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Hanoi (VNA) – Vietnam is attracting a record number of Singaporean businesses which continue to look for opportunities to expand their operations abroad despite the ongoing COVID-19 pandemic. Enterprise Singapore (ESG) said it has supported more than double the number of internationalisation projects for enterprises looking to expand their operations into Vietnam since 2018. From January to October 2020 alone, ESG supported 56.9 percent more projects year on year across sectors such as ICT and media, professional services, and education. ESG assistant CEO Tan Soon Kim said since the launch of the Singapore Business Federation's [email protected] November last year, the initiative received the highest volume of enquiries for regional overseas business ventures on Vietnam. Traditionally, Singapore firms that are keen to invest in or expand to Vietnam in the fields of infrastructure and urban solutions, but in recent years there has been growing interest in the areas of … [Read more...] about Vietnam becomes top pick for Singaporean firms

Hanoi (VNS/VNA) – Vietnam has missed some economic development opportunities and should not ignore the chance to grow the night-time economy, according to economist Tran Dinh Thien. Thien was speaking at a night-time economy workshop with the focus on tourism and realty development in the southern province of Khanh Hoa last weekend. “Vietnam is a bright spot in the midst of the COVID-19 pandemic. While the world economy is dark, the local one is still bright and stable,” he said, adding “it is a very great opportunity for development.” He said Vietnam has lost many economic development opportunities in the past, including for the night-time economy. Thien said though some cities such as HCM City, Hanoi, and Da Nang had night-time economic activities, there is still no official mechanism to develop modern night urban activities. Thien said some cities have been allowed to pilot mechanisms and policies for night-time economic development. “Khanh … [Read more...] about Vietnam urged to develop night-time economy

However, there is confidence in the robust management of the Vietnamese government in keeping the country safe, and also the determination of businesses to adapt, survive, and grow. This means that there are bright spots in Vietnam’s economy, and which in turn creates investment and M&A opportunities. … [Read more...] about Awards bestowed during Vietnam M&A Forum 2020

The regional programme assesses student learning outcomes at primary Grade 5, with its key focus being to support member countries in developing robust learning assessment systems, enabling them to monitor student learning outcomes, thereby contributing to a more equitable and meaningful education for all children across the region. Accordingly, among the six participating countries Vietnam, Laos, Cambodia, Malaysia, Myanmar and the Philippines, primary school students in Vietnam ranked first in all three competencies surveyed, namely Reading, Writing, and Mathematics. Specifically, in the Reading domain, the SEA-PLM survey measured student competency across six levels, in which Vietnamese students showed the highest average competency level of 6/6. The percentage of Vietnamese students achieving the 6th level of competency is 82%. Malaysia ranked second with 58% of students achieving the 6th level of competency. The percentages of the remainder were all below 10%. In terms of … [Read more...] about Vietnam ranks first among region’s primary school student learning outcomes: report

The move is part of an effort to boost car sales, which plummeted in the first five months of this year due to the impact of the Covid-19 pandemic, and auto brands might consider lowering prices of imported cars to compete, analysts said. … [Read more...] about Vietnam cuts auto registration fee by half