Vietnam Investment Review

Next era of e-commerce: Digital transformation with sustainable development

E-commerce in Vietnam has entered a new era, focusing on sustainable development and digital transformation to become a driver of the economy.

More flexible visa policy finally on cards after multiple gripes

Vietnam is gearing up efforts to ease its visa requirements to facilitate travel for citizens from more countries.

Digital transformation: Faster - Smarter - Greener

VIR's forum on digital transformation on March 21 opened up practical information flows about digital and green transformation trends.

Tourism in Vietnam can achieve more

At VIR's roundtable today, experts agreed that Vietnam has yet to reach its potential as they shared suggestions on how to boost tourism.
VIR's rountable discussion sheds lights on the recovery of inbound tourism

VIR's roundtable discussion titled Seeking a Boost for Inbound Tourism kicked off on March 22 with insights to accelerate the recovery of international tourism.
Powering smarter and greener industries

Along with the deployment of 5G technology as a digitisation foundation, Vietnam has been setting up its infrastructure and human resources for a faster and greener digital transformation.

Expanding across borders to close the digital gap

Railway, seaport networks need to be arteries of economy: Deputy PM

Japanese firms eyeing investment opportunities in Vinh Long

Ho Chi Minh City proposes trial of multistorey parking spaces

Expert opinions on prospects of luring more foreign visitors to Vietnam

Industry professionals advise on the fact that Vietnam has not made significant progress in luring foreign visitors, despite offering a great deal of potential.

Largest-ever US trade delegation seeks more trade and investment

Leading enterprises in the United States, such as AES, Meta, SpaceX, Visa, and Boeing are looking forward to expanding business activities and demonstrating America's long-term commitment to Vietnam.

Clarifying rights of foreign individuals to own property in Vietnam

The right to own their land and property in Vietnam is among the key concerns of many foreigners who wish to live and work in Vietnam long term.

Corporate

CEO Talk Biz Link GE Vietnam Values

All options on the table as livestock firms take on losses

Corporate March 23, 2023 | 17:32

All options on the table as livestock firms take on losses

Livestock businesses in Vietnam are struggling with record low profits after a drop in both prices and demand.

Corporate March 23, 2023 | 11:57

Firms gearing up to boost exports

Businesses are sparing no effort to enhance export performance in the face of lingering headwinds in both the global and domestic markets.

CEO Talk March 13, 2023 | 08:55

Nokia laying groundwork for Vietnam’s digital economy

With over three decades of experience in ICT spanning across different countries, Nokia Vietnam general manager Rubén Moron Flores shared his insights with VIR’s Hong Giang regarding Nokia’s plan to bolster the data centre market and ICT infrastructure in Vietnam.

Biz Link March 23, 2023 | 16:47

C.P. Vietnam honoured for high-quality Vietnamese goods

C.P. Vietnam has been honoured at a top Vietnamese goods event for its animal and aquatic feed veterinary medicine.

Investing

M&A Outbound Investment 30 years of FDI Investing in Haiphong HOBBIT Investment

Investing March 23, 2023 | 19:00

Auto makers project bumpy years ahead

Car manufacturers are calling for the reinstatement of measures used during the pandemic in order to help boost flagging vehicle sales.

Investing March 23, 2023 | 17:00

Feed change advised for modernity

A reduction of crude protein content in animal feed, as is being carried out in other countries, has been requested by a number of foreign enterprises that aim to reduce feed production costs and aid carbon neutrality.

M&A March 20, 2023 | 07:18

CapitaLand negotiates to buy $1.5 billion of assets from Vinhomes

CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vinhomes JSC, sources familiar with the matter told Reuters.

Outbound Investment March 01, 2023 | 09:54

MBCambodia officially launches

MB has officially transformed its Cambodia branch as MBCambodia, a commercial bank with its headquarters and two offices located in Phnom Penh.

Your Consultant

KPMG PwC RSM Vietnam D.lion

Vietnam can enhance its role further within ASEAN

Vietnam must revisit policies to develop implementation of global minimum tax

Your Consultant March 23, 2023 | 20:00

Vietnam can enhance its role further within ASEAN

With Indonesia holding the ASEAN Chairmanship in 2023, the ASEAN Business Advisory Council Indonesia had a 2-day visit to Vietnam last week. Arsjad Rasjid, chairman of ASEAN BAC 2023, talked with VIR’s Thuy Dinh about how Vietnam and Indonesia to jointly bolster trade within the region and between both nations.

Your Consultant March 23, 2023 | 16:38

Vietnam must revisit policies to develop implementation of global minimum tax

Countries that have outbound and inbound investment activities have been making drastic moves in considering policies related to the global minimum tax (GMT). If Vietnam does not take immediate action or delays implementing it, it may miss the opportunity to have the right to tax and may be left behind in attracting foreign investment.

KPMG March 21, 2023 | 16:12

Digital transformation needs private and public sector support

International organisations and investors hope to work closely with the authorities and business community to foster digital transformation, raising demand for public-private partnerships.

PwC February 02, 2023 | 16:54

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.

RSM Vietnam March 14, 2023 | 10:07

RSM Vietnam stays ahead of the changing business environment

RSM Vietnam continues to support the development of its clients as it keeps up with the rapidly evolving business climate.

D.lion December 02, 2022 | 18:38

D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion honored at SME100 2022.

Opinion

Rubén Moron Flores

General manager of Nokia Vietnam

Nokia laying groundwork for Vietnam’s digital economy

Qualcomm partners with Vietnam for 5G rollout

Shah Zeb

Senior director, Business Development, Qualcomm Technologies

Qualcomm partners with Vietnam for 5G rollout

What might the Vietnamese economy look like in 2023?

Le Khanh Lam

chairman of RSM Vietnam

What might the Vietnamese economy look like in 2023?

Carola Richter

President in Asia-Pacific (excluding China) for BASF

BASF's route towards a circular economy

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

December 13, 2022 | 12:02

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.

September 19, 2022 | 08:25

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.

September 15, 2022 | 15:54

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.

August 15, 2022 | 14:41

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.

August 04, 2022 | 01:31

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.

Green Growth

Energy Efficiency Rethinking Plastics

Displaying readiness for the energy transition in Vietnam

No time to waste in building the offshore wind industry

Pricing structure not enough to clinch nation’s energy goals

MoNRE finalises regulations for offshore surveys

Net-Zero: Challenges and opportunities for Vietnamese businesses

Trungnam Group signs cooperartion agreement with Daegu city

Green Growth March 23, 2023 | 15:54

Displaying readiness for the energy transition in Vietnam

Vietnam’s current development highlights the urgent need to accelerate the global energy transition. John Rockhold, head of the Power and Energy Working Group under the Vietnam Business Forum, looks at how events have demonstrated the cost to the global economy of a centralised energy system dependent on fossil fuels.

Green Growth March 23, 2023 | 15:39

No time to waste in building the offshore wind industry

Action on accelerating offshore wind power projects is urgently needed if the government is to meet its targets for the decade.

Green Growth March 23, 2023 | 15:24

Pricing structure not enough to clinch nation’s energy goals

Ineffective pricing mechanisms could result in slowed or halted investment in wind and solar energy projects in Vietnam, making it harder to ensure a just energy transition.

Green Growth March 21, 2023 | 17:06

MoNRE finalises regulations for offshore surveys

The unclear regulation related to offshore survey licences which is of the main obstacles for offshore wind projects now in Vietnam is likely to be removed.

Green Growth March 21, 2023 | 10:00

Net-Zero: Challenges and opportunities for Vietnamese businesses

The process of the net-zero green transformation is urgent for Vietnamese enterprises, yet many are still mulling over where to start.

Green Growth March 20, 2023 | 10:52

Trungnam Group signs cooperartion agreement with Daegu city

Mayor of Daegu city Hong Joon Pyo, signed an MoU with Trungnam Group - one of the largest energy corporations in Vietnam - to promote the development of renewable energy and technology industries.

Most viewed

Property

Green Buildings Industrial Properties

Localities crack on with IP construction

Property March 23, 2023 | 14:42

Land law points further scrutinised

Clarifications on land use rights and property ownership for overseas lenders have been offered to the government from the foreign business community.

Property March 23, 2023 | 13:00

Localities crack on with IP construction

Heavy investment into industrial park infrastructure is being made in the hopes of it becoming a significant source of revenue.

Green Buildings January 09, 2023 | 07:15

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.

Industrial Properties March 13, 2023 | 09:12

SEP Group plans carbon-neutral industrial park in Binh Duong

SEP Group from Korea is interested in developing a $200 million carbon-neutral industrial complex in the southern province of Binh Duong.

Money

Insurance Smart Payment Trends Stock Monitor

The potential ramifications of US banking collapse

Money March 23, 2023 | 09:07

Banks continue with consolidation game

Activities pertaining to mergers and acquisitions across Vietnam’s banking system are expected to be robust in the foreseeable future as foreign strategic partners remain eager to broaden their influence.

Money March 23, 2023 | 09:00

The potential ramifications of US banking collapse

The collapse of Silicon Valley Bank in the United States on March 10 shook the financial markets, opening questions on whether systemic causes are not responsible for this development. Professor Andreas Stoffers, country director of the Friedrich Naumann Foundation in Vietnam, spoke with VIR’s Celine Luu about the situation and its wider impact.

Insurance March 22, 2023 | 17:33

Generali named insurer with best customer experience in Vietnam

Generali Vietnam has reaffirmed its position as market leader in customer experience at the 22nd Golden Dragon Awards.

Insurance March 17, 2023 | 12:01

Generali Group touts best-ever operating results in 2022

Generali achieved its best operating results in 2022 with continued growth in premiums and net results, putting it in an extremely solid capital position.

Smart Payment Trends March 02, 2023 | 16:55

Five trends driving small business success in 2023

Jeni Mundy, Senior Vice President, Global Head of Merchant Sales & Acquiring at Visa points out five trends driving small business success in 2023.

Smart Payment Trends February 27, 2023 | 14:25

Visa renews partnership with Ho Chi Minh City Department of Transport

Visa, the world’s leader in digital payments, has renewed its MoU with Ho Chi Minh City Department of Transportation to transform urban mobility across the city.

Infographics

Infographics March 16, 2023 | 16:01

Vietnamese cuisine sets five world records

For the first time, Vietnam has five culinary world records recognised by both the World Records Union (WorldKings) and the World Records Association (WRA).

Infographics March 02, 2023 | 17:15

Vo Van Thuong elected as State President

The 15th National Assembly elected Vo Van Thuong as the new President of Vietnam at its fourth extraordinary session on March 2.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout March 23, 2023 | 11:25

Visa exemption means international tourists can visit Phu Quoc for up to 30 days

Phu Quoc Island is an ideal choice for long-term relaxation thanks to a visa exemption policy for international visitors and temporary stays of up to 30 days.

Timeout March 22, 2023 | 15:54

Tourism in Vietnam can achieve more

At VIR's roundtable today, experts agreed that Vietnam has yet to reach its potential as they shared suggestions on how to boost tourism.

Timeout March 13, 2023 | 14:00

Angsana & Dhawa Ho Tram gains EarthCheck certification

Angsana & Dhawa Ho Tram is the first hospitality project in Southern Vietnam to achieve Silver certification from EarthCheck, the world’s leading consulting and advisory group for sustainable destinations and tourism organisations.

Timeout March 09, 2023 | 17:12

Ambitious action plan needed to lure international tourists

Vietnam already has an ambitious tourism development strategy in place, but the country needs a concrete action plan to attract more international tourists.

Hotels & Restaurants March 23, 2023 | 11:27

New urban resort and hospitality company launched in Vietnam

The Wafaifo Resort, a five-minute walk from Hoi An in central Vietnam, will be the first project for the ambitious hospitality consultancy firm.

The Insider March 06, 2023 | 09:38

Preserving traditional values through fashion

Renowned Japanese designer Kobayashi Eiko, founder of non-profit organisation Be-Japon, discussed with VIR’s Thai An about culture as symbolised in unique costumes that combine the typical traditional features of the Japanese kimono and Vietnamese ao dai.

Lifestyle March 07, 2023 | 15:50

American food blogger with love for Vietnamese street food