Vietnam Investment Review

The spillover effect creates waves for satellite eco-urban projects in the East of Ho Chi Minh City

Due to the growing scarcity of new supply in downtown, homebuyers are moving to the surrounding areas bordering Ho Chi Minh City, which boasts satellite urban projects with modern amenities and complete infrastructure.

Japanese retail giant AEON targets to list on Vietnamese stock exchange

Besides its listing plan, AEON Group is promoting Vietnam's goods exporting to Japan and other international markets.

Bamboo Airways to file for IPO in Vietnam and New York next year

Bamboo Airways, a subsidiary of FLC Group, has announced plans to list on Vietnam's UPCoM and the New York Stock Exchange in 2022.

Resolution upgrade sought to craft transparent debt market

Five years of banking reform are at risk of being wiped away if the bad debt ratio rises again, requiring new legislation for debt settlement with judicious changes to the present framework. Nevertheless, the detrimental influence of the pandemic is not predicted to significantly lower banks’ profit adjustment, credit growth, or net interest margin.
Vietnam’s exports to hit almost $535 billion by 2030

"Future of Trade 2030: Trends and markets to watch" by Standard Chartered projects that global exports will almost double over the next decade.
Businesses give back in times of need

An online seminar is taking place this week to discuss methods to empower and encourage the business community in Vietnam, with those involved already expressing their appreciation for continued government support.

Vietnam, Japan hold environmental policy dialogue

Japan, RoK, Taiwan welcome back Vietnamese guest workers

Vietnam, Czech Republic boost cooperation in auto manufacturing

Vietnam records 8,616 new COVID-19 cases on November 15

HPA holds tax training conference on Circular No.80/2021/TT-BTC

HPA held a training seminar on the new circular guiding the implementation of the Law on Tax Administration and Decree No.126/2020/ND-CP.

Pressure on to develop feed materials

Struggling with the sharp increase in the price of animal feed materials, the husbandry industry has a headache figuring out solutions for long-term, sustainable development.

Policy credit aids the fight against COVID-19

The active engagement of VBSP has provided ample support the government’s efforts to combat the pandemic and protect the most vulnerable in society.

Corporate

CEO Talk Biz Link GE Vietnam Values

Vietnam’s exports to hit almost $535 billion by 2030

EuroCham campaign breathes life into nation’s frontline forces

Corporate November 30, 2021 | 12:07

Vietnam’s exports to hit almost $535 billion by 2030

"Future of Trade 2030: Trends and markets to watch" by Standard Chartered projects that global exports will almost double over the next decade.

Corporate November 30, 2021 | 11:27

EuroCham campaign breathes life into nation’s frontline forces

With an aim to join efforts with the Vietnamese government in the prolonged pandemic battle, the European Chamber of Commerce’s (EuroCham) “Breathe Again Vietnam” campaign has received generous donations from European enterprises and individual investors, with more in the pipeline.

CEO Talk November 23, 2021 | 08:00

The opportunity for cloud-driven economic recovery in Vietnam

Digital technology and cloud computing services can catalyse economic recovery by enabling organisations to adapt nimbly to ever-changing circumstances.

Biz Link November 30, 2021 | 12:20

Renova Cloud – Conquering Vietnamese market with AWS Cloud

With a highly integrated team with proven capabilities, Renova Cloud is accelerating the success of businesses in Vietnam with AWS Cloud.

Investing

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

Manufacturing and processing driving Thai Nguyen

Biz Link November 29, 2021 | 15:31

Manufacturing and processing driving Thai Nguyen

Thanks to the efforts of the leadership, the business community, and local residents in implementing the government’s targets on pandemic containment and socioeconomic development, the northern province of Thai Nguyen has posted upbeat achievements in the year to date.

Investing November 29, 2021 | 12:07

Dong Thap tourism model gets upgrade

Businesses in the Mekong Delta province of Dong Thap are actively promoting tourism services and agricultural products on e-commerce platforms to adapt to changing needs.

M&A November 25, 2021 | 11:49

Mapletree Logistics to purchase $1 billion assets in China, Japan, and Vietnam

Mapletree Logistics Trust is expected to purchase assets in China, Japan, and Vietnam for more than $1.03 billion due to robust e-commerce demand.

Outbound Investment September 29, 2021 | 11:44

Vietnam eyes 32.4 per cent jump in outbound investment so far this year

In the first nine months, Vietnam pumped $572.3 million of total investment into new and supplemental capital ventures abroad, a 32.4 per cent jump on-year.

Your Consultant

KPMG PwC Indochina Capital RSM Vietnam ASL LAW Nam Dinh Vu IP ManpowerGroup Vietnam Indochine Counsel

A special journey to deepen India-Vietnam ties

KPMG exclusive #1: Major tax and legal changes on horizon

Your Consultant November 29, 2021 | 16:28

A special journey to deepen India-Vietnam ties

Vaibhav Saxena, a renowned Indian expert, discussed with Bich Thuy his special journey in Vietnam and the future economic opportunities between the countries.

KPMG November 26, 2021 | 11:52

KPMG exclusive #1: Major tax and legal changes on horizon

In the first interview on KPMG Tax and Legal Institute, Hoang Thuy Duong, head of Tax of KPMG in Vietnam shares regulatory and tax complexities facing Vietnam.

KPMG November 26, 2021 | 11:52

KPMG exclusive #1: Major tax and legal changes on horizon

In the first interview on KPMG Tax and Legal Institute, Hoang Thuy Duong, head of Tax of KPMG in Vietnam shares regulatory and tax complexities facing Vietnam.

PwC September 27, 2021 | 22:14

PwC report: Time needed to implement IFRS 17 has increased

PwC’s IFRS 17 Health Check Survey 2021: Asia-Pacific shows fewer respondents think they can fully implement the reporting standard by the effective date.

Indochina Capital April 26, 2021 | 09:51

Bank and real estate giants team up

Indochina Kajima Development Ltd., a joint venture from Indochina Capital and Kajima Corporation, last week signed a strategic partnership with VietinBank with the aim to provide the market with innovative real estate that addresses both current and future demands.

RSM Vietnam September 27, 2021 | 10:15

A dedicated partner in client communication

RSM Vietnam would like to congratulate Vietnam Investment Review for always being a reliable companion of the firm and the business community in general.

ASL LAW September 27, 2021 | 17:12

Supporting policies in Vietnam’s social insurance

Currently, many enterprises face difficulties due to having to suspend business, reduce labour, or change business structure entirely in order to ensure production and maintain operations, and the problem of social insurance is often one of the more painful issues for them.

Nam Dinh Vu IP October 27, 2021 | 12:25

IPs with seaports will have the advantage in attracting new-generation FDI flows

Shipping took the throne after COVID-19 disrupted the transport industry, while new FTAs are creating new opportunities for industrial real estate.

ManpowerGroup Vietnam October 29, 2021 | 15:04

Sustainable employment under digital transformation and the pandemic

Simon Matthews, regional manager of ManpowerGroup Vietnam, Thailand and Middle East discussed workforce trends and skills under the digital age and COVID-19.

Indochine Counsel November 02, 2021 | 08:05

Comparative guide on cryptocurrency legislations and guidelines in Vietnam

Steven Jacob, foreign associate and Thai Gia Han, junior associate from Indochine Counsel shared about cryptocurrency legislation in Vietnam.

Opinion

AkzoNobel: 140 years of more than just making powder

Maximilien Schréder

Regional commercial director for the Powder Coatings business

AkzoNobel: 140 years of more than just making powder

VinaCapital – growing sustainably with Vietnam

Don Lam

Co-founder and CEO of VinaCapital

VinaCapital – growing sustainably with Vietnam

Tan Hiep Phat rises strongly thanks to bravery and creativity

Tran Uyen Phuong

Deputy CEO of Tan Hiep Phat Group

Tan Hiep Phat rises strongly thanks to bravery and creativity

Electrolux to empower green living by 2030

Tomasz Sypytkowski

General manager Vietnam of Electrolux

Electrolux to empower green living by 2030

Topics

COP26 - Together for Our Planet Healthcare Platform Digital Transformation Human Capital 4.0 Sustainable Energy Empowering Women COVID-19

Emagazine

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.

May 24, 2021 | 16:28

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.

April 09, 2021 | 07:00

Vietnam trekking tour wakes up all senses of veteran hotelier

Erwin R. Popov was born to be a hotelier with his family having a long tradition in hospitality management. He has worked for more than 35 years in the hotel industry. He has traveled to 128 countries around the world.

March 30, 2021 | 13:46

Vibrant Central business districts Phu My Hung – The 2nd Central business districts of Ho Chi Minh City

Cardinal Court, the latest residential development by Phu My Hung, is promising to bring enormous benefits for its residents thanks to its prime location in one of the most bustling central business districts.

Green Growth

Energy Efficiency Rethinking Plastics

Securing a clean energy future for all of Asia-Pacific

CME Solar and Swiss responsAbility fund cooperate in clean energy in Vietnam

VSSES wins innovative sustainability project of the year at Solar Future Awards 2021

Overseeing bolder commitments in line with the country’s greener intentions

Offering a direction for the nation’s climate change efforts

Green Growth November 29, 2021 | 11:35

Securing a clean energy future for all of Asia-Pacific

The message for the world from the recent COP26 meeting in Glasgow is clear – we must reduce greenhouse gas emissions and one of the biggest sources is energy. But how do we balance the growing need for energy across Asia-Pacific, with the imperative to reduce such emissions?

Green Growth November 27, 2021 | 16:35

CME Solar and Swiss responsAbility fund cooperate in clean energy in Vietnam

CME Solar Investments (CMES), one of the country’s leading renewable energy developers, has completed the transaction of debt financing from leading impact investment fund responsAbility Investments AG (responsAbility).

Green Growth November 26, 2021 | 17:09

VSSES wins innovative sustainability project of the year at Solar Future Awards 2021

VSSES has been conferred the Innovative Sustainability Project of the Year award at the Solar Future Awards Ceremony 2021 on November 9 in Vietnam.

Green Growth November 26, 2021 | 09:00

Setting the course for emissions cuts

While the necessary course for a greener and more sustainable future in global energy policies seems set, Vietnam’s energy transition faces budgetary and capacity challenges, both of which need to be overcome with suitable solutions.

Green Growth November 25, 2021 | 14:00

Overseeing bolder commitments in line with the country’s greener intentions

The commitment of Vietnam at the COP26 climate summit to achieve the target of net zero carbon emissions by 2050 is consistent with the trend of green recovery post-pandemic and the human-centred economy that the resolution of the 13th Party Congress has just adopted.

Green Growth November 25, 2021 | 12:15

Offering a direction for the nation’s climate change efforts

This month Vietnam announced strong commitments to tackling climate change, including the target to achieve net zero emissions by 2050. Terence D. Jones, resident representative a.i. in Vietnam for the United Nations Development Programme, talked with VIR’s Thanh Thu about the country’s significant commitment.

Most viewed

Property

Green Buildings Industrial Properties

The Opera Residence – Exclusive lifestyle for the elite

CapitaLand Development named Best Sustainable Developer in Vietnam by PropertyGuru

Property November 29, 2021 | 15:00

The Opera Residence – Exclusive lifestyle for the elite

The Opera Residence, the most beautiful component of The Metropole Thu Thiem, offers immeasurable living values for the elite.

Property November 29, 2021 | 14:59

CapitaLand Development named Best Sustainable Developer in Vietnam by PropertyGuru

CapitaLand Development has clinched several coveted titles at the PropertyGuru Vietnam Property Awards 2021.

Green Buildings October 24, 2021 | 16:06

Promotion of energy efficiency in residential and commercial buildings

The MoC and the UNDP co-organised a conference to announce the final results of the EECB project and discuss the future of energy-efficient and green buildings.

Industrial Properties November 16, 2021 | 09:06

SLP announces second logistics development in Vietnam

SLP Park Long Hau broke ground on its second logistics project in Long An province, reinforcing its long-term commitment to the Vietnam market.

Money

Insurance Smart Payment Trends Stock Monitor

Resolution upgrade sought to craft transparent debt market

Prompt adjustments ensure remedy for enterprises

Coverage November 30, 2021 | 12:09

Resolution upgrade sought to craft transparent debt market

Five years of banking reform are at risk of being wiped away if the bad debt ratio rises again, requiring new legislation for debt settlement with judicious changes to the present framework. Nevertheless, the detrimental influence of the pandemic is not predicted to significantly lower banks’ profit adjustment, credit growth, or net interest margin.

Money November 30, 2021 | 11:53

Prompt adjustments ensure remedy for enterprises

The economic crisis caused by the spread of the COVID-19 pandemic has prompted an extraordinary response in Vietnam, driven by monetary and fiscal policy.

Insurance November 29, 2021 | 15:28

Generali confirmed in Dow Jones world and Europe sustainability Indices

Generali Group has been confirmed in the Dow Jones Sustainability World Index and the Europe Index, ranking among the global top 5 five in the insurance sector.

Insurance November 21, 2021 | 05:45

Generali Group posts upbeat third-quarter performance

Generali Group is fully on track to successfully complete the Generali 2021 strategic plan with excellent profitability and strong growth.

Smart Payment Trends August 25, 2021 | 13:18

Smart payments increasingly gain ground among Vietnamese consumers

A recent Visa study showed that smart payments are gaining traction in Vietnam, focusing on small ticket purchases.

Smart Payment Trends July 21, 2021 | 17:26

Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly.

Infographics

Infographics November 18, 2021 | 10:01

Vietnam - reliable destination for foreign investors

Vietnam has become a reliable destination for foreign investors. By October 20, 2021, the country had 34,266 valid projects with total registered capital of over 404 billion USD.

Infographics November 14, 2021 | 12:04

Cuc Phuong named Asia's leading national park

Cuc Phuong, a famous tourist destination and natural attraction near Hanoi, was named Asia's leading national park at the 2021 World Travel Awards.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout November 29, 2021 | 16:45

Sigh of relief as tourists arrive again

After many delays, flights carrying nearly 1,000 international tourists with vaccine passports have landed at international airports in Khanh Hoa, Danang, and Phu Quoc as the international tourism market in Vietnam finally returns, albeit on a cautious scale.

Timeout November 23, 2021 | 11:02

HCM City proposes welcoming international visitors next month

The Ho Chi Minh City People’s Committee has proposed the city welcome fully vaccinated foreign tourists from December in a document submitted to the Prime Minister and the Ministry of Culture, Sports and Tourism.

Timeout November 15, 2021 | 20:37

"Live fully in Vietnam" campaign welcomes back international visitors

The Vietnam National Administration of Tourism (VNAT) has officially launched a campaign called "Live fully in Vietnam" to welcome international tourists back to five destinations in the country.

Timeout November 12, 2021 | 09:46

Mish-mash of conditions serve up tourism confusion

Regulations on travel and medical conditions are not consistent across localities, causing many tourists to be confused, while companies face difficulties in preparing their tours.

Hotels & Restaurants November 30, 2021 | 11:41

Hospitality giants based in ideal getaways ready for business

The hospitality sector is preparing to welcome tourists following the pilot vaccine passport programmes, contributing to reinforcing Vietnam’s image as a safe destination.

The Insider October 09, 2021 | 08:00

Getting ready for visitor influx with pilots

With Vietnam looking to reopen for tourists, new vaccine passports and the gradual easing of travel restrictions are high on the agenda.

Lifestyle November 03, 2021 | 10:37

Boosting national and regional capacity for women’s empowerment

The pandemic has put at risk and reversed the hard-won progress on gender equality and women’s rights and empowerment in Vietnam and around the world. COVID-19 has been particularly detrimental for women as it exposed gender gaps in the economy and social structures.

Entertainment November 18, 2021 | 08:14

Cinemas, karaoke bars, and spas to resume operation in Ho Chi Minh City

Cinemas, karaoke bars, and spas are among the remaining banned businesses that can resume normal operations in Ho Chi Minh City's green zones.

Videos

Food shopping trends change due to social distancing

MPI leader highlights principles for economic recovery solutions

Domestic tourists to Phu Quoc on the rise

President delivers speech at APEC CEO Summit 2021

Health Minister urges localities to speed up COVID-19 vaccinations

Flexibly adapting to pandemic and recovering production

Cat Linh-Ha Dong metro line begins commercial operation

PM Pham Minh Chinh meets French President

Vietnam, UK sign 26 cooperation deals

PM works with leaders of AstraZeneca

PM calls for commitments to reducing greenhouse emissions

Sports

Sports November 26, 2021 | 13:00

Tuchel's Chelsea the example for Man Utd to follow

The 12-point gap between Premier League leaders Chelsea and Manchester United after just 12 games finally cost Ole Gunnar Solskjaer his job as the Red Devils manager, but the Blues provide the inspiration for what United could still achieve this season.

Sports November 26, 2021 | 11:35

Real Madrid target statement win over Sevilla in La Liga battle

Real Madrid will need to capitalise on their excellent run of form to extend their lead at the top of La Liga when they face third-placed Sevilla on Sunday.

Sports November 23, 2021 | 20:53

Spanish great Ramos finally poised for PSG debut

Spanish great Sergio Ramos could make his long-awaited first appearance for Paris Saint Germain in Wednesday's Champions League group match with Manchester City.

Sports November 23, 2021 | 20:30

Man Utd malaise runs deeper than failed managers

Manchester United have finally bitten the bullet and sacked Ole Gunnar Solskjaer, but the move appears unlikely to address the deeper eight-year malaise at the club that dominated English football for two decades.

Photos

Photos November 23, 2021 | 09:58

Hanoi to launch new housing projects

The capital city of Hanoi is expected to launch 11 new housing projects in the fourth quarter of this year, providing the market with 7,900 apartments. The new condominiums are located in the districts of Gia Lam, Hoang Mai and Tu Liem.

Photos November 14, 2021 | 11:32

Bac Lieu prioritises renewable energy

The Mekong Delta province of Bac Lieu has chosen renewable energy as one of its top priorities, aiming to restructure the economy towards green growth and sustainable development.

Coverage September 30, 2021 | 18:13

Businesses prepare for "new normal"

After more than four months of social distancing, enterprises are preparing to gradually resume operations and embrace the "new normal".

Photos September 22, 2021 | 16:58

First mobile market opens for people in green areas of District 5

On September 22, Ho Chi Minh City opened a mobile market to serve people in "green areas" who had been vaccinated in Ward 3, District 5.

Photos September 21, 2021 | 11:05

Ho Chi Minh City looking ahead with lockdown easing

Vietnam is step-by-step controlling the COVID-19 outbreaks and is starting to consider conditional easing of restrictions as the country shifts its focus to adapting to and living with the pandemic.

Society

Swing for the Kids CSR

Responsibility in communities lends hand to pandemic efforts

Hanoi's high school students may return to school next month

Coverage November 25, 2021 | 09:00

Responsibility in communities lends hand to pandemic efforts

More than 800,000 businesses in Vietnam have actively contributed and supported the nation’s COVID-19 vaccine fund and many more have indirectly helped local communities to ensure nobody is left behind.

Society November 23, 2021 | 10:42

Hanoi's high school students may return to school next month

Given that the COVID-19 vaccination for children goes on at an expected pace, high school students in Hanoi will be allowed to return to school in December, Deputy Director of the municipal Department of Education and Training Pham Xuan Tien said on November 22.

Swing for the Kids September 27, 2021 | 11:00

A positive approach with a deeper understanding

My predestined relationship with Vietnam Investment Review began around 27 years ago and started with a rejection. Graduating from the Faculty of International Journalism of the Moscow State Institute of International Relations in 1994, I was eager to return home and apply at VIR for my first job.

Swing for the Kids September 27, 2021 | 11:00

Keeping it simple in order to match giants of the press

One can take a wild ride down many alleyways when reading about the history of the press, particularly in regards to Britain’s famed print industry, but news always boils down to covering the essentials. VIR’s Ray McRobbie offers his take on what is the most important when it comes to publishing topical content.

CSR November 22, 2021 | 16:00

Alphanam Green Foundation building on its social activities

Alphanam Green Foundation is aiming to inspire more initiatives towards attaining sustainable development.

CSR November 22, 2021 | 13:46

PVFCCo fostering responsible and practical sharing

Recognising the country’s difficulties in combating the pandemic and the agricultural industry’s challenges confronting farmers, PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) has endeavoured to maintain the tradition of responsibility and sharing through practical social security programmes.

World News

Vietnam, Japan issue joint statement toward opening new era in bilateral extensive strategic partnership

German journal highlights Vietnamese stock market’s prospects

ADB approves 500 mln USD loan for Indonesia’s economic recovery

Singapore to enter next phase of reopening

Thai gov’t approves new 2022 tourism campaign

ASEAN, Canada launch negotiations for Free Trade Agreement

World News November 25, 2021 | 12:01

Vietnam, Japan issue joint statement toward opening new era in bilateral extensive strategic partnership

Vietnam and Japan on November 24 issued a joint statement toward the opening of a new era in the bilateral extensive strategic partnership for peace and prosperity in Asia on the occasion of Prime Minister Pham Minh Chinh’s official visit to Japan from November 22-25.

World News November 24, 2021 | 13:30

German journal highlights Vietnamese stock market’s prospects

German securities news site Börse-online.de on November 22 ran an article highlighting the high prospect of the stock market of Vietnam and the Vietnamese economy after COVID-19, underlining that the Southeast Asian country may grow 8 percent next year.

World News November 23, 2021 | 09:34