Vietnam registers $3.6 billion trade surplus in first month of 2023

Vietnam registers $3.6 billion trade surplus in first month of 2023

Despite a decline in product exports and imports, the goods balance of trade was projected to be $3.6 billion in January 2023.
Strength to strength in EU relations

Strength to strength in EU relations

The EU-Vietnam Free Trade Agreement (EVFTA) has helped elevate trade and investment ties between Vietnam and the EU since it took effect in August 2020. Giorgio Aliberti, Ambassador and Head of the European Union Delegation to Vietnam, writes about how the EVFTA has contributed to this cooperation, and concerns from the EU side regarding the implementation process.
Investment opportunities booming despite increased volatility

Investment opportunities booming despite increased volatility

A VIR round table on February 7 discussed potential funding opportunities amid current volatility.
Vietnamese aviation market predicted to fully recover by year-end Producers face up to fight in mitigating GHG emissions
Vietnamese aviation market predicted to fully recover by year-end

Vietnamese aviation market predicted to fully recover by year-end

The Vietnamese aviation market is forecast to fully recover by the end of this year, according to a global outlook for the aviation industry released by the International Air Transport Association (IATA) recently.
Producers face up to fight in mitigating GHG emissions

Producers face up to fight in mitigating GHG emissions

A few large-scale cement production facilities face policy barriers in implementing emission reductions.
Commitment proves Vietnam is serious on change

Commitment proves Vietnam is serious on change

Vietnamese is hoping to move onwards and upwards in an economic sense over the next 12 months. Ramla Khalidi, resident representative of the United Nations Development Programme in Vietnam, spoke with VIR’s Nguyen Dat about how the country has performed, with achievements in ensuring the UN’s Sustainable Development Goals.
Rheem expands Binh Duong presence

Rheem expands Binh Duong presence

Water heating solution provider Rheem has announced further expansion of its manufacturing capacity in Binh Duong.
Coteccons - humble giant with big plans in Vietnam Vietnam’s transport sector seeking recovery and reboot
Coteccons - humble giant with big plans in Vietnam

Coteccons - humble giant with big plans in Vietnam

Coteccons Construction JSC experienced stellar achievements in 2022 amid tough competition in the local market. Bolat Duisenov, chairman at Coteccons talked to VIR’s Bich Thuy about the company’s expectations and plans for the year ahead.
Vietnam’s transport sector seeking recovery and reboot

Vietnam’s transport sector seeking recovery and reboot

While making good recovery during 2022, Vietnam’s transport sector is betting on new policies and plans to increase private investment to obtain its ambitious goals.
Rohto-Mentholatum Vietnam takes over Naris Cosmetics

Rohto-Mentholatum Vietnam takes over Naris Cosmetics

Rohto-Mentholatum Vietnam has completed the purchase and sale agreement and change of ownership of Naris Cosmetics Vietnam.
Stationery manufacturer Thien Long to increase outbound investment

Stationery manufacturer Thien Long to increase outbound investment

Thien Long Group has just adjusted the overseas investment capital for its Flexoffice project from $814,400 to $1.3 million.
Effects of new policies on foreign-invested groups Gauging efficient investment channels for the year
Effects of new policies on foreign-invested groups

Effects of new policies on foreign-invested groups

Foreign-invested enterprises are making a comeback and on the way to recovery after the extremely difficult last few years.
Gauging efficient investment channels for the year

Gauging efficient investment channels for the year

Looking back on 2022, right from the outset of the year, the economy rebooted strongly, reflected in economic growth data and banks’ lending practice. Yet by the end of the year, there were signs growth slowing due to the impacts from external and internal factors on the economy.
Managing working capital within a complex environment

Managing working capital within a complex environment

We ended 2022 amidst considerable uncertainty. The global economy is being impacted by several interlocking events such as the war in Ukraine and high food and fuel prices.
PwC Vietnam appoints Mai Viet Hung Tran as general director

PwC Vietnam appoints Mai Viet Hung Tran as general director

PwC Vietnam today announced Mai Viet Hung Tran as its next general director, with effect from July 1. Tran succeeds Dinh Thi Quynh Van, who has served as in the position for 12 years.
What might the Vietnamese economy look like in 2023?

What might the Vietnamese economy look like in 2023?

In 2022, Vietnam’s economy recorded many achievements, but there are still many obstacles such as the unstable global situation and inadequacy in the economy.
D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion honored at SME100 2022.
Qualcomm partners with Vietnam for 5G rollout

Qualcomm partners with Vietnam for 5G rollout

What might the Vietnamese economy look like in 2023?

What might the Vietnamese economy look like in 2023?

BASF's route towards a circular economy

BASF's route towards a circular economy

Sembcorp pledges green products and investment in Vietnam

Sembcorp pledges green products and investment in Vietnam

Accelerating digital transformation in Vietnam and the road to 5G

Accelerating digital transformation in Vietnam and the road to 5G

Vietnam is on a steady trajectory towards the digital age. The government has spared no effort in recent years to accelerate national digital transformation based on three key pillars: digital government, digital economy, and digital society.
Citi supporting Vietnam in connecting the global dots

Citi supporting Vietnam in connecting the global dots

Vietnam is considered by US group Citi as an attractive market. Ramachandran A.S., Citi country officer, talked to VIR’s Linh Le about the group’s efforts to utilise its global experience in the Southeast Asian nation, and its priorities moving forward.
Radisson Hotel Group spearheading hospitality growth in Asia-Pacific

Radisson Hotel Group spearheading hospitality growth in Asia-Pacific

With travel restrictions easing, air traffic increasing, and leisure and business travel bookings on the rise, Radisson Hotel Group is optimistic about the outlook for the hospitality industry in Asia-Pacific.
Secrets of the most special securities company in Vietnam

Secrets of the most special securities company in Vietnam

Techcom Securities’ (TCBS) leadership, with cutting-edge vision and execution muscle, has changed the course of the company over the last nine years since Nguyen Xuan Minh became chairman of the Board of Directors. VIR’s Tuan Khanh sat together with Minh and talked about his path, vision, and success story.
Promoting gender equality & enhancing women's economic empowerment

Promoting gender equality & enhancing women's economic empowerment

Vietnarn's national strategy on gender equality for the 2021-2030 period sets a target that by 2025, 60 per cent of state management ageneies and local governments at all levels will have female key leaders.
Super Energy Group powers ahead with expansion How to sprint ahead in 2023’s worldwide energy priorities Committed to empowering a brighter future $15.5 billion in financing for green energy from Just Energy Transition Partnership Vietnam must step up carbon reduction to enter EU markets 96 per cent of urban household wastes to be safely processed in 2023
Super Energy Group powers ahead with expansion

Super Energy Group powers ahead with expansion

Thailand’s Super Energy Group is demonstrating its commitment in the Vietnamese market through expanding investment and its portfolio.
How to sprint ahead in 2023’s worldwide energy priorities

How to sprint ahead in 2023’s worldwide energy priorities

Private industry and governments must team up to make progress on two goals in parallel – growing access to electricity while decarbonising the energy, transportation, and industrial sectors. Roger Martella, chief sustainability officer at GE, explains how this will be possible.
Committed to empowering a brighter future

Committed to empowering a brighter future

MUFG Vietnam believes empowering members of business and society to address environmental and social issues is an integral part of its mission. With that, we have been making relentless efforts to initiate conversations with clients and policymakers about the importance of transition finance.
$15.5 billion in financing for green energy from Just Energy Transition Partnership

$15.5 billion in financing for green energy from Just Energy Transition Partnership

$15.5 billion of financing is set to be mobilised for Vietnam’s green energy transition in 2023.
Vietnam must step up carbon reduction to enter EU markets

Vietnam must step up carbon reduction to enter EU markets

Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU's recently passed carbon levy, said industry insiders and policymakers.
96 per cent of urban household wastes to be safely processed in 2023

96 per cent of urban household wastes to be safely processed in 2023

Vietnam targets having 96 per cent of urban household wastes collected and processed up to standards this year, said Director of the Ministry of Natural Resources and Environment’s Vietnam Environment Administration Hoang Van Thuc.
Vietnam may become largest retail real estate market in region Ho Chi Minh City among top markets for data centre development
Vietnam may become largest retail real estate market in region

Vietnam may become largest retail real estate market in region

Hoang Nguyet Minh, senior director of Commercial Leasing at Savills Hanoi discussed the short-term prospects of investment at a VIR roundtable on February 7.
Ho Chi Minh City among top markets for data centre development

Ho Chi Minh City among top markets for data centre development

With many of the largest markets in the APAC region boasting particularly high land costs, only Ho Chi Minh City ranks within the top 10 for the land price category for data centres.
Phuc Khang Corporation's CEO attains new green building accolades

Phuc Khang Corporation's CEO attains new green building accolades

Phuc Khang Corporation and its CEO Luu Thi Thanh Mau have been bestowed with further accolades for work on green building development in Vietnam.
ESR scoops up strategic equity stake in BW Industrial

ESR scoops up strategic equity stake in BW Industrial

ESR Group Ltd. (ESR), through its wholly-owned subsidiary, has acquired a strategic equity stake in BW Industrial Development JSC (BW).
Central bank not tighten real estate credit: Deputy Governor Numerous stocks facing exit from exchange
Central bank not tighten real estate credit: Deputy Governor

Central bank not tighten real estate credit: Deputy Governor

The State Bank of Vietnam (SBV) has never issued any documents or statements ordering credit for real estate be tightened, Deputy Governor Dao Minh Tu said on February 8.
Numerous stocks facing exit from exchange

Numerous stocks facing exit from exchange

Following a prosperous 2021, about 15 per cent of all businesses on stock exchanges have reported losses after a difficult year in 2022.
Insurance groups take on legal switch

Insurance groups take on legal switch

Entering 2023, insurance companies are expected to move into a new era as the legal environment for the sector is refined.
AI in insurance - The inevitable trend in digital transformation

AI in insurance - The inevitable trend in digital transformation

With digital transformation being an inevitable movement, partnering with insurtech companies is an effective way for insurance companies in Vietnam go faster and smarter in the digital race.
Visa invites Asia-Pacific’s top startups to shape payment future

Visa invites Asia-Pacific’s top startups to shape payment future

Visa has announced an open call for startups across Asia-Pacific to apply for the Visa Accelerator Program 2023.
Students supercharge SMEs in Visa and CCVSA’s Financial Literacy programme

Students supercharge SMEs in Visa and CCVSA’s Financial Literacy programme

Visa has announced the three winning teams from its 10th annual Vietnam Financial Literacy programme, with H2L taking home the first prize.
Vietnam listed among top places to visit in the New Year

Vietnam listed among top places to visit in the New Year

Vietnam has been named one of the top 20 places to visit at the beginning of the new year by UK travel magazine Wanderlust for its beautiful natural sights, festive atmosphere, and favorable weather.
Cuc Phuong national park among leading national parks in Asia

Cuc Phuong national park among leading national parks in Asia

The Cuc Phuong National Park, a famous tourist destination in the northern province of Ninh Binh, has once again been named "Asia's Leading National Park".
Grand Mercure Danang prepared for new evolving market

Grand Mercure Danang prepared for new evolving market

The newly appointed general manager of Grand Mercure Danang Hotel David Coyle spoke with VIR’s Nhat Ha about his 25 years of experiences in the hospitality industry and his priorities in operating the hotel in Vietnam since the start of the year.
Hoi An, HCM City among world's top 25 trending destinations in 2023: TripAdvisor

Hoi An, HCM City among world's top 25 trending destinations in 2023: TripAdvisor

Germany’s famous travel site reisereporter.de has run an article highlighting the world’s top 25 trending destinations for 2023, including Vietnam’s Hoi An ancient city and Ho Chi Minh City, recently voted by readers of TripAdvisor – the world's largest travel guidance platform.
The rejuvenation of nation’s tourism

The rejuvenation of nation’s tourism

Tourism leaders share with VIR their new products, services, and bespoke experiences for Vietnam Tourism Year 2023.
Sheraton Grand Danang Resort & Convention Center hosts Indian billionaire wedding

Sheraton Grand Danang Resort & Convention Center hosts Indian billionaire wedding

In January 2023, Tuisha Seksaria and Gaurav Palrecha tied the knot at the BRG Group-owned Sheraton Grand Danang Resort & Convention Center.
Grand Mercure Danang prepared for new evolving market

Grand Mercure Danang prepared for new evolving market

The newly appointed general manager of Grand Mercure Danang Hotel David Coyle spoke with VIR’s Nhat Ha about his 25 years of experiences in the hospitality industry and his priorities in operating the hotel in Vietnam since the start of the year.
Lifelong love for suit tailoring

Lifelong love for suit tailoring

Nghiem Van Hung, owner of Van Hung Tailor, boasts nearly 50 years of experience. He spoke to VIR’s Hoang Oanh about his love for custom tailored suits and his desire to preserve the family business.
Vietnam wins big at Vietnam Trail Marathon

Vietnam wins big at Vietnam Trail Marathon

The Vietnam Trail Marathon took place in Moc Chau with more than 3,500 runners racing up to 70km. It raised around $390,000 for good causes.
Regent Phu Quoc celebrates the Lunar New Year with flamboyant festivities

Regent Phu Quoc celebrates the Lunar New Year with flamboyant festivities

Let Regent Phu Quoc provide the ideal scenario for your most unforgettable Lunar New Year's Eve celebration with loved ones.
Mbappe injury hits PSG at crunch time in season

Mbappe injury hits PSG at crunch time in season

An injury to a key player is once again threatening to derail a Champions League campaign for Paris Saint-Germain with Kylian Mbappe having been ruled out of the first leg of their last-16 tie against Bayern Munich.
Vietnamese striker Tien Linh nominated for 2022 Asian Golden Ball

Vietnamese striker Tien Linh nominated for 2022 Asian Golden Ball

Vietnamese striker Nguyen Tien Linh has been listed among the 25 nominees for the Best Footballer in Asia 2022 award organised by Titan Sports of China.
Vietnam against Indonesia for Davis Cup World Group II berth

Vietnam against Indonesia for Davis Cup World Group II berth

According to the Vietnam Tennis Federation (VTF), Vietnam will play Indonesia in the 2023 Davis Cup World Group II Play-offs on February 4-5 at the Hanaka Paris Ocean Park in the northern province of Bac Ninh.
AFF Cup 2022: Surpassing Vietnam, Thailand retain championship

AFF Cup 2022: Surpassing Vietnam, Thailand retain championship

Thailand beat Vietnam 1-0 in the second leg of the AFF Cup 2022 final on January 16 at the former’s Thammasat Stadium.
Vietnamese crowd pagodas on New Year’s Day

Vietnamese crowd pagodas on New Year’s Day

Tradition has it that during the first days of the Lunar New Year, Vietnamese families go to pagodas to pray for a year of good luck, health, happiness, and prosperity.
Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador to Vietnam Hilde Solbakken and her family are enjoying a lot of Vietnamese traditions during their first Tet (Lunar New Year) in the country, including “xin chu” (asking for calligraphy from scholars).
First Da Lat hot air balloon festival fascinates visitors

First Da Lat hot air balloon festival fascinates visitors

Local people in and visitors to Da Lat city in the Central Highlands’ province of Lam Dong have had the chance to enjoy the famous tourist site from above on hot air balloon trips.
D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion honored at SME100 2022.
Cao Bang: Stunning beauty of under-the-radar tourist sites

Cao Bang: Stunning beauty of under-the-radar tourist sites

Along with Ban Gioc Waterfall, Nguom Ngao Cave, and Pac Bo Cave, the northern mountainous province of Cao Bang boasts a kaleidoscope of untouched destinations that are certain to touch visitors’ hearts due to their jaw-dropping landscapes.
16 districts in Hanoi record no poor households Labour market’s growth an opportunity for improving social welfare
16 districts in Hanoi record no poor households

16 districts in Hanoi record no poor households

As many as 16 districts in Hanoi - 11 urban and 5 rural ones - no longer have any households living under the poverty line, and the number of poor households in the capital city stands at 2,134, making up only 0.095% of its population.
Labour market’s growth an opportunity for improving social welfare

Labour market’s growth an opportunity for improving social welfare

The capital city of Hanoi’s labour market has seen positive developments after the Tet (Lunar New Year) holiday, presenting a ‘golden opportunity’ for the sustainable development and expansion of the social insurance system.
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.
Unilever Vietnam launches For a Loving Tet Season programme

Unilever Vietnam launches For a Loving Tet Season programme

To pay tribute to those who have silently made contributions to our society and community, Unilever Vietnam has launched the For a Loving Tet Season programme.
Nestlé Vietnam supports 8,000 disadvantaged people for Lunar New Year

Nestlé Vietnam supports 8,000 disadvantaged people for Lunar New Year

Nestlé Vietnam has granted thousands of gift packages to 8,500 workers, students, and families in remote areas.
RCEP creates new impetus for regional economic development Vietnam calls for ASEAN cooperation to spur tourism development Vietnam attends ASEAN+3 Tourism Ministers Meeting Thailand's capital pilots free space for street hawkers EU-Singapore launch digital partnership COVID-19 situation improves in Thailand
RCEP creates new impetus for regional economic development

RCEP creates new impetus for regional economic development

Since it entered into force in early 2022, the Regional Comprehensive Economic Partnership (RCEP) has helped strongly promote integration of value and supply chains, strengthen confidence in regional economic recovery and create new impetus for trade and investment growth in the region and the world, according to an article on the Zhongguopinglun (China review) website of Hong Kong (China).
Vietnam calls for ASEAN cooperation to spur tourism development

Vietnam calls for ASEAN cooperation to spur tourism development

Deputy Minister of Culture, Sports and Tourism Doan Van Viet has called on other ASEAN member countries to support and cooperate with each other in tourism development.
Vietnam attends ASEAN+3 Tourism Ministers Meeting

Vietnam attends ASEAN+3 Tourism Ministers Meeting

A Vietnamese delegation led by Deputy Minister of Culture, Sports and Tourism Doan Van Viet attended the 22nd ASEAN Plus Three Tourism Ministers Meeting in Indonesia’s Yogyakarta city on February 4.
Thailand's capital pilots free space for street hawkers

Thailand's capital pilots free space for street hawkers

Thailand's capital city of Bangkok has kicked off a project to offer space free of charge for hawkers and street vendors in the heart of the city in a bid to clear cluttered pavements.
EU-Singapore launch digital partnership

EU-Singapore launch digital partnership

The European Union (EU) and Singapore on February 1 signed in Brussels the EU-Singapore Digital Partnership (EUSDP) that will lead to a digital trade agreement to enable consumers and businesses to transact online more seamlessly and at lower costs.
COVID-19 situation improves in Thailand

COVID-19 situation improves in Thailand

The Thai Ministry of Public Health reported on January 30 that the local COVID-19 situation is improving.