hai duong emphasis on foreign investment advances

Hai Duong Emphasis on foreign investment advances

The northern province of Hai Duong, located 60km from Hanoi, closed 2021 with noteworthy socioeconomic achievements. Pham Xuan Thang, member of the Party Central Committee and Secretary of Hai Duong Party Committee, spoke to VIR’s Thanh Tan about the province’s next leaps.
hsbc investing in the future

HSBC Investing in the future

Life rarely moves in a straight line, but new successes are always just around the corner. Tim Evans, CEO of HSBC Vietnam, talked to VIR’s Dung Nguyen about his journey that led him to Vietnam, the country’s challenging 2021, and his optimism in Vietnam in the long term.
south koreans stay at summit of flow charts

South Koreans stay at summit of flow charts

South Korean investors have yet again managed to stay at the top of the food chain in Vietnam’s investment environment in 2021. However, their presence also entails a network of satellite businesses that leave little room for domestic competitors.
govt approves 2021 2025 national target programme on sustainable poverty reduction

Gov’t approves 2021-2025 national target programme on sustainable poverty reduction

Permanent Deputy Prime Minister Pham Binh Minh has recently signed a decision approving the national target programme on sustainable poverty reduction for the 2021-2025 period with total funding of at least 75 trillion VND (3.3 billion USD).
caav allowed to decide domestic flight frequency in upcoming holiday

CAAV allowed to decide domestic flight frequency in upcoming holiday

The Civil Aviation Authority of Vietnam (CAAV) has been allowed to decide on the frequency of domestic flights to meet the travel demand during the upcoming Tet (Lunar New Year) holiday, under a document signed by Deputy Minister of Transport Le Anh Tuan.
investment into startups soaring to a 5 year high

Investment into startups soaring to a 5-year high

In the past two years, the number of transactions into startups has increased to the highest level in the past five years, reaching 108 investment deals.
national assembly to cut at least 2 per cent of vat for certain goods and services

National Assembly to cut at least 2 per cent of VAT for certain goods and services

The National Assembly approved to decrease VAT by 2-8 per cent this year, applied on certain goods and services currently taxed with 10 per cent.
vinfast led a 80 million funding round in israel based fast charge ev battery startup storedot

VinFast led a $80 million funding round in Israel-based fast charge EV battery startup StoreDot

A coalition of international investors, including VinFast of Vingroup, has funded $80 million in StoreDot, an innovative firm that builds fast-charging electric car batteries.
philippines reports at least 75 deaths as typhoon rai hits

Philippines reports at least 75 deaths as Typhoon Rai hits

The death toll from Typhoon Rai - the strongest storm to hit the Philippines this year - has risen to at least 75, according to official statistics announced by local authorities on December 19.
bottlenecks could put paid to pepper

Bottlenecks could put paid to pepper

Pepper prices have been skyrocketing to the highest level since 2018 – but with a lack of supply, many pepper growers have put little trust in the black seeds and even reduced plantations to be less dependent on the fluctuating market.
knight frank establishes new subsidiary in vietnam

Knight Frank establishes new subsidiary in Vietnam

Global real estate advisor Knight Frank has established a new subsidiary in Ho Chi Minh City, Vietnam to partner with long-term resident and market leader, Alex Crane, formerly of Crane & Company and Cushman & Wakefield, who becomes managing director effective from December 13.
home credit vietnam and standard chartered vietnam launch entrustment lending programme

Home Credit Vietnam and Standard Chartered Vietnam launch entrustment lending programme

Home Credit and Standard Chartered Bank today entered into a partnership agreement to launch an entrustment lending programme in Vietnam, a ground-breaking initiative that promises to enhance affordable access to finance for millions of Vietnamese consumers, driving greater financial inclusion in the country.
vietnam boosts fisheries cooperation with france promotes agricultural potential

Vietnam boosts fisheries cooperation with France, promotes agricultural potential

Minister of Agriculture and Rural Development Le Minh Hoan worked with leaders of the Ministry of Agriculture, Agrifood, and Forestry of France during Prime Minister Pham Minh Chinh’s official visit to the European nation.
astrazeneca vietnam awarded for excellent leadership and human resources

AstraZeneca Vietnam awarded for excellent leadership and human resources

AstraZeneca Vietnam has been recognised with two Vietnam Excellence awards, adding to the company’s impressive list of achievements in its three-decade journey of accompanying Vietnam’s health sector.
close control of debt augurs well for budget

Close control of debt augurs well for budget

An expansion in expenditure for supporting enterprises should help shore up Vietnam’s financial security, and not leave public debt in the lurch this year.