Asia-Pacific companies face portfolio rebalancing need

Asia-Pacific companies face portfolio rebalancing need

A new Deloitte Asia-Pacific report highlights companies across the region face an urgent need for portfolio rebalancing.
Raft of Chinese electric vehicle groups expand into Vietnam

Raft of Chinese electric vehicle groups expand into Vietnam

Many Chinese brands have unveiled electric vehicles in Vietnam but charging infrastructure remains a significant concern for buyers.
BYD targets openning 100 dealerships in Vietnam within next three years

BYD targets openning 100 dealerships in Vietnam within next three years

Chinese electric vehicle giant BYD intends to open 100 dealerships in Vietnam within the next three years as part of its aggressive expansion efforts.
Asia-Pacific companies face portfolio rebalancing need Halal markets offer export opportunities for Vietnamese produce
Asia-Pacific companies face portfolio rebalancing need

Asia-Pacific companies face portfolio rebalancing need

A new Deloitte Asia-Pacific report highlights companies across the region face an urgent need for portfolio rebalancing.
Halal markets offer export opportunities for Vietnamese produce

Halal markets offer export opportunities for Vietnamese produce

The global market currently has high demand for Halal products.
"The Tao of Coffee" philosophy promoted by CNN

"The Tao of Coffee" philosophy promoted by CNN

"The Tao of Coffee", a philosophy initiated by coffee firm Trung Nguyen Legend, continues to be promoted globally by CNN.
Vietnamese products boosted via modern distribution channels

Vietnamese products boosted via modern distribution channels

A four-day programme connecting and presenting distinct Vietnamese products through Central Retail Vietnam opened on July 19 in District 7 of Ho Chi Minh City.
Raft of Chinese electric vehicle groups expand into Vietnam Dutch firm BESI to invest additional $42 million to expand chip equipment project in SHTP
Raft of Chinese electric vehicle groups expand into Vietnam

Raft of Chinese electric vehicle groups expand into Vietnam

Many Chinese brands have unveiled electric vehicles in Vietnam but charging infrastructure remains a significant concern for buyers.
Dutch firm BESI to invest additional $42 million to expand chip equipment project in SHTP

Dutch firm BESI to invest additional $42 million to expand chip equipment project in SHTP

BESI wants to inject another $42 million to expand its chip equipment project in SHTP.
Vietnam tries to buck trends in M&A

Vietnam tries to buck trends in M&A

Despite a slump in global merger and acquisition transactions, Vietnam witnessed a significant uptick in large transactions in the first half of 2024, with robust deal flow in key sectors and the rise of strategic acquisitions.
VinFast opens first three dealerships in the Philippines

VinFast opens first three dealerships in the Philippines

Following its expansion into Indonesia and Thailand earlier this year, VinFast has launched in the Philippines.
Foreign-led enterprises remain confused on IP rights Likely scenarios on taxation for sugary beverages
Foreign-led enterprises remain confused on IP rights

Foreign-led enterprises remain confused on IP rights

Although Vietnam’s legal framework and IP enforcement system are harmonised with the world IP system, there are local differences that foreign-invested enterprises should consider when investing in Vietnam.
Likely scenarios on taxation for sugary beverages

Likely scenarios on taxation for sugary beverages

In addition to amendments concerning several goods, services subject to special consumption tax (SCT) such as cigars, alcohol, cars with fewer than 24 seats, among others, the draft law on SCT amended has included beverages with sugar content exceeding 5g
F88 optimises operational costs with KPMG

F88 optimises operational costs with KPMG

The F88 convenience financial store chain and accounting giant KPMG have signed a deal to optimise the efficiency of F88's 823 nationwide transaction offices.
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.
DIGI-TEXX sets the standards in digital and business process outsourcing services

DIGI-TEXX sets the standards in digital and business process outsourcing services

Since its first entry in Vietnam 20 years ago, DIGI-TEXX Vietnam, A German-invested company, has positioned itself as a leading, most trusted tech company offering world-class digitally-based business process outsourcing (BPO) services.
EPLegal joins forces with Dentons LuatViet in Vietnam

EPLegal joins forces with Dentons LuatViet in Vietnam

PLegal, a leading Vietnamese law firm, has joined forces with Dentons LuatViet, enhancing client offerings across Vietnam and the ASEAN region.
Nghi Son Refinery and Petrochemical remains committed to safety and stability

Nghi Son Refinery and Petrochemical remains committed to safety and stability

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

Suntory PepsiCo breaks ground on its largest Asia-Pacific plant in Vietnam

Suntory PepsiCo breaks ground on its largest Asia-Pacific plant in Vietnam

Nam Long Group gears up to capture market

Nam Long Group gears up to capture market

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.
BASF introduces future of sustainable synthetic leather Korean Energy Agency seeks investment opportunities in Can Tho PV Power proposes 4-billion-USD clean energy complex in Ninh Thuan Sanofi strives to ensure environmental compliance PV Power to develop $3.98 billion clean energy complex in Ninh Thuan Home Credit Vietnam releases annual Sustainability Report 2023
BASF introduces future of sustainable synthetic leather

BASF introduces future of sustainable synthetic leather

BASF on July 17 launched Haptex 4.0, an innovative polyurethane solution for the production of synthetic leather.
Korean Energy Agency seeks investment opportunities in Can Tho

Korean Energy Agency seeks investment opportunities in Can Tho

Ha Vu Son, Director of the Department of Industry and Trade of the Mekong Delta city of Can Tho, on July 18 received a delegation of the Korean Energy Agency (KEA) led by its President Lee Sang-hoon who came to seek investment opportunities in the city.
PV Power proposes 4-billion-USD clean energy complex in Ninh Thuan

PV Power proposes 4-billion-USD clean energy complex in Ninh Thuan

The Petrovietnam Power Corporation (PV Power) has proposed the implementation of the Lam Son Clean Energy Production Complex project, with an investment of nearly 4 billion USD in Ninh Thuan province.
Sanofi strives to ensure environmental compliance

Sanofi strives to ensure environmental compliance

Sanofi is seeking to reduce its environmental impact.
PV Power to develop $3.98 billion clean energy complex in Ninh Thuan

PV Power to develop $3.98 billion clean energy complex in Ninh Thuan

PV Power, also known as PetroVietnam Power Corporation, has plans to start building a clean energy complex in the central province of Ninh Thuan in mid-July.
Home Credit Vietnam releases annual Sustainability Report 2023

Home Credit Vietnam releases annual Sustainability Report 2023

Home Credit Vietnam released its Sustainability Report 2023 demonstrating the integration of environmental, social and governance factors in all its operations.
Non-fired brick manufacturers struggling with market penetration Vietnam's industrial property sector to benefit from stable growth of FDI
Non-fired brick manufacturers struggling with market penetration

Non-fired brick manufacturers struggling with market penetration

Despite being touted as a green and environmentally friendly construction material, non-fired brick manufacturers are facing significant challenges.
Vietnam's industrial property sector to benefit from stable growth of FDI

Vietnam's industrial property sector to benefit from stable growth of FDI

Vietnam's industrial property segment is continuing to benefit directly from a steady increase in foreign direct investment.
Riverfront Financial Centre a new landmark in Ho Chi Minh City

Riverfront Financial Centre a new landmark in Ho Chi Minh City

Riverfront Financial Centre has opened in Ho Chi Minh City, becoming the most modern office building in the city.
Vietnam's industrial property sector to benefit from stable growth of FDI

Vietnam's industrial property sector to benefit from stable growth of FDI

Vietnam's industrial property segment is continuing to benefit directly from a steady increase in foreign direct investment.
Homebuyers reluctant to take out loans despite low interest rates Market experiences a sharp decline as VN-Index loses the 1,270-point threshold
Homebuyers reluctant to take out loans despite low interest rates

Homebuyers reluctant to take out loans despite low interest rates

Concerns about rising floating interest rates and stringent borrowing conditions have subdued the demand for home loans among individuals and investors.
Market experiences a sharp decline as VN-Index loses the 1,270-point threshold

Market experiences a sharp decline as VN-Index loses the 1,270-point threshold

The market closed the week on a sour note with a sharp decline, erasing the previous session's gains.
PVI Insurance tops market for average labour productivity

PVI Insurance tops market for average labour productivity

PVI Insurance has been named the most reputable insurer in Vietnam for 2024.
Liberty Insurance reaffirms pioneering position as International General Insurer of the Year

Liberty Insurance reaffirms pioneering position as International General Insurer of the Year

Liberty Insurance Co., Ltd. won the International General Insurer of the Year at the Insurance Asia Awards (IAA) 2024 ceremony held in Singapore.
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.
“Middlescents” or Gen X spending outpacing other generations

“Middlescents” or Gen X spending outpacing other generations

"Middlescents" or Gen X, those born between 1965 and 1980 and making up over 31 per cent of the world's population, are outpacing other generations in spending.
Total power capacity by 2030

Total power capacity by 2030

In Decision No 262/QD-TTg dated April 1, 2024, the Prime Minister approved the implementation plan for the National Power Development Master Plan in the 2021-2030 period with a vision to 2050.
GDP growth reaches 6.42 pc in first half

GDP growth reaches 6.42 pc in first half

Vietnam's economy grew by 6.42 pc in the first six months of 2024, slightly lower than the figure of 6.58 pc in the same time of 2022 within the 2020-2024 period.
Phu Quoc, Nha Trang among most favourite destinations for Korean tourists

Phu Quoc, Nha Trang among most favourite destinations for Korean tourists

Tourists from the Republic of Korea (RoK) are increasingly interested in destinations in Vietnam, according to a survey conducted by Rankify Korea website.
Cuisine boosted by latest Michelin Guide

Cuisine boosted by latest Michelin Guide

The latest Michelin Guide Vietnam has stimulated the food and beverages industry and contributed to boosting demand and bringing the Vietnamese culinary scene closer to international tourists.
Danang makes global connection with festival

Danang makes global connection with festival

Returning to Danang this summer from June 8 to July 13, the Danang International Fireworks Festival (DIFF 2024) is entertaining visitors from all over the world.
Tourism to become truly spearhead, green industry by 2030

Tourism to become truly spearhead, green industry by 2030

Vietnam aims to turn tourism into a truly spearhead economic sector with green growth and world leading development capacity by 2030.
Fusion launches flagship Fusion Resort & Villas Danang

Fusion launches flagship Fusion Resort & Villas Danang

Fusion Hotel Group this month will open Fusion Resort & Villas Danang, a luxury beach front property in central Vietnam.
Michelin Guide’s role in stimulating culinary tourism

Michelin Guide’s role in stimulating culinary tourism

Vietnam has been rated as having some of the best cuisine in Asia, especially when it comes to street food. Gwendal Poullennec, international director of the Michelin Guide, talked to VIR’s Hoang Oanh about the latest additions to the guide’s list for Vietnam this year and its impact on the country’s culinary culture and tourism.
Cuisine boosted by latest Michelin Guide

Cuisine boosted by latest Michelin Guide

The latest Michelin Guide Vietnam has stimulated the food and beverages industry and contributed to boosting demand and bringing the Vietnamese culinary scene closer to international tourists.
Netflix wins subscribers as ad strategy pays off

Netflix wins subscribers as ad strategy pays off

Netflix on Thursday said it added eight million new subscribers in the second quarter, as the home of hit shows "The Crown" and "Bridgerton" posted its latest financial earnings that exceeded analyst expectations.
Nestlé accompanies Vietnamese sports for Paris Olympics

Nestlé accompanies Vietnamese sports for Paris Olympics

Nestlé Vietnam and its MILO brand on July 17 were announced as co-sponsors for the Vietnamese sports delegation in a send-off ceremony for the Olympics.
Nadal powers past Norrie to reach Bastad quarters

Nadal powers past Norrie to reach Bastad quarters

Rafael Nadal continued his Olympic preparations with a confident 6-4, 6-4 win over Cameron Norrie at the Bastad Open on Thursday, showing signs of the power hitting that fired him to 14 French Open titles.
Manchester United sign 18-year-old French defender Yoro

Manchester United sign 18-year-old French defender Yoro

Manchester United have bought teenage French defender Leny Yoro from Lille, the Premier League club announced on Thursday.
Marseille sign Greenwood from Man Utd amid controversy

Marseille sign Greenwood from Man Utd amid controversy

Marseille have signed striker Mason Greenwood from Manchester United, the Ligue 1 side announced on Thursday, despite the objection of some of the French club's fans.
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.
Dreamy Hanoi during crape myrtle flower season

Dreamy Hanoi during crape myrtle flower season

In the early days of May, many streets around Hanoi are dyed purple by crape myrtle flowers, creating an incredibly romantic and peaceful scene.
Military parade celebrates 70th anniversary of Dien Bien Phu victory

Military parade celebrates 70th anniversary of Dien Bien Phu victory

A military parade took place on May 7 to celebrate the 70th anniversary of the historic victory of the battle of Dien Bien Phu.
Metro line 1 nears operation

Metro line 1 nears operation

The first metro line in Ho Chi Minh City, linking Ben Thanh Market in District 1 to Suoi Tien in Thu Duc, could be in operation by the end of the year.
Vietnam’s Party General Secretary Nguyen Phu Trong passes away Vietnam, Meta launch campaign to improve online scam awareness
Vietnam’s Party General Secretary Nguyen Phu Trong passes away

Vietnam’s Party General Secretary Nguyen Phu Trong passes away

Vietnam’s Party General Secretary Nguyen Phu Trong passed away on the afternoon of July 19, after holding the paramount leadership position since 2011.
Vietnam, Meta launch campaign to improve online scam awareness

Vietnam, Meta launch campaign to improve online scam awareness

The Authority of Information Security (AIS) under the Ministry of Information and Communications (MIC) and Meta - the parent company of Facebook have launched the “Identifying Scams” campaign in Vietnam for 2024.
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.
Brilliant young music student wins four scholarships to top US universities

Brilliant young music student wins four scholarships to top US universities

With his steadfast commitment to helping underprivileged communities, the sky is the limit for young music scholar Tran Phuc Tin.
Citi Vietnam planting trees as part of community goals

Citi Vietnam planting trees as part of community goals

Citi is serving communities through volunteer tree-planting campaigns.
Biden cancels $1.2 bn more in student debt as vote nears Biden tells Americans to 'cool it down' after Trump assassination bid 'I'm supposed to be dead' Trump tells NYP after assassination bid Boeing 777-9 granted FAA certification following test flight 63 missing after Nepal landslide sweeps two buses into river Canada pledges $35.1 bn for Indigenous child welfare
Biden cancels $1.2 bn more in student debt as vote nears

Biden cancels $1.2 bn more in student debt as vote nears

US President Joe Biden said Thursday he was extending his student loan forgiveness program by canceling the loans of an additional 35,000 Americans as he seeks reelection.
Biden tells Americans to 'cool it down' after Trump assassination bid

Biden tells Americans to 'cool it down' after Trump assassination bid

US President Joe Biden sought to calm a divided nation Sunday after his rival Donald Trump survived an assassination bid, saying in a rare Oval Office address that it was time to lower the temperature of America's hostile politics.
'I'm supposed to be dead' Trump tells NYP after assassination bid

'I'm supposed to be dead' Trump tells NYP after assassination bid

Former US president Donald Trump on Sunday told the New York Post he was "supposed to be dead" after surviving an assassination attempt which he described as a "very surreal experience."
Boeing 777-9 granted FAA certification following test flight

Boeing 777-9 granted FAA certification following test flight

The Boeing 777-9 has been granted Type Inspection Authorisation by the US Federal Aviation Administration.
63 missing after Nepal landslide sweeps two buses into river

63 missing after Nepal landslide sweeps two buses into river

At least 63 people were missing in Nepal on Friday after a landslide triggered by heavy monsoon rains swept two buses off a highway and into a river, authorities said.
Canada pledges $35.1 bn for Indigenous child welfare

Canada pledges $35.1 bn for Indigenous child welfare

The Canadian government on Thursday offered $35.1 billion (Can$47.8 billion) to repair the "broken" Indigenous child welfare system.