Vietnam to have many opportunities from digitalisation, green transformation: IMF

Vietnam to have many opportunities from digitalisation, green transformation: IMF

The International Monetary Fund (IMF) has forecasted that Vietnam will have many opportunities from digitalisation and green transformation, according to IMF Asia and Pacific Department Director Krishna Srinivasan.
Localities get ready for fourth FDI boom

Localities get ready for fourth FDI boom

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Need is urgent for e-vehicle charging infrastructure

Need is urgent for e-vehicle charging infrastructure

Vietnam’s major cities are in urgent need of synchronous charging and payment station systems before an electric vehicle boom can truly take shape.
Chinese electric vehicle names remain in pole position of market expansion efforts

Chinese electric vehicle names remain in pole position of market expansion efforts

Vietnam is emerging with decent prospects as an electric vehicle manufacturing hub for the region, as Chinese electric vehicle makers from Chery to BYD flock to the country.
Vietnam can emulate Taiwanese high-tech success

Vietnam can emulate Taiwanese high-tech success

Vietnam is considered an attractive investment destination for Taiwanese investors. CY Huang, chairman of the Southeast Asia Impact Alliance, spoke with VIR’s Kim Oanh about the investment prospective of Taiwanese investors and the proposals to more effectively lure this investment capital inflow.
Capital influx from Taiwan builds up steam in Vietnam

Capital influx from Taiwan builds up steam in Vietnam

Many Taiwanese investors have plans to set down deep roots in Vietnam, especially in the high-tech sector.
Support rises in semiconductor chip development in Vietnam

Support rises in semiconductor chip development in Vietnam

In recent times, Vietnam has completed the legal corridor to create conditions prioritising investment and development of semiconductor chips. The Law on Investment and the Law on Corporate Income Tax have added special incentives for high-tech and large-scale projects, including chip production ones.
Defining the role of AI in digital transformation

Defining the role of AI in digital transformation

AI has become a fuzzy catch-all term for any computational system that mimics human-like intelligence. It enables machines to perform tasks that typically require human intelligence, such as visual perception, speech recognition, and decision-making. AI is the new electricity.
Public investment progress requires a stronger thrust

Public investment progress requires a stronger thrust

High-profile international organisations are urging Vietnam to quicken its public funding as an effective fiscal policy move to attract more funding from private investors, who bemoan a lack of high-quality infrastructure works in the country.
Lack of sand prompts alternatives for traffic projects

Lack of sand prompts alternatives for traffic projects

Despite the efforts of contractors for construction ventures, finding other materials or exploiting sources to replace sand has proved too tough a task, affecting the progress of various traffic infrastructure projects and public investment disbursement in the south of the country.
Vietnam needs 20-30 billion USD investment for universal clean water access

Vietnam needs 20-30 billion USD investment for universal clean water access

Vietnam will need to invest 20-30 billion USD on water supply and drainage to make sure that 100% of the population has access to clean water, according to experts.
Nation urged to build on eco-IP model

Nation urged to build on eco-IP model

A project on implementing eco-industrial parks in Vietnam has had significant results in terms of building policy institutions, environmental benefits, and socioeconomic development for businesses.
Green finance discord to be addressed

Green finance discord to be addressed

Establishing a detailed green classification system and independent evaluation are recognised as key elements for steering Vietnam’s green finance sector in line with international standards.
Opportunities to unlock in Vietnam’s green finance arena

Opportunities to unlock in Vietnam’s green finance arena

In recent years, financial institutions have pivoted from solely emphasising green finance to investing in businesses that both adapt to and mitigate climate risk impacts.
Vietnam’s agricultural products appeal to foreign customers

Vietnam’s agricultural products appeal to foreign customers

Vietnam's agricultural products were sold well in foreign markets in Q1, with a surge in both volume and prices documented.
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