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Vietnamese firms can and should buy into FDI peers, PM says

Seamstresses work at a foreign invested garment factory in Vinh Phuc province.

PM Nguyen Xuan Phuc said Thursday that domestic enterprises should actively acquire stakes in foreign domestic investment (FDI) companies. Speaking at a conference on “30 years of FDI mobilization,” he said this would be a strategically sound move. By leveraging the current market and distribution channels that the FDI firms …

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Vietnam donates $100,000 for disaster relief work in Indonesia

Residents stand in front of a damaged shopping mall after an earthquake hit Palu, Sulawesi Island, Indonesia, September 29, 2018.

Vietnam will hand over Vietnam in aid to Indonesia as it deals with the quake-tsunami disaster on Sulawesi Island. The donation is aimed at helping Indonesia to overcome the consequences of the disaster, Vietnam’s Ministry of Foreign Affairs said in a statement on Tuesday. The 7.5-magnitude earthquake last Friday triggered …

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Vietnam Coast Guard ship makes first visit to India

Ship CBS 8001 docks at Chennai port, India.

A Vietnam Coast Guard ship began its maiden visit to India Tuesday, aiming to strengthen cooperation in addressing maritime security threats. The CBS 8001 reached the coast of Chennai City after traveling 3,575 nautical miles from Hanoi, the New Indian Express reported. Major-General Nguyen Van Son, Commandant of Vietnam Coast …

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US warns of new hacking spree from group linked to China

The U.S. government on Wednesday warned that a hacking group linked to the Chinese government has launched attacks on technology service providers. The Department of Homeland issued a technical alert for the group, known as cloudhopper, which it said was engaged in cyber espionage and theft of intellectual property, after …

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Do Muoi was crucial to Doi Moi’s success: economist

Vietnam's former Party leader Do Muoi (R) speaks to locals in Thanh Tri District outside Hanoi in 2000.

Former Party leader Do Muoi tackled tough problems with openness, honesty, determination and a willingness to learn from mistakes. Recalling and recounting the attributes that he saw up close as an economist assistant to Do Muoi, Le Duc Thuy, 70, said the former Party leader was key to the success …

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International artists to gather at Month of Art Practice

A part of the exhibition Utopia Land, the result of the Month of Arts Practice last year.

The project Month of Arts Practice 2018 (MAP) called Visible/Invisible has begun in Hanoi, gathering local and foreign artists. MAP is an annual Heritage Space project initiated by artist Tran Trong Vu, which aims to create space to practice new art ideas, with interaction between international and Vietnamese artists. MAP …

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HCM City must pick up economic pace

HCM City’s economy needs to pick up pace to achieve this year’s growth targets, a meeting held yesterday to review socio-economic development in the first nine months heard.

HCM City’s economy needs to pick up pace to achieve this year’s growth targets, a meeting held yesterday to review socio-economic development in the first nine months heard. “Vietnam will suffer a lot because of the trade war between the US and China, and HCM City must have plans to …

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