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Vietnam attracts less FDI in first half of the year

Foreign investors registered to pour US$1.73 billion into Viet Nam in June, bringing the total amount of foreign direct investment (FDI) committed to the country in the first six months of the year to $18.47 billion, down 9.2 per cent year on year.

Starting business in the digital technology era

Today, technology can almost meet all needs of human life, opening up many opportunities for startups in artificial intelligence. To get hold of its benefits, enterprises need to arm themselves with knowledge to embrace the future.

Supervision of inspectors must be increased to avoid bribery

Vu Quoc Hung, former deputy head of the Inspection Commission of the Party Central Committee, talks to Khoa Học & Đời Sống (Science and Life) newspaper about the construction inspectors recently accused of taking bribes

BUSINESS NEWS 26/6

Deputy PM urged ministries and localities to fight against IUU fishing

Publisher fights textbook shortage

Le Hoang Hai, deputy general director of Viet Nam Education Publishing House, talks with Thanh Niên (Young People) newspaper about the printing and distribution plan for textbooks ahead of the 2019-2020 academic year.

One plus two equals Wi-Fi

Most students hate studying, but they love surfing the web with their smartphones, so one teacher in An Giang Province has come up with a novel way of combining the two.

Vietnam spends billions on auto spare part imports

Vietnam has continued spending billions of US dollars on importing auto spare parts as the local car industry failed to achieve it's localisation targets.

Businesses do their bit to save environment

The attention businesses are paying to strategies and measures to protect the environment is a good augury for the sustainable development of the economy.

Vietnam fights fake news

Nguyen Thanh Lam, director general of the Authority of Broadcasting, TV and Electronic Information, under the Ministry of Information and Communications, talks to the newspaper Young People on the fight against fake news in Vietnam.

Rice exports face tough time amid huge global supply

With an abundant global supply and high inventory in major exporting countries, Vietnam is expected to struggle to secure exports of rice in the second half of the year, speakers said at a conference held in HCM City on Monday.

 

Foreign investors to reset Vietnam’s fintech market

The number of fintech companies have increased rapidly in Vietnam in recent years as the industry has high growth potential while the government encourages cashless transactions.

 

Land transfer problem hinders HCM City public toilet project

The construction of 500 public toilets in HCM City is facing slow progress due to land transfer problems.

Russian automaker KamAZ to operate in Viet Nam next year

Russian automaker KamAZ plans to re-open its automobile assembly factory in Viet Nam by 2020, said CEO Serge Kogogin with Russia's news agency Sputnik on Sunday.

 

E-wallets’ latest converts: HCM City street vendors

From morning to early afternoon Nguyen Van Chiem in HCM City’s District 1 is bustling with food vendors selling breakfast and lunch and customers coming to eat.

 

Vietnam sends biggest ever trade promotion delegation to South Africa

A Vietnamese trade promotion delegation that includes 22 local businesses from five localities is visiting South Africa from June 21 – 29, seeking partnerships and export opportunities.

 

Korea Eximbank opens 2 billion USD credit line to PetroVietnam

The Export-Import Bank of Korea (Korea Eximbank) has said that it has agreed to open a 2 billion USD credit line to Vietnam’s PetroVietnam in a bid to help more Korean companies venture into the fast-growing economy.

 

African swine fever breaks out in 60 provinces, cities

Outbreaks of African swine fever (ASF) were reported in 60 provinces and cities across the country as of June 24, according to the Ministry of Agriculture and Rural Development’s Department of Animal Health.

 

Flash floods swept through northern mountainous region

Flash floods collapsed the only suspension bridge spanning Ban Ho stream connecting Sa Pa and neighbouring communes in Lao Cai province. The floods also caused serious damages in Lai Chau province.

 

PM requests investigation into Asanzo’s alleged faked made-in-Vietnam products

PM Nguyen Xuan Phuc has requested the Ministry of Finance and other government agencies to verify whether electronics firm Asanzo has been selling Chinese goods disguised as made-in-Vietnam, local media reported.

Vietnam posts highest-ever power consumption due to hot waves

The peak power output (Pmax) hit 38,147 MW on June 21, the highest figure recorded in Vietnam so far.