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Expert analysis of last year's development gains and challenges for 2023
03-01-2023 10:36
Vietnam’s economy expanded by 8.02 per cent in 2022, setting a record that covers many years. Le Trung Hieu, deputy general director of the General Statistics Office, spoke with VIR's Manh Bon about the development situation in 2022 and outlined the difficulties facing Vietnam’s economy in the year ahead.
Enhancing more sustainable actions with Nestlé Vietnam
03-01-2023 10:16
Sustainable development is a top priority for Nestlé Vietnam, with a view to contributing to the development of the country while ensuring long-term success in business. Managing director Binu Jacob explained to VIR’s Thanh Van the company’s sustainable development initiatives, along with recommendations to build a sustainable future.
Swire Coca-Cola completes acquisition of Coca-Cola bottling business in Vietnam
03-01-2023 09:35
As a significant milestone in the company’s expansion into Southeast Asia, Swire Coca-Cola Ltd. – a wholly-owned subsidiary of Swire Pacific Ltd. – announced on January 2 the completion of its acquisition of Coca-Cola Beverages Vietnam Ltd. – the Coca-Cola bottling subsidiary in Vietnam.
Unpredictability stemming from housing market
30-12-2022 09:00
Even if the threat of recession seems to be on the wane in Vietnam, the real estate sector may encounter more battles in 2023, necessitating the elimination of legal and capital barriers, including real estate corporate bonds.
Postal enterprises face 'storm' of competition
29-12-2022 16:42
According to a Ministry of Information and Communications (MIC) report to summarise work in 2022 and outline plans for 2023 released on December 18, the postal sector’s revenue in 2022 is estimated at $2.27 billion, up 16.2 per cent compared to last year, exceeding plans by 2.5 per cent.
Funds required for Vietnam’s petroleum reserves
29-12-2022 09:00
Vietnam’s plan to raise its crude oil reserves to 2.2 million tonnes by 2025 will be an uphill task, even though the country’s production output is currently reaching 340,000 barrels per day.
Ho Chi Minh City suburban real estate market set for revival
28-12-2022 16:57
After a lengthy period of inactivity, the real estate market in and around Ho Chi Minh City is resuming deals, mostly in new full-scale developments.
Government strives to extend fiscal policy outlined by PSRD
28-12-2022 16:57
Amid difficulties forecast to continue undermining the business community, a fiscal policy under Vietnam’s hallmark socioeconomic recovery initiative is expected to be lengthened next year in a bid to fuel enterprises’ performance and achieve desired economic growth.
Mastercard reveals Economic Outlook 2023
27-12-2022 15:05
The Mastercard Economics Institute has released its annual forecast for the coming year, which shows how a new multi-speed global economy will impact growth and consumer spending.
FDI inflows slightly decrease in 2022
27-12-2022 09:22
This year, the total foreign direct investment (FDI) inflows reported a decrease of 11 per cent, while disbursement saw an increase of 13.5 per cent compared to last year.
THACO INDUSTRIES one-stop model
27-12-2022 08:00
Leveraging seamless investment, THACO INDUSTRIES is expected to become a critical factor in promoting the development of the mechanics and supporting industries in the central region and Vietnam. Vietnam currently has over 7,000 mechanical manufacturers and 5,000 manufacturers in supporting industries. However, due to the limitation of capital, technology, and human resources, most manufacturers only produce or process in one or a few stages. Customers have to connect with many partners to obtain a complete product, making the supply chain complicated, inefficient, time-consuming, and costly.
AmCham CSR recognition for Herbalife Vietnam
23-12-2022 10:12
Herbalife Vietnam was honoured to receive AmCham’s 2022 Corporate Social Responsibility (CSR) Recognition Award, spotlighting member companies with best-practice CSR programmes in Vietnam.
Pertussis vaccine for pregnant women approved in Vietnam
23-12-2022 09:00
GSK Vietnam, together with Vietnam Association of Gynecology and Obstetrics and Vietnam Association of Preventive Medicine, recently organised a series of scientific seminars on the benefits of maternal immunisation against pertussis with the participation of top industry experts and more than 1,000 health professionals nationwide.
Unveiling bright spots in the property market
21-12-2022 17:01
Capital bottlenecks, liquidity losses, and regulatory limitations make 2023 property market predictions difficult. But there are a number of clear positives.
Carlsberg celebrates 175th anniversary with flagship product launch in Vietnam
20-12-2022 16:42
Over 175 years of development, Carlsberg has relentlessly aimed for the pursuit of perfection. To celebrate this milestone, the company has launched Carlsberg Danish Pilsner – which is “Probably The Best Beer in the World” – in the Vietnamese market.
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