KCN Vietnam's proud development journey

KCN Vietnam's proud development journey

Dinh Thanh Phuong, business development director at KCN Vietnam Group, shares some critical milestones in the company's development trajectory with VIR's Thanh Nguyen.
Increasing number of real estate businesses withdrawing from market

Increasing number of real estate businesses withdrawing from market

The real estate business continues to be the most affected sector by the current economic situation, according to a recent MPI report.
Foreign investors buying up local businesses

Foreign investors buying up local businesses

As they struggle with the growing burden, numerous businesses are offering to sell almost all of their properties and other assets.
Job cuts continue for the leather and footwear industry PM requests intensifying administrative reform, business climate improvement
Job cuts continue for the leather and footwear industry

Job cuts continue for the leather and footwear industry

Due to a severe lack of orders, the leather and footwear industry has been compelled to once again scale back its labour force.
PM requests intensifying administrative reform, business climate improvement

PM requests intensifying administrative reform, business climate improvement

Prime Minister Pham Minh Chinh on June 1 signed a document requesting all public agencies and localities intensify their work for effective administrative reform and business climate improvement.
Cloud technology thriving in Vietnam

Cloud technology thriving in Vietnam

Werner Vogels, CTO at Amazon, spoke with VIR’s Bich Thuy about how future tech trends will impact digital transformation in the country.
Binh Duong leather factory to generate $1 million in monthly revenue

Binh Duong leather factory to generate $1 million in monthly revenue

The inauguration of Argentine leather factory "Serendipity Bros" took place on May 31 in Binh Duong province. The factory boasts a production capacity of 600,000 square feet, which translates to a monthly revenue generation of US$1 million
Infineon Technologies expands operations in Vietnam VIMC, Adani cooperate on seaport development
Infineon Technologies expands operations in Vietnam

Infineon Technologies expands operations in Vietnam

Infineon Technologies, the German semiconductor solutions provider, has recently unveiled plans to expand its operations in Vietnam.
VIMC, Adani cooperate on seaport development

VIMC, Adani cooperate on seaport development

Vietnam Maritime Corporation (VIMC) and India’s Adani Ports and SEZ Ltd. (APSEZ) on May 24 signed an MoU to cooperate in seaports and logistics development.
Foreign investors buying up local businesses

Foreign investors buying up local businesses

As they struggle with the growing burden, numerous businesses are offering to sell almost all of their properties and other assets.
Vietnam's Direct Investment Abroad & in Myanmar debuts for first time

Vietnam's Direct Investment Abroad & in Myanmar debuts for first time

The launching of the book Vietnam's Direct Investment Abroad & in Myanmar will provide useful data for anyone looking to invest overseas.
Insights garnered in high-tech FDI Enhancing competition capacity of nation’s supporting industries
Insights garnered in high-tech FDI

Insights garnered in high-tech FDI

Attracting high-tech foreign direct investment has become a strategic priority for Vietnam as it moves up the value chain and seeks to continue its impressive economic growth trajectory.
Enhancing competition capacity of nation’s supporting industries

Enhancing competition capacity of nation’s supporting industries

The governments of Vietnam and South Korea are intensifying initiatives to improve the competitiveness of Vietnam’s supporting industries.
ESG-centric businesses set to gain plaudits for long-term vision

ESG-centric businesses set to gain plaudits for long-term vision

In a global economy, companies that do not implement environmental, social, and governance (ESG) criteria might be put at a significant disadvantage to their ESG-conscious competitors.
E-commerce competition: a story of past and future

E-commerce competition: a story of past and future

E-commerce investment activities in Vietnam can be divided into three main phases. In the first phase, Vietnam’s e-commerce industry started from the mid-2000s to 2010 with early generations of e-commerce platforms such as Vat Gia, En Bac, Cho Dien Tu, and 123mua.vn.
RSM Vietnam stays ahead of the changing business environment

RSM Vietnam stays ahead of the changing business environment

RSM Vietnam continues to support the development of its clients as it keeps up with the rapidly evolving business climate.
The impressive changes in Vietnamese labour market

The impressive changes in Vietnamese labour market

The official passage of the Law on Foreign Investment in Vietnam in 1987 is considered a historic turning point that contributes to attracting an increasing number of foreign-led enterprises into Vietnam over the years.
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.
Cloud technology thriving in Vietnam

Cloud technology thriving in Vietnam

Nokia laying groundwork for Vietnam’s digital economy

Nokia laying groundwork for Vietnam’s digital economy

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?

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.
Mondelez Kinh Do launches solar energy projects Vinamilk receives BSI nod for carbon-neutrality efforts Vietnam needs to modify policies to foster offshore wind power 40 per cent renewable energy target for Vietnam's commercial power consumption Phu My Solar Plant receives earliest COD Power overhaul plan picks up steam
Mondelez Kinh Do launches solar energy projects

Mondelez Kinh Do launches solar energy projects

Mondelez Kinh Do Vietnam has announced solar energy projects at its Hung Yen and Binh Duong factories to help meet its net-zero by 2050 targets.
Vinamilk receives BSI nod for carbon-neutrality efforts

Vinamilk receives BSI nod for carbon-neutrality efforts

Vinamilk has just received validation for its pioneering efforts in the Vietnamese dairy industry to establish carbon-neutral factories and farms.
Vietnam needs to modify policies to foster offshore wind power

Vietnam needs to modify policies to foster offshore wind power

Vietnam needs to implement a suitable policy to efficiently achieve its goal of producing 7GW of offshore wind power by 2030.
40 per cent renewable energy target for Vietnam's commercial power consumption

40 per cent renewable energy target for Vietnam's commercial power consumption

To implement the Power Development Plan VIII (PDP8) and secure the nation's energy supply, power system flexibility concerns must be handled immediately.
Phu My Solar Plant receives earliest COD

Phu My Solar Plant receives earliest COD

Bamboo Capital's Phu My Solar Power Plant has received the earliest commercial operation date (COD) for a project in the transitional renewable energy category.
Power overhaul plan picks up steam

Power overhaul plan picks up steam

The newly approved Power Development Plan for this decade heads up a charge to adhere to Vietnam’s strong commitments to net-zero, but there is still an enormous amount of work to be done.
KCN Vietnam's proud development journey Increasing number of real estate businesses withdrawing from market
KCN Vietnam's proud development journey

KCN Vietnam's proud development journey

Dinh Thanh Phuong, business development director at KCN Vietnam Group, shares some critical milestones in the company's development trajectory with VIR's Thanh Nguyen.
Increasing number of real estate businesses withdrawing from market

Increasing number of real estate businesses withdrawing from market

The real estate business continues to be the most affected sector by the current economic situation, according to a recent MPI report.
Enhancing resistance of buildings to natural disasters

Enhancing resistance of buildings to natural disasters

IFC launched BRI on April 20 to help Vietnamese enterprises build climate-resilient building projects.
KTG Industrial breaks ground on Nhon Trach 2 project phase 3

KTG Industrial breaks ground on Nhon Trach 2 project phase 3

KTG Industrial started construction on the third phase of the Nhon Trach 2 project.
Good risk management contributes to strong performance at Home Credit FinanceAsia names Citi Best Sustainable Bank in Vietnam
Good risk management contributes to strong performance at Home Credit

Good risk management contributes to strong performance at Home Credit

Thanks to efforts and optimal solutions in risk management, Home Credit is considered a strong, solid, and sustainable player with a proven innovation and transformation track record.
FinanceAsia names Citi Best Sustainable Bank in Vietnam

FinanceAsia names Citi Best Sustainable Bank in Vietnam

Citi has been recognised by FinanceAsia, the region's premier capital markets publication, for sustainability work in the country and commitment to partnering with clients.
Generali confirms its extremely solid capital position

Generali confirms its extremely solid capital position

Generali has delivered strong profit growth in the first quarter of 2023 and confirmed its extremely solid capital position.
T&T Group and DB Group form strategic partnership to fuel investment opportunities

T&T Group and DB Group form strategic partnership to fuel investment opportunities

T&T Group and DB Group have joined forces in a strategic alliance, aiming to drive investment collaboration across various sectors and the insurance industry.
Kredivo enters into collaboration with OnePay

Kredivo enters into collaboration with OnePay

Kredivo, a leading buy now, pay later platform in Indonesia, has announced a partnership with OnePay.
Cashless Day 2023: digital payments drive financial transformation

Cashless Day 2023: digital payments drive financial transformation

With non-cash transactions surging by 53 per cent in volume and internet-based transactions skyrocketing by 88 per cent in volume, Vietnam's drive towards a cashless society is gaining momentous growth, empowering 75 per cent of its population with active
Vietnamese Phở among world’s 100 most popular dishes: TasteAtlas

Vietnamese Phở among world’s 100 most popular dishes: TasteAtlas

Phở, a Vietnamese noodle soup sold on almost all street corners in Vietnam, has found itself in 34th place on a list of the 100 most popular dishes in the world compiled by international food magazine TasteAtlas.
Vietnam tops SEA Games 32 medal tally

Vietnam tops SEA Games 32 medal tally

Vietnam won 136 gold medals to secure the top spot in the medal tally as SEA Games 32 in Cambodia came to the final official day of competition on May 16. This is the first time Vietnam has finished first at a SEA Games edition not held on its home ground in the event’s 64-year history.
Asian Tour Destinations welcomes pioneering BRG Da Nang Golf Resort

Asian Tour Destinations welcomes pioneering BRG Da Nang Golf Resort

The BRG Da Nang Golf Resort, which broke new ground by hosting an Asian Development Tour event in Vietnam, has become a member of Asian Tour Destinations.
Ninh Binh Tourism Week 2023 set to land on May 27

Ninh Binh Tourism Week 2023 set to land on May 27

The Ninh Binh Tourism Week 2023, themed The Golden Colour of Tam Coc - Trang An, is slated to take place throughout the province from May 27 to June 4.
No luxury hotel built on Ha Long Bay: Authorities

No luxury hotel built on Ha Long Bay: Authorities

An investigation will be launched after an image circulated on social media claiming to be a ‘new hotel’ built on the side of a mountain at the World Natural Heritage of Ha Long Bay.
Broken rice ranks second among top 100 most tasty rice dishes in Asia by TasteAtlas

Broken rice ranks second among top 100 most tasty rice dishes in Asia by TasteAtlas

Vietnam’s broken rice (locally known as com tam) was chosen the second place among the top 100 most tasty rice dishes in Asia by TasteAtlas, the home of local food, traditional restaurants, and authentic recipes, in March this year.
Emeralda Resort Ninh Binh makes perfect destination for MICE tourism

Emeralda Resort Ninh Binh makes perfect destination for MICE tourism

Emeralda Resort Ninh Binh has introduced an attractive meeting package from only $21 per guest.
Connecting Asean to enhance international tourist flows

Connecting Asean to enhance international tourist flows

ASEAN is incrementally forming chain connections to promote the growth of long-term international tourists. Meeting the expectations of international travellers is crucial to Vietnamese tourism. Many people are familiar with Vietnam, specifically Ho Chi Minh City, but is there more to Vietnam than the southern metropolis?
Pan Pacific Hanoi & Hope Centre present Heart For Autism art exhibition

Pan Pacific Hanoi & Hope Centre present Heart For Autism art exhibition

The exhibition featuring 15 paintings by children with autism will open from June 2-4 at Pan Pacific Hanoi
California Fitness spends $25 million on Vietnam market operations

California Fitness spends $25 million on Vietnam market operations

The funds will be used to expand, upgrade the equipment, appearance and services of a number of clubs, and renew the lease agreements of four California Fitness at favourable locations for the next 15 years.
Asian Tour Destinations welcomes pioneering BRG Da Nang Golf Resort

Asian Tour Destinations welcomes pioneering BRG Da Nang Golf Resort

The BRG Da Nang Golf Resort, which broke new ground by hosting an Asian Development Tour event in Vietnam, has become a member of Asian Tour Destinations.
Leon beat 'lucky' Los Angeles FC to take Champions League final lead

Leon beat 'lucky' Los Angeles FC to take Champions League final lead

Mexican side Leon defeated Los Angeles FC 2-1 to take a slender advantage after the first leg of the CONCACAF Champions League final on Wednesday.
Vietnam’s futsal team looks good heading into Asian qualifiers

Vietnam’s futsal team looks good heading into Asian qualifiers

To prepare for the organisation of the 2024 Asian futsal qualifiers, the Asian Football Confederation (AFC) has conducted seed grouping as well as announced the draw rules for the 31 participating teams, including Vietnam.
Vietnam to compete in AVC Challenger Cup in June

Vietnam to compete in AVC Challenger Cup in June

Vietnam will participate in the 2023 Asian Volleyball Confederation (AVC) Challenger Cup from June 18-25 in Indonesia.
The Charity Scholarship Award Ceremony was held by VIR in Ha Tinh and Nghe An provinces

The Charity Scholarship Award Ceremony was held by VIR in Ha Tinh and Nghe An provinces

The Charity Scholarship Award Ceremony was held by VIR in Ha Tinh and Nghe An provinces on May 18-19, and was part of the Party Committee of the Ministry of Planning and Investment's (MPI) annual working trip to Ho Chi Minh's hometown.
Co To islands hold huge potential for tourism development

Co To islands hold huge potential for tourism development

With 30 islets, Co To island district off Quang Ninh province is considered among the 10 most beautiful islands for tourism in Vietnam. The islets boast long coastlines, smooth white sand, spectacular landscapes and sea breezy cool temperatures.
VIR honours investors who help make Vietnam an FDI success story (photo)

VIR honours investors who help make Vietnam an FDI success story (photo)

VIR has granted medals to honour the investors, businesses, and organisations that have contributed to making Vietnam a foreign direct investment (FDI) success story.
Amazing natural beauty of Son Tra Peninsula

Amazing natural beauty of Son Tra Peninsula

Located 10 km northeast of the centre of Da Nang city, Son Tra Peninsula covers an area of 4,390 ha and boasts diverse natural landscapes, a fresh climate, and convenient transportation links. The destination holds great potential for tourism development.
Ban Gioc among world’s top amazing waterfalls

Ban Gioc among world’s top amazing waterfalls

Ban Gioc Waterfall is considered a priceless gift that the nature has given to the northern mountainous province of Cao Bang. It is an overwhelming waterfall with breathtaking beauty in Southeast Asia
ISHCMC celebrates 30 years with launch of new Student Grant Programme Nine Vietnamese universities listed in THE Impact Rankings 2023
ISHCMC celebrates 30 years with launch of new Student Grant Programme

ISHCMC celebrates 30 years with launch of new Student Grant Programme

ISHCMC has proudly announced the launch of a scholarship designed to recognise students who exhibit exceptional talent, determination, and potential.
Nine Vietnamese universities listed in THE Impact Rankings 2023

Nine Vietnamese universities listed in THE Impact Rankings 2023

Nine Vietnamese universities have been listed in the THE Impact Rankings 2023 released by the Times Higher Education (THE) on June 1.
The Charity Scholarship Award Ceremony was held by VIR in Ha Tinh and Nghe An provinces

The Charity Scholarship Award Ceremony was held by VIR in Ha Tinh and Nghe An provinces

The Charity Scholarship Award Ceremony was held by VIR in Ha Tinh and Nghe An provinces on May 18-19, and was part of the Party Committee of the Ministry of Planning and Investment's (MPI) annual working trip to Ho Chi Minh's hometown.
Underprivileged students supported in Ha Tinh and Nghe An

Underprivileged students supported in Ha Tinh and Nghe An

Almost 400 scholarships via Vietnam Investment Review were awarded to disadvantaged students to mark President Ho Chi Minh's 133rd birthday.
CapitaLand Development distributes school essentials to 1,400 students

CapitaLand Development distributes school essentials to 1,400 students

CapitaLand Development (Vietnam) has distributed school essentials to about 1,400 students under the CapitaLand Hope School Programme.
IOM launches project to improve TB treatment for migrants

IOM launches project to improve TB treatment for migrants

The project aims to improve access to TB diagnosis and treatment for cross-border migrants in the border areas between Vietnam and Cambodia.
Citi: Asia is a time machine to the future Mexico police find 45 bags with human body parts in ravine Indonesia sees 32 billion USD investment in EV battery chain World Bank approves 176-million-USD fisheries project in Philippines Hong Kong launches retail-friendly rules for crypto exchanges Cambodian National Assembly ratifies ASEAN trade in services agreement
Citi: Asia is a time machine to the future

Citi: Asia is a time machine to the future

Citi has explored how Asia acts as a time machine that can transport other regions into a new world of commerce, entertainment, and healthcare.
Mexico police find 45 bags with human body parts in ravine

Mexico police find 45 bags with human body parts in ravine

At least 45 bags with human remains were found in a ravine in the western Mexican state of Jalisco during a search for seven young people reported missing last week, local authorities said Thursday.
Indonesia sees 32 billion USD investment in EV battery chain

Indonesia sees 32 billion USD investment in EV battery chain

Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan on May 30 revealed that the country can receive an estimated 31.9 billion USD in investments for project tied to battery supply chain by 2026.
World Bank approves 176-million-USD fisheries project in Philippines

World Bank approves 176-million-USD fisheries project in Philippines

The World Bank (WB) on May 31 approved a 176-million-USD loan to fund a fisheries project that aims to improve fisheries management, enhance the value of fisheries production, and raise incomes for coastal communities in the Philippines.
Hong Kong launches retail-friendly rules for crypto exchanges

Hong Kong launches retail-friendly rules for crypto exchanges

Hong Kong opened its arms to the virtual asset world on Thursday, launching new retail-friendly rules for the city's crypto exchanges.
Cambodian National Assembly ratifies ASEAN trade in services agreement

Cambodian National Assembly ratifies ASEAN trade in services agreement

The Cambodian National Assembly on May 30 ratified the ASEAN Trade in Services Agreement (ATISA) to boost trade and investment in the area of services.