Foreign banks, especially those from Asia, have been strengthening their investment in Vietnam in recent years.

Entering a coffee shop named Bien Bao (traffic sign) at 21-22 Tran Nhan Tong Street in Danang City’s Son Tra District, visitors will feel like they are still on the street due to a number of traffic signs placed everywhere from indoor to outdoor spaces of the shop.

Many banks cannot collect debts from shipping firms, which have been taking losses for several years.

As one of the most typical products of ethnic minority people in the mountainous region, tho cam (brocade) now has entered daily lives of people in the lowlands who do not use the materials only for its original purpose, i.e. to make clothes, but have taken advantage of its colorful appearance and durable quality to make accessories, toys, and stuffs for home decoration.

Uber Technologies Inc. has launched budget car sharing service UberX in Vietnam with charges much lower than the taxi fares in Hanoi and HCM City.

US telecom group AT&T is aiming for the Vietnamese market by providing monitoring and positioning services for the transportation sector and connecting cars via 3G and 4G technology, cooperating with Viettel.

In the Global Talent Index Report: Outlook to 2015, Vietnam dropped one spot compared to 2011, ranking 53rd out of 60 countries.

ADB has predicted that Vietnam’s public debt may reach 60% of GDP by 2016.

Here are some inventions by Vietnamese that are known worldwide.

Businesses in the seafood processing sector are clearly divided into two sides: those who are acquiring businesses to strengthen their foothold and those who are selling their firms to both domestic and foreign partners.