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Reductions in business conditions save VND6.3 trillion

Some 3,400 business conditions have been removed and nearly 6,800 product lines have been exempted from specialized inspections, saving more than 18 million days of public work, or over VND6.3 trillion (US$269.9 million).

 

Barrage of solar projects as COD deadline looms

Local investors are pushing for their solar farms to begin operation within weeks, as the number of applications for solar projects has skyrocketed thanks in part to recent government incentives on renewable energy.

 

Dare to learn with AWS to succeed in digital age

The Vietnamese market is changing at a rapid pace nowadays, treading towards digitalisation to stand on par with other regional markets in the digital age.

Applying luxury tax on smartphones is contrary to Industry 4.0

“Applying luxury tax on smartphones is contrary to Industry 4.0,” Pham Hai Van, northern director of local technology firm Haravan JSC, told VIR when talking about HCMC’ proposal to impose such a tax on devices that they think are essential.

 

BUSINESS NEWS 16/5

Businesses to work with universities on high-tech development of key industrial products

Ninh Binh Museum ideal destination for history lovers

Ninh Binh Museum in the northern province of the same name is an ideal destination for tourists who are fond of historic relics and stories.

 

Fight against origin fraud to be enhanced

The National Steering Committee for Combating Smuggling, Commercial Fraud and Counterfeit Goods has asked the handling of violations related to “made-in-Viet Nam” origin fraud to be enhanced.

Classical opera heads back to the 13th century

The Viet Nam Tuong (classical opera) Theatre will perform a new work entitled Nhân Huệ Vương on Friday as part of the National Tuong Festival at Lam Son Theatre, Thanh Hoa Province.

Vietnam considered new growth engine for S.Korea: Expert

Vietnam now is considered new growth engine for South Korea, because South Korean companies cannot expect much profitability in their home country, said Lee Sang-hon, director at South Korea’s Shinhan Bank.

 

Exploring unique one-pillar pagoda in HCM City

The one-pillar pagoda in HCM City features unique Buddhist architecture that is reminiscent of the famous pagoda located in Hanoi.

Property developers in Vietnam not keen on workers’ housing

Developers in the south are ignoring the workers’ housing segment despite the huge demand for it, analysts said.

 

Vietnam’s northwest region enters pouring-water season

Terraced fields in Vietnam’s northwest region are entering pouring-water season this May, when farmers make the water run into their fields to start a new rice crop, bringing an awe-inspiring vista to the fields.

 

Vietnam enter semi-finals of AFF U15 football champs

Vietnam have booked a ticket to the semi-finals of the AFF U15 Girls’ Championship 2019 held in Chonburi, Thailand.

Ho Chi Minh City calls for investors in 210 projects

Ho Chi Minh City authorities are doing their best to improve the investment climate to ensure the success of all projects in the southern hub.

Vietnam 3rd in cost attractiveness for global manufacturers

Cushman & Wakefield published new research on May 15 assessing 48 of the most suitable locations for global manufacturers to expand in or relocate their operations to in Europe, the Middle East, and Africa, the Americas, and Asia-Pacific.

 

Vietnam’s road sector forecast to grow 7.2 pct in 2019

The expansion of Vietnam’s road network would continue in the next decade in order to support growing freight transport volumes due a projected increase in economic activity, Fitch Group’s Fitch Solutions Macro Research forecast.

 

Hanoi records best quarterly performance in condominium market

A recent CBRE report revealed Hanoi recording one of the best quarters in the last three years, while HCMC’s market saw the worst during the period.

 

Greater efforts urged to remove bottlenecks in Vietnam’s FDI attraction

Nobufumi Miura, chairman of the Japan Business Association in Vietnam, claimed that cumbersome administrative procedures have hindered enterprises from increasing their investment.

 

Binh Dien Long An beat Thailand in int’l volleyball event

VTV Binh Dien Long An defeated U23 Thailand in the second match of Group A at the VTV9-Binh Dien International Women's Volleyball Tournament in Kien Giang Province's Rach Gia City on Monday.

Ha Noi, Binh Duong must win to advance at AFC Cup

Ha Noi FC and Becamex Binh Duong desperately need points in the final group games of the AFC Cup to progress through to the next round.