Vietnam breaking ne

Update news Vietnam breaking ne

Foreign investment keeps flowing to Vietnam amid US-Sino trade spat

Disbursement of FDI projects in Vietnam in January jumped to US$1.55 billion, representing an increase of 9.2% year-on-year as the US-China trade spat continue to unnerve global investos.

CPTPP gives Vietnam upper hand in negotiating trade deal: Economist

 Being the deal’s co-founder, Vietnam has the rights to accept or refuse a third country joining the CPTPP, while future participants could not propose too many new clauses to the deal as they must accept existing conditions.

More reforms urged to encourage FDI in Vietnam’s real estate market

 The Law on Housing and the Law on Real Estate Business have partially lifted the barriers for foreigners investing in Vietnam’s real estate market and thus opened the floodgate for foreign investment in the sector.

Vietnam’s labor issues likely hamper trade pact with European Union

 Vietnam needs to take its revised Labor Code into account as the revision aims to align the law with the ILO’s standards, particularly on issues concerning collective bargaining and freedom of association.

Vietnam national football team set to jump one place in FIFA rankings

 The Vietnam men’s national football team will climb one place from 100th to 99th in the latest International Federation of Association Football (FIFA) rankings with a total of 1,238 points, according to the calculations of Twitter Footy Rankings.

Vietnam named world’s fourth fastest-growing high net worth country

 Vietnam is projected to stand behind Nigeria, Egypt and Bangladesh in the list.

Asian Cup 2019: Que Ngoc Hai among 10 best performers of second round

 Football website Fox Sports Asia has named Vietnamese defender Que Ngoc Hai one of the 10 best performers from the second round of matches at the ongoing AFC Asian Cup 2019.

Three VN companies among ten most visited e-commerce sites in ASEAN

 Vietnamese e-commerce platforms Tiki, Thegioididong and Sendo were named among ten most visited sites in Southeast Asia by price comparison website iPrice Group.

Growing Korean influence in Vietnamese financial and banking market

 South Korean giants are entering the Vietnamese financial and banking market by mergers and acquisitions (M&A) or directly compete with indigenous financial institutions in Vietnam.

Businesses advised to obey rules of origin to boost exports to Asia

 Asia has a number of markets that share similarities in geography, culture and lifestyle with Vietnam. These similarities are ripe for businesses to make the most of and allow their goods to penetrate the region.

Rising business costs to upset foreign investment inflow to Vietnam

 The government has so far also planned to cut costs for businesses to make the country’s investment environment more attractive.

Nearly 1,800 seats added to HCM City-Hanoi air route in AFF Cup fever

 Vietnam Airlines said it will add nearly 1,800 more seats on flights between Hanoi and Ho Chi Minh City on December 6 and 7 to make it easier for football fans to travel to Hanoi for the semifinal return leg between Vietnam and the Philippines.

Two Vietnamese players listed in AFF Suzuki Cup group stage’s best XI

 Vietnamese midfielder Nguyen Cong Phuong and forward Nguyen Anh Duc have their names listed in Fox Sports Asia’s the best XI of the group stage of the ongoing 2018 ASEAN Football Federation (AFF) Suzuki Cup.

Fine-tuned PPP rules needed to lure foreign investment in transport

 The Ministry of Transport estimated that the total capital for developing the transport infrastructure in the country for 2018-2023 is estimated at roughly (US$48 billion).

Fake discount trick may happen again in Single Day sales promotions

 Fake discounts, which are occassionally applied by Lazada and other e-commerce platforms, may occur again on the Single Day promotion season this year.

Fine-tuned PPP rules needed to lure foreign investment in transport

 The Ministry of Transport estimated that the total capital for developing the transport infrastructure in the country for 2018-2023 is estimated at roughly (US$48 billion).

PetroVietnam refutes baseless allegations on PVTex and BSR alliance

 PetroVietnam – the representative unit of PVTex – affirms that the the contract between Binh Son Refining and Petrochemical Co., Ltd. and PVTex to buy PP (Polypropylene) plastics for production at the Dinh Vu polyester plant is fully legal.

VN’s first waste-to-power plant to be officially operational in Nov

 The Thoi Lai waste-to-energy plant in the Mekong Delta city of Can Tho is expected to be put into official operation in late November. 

Business conditions provoke enterprises’ concern despite reductions

 A reduction in the number of business conditions and inspection procedures has yet to match expectations, while enterprises in the country continue to voice concern that these conditions and procedures are hindering their businesses.

A Vietnamese child, once grown, would be only 67% as productive: WB

 A child born in Vietnam today will be only 67% as productive on attaining adulthood as he or she would have been if a complete education and proper health had been ensured during childhood, the World Bank Group stated in a new report.