Vietnam Investment Review

McDonald's Ben Thanh store closes after 10 years

McDonald's will close its Ben Thanh outlet in Ho Chi Minh City on September 19, marking an end to a decade of operations in District 1.

Vietnam's alternative lending to reach over $441 million

Vietnam's alternative lending is expected to grow by 24 per cent in 2024.

Vietnam's resort real estate sector struggles to rebound

Several unlisted real estate firms in Vietnam’s resort and tourism sector have disclosed their financial performance for the first half of 2024.

Experts seek solutions to improve investment environment in Vietnam

Issues concerning foreign companies were raised at a policy dialogue held in Ho Chi Minh City on September 18.
Ministry outlines two economic growth scenarios for 2025

The Ministry of Planning and Investment recently presented to the Government three economic growth trajectories for 2025, with the highest rate forecast at 7.5 per cent.
Vietnam's GDP may slow up to 0.5 per cent due to Typhoon Yagi

Typhoon Yagi may reduce Vietnam's GDP by 0.2 per cent to 0.5 per cent, according to MUFG.

Spate of claims made in typhoon aftermath

SMEs getting easy to approach preferential loans

EVN's improper tariffing results in $36 million loss

Vietnam's spice industry heating up

Private producers see potential to export processed agricultural products to Pakistan

Private producers in Vietnam are taking proactive steps to export processed fruit and vegetables to Pakistan, aiming to increase the value of local agricultural produce.

Government resolution to support recovery after Typhoon Yagi

The government has issued Resolution No. 143 directing support for recovery after Typhoon Yagi.

The secret behind mattress maker Vua Nem's remarkable turnaround

Vua Nem, Vietnam's leading mattress retail chain, has achieved a pivotal turnaround, cut the risk of losses, and reported positive growth.

Corporate

CEO Talk Biz Link

SMEs getting easy to approach preferential loans

Corporate September 20, 2024 | 10:18

Private producers see potential to export processed agricultural products to Pakistan

Private producers in Vietnam are taking proactive steps to export processed fruit and vegetables to Pakistan, aiming to increase the value of local agricultural produce.

Corporate September 19, 2024 | 16:59

SMEs getting easy to approach preferential loans

On September 18, the Vietnam-ASEAN Association for Economic Cooperation Development (VASEAN) and the SMEs Development Fund held a workshop on access to preferential loans.

CEO Talk September 12, 2024 | 10:39

Andrew Khan appointed as new managing director of Carlsberg Vietnam

Andrew Khan has been appointed the new managing director of Carlsberg Vietnam.

Biz Link September 20, 2024 | 11:47

Industrial real estate to boom in 2025

Vietnam Investment Consulting (VNIC) successfully convened the National Industrial Real Estate Forum 2024, themed 'Capturing Trends, Leading the Market' on September 19 in Hanoi.

Investing

M&A Outbound Investment Investing in Haiphong

NextBold Capital eyes $100 million fund to back SMEs in Vietnam, Cambodia, and Laos

Hung Yen to build $415 million road connecting heritage sites along Red River

Investing September 20, 2024 | 10:15

NextBold Capital eyes $100 million fund to back SMEs in Vietnam, Cambodia, and Laos

NextBold Capital is raising its first fund to invest in SMEs across Vietnam, Cambodia, and Laos.

Investing September 19, 2024 | 15:53

Hung Yen to build $415 million road connecting heritage sites along Red River

Efforts underway to build an inter-regional route connecting cultural and spiritual heritage sites along the Red River and ensure seamless traffic in the Hanoi - Hung Yen - Ha Nam - Ninh Binh region.

M&A September 17, 2024 | 17:42

UK-based Cedo acquires Vinatic Recycling Company in Vietnam

UK-headquartered Cedo has acquired Vinatic, an innovative Vietnamese recycling operation, to expand its footprint in Vietnam.

Outbound Investment September 15, 2024 | 18:23

FPT opens new office in Sweden

Global technology corporation FPT is expanding its global footprint to meet the growing demands for digital services.

Your Consultant

KPMG PwC RSM Vietnam D.lion Dentons LuatViet

Ride-hailers race for market share after Gojek’s exit

Vietnam’s airport industry can break down barriers to secure investments

Your Consultant September 18, 2024 | 17:01

Ride-hailers race for market share after Gojek’s exit

Gojek’s withdrawal from the Vietnamese ride-hailing market has left a void that existing players are eager to fill.

Your Consultant September 12, 2024 | 16:00

Vietnam’s airport industry can break down barriers to secure investments

Vietnam is one of Southeast Asia’s most dynamic markets. In order to accommodate this both presently and into the future, the government has resolved to increase the number of airports to 30 (14 international and 16 domestic) by 2030 in its National Airport System Development Plan.

KPMG August 05, 2024 | 21:31

Consumers and dealer concerned about future of EVs

KPMG in Vietnam, in collaboration with EuroCham and Cho Tot Xe, has launched a report on the electric vehicle landscape.

PwC June 10, 2024 | 11:00

The next generation has what it takes

PwC last week launched its Global NextGen Survey report for Vietnam. Ng Siew Quan, Asia-Pacific Entrepreneurial and Private Business Leader for PwC Singapore; and Hoang Viet Cuong, Partner at Entrepreneurial and Private Business for PwC Vietnam, discussed with VIR’s Linh Le the key findings in the report.

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 July 31, 2024 | 16:24

Latest EU business survey highlights benefits of trade deal

A survey by the European Chamber of Commerce in Vietnam paints a nuanced picture of the EVFTA's impact.

Dentons LuatViet September 05, 2024 | 15:15

Extending foreign investment projects in Vietnam: unravelling obstacles

Vietnam's foreign investment faces obstacles due to complex and inconsistent legal procedures, especially in land use. Tran Duy Canh, managing partnerand Hoang Mai Khanh, trainee associate at Dentons LuatViet, highlight the need for policy reforms and increased transparency to strengthen Vietnam’s investment climate and draw more foreign investors.

Opinion

CMC Corporation: a pioneer in AI transformation

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

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

July 08, 2024 | 10:20

AIA leads the charge to healthier, longer, better lives

AIA Vietnam is navigating the promising yet challenging Vietnamese life insurance market under the helm of newly appointed CEO Andrew Loh

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.

Green Growth

Energy Efficiency Rethinking Plastics BASF

HDF Energy and Quang Ngai forge partnership for green hydrogen development

Australia experts offer input on Vietnam’s green energy transition

Promoting green innovation in agriculture

Banks lend significant amounts to green projects

US and Vietnam launch new projects to strengthen wildlife protection

Green Growth September 20, 2024 | 12:39

HDF Energy and Quang Ngai forge partnership for green hydrogen development

HDF Energy signs MoU to develop green hydrogen projects in the central province of Quang Ngai.

Green Growth September 19, 2024 | 15:09

Australia experts offer input on Vietnam’s green energy transition

Australian and Vietnamese experts gathered in Hanoi on September 18 for the inaugural Vietnam State of Energy Transition (VSET) Conference.

Green Growth September 18, 2024 | 17:46

Can Tho fighting river pollution

A major campaign in Can Tho city to collect harmful plastic waste from the river has been launched.

Green Growth September 18, 2024 | 09:00

Promoting green innovation in agriculture

Green agriculture is emerging as the optimal direction for the sector in Southeast Asia, as the region faces environmental and climate change challenges.

Green Growth September 17, 2024 | 16:57

Banks lend significant amounts to green projects

Many banks have recently poured thousands of billions of Vietnamese dong into green projects.

Green Growth September 17, 2024 | 13:49

US and Vietnam launch new projects to strengthen wildlife protection

Two new projects are set to counter wildlife trafficking and reduce illegal wildlife consumption.

Most viewed

Property

Green Buildings Industrial Properties

CapitaLand Development welcomes new homeowners at Heritage West Lake

Keppel and Samsung collaborate on smart technology solutions

Property September 19, 2024 | 16:43

CapitaLand Development welcomes new homeowners at Heritage West Lake

CapitaLand Development (CLD) has announced the handover of apartments at Heritage West Lake, its first luxury residential development in Hanoi.

Property September 18, 2024 | 17:42

Keppel and Samsung collaborate on smart technology solutions

Keppel and Samsung Vina Electronics have signed an MoU for the implementation of smart technology solutions in real estate.

Green Buildings August 28, 2024 | 12:47

More green buildings in Vietnam need to be realised

Vietnam needs to construct more green buildings to achieve its emission reduction goals, instead of focusing on winning green building recognition certificates.

Industrial Properties September 12, 2024 | 18:04

IDICO Tan Phuoc 1 Industrial Park granted investment certificate

IDICO Corporation received an investment certificate for a new project in Tien Giang on September 4.

Money

Insurance Smart Payment Trends Stock Monitor

Central bank preparations underway for Fed rate move

Spate of claims made in typhoon aftermath

Money September 19, 2024 | 22:00

Central bank preparations underway for Fed rate move

Investors have increased their bets on a strong interest rate cut by the US Federal Reserve next week. Trinh Ha, a financial market analyst from Exness Investment Bank, explained more to VIR’s Phuong Thu about the rate cute scenario and its impact on the Vietnamese markets.

Insurance September 19, 2024 | 17:00

Spate of claims made in typhoon aftermath

Insurers are processing widespread claims following Typhoon Yagi, with compensation efforts focusing on businesses, industrial facilities, and vehicle owners. Meanwhile, smaller businesses and homeowners are being encouraged to review their coverage options for future protection against natural disasters.

Insurance September 19, 2024 | 17:00

Spate of claims made in typhoon aftermath

Insurers are processing widespread claims following Typhoon Yagi, with compensation efforts focusing on businesses, industrial facilities, and vehicle owners. Meanwhile, smaller businesses and homeowners are being encouraged to review their coverage options for future protection against natural disasters.

Insurance September 13, 2024 | 18:43

Insurance companies can regain customer trust

The massive claims following Typhoon Yagi present an opportunity for the insurance sector to rebuild their reputation and earn customer trust.

Smart Payment Trends July 24, 2024 | 14:16

Visa report shows top scams impacting consumers and businesses globally

Visa released the spring 2024 edition of its Biannual Threats Report on July 24, outlining the top payment threats to consumers and businesses around the world.

Smart Payment Trends June 30, 2024 | 11:25

Visa and VNPAY strengthen partnership to advance contactless payments with VNPAY SoftPOS

Visa is collaborating with VNPAY to enhance contactless payments via VNPAY SoftPOS.

Infographics

Infographics August 30, 2024 | 08:44

Vietnam's destinations that are absolute tourist magnets

The Indian newspaper “Times of India” recently highlighted a series of famous destinations in Vietnam, calling them “magnets” for attracting tourists. Accordingly, Vietnam offers an appealing blend of stunning landscapes, historical sites, and a rich culture.

Infographics August 27, 2024 | 09:24

Frozen durian cleared for official export to China

On August 19, 2024, Vietnam’s Ministry of Agriculture and Rural Development and China’s General Administration of Customs signed a Protocol on Inspection, Plant Quarantine, and Food Safety for Frozen Durian Exports from Vietnam to China.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout September 04, 2024 | 16:54

Hanoi awarded Asia's Leading City Destination

Hanoi has been crowned Asia's Leading City Destination 2024 at the 31st World Travel Awards for Asia and Oceania.

Timeout September 04, 2024 | 10:25

Middle-class seeking luxury

Vietnam is emerging as a key market for luxury brands, driven by robust economic growth, an expanding middle class, and a rising number of ultra-wealthy individuals.

Timeout August 28, 2024 | 16:06

Mu Cang Chai to host paragliding festival during National Day holiday

A paragliding festival will be held in the northern mountainous province of Yen Bai’s Mu Cang Chai district from September 1-3, featuring pilots from across the country.

Timeout August 26, 2024 | 15:40

Ideal destinations to enjoy autumn in Northern Vietnam

From plains to high mountains or to the sea - Hanoi, Kim Boi (Hoa Binh), Sapa (Lao Cai) and Ha Long (Quang Ninh), the seasonal change from summer to autumn is the best time to explore destinations in Northern Vietnam.

Hotels & Restaurants September 20, 2024 | 08:44

Fusion Hotel Group to host yoga and wellness events for World Wellness Weekend

Fusion Hotel Group is rolling out a range of events to mark World Wellness Weekend from September 20-22.

The Insider September 04, 2024 | 15:14

Reu Hoi An offerings whisper tales of ancient identity and sustainability

Hoi An is well-known worldwide for its ancient town and cultural heritage. Founder of Reu Boutique Hotel Hoi An Le Quoc Viet explained to VIR‘s Hoang Dan why Hoi An’s individuals and businesses are eager to promote greener and healthier tourism.

Lifestyle September 16, 2024 | 19:28

Traditional mooncakes in demand this year

The Mid-Autumn Festival mooncake is focusing on traditional flavours with eye-catching designs and packaging.

Entertainment September 17, 2024 | 14:27

Vietnam to roll out tourism and cinema promotions in US

Vietnam is seeking to develop its tourism and film industry in US.

Videos

[Talk show] FED's interest rate cut scenario and its impact on the Vietnamese market

[Conference] Reducing Emissions in the Automotive Industry: All Roads Lead to Net Zero

[Conference] Tax Amendments to Promote Business Activities

[Talk show] Investment Pioneers for the Dual Transformation

[Conference] Scrutinising upcoming investment opportunities

[Talk show] Embracing AI for the Modern Media

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

Sports

Sports September 04, 2024 | 16:56

India's Rahil Gangjee shines at BRG Open Golf Championship in Danang

India's Rahil Gangjee has been crowned champion at the 2024 BRG Open Golf Championship in Danang.

Sports August 30, 2024 | 08:50

Nearly 150 golfers compete at BRG Open Golf Championship in Da Nang

The BRG Open Golf Championship Danang 2024 officially teed off on August 29 at the Legend Danang Golf Resort, bringing together 144 golfers from Vietnam and around the world to compete for a total prize pool of 100,000 USD.

Sports August 27, 2024 | 14:32

Tottenham-bound teen Yang called up by South Korea

Tottenham-bound teenager Yang Min-hyeok was handed his first international call-up after being named in South Korea's squad for next month's World Cup qualifiers.

Sports August 27, 2024 | 10:58

Spanish player claims victory at PBA-LPBA SY Bazzar Hanoi Open 2024

Spanish billiards player Daniel Sanchez emerged as the champion of the PBA-LPBA SY Bazzar Hanoi Open 2024, defeating Eom Sang-pil from the Republic of Korea (RoK) with a final score of 4-2.

Photos

Photos August 09, 2024 | 16:20

Proud islands in Gulf of Tonkin

With the dream of conquering the sea, since ancient times, Vietnamese people have settled in islands across the Gulf of Tonkin.

Photos July 26, 2024 | 10:40

Tens of thousands line up at night to pay respects to Party General Secretary Nguyen Phu Trong

As the night deepened, more and more people headed toward the National Funeral Hall at No. 5 Tran Thanh Tong in Hanoi on July 25. They stood orderly in lines stretching for kilometers, waiting for their turn to pay respects to Party General Secretary Nguyen Phu Trong.

Photos July 25, 2024 | 09:12

National mourning for Party General Secretary Nguyen Phu Trong: Respect-paying ceremony in Hanoi

The respect-paying ceremony of General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong is organised in the national mourning etiquette at the National Funeral Hall, No. 5 Tran Thanh Tong, Hanoi, from 7 AM to 10 PM on July 25 and from 7 AM to 1 PM on July 26, 2024.

Photos July 01, 2024 | 18:47

Lego factory on track for end of year

The $1.3 billion Lego factory in the southern province of Binh Duong is expected to be up and running by year-end.

Photos July 01, 2024 | 17:10

Inside BASF Vietnam's new office

BASF Vietnam has relocated its head office to Deutsches Haus Ho Chi Minh City.

Society

Swing for the Kids CSR

Joint initiative promotes food safety at traditional markets in Hanoi

AEON Group donates nearly $105,000 to support people affected by Typhoon Yagi

Society September 20, 2024 | 12:40

Joint initiative promotes food safety at traditional markets in Hanoi

An event was held on September 19 in Long Bien district to promote food safety at traditional markets.

Society September 20, 2024 | 08:43

AEON Group donates nearly $105,000 to support people affected by Typhoon Yagi

Members of AEON Group in Vietnam and the AEON 1% Club Foundation have donated nearly VND2.5 billion ($105,000) to support people affected by Typhoon Yagi.

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 September 18, 2024 | 17:48

The Dream School project inspires students with new initiatives

The Dream School, a non-profit organisation dedicated to ensuring inclusive and equitable education, recently hosted an engaging workshop on English strategies.

CSR September 17, 2024 | 14:25

Carlsberg Vietnam donates $44,000 to support Typhoon Yagi recovery efforts

Carlsberg Vietnam, together with its employees, has donated over VND1.1 billion ($44,688) to support northern cities and provinces in Vietnam severely hit by Typhoon Yagi.

World News

Thailand plans to hold talks with Myanmar to prevent cross-border flooding

Indonesia’s digital economy sector generates 1.75 billion USD in tax revenue

India helps ASEAN countries address typhoon consequences

Typhoon Yagi claims 74 lives in Myanmar, causes flooding in Thailand, Laos

Hong Kong seeks to build on ASEAN relationship

World News September 17, 2024 | 12:25

More mpox cases reported in Philippines

The Philippine Department of Health (DOH) on September 16 announced three additional cases of monkeypox (mpox), bringing the total confirmed cases across the country this year to 18.

World News September 17, 2024 | 12:08

Thailand plans to hold talks with Myanmar to prevent cross-border flooding

Thailand plans to hold discussions between its water resources management agencies and relevant agencies of Myanmar to tackle the common problem of flooding, as part of efforts to prevent a repeat of the devastating flooding that struck the two countries last week, an official has said.

World News September 17, 2024 | 12:02