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Insurers’ total assets reach over $15 billion

 Total assets of Vietnamese insurance companies in the first eight months of the year surged sharply by 35.16 percent year-on-year to nearly 365.52 trillion VND (15.55 billion USD), a report from the Ministry of Finance (MoF) showed.

President Ho Chi Minh’s book published in Italy

 “Duong Kach Menh” (Revolutionary Path), a book written by late President Ho Chi Minh, has been translated into Italian and published in the European country.

Vingroup: spearheading new development science & technology in Vietnam

Vingroup, one of the most powerful conglomerates in Vietnam, has launched its Vin Hi-Tech, a technology research institute, and Big Data Institute, both of which belong to VinTech. 

Hanoi tries to recycle construction waste

It is estimated that about 2,000 tons of solid construction waste are discharged each day, not including waste from transport projects and household construction works.

University education costs in VN more expensive

VietNamNet Bridge - State-owned universities with financial autonomy have announced an increase in tuition of 10-30 percent. However, they say the new tuition is still not enough to cover training costs.


How will control of alcohol consumption affect Vietnam’s economy?

The liquor and beer industry contributed VND50 trillion to the national economy in 2017, but the total damages to society might be up to 1.3-3.3 percent of GDP, equal to VND65 trillion.

Social News 12/9

 Vietnamese women averagely earn 33 percent less than male peers, Old man eats rat poison by mistake, Vietnamese health watchdog removes drugs containing Valsartan, HCMC Cultural Heritage Association promotes tea culture and calligraphy

Agribusiness will bloom with EVFTA’s tariff cuts

 The EU-Vietnam Free Trade Agreement, with its extensive tariff cuts for agri-food products, is prompting foreign companies to enter the Southeast Asian market seeking investment and business opportunities in these products.

Hanoi building residential database to serve smart urban development

Cities around the world are piloting new technologies to develop smart cities, which has become the mainstream in the past decade.

Education reform needs improving teachers’ qualification, school facilites

 VietNamNet Bridge – Minister of Education and Training Phung Xuan Nha talks with Vietnam News Agency about education on the occasion of the start of the new school year.

Sustainable urbanisation a vital goal

 Today, more than half of the world lives in cities and urban developments, which is projected to grow to 68 per cent by 2025. 

Keeping your business ahead in the digital age

Vietnam is on the rise, with its growth poised to outperform the global average in 2018. However, there are still many concerns about the sustainability of this growth, especially as ASEAN is being hugely influenced by Industry 4.0 impacts.

Vietnam, Indonesia Presidents look to lift two-way trade to $10 billion

 President Tran Dai Quang and Indonesian President Joko Widodo agreed to strive to bring two-way trade to 10 billion USD towards a trade balance during their talks in Hanoi on September 11. 

Technology brings region into the future

 VietNamNet Bridge – Borge Brende, President of the World Economic Forum, speaks to Viet Nam News about the technological advances bringing new opportunities in the era of Industry 4.0.

RoK’s naval destroyer visit Da Nang

 The Republic of Korea Navy’s destroyer anchored at Tien Sa port in Da Nang on September 11, beginning its four-day visit to the central city.

PM gives reprimand to Deputy Information Minister Pham Hong Hai

 Prime Minister Nguyen Xuan Phuc has reprimanded Deputy Minister of Information and Communications Pham Hong Hai as a disciplinary measure for his violations in the case regarding MobiFone’s purchase of 95 percent of the shares of AVG Audiovisual JSC.

PM: joining hands in building ASEAN Community amidst Industry 4.0

As the host of WEF ASEAN 2018, Vietnam has the responsibility to work with the WEF and ASEAN to discuss important issues and plans for the development of ASEAN member countries amidst the Fourth Industrial Revolution, said PM Nguyen Xuan Phuc. 

WEF ASEAN: Grow Asia Forum talks innovation in agriculture

 The Grow Asia Forum was held in Hanoi on September 11 within the framework of the World Economic Forum (WEF) on ASEAN 2018 which lasts from September 11-13. 

WEF on ASEAN: Young Vietnamese show entrepreneurial aspiration

 Young Vietnamese people show their strong aspiration for self-employing and setting up enterprises amid the fourth industrial revolution (4IR), according to a survey from the World Economic Forum.

PM calls for more non-refundable aid from World Bank

 Prime Minister Nguyen Xuan Phuc has proposed the World Bank (WB) to continue its non-refundable aid for Vietnam in institutional reform, legal framework improvement and economic restructuring.