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Consumer confidence in economic recovery reaches five-quarter high
15-05-2024 12:17
Fuelled by a positive economic outlook, consumer confidence in Vietnam's economic progress has rebounded to its highest level in over a year, according to a report by Kantar Worldpanel Vietnam.
Condotel conversion must avoid infrastructure pressure
14-05-2024 14:52
Although the conversion of some condotels to apartments has been approved in Vietnam, worries have been outlined over population density knock-on effects which may create pressure on urban infrastructure.
Public debt plan laid out towards 2026
14-05-2024 10:56
Vietnam’s scheme for borrowing and paying public debt has been outlined, with diverse sources of loans in the pipeline and public debt set to stay within the permissible limit.
Masan Group and SK plan gradual stake sale over two years
10-05-2024 17:11
Masan Group and SK Group have outlined a phased divestment strategy over the next 24 months, alleviating concerns about a sudden sell-off impacting share prices, according to Danny Le, CEO of Masan Group.
Important trends emerge in Vietnam’s investment landscape
10-05-2024 16:42
Several important trends emerged in Vietnam’s investment landscape last year, including high-tech sectors, surging investment from China, and comprehensive cooperation with Japan in all fields, according to the recently released 2023 Report on Provincial Competitiveness Index (PCI) and Provincial Green Index (PGI).
Thailand faces credit card default risks
10-05-2024 10:54
The risk of default on credit card loans rose significantly in the first quarter this year in Thailand, driven by the Bank of Thailand (BoT)'s mandate for a higher minimum payment rate.
What Vietnamese businesses can expect from the EU's CSRD
10-05-2024 07:36
The new Corporate Sustainability Reporting Directive (CSRD) aims to reshape environmental, social, and governance (ESG) standards for businesses both within and linked to the EU. Nguyen Hoang Nam, ESG leader and partner, along with Luong The Cuong, ESG manager in Assurance Services at PwC Vietnam, explore the implications of the CSRD for Vietnam and outline the necessary strategic actions for compliance with these new standards.
Rapid developments changing the game in FMCG
09-05-2024 18:00
Vietnam’s fast-moving consumer goods (FMCG) market has continued to evolve at a fast pace with the expansion of international companies and changing consumer behaviour. Peter Christou, general manager of the Vietnam Worldpanel Division at Kantar, discussed with VIR’s Thanh Van his insights into the changing competitive landscape of Vietnam’s FMCG market.
Travel firms battle surging costs
08-05-2024 12:41
Despite the fact the travel industry is forecast a strong rebound this year, businesses in the sector are cautious about reaching their full-year projections amid rising cost pressures.
Commerce chamber advocates power purchasing agreement, bypassing state utility EVN
08-05-2024 12:13
The Vietnam Chamber of Commerce and Industry (VCCI) has recommended allowing all businesses and individuals to purchase renewable energy directly, rather than through state utility Vietnam Electricity (EVN).
Muong Thanh Group sets record for largest simultaneous Thai Xoe dance performances
08-05-2024 11:42
As part of the 'Legendary Dien Bien Phu - Muong Thanh Spirit' campaign commemorating the 70th anniversary of the Dien Bien Phu Victory and National Tourism Year - Dien Bien 2024, the 'Simultaneous Thai Xoe Dance - Muong Thanh Circle' held by Muong Thanh Group encapsulated the victorious spirit of the historic battle and rich cultural heritage of Vietnam.
Military parade celebrates 70th anniversary of Dien Bien Phu victory
07-05-2024 14:00
A military parade took place on May 7 to celebrate the 70th anniversary of the historic victory of the battle of Dien Bien Phu, which resounded throughout the world.
Kempinski Hotels to make its Vietnam debut
06-05-2024 19:11
For the first time in its history, Kempinski Hotels, Europe’s oldest luxury hotel company, is venturing into Vietnam with an exquisite waterfront hideaway nestled in the folds of the Saigon River.
Vietnam cueist wins Scottish Open Pool 9-ball Championship 2024
06-05-2024 16:39
Vietnamese cueist Duong Quoc Hoang has won the Scottish Open Pool 9-ball Championship 2024 in Scotland, the UK.
Logistics in the historic Dien Bien Phu Campaign
06-05-2024 16:17
Having identified the strategic resolve to advance and annihilate the enemy at Dien Bien Phu, a major concern of the Party Central Committee was the provision of food and ammunition and ensuring logistical routes remained open for the tens of thousands of frontline troops fighting in rear areas for a long period of time.
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