retail giant lulu sets ambitious goal to double imports from vietnam

Retail giant LuLu sets ambitious goal to double imports from Vietnam

LuLu is looking to enhance its import volumes from Vietnam substantially in the near future by swiftly establishing new warehousing facilities and factories within the country. The lofty aim is to double or even triple its current import levels.
aquatic exports to japanese market left to flounder

Aquatic exports to Japanese market left to flounder

Shipments of Vietnamese aquatic products to Japan have reduced due to new regulations posing new challenges for local exporters.
beluxcham holds esg evolving to the next level conference

BeLuxCham holds ESG: Evolving to the Next Level conference

The Belgian-Luxembourg Chamber of Commerce in Vietnam (BeLuxCham), the Embassy of Belgium in Vietnam, and DEEP C Industrial Zones are co-organising the ESG: Evolving to the Next Level conference on November 30 and December 1 in Ho Chi Minh City.
cambodias 11 provinces hit by prolonged rains floods

Cambodia’s 11 provinces hit by prolonged rains, floods

Floods as a result of prolonged rains between September 16 and October 6 affected 11 provinces in Cambodia, killing at least three people and forcing nearly 2,000 households to evacuate to safer areas, according to the country’s National Committee for Disaster Management (NCDM).
most to submit sci tech legal document for q4

MoST to submit sci-tech legal document for Q4

The Ministry of Science and Technology (MoST) plans to complete and sumit to the government eight draft legal documents for approval in the fourth quarter of 2023 to facilitate the sector’s development.
several vietnamese banks see top tier reshuffles

Several Vietnamese banks see top-tier reshuffles

Some banks in Vietnam, including Eximbank, PGBank, and VIB, have recently undergone significant leadership changes.
bain capital leads masan groups equity funding round

Bain Capital leads Masan Group's equity funding round

Bain Capital, a leading private investment firm with approximately $180 billion of assets under management, has agreed to invest at least $200 million of equity capital into Masan Group Corporation (HSX: MSN).
funding freeze thaws tech startup ambitions

Funding freeze thaws tech startup ambitions

Many technology startup projects are still struggling to survive as the funding winter is expected to continue for at least the next year.
vietnamese tourists itching to travel overseas

Vietnamese tourists itching to travel overseas

According to the latest report by GrabAds, 80 per cent of those surveyed in Vietnam plan to travel overseas and 77 per cent of those planning trips expect to travel at least twice over the next 12 months.
dfc pledges 300 million bilateral loan to vpbank for sustainable finance

DFC pledges $300-million bilateral loan to VPBank for sustainable finance

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the US International Development Finance Corporation (DFC) inked a Commitment Letter on a bilateral loan worth $300 million with a seven-year tenure.
behavioural change still required within food safety

Behavioural change still required within food safety

Food safety is currently implemented at many different levels around the world. Brian G. Bedard, director of Food Safety and Animal Health at Alinea International, offered VIR’s Nguyen Huong some recommendations on improving the culture in Vietnam to match global practices.
tax authorities to cut at least 20 per cent of compliance costs related to business activities

Tax authorities to cut at least 20 per cent of compliance costs related to business activities

The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20 per cent of regulations and cut at least 20 per cent of compliance costs related to business activities and eliminate unnecessary regulations by 2025.
thai king approves new cabinet led by pm srettha thavisin

Thai King approves new cabinet led by PM Srettha Thavisin

Thailand's King Maha Vajiralongkorn has endorsed the cabinet of Prime Minister Srettha Thavisin, a royal gazette said on September 2.
vietnam not letting up in free trade deal bonanzas

Vietnam not letting up in free trade deal bonanzas

Since its national establishment in September 1945 and the country’s opening doors to the world economy 37 years ago, Vietnam has reaped significant economic bonanzas from a large network of economic links, including free trade agreements.
big four slash deposit interest rates to lowest in banking system

‘Big Four’ slash deposit interest rates to lowest in banking system

The four biggest banks in Vietnam have strongly cut interest rates for many deposit terms to the lowest levels of the year.