insurance companies prohibited from trading real estate

Insurance companies prohibited from trading real estate

Insurance companies will not be permitted to invest in real estate starting January 1, 2023, as regulated in the revised Law on Insurance Business approved by the National Assembly on June 16.
local suppliers fuelled to meet higher standards

Local suppliers fuelled to meet higher standards

Samsung Electronics and the Ministry of Industry and Trade last month held a kick-off ceremony for a smart factory in the northern province of Vinh Phuc. Ngo Huu Tiep, group chairman of Haast Industry Vietnam – one of 14 domestic suppliers being supported – told VIR’s Kim Oanh about the factory’s role in fostering Vietnam’s supporting industries.
overtime cap switch yet to satisfy all

Overtime cap switch yet to satisfy all

The long-awaited scheme on increasing overtime for privately-owned workers has become true, helping labour-intensive employers to improve their competitiveness.
quang binh plans investment promotion programme on march 25

Quang Binh plans investment promotion programme on March 25

Quang Binh People’s Committee will organise an investment promotion conference in Ho Chi Minh City on March 25 with the theme of adaptation and development.
overtime adjustment to support operations

Overtime adjustment to support operations

The National Assembly Standing Committee is set to adopt a draft resolution on the overtime limit at enterprises after carefully considering proposals from the Ministry of Labour, Invalids and Social Affairs last week.
vbcwe offering comprehensive solutions for gender equality in the workplace

VBCWE offering comprehensive solutions for gender equality in the workplace

Implementing a systematic and comprehensive solution for gender equality in the workplace will help businesses improve their policies and working environment, as well as enhance business performance towards sustainable development, according to a top Vietnamese alliance.
30 japanese enterprises look for investment opportunities in thanh hoa

30 Japanese enterprises look for investment opportunities in Thanh Hoa

30 Japanese enterprises look for investment opportunities in the central province of Thanh Hoa in manufacturing, resort real estate, and other sectors.
investors of hai lang power plant urges retaining original schedule

Investors of Hai Lang power plant urges retaining original schedule

The group of investors of the first phase of the Hai Lang power plant insists to start commercial operations in 2026-2027, instead of 2040 as mentioned in the draft Power Development Plan VIII (PDP8).
vbfs environmental working group proposes carbon trading system

VBF's environmental working group proposes carbon trading system

Developing an emissions trading system (ETS) and a carbon credit market are two key solutions that the Vietnam Business Forum (VBF) Environment Working Group mentioned at the technical session.
britcham proposes solutions to boost vietnams economic recovery at vbf

BritCham proposes solutions to boost Vietnam’s economic recovery at VBF

The reopening of borders, liquidity, and the ability for banks to support economic growth, as well as the maintenance of policy reforms and the streamlining of administrative processes, are proposals of BritCham to boost Vietnam’s recovery of the economy.
ja solar to develop 189 million facility in vietnam

JA Solar to develop $189-million facility in Vietnam

JA Solar, a solar cell and module manufacturer, has set out to invest $189 million into increasing the supply of high-efficiency products and raw materials in Vietnam.
smartphone market of vietnam expected to pick up speed in 2022

Smartphone market of Vietnam expected to pick up speed in 2022

Based on an on-year comparison with 2021, Vietnam’s smartphone market is expected to continue to grow in 2022 and become one of the most competitive ones in Southeast Asia.
creating more solidarity to accomplish vinatex goals

Creating more solidarity to accomplish Vinatex goals

Vietnam’s garment and textile exports were estimated to have hit $39 billion last year, representing an increase of 11.2 per cent on-year and 0.3 per cent higher than the figure in 2019, before strict pandemic restrictions were imposed. This success was attributed partly to Vietnam’s state-run Vinatex and its subsidiaries, which all expect further impressive growth this year.
forever 20 foundation lights up hope for disadvantaged people

Forever 20 Foundation lights up hope for disadvantaged people

The image of charity funds established by entrepreneurs, artists, or students to support those in need has lit up the country in recent times, however, the “Forever 20 Foundation” is one of the rare cases that sponsor are veterans and their family members. VIR’s Kim Oanh talked to Tran Hong Dung, vice chairwoman of the Forever 20 Foundation, to hear why she has gone out of her way to help soldiers and disadvantaged people.
pan group strives to expand ecosystem through ma

PAN Group strives to expand ecosystem through M&A

Ample opportunities for mergers and acquisitions in agriculture can help investors recover and expand their operations in Vietnam. Nguyen Thi Tra My, CEO of The PAN Group talked with VIR’s Kim Oanh about the group’s strategy in this potential sector.