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Update news FDI

New government decision empowers scientists to conduct research

VietNamNet Bridge - The inter-ministerial circular No 27 which took effect on February 15 is expected to make a breakthrough in scientific research as it allows scientists to take initiative in their work.

Vietnamese rank high in beer consumption, spend more money than Japanese

VietNamNet Bridge - In Vietnam, local officials drink bottles of liquor worth of thousands of dollars that Japanese dare not drink.

Experts warn about fate of Vietnamese goods amid foreign retailers’ presence

VietNamNet Bridge - What is the future for Vietnamese goods when foreign goods, following foreign retailers’ steps, penetrate the Vietnamese market?

Vietnam gears up to train teachers of English for primary schools

VietNamNet Bridge - English will be a compulsory subject for third grades and above from 2018. This means that primary schools only have two more years to prepare teachers of English.

Special glove helps visually impaired to walk

Instead of a walking stick, visually impaired people now can walk safely on the street with a glove using a sound wave sensor created by two young students, Lam Vu Hoang and Tran Quoc Co, from Le Hong Phong High School for the Gifted. 

Leave Con Dao alone, say travel firms

VietNamNet Bridge - Environmentalists as well as travel firms, which could benefit from a proposed road through a special-use forest, have voiced their protest against the project.

VND40 trillion sweets market may fall into foreigners’ hands

VietNamNet Bridge - The market share of Vietnamese sweets manufacturers is getting smaller.

A sad year for Vietnam’s coffee industry

The Robusta price in the past had climbed to as much as VND50 million per ton, which helped many farmers get rich. However, it has tumbled dramatically to below production cost.

More Vietnamese become CEOs in foreign conglomerates

VietNamNet Bridge - The positions of CEOs of many multinational groups are being held by Vietnamese as the business employ strategies to localize staff.

Tragic end for brands boycotted by consumers

VietNamNet Bridge - Consumers have enormous power, so much so that they can drive strong brands to death.

Why are many Thai buyers in the VN retail market?

VietNamNet Bridge - Thai businesses are not as strong and financially capable as Japanese or South Korean but they act often more promptly and professionally. 

Vietnam sees no future in exporting fragrant rice

VietNamNet Bridge - Vietnamese fragrant rice exports have been increasing rapidly, but the export value remain modest.

New-style drinks to dominate beverage market

VietNamNet Bridge - Archcafe’s success story of penetrating convenience stores shows that innovation in the beverage market can bring great success.

Three groups of businesses to meet difficulties when Vietnam joins TPP

VietNamNet Bridge - Three groups of enterprises will be under pressure once the Trans Pacific Partnership Agreement (TPP) takes effect, according to lawyer Tran Huu Huynh, chair of the Vietnam Arbitration Center.

British company wants to treat dust in ‘steel valley’

VietNamNet Bridge - Zincox Resources Plc from the UK plans to spend $115 million to build a plant to treat the dust produced by electric arc furnaces from the steel mills in Ba Ria-Vung Tau province. 

Why are famous people on Facebook becoming ‘Vu Dinh Dung’?

VietNamNet Bridge - A lot of people well known on Facebook have been unexpectedly renamed ‘Vu Dinh Dung’ in recent days. This mostly happened with personal Facebook fanpages with hundreds of thousands of viewers. 

Experts warn against textbooks compiled locally

VietNamNet Bridge - Teachers and students in localities may have to accept textbooks compiled by local education departments.

Nguyen Van Thang: Youngest bank president is new member of Party’s Central Committee

VietNamNet Bridge - He is the youngest president of a large commercial bank and one of the youngest members of the Communist Party Central Committee newly elected for a 12-year term.

Businesses set up retail chains to seek part of multi-billion dollar pie

VietNamNet Bridge - Many Vietnamese entrepreneurs are willing to spend billions of dollars and race against time to build their own retail chains as foreign groups flock to Vietnam’s promising market.

REIT fund to create breakthrough in stock, real estate markets

VietNamNet Bridge - The establishment of the REIT (real estate investment trust) fund shows that the real estate market has integrated more deeply into the global market.