Vietnam's second-quarter GDP growth hits a decade-long record high

Vietnam's second-quarter GDP growth hits a decade-long record high

Vietnam's GDP growth accelerated to just over 7.7 per cent in the second quarter of 2022, its highest figure since 2011.
International webinar on Vietnam's Market Entry Opportunities and Strategy

International webinar on Vietnam's Market Entry Opportunities and Strategy

On June 28, the Vietnam National Innovation Center organised the Vietnam Market Entry Opportunities and Strategy international webinar.
Public Bank launches its Mobile banking application in Vietnam

Public Bank launches its Mobile banking application in Vietnam

On 06 June 2022, Public Bank Vietnam unveiled its latest digital offering – “PB engage VN”, a brand-new mobile banking application complete with comprehensive features, providing customers with optimum user experience and convenience.
NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit One Mount honoured by Google as Best Partner in Supply and Logistics
NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

National Assembly Chairman Vuong Dinh Hue and a high-level delegation met with Prudential PLC.
One Mount honoured by Google as Best Partner in Supply and Logistics

One Mount honoured by Google as Best Partner in Supply and Logistics

Recognised amongst leading businesses worldwide, One Mount Group was recently honoured by Google Cloud for being an industry best practice.
Exciting possibilities open up thanks to Nordic expertise

Exciting possibilities open up thanks to Nordic expertise

Diversity and inclusion enable everyone to reach their full potential. Thue Quist Thomasen, chairman of the Nordic Chamber of Commerce Vietnam, explained to VIR’s Nguyen Thu how Nordic companies can help develop the next generation of Vietnamese business leaders.
Beyond Communication to win the SME100 Awards 2021

Beyond Communication to win the SME100 Awards 2021

Established in 2016, Beyond Communication is a company with professional, dedicated, and experienced Vietnamese staff from different backgrounds.
Haiphong promotes renewable energy investment in industrial parks Adani Group to pour $10 billion into Lien Chieu Port
Haiphong promotes renewable energy investment in industrial parks

Haiphong promotes renewable energy investment in industrial parks

The event, which took place on the morning of June 29, is the concretisation of the sustainable development strategy of Haiphong's marine economy to 2030, with a vision of 2045.
Adani Group to pour $10 billion into Lien Chieu Port

Adani Group to pour $10 billion into Lien Chieu Port

Indian Adani Group will cooperate with Anh Phat Investment Construction and Trading JSC to develop the Lien Chieu Port with the capital of $10 billion.
Vietnam's OnPoint bags $50 million in Series B from SeaTown

Vietnam's OnPoint bags $50 million in Series B from SeaTown

SeaTown has invested $50 million in OnPoint, a Vietnamese e-commerce solutions provider.
VinFast plans to open more than 50 stores in Europe

VinFast plans to open more than 50 stores in Europe

VinFast has announced its plan to open more than 50 VinFast Stores across Germany, France, and the Netherlands.
Additional oil spike impacts cannot be ruled out Family businesses: Continuing the future of a legacy
Additional oil spike impacts cannot be ruled out

Additional oil spike impacts cannot be ruled out

The Russia-Ukraine conflict has increased global oil market volatility. The economic impact of another oil price shock, should it materialise, would be significant.
Family businesses: Continuing the future of a legacy

Family businesses: Continuing the future of a legacy

KPMG Enterprise, in collaboration with the STEP Project Global Consortium, has conducted an in-depth global survey of nearly 2,500 family business leaders. Following that, a series of roundtable discussions with family business CEOs, academics, and advisers were carried out in February, before the survey report was released in May.
Family businesses: Continuing the future of a legacy

Family businesses: Continuing the future of a legacy

KPMG Enterprise, in collaboration with the STEP Project Global Consortium, has conducted an in-depth global survey of nearly 2,500 family business leaders. Following that, a series of roundtable discussions with family business CEOs, academics, and advisers were carried out in February, before the survey report was released in May.
Key questions business leaders need to address

Key questions business leaders need to address

Last year, we wrote about how the pandemic had accelerated a range of global disruptions and, in our view, those same forces still hold true today, and will continue to set the agenda for private businesses for the medium to long term.
What businesses should prepare for the tax inspection

What businesses should prepare for the tax inspection

As tax authorities are tightening their grip on tax collections, taxpayers in Vietnam need to prepare for the growing number of inspections in the upcoming years.
Cleaning up legislation for NFT success in Vietnam

Cleaning up legislation for NFT success in Vietnam

Traditional games are becoming more advanced through blockchain and non-fungible tokens. Pham Duy Khuong, Nguyen Thuy Chung, and Doan Nam from ASL LAW, however, note the many barriers still make the technology difficult to develop and greatly affect investment prospects.
Stakeholders seek sustainable strategies to retain workers

Stakeholders seek sustainable strategies to retain workers

More than 200 business leaders and representatives from authorities met on June 14 to discuss sustainable strategies for attracting and retaining workers.
Positive scenarios for working capital development

Positive scenarios for working capital development

Security over receivables is mainly regulated by the Civil Code 2015 and Decree No.21/2021/ND-CP, as well the Law on Credit Institutions 2010, and its detailing and guiding Circular No. 02/2017/TT-NHNN promulgated by the State Bank of Vietnam (SBV).
A rising star in Vietnam’s gaming sector

A rising star in Vietnam’s gaming sector

By utilising an advanced technology platform, Fight of the Ages has built a fantasy world full of mythological adventure, with a system of non-fungible tokens and characters coupled with a multiplayer online battle arena to create a spectacular experience.
Boeing to increase its footprint in Vietnam's aviation market

Boeing to increase its footprint in Vietnam's aviation market

Journey of thriving sustainability by De Heus and Hung Nhon

Journey of thriving sustainability by De Heus and Hung Nhon

DKSH supporting health innovation

DKSH supporting health innovation

Closing the gender gap in Vietnam's e-commerce

Closing the gender gap in Vietnam's e-commerce

Contributing to Vietnam’s green energy shift (Emagazine)

Contributing to Vietnam’s green energy shift (Emagazine)

With over 3,200km of coastline, Vietnam has huge potential for offshore wind power ventures. Stuart Livesey, senior director and head of Copenhagen Offshore Partners in Vietnam, explained to VIR about Vietnam’s wind power market and how the project he is involved in will contribute towards shaping the country’s offshore wind sector.
PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

On November 23, 2021, a round table discussion between PetroVietnam and US investors took place with the topic of potential energy investment in Vietnam.
Green from the get-go: Gamuda Land’s blueprint for sustainable success in Vietnam

Green from the get-go: Gamuda Land’s blueprint for sustainable success in Vietnam

Transitioning to a circular, green economy is no walk in the park – it is a daunting task that requires collective efforts. Dennis Ng Teck Yow, general director of Gamuda Land Vietnam (Hanoi) explained to VIR’s Song Huong the sustainability journey of the Malaysian property developer and how it is making a better Vietnam.
Ambassadors of peace

Ambassadors of peace

With only around half a year left, Vietnam’s participation as a non-permanent member of the United Nations Security Council (UNSC) soon comes to end. Thus, it is time to take a look at the Vietnamese people who have contributed to the UN’s endeavour of securing peace in the war-torn Republic of South Sudan.
SABECO clears house at international beer awards to take local brand to the world

SABECO clears house at international beer awards to take local brand to the world

Overcoming hundreds of entries from across the globe, Vietnam's largest brewer SABECO has showed up strong at the Australian International Beer Awards, bringing the local brand into consumers’ minds across the globe.
Home Credit publishes its 2021 Sustainability Report EDPR forays into Vietnam's renewable energy market after taking over a solar PV project Vietnam primed for circular and sustainable advancement AEON determined to fortify green lifestyle Starbucks CSR initiatives gather pace Carlsberg modernising production for sustainability
Home Credit publishes its 2021 Sustainability Report

Home Credit publishes its 2021 Sustainability Report

Home Credit on June 30 released its Sustainability Report 2021, detailing the company’s progress in delivering on environmental, social, and governance (ESG) principles, such as by promoting financial inclusion and offering responsible products and services to underserved populations.
EDPR forays into Vietnam's renewable energy market after taking over a solar PV project

EDPR forays into Vietnam's renewable energy market after taking over a solar PV project

EDPR on June 30 announced its foray into Vietnam following an acquisition of a 28MW solar PV project for $36 million.
Vietnam primed for circular and sustainable advancement

Vietnam primed for circular and sustainable advancement

We only have this planet to live on and need to transition to a circular economy now, asserted the Ministry of Natural Resources and Environment at the Conference for the National Action Plan on Circular Economy on June 28.
AEON determined to fortify green lifestyle

AEON determined to fortify green lifestyle

Nguyen Bang Lang, in charge of sustainable development at AEON Vietnam, shared with VIR’s Tra My initiatives to reduce single-use plastics at one of the largest retailers in Vietnam.
Starbucks CSR initiatives gather pace

Starbucks CSR initiatives gather pace

The food and beverage sector in Vietnam is looking to capitalise on the economic recovery by kickstarting goals in corporate social responsibility. Patricia Marques, general manager of Starbucks Vietnam, explained to VIR’s Quang Bao how the company is attempting to push forward with more initiatives in the name of sustainable development.
Carlsberg modernising production for sustainability

Carlsberg modernising production for sustainability

Carlsberg Vietnam is continuing to deliver high-quality products at its modern factory, showing a continued focus on evolving technology and sustainable practices.
Dhawa Ho Tram Hotel topped out on schedule Ring road plan to transform market
Dhawa Ho Tram Hotel topped out on schedule

Dhawa Ho Tram Hotel topped out on schedule

The Dhawa Hotel topping-out ceremony on June 17 at Angsana & Dhawa Ho Tram luxury hotel and resort complex marked a milestone in the civil work process completion.
Ring road plan to transform market

Ring road plan to transform market

Concerns are being raised over how to ensure efficiency and improve real estate prospects, as projects to set up Ring Road 4 in Hanoi and Ring Road 3 in Ho Chi Minh City are proposed.
IFC subscribes to $44 million bond to promote green housing

IFC subscribes to $44 million bond to promote green housing

On April 12, International Financial Corporation announced it had subscribed to a roughly $44 million bond to be issued by Nam Long Investment Corporation.
Hanoi pushes investment into industrial zones in 2022

Hanoi pushes investment into industrial zones in 2022

Hanoi Industrial and Export Processing Zones Management Authority aims to complete one new industrial zone and finalise investment procedures for others this year.
Collectius acquires more than $800 million of non-performing loans in Vietnam Spooked investors keep tabs on market turbulence
Collectius acquires more than $800 million of non-performing loans in Vietnam

Collectius acquires more than $800 million of non-performing loans in Vietnam

Collectius acquired its first portfolios in Vietnam, securing more than $800 million of NPLs from a local commercial bank.
Spooked investors keep tabs on market turbulence

Spooked investors keep tabs on market turbulence

The value of Vietnam’s market is expected to reach a favourable level despite the fact that the VN-Index is still in a downturn, causing a significant sell-off by investors.
NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

National Assembly Chairman Vuong Dinh Hue and a high-level delegation met with Prudential PLC.
Generali Group toasts Q1's upbeat performance

Generali Group toasts Q1's upbeat performance

On June 22, Generali Vietnam released its parent company's first-quarter financial report which highlights excellent profitability and a solid capital position.
Visa makes effort to drive awareness of digital pay

Visa makes effort to drive awareness of digital pay

Digital payment giant Visa is extending its comprehensive support, especially on Vietnam’s annual Cashless Day on June 16, to drive awareness and usage of digital payments among consumers and businesses across the country.
Involve Asia makes its foray into Vietnam

Involve Asia makes its foray into Vietnam

Involve Asia, a platform for partnership marketing in Southeast Asia, has expanded to Vietnam.
Foreign arrivals to Vietnam surge in five months of 2022

Foreign arrivals to Vietnam surge in five months of 2022

Foreign arrivals to Vietnam surged in the first five months of this year.
Ordinary passports issued online from June 1

Ordinary passports issued online from June 1

The Ministry of Public Security officially issued ordinary passports without electronic chips online for Vietnamese citizens from June 1, 2022.
Visitors to Phu Quoc surge in June

Visitors to Phu Quoc surge in June

The number of visitors to the resort island of Phu Quoc, the southern province of Kien Giang, surged strongly in June, with around 140 flights and over 40 ferries and boats carrying tens of thousands of tourists to and from the island each day.
Seminar promotes Danang as the place to come and live

Seminar promotes Danang as the place to come and live

The seminar on spurring Danang’s development as the place to come and live was launched in Danang city on June 27 by VIR in tandem with Sun Group.
First lobster festival to be organised in Phu Yen in July

First lobster festival to be organised in Phu Yen in July

Vietnam's first lobster festival is scheduled to take place in the southern central province of Phu Yen on July 30-31.
Wink Hotels revolutionises new breed of hotels for travellers

Wink Hotels revolutionises new breed of hotels for travellers

Wink Hotels is a new Vietnamese hospitality brand emerging in Indochina that takes a bold approach to affordable luxury in the region.
Wink Hotels revolutionises new breed of hotels for travellers

Wink Hotels revolutionises new breed of hotels for travellers

Wink Hotels is a new Vietnamese hospitality brand emerging in Indochina that takes a bold approach to affordable luxury in the region.
More Vietnamese businesswomen going digital

More Vietnamese businesswomen going digital

Nguyen Thi Tuyet Minh, chairwoman of the Vietnam Women Entrepreneurs Council (VWEC) talked with VIR’s Thai An about the growth of the community, as well as the necessary support required for female entrepreneurs to start and develop businesses successfully in the digital age.
An enduring commitment to premium F&B products from Australia

An enduring commitment to premium F&B products from Australia

Over the years, Australian products have seen an increasing demand among Vietnamese consumers.
Culture and food festival welcomes back nightlife lovers

Culture and food festival welcomes back nightlife lovers

The Saigon Night festival revived the long-awaited nightlife of many cities and provinces across the country after a long time of slumber due to the pandemic.
Red Bull and HAGL FC tournament reveal five fresh football talents

Red Bull and HAGL FC tournament reveal five fresh football talents

TCP Vietnam collaborated with Hoang Anh Gia Lai Football Club (HAGL FC), to organise the finals of the young talent recruitment tournament.
Football midfielder to play for French club

Football midfielder to play for French club

Leading footballer Nguyen Quang Hai has signed a contract with a club of France but he kept its name undisclosed.
Bia Saigon pitches in with football support

Bia Saigon pitches in with football support

Through a revamped football tie-up, Saigon Beer-Alcohol-Beverage Corporation is scoring big in its branding strategy.
Coach Gong wants young players to get more V.League game-time

Coach Gong wants young players to get more V.League game-time

Hanoi - After a campaign that saw U23 Vietnam cruise to the AFC U23 Asian Cup quarter-finals, Gong Oh-kyun has proved himself to be the right man for the job.
Beauty of over 500-year-old tiled-roof bridge in Nam Dinh

Beauty of over 500-year-old tiled-roof bridge in Nam Dinh

The tiled-roof Luong Market Bridge in Hai Anh commune in Hai Hau district is among the most ancient and famous covered bridges in the northern province of Nam Dinh, dating back more than 500 years. It was erected late in the 15th century in an architectural style that features a house on top. It is popular among visitors, especially young people.
Hanoi a friendly, safe destination in post-pandemic times

Hanoi a friendly, safe destination in post-pandemic times

Hanoi's tourism is bouncing back as the capital city is a friendly and safe destination for foreign tourists in the post-pandemic period.
Industrial zone workers: realities in low-quality living quarters

Industrial zone workers: realities in low-quality living quarters

Vietnam currently has 260 industrial zones in operation, with 75 more being planned, for over 16 million workers that generate massively for the country’s GDP. Industrial zone and social housing developers currently only meet less than 10 per cent of the
Gigantic potter’s wheels at Bat Trang Pottery Museum

Gigantic potter’s wheels at Bat Trang Pottery Museum

Inspired by potter’s wheels intersecting with each other, the Centre for Vietnamese Craft Village Quintessence was built in the heart of the ancient Bat Trang pottery village in Hanoi.
The beauty of Lang Co Bay

The beauty of Lang Co Bay

Lang Co Bay is voted as one of the world's most beautiful bays by the Worldbays Club in 2009. Seen from above, Lang Co looks like the ribbon crossing the ocean.
Court reduces prison sentence for former Hanoi Chairman Nguyen Duc Chung WB committed to support Vietnam in implementing Mekong Delta master plan
Court reduces prison sentence for former Hanoi Chairman Nguyen Duc Chung

Court reduces prison sentence for former Hanoi Chairman Nguyen Duc Chung

The People’s Court of Hanoi on June 22 lowered the prison sentence for former Chairman of the municipal People’s Committee Nguyen Duc Chung in a case related to the purchase of Redoxy-3C to treat polluted lakes in the city.
WB committed to support Vietnam in implementing Mekong Delta master plan

WB committed to support Vietnam in implementing Mekong Delta master plan

The World Bank (WB), an important development partner of Vietnam, is committed to support the Vietnam in implementing the newly unveiled Mekong Delta Regional Master Plan.
Sustaining Vietnamese youngsters' scholastic ambitions

Sustaining Vietnamese youngsters' scholastic ambitions

The organisers of the Swing for the Kids golf tournament continued raising funds for the Swing for Kids 2022 Scholarship Fund as well as an integrated auction.
Award-gala Swing For the Kids golf tournament garnered benevolent donors

Award-gala Swing For the Kids golf tournament garnered benevolent donors

The 15th Swing for the Kids charity golf tournament has concluded with nearly $105,000 raised by domestic and foreign donors.
Citi Vietnam organised several activities for Global Community Day 2022

Citi Vietnam organised several activities for Global Community Day 2022

Citi Vietnam organised tree planting events and blood donation programmes in both Hanoi and Ho Chi Minh City from June 10 to June 18.
The Marq donates over $4,300 to the Vietnam Fatherland Front’s new fund

The Marq donates over $4,300 to the Vietnam Fatherland Front’s new fund

The Vietnam Fatherland Front in Ho Chi Minh City has just launched an appeal for a fund for the national sea and islands and the fatherland frontline.
Taiwan harnesses smart agriculture to promote digital equality for farmers Vietnam joins ASEAN bazaar in Argentina ASEAN, UK launch dialogue partnership Vietnam, Australia promote trade, investment partnership Indonesia will overcome new wave of COVID-19: official Thailand: weaker baht helps exports
Taiwan harnesses smart agriculture to promote digital equality for farmers

Taiwan harnesses smart agriculture to promote digital equality for farmers

Leading Taiwanese companies have harnessed advanced technologies to promote digital equality for farmers.
Vietnam joins ASEAN bazaar in Argentina

Vietnam joins ASEAN bazaar in Argentina

The Vietnamese Embassy in Argentina, in collaboration with diplomatic missions of Malaysia, Thailand, the Philippines and Indonesia, all members of the Association of Southeast Asian Nations (ASEAN), organised an annual bazaar on June 25, featuring a wide range of their traditional handicrafts, food and musical performances.
ASEAN, UK launch dialogue partnership

ASEAN, UK launch dialogue partnership

The Association of Southeast Asian Nations (ASEAN) and the United Kingdom convened the inaugural ASEAN-UK Joint Cooperation Committee (AUKJCC) Meeting via videoconference on June 24, marking the start of a formal partnership to strengthen their long-standing ties.
Vietnam, Australia promote trade, investment partnership

Vietnam, Australia promote trade, investment partnership

The Australia-Vietnam Business Council (AVBC) held a conference in Sydney on June 23 to promote trade and investment partnerships through the strengthening of the Australia-Vietnam Enhanced Economic Engagement Strategy that was reached between the two countries in late 2021.
Indonesia will overcome new wave of COVID-19: official

Indonesia will overcome new wave of COVID-19: official

Indonesia is confident that it can overcome another wave of COVID-19 infections caused by BA.4 and BA.5 sub-variants of Omicron in the context that most of the people in this country already have high antibodies due to a past illness or have been vaccinated.
Thailand: weaker baht helps exports

Thailand: weaker baht helps exports

The weaker baht is expected to boost the Thai economy and increase real GDP of the country by 0.4 percent, but not all manufacturers will reap the benefits, according to the Industry Ministry of Thailand.