Vietnam Investment Review

NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

National Assembly Chairman Vuong Dinh Hue and a high-level delegation met with Prudential PLC.

TCP Group's CEO announced a new corporate plan

During his latest visit to Vietnam, the CEO of TCP Group, the owner of popular Thai energy drinks Red Bull and Warrior, announced the new corporate's business plan.

International School Ho Chi Minh City featured as Leading School in Queen's album

International School Ho Chi Minh City (ISHCMC) has been acknowledged and featured as one of the leading international schools globally in Queen Elizabeth II’s official Platinum Jubilee Pageant Commemorative Album, which was launched on June 5.

Conducting smarter factory processes

Manufacturers are being urged to adapt to Industry 4.0 to increase competitiveness or lose out in the stiffening digital era.
Vietnam primed for circular and sustainable advancement

We only have this planet to live on and need to transition to a circular economy now, asserted the Ministry of Natural Resources and Environment at the Conference for the National Action Plan on Circular Economy on June 28.
Vietnam continues to be one of the top FDI receivers in ASEAN

Vietnam continues to be a magnet to foreign direct investment (FDI) in ASEAN as it is transforming into a production base for tech giants.

Investor puts apartments up for sale before securing land rights

Global manufacturers gradually focus on Vietnam

Plastic use drop hinges on consumers

Applying popular new methods to combat single-use plastic habit

3Vs for gender-inclusive circular era

The world is facing three interlinked planetary crises: a climate emergency, environmental pollution, and biodiversity. Caitlin Wiesen, resident representative of the United Nations Development Programme in Vietnam, explains why each issue needs to be resolved if humanity is to have a viable future on this planet.

New principles deployed for policy funding

The government is boosting the implementation of a gigantic package on supporting enterprises and people to achieve a new growth goal, with a plan to source sufficient funding for the policy.

Vietnam's second-quarter GDP growth hits a decade-long record high

Vietnam's GDP growth accelerated to just over 7.7 per cent in the second quarter of 2022, its highest figure since 2011.

Corporate

CEO Talk Biz Link GE Vietnam Values

USAID cooperates with MPI to ready enterprises for the future

Siemens launches flagship business platform to accelerate digital transformation

Corporate July 02, 2022 | 20:57

USAID cooperates with MPI to ready enterprises for the future

USAID in collaboration with the MPI organised two training workshops for enterprises to improve competition capacity and decrease greenhouse gas emissions.

Corporate July 02, 2022 | 12:50

Siemens launches flagship business platform to accelerate digital transformation

On June 29, global tech giant Siemens AG announced the launch of an open digital business platform, the Siemens Xcelerator, to accelerate digital transformation and value creation for customers of all sizes in industry, buildings, grids, and mobility.

CEO Talk June 04, 2022 | 16:10

Exciting possibilities open up thanks to Nordic expertise

Diversity and inclusion enable everyone to reach their full potential. Thue Quist Thomasen, chairman of the Nordic Chamber of Commerce Vietnam, explained to VIR’s Nguyen Thu how Nordic companies can help develop the next generation of Vietnamese business leaders.

Biz Link July 01, 2022 | 19:30

MTA Vietnam: An exhibition of interest to the engineering and manufacturing community

No attendees have ever felt disappointed about MTA Vietnam, which is considered a prestigious trading platform and a bridge for suppliers and buyers in the manufacturing community in general.

Investing

M&A Outbound Investment 30 years of FDI Investing in Haiphong HOBBIT Investment

Global manufacturers gradually focus on Vietnam

Vietnam going for gold with Fortune Global 500 attraction

Investing July 01, 2022 | 16:25

Global manufacturers gradually focus on Vietnam

Many manufacturers in the global supply chain of major firms are gradually focusing on Vietnam.

Investing July 01, 2022 | 14:59

Vietnam going for gold with Fortune Global 500 attraction

Vietnam targets to attract at least half of the 500 largest global corporations as ranked by Fortune Magazine to offer a presence and operations in this country.

M&A June 29, 2022 | 09:20

Vietnam's OnPoint bags $50 million in Series B from SeaTown

SeaTown has invested $50 million in OnPoint, a Vietnamese e-commerce solutions provider.

Outbound Investment June 15, 2022 | 10:11

VinFast plans to open more than 50 stores in Europe

VinFast has announced its plan to open more than 50 VinFast Stores across Germany, France, and the Netherlands.

Your Consultant

KPMG PwC RSM Vietnam ASL LAW ManpowerGroup Vietnam Indochine Counsel D.lion

Real estate market slowing down, experts divided on bubble risk

Ensuring both clean and profitable agricultural energy

Your Consultant July 03, 2022 | 08:06

Real estate market slowing down, experts divided on bubble risk

As moves are taken to control the credit flow into certain segments, while localities seek to tighten the land lot split, the real estate market could slow down, but experts remain divided on the risk of the bubble bursting.

Green Growth July 01, 2022 | 13:11

Ensuring both clean and profitable agricultural energy

Farming in Vietnam is changing and has to change for many reasons. It must adapt to the effects of climate change, such as sea-level rise, extreme heat, flood, and drought risks.

KPMG June 27, 2022 | 12:22

Family businesses: Continuing the future of a legacy

KPMG Enterprise, in collaboration with the STEP Project Global Consortium, has conducted an in-depth global survey of nearly 2,500 family business leaders. Following that, a series of roundtable discussions with family business CEOs, academics, and advisers were carried out in February, before the survey report was released in May.

PwC June 06, 2022 | 10:01

Key questions business leaders need to address

Last year, we wrote about how the pandemic had accelerated a range of global disruptions and, in our view, those same forces still hold true today, and will continue to set the agenda for private businesses for the medium to long term.

RSM Vietnam June 23, 2022 | 19:44

What businesses should prepare for the tax inspection

As tax authorities are tightening their grip on tax collections, taxpayers in Vietnam need to prepare for the growing number of inspections in the upcoming years.

ASL LAW April 21, 2022 | 09:00

Cleaning up legislation for NFT success in Vietnam

Traditional games are becoming more advanced through blockchain and non-fungible tokens. Pham Duy Khuong, Nguyen Thuy Chung, and Doan Nam from ASL LAW, however, note the many barriers still make the technology difficult to develop and greatly affect investment prospects.

ManpowerGroup Vietnam June 21, 2022 | 17:54

Stakeholders seek sustainable strategies to retain workers

More than 200 business leaders and representatives from authorities met on June 14 to discuss sustainable strategies for attracting and retaining workers.

Indochine Counsel May 05, 2022 | 15:38

Positive scenarios for working capital development

Security over receivables is mainly regulated by the Civil Code 2015 and Decree No.21/2021/ND-CP, as well the Law on Credit Institutions 2010, and its detailing and guiding Circular No. 02/2017/TT-NHNN promulgated by the State Bank of Vietnam (SBV).

D.lion June 20, 2022 | 14:00

A rising star in Vietnam’s gaming sector

By utilising an advanced technology platform, Fight of the Ages has built a fantasy world full of mythological adventure, with a system of non-fungible tokens and characters coupled with a multiplayer online battle arena to create a spectacular experience.

Opinion

Boeing to increase its footprint in Vietnam's aviation market

Michael Arthur

President of Boeing International

Boeing to increase its footprint in Vietnam's aviation market

Journey of thriving sustainability by De Heus and Hung Nhon

Johan van den Ban

CEO of De Heus Vietnam

Journey of thriving sustainability by De Heus and Hung Nhon

Phillip Alexander Wray

General manager of DKSH Pharma Vietnam

DKSH supporting health innovation

Closing the gender gap in Vietnam's e-commerce

Emmanuelle Gounot

CEO of Intrepid Vietnam

Closing the gender gap in Vietnam's e-commerce

Topics

Digital Transformation Healthcare Platform Sustainable Energy Human Capital 4.0 Empowering Women Climate Change Response Special Administrative-Economic Zones Bank Scandals Safe and Sound Vietnam

Emagazine

March 09, 2022 | 21:16

Contributing to Vietnam’s green energy shift (Emagazine)

With over 3,200km of coastline, Vietnam has huge potential for offshore wind power ventures. Stuart Livesey, senior director and head of Copenhagen Offshore Partners in Vietnam, explained to VIR about Vietnam’s wind power market and how the project he is involved in will contribute towards shaping the country’s offshore wind sector.

December 27, 2021 | 07:55

PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

On November 23, 2021, a round table discussion between PetroVietnam and US investors took place with the topic of potential energy investment in Vietnam.

October 13, 2021 | 10:49

Green from the get-go: Gamuda Land’s blueprint for sustainable success in Vietnam

Transitioning to a circular, green economy is no walk in the park – it is a daunting task that requires collective efforts. Dennis Ng Teck Yow, general director of Gamuda Land Vietnam (Hanoi) explained to VIR’s Song Huong the sustainability journey of the Malaysian property developer and how it is making a better Vietnam.

July 13, 2021 | 10:49

Ambassadors of peace

With only around half a year left, Vietnam’s participation as a non-permanent member of the United Nations Security Council (UNSC) soon comes to end. Thus, it is time to take a look at the Vietnamese people who have contributed to the UN’s endeavour of securing peace in the war-torn Republic of South Sudan.

June 10, 2021 | 00:00

SABECO clears house at international beer awards to take local brand to the world

Overcoming hundreds of entries from across the globe, Vietnam's largest brewer SABECO has showed up strong at the Australian International Beer Awards, bringing the local brand into consumers’ minds across the globe.

Green Growth

Energy Efficiency Rethinking Plastics

COP26 President hails Vietnam’s determination in transition to green, renewable energy

Alliances formed in mission to alter behaviours

Green Growth July 01, 2022 | 17:22

COP26 President hails Vietnam’s determination in transition to green, renewable energy

National Assembly (NA) Chairman Vuong Dinh Hue had a meeting in London on June 30 (local time) with UK Cabinet Office Minister and President for 26th United Nations Climate Change Conference (COP26) Alok Sharma who expressed impression at Vietnam’s determination in transition to green and renewable energy.

Rethinking Plastics July 01, 2022 | 14:33

3Vs for gender-inclusive circular era

The world is facing three interlinked planetary crises: a climate emergency, environmental pollution, and biodiversity. Caitlin Wiesen, resident representative of the United Nations Development Programme in Vietnam, explains why each issue needs to be resolved if humanity is to have a viable future on this planet.

Rethinking Plastics July 01, 2022 | 14:19

Alliances formed in mission to alter behaviours

To address the plastic waste issue, the industry and trade sector is adopting increasing efforts to implement Vietnam’s National Action Plan on Management of Marine Plastic Waste, which covers the rest of this decade.

Rethinking Plastics July 01, 2022 | 14:03

Plastic use drop hinges on consumers

High investments in more environmentally-friendly recycling and alternative solutions for plastics and the existing habit of using single-use plastics are challenges that hinder businesses from developing circular economy solutions and promoting sustainable growth.

Rethinking Plastics July 01, 2022 | 13:18

Mainstreaming circular plastic plans

The increased use of plastics has accompanied Vietnam’s fast economic growth over the last decade. With growing urbanisation and a rising middle class, the demand for plastics has grown rapidly in consumer packaging, construction, household goods, and automotive industries because of their convenience and versatility. In 2019, the plastic industry contributed about $17.5 billion to Vietnam’s economy, equivalent to 6.7 per cent of the country’s GDP.

Green Growth July 01, 2022 | 13:11

Ensuring both clean and profitable agricultural energy

Farming in Vietnam is changing and has to change for many reasons. It must adapt to the effects of climate change, such as sea-level rise, extreme heat, flood, and drought risks.

Most viewed

Property

Green Buildings Industrial Properties

Investor puts apartments up for sale before securing land rights

Property July 03, 2022 | 08:09

Investor puts apartments up for sale before securing land rights

The social housing project Lotus Garden at Phu My District (Dong Thap Province) has not been granted a construction permit by the provincial authority, yet the project was still putting apartments up for sale.

Your Consultant July 03, 2022 | 08:06

Real estate market slowing down, experts divided on bubble risk

As moves are taken to control the credit flow into certain segments, while localities seek to tighten the land lot split, the real estate market could slow down, but experts remain divided on the risk of the bubble bursting.

Green Buildings April 13, 2022 | 14:42

IFC subscribes to $44 million bond to promote green housing

On April 12, International Financial Corporation announced it had subscribed to a roughly $44 million bond to be issued by Nam Long Investment Corporation.

Industrial Properties June 14, 2022 | 14:15

Hanoi pushes investment into industrial zones in 2022

Hanoi Industrial and Export Processing Zones Management Authority aims to complete one new industrial zone and finalise investment procedures for others this year.

Money

Insurance Smart Payment Trends Stock Monitor

Shares rebound on the back of securities and large-cap stocks

Vietnam Report announces Top 10 prestigious banks

Money July 03, 2022 | 08:13

Shares rebound on the back of securities and large-cap stocks

Shares rebounded on Friday, aided by gains in the group of securities and large-cap stocks.

Money July 01, 2022 | 16:18

Vietnam Report announces Top 10 prestigious banks

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.

Insurance June 30, 2022 | 21:50

NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

National Assembly Chairman Vuong Dinh Hue and a high-level delegation met with Prudential PLC.

Insurance June 24, 2022 | 14:48

Generali Group toasts Q1's upbeat performance

On June 22, Generali Vietnam released its parent company's first-quarter financial report which highlights excellent profitability and a solid capital position.

Smart Payment Trends June 20, 2022 | 10:19

Visa makes effort to drive awareness of digital pay

Digital payment giant Visa is extending its comprehensive support, especially on Vietnam’s annual Cashless Day on June 16, to drive awareness and usage of digital payments among consumers and businesses across the country.

Smart Payment Trends June 20, 2022 | 08:33

Involve Asia makes its foray into Vietnam

Involve Asia, a platform for partnership marketing in Southeast Asia, has expanded to Vietnam.

Infographics

Travel June 09, 2022 | 20:01

Foreign arrivals to Vietnam surge in five months of 2022

Foreign arrivals to Vietnam surged in the first five months of this year.

Infographics June 07, 2022 | 11:22

Ordinary passports issued online from June 1

The Ministry of Public Security officially issued ordinary passports without electronic chips online for Vietnamese citizens from June 1, 2022.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout July 03, 2022 | 15:52

Hue Festival 2022 ends with shiny gala night

The gala night was held on June 30, officially wrapping up the Hue Festival 2022, marking a week of special and impressive programmes.

Timeout July 01, 2022 | 17:03

Vietnamese second most interested in Asia-Pacific in travelling post-pandemic

Vietnamese travellers are the second most interested in Asia-Pacific (APAC) in travelling in post-pandemic period, with some 85 percent of respondents from the country planning a trip in the next 12 months, a survey by Booking.com found.

Timeout June 28, 2022 | 22:44

Visitors to Phu Quoc surge in June

The number of visitors to the resort island of Phu Quoc, the southern province of Kien Giang, surged strongly in June, with around 140 flights and over 40 ferries and boats carrying tens of thousands of tourists to and from the island each day.

Timeout June 28, 2022 | 08:43

Seminar promotes Danang as the place to come and live

The seminar on spurring Danang’s development as the place to come and live was launched in Danang city on June 27 by VIR in tandem with Sun Group.

Hotels & Restaurants June 27, 2022 | 09:49

Wink Hotels revolutionises new breed of hotels for travellers

Wink Hotels is a new Vietnamese hospitality brand emerging in Indochina that takes a bold approach to affordable luxury in the region.

The Insider April 07, 2022 | 16:48

More Vietnamese businesswomen going digital

Nguyen Thi Tuyet Minh, chairwoman of the Vietnam Women Entrepreneurs Council (VWEC) talked with VIR’s Thai An about the growth of the community, as well as the necessary support required for female entrepreneurs to start and develop businesses successfully in the digital age.

Lifestyle July 03, 2022 | 16:08

Two Vietnamese celebrities arrested for alleged rape of British girl

Two Vietnamese celebrities were arrested on Saturday on the Spanish island of Majorca, accused of raping a 17-year-old British girl

Entertainment June 24, 2022 | 17:24

Culture and food festival welcomes back nightlife lovers

The Saigon Night festival revived the long-awaited nightlife of many cities and provinces across the country after a long time of slumber due to the pandemic.

Videos

Live: Talk show the path to smart factories in Vietnam

Live: Talk show "Innovative Solutions & Substitutes for Single-use Plastic towards Green Consumption"

Live: Talk show to discuss solutions on reducing plastics in retail and services

Vietnam approves strategy on foreign investment cooperation

Vietnam nominated in 10 categories at World Travel Awards 2022

Talk show Reducing Plastics Waste via the Circular Economy

Cabinet meeting discusses socio-economic development

Talkshow Vietnamese NFT game startups attract foreign investors

Key southern economic region a magnet for FDI

Intel plans to increase investment in Vietnam

Conference Strengthening Public-private Partnerships for Sustainable Healthcare Transformation

Sports

Djinn Guild FOTA

Sports July 03, 2022 | 16:14

Vietnam U19s held to goalless draw by hosts Indonesia

The Vietnam U19 national football team started their 2022 AFF U19 Championships with a goalless draw against Indonesia in Bekasi on Saturday.

Sports July 01, 2022 | 17:25

Quang Hai signs two-year deal with French side Pau FC

Vietnam's international star Nguyen Quang Hai has finally completed a move to Europe, signing with French Ligue 2 side Pau Football Club.

Sports June 27, 2022 | 14:22

Red Bull and HAGL FC tournament reveal five fresh football talents

TCP Vietnam collaborated with Hoang Anh Gia Lai Football Club (HAGL FC), to organise the finals of the young talent recruitment tournament.

Sports June 23, 2022 | 17:46

Football midfielder to play for French club

Leading footballer Nguyen Quang Hai has signed a contract with a club of France but he kept its name undisclosed.

Photos

Photos June 16, 2022 | 17:33

Beauty of over 500-year-old tiled-roof bridge in Nam Dinh

The tiled-roof Luong Market Bridge in Hai Anh commune in Hai Hau district is among the most ancient and famous covered bridges in the northern province of Nam Dinh, dating back more than 500 years. It was erected late in the 15th century in an architectural style that features a house on top. It is popular among visitors, especially young people.

Photos June 15, 2022 | 13:59

Hanoi a friendly, safe destination in post-pandemic times

Hanoi's tourism is bouncing back as the capital city is a friendly and safe destination for foreign tourists in the post-pandemic period.

Photos June 14, 2022 | 14:23

Industrial zone workers: realities in low-quality living quarters

Vietnam currently has 260 industrial zones in operation, with 75 more being planned, for over 16 million workers that generate massively for the country’s GDP. Industrial zone and social housing developers currently only meet less than 10 per cent of the

Photos June 06, 2022 | 10:53

Gigantic potter’s wheels at Bat Trang Pottery Museum

Inspired by potter’s wheels intersecting with each other, the Centre for Vietnamese Craft Village Quintessence was built in the heart of the ancient Bat Trang pottery village in Hanoi.

Photos May 16, 2022 | 10:08

The beauty of Lang Co Bay

Lang Co Bay is voted as one of the world's most beautiful bays by the Worldbays Club in 2009. Seen from above, Lang Co looks like the ribbon crossing the ocean.

Society

CSR Swing for the Kids

HCM City collects 7 million USD of taxes, fines from people with Google incomes

Immediate hike risks tackled as inflation squeezes workers

Society July 01, 2022 | 17:57

HCM City collects 7 million USD of taxes, fines from people with Google incomes

Ho Chi Minh City has collected taxes and fines worth a total of 169 billion VND (7.26 million USD) from 38 individuals who earned incomes through Google in the first half of the year.

Society July 01, 2022 | 15:24

Immediate hike risks tackled as inflation squeezes workers

A continued hike in the prices of fuel and input materials for production are expected to drive enterprises and labourers into more difficulties, and affect Vietnam’s efforts to rein in inflation this year.

Swing for the Kids April 18, 2022 | 08:23

Sustaining Vietnamese youngsters' scholastic ambitions

The organisers of the Swing for the Kids golf tournament continued raising funds for the Swing for Kids 2022 Scholarship Fund as well as an integrated auction.

Swing for the Kids April 16, 2022 | 21:01

Award-gala Swing For the Kids golf tournament garnered benevolent donors

The 15th Swing for the Kids charity golf tournament has concluded with nearly $105,000 raised by domestic and foreign donors.

CSR June 22, 2022 | 20:46

Citi Vietnam organised several activities for Global Community Day 2022

Citi Vietnam organised tree planting events and blood donation programmes in both Hanoi and Ho Chi Minh City from June 10 to June 18.

CSR June 10, 2022 | 11:00

The Marq donates over $4,300 to the Vietnam Fatherland Front’s new fund

The Vietnam Fatherland Front in Ho Chi Minh City has just launched an appeal for a fund for the national sea and islands and the fatherland frontline.

World News

Vietnam develops world’s first effective vaccine against ASF: German newspaper

Vietnam’s economic growth accelerates on back of exports, manufacturing: Bloomberg

Taiwan harnesses smart agriculture to promote digital equality for farmers

Vietnam, Australia promote trade, investment partnership

World News July 01, 2022 | 17:32

Vietnam develops world’s first effective vaccine against ASF: German newspaper

Vietnam has developed the world's first commercial safe and effective vaccine against African swine fever (ASF), German newspaper Agrarheute (Agriculture Today) reported on July 1.

World News July 01, 2022 | 17:29

Vietnam’s economic growth accelerates on back of exports, manufacturing: Bloomberg

Vietnam’s economic growth accelerated faster than expected in the second quarter of this year, as a recovery in exports and manufacturing helped offset risks from coronavirus outbreaks and rising oil prices, Bloomberg reported.

World News June 30, 2022 | 10:45

Taiwan harnesses smart agriculture to promote digital equality for farmers

Leading Taiwanese companies have harnessed advanced technologies to promote digital equality for farmers.

World News June 28, 2022 | 22:40

Vietnam joins ASEAN bazaar in Argentina

The Vietnamese Embassy in Argentina, in collaboration with diplomatic missions of Malaysia, Thailand, the Philippines and Indonesia, all members of the Association of Southeast Asian Nations (ASEAN), organised an annual bazaar on June 25, featuring a wide range of their traditional handicrafts, food and musical performances.

World News June 26, 2022 | 12:29

ASEAN, UK launch dialogue partnership

The Association of Southeast Asian Nations (ASEAN) and the United Kingdom convened the inaugural ASEAN-UK Joint Cooperation Committee (AUKJCC) Meeting via videoconference on June 24, marking the start of a formal partnership to strengthen their long-standing ties.

World News June 26, 2022 | 12:25

Vietnam, Australia promote trade, investment partnership

The Australia-Vietnam Business Council (AVBC) held a conference in Sydney on June 23 to promote trade and investment partnerships through the strengthening of the Australia-Vietnam Enhanced Economic Engagement Strategy that was reached between the two countries in late 2021.