Business

Chinese tech giant Alibaba has sought to distance itself from a face-recognition software feature devised by its cloud computing unit that could help users to identify members of the country's Muslim Uighur minority.

Electronics manufacturer Foxconn of Taiwan (China) has initiated plans to move part of their assembly line for iPad and MacBook products from China to Vietnam following a request made by tech giant Apple.

Eurasian Economic Union (EAEU) countries pledged to provide a tariff quota of 10,000 tonnes of rice from Vietnam next year under the Vietnam-EAEU Free Trade Agreement.

Farmers in the central region are facing difficulties preparing flowers and bonsais for the Tet Holiday due to Covid-19 and flooding.

The Asian Development Bank (ADB) on Tuesday signed an $8 million loan with Vietnam's Imexpharm Corporation to help the company sustain its production of generic medicines despite global supply disruptions caused by the coronavirus disease (COVID-19) pandemic.

The Japan Centre for Economic Research (JCER) has predicted that Vietnam will become an upper-middle-income country in 2023, and its GDP will surpass that of China’s Taiwan in 2035.

The Business Association of High Quality Vietnamese Products, and the Vietnamese High Quality Products – Global Integration Standards project have launched https://vnprogis.com/ to connect producers of Vietnamese high-quality goods with the international market.

The Vietnam Software and IT Services Association (VINASA) on Dec. 14 awarded 101 Information and Communication Technology Companies, with 80% of them using and promoting Industry 4.0 technology.

Vietnam sent 54,307 guest workers abroad in the first 11 months this year, a year-on-year decrease of 59.1%, official data showed.

The Ministry of Finance has announced the State budget estimates for 2021, which target over 1.34 quadrillion VND (58.2 billion USD) in State budget revenue.

The garment sector has set targets of earning 55 billion USD from export and generating 3 million jobs by 2025.

Prime Minister Nguyen Xuan Phuc on December 13 attended a groundbreaking ceremony for an infrastructure building and trade project at Lien Ha Thai industrial park in the northern province of Thai Binh.

Facebook has removed 2,311 posts that violated Vietnamese laws from its platform since the beginning of the year, up by 400 per cent compared to the whole of last year.

The first major signs of a resumption of investment activity have emerged in the real estate market with new brand names entering and others expanding their portfolios in Vietnam.

Minister of Industry and Trade Tran Tuan Anh and UK Secretary of State for International Trade Liz Truss signed the agreed minutes on the conclusion of negotiations over the UK-Vietnam Free Trade Agreement.

Retail petrol prices rose from 4pm on December 11 following the latest review by the Ministry of Industry and Trade and the Ministry of Finance.

The Viet Nam Business Forum has teamed up with the Government, ministries, agencies and business community to put forward many practical recommendations and initiatives to help improve the country’s business climate throughout the past 23 years.

The Vietnam Chamber of Commerce and Industry announced its list of 100 sustainable enterprises in Vietnam based on the corporate sustainability index (CSI) at a ceremony held on December 11.

The government has agreed to extend the completion date of the Cat Linh-Ha Dong metro project in Hanoi to March 2021.