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Vietnam ranks fifth globally in instant noodle consumption

The Hanoitimes – With the population of nearly 95 million in 2018, a Vietnamese consumes nearly 55 instant noodle packets per year, higher than the world’s leading nations in instant noodle consumption, including China with an average of 31 packets for person, Indonesia with 46.4 and Japan with 45.8. Vietnam consumed 5.2 billion instant noodle packets […]

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Well-structured law to channel foreign investment into Vietnam’s infrastructure

The Hanoitimes – Private investors, especially foreign investors, remain skittish about investing in infrastructure projects due to high risks, long-term payout schedules, and site clearance issues   The Vietnamese government is trying to lure investors to the country’s infrastructure development projects amid limited public funding and experts believe the investors will come if the government can […]

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Vietnam faces challenges in implementing new generation FTAs

The Hanoitimes – Labor force quality is still a main obstacle for Vietnam to overcome. The enforcement of new generation free trade agreements has required Vietnam to overcome several obstacles, especially sub-standard labor force quality, to enable it optimize huge potential of the deals, experts said. New generation FTAs, including the EU-Vietnam Free Trade Agreement (EVFTA), […]

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Vietnam skilled labour squeezed by Sino-US trade war

HO CHI MINH CITY/HANOI: A new front has opened in the U.S.-China trade war as companies shifting manufacturing to Vietnam engage in a fierce battle for skilled labour, aggravating an existing shortage and prompting calls for education reforms to address the problem. Vietnam has emerged as one of the largest beneficiaries of the trade spat […]

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