News

Vietnam labor costs highest among ASEAN comparators

In a report on enhancing enterprise competitiveness and enhancing small and medium-sized enterprise (SME) linkages, it says Vietnam’s labor costs are higher than in comparable Southeast Asian peers. It defines labor costs for each firm as the cost of all payments to all workers divided by the ...

Hanoi to host 2019 Future of Finance Vietnam

The Future of Finance Vietnam forum, which seeks to nudge the financial sector into adopting digital technology, will take place on January 10.The organizer, The Asian Banker, said the event, with the theme “Unlocking the potential in Vietnam’s Digital Economy”, would look at the financial ecosystem being ...

Consultation workshop focuses on Population Strategy till 2030

The General Office for Population and Family Planning under the Ministry of Health on December 20 held a consultation workshop on a Vietnamese Population Strategy until 2030, drawing representatives from ministries, sectors, localities, and international organisations.Speaking at the event, deputy head of the General Office ...

Vietnam is Asia’s hottest investment destination—Forbes

An article published by US magazine Forbes named Vietnam the hottest investment destination in Asia. According to the article, Vietnam attracted US$17 billion in FDI commitments last year, arguably the largest for an emerging market relative to its $250 billion GDP. In the first quarter of 2018, ...

English as an official language in Vietnam: would it work?

Opinion is not divided on the desirability of learning English, but making it an official language is easier said than done.At the Youth Entrepreneurship Forum 2018 last month, Minister of Information and Communication Nguyen Manh Hung suggested that the Prime Minister should soon recognize English ...

Corruption report hotlines launched

The Government Inspectorate’s Anti-Corruption Bureau has launched two hotline numbers and an email address to receive public reports on corruption.Complaints related to corruption cases can be reported through a phone call to 08048228 (during working hours) or a message to 0911156161.The bureau also receives reports through ...

Vietnam's National Assembly plays an active role in the implementation of SDGs

The conference themed “The National Assembly and the sustainable development goals” was co-organized by National Assembly of Vietnam, Inter-Parliamentary Union (IPU) and United Nations Development Programme in Da Nang on December 17The UN Sustainable Development Goals (SDGs) are both objectives and a chance for lawmakers to show ...

Vietnam calls for inclusive Mekong – Lancang cooperation

Deputy Prime Minister and Foreign Minister Pham Binh Minh on December 17 joined FMs of Cambodia, Laos, Myanmar, Thailand and China at the fourth Mekong – Lancang Cooperation (MLC) Foreign Ministers’ Meeting in Vientiane, Laos.Speaking at the event, Deputy PM Minh appreciated efforts made by ...

Vietnam becomes member of UN Commission on International Trade Law

Vietnam has for the first time become a member of the United Nations Commission on International Trade Law (UNCITRAL), singing up for a six-year term.The Southeast Asian country won 157 out of 193 votes at an election during the 73rd session of the UN General ...

COP24’s last-minute compromise to save Paris Agreement – Victory of multilateral efforts

Crunch negotiations have successfully concluded in Poland, with a consensus reached on steps taken to implement the 2015 Paris Agreement on climate change. With nearly 200 countries and territories adopting a common agenda for the future of the planet, it’s also seen as a major ...

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