Business

The promulgation of Circular 03/2018 standardizes the legal procedures for outward investment activities, which has helped state management agencies improve their management over projects outside Vietnam and create favorable conditions for investors to do business overseas. The promulgation of Circular 03/2018 standardizes the legal procedures for outward investment activities, which has helped state management agencies improve their management over projects outside Vietnam and create favorable conditions for investors to do business overseas. … [Read more...] about Vietnam’s outward investment rebounds

Instead of injecting money into the real estate or service sector which allows profit after a short time, Vietnam’s most powerful corporations are investing in the processing and manufacturing industry. To Van Nhat, CEO of Amaccao, said seven years ago, he realized that many Vietnamese were willing to spend big money to buy expensive products from Europe. He decided to build a factory with modern equipment to make products in Vietnam. … [Read more...] about Big investors pouring money into Vietnam’s manufacturing industry

Again, Anh found himself knocking on every single door, only to find out that some students had moved to other places with their parents, while others were forced to quit as their parents were holding a misconception that being basically literate is enough for their children.    … [Read more...] about Young man brings joy of learning to poor kids in Ho Chi Minh City

Most notably, the country’s iron and steel exports to the European nation experienced a 27-fold annual increase during the four-month period, grossing a total of US$2 million. In spite of enjoying rapid growth, this product accounts for a very small proportion of turnover to the German market, therefore it does not make a huge difference to the overall export figure. … [Read more...] about Vietnamese iron and steel exports to Germany surge sharply

The event aimed to help Vietnamese people and those of Vietnamese origin in Germany to gain success in their learning and research, and maintain or seek jobs during and after the pandemic. It was attended by representatives of the Vietnamese Embassy in Germany, speakers from the VGI, and an audience of over 200. Speakers at the webinar said the coronavirus pandemic has shaken the economy of not only Germany but also the whole world. It also poses latent risks that may cause unpredictable consequences in the time ahead. They cited experts as forecasting that unemployment will surge while new difficulties, challenges and obstacles will emerge in the labour market. Particularly, it will be harder for students who graduate in 2020 to seek jobs compared to those graduating in previous years. At the seminar, speakers also informed about the result of an online survey of employment-related concerns and demand among Vietnamese and Vietnamese-origin students, postgraduates and experts … [Read more...] about Webinar gives career advice to Vietnamese in Germany amid pandemic