encouragement

Update news encouragement

Vietnam fails to attract high technologies in FDI projects

Scientists have warned that the import of backward technologies would turn Vietnam into a technology landfill.

Science, technology firms can’t receive promised support

The government, while vowing to develop science and technology, has promised to give preferences and big investment incentives to science and technology firms. However, in fact, the preferences have not reached the firms.

Developing IC industry: better late than never

HCM City has kicked off the project to develop the IC industry, planning to make investment in all phases from training, designing to production and commercialization.

The non-state owned school rescue fails

MOET met the representatives from non-state owned schools on March 5 to discuss the solutions to rescue the schools from sinking. However, the efforts have failed.

Which countries Vietnam most expects FDI from?

The plan on the investment tendencies of strategic partners would give the answer to the question which countries Vietnam should attract foreign direct investment (FDI) from.

Investors threaten to cancel projects if they cannot enjoy incentives

Foreign investors said they would cancel the plans to expand their investment in Vietnam if the expanded projects cannot enjoy investment incentives.

BUSINESS IN BRIEF 25/2

Asia-Pacific exports expected to increase; Inflation holds steady despite Tet demand; Surge of power plants to plug into Viet Nam market

SBV insists on stable dong/dollar exchange rate policy

VietNamNet Bridge – While economists have urged to devaluate the local currency to help boost exports, the central bank believes that it’s not the right time to do this.

Luxury car makers foresee good signs in 2013

Luxury car brand owners have been trying to expand their distribution networks in Vietnam, which means that they believe in the prosperity of the market in 2013.

Vietnamese IT firms still hesitant to pour money into PPP projects

Vietnamese enterprises do not lack money or technologies to implement PPP (private public partnership) projects. What they lack is the feeling of safety when they implement the projects.

Schools put on alert as they cannot recruit teachers

VietNamNet Bridge – HCM City needs 3,049 teachers in the 2012-2013 academic year, but it only could find 2,000.

Stock market hoped to thrive in 2013

Financial experts have noted a stronger cash flow to the stock market in the last trading sessions of 2012. If the government successfully implements the solutions to support businesses, the stock market would prosper in 2013.

Nobody has the right to force people to make non-cash payments

The State Bank of Vietnam does not have the right to force people to make payment in check and eliminate the payment in cash. This would violate the constitution, experts say.

Gold price gap widening shows the powerlessness of the policies

The gap between the domestic and international gold prices got wider after the Decree No. 24 took effect some days ago.

The story about SCIC and the milk cow (Part 1)

The State Capital Investment Corporation (SCIC) has reported an impressive business result for 2012. However, experts still can see big problems of the state’s super-power.

VNAT reports high growth, travel firms still suffer

The Vietnam National Administration of Tourism (VNAT) has been joyful with the record high number of 6.847 million foreign travelers in 2012, an increase of 13.86 percent over 2011

Schools refuse bad students

The number of students expelled from schools or suspended for one year has been increasing rapidly. This, in the eyes of experts, is an alarming problem.

Vietnam wants more foreign travelers, but has no policy to attract them

Travel firms alone would not be able to attract more foreign tourists to Vietnam. In order to do that, Vietnam needs to apply reasonable policies.

Foreign currencies flowing out from the public

VietNamNet Bridge – A big amount of foreign currencies has been sold by people recently since they, after weighing pros and cons, decided that it would be better to keep dong than dollars.

Without money, Vietnam unable to develop sciences?

While scientists believe that they have to work in very poor conditions and affirm that Vietnam needs to spend more money to develop and encourage scientific research, businessmen say money is not the problem.