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Banking major students in Vietnam fear of becoming redundant

Not only the students studying at domestic universities, but the ones graduating from foreign schools also find it difficult to get the jobs in the banking and finance sector nowadays. The dream of banking students Finishing the Hanoi Foreign Trade University in 2011, one of the most reputable schools in Vietnam, Vu Duc Hai immediately […]

Vietnam Business Registration To Be Streamlined

Business registration red tape is to be a thing of the past. Service should be improved and fees will increase under a new system for handling business registrations The process of business registration, previously regarded as simply a state management function, will be regarded as a service starting from December 10, 2012, under the Ministry of Finance (MoF) newly enacted Circular 176/2012/TT-BTC. Organizations and individuals register businesses shall have to pay increased charges set at a level sufficient to cover expenses instead of the current nominal fee level. Under current regulations at Circular 197/2006/TT-BTC, organizations and individuals in need of...

Vietnam Ministry Seeks Ways To Stem FDI Decline

HCM CITY(VNS) — The Ministry of Planning and Investment is seeking effective measures to prevent the decline of direct foreign investment (FDI) in the country, according to a report in Dau Tu (Investment) newspaper. Viet Nam attracted US$10.49 billion of FDI by the end of October this year, accounting for only 75.3 per cent compared with the same period last year. Of the total, 881 newly licensed projects had registered $6.68 billion, a year-on-year decrease of 36.7 per cent, and 359 on-going projects expanded their investment capital of $3.8 billion, a year-on-year...

Cambodia, a potentially lucrative market for Vietnam

Exporting Vietnamese products to Cambodia is beneficial to both countries, however, in order to hold onto this market, Vietnamese firms must remain proactive and consistently advertise their brands and improve quality of their products and services. In the last few years, Vietnamese exporters have seen Cambodia as a potentially lucrative market for investments and consumer products. Because most consumer goods in Cambodia are imported, Vietnam can easily fulfill this void and offer products of quality, better design and price. According to Vu Thinh Cuong, commercial counselor of Vietnam in Cambodia, trade between Vietnam and Cambodia reached US$2.8 billion last year...

Vietnam’s Overseas Study Consultancy Put Under No Control, Students Suffer

The number of students becoming the victims of overseas study consultancy firms’ trickeries has been increasing. Meanwhile, the firms cannot be prosecuted for their swindling, because there has been no regulation on the punishments.

Foreign investors give up “golf course dream” in Vietnam

VietNamNet Bridge – Some years ago, foreign investors flocked to southern provinces to seek the opportunities to develop golf course projects. And now they hurry to quit the projects. Daewoon says goodbye to Da Phuoc project? The Da Nang City People’s Committee has decided to remove the plan to develop the 18-hole golf course on a 66 hectare land plot in the Da Phuoc International Urban Area. The project’s South Korean investor Daewon Cantavil, reasoning the economic difficulties, has got the permission from the city’s authorities to focus on developing the urban area instead of the golf course. The city’s authorities...

Vietnam MOET to lower floor marks to rescue private schools

(0 votes, average 0 out of 5) The Ministry of Education and Training (MOET) has released a new decision offering school admission preferences to the students from the three difficult areas. The new policy aims to increase the number of students following university education in some special areas. Under the recently released decision which will become a policy to be applied nationwide from 2013, the students in the northwest, central region and the west of the southern region would still be able to enroll in universities, even though the marks they got from the latest university entrance exams were lower than the...

The Process Of Screening Economic Groups Kicks Off In Vietnam

The dissolution of the two economic groups VNIC and HUD is believed to mark the anticipated failure of the model of state owned economic groups. The Vietnam Infrastructure Development and Construction Corporation (VNIC) and the Vietnam Housing and Urban Development Holdings (HUD) do not exist any longer after a decision by the Prime Minister on […]

Medical schools in Vietnam require high-quality input material, makes low-quality products

VietNamNet Bridge – The poor material facilities cited by medical schools is not the only reason behind the low training quality of the schools. Experts believe that the most important reason lies in the teaching method. Medical schools choose wrong students? Medical schools only accept the students who obtain very high marks from the university entrance exams. This means that only brilliant students can be enrolled in the schools. Therefore, it’s enigmatic why the brilliant students can become average or bad physicians after they finish the schools. B, a fifth year student of a medical student, who was in the...

Tien Lang case: Former district vice chair arrested

VietNamNet Bridge – Hai Phong City Police said today, October 22, that Mr. Nguyen Van Khanh, former Vice Chair of Tien Lang district has been prosecuted and will be detained for four months for “damaging property”. Earlier, on January 5, 2012, the Tien Lang District's People's Committee used force to take back the lagoon of Mr. Doan Van Vuon, in Vinh Quang commune, Tien Lang district, because his land leasing contract had expired. However, Vuon and his family had acts against the law enforcement forces and injured six policemen and soldiers. On January 6, the home of Mr. Doan Van Quy (Doan Van Vuon’s...