TPP

Update news TPP

Gold price fluctuations cause mad rush among investors

VietNamNet Bridge - The gold price recently soared by millions of dong per tael within one day and then plummeted the next day, shocking gold investors. 

Scientists warn about air pollution caused by fine dust

VietNamNet Bridge - Fine dust, called the ‘quiet human killer’, can spread thousands of kilometers and cause environmental harm. 

Vietnam ranks second after China in software outsourcing for Japan

VietNamNet Bridge - Vietnam has replaced China as the second largest partner in Japan’s software outsourcing market.

Despite the ban, HCM City schools open extra classes during summer

VietNamNet Bridge - While many HCM City schools have stopped giving extra lessons to students in the summer holiday, following the city authorities’ ban, many others still maintain classes, citing many reasons.

Convenience stores become more popular

A recent survey by Nielsen, a market survey firm, found that with the increasingly faster pace of life and smaller scale of households, Vietnamese nowadays attach much importance to ‘convenience’ when choosing shops.

Vietnamese getting richer, bankers earn big money

VietNamNet Bridge - The deposits from the public and businesses at commercial banks have soared to VND5,800 trillion. Is this because people now tend to deposit more money or have become more apprehensive of risks?

Mismanagement in coastal industrial zones leads to sea pollution

Experts believe that environmental problems exist in nearly all coastal industrial zones (IZs), not just in Vung Ang IZ, where a serious environmental incident occurred two months ago, causing mass fish deaths in four central provinces.

Valuable farm produce sold at low prices

VietNamNet Bridge - Because of poor processing technology, Vietnamese have to sell valuable farm produce at rock-bottom prices.

Can ENT barrier bar foreign retailers?

Vietnamese retailers have been reassured that the regulation on ENT (economic needs test) would serve as a barrier that prevents foreign retailers from expanding in Vietnam and protecting local retailers. However, analysts don’t think this will work.

Commercial banks raise charter capital as opportunities increase

VietNamNet Bridge - Figures released by the State Bank of Vietnam and financial reports by commercial banks show that total charter capital of 35 Vietnamese commercial banks reached VND331.069 trillion by December 31, 2015.

Vietnamese businesses incur losses because of yen appreciation

VietNamNet Bridge - The sharp increase of the Japanese yen has caused losses for Vietnamese businesses.

Summer holiday shortened, students return to school in mid-July

Many schools have ignored the Ministry of Education and Training’s (MOET) instruction that the 2016-2017 academic year starts no sooner than August 1 and no later than August 25, and have asked students to return to school in July.

VN cashew industry, no 1 in world, still relies on imported raw materials

VietNamNet Bridge - The heavy reliance on import materials remains a problem for Vietnam’s cashew industry, though it remains the top cashew exporter in the world. 

Investment from insurance industry up by 500% over 10 years

VietNamNet Bridge - The insurance sector has seen one of the highest growth rates in the last 10 years, as total investment capital from the sector to the national economy increased sharply by 500 percent in 2006-2015.

Uncontrolled tourism in Son Tra harms red shanked douc

VietNamNet Bridge - The threat to Son Tra Peninsula and the red shanked douc in Son Tra is uncontrolled tourism development.

Hidden links found on State agencies’ websites

The Bach Khoa Anti-virus Center (BKAV), the nation’s leading internet security firm, has warned that it has found hidden links on many websites with the domain name ‘.gov.vn’, websites run by government agencies.

Vietnamese drink manufacturers give up home market to foreign firms

VietNamNet Bridge - Losing out in the carbonated soft drink market segment, Vietnamese drink manufacturers also cannot compete with foreign ones in products which use materials available in Vietnam.

Viettel eats VNPT’s internet market share

VietNamNet Bridge - Many subscribers have left VNPT (the Vietnam Post & Telecommunication Group) recently, helping VNPT’s rivals such as Viettel and FPT Telecom obtain larger market share.

How do Vietnamese families spend their money on education?

VietNamNet Bridge - Experts have pointed out that Vietnamese parents are ‘dictated by feeling’ when making decisions related to their children’s education. 

Billionaires pour money into agriculture

VietNamNet Bridge - Vietnamese billionaires earn money from many different business sectors. However, many are investing in agriculture.