A man in Hanoi who is facing the death risk due to kidney failure continues to earn money and take care of his ailing wife and three children. Nguyen Xuan Truong from Ca Village in Hanoi’s outlying district of Chuong My is now in critical condition due to kidney failure. However, despite the current scorching hot weather, he tries to sell sugar-cane juice to support the family. … [Read more...] about Ailing couple in Hanoi in desperate need of help
I need immediate financial help
Vietnam’s efforts to improve international trade policy Executive Vice President of the Japan External Trade Organisation (JETRO) Hironobu Kitagawa, who was once JETRO’s Chief Representative in VN, speaks about the country’s efforts to improve its international trade policies. … [Read more...] about Vietnam to help local firms cope with trade remedies
“What we have noticed is that a lot of Vietnamese investors are quite comfortable buying equipment and technology, but [when it comes to] the human input (knowledge, intellectual property, and expertise), they are less willing to pay premium. I think this really is the key thing that needs to change,” said McElhatton of New Zealand G2G Know-How. … [Read more...] about International know-how to help local fruit exports
To deal with the problem, the Ministry of Transport in mid-May started a long-awaited VND7 trillion ($304.35 million) package to upgrade the North-South railway network. However, it will take the railway industry about two years to finish, meaning that the technology application for infrastructure cannot proceed right away. “The upgrading will be completed in late 2021. The railway industry will face difficulties to keep the frequency and capacity of train operation during the period,” VNR chairman Vu Anh Minh told VIR. “Even completed, technology application remains a hard task because of unsynchronous and not-modern-enough infrastructure.” … [Read more...] about BUSINESS NEWS HEADLINES MAY 25
The cuts came amid bank credit growth in the first quarter of only 1.1 per cent compared to 2.28 per cent in the same period last year as many businesses scaled down or stopped operations, experts said. … [Read more...] about VN ready to be world’s factory, but is the world?