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Vietnam’s garment industry can’t keep ‘waiting for the TPP’
2016 is expected to be the most difficult year in the last decade for Vietnam’s textile and garment industry. While waiting for preferential tariffs to be offered by the TPP, Vietnamese companies are seeing orders ‘flee’ to other countries.
Foreign fashion firms consider Vietnam a ‘gold mine’
Zara opened its first shop on September 8 to big crowds, and H&M is expected to arrive in Vietnam early next year.
Education Ministry sets new goals for English teaching at schools
Minister of Education and Training Phung Xuan Nha said the textbooks for teaching English at Vietnamese schools will be textbooks of a certain country that will be ‘localized’ to fit Vietnamese conditions, rather than ones compiled by Vietnam.
Vietnam may raise retirement age to respond to aging population
The Ministry of Labour, Invalids and Social Affairs has included a provision to raise the retirement age in the draft amendments of the Labour Law.
Hanoi plans to build luxury hotels on ‘golden land’
Hanoi is expected to have 20,000 rooms in the next five years and 20 luxury hotels located in advantageous positions in the city.
Chinese phone invasion raises concerns about information security
Experts have voiced their concern about Chinese phone products in the domestic market, warning that there are latent risks about information insecurity.
Chinese firm 'pickpockets' 94,000 Vietnamese subscribers
A company collected over VND230 billion (over US$10 million) through service message charges from 94,000 mobile service users in Vietnam over two years, but the customers did not know about it.
Zara to open more stores in Vietnam next year
Nikkei quoted a representative of Mitra Adiperkasa, the operator of Zara retail stores in Vietnam, as saying that the firm would open more Zara stores in Vietnam next year.
Amazing Ninh Binh in pictures
Ninh Binh is known as the land of many historical sites and beautiful landscapes. Besides strong development in urban areas, Ninh Binh has small villages where tradition has been well preserved. Discover the rural life in Ninh Binh through the following photos:
Foreign capital flowing to Vietnam’s housing market
Many globally renowned investment funds have shown interest in the Vietnamese property market after announcing investment deals worth tens of millions of dollars in potential real estate firms.