Uneven credit growth registered in first eight months

Uneven credit growth registered in first eight months

Credit growth bounced back in August after a previous slowing.
Vietnam’s rice exports deliver strong yield

Vietnam’s rice exports deliver strong yield

The country has strengthened its position as a major rice exporter as prices surge worldwide.
Prospects of Argentina-Vietnam trade and investment cooperation for 2024 and beyond: key drivers

Prospects of Argentina-Vietnam trade and investment cooperation for 2024 and beyond: key drivers

The future of trade and investment cooperation between Argentina and Vietnam looks promising, presenting considerable opportunities for both nations. This optimism is based on the robust and historically strong bilateral relationship that Argentina and Vietnam have cultivated over the years.
Startup business models can be built centred on AI Singaporean tech firms seek key expansions in Vietnam
Startup business models can be built centred on AI

Startup business models can be built centred on AI

Experts believe that while startups may face challenges in the initial phase, success could be more attainable if they build their business model around AI.
Singaporean tech firms seek key expansions in Vietnam

Singaporean tech firms seek key expansions in Vietnam

Singaporean businesses are seeking to expand opportunities in the data centres and ICT requirements in Vietnam. George Choo, president of the Association of Telecommunications and Technology Industry in Singapore, talked to VIR’s Bich Thuy about their future plans and the market prospects.
CEOs at listed firms earn $100,000 average salary

CEOs at listed firms earn $100,000 average salary

CEO remuneration at listed firms in the country was over $100,000 last year.
Prospects of Argentina-Vietnam trade and investment cooperation for 2024 and beyond: key drivers

Prospects of Argentina-Vietnam trade and investment cooperation for 2024 and beyond: key drivers

The future of trade and investment cooperation between Argentina and Vietnam looks promising, presenting considerable opportunities for both nations. This optimism is based on the robust and historically strong bilateral relationship that Argentina and Vietnam have cultivated over the years.
Investors need guidelines for IFC ambitions Big firms seeing potential in logistics
Investors need guidelines for IFC ambitions

Investors need guidelines for IFC ambitions

Several foreign investors are eager to partner with the Vietnamese government to develop a financial centre in the country, but emphasise the need for more open and innovative mechanisms to make it happen.
Big firms seeing potential in logistics

Big firms seeing potential in logistics

Many foreign companies are bolstering investments in Vietnam’s logistics market to tap into the burgeoning cross-border trade transportation.
Dat Bike secures $4 million convertible loan

Dat Bike secures $4 million convertible loan

InfraCo Asia announced on August 26 that it has provided a $4 million convertible loan to Vietnamese electric two-wheeler manufacturing company Dat Bike.
Viettel Global posts revenue growth of 25 per cent in H1

Viettel Global posts revenue growth of 25 per cent in H1

Viettel Global posted an impressive on-year increase of 25 per cent in its revenue from sales and service provision in the first six months of 2024.
Structural reforms needed for medium-term growth Vietnam sustaining growth amidst shifting FDI trends
Structural reforms needed for medium-term growth

Structural reforms needed for medium-term growth

The Vietnamese economy is showing signals of recovery, growing from 5.66 per cent in Q1 to 6.93 per cent in Q2. Paulo Medas, mission chief for Vietnam at the International Monetary Fund (IMF), talked with VIR’s Thanh Tung about the outlook, with some headwinds staying ahead.
Vietnam sustaining growth amidst shifting FDI trends

Vietnam sustaining growth amidst shifting FDI trends

Trade ties between the US and emerging market economies in the Asia-Pacific region are shifting from efforts to diversify supply chains out of China through “friendshoring” or “nearshoring”. Against this backdrop, Vietnam is among the Asia-Pacific markets relatively well-placed to gain from such shifts.
Consumers and dealer concerned about future of EVs

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.
The next generation has what it takes

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.
Exciting automotive industry changes must be followed

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.
Latest EU business survey highlights benefits of trade deal

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.
Extending foreign investment projects in Vietnam: unravelling obstacles

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.
AIA leads the charge to healthier, longer, better lives

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
Innovation for future communities

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.
SABECO: 2023 journey of community development

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.
Fuelling Vietnam's enterprises with 5G

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.
Igniting creativity: inside Sun Life Vietnam's innovative workspaces

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.
Solar power practicalities still to be ironed out following legislation change Solar panel market under fire for foreign anti-dumping Electricity legislation revamp in demand CME and Vista Global sign rooftop solar energy agreement Southeast Asia primed to play key role in growth of sustainable aviation fuel industry Black & Veatch to explore carbon capture opportunities in Vietnam
Solar power practicalities still to be ironed out following legislation change

Solar power practicalities still to be ironed out following legislation change

Rooftop solar power initiatives continue to face obstacles in implementation, despite rules on self-produced and self-consumed solar power being built.
Solar panel market under fire for foreign anti-dumping

Solar panel market under fire for foreign anti-dumping

Vietnam’s billion-dollar solar panel market is mostly dominated by foreign investors that face anti-dumping and countervailing duties.
Electricity legislation revamp in demand

Electricity legislation revamp in demand

Legislators are beginning to pore over changes to the Electricity Law that could aim to attract private investors while ensuring transparency in both prices and supply.
CME and Vista Global sign rooftop solar energy agreement

CME and Vista Global sign rooftop solar energy agreement

CME Solar Investment and Vista Global announced a partnership to promote rooftop solar energy in Vietnam on September 4.
Southeast Asia primed to play key role in growth of sustainable aviation fuel industry

Southeast Asia primed to play key role in growth of sustainable aviation fuel industry

Southeast Asia's can supply approximately 12 per cent of global sustainable aviation fuel (SAF) demand to meet the aviation industry's net-zero goal by 2050
Black & Veatch to explore carbon capture opportunities in Vietnam

Black & Veatch to explore carbon capture opportunities in Vietnam

US-based construction and engineering firm Black & Veatch is evaluating the feasibility and readiness of deploying carbon capture technology in Vietnam.
Best results will come from eco-IP direction Vietnam intent on realising green building aspirations
Best results will come from eco-IP direction

Best results will come from eco-IP direction

Although the initial investment cost is higher than the cost of building traditional industrial parks, developers are still encouraged to follow the strategy of building green industrial areas for long-term gains.
Vietnam intent on realising green building aspirations

Vietnam intent on realising green building aspirations

Although the amount of social housing in Vietnam is still very modest, the government and investors are determined to develop green social housing to meet market trends.
More green buildings in Vietnam need to be realised

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.
The trend of building large-scale ecological industrial zones at DEEP C

The trend of building large-scale ecological industrial zones at DEEP C

DEEP C
Standard Chartered Vietnam appoints first Vietnamese CEO Uneven credit growth registered in first eight months
Standard Chartered Vietnam appoints first Vietnamese CEO

Standard Chartered Vietnam appoints first Vietnamese CEO

Standard Chartered Bank Vietnam announced the appointment of Nguyen Thuy Hanh, CEO and head of Banking and Coverage.
Uneven credit growth registered in first eight months

Uneven credit growth registered in first eight months

Credit growth bounced back in August after a previous slowing.
Mixed fortunes remain in insurance segment

Mixed fortunes remain in insurance segment

Vietnam’s non-life insurance sector is growing robustly, but there remains barriers in bancassurance due to low public awareness and a confusing legal system.
Vietnam life insurance payouts surge 35 per cent to $1.24 billion in H1

Vietnam life insurance payouts surge 35 per cent to $1.24 billion in H1

Life insurers in Vietnam disbursed $1.238 billion in claims in the first half of 2024, marking a 35 per cent increase on-year.
Visa report shows top scams impacting consumers and businesses globally

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

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

Visa is collaborating with VNPAY to enhance contactless payments via VNPAY SoftPOS.
Vietnam's destinations that are absolute tourist magnets

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.
Frozen durian cleared for official export to China

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.
Hanoi awarded Asia's Leading City Destination

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.
Middle-class seeking luxury

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.
Mu Cang Chai to host paragliding festival during National Day holiday

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.
Ideal destinations to enjoy autumn in Northern Vietnam

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.
Hilton debuts in Laos with DoubleTree by Hilton Vientiane

Hilton debuts in Laos with DoubleTree by Hilton Vientiane

Hilton announced the opening of DoubleTree by Hilton Vientiane on September 4.
Reu Hoi An offerings whisper tales of ancient identity and sustainability

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.
Middle-class seeking luxury

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.
Chinese video game hit 'Black Myth' sells 10 mn copies in three days

Chinese video game hit 'Black Myth' sells 10 mn copies in three days

Hit Chinese video game "Black Myth: Wukong"has become one of the country's most successful productions, selling 10 million copies worldwide since launching earlier this week.
India's Rahil Gangjee shines at BRG Open Golf Championship in Danang

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

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.
Tottenham-bound teen Yang called up by South Korea

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

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.
Proud islands in Gulf of Tonkin

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

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

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.
Lego factory on track for end of year

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.
Inside BASF Vietnam's new office

Inside BASF Vietnam's new office

BASF Vietnam has relocated its head office to Deutsches Haus Ho Chi Minh City.
Vietnam's birth rate declines amidst disparity New DPMs tasked with nation’s safeguarding
Vietnam's birth rate declines amidst disparity

Vietnam's birth rate declines amidst disparity

Individuals with lower education levels tend to have more children, while wealthier families also tend to have fewer children than poorer ones.
New DPMs tasked with nation’s safeguarding

New DPMs tasked with nation’s safeguarding

Vietnam’s government apparatus has been consolidated with new deputy prime ministers amid the country making efforts to reach higher growth.
Swing for the Kids scholarships delivered to underprivileged students in Ha Tinh

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.
Scholarships awarded to students in Nghe An province

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.
Japfa offers 300 gifts to support students on first day of school

Japfa offers 300 gifts to support students on first day of school

Japfa Comfeed Vietnam donated backpacks and notebooks on September 5 to underprivileged students who have demonstrated resilience and academic success.
SCG awards scholarships to deserving students

SCG awards scholarships to deserving students

SCG has awarded 100 undergraduate scholarships worth VND1.5 billion to deserving students across Vietnam.
Hong Kong seeks to build on ASEAN relationship UK to join CPTPP in December Laos tightens monetary policy to ease inflation Stock Exchange of Thailand works to restore investors’ confidence Indonesia closely monitors development of monkeypox Thailand's tourism seeks ways to minimise flood consequences
Hong Kong seeks to build on ASEAN relationship

Hong Kong seeks to build on ASEAN relationship

The upcoming Belt and Road Summit will focus on deepening Hong Kong's ties with ASEAN, its second-largest trading partner.
UK to join CPTPP in December

UK to join CPTPP in December

The United Kingdom has secured final ratification for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
Laos tightens monetary policy to ease inflation

Laos tightens monetary policy to ease inflation

The Bank of the Lao PDR is set to further increase interest rate on Lao kip deposits from 10 per cent to 10.5 pc per year to alleviate inflationary pressures currently affecting the economy, reported the Vientiane Times.
Stock Exchange of Thailand works to restore investors’ confidence

Stock Exchange of Thailand works to restore investors’ confidence

Bangkok - The Stock Exchange of Thailand (SET) has announced a strategy to restore investors’ confidence in the country’s stock market with a focus on boosting credibility, increasing market capability and promoting sustainability.
Indonesia closely monitors development of monkeypox

Indonesia closely monitors development of monkeypox

Indonesian President Joko Widodo held a cabinet meeting on August 27 to discuss the development of Monkeypox (mpox) in the country.
Thailand's tourism seeks ways to minimise flood consequences

Thailand's tourism seeks ways to minimise flood consequences

Thailand’s tourism operators have called for a long-term plan to manage floods and storms to prevent possible damage to tourism and the economy, following the floods in northern provinces and a deadly landslide in Phuket.