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"This has made the land market hot with soaring prices, especially in some outlying rural districts which are seeing fast urbanisation including Thach That, Hoai Duc, and Dong Anh," Dinh said. "Some areas in these districts saw land prices increasing by 50% against the prices of 2019 to VND25-VND30 million (USD1,087-USD1,304) per square metre." … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 22

As e-commerce is a field which needs significant capital, Vietnamese businesses without a parent company with strong financial potential would not be able to develop and compete as they are only allowed to access capital from the narrow list of investors announced periodically by the Ministry of Industry and Trade, he said. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20

“While applications of 4IR technologies will help the country move up the value chain in products and services, Vietnam should consider new approaches to ensure inclusion and social protection for entry-level workers, especially those at risk of job displacement, and those who need upskilling,” said Andrew Jeffries, country director for Vietnam of ADB. “Adequate and timely investments in skills development can help the country not only to harness the potential of 4IR to increase productivity but also ensure that 4IR will benefit workers at large.” … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 21

During pyrolysis, organic materials such as straw as a byproduct of rice cultivation are burned efficiently in a tank with little oxygen. As the materials burn, they release little to no contaminating fumes. During this process, the organic material is converted into biochar, a stable form of carbon that cannot easily escape into the atmosphere. The energy or heat created during pyrolysis can be captured and used as a form of clean energy. … [Read more...] about New technological trends for carbon credit investors

Amid the COVID-19 pandemic, the effort to preserve the industry’s OTP rate at 90.9 per cent, up 4.5 per cent compared to the same period in 2019, is a bright signal of service improvement by domestic firms. In addition, thanks to Viet Nam's effective control over the pandemic, the domestic aviation industry has shown its ability to recover quickly. As in December 2020, the total number of flights across the industry has reached nearly 20,000, only 34 per cent less than the same period a year earlier. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17