’ (FIEs) transfer pricing causes a loss of revenue of $170 billion a year to Vietnam and developing countries.

The cash machine and the story of globalization

 VietNamNet Bridge - At the APEC Business Summit 2017, speakers shared the optimistic belief that many new jobs would be created instead of rising unemployment in the new context.

Vietnam IT firms told to target higher-value services

Vietnamese IT firms now have great opportunities from large markets such as the US, Japan, Europe and Singapore. However, most of them are focusing on low- and mid-end products.

Banks’ shareholder structure changes

VietNamNet Bridge - While institutional shareholders register to divest shares of listed banks, inside shareholders and relatives of the members of the board of management are rushing to collect shares.

Extreme weather affecting titanium exploitation

The National Institute of Mining – Metallurgy Science & Technology (Vilumki) found that climate change has had a significant impact on titanium exploitation, with output predicted to decrease by 30 percent.

Parents deprive children of play by sending them to school before six

VietNamNet Bridge - Many Vietnamese who describe themselves as ‘progressive parents’ have criticized those who send their children to school before aged six.

God’s present

 It is said that children are a gift from God. But giving birth to a baby and providing proper care for him or her is another matter.

HAG Group: 2018 might be the turning point

 In the past year or so, core message private group Hoang Anh Gia Lai has revealed its intentions of financial restructuring to investors and declared shifting focus to the fruit segment. 

Special breakfast of PM Nguyen Xuan Phuc with leaders of 20 corporations

 VietNamNet Bridge - During the breakfast with officials of 20 Vietnamese and international corporations and companies, the Prime Minister answered many issues related to the policies of Vietnam.

President Trump’s visit reflects US interest in bilateral partnership

 President Donald Trump’s participation in the APEC Economic Leaders’ Meeting and his State visit to Vietnam reflects the US’s interest in the partnership with Vietnam and cooperation in the Asia-Pacific region.