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VLA chairman warns of fiercer competition in logistics

VietNamNet Bridge – The chairman of Vietnam Logistics Business Association (VLA) has notified that local logistics firms will have to cope with tougher competition in a very near future when Vietnam opens the market wider for foreign companies as part of the country’s further regional and global integration. The aircraft of Vietnam Airlines and Jetstar are seen at Tan Son ... Read More »

World giants lead Vietnam advertising

Vietnamese advertising companies needed to be more professional with an improved attitude to customer services so they could compete with international firms. This opinion was voiced by Do Kim Dung, director of the Vietnam Advertising Research and Training Institute. Vietnam is considered a potential market for the advertising industry, shown by the presence of six leading global advertising and communications ... Read More »

Dam bosses keep eye on drought

Hydro-electricity plants will adjust their operations to provide enough water for agriculture production and domestic use in the lowlands of Thu Bon-Vu Gia rivers. This was stated by leaders of the Ministry of Agriculture and Rural Development and Electricity of Vietnam (EVN) on May 10. The move aims to respond to the urge of leaders of central Quang Nam Province ... Read More »

Japan to invest in industries in Vietnam

The Japanese Government has pledged to invest in six key industrial sectors in Vietnam. The money will go towards household electricity, food processing, shipbuilding, agricultural machinery, environment and energy saving and the automobile and spare part production industry. Nguyen Thi Tue Anh, head of the Central Institute for Economic Management’s Business Environment and Competitive Capacity Department, said the selected sectors ... Read More »

FPT wins 1 mln USD Laos contract to develop network centre

FPT IS, a subsidiary of software giant FPT, has announced it has won a one-million USD software contract from Lao Telecommunications Company to develop a network operation centre in Laos. To win the contract, FPT IS had to overcome bids by leading telecommunications providers from China and Thailand. The centre is a software application developed by FPT that will open ... Read More »

Bank merger talks continue

A possible merger between Ho Chi Minh City Development Bank and DaiABank revealed two weeks ago was ignored at DaiABank’s annual shareholder meeting on May 10. Only 52 percent of shareholders attended the function in southern Bien Hoa City, but major shareholders were noticeable by their absence. Talks are expected to reopen on May 29, said a spokesman for DaiABank. ... Read More »

Mobile users to change providers, keep digits

Mobile users to change providers, keep digits Customers shop for mobile phones in Ha Noi. The Ministry of Information and Communications has announced that mobile phone users will be able to change network providers without swapping their mobile numbers, but not yet … from January 1, 2017. — VNS Photo Truong Vi HA NOI (VNS)— The Ministry of Information and ... Read More »

Telcos told to improve service

Telcos told to improve service Customers are given information on Vinaphone’s 3G service. An industry survey revealed that 45 per cent of 3G subscribers were dissatisfied with service quality. — VNS Photo Truong Vi HA NOI (VNS)— Mobile operators have been instructed to increase the quality of the services they provide after an industry survey revealed that 45 per cent ... Read More »

Hard times put accountants out of work

Hard times put accountants out of work HA NOI (VNS)— The growing number of bankrupt enterprises has led to many chief accountants being thrown out of their jobs in Viet Nam. Some facing financial difficulties have even lowered their salary level to try and get work. Nguyen Kieu Linh told VnExpress online that she worked for a trade and service ... Read More »

Cashew industry faces crunch

Cashew industry faces crunch Workers at Phu Yen Province’s Hoa Dinh Dong Co-operative process cashews for export. Cashew processors and exporters face many problems, such as short supply, high raw material prices and falling export prices. — VNA/VNS Photo The Lap. HCM CITY (VNS) – Cashew processors and exporters are facing problems like short supply, high raw material prices, and ... Read More »