Investors, especially foreign investors, are lining up to join the project to enhance and expand Dung Quat Refinery despite the uncertain deadline for completing the expansion due to the unapproved environmental impact assessment report.

Even as the high average income of the employees of Vietnam Posts and Telecommunications Group (VNPT) surprised the online community, VNPT is not the highest payer by far.

Entire under nine-seat cars operating under the ride-hailing application may be managed as taxi operators, according to newswire Bizlive.vn.

After Stripe International’s purchase of NEM, another Japanese investor Advantage Partners has acquired local women’s apparel company Elise Fashion, stirring up the fashion market in Vietnam.

Vietnam has great potential for the development of information and communications technology, which is considered a key pillar for the government in the development of a digital economy. 

“There is no way around Industry 4.0. Each business and the country as a whole should prepare, plan, and build strategies for adaption. Every member of the society needs to change their mindset, strengthen links, and invest more in technology.”

With an aim to industrialise and modernise the economy by 2020, Vietnam is actively pursuing science and technology innovation as well as the attraction of foreign investment into relevant industries, especially robotics. 

With a modern interface, many new and useful features that are more user-friendly than the old version, Vietnam Airlines’ new application promises an enhanced customer experience.

In the Fourth Industrial Revolution, applying technology and automation in manufacturing is a critical solution for businesses to deal with the disruption of labour as well as lack of labour force. 

In 2018, the Vietnamese economy grew by an impressive rate of 7.08 per cent, fuelled by the strong direction of the government, with a rise in foreign investment. Minister of Planning and Investment Nguyen Chi Dung talked with VIR’s Tung Huong about the year’s economic achievements, and the country’s new investment attraction strategy.