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In November, the country saw some 13,100 newly-established firms with total pledged capital of VND284 trillion, up 7.3% and 72%, respectively, month-on-month. The new enterprises registered to employ 119,000 people, up 65.3% compared with the previous month. … [Read more...] about Over 120,000 firms newly established in Jan-Nov

Luong Tuan Thanh, chief technology officer of CMC Group, said with the development of products with open source codes, all the expenses related to software copyright will be used to develop human resources. CMC is following this path to develop its specialists and build an open culture. … [Read more...] about Creating ‘digital trust’ with Make in Vietnam open-technology products

According to Nguyễn Thị Hòa, Director of the Banking Strategy Institute, it was necessary to develop the model for co-operation between banks and non-bank retail agents to provide financial services in places where banks had not reached. — VNS … [Read more...] about Steering committee set up to promote financial inclusion

Figures from the General Statistics Office showed that in the first eight months of the year, the number of international visitors to Việt Nam only reached nearly 3.8 million, down 66.6 per cent over the same period last year. Travel tourism revenue in the period was estimated at VNĐ13.1 trillion, a 54.4 per cent year-on-year decrease. … [Read more...] about Hotels for sale due to COVID-19

Vice standing president of Việt Nam General Confederation of Labour Trần Thanh Hải said at a meeting on Monday that the COVID-19 pandemic caused production to stagnate and, thus, enterprises were shut down, suspended or downsized. As a result, workers who stopped working asked for their rights and benefits to be ensured. … [Read more...] about Ninety-one strikes reported in Việt Nam in the first five months of 2020