Belarussian JV to manufacture motor cars

Belarus will establish a joint venture manufacturing motor cars in Vietnam to cash in on growing local demand. A meeting between Deputy Minister of Transport Le Dinh Tho and Ambassador of Belarus, H.E. Vladimir Goshin, heard that based on the protocol signed between the two governments in March 2016, the “MAZ-Asia” joint venture is now going to take shape. Belarus is also completing the necessary procedures to export completely-built-up (CBU) motor cars to Vietnam.

Vinamilk the best place to work

Vinamilk replaced Unilever at the top of Vietnam’s 100 Best Places to Work 2017, which was announced on March 22. Following was Nestle Vietnam, Viettel, Vietcombank, and Coca Cola. Themed “Believing in Change”, the announcement ceremony brought together over 600 CEOs and HR managers from leading companies in Vietnam. Jointly conducted by Anphabe Company and Intage Vietnam, the survey was based on criteria such as salary, bonuses, welfare, professional development, culture and values, leadership, work-life balance, and company reputation.

Hue airport to raise capacity

Annual capacity at Phu Bai International Airport in the central city of Hue will be upgraded to 5 million passengers, based on forecast higher passenger numbers over the next several years. The plan includes upgrading Terminal T1 to have an annual capacity of 5 million passengers, along with the apron and other facilities.

Automation to cut footwear jobs

Vietnam’s long-term growth as a leading shoe exporter is forecast to come at the expense of job losses for up to 15 per cent of the industry’s workers because of automation. The country exported over 1 billion pairs of shoes in 2017, accounting for 7.4 per cent of shoe exports worldwide, according to figures from the Vietnam Leather, Footwear and Handbag Association (Lefaso).

Ninja Van begins official operations after trial

Singaporean logistics provider Ninja Van, which specializes in delivery services for online and conventional retail outlets, has announced official operations in Vietnam, having entered the market on a trial basis at the end of 2016, Ms. Phan Xuan Dung from Ninja Van in Vietnam said on March 21. It will use new investment mobilized in January to expand its Vietnam operations. It operates in a format similar to Grab and Uber, working with drivers for shared revenue, and has joined forces with over 1, 000 drivers to date. It currently delivers more than 300,000 parcels a month, becoming a delivery partner of e-commerce providers such as Lazada, Sendo and Tiki.

Vietnam Startup Wheel now open to all

The Vietnam Startup Wheel 2018 contest will be open to all people around the country, instead of only students as previously, according to the organizer. Different from the 2017 contest that was for Vietnamese citizens aged 18 to 35, Startup Wheel 2018 accepts entries from all people, notably scientists and students who are pursuing or have completed their overseas studies. The Startup Wheel this year creates a playground with more practical and meaningful activities for scientists from institutes or schools with feasible scientific products and practical applications that can be commercialized, and for students with startup ideas developed in Vietnam.

Deputy PM calls for report on new payment services

Deputy Prime Minister Vuong Dinh Hue has asked relevant bodies to report on pilots applying new payment services to the Prime Minister before April. The State Bank of Vietnam, in conjunction with other relevant bodies, must scrutinize and build up legal frameworks for the management and pilot application of the services. The new payment services will mainly relate to public services such as tax, electricity, water, tuition, hospital fees and social and public welfare programs.