Economy and commerce

Stakeholders urged to consult arbitrators in PPP project disputes

Arbitrators need to step in and deal with disputes in public-private-partnership (PPP) projects so economic development will not be disrupted, experts have warned.Professor Pham Duy Nghia at Fullbright Vietnam University said attracting private investment was good for infrastructure development. According to Nghia, in order to ...

Portal launched for start-up community

The Ministry of Science and Technology in cooperation with Nexus FrontierTech Company has officially launched a new portal for tech start-ups – vntechpedia.com. The portal is part of a project to support the national start-up and innovation ecosystem by 2025 approved by Prime Minister Nguyen Xuan ...

Over 50 green startup ideas honoured

The Vietnam Women’s Union collaborated with the Vietnam Climate Innovation Centre (VCIC) to organise a ceremony in Hanoi, on June 24, to honour 51 creative ideas at the third Proof-of Concept (PoC) competition under the theme “Women and the future of green economy”.Launched in January ...

Vietnam, EU to sign EVFTA on June 30 in Hanoi

The European Council announced on June 25 that it has approved the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA), and assigned the EU to sign the deals with Vietnam on June 30 in Hanoi.The EVFTA ...

Over 220 trillion VND invested in Mekong Delta’s infrastructure

Over 890 projects in infrastructure with total investment of 221 trillion VND (9.43 billion USD) are being carried out by in the Mekong Delta by 898 businesses from Ho Chi Minh City, according to statistics of the municipal People’s Committee.The projects are mainly in building ...

Vietnam international commercial mediation centre debuts

The Vietnam International Commercial Mediation Centre (VICMC), the first of its kind set up under a license of the Ministry of Justice, has made its debut. As a member of the Vietnam Society of International Law (VSIL), the VICMC is established and operates for non-profit purposes. ...

Internal, external factors challenge Vietnam’s coffee exports

Numerous challenges are facing the export of Vietnamese coffee, which has continually declined in both volume and value since the beginning of this year.According to Acting Director of Agro Processing and Market Development Department – Nguyen Quoc Toan, Global coffee prices have been affected by ...

Mineral misery: Vietnam salt farmers battered by imports, climate

The work is punishing and the incomes unstable, subject to seesawing demand swayed by foreign imports, and increasingly unpredictable weather patterns.Vietnam produced about one million tonnes of salt in 2015, according to the latest official data, and often clocks surpluses, but it still ships salt ...

AFP

Vietnamese startup wins Startup World Cup 2019 Champion

Vietnamese startup Abivin, which provides AI-powered Supply Chain Optimisation, has been confirmed as the winner of the Startup World Cup 2019 Champion withUS$1 million worth of investment prize.The Ministry of Science and Technology said that Abivin, the only representative from Vietnam, surpassed candidates from more ...

Fitch revises Vietnam outlook upwards to positive

Global credit rating agency Fitch said Vietnam will remain one of the fastest growing economies in the Asia-Pacific region. The firm announced the revision of Vietnam’s outlook to Positive from stable on Thursday, affirming that the country will keep its ‘BB’ sovereign credit rating.The agency ...

Hung Le

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