Vietnam Investment Review

TCP Group's CEO announced a new corporate plan

During his latest visit to Vietnam, the CEO of TCP Group, the owner of popular Thai energy drinks Red Bull and Warrior, announced the new corporate's business plan.

International School Ho Chi Minh City featured as Leading School in Queen's album

International School Ho Chi Minh City (ISHCMC) has been acknowledged and featured as one of the leading international schools globally in Queen Elizabeth II’s official Platinum Jubilee Pageant Commemorative Album, which was launched on June 5.

Talk show the path to smart factories in Vietnam

Industry leaders will gather at VIR’s talk show on June 24 to discuss digital transformation with 5G and the path to smart factories in Vietnam.

Vietnam’s ministries and private sector sit down on circular economy talk

The Vietnam Circular Economy Forum 2022 will be hosted on June 28 to convene relevant stakeholders for a debate on establishing circular business models.
PM attends Da Nang 2022 Investment Forum

Prime Minister Pham Minh Chinh on June 25 attended the Da Nang 2022 Investment Forum held in both online and in-person formats in the central city of the same name with the participation of a total of 900 delegates.
A more connected manufacturing sector through smart applications

Ericsson is committed to working alongside both foreign and local companies in Vietnam that share its vision for smart manufacturing.

Vietnam logs 699 new COVID-19 infections on June 18

Vietnamese lychees aim to go global

Tax deferrals help firms

AstraZeneca claims positive Covid medicine trial

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.

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.

Vietnam steady but external risks weigh

A new UOB outlook expects continuing growth of Vietnam in the time coming, despite some risks of inflation and further weakness of the VND.

Corporate

CEO Talk Biz Link GE Vietnam Values

Bangchak Corporation will sell electricity for Vietnam from September

The path to success with smart 5G manufacturing in Vietnam

Corporate June 27, 2022 | 15:18

Bangchak Corporation will sell electricity for Vietnam from September

BCPG, the renewable power generation arm of energy conglomerate Bangchak Corporation, will start to selling electricity for Vietnam from September.

Corporate June 27, 2022 | 11:32

The path to success with smart 5G manufacturing in Vietnam

With digitalisation and automation taking place in factories in Vietnam, manufacturers are expecting successful transformation ahead to increase factory capabilities and boost agility.

CEO Talk June 04, 2022 | 16:10

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.

Biz Link June 23, 2022 | 21:22

Corio partners with Vietnam’s FECON on Vung Tau wind farm

On June 22, Australian Corio Generation has signed an agreement with FECON, a leading Vietnamese construction and infrastructure group for a proposed 500MW offshore wind farm in Ba Ria in Vung Tau province.

Investing

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

EU supporting comprehensive implementation of the EVFTA

Investing June 27, 2022 | 19:25

EU supporting comprehensive implementation of the EVFTA

Implementation of the EU - Vietnam Free Trade Agreement is contributing to promoting trade and investment activities among business communities and people of both sides.

Investing June 27, 2022 | 15:16

TCP Group's CEO announced a new corporate plan

During his latest visit to Vietnam, the CEO of TCP Group, the owner of popular Thai energy drinks Red Bull and Warrior, announced the new corporate's business plan.

M&A June 09, 2022 | 09:53

Vietnam's M&A market shows sign of recovery

Both local and foreign companies are stepping up dealmaking activities post-COVID, indicating a recovery in Vietnam’s merger and acquisition (M&A) market.

Outbound Investment June 15, 2022 | 10:11

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.

Your Consultant

KPMG PwC RSM Vietnam ASL LAW ManpowerGroup Vietnam Indochine Counsel D.lion

Additional oil spike impacts cannot be ruled out

Your Consultant June 27, 2022 | 19:30

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.

KPMG June 27, 2022 | 12:22

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.

KPMG June 27, 2022 | 12:22

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.

PwC June 06, 2022 | 10:01

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.

RSM Vietnam June 23, 2022 | 19:44

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.

ASL LAW April 21, 2022 | 09:00

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.

ManpowerGroup Vietnam June 21, 2022 | 17:54

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.

Indochine Counsel May 05, 2022 | 15:38

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).

D.lion June 20, 2022 | 14:00

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.

Opinion

Boeing to increase its footprint in Vietnam's aviation market

Michael Arthur

President of Boeing International

Boeing to increase its footprint in Vietnam's aviation market

Journey of thriving sustainability by De Heus and Hung Nhon

Johan van den Ban

CEO of De Heus Vietnam

Journey of thriving sustainability by De Heus and Hung Nhon

Phillip Alexander Wray

General manager of DKSH Pharma Vietnam

DKSH supporting health innovation

Closing the gender gap in Vietnam's e-commerce

Emmanuelle Gounot

CEO of Intrepid Vietnam

Closing the gender gap in Vietnam's e-commerce

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

March 09, 2022 | 21:16

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.

December 27, 2021 | 07:55

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.

October 13, 2021 | 10:49

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.

July 13, 2021 | 10:49

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.

June 10, 2021 | 00:00

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.

Green Growth

Energy Efficiency Rethinking Plastics

Vietnam’s ministries and private sector sit down on circular economy talk

Retailers endeavor to promote sustainable consumption patterns

Developers expect smoother LNG policy planning

Closing event of Rethinking Plastics heralds new age of combatting plastic pollution

Coverage June 27, 2022 | 14:17

Vietnam’s ministries and private sector sit down on circular economy talk

The Vietnam Circular Economy Forum 2022 will be hosted on June 28 to convene relevant stakeholders for a debate on establishing circular business models.

Rethinking Plastics June 24, 2022 | 14:46

Retailers endeavor to promote sustainable consumption patterns

VIR presented a talk show titled Innovative Solutions & Substitutes for Single-use Plastic Towards Green Consumption on June 23 as part of a series of talks.

Green Growth June 23, 2022 | 14:57

Developers expect smoother LNG policy planning

The government has asked the Ministry of Industry and Trade to clarify the planning data and feasibility of liquefied natural gas power development towards 2030, which has set a target of almost 24,000MW, accounting for 16.4 per cent of the total power source in the nation’s draft master power plan.

Rethinking Plastics June 23, 2022 | 14:51

BAEMIN extends green journey in Vietnam

Jinwoo Song, CEO of BAEMIN Vietnam, unveiled some insights into the environmental impacts of the food delivery industry as well as highlighted BAEMIN’s actions.

Green Growth June 23, 2022 | 14:50

Investors clamour for wind incentives

Developers and investors are asking for incentives for the first step instead of a bidding mechanism to develop offshore wind power projects in Vietnam, in order to reach the target of 7GW of offshore wind power by 2030.

Green Growth June 23, 2022 | 11:53

Closing event of Rethinking Plastics heralds new age of combatting plastic pollution

MoNRE and Expertise France jointly organised the Closing Event of the “Rethinking Plastics" project in Hanoi on June 16.

Property

Green Buildings Industrial Properties

Fusion Resort & Villas Danang celebrates premium launch

Energy-efficient buildings on the rise in Vietnam

Property June 27, 2022 | 09:32

Fusion Resort & Villas Danang celebrates premium launch

Danang Nam Phat Villas & Hotel Co., Ltd. – a member of Lodgis Hospitality Holdings – is pleased to announce the launch of the Fusion Resort & Villas Danang.

Property June 26, 2022 | 12:52

Energy-efficient buildings on the rise in Vietnam

Developing energy-efficient buildings is an inevitable trend for Vietnam to achieve its environmental objectives.

Green Buildings April 13, 2022 | 14:42

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.

Industrial Properties June 14, 2022 | 14:15

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.

Money

Insurance Smart Payment Trends Stock Monitor

Ton Duc Thang University hosts conference on financial blockchain applications

Banking shares plummet to attractive prices

Money June 27, 2022 | 10:11

Ton Duc Thang University hosts conference on financial blockchain applications

The International Conference on Blockchain and Advanced Financial Management at Ton Duc Thang University was held last week.

Money June 26, 2022 | 12:34

Banking shares plummet to attractive prices

The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuations have dropped significantly to attractive prices.

Insurance June 24, 2022 | 14:48

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.

Insurance June 17, 2022 | 17:59

Insurance companies prohibited from trading real estate

Insurance companies will not be permitted to invest in real estate starting January 1, 2023, as regulated in the revised Law on Insurance Business.

Smart Payment Trends June 20, 2022 | 10:19

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.

Smart Payment Trends June 20, 2022 | 08:33

Involve Asia makes its foray into Vietnam

Involve Asia, a platform for partnership marketing in Southeast Asia, has expanded to Vietnam.

Infographics

Travel June 09, 2022 | 20:01

Foreign arrivals to Vietnam surge in five months of 2022

Foreign arrivals to Vietnam surged in the first five months of this year.

Infographics June 07, 2022 | 11:22

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.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout June 27, 2022 | 09:50

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.

Timeout June 27, 2022 | 09:49

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.

Timeout June 23, 2022 | 15:08

Danang prepared for much-needed tourism influx

The central city of Danang is attaching great importance to sustainable development by exerting its efforts to promote the recovery of the local tourism industry.

Timeout June 21, 2022 | 09:08

Hue Festival 2022 to take place from June 25-30

The Hue Festival 2022 is scheduled to take place from June 25-30 with eight major programmes and many sidelines events, the People’s Committee of Thua Thien-Hue province unveiled at a press conference on June 20.

Hotels & Restaurants June 27, 2022 | 09:49

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.

The Insider April 07, 2022 | 16:48

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.

Lifestyle June 21, 2022 | 17:01

An enduring commitment to premium F&B products from Australia

Over the years, Australian products have seen an increasing demand among Vietnamese consumers.

Entertainment June 24, 2022 | 17:24

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.

Videos

Live: Talk show the path to smart factories in Vietnam

Live: Talk show "Innovative Solutions & Substitutes for Single-use Plastic towards Green Consumption"

Live: Talk show to discuss solutions on reducing plastics in retail and services

Vietnam approves strategy on foreign investment cooperation

Vietnam nominated in 10 categories at World Travel Awards 2022

Talk show Reducing Plastics Waste via the Circular Economy

Cabinet meeting discusses socio-economic development

Talkshow Vietnamese NFT game startups attract foreign investors

Key southern economic region a magnet for FDI

Intel plans to increase investment in Vietnam

Conference Strengthening Public-private Partnerships for Sustainable Healthcare Transformation

Sports

FOTA Djinn Guild

Sports June 27, 2022 | 14:22

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.

Sports June 23, 2022 | 17:46

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.

Sports June 23, 2022 | 14:26

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.

Sports June 22, 2022 | 11:51

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.

Photos

Photos June 16, 2022 | 17:33

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.

Photos June 15, 2022 | 13:59

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.

Photos June 14, 2022 | 14:23

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

Photos June 06, 2022 | 10:53

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.

Photos May 16, 2022 | 10:08

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.

Society

Swing for the Kids CSR

Court reduces prison sentence for former Hanoi Chairman Nguyen Duc Chung

WB committed to support Vietnam in implementing Mekong Delta master plan

Society June 23, 2022 | 17:49

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.

Society June 22, 2022 | 10:03

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.

Swing for the Kids April 18, 2022 | 08:23

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.

Swing for the Kids April 16, 2022 | 21:01

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.

CSR June 22, 2022 | 20:46

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.

CSR June 10, 2022 | 11:00

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.

World News

Vietnam, Australia promote trade, investment partnership

Indonesia will overcome new wave of COVID-19: official

ASEAN holds policy dialogue on regional circular economy

Thailand invests 100 million USD to boot job market

World News June 26, 2022 | 12:29

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.

World News June 26, 2022 | 12:25

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.

World News June 23, 2022 | 17:43

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.

World News June 23, 2022 | 15:57

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.

World News June 22, 2022 | 10:21

ASEAN holds policy dialogue on regional circular economy

The ASEAN Secretariat, in collaboration with the Economic Research Institute for ASEAN and East Asia (ERIA), have held the Multi-Stakeholder Policy Dialogue on Empowering ASEAN For Circular Economy online.

World News June 22, 2022 | 10:11

Thailand invests 100 million USD to boot job market

Thailand’s cabinet has approved a budget worth 3.5 billion THB (100 million USD) to hire more than 68,000 recent graduates and jobless people nationwide through BCG (bio-, circular and green) projects to kick-start the job market as the COVID-19 pandemic continues to subside.