Southeast region prepares for new FDI wave

Southeast region prepares for new FDI wave

The southeast region is preparing necessary conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region right from the beginning of this year.
The path to faster growth in Australia-Vietnam relations

The path to faster growth in Australia-Vietnam relations

As a newly arrived Ambassador in Vietnam, I have been busy meeting people, reading widely, and trying to understand this complex and fascinating country.
Growing Argentinian ties

Growing Argentinian ties

In 2023, Argentina and Vietnam will celebrate the 50th anniversary of diplomatic relations. Twenty five years ago, the two countries opened their respective embassies in Buenos Aires and Hanoi. From that moment onwards, commercial cooperation has been one of the three pillars of the bilateral relationship, along with excellent political dialogue and technical cooperation.
Steel producers report heavy losses for second consecutive quarter Dabaco sets ambitious target despite recent setbacks
Steel producers report heavy losses for second consecutive quarter

Steel producers report heavy losses for second consecutive quarter

Vietnam's five largest steel producers report combined losses of more than $152 million for the last quarter of 2022.
Dabaco sets ambitious target despite recent setbacks

Dabaco sets ambitious target despite recent setbacks

Dabaco Group has set an ambitious revenue target despite recent underwhelming results.
Commitment proves Vietnam is serious on change

Commitment proves Vietnam is serious on change

Vietnamese is hoping to move onwards and upwards in an economic sense over the next 12 months. Ramla Khalidi, resident representative of the United Nations Development Programme in Vietnam, spoke with VIR’s Nguyen Dat about how the country has performed, with achievements in ensuring the UN’s Sustainable Development Goals.
The catalyst to boost exports in 2023

The catalyst to boost exports in 2023

Free trade agreements are instrumental in the performance of Vietnam’s export businesses, underpinning the country’s export target of 6 per cent in 2023.
Vietnamese startups raise $855 million in 2022 Ho Chi Minh City food enterprises hope expansion is key
Vietnamese startups raise $855 million in 2022

Vietnamese startups raise $855 million in 2022

Vietnamese startups secured $855 million in fresh funding in 2022, which is only one-third compared to the value in 2021, according to a recent report by Nextrans.
Ho Chi Minh City food enterprises hope expansion is key

Ho Chi Minh City food enterprises hope expansion is key

Ho Chi Min City food enterprises target growth as the answer to rising prices and supply chain concerns.
Rohto-Mentholatum Vietnam takes over Naris Cosmetics

Rohto-Mentholatum Vietnam takes over Naris Cosmetics

Rohto-Mentholatum Vietnam has completed the purchase and sale agreement and change of ownership of Naris Cosmetics Vietnam.
Stationery manufacturer Thien Long to increase outbound investment

Stationery manufacturer Thien Long to increase outbound investment

Thien Long Group has just adjusted the overseas investment capital for its Flexoffice project from $814,400 to $1.3 million.
Review of Vietnam’s economy 2022: Global & local headwinds have just begun The implications of global uncertainty
Review of Vietnam’s economy 2022: Global & local headwinds have just begun

Review of Vietnam’s economy 2022: Global & local headwinds have just begun

While an array of measures have been taken by the Vietnamese government, the local economy is still predicted to suffer disturbances over the coming year.
The implications of global uncertainty

The implications of global uncertainty

Global inflation rose sharply in 2022 – in the second half of the year, median global headline inflation reached over 9 per cent, its highest level since 1994. Soaring inflation reflected a combination of supply and demand factors. On the demand side, the acceleration of growth during the initial rebound from the 2020 global recession, as well as the lagged effects of earlier macroeconomic support, contributed to persistent price pressures.
Managing working capital within a complex environment

Managing working capital within a complex environment

We ended 2022 amidst considerable uncertainty. The global economy is being impacted by several interlocking events such as the war in Ukraine and high food and fuel prices.
Report scrutinises pathway for ESG agenda in financial sector

Report scrutinises pathway for ESG agenda in financial sector

A fresh PwC Vietnam report has provided insights into the level of readiness by financial institutions in Vietnam in terms of environmental, social, and governance (ESG) criteria.
What might the Vietnamese economy look like in 2023?

What might the Vietnamese economy look like in 2023?

In 2022, Vietnam’s economy recorded many achievements, but there are still many obstacles such as the unstable global situation and inadequacy in the economy.
D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion honored at SME100 2022.
Qualcomm partners with Vietnam for 5G rollout

Qualcomm partners with Vietnam for 5G rollout

What might the Vietnamese economy look like in 2023?

What might the Vietnamese economy look like in 2023?

BASF's route towards a circular economy

BASF's route towards a circular economy

Sembcorp pledges green products and investment in Vietnam

Sembcorp pledges green products and investment in Vietnam

Accelerating digital transformation in Vietnam and the road to 5G

Accelerating digital transformation in Vietnam and the road to 5G

Vietnam is on a steady trajectory towards the digital age. The government has spared no effort in recent years to accelerate national digital transformation based on three key pillars: digital government, digital economy, and digital society.
Citi supporting Vietnam in connecting the global dots

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.
Radisson Hotel Group spearheading hospitality growth in Asia-Pacific

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.
Secrets of the most special securities company in Vietnam

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.
Promoting gender equality & enhancing women's economic empowerment

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.
Financing's role in reaching net-zero emission Vietnamese export profits boost with green trade Catalysing change for all of society Accelerating trade with innovation and green tech Misleading to assert foreign firms dominate Vietnam's energy sphere: expert Hong Kong pioneers a sustainable future for an 'Asian century'
Financing's role in reaching net-zero emission

Financing's role in reaching net-zero emission

Reducing emissions becomes the priority mission for all countries in the world and the lodestar for investment trends
Vietnamese export profits boost with green trade

Vietnamese export profits boost with green trade

The direction of Vietnam’s imports and exports is changing due to a series of green trade revolutions, government policy, and global trends.
Catalysing change for all of society

Catalysing change for all of society

Vietnam is pursuing green development. Ramla Khalidi, resident representative of the United Nations Development Programme in Vietnam, talked with VIR’s Thanh Tung about how the country can achieve the goal of net-zero emissions by 2050.
Accelerating trade with innovation and green tech

Accelerating trade with innovation and green tech

Vietnam and the Netherlands will celebrate 50 years of diplomatic relations in 2023. Kees van Baar, Dutch Ambassador to Vietnam, writes about the prospects in the cooperation between both nations, especially in terms of trade and investment, and both nations’ cooperation in green economy development.
Misleading to assert foreign firms dominate Vietnam's energy sphere: expert

Misleading to assert foreign firms dominate Vietnam's energy sphere: expert

Hong Kim Vi, Thailand's Super Energy Group's deputy general director of public relations, said the country's energy projects were more complex than they appear, at the 2022 Vietnam Renewable Energy Network on January 6.
Hong Kong pioneers a sustainable future for an 'Asian century'

Hong Kong pioneers a sustainable future for an 'Asian century'

Hong Kong wants to grasp green financing and sustainable investment opportunities across Asia.
Tax and land-use fee reductions should continue in 2023: MoF A great chance to invest in commercial property
Tax and land-use fee reductions should continue in 2023: MoF

Tax and land-use fee reductions should continue in 2023: MoF

The Ministry of Finance (MoF) said tax support policies and land-use fee reductions for businesses should be continued throughout 2023 despite shortfalls in state budget collection.
A great chance to invest in commercial property

A great chance to invest in commercial property

As Vietnam's commercial real estate sector is still in its infancy, this market's expansion needs to be prioritised in the near future.
Phuc Khang Corporation's CEO attains new green building accolades

Phuc Khang Corporation's CEO attains new green building accolades

Phuc Khang Corporation and its CEO Luu Thi Thanh Mau have been bestowed with further accolades for work on green building development in Vietnam.
ESR scoops up strategic equity stake in BW Industrial

ESR scoops up strategic equity stake in BW Industrial

ESR Group Ltd. (ESR), through its wholly-owned subsidiary, has acquired a strategic equity stake in BW Industrial Development JSC (BW).
BAC A BANK opens new bond issuance VIB records 32 per cent increase in 2022 profits
BAC A BANK opens new bond issuance

BAC A BANK opens new bond issuance

With the aim to diversify its investment portfolio and optimise the benefit of customers, BAC A BANK is offering 25.646 million bonds from January 30 to February 27.
VIB records 32 per cent increase in 2022 profits

VIB records 32 per cent increase in 2022 profits

​​​​​​​ VIB has announced its business results in 2022 with pre-tax income of over $459.75 million, up 32 per cent against the previous year.
Insurance groups take on legal switch

Insurance groups take on legal switch

Entering 2023, insurance companies are expected to move into a new era as the legal environment for the sector is refined.
AI in insurance - The inevitable trend in digital transformation

AI in insurance - The inevitable trend in digital transformation

With digital transformation being an inevitable movement, partnering with insurtech companies is an effective way for insurance companies in Vietnam go faster and smarter in the digital race.
Visa invites Asia-Pacific’s top startups to shape payment future

Visa invites Asia-Pacific’s top startups to shape payment future

Visa has announced an open call for startups across Asia-Pacific to apply for the Visa Accelerator Program 2023.
Students supercharge SMEs in Visa and CCVSA’s Financial Literacy programme

Students supercharge SMEs in Visa and CCVSA’s Financial Literacy programme

Visa has announced the three winning teams from its 10th annual Vietnam Financial Literacy programme, with H2L taking home the first prize.
Cuc Phuong national park among leading national parks in Asia

Cuc Phuong national park among leading national parks in Asia

The Cuc Phuong National Park, a famous tourist destination in the northern province of Ninh Binh, has once again been named "Asia's Leading National Park".
Agro-forestry-fishery exports set new record in 2022

Agro-forestry-fishery exports set new record in 2022

Agro-forestry-fishery exports set a new record of over 53.22 billion USD in 2022, according to the Ministry of Agriculture and Rural Development.
Hoi An, HCM City among world's top 25 trending destinations in 2023: TripAdvisor

Hoi An, HCM City among world's top 25 trending destinations in 2023: TripAdvisor

Germany’s famous travel site reisereporter.de has run an article highlighting the world’s top 25 trending destinations for 2023, including Vietnam’s Hoi An ancient city and Ho Chi Minh City, recently voted by readers of TripAdvisor – the world's largest travel guidance platform.
The rejuvenation of nation’s tourism

The rejuvenation of nation’s tourism

Tourism leaders share with VIR their new products, services, and bespoke experiences for Vietnam Tourism Year 2023.
Laying focus on sustainable tourism

Laying focus on sustainable tourism

The total revenues of Vietnam’s tourism in 2022 was approximately $19.6 billion – nearly triple that of 2021 but only 60 per cent of 2019. Now, there is a clear imperative for tourism in Vietnam to both improve and become more sustainable.
Vietnam tops list of must-visit international destinations for 2023

Vietnam tops list of must-visit international destinations for 2023

Vietnam tops the list of the must-visit countries for a vacation in 2023, which was shared by Managing Director of Southern Travels of India Alapati Krishna Mohan.
The rejuvenation of nation’s tourism

The rejuvenation of nation’s tourism

Tourism leaders share with VIR their new products, services, and bespoke experiences for Vietnam Tourism Year 2023.
I am Vietnamese, says Atkinson

I am Vietnamese, says Atkinson

Opening the story with VIR, Kenneth M Atkinson said, "I am Vietnamese," and showed the reporter his ID card with the Vietnamese name Pham Kien Son.
Vietnam wins big at Vietnam Trail Marathon

Vietnam wins big at Vietnam Trail Marathon

The Vietnam Trail Marathon took place in Moc Chau with more than 3,500 runners racing up to 70km. It raised around $390,000 for good causes.
Regent Phu Quoc celebrates the Lunar New Year with flamboyant festivities

Regent Phu Quoc celebrates the Lunar New Year with flamboyant festivities

Let Regent Phu Quoc provide the ideal scenario for your most unforgettable Lunar New Year's Eve celebration with loved ones.
Vietnam against Indonesia for Davis Cup World Group II berth

Vietnam against Indonesia for Davis Cup World Group II berth

According to the Vietnam Tennis Federation (VTF), Vietnam will play Indonesia in the 2023 Davis Cup World Group II Play-offs on February 4-5 at the Hanaka Paris Ocean Park in the northern province of Bac Ninh.
AFF Cup 2022: Surpassing Vietnam, Thailand retain championship

AFF Cup 2022: Surpassing Vietnam, Thailand retain championship

Thailand beat Vietnam 1-0 in the second leg of the AFF Cup 2022 final on January 16 at the former’s Thammasat Stadium.
AFF Cup 2022: Vietnam target winning Thailand in final’s first leg

AFF Cup 2022: Vietnam target winning Thailand in final’s first leg

Vietnam target beating Thailand in the first leg of AFF Cup 2022 final in Hanoi on January 13, said its head coach Park Hang-seo at a press conference on January 12.
Vietnam to face regional rivals Thailand in AFF Cup final

Vietnam to face regional rivals Thailand in AFF Cup final

After battling their way through the tournament, the AFF Mitsubishi Electric Cup 2022 will reach a thrilling climax when arch-rivals Vietnam and Thailand go head-to-head for the chance to be crowned regional champions.
Vietnamese crowd pagodas on New Year’s Day

Vietnamese crowd pagodas on New Year’s Day

Tradition has it that during the first days of the Lunar New Year, Vietnamese families go to pagodas to pray for a year of good luck, health, happiness, and prosperity.
Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador to Vietnam Hilde Solbakken and her family are enjoying a lot of Vietnamese traditions during their first Tet (Lunar New Year) in the country, including “xin chu” (asking for calligraphy from scholars).
First Da Lat hot air balloon festival fascinates visitors

First Da Lat hot air balloon festival fascinates visitors

Local people in and visitors to Da Lat city in the Central Highlands’ province of Lam Dong have had the chance to enjoy the famous tourist site from above on hot air balloon trips.
D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion honored at SME100 2022.
Cao Bang: Stunning beauty of under-the-radar tourist sites

Cao Bang: Stunning beauty of under-the-radar tourist sites

Along with Ban Gioc Waterfall, Nguom Ngao Cave, and Pac Bo Cave, the northern mountainous province of Cao Bang boasts a kaleidoscope of untouched destinations that are certain to touch visitors’ hearts due to their jaw-dropping landscapes.
Japanese government provides hygiene supplies for safe travel to Quang Tri Vietnamese crowd pagodas on New Year’s Day
Japanese government provides hygiene supplies for safe travel to Quang Tri

Japanese government provides hygiene supplies for safe travel to Quang Tri

The Consulate General of Japan in Danang and IOM have handed over hygiene supplies to Quang Tri frontline workers working at points of entry (POE) to ensure safe international travel for Vietnam.
Vietnamese crowd pagodas on New Year’s Day

Vietnamese crowd pagodas on New Year’s Day

Tradition has it that during the first days of the Lunar New Year, Vietnamese families go to pagodas to pray for a year of good luck, health, happiness, and prosperity.
Sustaining Vietnamese youngsters' scholastic ambitions

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.
Award-gala Swing For the Kids golf tournament garnered benevolent donors

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.
Unilever Vietnam launches For a Loving Tet Season programme

Unilever Vietnam launches For a Loving Tet Season programme

To pay tribute to those who have silently made contributions to our society and community, Unilever Vietnam has launched the For a Loving Tet Season programme.
Nestlé Vietnam supports 8,000 disadvantaged people for Lunar New Year

Nestlé Vietnam supports 8,000 disadvantaged people for Lunar New Year

Nestlé Vietnam has granted thousands of gift packages to 8,500 workers, students, and families in remote areas.
IMF lowers economic growth forecast for ASEAN region Indonesia boosts cooperation with Eurasian Economic Union Lao NA approves series of personnel adjustments Indonesia accelerates tourism growth in 2023 Thailand, EU to resume FTA talks in March Speaker of RoK National Assembly concludes official visit to Vietnam
IMF lowers economic growth forecast for ASEAN region

IMF lowers economic growth forecast for ASEAN region

Singapore and other Southeast Asian Nations (ASEAN) economies are seeing downgrades to their 2023 growth outlooks because slowing global growth will outweigh the positive impact from China's economic reopening, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas said on January 31.
Indonesia boosts cooperation with Eurasian Economic Union

Indonesia boosts cooperation with Eurasian Economic Union

Indonesia’s Minister of Trade Zulkifli Hasan has called for the promotion of economic cooperation between his country and the Eurasian Economic Union (EAEU), saying he expects the free trade agreement (FTA) between the two sides to be completed soon.
Lao NA approves series of personnel adjustments

Lao NA approves series of personnel adjustments

The Standing Committee of the 9th Lao National Assembly (NA) approved a host of personnel adjustments at its monthly regular meeting on December 30.
Indonesia accelerates tourism growth in 2023

Indonesia accelerates tourism growth in 2023

Indonesian President Joko Widodo emphasised that 2023 is expected to be an opportune time for recovering and expediting the growth of the country's tourism sector, with the government planning to hold several prominent events.
Thailand, EU to resume FTA talks in March

Thailand, EU to resume FTA talks in March

Thailand and the EU have agreed to pursue free trade agreement (FTA) negotiations in the first quarter this year, after nearly a decade of stagnation.
Speaker of RoK National Assembly concludes official visit to Vietnam

Speaker of RoK National Assembly concludes official visit to Vietnam

Speaker of the National Assembly (NA) of the Republic of Korea (RoK) Kim Jin-pyo and his wife left Hanoi on January 18, concluding their seven-day official visit to Vietnam at the invitation of NA Chairman Vuong Dinh Hue.