localities on first step towards training microchip labour force

Localities on first step towards training microchip labour force

A number of localities are coordinating with manufacturers to train workers for the semiconductor industry, mostly in the basic stages of assembly and testing.
current vat rate may remain for foreseeable future

Current VAT rate may remain for foreseeable future

The government is to ask the National Assembly to continue with its current VAT rate of 8 per cent until the year’s end as part of the country’s efforts to assist enterprises currently facing operating obstacles.
us government hosts ai workshop in ho chi minh city with key partners

US government hosts AI workshop in Ho Chi Minh City with key partners

The US Department of State and the Atlantic Council, in partnership with the Ministry of Science and Technology, Vietnam, are hosting the inaugural AI Connect II Regional Workshop in Ho Chi Minh City from April 22-24, featuring participants from 15 Asia Pacific countries.
outlook positive for vietnams wind power

Outlook positive for Vietnam's wind power

Vietnam witnessed some positive developments for wind power projects, reflecting the country's commitment to transition to net-zero by 2050.
support framework will help mass relocation efforts

Support framework will help mass relocation efforts

After more than 60 years of operation, the government has approved the relocation of Bien Hoa 1 Industrial Park to a new site. Meir Tlebalde, CEO and Nguyen Vu Anh, head of Industrial and Business Development at Sunwah Kirin Vietnam, share their recommendations to support enterprises while moving to the new site.
outlook for pharmaceutical stocks in 2024

Outlook for pharmaceutical stocks in 2024

At a macro level in which there is still complexity, the pharmaceutical industry is expected to continue witnessing positive business results in 2024.
li bai restaurant reopens after uplifting renovation

Li Bai restaurant reopens after uplifting renovation

Sheraton Saigon Grand Opera Hotel’s Cantonese restaurant Li Bai has finally reopened after an extensive two-month renovation, boasting contemporary new interiors that perfectly complement the innovatively-redefined Cantonese delicacies.
sbv outlines restructuring plans for troubled scb

SBV outlines restructuring plans for troubled SCB

During a press briefing on April 19, Dao Minh Tu, Geputy Governor of the State Bank of Vietnam (SBV), detailed the government’s strategy for aiding the beleaguered Saigon Commercial Bank (SCB).
nam long group gears up to capture market

Nam Long Group gears up to capture market

As Nam Long Group (NLG) confidently gears up its expansion into other real estate segments, it's newly appointed CEO Lucas Ignatius Loh Jen Yuh spoke with VIR’s Bich Ngoc about the group’s development strategy for the next phase of its development.
u11 football teams compete for nestle milo cup 2024

U11 football teams compete for Nestlé Milo Cup 2024

Nestlé MILO continues its sponsorship of the Under 11 (U11) National Youth Football Tournament for 2024, conveying a message of endurance and perseverance through football for the younger generations of Vietnam.
moit proposes scheme to boost renewable energy procurement

MoIT proposes scheme to boost renewable energy procurement

The Ministry of Industry and Trade (MoIT) has put forward a proposal that would allow manufacturers to directly procure electricity from renewable energy plants, either through Vietnam Electricity (EVN) or independently.
central bank to resume gold bar bidding after 11 years

Central bank to resume gold bar bidding after 11 years

The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.
boeing says testing of 787 proves aircraft is safe

Boeing says testing of 787 proves aircraft is safe

Boeing defended its safety practices Monday, touting aircraft testing protocols as it girds for a tough congressional hearing featuring critics of the embattled aviation giant.
experts give insight into vietnams retail sector

Experts give insight into Vietnam's retail sector

Vietnam's specialised retail sector is witnessing transformative change driven by a burgeoning and increasingly digitalised middle class, along with the growing appetite of overseas investors with new sources and ways of financing. Christophe Péron, partner of Index Partners, and James Miles-Lambert, executive chairman of Maison Retail Management International (Maison RMI) outline how this sector is developing.
australia strengthens climate and energy cooperation with vietnam

Australia strengthens climate and energy cooperation with Vietnam

Australia's Assistant Minister for Climate Change and Energy Jenny McAllister will travel to Vietnam to drive cooperation on climate and the energy transition under the recently signed Comprehensive Strategic Partnership and Australia’s Southeast Asia Economic Strategy to 2040.