Vietnam Investment Review

ACCA APAC Dialogue 2024 set for Hanoi

The ACCA APAC Dialogue 2024 event organised by the Association of Chartered Certified Accountants will take place at the end of the month.

En Vang accelerates shift to electric vehicles

En Vang International JSC has accelerated the shift from petrol to electric vehicles.

ESG conference aims to change mindsets

The Sheraton Hotel in Hanoi was host to an ESG conference on May 23 with the participation of policymakers, the business community, and VIR.

Sustainability established through more collaborations

Vietnam’s sustainable development ambitions will be helped along through an international trade event taking place in Hanoi this week, aiming to foster regional economic development and sustainability.
ESG conference aims to change mindsets

The Sheraton Hotel in Hanoi was host to an ESG conference on May 23 with the participation of policymakers, the business community, and VIR.
RIS.ER 24 event taking place at Sheraton Hanoi Hotel on May 23

The RIS.ER 24 conference on ESG and sustainability will take place on May 23 at the Sheraton Hanoi Hotel.

Japan to fund coal plant shutdowns in Southeast Asia

AstraZeneca to build 1.5 billion USD cancer drug facility in Singapore

ASEAN, Japan develop joint automobile production strategy

FDI flows strongly into manufacturing, real estate

FDI attraction in five months tops 11 billion USD

More than 11.07 billion USD in foreign direct investment (FDI) was funneled into Vietnam during January-May, up 2 per cent against the same time last year, according to the Ministry of Industry and Trade (MoIT)’s Foreign Investment Agency.

South Korea's Trident obtains rights to rare earth mines in Vietnam

Trident Global Holdings has acquired rights to three rare earth mines in Vietnam.

Enticing FDI legal framework for dual transformation

Vietnam and the Foreign Investment Agency are preparing for future FDI shifts to ensure funding reaches the right areas and embraces green and digital goals.

Corporate

CEO Talk Biz Link Vietnam Values

Specialised freight transport route at Huu Nghi (Vietnam)–Youyi Guan (China) border gate pair opens

RoK convenience store opens 300th establishment in Vietnam

Corporate May 27, 2024 | 17:26

Specialised freight transport route at Huu Nghi (Vietnam)–Youyi Guan (China) border gate pair opens

A ceremony was held in the northern province of Lang Son on May 27 to officially open three routes for freight transport and customs clearance at the international border gate pair of Huu Nghi (Vietnam) – Youyi Guan (China).

Corporate May 27, 2024 | 17:18

RoK convenience store opens 300th establishment in Vietnam

GS25, a leading convenience store chain in the Republic of Korea operated by GS Retail, recently opened its 300th store in Vietnam, six years after breaking into the Southeast Asian country.

CEO Talk May 27, 2024 | 15:39

ESG standards fit for the country

Here, experts and business leaders offer their say on how the ESG issue affects Vietnam in particular.

Biz Link May 27, 2024 | 17:23

First International Ginseng, Aromatic and Medicinal Herbs Festival takes place

The first Ho Chi Minh City International Ginseng, Aromatic and Medicinal Herbs Festival was held May 24-26.

Investing

M&A Outbound Investment Investing in Haiphong

EVNNPT accelerates 500kV transmission line from Quang Trach to Pho Noi

Investing May 27, 2024 | 17:21

EVNNPT accelerates 500kV transmission line from Quang Trach to Pho Noi

EVNNPT has mobilised more than 800 employees to work on the 500kV transmission line from Quang Trach to Pho Noi.

Investing May 27, 2024 | 17:14

FDI attraction in five months tops 11 billion USD

More than 11.07 billion USD in foreign direct investment (FDI) was funneled into Vietnam during January-May, up 2 per cent against the same time last year, according to the Ministry of Industry and Trade (MoIT)’s Foreign Investment Agency.

M&A May 27, 2024 | 07:33

Clear characteristics shaping expectations in M&A

Despite some mega deals, Vietnam is waiting for a rebound in merger and acquisition activities. Warrick Cleine, chairman and CEO of KPMG in Vietnam and Cambodia, talked with VIR’s Thanh Van his insights into dealmaking activities in the Vietnamese market.

Outbound Investment May 10, 2024 | 07:24

VinFast to debut in the Philippines market

VinFast will officially enter the Philippines electric vehicle market this month.

Your Consultant

KPMG PwC RSM Vietnam D.lion Dentons LuatViet

ESG adoption and implementation for prosperity

Mobilising efficient capital for biodiversity-positive economy

Your Consultant May 27, 2024 | 16:00

ESG adoption and implementation for prosperity

The past few years have witnessed an exponential rise in environmental, social, and governance (ESG) awareness and adoption worldwide. While officially coined in 2004 in a UN report, ESG has transcended from a niche concept to a mainstream consideration for investors, businesses, consumers, and regulators alike.

Your Consultant May 27, 2024 | 14:17

Mobilising efficient capital for biodiversity-positive economy

Biodiversity loss affects every single aspect of life, including economic activities and the financial system.

KPMG May 27, 2024 | 07:33

Clear characteristics shaping expectations in M&A

Despite some mega deals, Vietnam is waiting for a rebound in merger and acquisition activities. Warrick Cleine, chairman and CEO of KPMG in Vietnam and Cambodia, talked with VIR’s Thanh Van his insights into dealmaking activities in the Vietnamese market.

PwC May 10, 2024 | 07:36

What Vietnamese businesses can expect from the EU's CSRD

PwC experts reveal what Vietnamese businesses can expect from the EU's new Corporate Sustainability Reporting Directive.

RSM Vietnam April 01, 2024 | 09:24

Exciting automotive industry changes must be followed

The automotive and mobility industry is rapidly changing, driven by technological development and evolving consumer preferences. These transformations have given rise to a new era of innovation, where the boundaries of what is possible are being pushed to new heights.

D.lion March 31, 2023 | 19:50

DIGI-TEXX sets the standards in digital and business process outsourcing services

Since its first entry in Vietnam 20 years ago, DIGI-TEXX Vietnam, A German-invested company, has positioned itself as a leading, most trusted tech company offering world-class digitally-based business process outsourcing (BPO) services.

Dentons LuatViet April 05, 2024 | 15:40

New PDP8 implementation plan brings investment opportunities

The implementation of Vietnam's Power Development Plan VIII will help build strategic objectives and ensure national energy security.

Opinion

Nghi Son Refinery and Petrochemical remains committed to safety and stability

So Hasegawa

General director of Nghi Son Refinery and Petrochemical LLC

Nghi Son Refinery and Petrochemical remains committed to safety and stability

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

Daisuke Takei

CEO of CADDi Vietnam

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

Suntory PepsiCo breaks ground on its largest Asia-Pacific plant in Vietnam

Jahanzeb Khan

CEO and general director of Suntory PepsiCo Vietnam

Suntory PepsiCo breaks ground on its largest Asia-Pacific plant in Vietnam

Nam Long Group gears up to capture market

Lucas Ignatius Loh Jen Yuh

CEO, Nam Long Group

Nam Long Group gears up to capture market

Topics

Digital Transformation Healthcare Platform Sustainable Energy Human Capital 4.0 Empowering Women Climate Change Response Special Administrative-Economic Zones Bank Scandals Safe and Sound Vietnam

Emagazine

January 29, 2024 | 06:00

Innovation for future communities

Official development assistance can act as the playing field for nations. Vietnam is no exception, having benefited from such assistance over the years in the building of many structures and systems up and down the country.

January 24, 2024 | 15:32

SABECO: 2023 journey of community development

By continuously supporting the younger generation to develop its talents, and spending large sums on activities for its staff, SABECO is showing its relentless sustainable development efforts and making positive contributions to the community.

November 17, 2023 | 15:13

Fuelling Vietnam's enterprises with 5G

One of the first Southeast Asian nations to pilot 5G networks, Vietnam is now setting up the path to become home to one of the region’s first 5G-powered smart factories.

November 09, 2023 | 12:35

Igniting creativity: inside Sun Life Vietnam's innovative workspaces

In its mission alongside embracing cultural and artistic expressions, Sun Life Vietnam pays special attention to cultivating creative workspaces to enhance the experiences of its staff, advisor and clients.

May 11, 2023 | 10:00

SABECO's taste for innovation takes the local brand to the world

SABECO's never-ending attempts to win new customers in an ever-changing economic and cultural environment has resulted in the company winning several prestigious awards at the World Beer Championship.

Green Growth

Energy Efficiency Rethinking Plastics BASF

Green energy poses few barriers for some

CEO Talk May 27, 2024 | 15:39

ESG standards fit for the country

Here, experts and business leaders offer their say on how the ESG issue affects Vietnam in particular.

Green Growth May 24, 2024 | 20:11

ESG is vital for exporters

Vietnamese exporters must embrace ESG policies or face losing out on trade.

Green Growth May 24, 2024 | 20:06

ESG can help businesses improve their brand image and market position

Implementing ESG makes it easier for firms to succeed in a world where societal awareness of environmental and community issues is increasing.

Green Growth May 24, 2024 | 11:32

Most businesses aware of ESG: report

The majority of businesses are aware of their environmental, social, and governance (ESG) responsibilities, but are unsure how to implement them.

Green Growth May 24, 2024 | 10:35

Green energy poses few barriers for some

The transition from conventional energy sources to renewables for production is not only bringing economic benefits but is also helping businesses enhance export competitiveness.

Green Growth May 24, 2024 | 10:24

Brand new mindset required for proper usage of electricity

Electricity in Vietnam is being used at inferior efficiency compared to other countries, which is providing a challenge to find solutions on effectively using and saving it.

Most viewed

Property

Green Buildings Industrial Properties

Vietnam resort properties attractive to foreign investors

Property May 27, 2024 | 17:38

Vietnam resort properties attractive to foreign investors

Foreign investors are buying into the Vietnamese resort and hotel realty market, lured by the prospect of a full market recovery, according to experts.

Property May 27, 2024 | 17:11

KKR and TPG eye PropertyGuru takeover

KKR & Co and TPG Inc are said to be considering buying out the Singapore-based online real estate platform PropertyGuru, according to a Bloomberg report.

Green Buildings May 11, 2024 | 11:54

Keppel corporates with FiCO Pan-United and Coteccons to explore sustainable concrete solutions

Keppel Ltd., FiCO Pan-United Concrete JSC, and Coteccons Construction JSC signed a MoU on May 11 to explore the use of sustainable concrete in Vietnam.

Industrial Properties May 21, 2024 | 19:47

Thailand's KBank offers $44 million loan to BW

KBank and BW Industrial Development have announced a strategic financial partnership.

Money

Insurance Smart Payment Trends Stock Monitor

Banks struggle to increase CASA ratio amid low credit growth

Visa partners with Vietnamese e-wallet apps

Money May 27, 2024 | 16:31

Banks struggle to increase CASA ratio amid low credit growth

The CASA ratio witnessed a decline in the first three months of the year, prompting banks to adopt new initiatives to attract customers.

Money May 24, 2024 | 19:57

Visa partners with Vietnamese e-wallet apps

Visa has announced a new partnership with three popular e-wallets in Vietnam – MoMo, VNPAY, and ZaloPay.

Insurance May 27, 2024 | 15:55

Sun Life Vietnam launches "Finance for yourself" children's campaign

Sun Life Vietnam's "Finance for yourself" campaign aims to create an optimistic future for younger generations by empowering them with financial knowledge.

Insurance April 25, 2024 | 17:44

Shinhan Life empowers young generation with career programme

Shinhan Life Vietnam has launched a career programme for school students.

Smart Payment Trends April 01, 2024 | 15:23

Garmin Vietnam announces expansion of payment service

Garmin Vietnam announced an expansion of its contactless payment service through its collaboration with five major banks on April 1.

Smart Payment Trends March 26, 2024 | 16:17

CARE and Mastercard to launch Strive Women in Vietnam

New programme will focus on women-led micro and small businesses as it aims to reach two million entrepreneurs in key regions of Vietnam over four years.

Infographics

Infographics May 10, 2024 | 15:38

Foreign tourist arrivals up 68.3 pc in first 4 months

Facilitative visa policies and attractive tourism stimulus programmes have proven effective in attracting a high number of international visitors to Vietnam compared to the same period last year.

Infographics May 06, 2024 | 16:17

Logistics in the historic Dien Bien Phu Campaign

Having identified the strategic resolve to advance and annihilate the enemy at Dien Bien Phu, a major concern of the Party Central Committee was the provision of food and ammunition and ensuring logistical routes remained open for the tens of thousands of frontline troops fighting in rear areas for a long period of time.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout May 21, 2024 | 09:20

Gen Z shaping the future of F&B industry

Younger Vietnamese people are shaping the food and beverage industry with their preference for local items.

Timeout May 20, 2024 | 12:05

Tastes of Vietnam from national brand to the ‘world’s kitchen’

Enhancing the nation’s food culture to become a widely recognised national brand could be the fastest way to take advantage of Vietnam’s culinary gold mine.

Timeout May 19, 2024 | 09:00

Vietnam has potential to host international football events

Vietnam has been tipped by former Argentine star Juan Sebastián Verón to become a serious player on the global football map.

Timeout May 13, 2024 | 17:41

Mysterious 'floating' lake discovered in Quang Binh

A mysterious lake has been discovered in Thung Cave within the World’s Natural Heritage Phong Nha-Ke Bang National Park, in the central province of Quang Binh.

Hotels & Restaurants May 23, 2024 | 18:00

Meet the renowned chefs behind Hilton Saigon's exquisite restaurants

Behind the scenes of Hilton Saigon's diverse and refined dining are globally renowned chefs with extensive culinary expertise.

The Insider May 21, 2024 | 10:09

Wine world in search of fresh range

Rodolphe Lameyse, CEO of Vinexposium, spoke with VIR’s Nhat Ha about his experiences promoting the wine industry worldwide and targeting potential new markets.

Lifestyle May 21, 2024 | 08:49

F&B is still a game for TOP brands

With a growth rate of more than 10 per cent per year, the food and beverage market is still a vibrant playground led by big brands.

Entertainment May 24, 2024 | 19:58

Top Italian Wine Roadshow 2024 brings experience and opportunity

Top Italian Wine Roadshow 2024 will be held at the Rex Hotel, Ho Chi Minh City on June 3.

Videos

VIR talkshow on the green-digital dual transition

Cai Mep listed among world’s 30 largest ports

My Khe on Asia’s most beautiful beach list: Tripadvisor

Three-month FDI inflow into Vietnam up 13.4 per cent

Opportunities from billion-dollar export items

Green energy - A trend in sustainable development

Sustainable Development 2023 conference

Night tour to Hanoi's Temple of Literature officially launched

Vietnam’s overseas investment up 4.6 per cent during nine months

Smart tourism ecosystem being developed

PM visits leading tech firms in Silicon Valley

Sports

Sports May 23, 2024 | 15:49

Vietnam in same group with Indonesia, Philippines at ASEAN Cup 2024

Vietnam is in Group B together with Indonesia, Philippines, Myanmar and Laos at the 2024 ASEAN Cup, according to the results of the official draw that was held in Hanoi on May 21.

Sports May 20, 2024 | 16:00

Over 4,500 athletes join marathon in Binh Thuan

The Stop and Run Marathon BTV Binh Thuan 2024 was held in the central province of Binh Thuan on May 19, drawing over 4,500 athletes at home and abroad.

Sports May 17, 2024 | 17:11

U19 footballers summoned to prepare for Southeast Asian championship

Vietnam’s U19 football team will start their first training camp this year on May 17 to prepare for the 2024 Southeast Asian U19 championship and the 2025 continental U20 tourney qualification, said the Vietnam Football Federation (VFF).

Sports May 17, 2024 | 17:07

Vietnam wins poomsae gold at Asian Taekwondo Championship

Vietnam won a gold on the last day of the 2024 Asian Taekwondo Championship's poomsae (performance) discipline on May 15 in the central city of Da Nang.

Photos

Photos May 17, 2024 | 09:23

Dreamy Hanoi during crape myrtle flower season

In the early days of May, many streets around Hanoi are dyed purple by crape myrtle flowers, creating an incredibly romantic and peaceful scene.

Photos May 07, 2024 | 14:00

Military parade celebrates 70th anniversary of Dien Bien Phu victory

A military parade took place on May 7 to celebrate the 70th anniversary of the historic victory of the battle of Dien Bien Phu.

Photos May 03, 2024 | 17:44

Metro line 1 nears operation

The first metro line in Ho Chi Minh City, linking Ben Thanh Market in District 1 to Suoi Tien in Thu Duc, could be in operation by the end of the year.

Photos February 27, 2024 | 15:12

Cai Mep - Thi Vai Port affirms Vietnam’s maritime position

The Cai Mep - Thi Vai International Port in Ba Ria-Vung Tau province plays a crucial role as a gateway connecting maritime trade routes among southern provinces of Vietnam. It also serves as a major international transshipment port, significantly reducing the transportation time between Vietnam and other countries.

Photos December 15, 2023 | 10:44

Green transportation towards sustainable urban development

Green transportation is not just a trend but also a pressing task in building a sustainable future for urban areas in Vietnam, especially major cities like the capital Hanoi.

Society

Swing for the Kids CSR

Deputy PM demands minimising procedures for social housing projects

Project in Hanoi and Ho Chi Minh City shares results on pandemic support work

Society May 27, 2024 | 17:32

Deputy PM demands minimising procedures for social housing projects

The Ministry of Construction (MoC) has been demanded to coordinate with other ministries and sectors to minimise processes and procedures for implementing social housing projects.

Society May 25, 2024 | 10:00

Project in Hanoi and Ho Chi Minh City shares results on pandemic support work

A closing workshop for a project on strengthening responses to the COVID-19 pandemic and support of vulnerable children has been held.

Swing for the Kids May 14, 2024 | 19:12

Swing for the Kids scholarships delivered to underprivileged students in Ha Tinh

Swing for the Kids scholarships have been given to disadvantaged students in Ha Tinh city.

Swing for the Kids May 14, 2024 | 18:53

Scholarships awarded to students in Nghe An province

Scholarships worth VND100 million ($4,000) from the Swing for the Kids Foundation have been awarded to 100 disadvantaged students in Nghe An province.

CSR May 27, 2024 | 15:52

DKSH empowers Vietnamese student innovations

The finale of “The Next Innovator Contest 2024” has been held to recognise 20 innovative ideas proposed by young students.

CSR May 24, 2024 | 11:28

SCG provides career opportunities, creating sustainable future for children with disabilities

SCG proudly continues its collaboration with Ba Ria - Vung Tau School for Children with Disabilities through the ‘My Career Dream’ initiative, in celebration of International Children's Day 2024.

World News

Thailand steps up foreign investment attraction

Indonesia calls for multilateral cooperation to fight terrorism

Philippines short of 190,000 health workers

Singapore private homes most expensive in Asia-Pacific

Malaysia strengthens measures to cope with COVID-19 wave

World News May 27, 2024 | 17:48

Thailand steps up foreign investment attraction

Thailand’s National Economic and Social Development Council (NESDC) has urged the government to facilitate the country’s transition to high-tech industries to attract investors as the second largest economy in the Southeast Asia is lagging behind others in the region in terms of growth rate and foreign direct investment (FDI) attraction.

World News May 27, 2024 | 17:45