Vietnam Investment Review

Assessing the potential of buy now, pay later services

Home Credit is betting on the prospects of buy now, pay later services in Vietnam. Michal Skalicky, chief customer officer of Home Credit Vietnam, shared with VIR’s Thanh Van his insight into the growth potential in Vietnam’s e-commerce market.

Keeping on top of crypto legislation

The growth of central bank involvement in the digital currency sector has significantly been increased in recent years, with many central banks considering launching a central bank digital currency.

Vietnamese place high value on pursuit of wealth

The Vietnamese are highly focused on becoming wealthy, demonstrating a strong desire to catch up with European nations, according to a recent workshop.

Lending a hand to progress for the business community

Vietnam Investment Review has been growing from strength to strength thanks to its continuous renovation with assorted activities highly appreciated by the business community.
Building on a rich history

In the three decades since its first issue was published on September 27, 1991, VIR publications have strongly overcome difficulties caused by competition from assorted multimedia agencies and online newspapers.
Investment in Mekong subregion expected to recover post pandemic

The attendants of the 10th Mekong forum discussed ways to recover the economies of the Mekong subregion.

New regulations enhance transparency in private placement of bonds

Mixed opinions over proposal for limited-term apartment ownership

Vietnam to cut gas power capacity in electricity development plan

Opportunities for investors in Vietnam’s logistics landscape

Evolution vital for VIR to stay relevant

With countries around the world having to deal with a decline in their press industries, Vietnam Investment Review has accelerated its transformation to become more user-friendly via cooperation with outside media agencies and the hosting of talk shows and seminars.

Ideas for curbing abusive related-party transactions

A related-party transaction occurs when a deal is entered into by at least two parties, where one has control or significant influence over the other or where the parties come under the same controlling owner.

Bright prospects for agri-seafood exports at year-end

Surging consumption in US and EU markets by the year-end and China’s loosened policy on importing commodities are expected to underpin Vietnam’s export acceleration in the forthcoming months.

Corporate

CEO Talk Biz Link GE Vietnam Values

Lending a hand to progress for the business community

Corporate September 26, 2022 | 19:40

Lending a hand to progress for the business community

Vietnam Investment Review has been growing from strength to strength thanks to its continuous renovation with assorted activities highly appreciated by the business community.

Highlight September 26, 2022 | 11:00

Ideas for curbing abusive related-party transactions

A related-party transaction occurs when a deal is entered into by at least two parties, where one has control or significant influence over the other or where the parties come under the same controlling owner.

CEO Talk September 26, 2022 | 13:30

VIR talk show to discuss digital talent and transformation in banking

On September 26, VIR will host a talk show on the digital transformation in the banking industry.

Biz Link September 26, 2022 | 11:00

BASF Vietnam commits to sustainable funding strategy

Despite the globe’s current complications, BASF Vietnam has achieved strong business results. CEO Erick Contreras talked with VIR’s Binh An the efforts to mitigate the impact of the pandemic and the commitment to more sustainable investment in this country.

Investing

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

Ha Tinh approves $270 million investment in second Vingroup battery factory

Investing September 26, 2022 | 17:25

Ha Tinh approves $270 million investment in second Vingroup battery factory

Ha Tinh Economic Zones Management Authority has approved the investment planning of the second battery factory invested by VinES Energy Solutions JSC.

Biz Link September 26, 2022 | 11:00

BASF Vietnam commits to sustainable funding strategy

Despite the globe’s current complications, BASF Vietnam has achieved strong business results. CEO Erick Contreras talked with VIR’s Binh An the efforts to mitigate the impact of the pandemic and the commitment to more sustainable investment in this country.

M&A September 23, 2022 | 16:57

Virtual Internships raised $14.3 million in Series A round

Virtual Internships, an edtech company from the UK, has successfully raised $ 14.3 million in Series A led by a global coalition of investors.

Outbound Investment September 06, 2022 | 12:59

FPT Software expands in Europe with new office in Denmark

FPT Software announced the opening of its first office in Denmark on September 5, increasing the number of its international offices to 59.

Your Consultant

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

New regulations enhance transparency in private placement of bonds

Fulfilling the roadmap for a fruitful EU trade future

Your Consultant September 23, 2022 | 15:57

New regulations enhance transparency in private placement of bonds

The new decree on offering and trading private placement bonds helps standardise and improve bond issuance conditions, supervision of capital use purposes and information transparency, said analysts.

Your Consultant September 23, 2022 | 11:31

Fulfilling the roadmap for a fruitful EU trade future

Bilateral trade between the EU and Vietnam has been advancing in the right direction since the EU-Vietnam Free Trade Agreement took effect.

KPMG September 26, 2022 | 11:00

Ideas for curbing abusive related-party transactions

A related-party transaction occurs when a deal is entered into by at least two parties, where one has control or significant influence over the other or where the parties come under the same controlling owner.

PwC September 26, 2022 | 10:00

Keeping on top of crypto legislation

The growth of central bank involvement in the digital currency sector has significantly been increased in recent years, with many central banks considering launching a central bank digital currency.

RSM Vietnam September 20, 2022 | 19:29

RSM Vietnam celebrates opening new office in Ho Chi Minh City

On September 14, RSM Vietnam officially held the opening ceremony of a third office in Ho Chi Minh City.

ASL LAW September 14, 2022 | 08:00

ASL Law branches out services for wider regional ambitions

Opening the first representative office for ASL Law in Singapore on August 12 was an important milestone in the firm’s expansion journey. Pham Duy Khuong, managing director of ASL Law, speaks with VIR’s Hoang Oanh about his dream of going global.

ManpowerGroup Vietnam August 26, 2022 | 16:18

Solving talent shortages amid fierce human capital landscape

Andree Mangels, general manager of ManpowerGroup Vietnam, shares his insights about the current demand for workers in Vietnam and a strategy for employers.

Indochine Counsel September 01, 2022 | 20:15

Defining innovative startup enterprises in Vietnam

The state has provided special policies to encourage small- and medium-sized startup enterprises (SMEs) that primarily focus on tech advancement and research, and need the assistance of all resources for building their reputation and market status.

D.lion August 22, 2022 | 09:30

Nurturing the next talents in blockchain

Although Trinh Ngoc Duc, president of D.lion Group and CEO of Fight of the Ages, was not initially technologically savvy, he remains confident in his abilities to lead his crew to accomplish the goal of bringing a pure Vietnamese metaverse project to the world as soon as possible.

Indochina Capital April 26, 2021 | 09:51

Bank and real estate giants team up

Indochina Kajima Development Ltd., a joint venture from Indochina Capital and Kajima Corporation, last week signed a strategic partnership with VietinBank with the aim to provide the market with innovative real estate that addresses both current and future demands.

Opinion

Erick Contreras

CEO of BASF Vietnam

BASF Vietnam commits to sustainable funding strategy

Vietnam remains key market of interest for Singaporeans

Kow Juan Tiang

Executive director for Southeast Asia, Enterprise Singapore

Vietnam remains key market of interest for Singaporeans

Sandoz leading in generics and biosimilar medicines in Vietnam

Ho Thi Thanh Van

Country head of Sandoz Vietnam

Sandoz leading in generics and biosimilar medicines in Vietnam

Taking the right steps for successful digital transformation

Pham Thi Thu Diep

Technology and country leader at IBM Vietnam

Taking the right steps for successful digital transformation

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

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.

August 02, 2022 | 16:05

Bringing benefits to business via diversity policies

Vietnam has made great strides in protecting the rights of lesbian, gay, bisexual, and transgender people, and with gay and lesbian people able to openly disclose their sexual orientation, evidence exists that this can only benefit society – even in an economic sense.

Green Growth

Energy Efficiency Rethinking Plastics

International partners commit to help Vietnam realising net zero emissions

USAID launches $14 million project to help Ho Chi Minh City accelerate its green growth

Quang Ninh’s Mong Cai city moves to develop renewable energy

Action required for aviation to achieve net-zero commitments

Vietnam to cut gas power capacity in electricity development plan

Co-generation technology could act as solution to help balance power supply

Green Growth September 21, 2022 | 20:50

International partners commit to help Vietnam realising net zero emissions

The United Nations and development partners, during discussions with Vietnamese ministries and sectors, expressed their willingness to support Vietnam in achieving the goal of net zero emission and energy transition.

Green Growth September 21, 2022 | 09:16

USAID launches $14 million project to help Ho Chi Minh City accelerate its green growth

USAID and Ho Chi Minh City People’s Committee launched a project to accelerate renewable energy and energy efficiency solutions on September 20.

Green Growth September 20, 2022 | 16:48

Quang Ninh’s Mong Cai city moves to develop renewable energy

Mong Cai city, the northern province of Quang Ninh, is planning to develop renewable energy on Vinh Thuc and Vinh Trung islands in the near future.

Green Growth September 19, 2022 | 17:48

Action required for aviation to achieve net-zero commitments

Fleet renewal, operational efficiency, renewable energy, and advanced technology are needed in commercial aviation

Green Growth September 19, 2022 | 10:31

Vietnam to cut gas power capacity in electricity development plan

The Ministry of Industry and Trade (MoIT) has been told to finalise the National Power Development Plan VIII (PDP VIII) for 2021-2030 with a vision to 2045, focusing on reducing coal power plants.

Energy Efficiency September 14, 2022 | 15:00

Co-generation technology could act as solution to help balance power supply

While biomass energy from sugarcane and other agricultural by-products has proven to be financially rewarding and environmentally useful, smaller companies remain discouraged to participate.

Most viewed

Property

Green Buildings Industrial Properties

Investors and buyers play waiting game in credit switch

Property September 22, 2022 | 11:00

Propzy predicament signals warning to property startups

Once considered a rising star in the field of real estate technology, Propzy announced its closure last week.

Property September 22, 2022 | 09:00

Investors and buyers play waiting game in credit switch

The State Bank of Vietnam finally created extra credit room for some banks on September 7. However, the extension is deemed low and may not help real estate businesses and homebuyers access feasible capital sources for their projects.

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 September 16, 2022 | 18:05

Vietnam to encourage eco-industrial parks with international support

Vietnam will continue to encourage investors to both develop eco-industrial parks and transition traditional to ecological ones.

Money

Insurance Smart Payment Trends Stock Monitor

Money September 26, 2022 | 16:31

Banks moving to restructure bad debts

As a circular on debt rescheduling for clients affected by the pandemic has expired, banks will face increased debt restructuring.

Money September 26, 2022 | 13:30

VIR talk show to discuss digital talent and transformation in banking

On September 26, VIR will host a talk show on the digital transformation in the banking industry.

Insurance September 22, 2022 | 14:00

Saladin and BaoViet Corporation enter strategic partnership

On September 20, Saladin's 10X Consulting and Technology Co., Ltd. and BaoViet Insurance Corporation signed a strategic partnership agreement.

Insurance September 19, 2022 | 10:04

Insurance companies urged to go digital soon

Insurers should promote digital transformation rapidly as, compared to other financial industries, the insurance industry is considered to have slow digital transformation with limited economic efficiency.

Smart Payment Trends September 15, 2022 | 12:18

Be-Cake Visa credit card launched to enhance digital payment experience

Digital bank Cake by VPBank (Cake) is releasing Vietnam’s first collaborative co-branded credit card product.

Smart Payment Trends September 07, 2022 | 12:12

Visa extends partnership with Vietnamese universities to promote Practical Money Skills

Visa is partnering with the Faculty of Finance and Banking of the University of Economics and Business, Vietnam National University.

Infographics

Infographics September 19, 2022 | 10:47

Foreign arrivals to Vietnam surge 13.7 fold in eight months of 2022

Vietnam has welcomed more than 1.44 million international arrivals in the first eight months of 2022, a 13.7-fold rise from a year earlier, data showed.

Infographics September 16, 2022 | 10:20

Vietnam records trade surplus of nearly 4 billion USD in eight months

Vietnam has enjoyed a trade surplus of 3.96 billion USD in the first eight months of 2022, the General Statistics Office (GSO) announced

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout September 20, 2022 | 10:43

Ho Tram: the outstanding destination for MICE tourism

Toward the peak travel season by the end of the year, MICE (meeting, incentive, convention, and exhibition) tourism is heating up due to increasing demands in trade promotion, strengthening partnerships, and team building. In this trend, Ho Tram stands out as an ideal destination for the segment.

Timeout September 20, 2022 | 10:48

Business tourism shaping up to become core national asset

The MICE (meeting, incentive, convention, and exhibition) segment could gain traction and help lead the wave of tourism recovery in Vietnam, if post-pandemic restrictions are eventually eased.

Timeout September 15, 2022 | 10:08

Vietnam Airlines launches online check-in at Dong Hoi airport

National flag carrier Vietnam Airlines has announced that it will launch online check-in service for passengers departing from Dong Hoi airport in the central province of Quang Binh from September 15 to improve their experiences and convenience.

Timeout September 08, 2022 | 17:40

Japan welcomes Vietnamese tourists back

Since September 7, visitors from Vietnam can travel again to Japan with group and individual tours when booked through a travel agency.

Hotels & Restaurants September 16, 2022 | 08:01

COCOTEL partners with Archipelago to tap into bigger hotels

COCOTEL Hotels & Resorts partners with Archipelago International to tap into bigger hotels that need their services.

The Insider September 06, 2022 | 17:24

Awakening Yen Bai’s potential

Underdeveloped tourism destinations like Yen Bai could be seen as a risky investment, but new tourism products can also awaken the potential of such a place.

Lifestyle September 15, 2022 | 11:37

Oktoberfest Vietnam to be held in Hanoi

The event will feature a traditional opening ceremony presenting the tapping of the first beer keg and the wearing of traditional Bavarian attire.

Entertainment September 15, 2022 | 11:29

Coffee shops on 'train street' must close by September 17 over safety concerns

The sections of track along the Hanoi-Dong Dang railway line, where trains pass close to residential houses, have been popular with tourists for many years, but also pose a major safety hazard.

Videos

VIR talk show to discuss digital talent and transformation in banking

End of the line

Vietnam attracts nearly 16.8 bln USD in FDI in eight months

Experiencing driving off-road ATVs in Mu Cang Chai

Cashless payments the way of the future for Vietnam

The Travel website suggests things to do in ancient Hoi An

Session 2: Opportunities and challenges for new investment channels

Session 1: Identify opportunities in traditional investment channels

Video clip launched to promote Vietnamese tourism

Talk show "Innovative Funds for Blockchain Startups"

Live: Talk show the path to smart factories in Vietnam

Sports

FOTA Djinn Guild

Sports September 23, 2022 | 16:47

MotoGP champ Quartararo defies pain in 'push to the max'

MotoGP world champion Fabio Quartararo will defy pain this weekend in Japan after a nasty fall that blew the title race wide open with five grands prix to go.

Sports September 23, 2022 | 16:34

Manchester United report £115.5m loss for 2021/22 season

Manchester United on Thursday announced a net loss of £115.5 million ($130.4 million, 132.2 million euros) for the 2021/22 season even though revenues rose to £583 million as coronavirus restrictions eased.

Sports September 21, 2022 | 20:31

The Local Game: The bar has been raised

In case you’ve been living under a rock, Hai is on the books of Pau FC in France’s Ligue 2, making him the only member of the national team playing abroad and at a higher level than the V.League 1.

Sports September 21, 2022 | 20:22

Duy Nhat survives first-round MMA scare at Lion Championship 2022

Just 20 seconds into the first-round Nhat, 33, checked a low kick slightly too late and, off balance, was dropped to the mat by the right hand of Le Van Tuan, 28.

Photos

Photos September 06, 2022 | 12:36

Expressway opens up new development space for Red River Delta

Built in just over two years since the completion of site clearance and with investment of nearly 13 trillion VND, the 80-km Van Don - Mong Cai Expressway has been opened in the northern province of Quang Ninh. It is expected to open up a new development space for the northern province of Quang Ninh and the entire Red River Delta.

Photos August 29, 2022 | 09:10

Autumn sparkles at the Ban Gioc Waterfall

Ban Gioc Waterfall in Dam Thuy commune, Trung Khanh district is a ‘pearl’ of Cao Bang province’s tourism. After heavy downpours, in the autumn, the waterfall sparkles in the sunshine and its crystal streams flow down the mountain, a picturesque and astounding scenery.

Photos August 17, 2022 | 17:30

Hanoi greening urban roads

Together with contributing to the implementation of the Government’s target to plant 1 billion trees during the 2021-25 period, Hanoi is stepping up tree planting along urban roads and aims to plant up to 250,000 this year.

Photos August 02, 2022 | 22:25

Market session of mountainous region re-enacted in Hanoi

The Vietnam National Village for Ethnic Culture and Tourism in Dong Mo, Son Tay of Hanoi regularly holds a market session for the mountainous region on weekends, which is a draw to visitors at home and abroad.

Photos July 26, 2022 | 09:52

Khanh Hoa - Phu Yen route: View from above

Dai Lanh lighthouse, Xuan Dai bay and Diep Son island in Khanh Hoa and Phu Yen provinces emerge majestically under the lens of Vietnamese travel blogger Ngo Tran Hai Anh. Most of the photos were taken by a drone to get wide-angle shots from a bird-eye view.