Vietnamnet
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Vietnam may fail to realize its goal for Olympics 2016
Vietnam aims to get 18 official tickets to the 2016 Olympics but so far Vietnamese top athletes have just got three cards. The target seems to be too far to reach as the number of qualifying tournaments declines.
Foreign investors uninterested in buying bad debts
Foreign investors have been reluctant to buy Vietnam’s bad debts, after initial consideration.
NA deputies discuss Google, Facebook, Uber evading tax
National Assembly Deputies have urged the Ministry of Finance to check current laws on tax payment management for services provided across the border such as Facebook’s and Google’s.
Traditional groceries still financially powerful retail channel
Groceries still comprise 80% of Vietnam’s fast moving consumer goods (FMCG) sales, which shows they remain the most popular and powerful retail channel in Vietnam.
Commercial banks take an interest in seaports
VietinBank and VPBank, as the strategic shareholders of the Saigon Port, have representatives that belong to the port developer’s board of directors and supervision board.
Tien An bat cave – the forgotten ‘Jurassic Park’
Located in Tien An commune, Tien Phuoc district, 35km far from Tam Ky city, Quang Nam province and over 100 km from Danang city, Tien An bat cave is similar to Jurassic park with its natural beauty and fossil rocks.
Vietnamese, foreign businesses vie by offering high pay
Vietnamese businesses are now offering extremely high pay to hunt for talents to compete with foreign invested enterprises.
Multi-national groups fleeing from China, heading for Vietnam
Samsung, LG and Intel have injected more money into Vietnam. Some multinational conglomerates are considering relocating their global production bases to Vietnam. Others are planning to set up factories in Vietnam.
Pending FDI projects leave
Many foreign investors do not bring capital to Vietnam, but still register investments and try to mobilize capital in the country to implement the ‘foreign direct investment’ projects.
Traditional fish sauce sector loses revenue
Of the more than 200 million liters of fish sauce sold in the market, 75% is industrial sauce, indicating an alarming decline of the traditional fish sauce sector.