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Youngsters lead VN’s start-up scene

 Viet Nam is among the most dynamic start-up hubs in the world and well-educated, young entrepreneurs are expected to improve the country’s position on the global start-up map.

HoSE listing remains a gamble

 The Ho Chi Minh Stock Exchange (HoSE) has recently accepted or looks set to accept the listing of three more large-cap companies, but questions remain following a volatile year for the market.

Cash withdrawal limit in foreign countries set at VND30 million

 Commercial banks have to adjust the limit of cash withdrawals in foreign currency abroad to the maximum equivalent of VND30 million (US$1,280) per day for international credit and debit cards from early this year to meet a central bank regulation.

VN exporters advised to follow origin regulations

 The Ministry of Industry and Trade (MoIT) has advised Vietnamese exporters to strictly abide by regulations related to products’ origin.

Vietnam’s credit growth hits 5-year low of 14% in 2018

 The credit growth in the economy in 2018 is at five-year low, but it still helped the economy grow at a decade-high of 7.08%, VnExpress reported.

Vietnam property inventories plunge to US$992 million as of end-2018

 The value went down 82.24% from the peak in the first quarter 2013.

Famous Hanoi flower village struggles to expand business

 Flower farmers in Tay Tuu Village, Hanoi, are having to find land in another district to expand their work due to urbanisation.

Events in Hanoi and HCMC on January 7-13

 Events in Hanoi and HCMC on January 7-13 

Ceramic mural promotes beauty of Ha Long

 VietNamNet Bridge – A special ceramic mural regarded as one of the biggest in Vietnam is on display in the city of Ha Long in the northern coastal province of Quang Ninh.

Vietnamese rice makes name in world market

 In 2018, Vietnam’s total rice exports reached 6.15 million tonnes, with export turnover of 3.15 billion USD. The industry saw a 5.7% increase in volume and 19.6% increase in value compared to 2017.

Ten outstanding achievements in agriculture, rural development in 2018

 The Ministry of Agriculture and Rural Development has announced the 10 most outstanding achievements of the sector in 2018. 

Wooden burial jar with bronze drum recognised as national treasure

 A wooden burial jar with bronze drum discovered in Phu Chanh commune in the southern province of Binh Duong has been recognised as a national treasure by Prime Minister Nguyen Xuan Phuc.

Landmarks of Vietnam-Cambodia friendship

In Janurary 7, 1979, the Vietnamese army along with the Kampuchean United Front for National Salvation overthrew the Khmer Rouge genocidal regime, ending the long nightmare of Cambodian people.

Vietnam could face tra fish oversupply

 Vietnam’s tra fish export sector was probably the most improved industry this year, but rampant production could lead to excess supplies and price drops, according to Viet Dragon Securities Company (VDSC).

Wild orchids in forests could disappear with continued exploitation

VietNamNet Bridge - The uncontrolled exploitation of wild orchids could lead to the eventual disappearance of beautiful, rare and precious species in Vietnam. 

What’s behind the Vietnamese desire to study overseas?

VietNamNet Bridge - Some Vietnamese people attach too much importance to foreign university degrees, according to Prof Neal Koblitz from University of Washington in Seattle.

Chinese mobile phones popular in Vietnam, a threat to iPhone’s position

VietNamNet Bridge - Chinese mobile phone brands only had to spend five years to grab a high market share in the Vietnamese mobile phone market. 

HCM City theatres stage new shows for Tet

 VietNamNet Bridge – HCM City’s theatres promise a variety of new shows this Tet (Lunar New Year festival), which falls this year on February 5, to suit audiences of varying musical and dramatic tastes. 

Vietnam’s factories using more robots as production

VietNamNet Bridge - More automation manufacturers are entering the Vietnamese robot market, which as estimated by Universal Robots (UR) to have a value of $184.5 million by 2021.

Vietnamese firms’ presence in global chains remains modest

 Only about 300 of the over 1,800 businesses working in supporting industries in Vietnam have joined production chains of multinational enterprises, a figure described by analysts as too modest.