Vietnam, Alibaba Partner in E-Commerce
Jun. 12 – The Vietnam Industry and Trade Information Center and Alibaba Group, the world’s largest e-commerce company, have agreed to develop e-commerce in Vietnam. The deal will allow Vietnamese suppliers to be introduced on Alibaba’s online exchange, where buyers and sellers around the world can connect to do business. Moreover, it would help ease […]
Vietnam-Thailand Direct Overland Trade Now Possible
Jun. 11 – Direct overland shipments between Vietnam and Thailand are now possible through a regional customs transit system that eliminates the need for re-loading in Lao PDR. The direct route along the East-West Economic Corridor begins from Danang, Vietnam, passing through Savannakhet, Lao PDR then on to Thailand. This is the first time that […]
Vietnamese Company Bags IATA Award
Jun. 10 – The Vietnam Air Navigation Services Corporation (VANSCORP) was awarded the International Air Transport Association’s (IATA) Eagle Award for the Most Improved Air Navigation Service Providers (ANSP) during the 65th IATA Annual General Meeting held in Kuala Lumpur, Malaysia last Monday. “VANSCORP has improved greatly in its 15-year history characterized by a strong […]
U.S. Firm to Develop Resorts in Danang and Dalat
Jun. 9 – American hotel and leisure company, Starwood Hotels and Resorts Worldwide, has partnered with Saigon Invest Group to built two resorts in Danang City and Dalat town. These projects will include a 330-room Le Meridien Danang Resort and Spa on more than 8.4 hectares of land. The project will have an investment capital […]
Report: Salaries in Vietnam are the Lowest in the Region
Jun. 8 – According to a Japan External Trade Organization (JETRO) report, the amount spent by companies on wages, land rent and power in Vietnam last year was competitively lower compared to other countries in the region. The report looked at last year’s business costs in 30 cities across the region. It said that Japanese […]
Vietnam Implements Policies to Promote Tourism
Jun. 8 – In an effort to boost tourism, Vietnam is implementing new policies to cut taxes and offer value added tax refunds to tourists. Deputy Minister of Culture, Sports and Tourism Huynh Vinh Ai speaking at a recent forum held in Ho Chi Minh City, said that cars with 25 seats or more meant […]
Cambodia to Open 3 New Border Crossings with Vietnam
Jun. 5 – Cambodia is set to open additional border crossings with Vietnam by next month to encourage more tourism and trade between the two countries. When the new border crossings are open it will allow more vehicles to arrive per day from the previous 150 to 500. The news was announced by Cambodia’s Minister […]
New Deal Brings Serious Money to Vietnamese Soccer
Jun. 5 – In signs that commercial sport is increasing in value in Vietnam, Haiphong Cement FC, who play in the country’s 14 club senior V-League, have just signed former World Cup winning Brazilian superstar Denilson, once the world’s most expensive player. Denilson, who broke the world record transfer fee when Real Betis paid Sao […]
Vietnam, One of the Top 10 Offshoring Destinations in the World
Jun. 4 – According to U.S. consultancy group, A. T. Kearney, Vietnam ranks as one of the ten most attractive offshoring destinations in the world. Vietnam’s ranking climbed by 9 places to number 10, from a ranking of 19th place in 2007. In its 2009 report, Kearney cited that Vietnam’s software processing industry is expanding […]
Ministry to Help in Pending FDI Disbursement
Jun. 3 – Vietnam’s Ministry of Planning and Investment announced that it would help Ho Chi Minh City focus on its top 50 foreign direct investment (FDI) projects that are pending disbursement. These projects will impact the city’s economic and social situation in the coming time but are facing difficulties in disbursement, Phan Huu Thang, […]