lowering interest rates poses challenges ahead

Lowering interest rates poses challenges ahead

Savers are increasingly concerned about the prospect of lower deposit interest rates. Economic expert Le Xuan Nghia talked to VIR’s Hong Dung about the challenges of reducing such rates in the near future due to uncertainties in adhering to positive principles.
how to make sure ai does not leave asean behind

How to make sure AI does not leave ASEAN behind

AI was at the centre of the recent fourth ASEAN Digital Minister’s Meeting (ADGMIN) in Singapore where a new set of guidelines on AI governance and ethics was introduced, marking a critical step in ensuring that ASEAN will play a role in the development of AI across the region. Annabel Lee, head of Data Policy, Asia Pacific and Japan, Amazon Web Services (AWS), gives her view on things.
phu yen set to elevate development leveraging comprehensive planning

Phu Yen set to elevate development leveraging comprehensive planning

Phu Yen province on Vietnam’s south central coast is aiming to make breakthroughs in development rooted in fresh comprehensive planning for the rest of the decade.
fresh land law will offer beneficial economic utility

Fresh land law will offer beneficial economic utility

The adoption of the revised Land Law in January was billed as one of the most important legislative tasks of the latest National Assembly. It will come into effect in January 2025 and should be viewed as a strengthening of the foundation underpinning the Real Estate Business Law and the Housing Law, both passed last November.
new resolution opens opportunities for logistics sector

New resolution opens opportunities for logistics sector

At the beginning of 2023, Vietnam set its sights on becoming a high-income developed country, and the past year has demonstrated Ho Chi Minh City’s efforts to overcome challenges and reclaim its position as a regional economic powerhouse. Kiet Le, research lead, Manufacturing Group at Dezan Shira & Associates, shares his views on how the city can utilise its initiatives to make future breakthroughs.
innovative mindset leads diplomatic goals

Innovative mindset leads diplomatic goals

Vietnam reaped significant achievements with the large contributions of diplomatic activities in 2023. Minister of Foreign Affairs Bui Thanh Son spoke with VIR’s Nguyen Dat about how the diplomatic sector has and will perform to help the economy stride ahead confidently.
manipulation to be mitigated through updated legislation

Manipulation to be mitigated through updated legislation

The new Law on Credit Institutions has been adopted to resolve bottlenecks in the current landscape. Economist Le Xuan Nghia delves into some new points in the law with VIR’s Hong Dung.
indonesia targets 1000 investors via golden visa programme

Indonesia targets 1,000 investors via ‘golden visa’ programme

The Indonesian government has set a target of attracting at least 1,000 investors through the “golden visa” programme, part of an effort to attract high-quality talent and capital flows into this Southeast Asian country.
ownership tweaks show commitment to improve

Ownership tweaks show commitment to improve

The amended Law on Credit Institutions was passed on January 18. Banking trainer and consultant Le Hoai An discussed the impact of this with VIR’s Nhue Man and the adjustment of the maximum institutional ownership capital in commercial banks.
vietnam needs big push for private investment in transport

Vietnam needs big push for private investment in transport

Despite the latest legal improvement and huge potential, it may yet take some time for Vietnam to become a true transport investment destination.
thailands kasikornbank to expand operation in vietnam

Thailand’s Kasikornbank to expand operation in Vietnam

Kasikornbank (KBank), Thailand’s second-largest lender by total assets, is focusing on expanding its international banking business this year in Vietnam and Indonesia, given the two ASEAN economies’ high growth potential.
3 dead 28 injured in indonesia train collision officials

3 dead, 28 injured in Indonesia train collision: officials

Three people were killed and at least 28 injured when two trains collided on Indonesia's main island of Java on Friday, officials said.
oil prices jump stocks slump after iran blasts

Oil prices jump, stocks slump after Iran blasts

Global markets were rattled Wednesday as blasts in Iran that killed at least 103 fanned fears of the war between Israel and Hamas spreading further.
2024 growth prospects through expert lens

2024 growth prospects through expert lens

Le Trung Hieu, deputy director general of the General Statistics Office, has scrutinised Vietnam’s development landscape in 2023, as well as the factors underpinning the country’s efforts to achieve its 6-6.5 per cent growth projection for 2024.
google agrees to settle 5 bn lawsuit over incognito mode

Google agrees to settle $5 bn lawsuit over 'incognito' mode

Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked the data of users who thought they were browsing the internet privately.