DataStax partners with FIMO to empower Vietnam’s smart city expertise
HCMC – DataStax, the real-time data company, has signed a memorandum of understanding (MoU) with FIMO, a research center in smart city solutions, to improve Vietnam’s information and communications technology (ICT) workforce on March 16. FIMO aims to harness DataStax’s solutions, including the
Greenization gains ground in business employment
HCMC – Half of the green job demand since 2022 has come from the manufacturing sector, followed by the energy, agriculture and technology industries, according to employment solutions firm ManpowerGroup Vietnam. Cutting back on sustainability spending could make a business less appealing to the
FDI sector’s foreign trade down in Jan-Feb
HCMC – Sharp drops in new orders led the foreign direct investment (FDI) companies achieving only US$68.2 billion in import and export value in the first two months of this year, falling by US$9.15 billion against the same period last year. Recent data of the General Department of Vietnam Customs
Govt sells VND36.6 trillion bonds in February
HCMC – The Vietnam State Treasury (VST) has raised nearly VND36.6 trillion from the auctions of 12 lots of G-bonds in February, showed data from the Hanoi Stock Exchange. Most of the bonds come with terms of 10 and 15 years, accounting for 52.19% and 45.21% of the total bond sales, respectively.
Thorough research required for HCMC-Can Tho railway project
HCMC – The management board of railway projects and consultants need to thoroughly study the HCMC-Can Tho railway project and evaluate all factors in line with the law on investment, said the Ministry of Transport. The Transport Ministry asked the management board of railway projects and
Nine more prosecuted over Covid-19 repatriation flights
HCMC – A former official at the Vietnamese Embassy in Malaysia and eight other individuals, including seven business leaders, have been prosecuted over their alleged involvement in repatriation flights conducted during the height of the Covid-19 pandemic. The Ministry of Public Security (MPS) said
Four state-owned banks cut deposit rates
HCMC – Vietnam’s big four state-owned commercial banks today, March 15, lowered their 12-month-term deposit interest rate by 20 basis points to 7.2%, just a day after the central bank decided to lower key interest rates. The four banks are the Vietnam Joint Stock Commercial Bank for Industry and
Gov’t to devise favorable policy for tourism: PM
HCMC – The Government would work out policies to tackle difficulties facing the tourism sector, said Prime Minister Pham Minh Chinh. He was speaking during a national conference held this morning, March 15, to find ways to step up tourism recovery and development. Though Vietnam sees tourism an
Vietnam Airlines set to add domestic, int’l flights
HCMC – Vietnam Airlines Group, including Vietnam Airlines, Pacific Airlines and VASCO, will make more than 20 million seats available for domestic and international flights between April and October, up 25% year-on-year, to meet the surging travel demand. Of the total, over 14 million seats will
Renewable energy investors concerned about electricity pricing mechanism
HCMC – Investors of transitional solar and wind power plants have written to the prime minister expressing concerns that the electricity pricing mechanism would cause possible disruptions of their financial plans. Due to the severe impact of Covid-19, 84 renewable energy projects with a total
Defense Ministry’s help sought to deal with vehicle inspection overloads
HCMC – The Ministry of Transport has asked the Ministry of National Defense for help to cope with excessive workloads at automobile registration and inspection centers, especially those in Hanoi and HCMC. The Ministry of Transport proposed the vehicle registration and inspection facilities under
Vinh Hao-Phan Thiet expy project behind schedule
HCMC – The Ministry of Transport has agreed to reschedule the completion date of the Vinh Hao-Phan Thiet expressway project, which will run through Binh Thuan Province, to June 30 this year, two months later than previously planned. The ministry’s Project Management Unit 7, the project’s investor,
