VCCI

Update news VCCI

Businesses fail despite economic recovery

VietNamNet Bridge - While the national economy is in strong recovery, inflation has been curbed and p administration reform has been simplified, the number of dissolved businesses has been increasing rapidly.

Scientists suggest building 5-7 rolling weirs on Red River

VietNamNet Bridge - The Ministry of Agriculture and Rural Development (MARD) has proposed to build 5-7 spillways on the Red River in order to raise water for agricultural production and the underground water level.

Firms have to set up business in Singapore to export Vietnamese rice

VietNamNet Bridge - A lot of companies have had to give up exporting rice because they cannot satisfy the requirements set by Decree 109.

In Dak Nong, protective trees cleared to make room for houses

VietNamNet Bridge - More and more pine trees have been felled in the central province of Dak Nong, while the local authorities still have not found a proper solution to stop deforestation.

Where has SCIC invested the state’s money?

VietNamNet Bridge - The State Capital Investment Corporation (SCIC), a powerful conglomerate which is often compared with Singapore’s Temasek and Malaysia’s Khazanah, is bogged down with many investment projects.

Tan Hiep Phat’s boss may be VN's second USD billionaire

VietNamNet Bridge - The owner of Tan Hiep Phat, one of the largest privately run conglomerates, could be the second Vietnamese dollar billionaire, according to the Wall Street Journal (WSJ).

Rolling weirs on Red River may bring fatal dangers: experts

VietNamNet Bridge - While the Ministry of Agriculture and Rural Development (MARD) insists on the plan to build 5-7 rolling weirs across the Red River to regulate the river’s water level, experts have warned about dangers that could occur.

Vietnam still needs ODA for infrastructure development: economists

VietNamNet Bridge - While some analysts believe official development assistance (ODA) should be reduced, others believe that Vietnam still needs ODA capital for infrastructure development.

How are the tycoons in mogul Kien’s bank case faring?

VietNamNet Bridge - Three years have elapsed since the day Kien and many other bankers were charged with swindling. Some of them have fulfilled their judgment execution and returned to business. However, there still exist unsettled debts.

NA’s deputies to set up debt clock to remind people of public debt

VietNamNet Bridge - A public debt clock is a symbol which reminds the government, state agencies and public of the VND29 million worth of public debt now put on the shoulders of every Vietnamese.

Central Highlands’ residents cut down forests to get land for cultivation

VietNamNet Bridge - The protective forests in Kon Tum province have been ravaged in recent years.

What does the biggest creditor say about Hoang Anh Gia Lai’s debts?

VietNamNet Bridge - Chair of the board of directors of the Bank for Investment and Development of Vietnam (BIDV) Tran Bac Ha said the government has decided to restructure of debts of the Hoang Anh Gia Lai Group.

How much does it take to have an ISI article?

VietNamNet Bridge - The Vietnam Academy of Social Sciences (VASS) needed VND2 trillion to maintain its operation in the last five years. But it only had 22 ISI (Institute for Scientific Information) articles during that time.

Vietnam’s software industry sees growth overseas

VietNamNet Bridge - Vietnam saw growth in the domestic software market slow down in the last five years, but outsourcing for foreign markets were higher. 

Behind Vietnam Airlines’ plan to sell & lease back aircrafts

VietNamNet Bridge - The national flag air carrier’s plan to sell and lease back three A350s was approved in late 2015, before the aircraft arrive, slated for 2016 and 2017. This aims to step by step cut government-guaranteed loans.

Jack Ma approaches Vietnamese craft villages

VietNamNet Bridge - It is Jack Ma, not Vietnamese firms, who has been reaching every corner of  Vietnamese craft villages and inviting them to join his online trading floors. Why?

What are the graduation requirements for PhD students in Vietnam?

VietNamNet Bridge - The training method for doctoral students "does not resemble any other country in the world’, which has produced low-quality theses and ‘tien si giay’ (paper PhDs), as called by Vietnamese. 

No investment channel can bring positive profit: economist

VietNamNet Bridge - The asset bubble due to massive capital inflow has brought disadvantages to Vietnam economy over the last decade, according to Dr Huynh The Du, director of the Fulbright Economics Teaching Program (FETP).

Vietnam's high street fashion market heating up

VietNamNet Bridge - By 2017, Vietnamese branded goods market may reach $2.7 billion in value, according to Euromonitor International.

Four Asian conglomerates dominate business landscape in Vietnam

VietNamNet Bridge - The four Asian giants predicted to be able to change the face of some industries and economic branches in Vietnam include CJ Group (South Korea), Ayala (the Philippines), SCG (Thailand) and Central Group (Thailand).