Vietnam News Economy

The Government's focus on having high-quality AI and semiconductor engineers create opportunities for technology students, but how to get them ready for international workplaces is the question experts are pondering.

Deputy Prime Minister Trần Hồng Hà met with leaders from the China Railway Construction Corporation (CRCC) and the China Railway 16th Bureau Group Co., Ltd. (CRCC16) in Hà Nội on October 11, expressing interest in learning from China’s extensive experience in railway construction.

Many large private enterprises have proactively transformed their operations, investing boldly in new industries and pioneering innovative business models focused on sustainability and the circular economy.

The total fine for the three cases was nearly VNĐ523 million (US$21,000).

Electricity of Vietnam (EVN) has announced an increase in the average electricity retail price by 4.8 per cent, effective from October 11.

On the Hồ Chí Minh Stock Exchange (HoSE), the benchmark VN-Index rose by 2.03 points, or 0.16 per cent, to close at 1,288.39 points, recording its fourth consecutive gain.

Prime Minister Phạm Minh Chính has commended Australia’s Southeast Asia Economic Strategy to 2040, stressing that ASEAN’s development cannot be achieved without Australia’s active contributions, particularly from private businesses.

A proactive approach to biosecurity, involving applying biosecurity measures to prevent, control, and eliminate pathogens, is far more effective in protecting herds, experts said at the Biosecurity Asia Forum held in HCM City on Thursday.

HCM City is focusing more on attracting remittance from overseas Vietnamese into the city’s socio-economic development through many policies, including issuing bonds for infrastructure projects.

Unleashing Southeast Asia's tech potential involves not only adopting technology but also unlocking people's creativity and ambition to build a sustainable digital economy for the region, said Thanussak Thanyasiri, Managing Director of KBTG Việt Nam at a summit in HCM City.

The upcoming event will bring together over 70 exhibitors from the US, the EU, Japan and China. They will showcase glue, adhesive and sealant for the construction industry, wood products and handicrafts, textiles, footwear, electronic components and semiconductors. 

Minister of Construction Nguyễn Thanh Nghị said that the construction industry has achieved positive results in the first nine months of 2024 compared to the same period in 2023.

The festival will take place in the area around Trần Phú Square in Nguyễn Du Ward, Hà Tĩnh City.

Assa Abloy Group inaugurated its US$30 million factory covering 4.3 hectares in Hải Phòng II Industrial Park.

The Việt Nam-Republic of Korea Business Forum held on Wednesday in HCM City saw nearly 200 businesses from the two countries discuss cooperation opportunities.

The ministry is speeding up the compilation of the Law on Digital Technology Industry, which aims to create a favourable environment for digital technology companies to make breakthroughs and expand their international reach.

A majority of companies are willing to offer higher salaries for AI candidates compared to other positions.

A majority of banks have lowered their profit expectations for 2024.

HCM City's economy grew 7.33 per cent in the third quarter of the year, mostly driven by advancements in the industrial and services sectors, according to the General Statistics Office.

The newly approved plan for managing and exploiting State-owned railway infrastructure is key to enhancing and boosting the performance of the Việt Nam Railway Corporation (VNR).