wake up call for pharma firms with poor practices

Wake-up call for pharma firms with poor practices

The new sanctions for drug quality violations drafted by the Ministry of Health are expected to come out soon, threatening manufacturers and traders to have their operations suspended and business certificates revoked should they fail to comply with set standards.
high performance takes huawei 11 spots higher on 2019 fortune 500

High performance takes Huawei 11 spots higher on 2019 Fortune 500

Huawei announced on December 17 in Hanoi that the company has ranked 61st on the Fortune Global 500 list this year, representing an 11-point jump from last year and an impressive 68-point leap from 2017 thanks to its good business results.
sturdy regulations to aid air transport funding prospects

Sturdy regulations to aid air transport funding prospects

After several hopeful years, new legal improvements on air carriages and airport enterprises will take effect from early next year. Tran Bao Ngoc, director of the Transport Department at the Ministry of Transport, talked to VIR’s Tung Anh about significant legal changes and the government’s future orientation in foreign investment attraction in this area.
evfta to advance german activity across the board

EVFTA to advance German activity across the board

German businesses are looking at Vietnam to grasp new opportunities ahead of enforcement of EU-Vietnam Free Trade Agreement, scheduled for next year. As part of the OAV-German Asia-Pacific Business Association delegation to Vietnam, former Vice Chancellor of Germany and Federal Minister of Economics and Technology Philipp Rösler discussed with VIR’s Tung Anh the German investment opportunities linked to the upcoming landmark deal.
national assembly deputies give voice as law on ppp takes shape

National Assembly deputies give voice as law on PPP takes shape

After months of revisions and expectation, the National Assembly has officially voiced support for the revenue risk sharing mechanism in the long-awaited draft Law on Public-Private Partnerships, but worries persist over feasible conditions, state budget affordability, and project scale.
multinational drug traders cracking heads over stringent local regulations

Multinational drug traders cracking heads over stringent local regulations

Although having import licenses in hands, the road for multi-national corporations to trade drugs in Vietnam remains tough because of legal limitations.
healthcare levels up via tech groups

Healthcare levels up via tech groups

Technological disruption is expected to make vast changes in the healthcare sector, with huge opportunities for tech firms to venture deeper.
e commerce e logistics the key to success for exporters

E-commerce, e-logistics – the key to success for exporters

Vietnamese exporters are urged to give priority to e-commerce and e-logistics platforms to increase opportunities to join major value chains while preventing possible loss risks amid changing global trade rules and the wide influence of Industry 4.0.
qualified manpower the key to logistics development in industry 40

Qualified manpower – the key to logistics development in Industry 4.0

With the fresh advantages from free trade agreements, Vietnam’s logistics sector is facing a lack of qualified manpower. Chairwoman of IMG Logistics, Nguyen Thi Thu Hien, discussed with VIR’s Tung Anh how logistics talent contests contribute to improvements in human resources in the era of digital transformation.
investors to gain in ppp draft

Investors to gain in PPP draft

The long-awaited government ­­risk-sharing ­mechanism has been proposed in the latest draft Law on Public-Private Partnership, pinning high hopes for private domestic and overseas investors to venture further into future initiatives.
healthcare sector going plastic free

Healthcare sector going plastic-free

In light of the Ministry of Health’s strong new ­policy on plastic waste ­reduction, hospitals and companies across Vietnam are taking concrete actions, but the path to fulfil the ambitious 2025 target of no single-use plastics will require fundamental changes.
sonkim land earns ma accolade

SonKim Land earns M&A accolade

A leading Vietnamese real estate investment and development company has come away with an award in The Most Notable Deals in 2018-2019 at the 11th annual Vietnam M&A Forum, for its latest round of fundraising of $121 million.
thai nguyen province on cusp of funding progress

Thai Nguyen province on cusp of funding progress

Driven by strong administrative reform and growing interest among investors, the northern province of Thai Nguyen is emerging as one of the most attractive investment destinations in 2019, with a series of promising projects in the pipeline.
equal opportunities for ppp project contenders

Equal opportunities for PPP project contenders

While waiting for brand new changes in the upcoming Law on Public-Private Partnership, Vietnam is offering special advantages for private investors from both home and abroad to join the North-South Expressway project. Nguyen Nhat, Deputy Transport Minister, talked to VIR’s Tung Anh about the possible solutions to increasing project attractiveness.  
herbal cultivation for sustainability

Herbal cultivation for sustainability

Vietnamese drugmakers are betting on an inclusive business model to shore up sustainable growth amid stiffening competition.