new economic challenges and competition expected

New economic challenges and competition expected

Despite good signals on economic recovery, there are many uncertainties that can affect Vietnam. Phan Duc Hieu, standing member of the National Assembly Economic Committee, spoke with VIR’s Thu Huong about his outlook, and highlighted several administrative reforms.
2023 to be lucrative for sabeco

2023 to be lucrative for SABECO

Saigon Beer-Alcohol-Beverage Corporation (SABECO) has just released the agenda for its 2023 AGM, which will be conducted in Ho Chi Minh City on April 27, where the firm plans to announce a share issue at a ratio of 1:1.
french groups keen to back green schemes

French groups keen to back green schemes

Sustainable green development and expanding investment links between France and Vietnam are being highlighted as the two countries celebrate the 50th anniversary of diplomatic relations and 10 years of strategic partnership this year.
steep hills ahead for investors

Steep hills ahead for investors

Unprecedented global factors, rising interest rates, and inflation running record highs are hampering investors’ appetite, with those who seek higher yields pondering other novel investment channels.
sungrow om powers efficiency of renewable energy projects

Sungrow O&M powers efficiency of renewable energy projects

Woody Wu, general manager of Sungrow Vietnam Co., Ltd. shared with VIR’s Thu Huong his experiences on how to help renewable energy owners promote their benefits by handling faults quickly to ensure power generation and maintain safe production.
social resurgence pointing to auspicious outlook for sabecos profit margins

Social resurgence pointing to auspicious outlook for SABECO’s profit margins

The financial prospects for Saigon Beer-Alcohol-Beverage Company (SABECO) appear brighter as 2022 approaches, despite prolonged social distancing measures in Vietnam producing a difficult year for all.
alpec exports vietnamese elevators to international markets

ALPEC exports Vietnamese elevators to international markets

On September 14, ALPEC Joint Venture JSC and FUJI Elevator (Malaysia) signed a strategic cooperation agreement to bring elevator products made in Vietnam to international markets.
customer centric bank mb to share 50 million of its profits in support of customers

Customer-centric bank MB to share $50 million of its profits in support of customers

The pandemic has forced many businesses to suspend their production and suffer from sales dips and financial hardships. Pham Nhu Anh, member of the Board of Management at Military Commercial JSB sat down with VIR’s Thu Huong and discussed how the bank leverages its tremendous network and finances to help affected customers to ride out the bumps.
aeon group proposes ho chi minh city to support businesses for recovery in new normal

AEON Group proposes Ho Chi Minh City to support businesses for recovery in new normal

Extending payment time for value-added tax and social insurance while reducing corporate income tax and the cost of COVID-19 testing were among the recommendations of Furusawa Yasuyuki, the representative of AEON Group in Vietnam at the conference with the leaders of Ho Chi Minh City to support foreign-invested enterprises to overcome the pandemic and achieve a quick recovery for the city's economy.
a cashless vietnam is coming

A “cashless Vietnam” is coming

The pandemic has prompted an inevitable reset in Vietnam’s payment ecosystem and accelerated the non-cash transaction trend that had been already underway. Winnie Wong, country manager for Vietnam, Cambodia, and Laos at Mastercard, shared with VIR's Thu Huong how a global leading payments technology company like Mastercard can enhance cashless experience and enable ubiquity of digital solutions in the most secure, convenient approach.
coteccons wins a series of large scale projects in q22021

Coteccons wins a series of large-scale projects in Q2/2021

Coteccons Construction JSC has received an announcement of bid winning for the Ecopark Swanlake Residences project from the investor Ecopark Group JSC, and a series of new projects spread across the country.
bankers are the leaders in esg criteria implementation

Bankers are the leaders in ESG criteria implementation

Implementing and meeting environmental, social, and governance (ESG) criteria is not easy in the Vietnamese market. Dominic Scriven, chairman of Dragon Capital, discussed with VIR’s Thu Huong why this is one of the obstacles to mobilising and disbursing investment funds to pursue responsible investment.
vietnam rolls out much needed relief

Vietnam rolls out much-needed relief

With the aim of leaving no-one behind in fighting the global health crisis, the government is taking swift and sturdy action to protect investors, businesses, and people via relief measures at a time when major economic sectors have had to send workers into temporary unemployment.
textile makers skirt virus disruptions

Textile makers skirt virus disruptions

Temporary factory closures and imminent layoffs are going to push textile and garment enterprises into deep water due to a lack of raw materials as well as mass order cancellations from European and American buyers during the ongoing global health crisis.
evfta lends newfound vigour to banking sector

EVFTA lends newfound vigour to banking sector

The ratified EU-Vietnam Free Trade Agreement is expected to bring a historic change in the Vietnamese banking sector, but also sets sizeable challenges for both foreign and local lenders before they can receive good returns on investment.