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However, tough challenges are ahead for the city’s industry and trade sector. They come from the curtailment of industrial production as most of the large production facilities move out of the central city, and limited investment in high-tech industry and weak development of supporting industry. Besides, attracting investments in local industrial parks is not an easy task since industrial land leasing costs in Hanoi are higher than those in localities in the vicinity such as Ha Nam, Hoa Binh and Hung Yen. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20

Addressing a ceremony marking the force’s 75th anniversary (February 21) in Hanoi on January 19, PM Phuc stressed that to fulfill the heavy responsibility assigned by the Party, State, Ministry of Public Security, and people, the public security intelligence force needs to be well aware of the situation and their tasks while closely following and effectively serving the Party and State’s leadership and governance. … [Read more...] about VIETNAM NEWS JANUARY 20

In September, 2019, Wang Qing Lin illegally entered Vietnam to work. One month later, Lin was fined VND4 million (USD173.91) for not completing the necessary entry procedures as required. After returning to China, Wang Qing Lin was told by a man named Xiao Hua to join the online visual stock market. Being promised to receive the monthly payment of CNY5,000, Lin agreed with the deal. On November 9, 2019, Wang Qing Lin illegally entered Vietnam again by road through an unidentified man. After re-entering Vietnam, Wang Qing Lin was taken to the central city of Danang by a Vietnamese person who has not yet been identified. In Danang City, with the support of Nguyen Thi Yen, 26 and Le Thi Toan, 38, Wang Qing Lin stayed in different areas in the city. During the stay in Danang, Wang Qing Lin used his mobile phones, iPads and laptops to operate an illegal visual stock website in China. On August 15, 2020, Wang Qing Lin and two other Chinese residents namely Li Jin Xi and Su Jin Shu were found … [Read more...] about Chinese man sentenced 18 months in prison due to illegal entry into Vietnam

With seven main branches across the country, 156 stores, and more than 1,500 sales intermediates, Biti’s have created more than 9,000 jobs and the annual output of 20 million pairs of shoes. In China, Biti’s established four offices, 30 distribution of commodities, and 300 sales points. Meanwhile, in the promising Cambodian market, Biti's established Cambo Trading as its main distributor. … [Read more...] about Biti’s – a Vietnam Value Programme honoured “Journeys will lead you home” messages

After 45 years of operation, Saigontourist has built a strong brand with a large workforce and 18 branches across the country. Moreover, the company has accelerated online and offline operations with diverse products to create a solid foundation to reach out to the global market. In the long-term, the firm is also thinking about opening branches overseas. … [Read more...] about Saigontourist successfully navigates bumpy road to take award at Vietnam Value Programme