The 4.0 industrial revolution is expected to help increase productivity significantly, but the product cycle will be shorter with the appearance of intelligent factories.

MOET has said that the ministry ‘won’t let it go’, but will “join hands with education establishments to fix existing problems and overcome difficulties to deploy the new educational method VNEN. 

Wolfgang Manig, Deputy Head of Mission and Economic Counsellor at the German Embassy in Vietnam, talked about German firms’ views on Vietnam as an attractive investment destination.

 Companies in Viet Nam who wish to employ foreign employees can now apply for work permits online.

The Ministry of Industry and Trade (MOIT) decision on removing 675 business conditions and licenses has been described as a ‘historic decision’. However, experts think it doesn’t have much significance.

 As of 11:00 pm on October 2 (local time), there was no information about Vietnamese casualties in the shootings in Las Vegas city, Nevada State, which occurred one day earlier killing at least 59 people and injuring 527 others.

 LienVietPostBank’s general director, Phạm Doãn Sơn, has denied rumours about the bank merging with Sacombank.

 Vietnam’s derivatives market posted strong growth in September, the second month of its operation, with 9,679 accounts trading on the market opened as of September 29 – up 34.5 percent from the end of August.

 Trade deficit reaches $500 million  during Jan-Sep

Online issuance of work permit to foreign workers Vietnam, the exchange management of the business of prize-winning electronic games for foreigners were among new policies taking effect from October.

 According to the National Hydrology Meteorology Forecast Center, a low depression zone was located at 11- 13 degrees north latitude and 114- 116 degrees east longitude in the East Sea yesterday. 

 HCM City Steering Center of Urban Flood Control Program and Quang Trung Industry Joint Stock Company yesterday signed a principle contract to hire the company’s smart pumping system to cope with flooding in Nguyen Huu Canh street.

 Natural disasters in the first nine months of 2017 left 169 people dead or missing, while causing damages estimated at nearly US$946 million, according to the latest statistics from the General Statistics Office of Vietnam.

When it is impossible to break through market saturation and escape the downward spiral of stagnant growth, founders of local retail businesses often decide to sell their enterprises to find other opportunities.

 Land prices in the eastern area of Hanoi have sharply increased following the news of four planned bridges.

A group of Overseas Vietnamese students in Manchester city, the UK, have developed a mobile application named Tubudd in a hope to create a network that will connect foreign visitors with local tour guides in Vietnam.

Uber and Grab are in a fair competition with traditional taxis, so they operate within the confines of existing laws, said a representative from the Ministry of Transport.

 New draft amendments to the Fisheries Law will allow lease of sea surface areas to be used as collateral for bank loans.

Toong and the United Overseas Bank in Viet Nam are joining forces to support businesses, especially those involved in financial technology (Fintech) in Viet Nam and Asia.

 Mekong Capital reported total earnings of nearly US$79 million from its divestments this year to date, including the recent sale of its remaining holdings in the agricultural company Loc Troi Group.