Vietnam Investment Review

Smoothing the path for capital inflow at Industrial Property Forum 2022

The Industrial Property Forum 2022 will discuss the hottest industrial property trends, bottlenecks, and other insights right in the heart of Ho Chi Minh City.

Ho Chi Minh City proposes to open casinos

Ho Chi Minh City proposes to open casinos in hotels with at least 5-star standards to encourage the development of the evening and night economy.

Rental prices of industrial land set new record

Thanks to an improved manufacturing industry and border reopening, the flock of foreign investors has led rental prices of industrial land to set a new record.

Smoothing the path for capital inflow at Industrial Property Forum 2022

The Industrial Property Forum 2022 will discuss the hottest industrial property trends, bottlenecks, and other insights right in the heart of Ho Chi Minh City.
National Assembly to debate issues crucial to socioeconomic development

The third session of the 15th National Assembly opened on the morning of May 23 in Hanoi and will last 19 days.
More favourable rule system urged for healthcare PPPs

A more robust legal framework is being sought to strengthen public-private partnerships in the health sector, thus increasing the system’s resilience and sustainability for better preparation for new pandemics.

Vietnam defeat Thailand to keep SEA Games men’s football crown

US partners interested in Vietnam’s energy development orientations

Construction material hikes put pressure on property prices

National Power Development Plan VIII paves way for renewable energy

Europeans getting taste for Vietnamese intentions

Popular European companies are continuing to eye up new deals or expansion here. Alain Cany, chairman of the European Chamber of Commerce in Vietnam, talks with VIR’s Bich Ngoc about his assessment of the flow of foreign funding from the European continent.

Agro-product providers and exporters defy impact of sharp increase in fertiliser prices

Long-term contracts underway mean that many agro-product providers and exporters are withstanding the impact of a sharp increase in fertiliser prices.

PM attends investment promotion conference in Gia Lai

Prime Minister Pham Minh Chinh attended the Gia Lai Investment Promotion Conference 2022 in Pleiku city on May 21, which drew representatives from ministries, sectors, international organisations, businesses, investors and localities in the Central Highlands region.

Corporate

CEO Talk Biz Link GE Vietnam Values

Industrial Properties May 23, 2022 | 21:00

Europeans getting taste for Vietnamese intentions

Popular European companies are continuing to eye up new deals or expansion here. Alain Cany, chairman of the European Chamber of Commerce in Vietnam, talks with VIR’s Bich Ngoc about his assessment of the flow of foreign funding from the European continent.

Highlight May 23, 2022 | 18:49

Agro-product providers and exporters defy impact of sharp increase in fertiliser prices

Long-term contracts underway mean that many agro-product providers and exporters are withstanding the impact of a sharp increase in fertiliser prices.

CEO Talk May 23, 2022 | 20:42

BW Industrial setting the market standard

Established in 2018 by a joint venture between Warburg Pincus and Becamex IDC, BW Industrial Development JSC has become the largest and fastest-growing logistics and industrial for-rent platform in Vietnam. Lance Li, CEO of BW Industrial Development JSC, talked with VIR’s Bich Ngoc about his assessment of the development of the market.

Biz Link May 23, 2022 | 16:16

BAEMIN appreciates customers during third anniversary

Launched in May 2019, BAEMIN is now the leading food application in geographical coverage, with services available in 21 cities across Vietnam.

Investing

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

Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism

Green Growth May 23, 2022 | 11:23

Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism

The Central Highlands province of Gia Lai held a workshop on May 22 to introduce its potential and seek chances for investment cooperation with Japan in agriculture, processing, renewable energy, and tourism.

Investing May 23, 2022 | 09:13

Ho Chi Minh City proposes to open casinos

Ho Chi Minh City proposes to open casinos in hotels with at least 5-star standards to encourage the development of the evening and night economy.

M&A May 19, 2022 | 13:26

Frasers Law Company launches second edition of M&A Guide

Many key points are discussed in the second edition of the Frasers Vietnam Mergers & Acquisitions (M&A) Guide.

Outbound Investment May 16, 2022 | 11:18

FPT Software opens 10th office in the US

FPT Software on May 15 opened a new office in New York City to explore new opportunities for development.

Your Consultant

KPMG PwC RSM Vietnam ASL LAW ManpowerGroup Vietnam Indochine Counsel

Vietnam poised for the next level of social commerce via innovative startups

Crafting complete enterprise and investment laws

Your Consultant May 20, 2022 | 08:00

Vietnam poised for the next level of social commerce via innovative startups

A new wave of startups has emerged in Vietnam’s social commerce sector, some of which have attracted almost $14 million in funding this year.

Your Consultant May 19, 2022 | 22:00

Crafting complete enterprise and investment laws

The Law on Investment (LoI) and the Law on Enterprises (LoE), both issued in 2020, are the essential legal references for foreign investment in Vietnam. Both have marked an important milestone in development of the Vietnamese legal framework on foreign direct investment (FDI), creating more favourable conditions for foreign investors when implementing investment projects in Vietnam.

KPMG April 21, 2022 | 08:00

The trust imperative – how to build and sustain the trust of your stakeholders

In a fast-evolving market on the heels of a global pandemic, trust is the coveted ticket to play.

PwC February 17, 2022 | 10:58

2022 outlook: Solid path to growth

According to data released by the General Statistics Office (GSO), Vietnam recorded a 2.58 per cent GDP growth rate last year, making it one of the very few countries with a growth rate lower than 2020. This is unsurprising, as the nation went through an extended lockdown in the second half of last year, causing serious economic ramifications.

RSM Vietnam April 11, 2022 | 09:00

Taking advantage of vast potential of renewables

Power consumption in Vietnam has increased approximately 10 per cent per year on average, significantly faster than the national GDP, in order to meet the insatiable demand for more power generation and investment.

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 May 05, 2022 | 14:25

Accelerating trends and renewed urgency for labour

This year several labour trends have emerged that will impact organisations of every size, according to ManpowerGroup’s recently released report.

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).

Opinion

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

Leflair restructuring to expand its lifestyle branch ecosystem and boost profits

Pamela Aw Young

Group COO of SoPa

Leflair restructuring to expand its lifestyle branch ecosystem and boost profits

Restructuring and introducing a new CEO, Leflair Group covers Southeast Asia

Loic Gautier

CEO of Leflair Group

Restructuring and introducing a new CEO, Leflair Group covers Southeast Asia

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.

May 24, 2021 | 16:28

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

UN promises support for Vietnam’s energy transition scheme

SCG kicks off the first-ever Hacks to Heal our Planet competition in Vietnam

Equinor reaffirms entry in Vietnam’s offshore wind

Finding the spark to ignite energy goals

Nation lacking coal supply for sufficient power generation

Green Growth May 23, 2022 | 11:23

Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism

The Central Highlands province of Gia Lai held a workshop on May 22 to introduce its potential and seek chances for investment cooperation with Japan in agriculture, processing, renewable energy, and tourism.

Green Growth May 20, 2022 | 11:11

UN promises support for Vietnam’s energy transition scheme

The United Nations (UN) has affirmed its willingness to support Vietnam in establishing a partnership on energy transition with the Group of Seven (G7) nations in a letter of UN Secretary-General Antonio Guterres to Vietnamese Prime Minister Pham Minh Chinh.

Green Growth May 20, 2022 | 09:57

SCG kicks off the first-ever Hacks to Heal our Planet competition in Vietnam

SCG has announced the Hacks to Heal our Planet contest as an opportunity for the new generation to show their creative ideas to improve the environment.

Green Growth May 19, 2022 | 18:32

Equinor reaffirms entry in Vietnam’s offshore wind

The official opening of a representative office in Hanoi by Equinor demonstrates the ambition of Norway’s largest energy company in Vietnam, which boasts huge potential for offshore wind development. Jens Olaf Økland, Equinor’s senior vice president, discussed with VIR’s Bich Thuy the group’s upcoming plans in the region.

Green Growth May 19, 2022 | 17:50

Finding the spark to ignite energy goals

Transforming Vietnam into a high-income economy by 2045 requires enough juice to power the nation’s machinery. However, with the heavy reliance on coal, the country also needs to tackle issues regarding climate change, thus accelerating its journey towards utilisation of its abundant renewable energy sources.

Green Growth May 19, 2022 | 17:39

Nation lacking coal supply for sufficient power generation

Vietnam is in the midst of a major coal shortage due to falling imports, rising energy demand, and transmission limitations, with the issue not only deepening risk of power shortages this summer but also affecting economic recovery.

Property

Green Buildings Industrial Properties

Property May 23, 2022 | 22:39

Smoothing the path for capital inflow at Industrial Property Forum 2022

The Industrial Property Forum 2022 will discuss the hottest industrial property trends, bottlenecks, and other insights right in the heart of Ho Chi Minh City.

Industrial Properties May 23, 2022 | 20:42

BW Industrial setting the market standard

Established in 2018 by a joint venture between Warburg Pincus and Becamex IDC, BW Industrial Development JSC has become the largest and fastest-growing logistics and industrial for-rent platform in Vietnam. Lance Li, CEO of BW Industrial Development JSC, talked with VIR’s Bich Ngoc about his assessment of the development of the market.

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 May 23, 2022 | 21:00

Europeans getting taste for Vietnamese intentions

Popular European companies are continuing to eye up new deals or expansion here. Alain Cany, chairman of the European Chamber of Commerce in Vietnam, talks with VIR’s Bich Ngoc about his assessment of the flow of foreign funding from the European continent.

Money

Insurance Smart Payment Trends Stock Monitor

Banks under pressure despite positive credit recovery

Money May 23, 2022 | 18:14

Banks under pressure despite positive credit recovery

Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates.

Money May 22, 2022 | 15:59

Vietnamese banks expected to get better credit ratings

Ratings of Vietnamese banks are expected to be continually improved thanks to Viet Nam’s positive sovereign credit rating.

Insurance May 04, 2022 | 12:29

Insurance industry forecasts less favourable year in 2022

Hanoi - After gaining high growth last year, the insurance industry is forecast to experience a less favourable time in 2022 as many insurers have so far planned lower profit targets or slowing growth compared to last year.

Insurance April 30, 2022 | 10:01

LienVietPostBank to sign an exclusive bancassurance agreement in mid-June

LienVietPostBank is mulling over an exclusive bancassurance deal after its 5-year agreement with Dai-ichi Life.

Smart Payment Trends April 04, 2022 | 15:06

Visa kicks off new journey to support Female Vietnamese entrepreneurs

Visa has chosen Vietnam as one of 10 new destinations in its journey to support female entrepreneurs in capital mobilisation, business governance, and development through the She’s Next Grant programme.

Smart Payment Trends March 29, 2022 | 11:06

Visa announces expansion of She's Next programme

The three winners of the She's Next sponsorship programme launched by Visa for the first time in Vietnam will receive a grant of $10,000 each.

Infographics

Infographics May 23, 2022 | 11:43

PAPI index of five centrally-governed cities

The Vietnam Provincial Governance and Public Administration Performance Index (PAPI) is the country’s largest, annual, citizen-centric, nationwide policy monitoring tool. PAPI captures citizens’ experiences and perceptions to benchmark the performance and quality of policy implementation and service delivery of all 63 provincial governments in Vietnam.

Infographics May 20, 2022 | 09:35

April’s CPI increases 0.18 percent

The consumer price index (CPI) in April rose 0.18 percent over the previous month and 2.64 percent year on year, according to the General Statistics Office.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout May 23, 2022 | 18:19

RoK helps Hue city develop smart tourism

The People’s Committee of Hue city in central Thua Thien-Hue province, and the Korea International Cooperation Agency (KOICA) on May 23 jointly kicked off a project to build Hue city of culture and smart tourism.

Timeout May 21, 2022 | 12:02

Festival bringing exposure to Hanoi’s distinct food and crafts

In response to Vietnam’s hosting of SEA Games 31, Hanoi is putting on the Cuisine and Craft Village Tourism Festival 2022.

Timeout May 20, 2022 | 08:00

Prospects for green tourism real estate development

Do Chi Cong, member of EuroCham and general director of SB Invest shared with VIR the prospects of developing green tourism real estate in Vietnam.

Timeout May 16, 2022 | 11:00

Lotus Festival elevates status of Dong Thap province

The first-ever Dong Thap Lotus Festival will take place on May 19-21 at the square of Temple of Literature in Cao Lanh city, which is expected to elevate the position of the Mekong Delta province of Dong Thap on the tourism map.

Hotels & Restaurants May 23, 2022 | 09:08

Sheraton Saigon Hotel & Towers debuts Li Bai’s handcrafted authentic Dragon Boat Dumplings

Sheraton Saigon Hotel & Towers introduces premium Dragon Boat Dumplings following Li Bai’s special recipe featuring authentic Cantonese flavours.

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 May 02, 2022 | 11:38

Agricultural connectivity bolstered in Dong Thap province

A six-day forum on bridging One Commune, One Product items in the Mekong Delta is set to leave a mark on agricultural production and bolster regional connectivity by turning the region into a deserving place to live.

Entertainment May 19, 2022 | 12:08

Vietnamese consumers’ growing interest in Australian F&B products

Accelerated by the removal of import tariffs for Australian products, they have seen an increasing demand among Vietnamese consumers in recent years.

Videos

Talkshow "Cybersecurity Issues with NFT Games"

PM visits New York Stock Exchange

PM Pham Minh Chinh meets with US President Joe Biden

Talkshow: Legal Updates for Vietnamese NFT Games

Việt Nam: Đi Để Yêu! - Let's shine and Live fully

Power generation capacity projected to reach 146,000 MW by 2030

Q1 foreign investment into real estate increases

Hanoi among most favoured destinations in Southeast Asia: Travelbook

Breakthroughs in Ninh Thuan’s socio-economic development

FDI disbursement hits five-year high

Talk show - Getting 5G Ready for Vietnam’s Digital Transformation

Sports

Sports May 23, 2022 | 10:18

PM congratulates Vietnam's U23 football team

Prime Minister Pham Minh Chinh on May 22 evening sent his congratulations to the men’s U23 football team and coach Park Hang-seo on their championship at the 31st Southeast Asian Games (SEA Games 31) hosted by Vietnam.

Sports May 22, 2022 | 21:47

Vietnam defeat Thailand to keep SEA Games men’s football crown

The U-23 men’s football team of Vietnam beat its Thai archrival 1-0 in the final of the ongoing 31 Southeast Asian Games U23 (SEA Games 31) held on its home soil to keep back the crown in a tense match on May 22.

Sports May 22, 2022 | 15:16

Coaches play mind games ahead of football final

The Vietnam – Thailand football rivalry will have a new chapter as they face off in the SEA Games men's football final on May 22 in the My Dinh National Stadium in Hanoi.

Sports May 22, 2022 | 14:57

SEA Games 31: Vietnam win over Thailand to take gold in women’s football

The Vietnamese women’s football team had a 1-0 win over the Thai rivals to take the gold medal in the final match on May 21 at Cam Pha Gymnasium, Quang Ninh province, at the on-going SEA Games 31.

Photos

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.

Photos May 13, 2022 | 17:56

SEA Games 31 begins with vivid, colourful opening ceremony

SEA Games 31 burst into life with fireworks and a captivating cultural show in the capital city of Hanoi, the Games officially run from 12-23 May with over 5,000 athletes from 11 nations competing.

Photos May 03, 2022 | 09:40

Phu Quoc - Leading resort and entertainment paradise in Southeast Asia

Phu Quoc is the largest island in Vietnam and boasts a mild climate and natural beauty. It has gradually become a resort paradise for both domestic and foreign tourists, a land rich in primaeval forests, pristine poetic beaches, and a host of resorts and high-end entertainment venues.

Photos April 21, 2022 | 10:20

Dien Bien lures tourists with stunning landscapes

The northern mountainous province of Dien Bien has charmed tourists with serene ethnic villages, terraced rice fields, and stunning landscapes.

Photos April 19, 2022 | 12:03

Foreign designer's love for Vietnam’s brocade

Mesmerized by brocade material, Australian designer Cynthia Mann decided to settle down in Vietnam after staying for a short time to help her friend complete a documentary project. The designer brought the fashion brand “Future Traditions” which has impressed many customers, mostly foreigners living in Vietnam.

Society

Swing for the Kids CSR

10,000 students and parents join MILO Erun Walking Day 2022 in Khanh Hoa

Former Deputy Health Minister gets four years in jail in fake medicine case

CSR May 23, 2022 | 16:23

10,000 students and parents join MILO Erun Walking Day 2022 in Khanh Hoa

MILO Erun Walking Day 2022 took place in Nha Trang city, Khanh Hoa on May 22 with the participation of nearly 10,000 local students and parents.

Society May 20, 2022 | 10:17

Former Deputy Health Minister gets four years in jail in fake medicine case

Former Deputy Health Minister Truong Quoc Cuong was given four years in jail in the first-instance trial of the case relating to the trading of counterfeit medicine labelled as Health 2000 Canada; lack of responsibilities causing serious consequences; and abuse of positions and power while on duty, which took place in HCM City, some other localities and at the Health Ministry’s Drug Administration (DAV).

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 May 23, 2022 | 16:23

10,000 students and parents join MILO Erun Walking Day 2022 in Khanh Hoa

MILO Erun Walking Day 2022 took place in Nha Trang city, Khanh Hoa on May 22 with the participation of nearly 10,000 local students and parents.

CSR April 28, 2022 | 11:05

Shinhan Life Vietnam supports child patients with blood cancer

On April 26, Shinhan Life Vietnam presented pediatric oncology patients at the Children's Hospital in Ho Chi Minh City with 100 million VND (4,350 USD).

World News

Singapore, Indonesia to jointly develop port in Central Java

Vietnam backs rules-based multilateral trading system: official

Indonesia to lift palm oil export ban from May 23

Unvaccinated tourists not exempted from quarantine upon arrival in Cambodia

Tokyo to host 14th Vietnam Festival in June

US officials speak on ASEAN - US Special Summit

World News May 23, 2022 | 18:31

Singapore, Indonesia to jointly develop port in Central Java

Indonesia and Singapore plan to build an international container port in Kendal industrial park - a joint venture between the two countries - in Central Java of Indonesia, Singapore's Finance Minister Lawrence Wong has said.

World News May 23, 2022 | 18:07

Vietnam backs rules-based multilateral trading system: official

Vietnam supports a rules-based multilateral trading system and the World Trade Organization's (WTO) role in the global trade system, Deputy Minister of Industry and Trade Tran Quoc Khanh stated at the Asia-Pacific Economic Cooperation (APEC)'s 28th Ministers Responsible for Trade (MRT) meeting.

World News May 22, 2022 | 15:27