us commerce department reviews vietnams market economy status

US Commerce Department reviews Vietnam's market economy status

The US Department of Commerce conducted hearings to determine if Vietnam qualifies as a "market economy" on May 8. These discussions, held virtually from Washington DC, featured arguments from supporters and detractors of the designation.
what vietnamese businesses can expect from the eus csrd

What Vietnamese businesses can expect from the EU's CSRD

The new Corporate Sustainability Reporting Directive (CSRD) aims to reshape environmental, social, and governance (ESG) standards for businesses both within and linked to the EU. Nguyen Hoang Nam, ESG leader and partner, along with Luong The Cuong, ESG manager in Assurance Services at PwC Vietnam, explore the implications of the CSRD for Vietnam and outline the necessary strategic actions for compliance with these new standards.
vietnam and uk deepen science technology and innovation partnerships

Vietnam and UK deepen science, technology and innovation partnerships

Vietnam and the United Kingdom are set deepen science, technology, and innovation (ST&I) partnerships, with a focus on emerging technologies, the environment, and healthcare.
retail pricing conflicts set to persist

Retail pricing conflicts set to persist

Businesses in areas such as retail and food and beverages are looking at different strategies to retain budget-conscious customers amidst the shrinking demand caused by the challenging economic environment.
rapid developments changing the game in fmcg

Rapid developments changing the game in FMCG

Vietnam’s fast-moving consumer goods (FMCG) market has continued to evolve at a fast pace with the expansion of international companies and changing consumer behaviour. Peter Christou, general manager of the Vietnam Worldpanel Division at Kantar, discussed with VIR’s Thanh Van his insights into the changing competitive landscape of Vietnam’s FMCG market.
vietnam well placed to benefit from shifting fdi

Vietnam well-placed to benefit from shifting FDI

Amidst evolving supply chain dynamics and intense investing competition, Vietnam continues to emerge as a key player in the Southeast Asian arena. Talking to VIR’s Luu Huong, head of Wholesale Banking at HSBC Vietnam Ahmed Yeganeh shed light on strategies for Vietnam to enhance its appeal for high-calibre foreign investments and bolster labour productivity.
electric vehicles gradually proving their superior value

Electric vehicles gradually proving their superior value

Vietnamese private conglomerate Geleximco is partnering with OMODA&JAECOO Automobile to strengthen its business. Tran Hung, marketing manager of the joint venture, talked to VIR’s Bich Thuy about how it will work.
esg poses challenges for vietnamese businesses in global trade expansion

ESG poses challenges for Vietnamese businesses in global trade expansion

According to the Corporate Global Trade Survey Report 2023 published by Reuters, 88 per cent of businesses require annual environmental, social, and governance (ESG) data collection from their suppliers. This poses a new challenge for Vietnamese businesses in the process of global supply chain integration.
binance chiefs prison sentence a lesson on legal compliance

Binance chief's prison sentence a lesson on legal compliance

Changpeng Zhao, founder of the cryptocurrency exchange Binance, was sentenced to four months in prison by a US court on May 1, on top of a hefty fine of $4.32 billion, having been found guilty of money laundering.
raising labour productivity crucial for higher incomes

Raising labour productivity crucial for higher incomes

The government is making efforts to ensure sustainable employment and incomes. Pham Hoai Nam, head of the Population and Labour Statistics Department at the General Statistics Office, delved into the labour market’s current and future landscape with VIR’s Manh Bon.
consideration underway on nations virtual asset market

Consideration underway on nation’s virtual asset market

Vietnam is mulling policies for virtual assets and related service providers, adopting a positive approach of not banning them, but rather trying to establish a legal framework for management and regulation.
travel for the future

Travel for the future

Greening tourism and prioritising sustainable experiences is helping to preserve the environment and tourist resources for the next generation.
indonesia to grow 2 million hectares of sugarcane for bio ethanol fuel development

Indonesia to grow 2 million hectares of sugarcane for bio-ethanol fuel development

Jakarta – The Indonesian government is implementing preferential policies to develop bio-ethanol fuel in the future, reduce dependence on fossil fuels and protect the environment.
asean encouraged to embrace global flows

ASEAN encouraged to embrace global flows

Vietnam and other ASEAN member states have been advised to create a more favourable environment with a shared digitalised bloc to woo more funding amid global investment flows changing.
vietnam japan enter new phase of investment ties

Vietnam - Japan enter new phase of investment ties

With the latest incarnation of the Vietnam-Japan Joint Initiative in a New Era, bilateral investment ties are expected to enter a new period of stronger development. Takeo Nakajima, chief representative of the Japan External Trade Organization (JETRO) in Hanoi, talked to VIR’s Bich Thuy about future prospects.