Vietnamnet
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Many Vietnamese businessmen are well known in the country not only because they have trillions of dong worth of assets, but also because they are brothers as well as billionaires.
The inter-ministerial circular No 27 which took effect on February 15 is expected to make a breakthrough in scientific research as it allows scientists to take initiative in their work.
Without the government’s incentives, Vietnam’s first oil refinery of Dung Quat would have had losses of VND27,600 billion (over US$1 billion) since 2010, when it began operating.
In Vietnam, local officials drink bottles of liquor worth of thousands of dollars that Japanese dare not drink.
The positions of CEOs of many multinational groups are being held by Vietnamese as the business employ strategies to localize staff.
The Robusta price in the past had climbed to as much as VND50 million per ton, which helped many farmers get rich.
Up-skilling the workforce is seen as key to improving Vietnam's workplace competitiveness during integration into the ASEAN Economic Community.
2015 was littered with M&A activity in the property market, especially in residential, hospitality, and retail, and the trend is forecast to continue in 2016.
The traditional long tunic and trousers of Vietnam, or Ao Dai, has always been seen as a cultural symbol of the country and people of Vietnam. However, few know that this traditional outfit appeared very early and experienced a lot of ups and downs.
Archcafe’s success story of penetrating convenience stores shows that innovation in the beverage market can bring great success.