Exports to the Americas eye strong rebound

Exports to the Americas eye strong rebound

Robust rebound in America post-pandemic has ushered in multiple opportunities to beef up export of Vietnam’s key products.
Building on the ASEAN Community

Building on the ASEAN Community

August 8 will mark ASEAN’s 55th anniversary of establishment and the end of last month marked 27 years since Vietnam joined the bloc. Minister of Foreign Affairs Bui Thanh Son writes about the journey of ASEAN development and Vietnam’s contributions to the organisation.
Vietnam spends $5 billion on coal imports

Vietnam spends $5 billion on coal imports

In the first seven months of this year, Vietnam spent over $5 billion to import coal for thermal power plants, up 123 per cent on-year.
Legalities in way of blockchain progress Blockchain projects preferring long-term partnerships
Legalities in way of blockchain progress

Legalities in way of blockchain progress

To promote the development of blockchain technology and encourage businesses to proactively accelerate the digital transformation process, insiders deem it necessary to quickly complete the legal corridor for this new technology.
Blockchain projects preferring long-term partnerships

Blockchain projects preferring long-term partnerships

With the blockchain market showing signs of recovery and the amount of capital increasing sharply in recent weeks globally, investors are now more confident in seeking out stronger connections to move forward.
The key challenges ahead for a digital economic boom

The key challenges ahead for a digital economic boom

Digital revenues in Vietnam are forecast to grow exponentially as the government continues to roll out new initiatives. Dwayne Ong, founder and CEO of Singaporean certification body CASUGOL, talked to VIR’s Bich Thuy about how Vietnam can address its primary challenges to ensure sustainable digital growth.
Binh Minh Plastics honoured by Forbes Vietnam

Binh Minh Plastics honoured by Forbes Vietnam

Binh Minh Plastics JSC (BM PLASCO), an SCG member in Vietnam, was named as one of the 50 Best Listed Firms in 2022 by Forbes Vietnam.
Dong Nai powering up transmission grid development Education investment dips increasingly into edtech
Dong Nai powering up transmission grid development

Dong Nai powering up transmission grid development

Concerted efforts are gearing towards clearing the hurdles facing power transmission projects in the southern province of Dong Nai.
Education investment dips increasingly into edtech

Education investment dips increasingly into edtech

If previously, Singaporean education investors saw opportunities in opening new training facilities in Vietnam or joint training programmes with existing educational institutions, the market in recent times has witnessed the entry of more Singaporean funds into the edtech sector.
Potential energy investors clamour for regulation clarity

Potential energy investors clamour for regulation clarity

The lack of an answer for feed-in tariffs and generally available infrastructure is slowing down the prospects of mergers and acquisitions in Vietnam’s renewables arena.
Viettel Global posts impressive H1 profits

Viettel Global posts impressive H1 profits

Following the growth momentum of the previous quarter, Viettel Global continued to post strong revenue and profit in the second quarter of the year.
Conforming to treaty via Law on IP Vietnam needs skilled workforce to become upper-middle-income economy by 2035: WB
Conforming to treaty via Law on IP

Conforming to treaty via Law on IP

In the last few years, Vietnam has signed a certain number of international trade agreements which require Vietnam to accede to or approve the WIPO Copyright Treaty (WCT) within a prescribed time period.
Vietnam needs skilled workforce to become upper-middle-income economy by 2035: WB

Vietnam needs skilled workforce to become upper-middle-income economy by 2035: WB

Vietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”.
KPMG discusses latest report Emerging Giants in Asia Pacific

KPMG discusses latest report Emerging Giants in Asia Pacific

Nguyen Trung Kien, director of KPMG Private Enterprise, talked with VIR’s Linh Le about the trends for startups.
Empowered consumers prepared to make changes

Empowered consumers prepared to make changes

The PwC June 2022 Global Consumer Insights Pulse Survey has found that consumers are continuing to adapt to supply chain disruptions and increasing inflation.
RSM Vietnam continues to transform to realise its vision

RSM Vietnam continues to transform to realise its vision

With the theme Transforming Together for Vision 2030, RSM encourages its people to collaborate to lead the way towards driving change and innovation.
ASL LAW successfully defends in lawsuit against circumvention of trade remedies

ASL LAW successfully defends in lawsuit against circumvention of trade remedies

ASL LAW has successfully represented and protected the interests of two businesses that are not subject to anti-circumvention tax.
Stakeholders seek sustainable strategies to retain workers

Stakeholders seek sustainable strategies to retain workers

More than 200 business leaders and representatives from authorities met on June 14 to discuss sustainable strategies for attracting and retaining workers.
Conforming to treaty via Law on IP

Conforming to treaty via Law on IP

In the last few years, Vietnam has signed a certain number of international trade agreements which require Vietnam to accede to or approve the WIPO Copyright Treaty (WCT) within a prescribed time period.
Passion is available to turn Vietnam into blockchain hub

Passion is available to turn Vietnam into blockchain hub

Even if traditional entrepreneurs have a fantastic business idea, typical fundraising processes require significantly more effort, time, and money. William Do, CEO of HOBBIT Investment, explained to VIR’s Hoang Dan why fundraising in crypto may offer an alternative that is best suited for blockchain-related projects.
CapitaLand Development enhances its operations

CapitaLand Development enhances its operations

TCP Group delivering value

TCP Group delivering value

Attempting to balance green ideas with profit

Attempting to balance green ideas with profit

Boeing to increase its footprint in Vietnam's aviation market

Boeing to increase its footprint in Vietnam's aviation market

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.
Bringing benefits to business via diversity policies

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.
Contributing to Vietnam’s green energy shift (Emagazine)

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.
PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

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.
Green from the get-go: Gamuda Land’s blueprint for sustainable success in Vietnam

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.
Potential energy investors clamour for regulation clarity Textile and apparel firms increasingly going green Localisation the key for offshore venture victories MoIT recommends unfinished wind, solar farms negotiate energy prices National Strategy on Climate Change for 2050 approved Vietnam has first JCM Eco Lease scheme project registered
Potential energy investors clamour for regulation clarity

Potential energy investors clamour for regulation clarity

The lack of an answer for feed-in tariffs and generally available infrastructure is slowing down the prospects of mergers and acquisitions in Vietnam’s renewables arena.
Textile and apparel firms increasingly going green

Textile and apparel firms increasingly going green

Going green increasingly becomes a trend among firms in the textile and apparel sector, with more units bolstering investment into greening production.
Localisation the key for offshore venture victories

Localisation the key for offshore venture victories

Investors are showing more ambition when it comes to high-quality offshore projects. Riccardo Felici, country manager for renewables consultants OWC Vietnam, told VIR’s Nguyen Thu about the challenges in the energy transition path and lessons for this country in particular.
MoIT recommends unfinished wind, solar farms negotiate energy prices

MoIT recommends unfinished wind, solar farms negotiate energy prices

The Ministry of Industry and Trade (MoIT) has asked the Prime Minister about the mechanism for ongoing solar power and transitional wind power projects to enjoy the incentive price.
National Strategy on Climate Change for 2050 approved

National Strategy on Climate Change for 2050 approved

Hanoi - Deputy Prime Minister Le Van Thanh has signed a decision approving the National Strategy on Climate Change for 2050.
Vietnam has first JCM Eco Lease scheme project registered

Vietnam has first JCM Eco Lease scheme project registered

An eco-lease solar power project is set to be implemented under cooperation between the Vietnamese and Japanese governments.
Construction businesses expect rosier stock performance in H2 More green property trends incoming
Construction businesses expect rosier stock performance in H2

Construction businesses expect rosier stock performance in H2

Construction businesses are expected to benefit from a government programme and accelerated public investment, heralding rosier performance.
More green property trends incoming

More green property trends incoming

Vietnam is one of the key markets for Singaporean investors who are interested in green real estate, smart cities, and high-tech logistics.
IFC subscribes to $44 million bond to promote green housing

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 real estate attracts foreign investors via M&A

Industrial real estate attracts foreign investors via M&A

Do Gia Long, deputy general director of Redsunland Investment JSC talks about the advantages of M&As, the barriers to them, and solutions to foster deals.
Maybank Securities predicts robust growth for H2 2022 Squeeze in allotted credit room for commercial banks
Maybank Securities predicts robust growth for H2 2022

Maybank Securities predicts robust growth for H2 2022

The earnings growth of listed companies is predicted to pick up in the second half of the year according to Maybank Securities' latest report.
Squeeze in allotted credit room for commercial banks

Squeeze in allotted credit room for commercial banks

The rapid expansion of credit and lending activities in the first few months of this year have prompted commercial banks to run out of credit lines, which had been temporarily allotted by the State Bank of Vietnam at the start of the year.
Manulife retains prime MDRT ranking in Vietnam

Manulife retains prime MDRT ranking in Vietnam

Manulife Vietnam retained its pole position in the MDRT 2022 rankings, reaffirming the insurer’s commitment.
Non-life insurance sees rosy first-half performance

Non-life insurance sees rosy first-half performance

The non-life insurance segment recaptured momentum, reaching double-digit growth in premium revenue in the first half of this year.
Eco-friendly payment initiative launched by Visa

Eco-friendly payment initiative launched by Visa

Digital payment giant Visa is boosting its contribution to promoting the prosperity of Vietnam towards sustainable development and a digital economy.
Visa paving the way to an inclusive digital economy

Visa paving the way to an inclusive digital economy

Visa is empowering innovation in Vietnam, supporting consumers and businesses towards a digital economy.
Vietnam’s overseas investment nears 358.76 million USD in first 7 months

Vietnam’s overseas investment nears 358.76 million USD in first 7 months

In the first seven months of this year, Vietnam’s total investment abroad neared 358.76 million USD, or about 63 percent against the figure in the same period of 2021.
Top 10 hospitable tourist destinations in Vietnam in 2022

Top 10 hospitable tourist destinations in Vietnam in 2022

Vietnam's tourism sector officially entered the recovery stage after a long hiatus caused by the COVID-19 pandemic. Acknowledging an increase in demand of search for destinations, US-based online booking travel agency Booking.com announced top 10 most hospitable tourist destinations in Vietnam in 2022.
Outbound tours to Europe rocked by passport tangle

Outbound tours to Europe rocked by passport tangle

A number of Vietnamese outbound travel companies have already been affected by the decision of some European nations to not recognise Vietnam’s new passports.
Vietnam among Asia's best places for holiday: Australian travel magazine

Vietnam among Asia's best places for holiday: Australian travel magazine

Australian magazine Traveller has listed Vietnam among the eight "best places to go in Asia for a holiday."
Da Nang’s tourism promoted in India

Da Nang’s tourism promoted in India

A programme introducing Da Nang city’s tourism was held in New Delhi, India on August 4.
Vietnam Vacation Club lauches attractive products on Phu Quoc

Vietnam Vacation Club lauches attractive products on Phu Quoc

Vietnam Vacation Club has launched two long-term vacation products, The Sea Holiday and The Sky Holiday, on Phu Quoc.
Gusto Thai Restaurant earns second Thai SELECT award

Gusto Thai Restaurant earns second Thai SELECT award

For the second year in a row, Gusto Thai Restaurant has been honoured with the Thai SELECT award.
Diversifying career opportunities for ethnic minority youths

Diversifying career opportunities for ethnic minority youths

Implementing vocational training programmes for young people in minority ethnic groups is an effective solution to improve their livelihoods.
AEON Vietnam kicks off AEON Ekiden 2022 in Hanoi

AEON Vietnam kicks off AEON Ekiden 2022 in Hanoi

On July 31, AEON Vietnam launched the relay race series AEON Ekiden to coincide with the Vietnam-Japan cultural festival at AEON Ha Dong.
Fostering Indonesia-Vietnam friendship through the love for motorbikes

Fostering Indonesia-Vietnam friendship through the love for motorbikes

Wonderful Indonesia Motorbike Touring 2022 has carried a special mission of promoting tourism and Indonesian micro, small, and medium-sized enterprises.
BRG Group expands efforts in major golf events

BRG Group expands efforts in major golf events

After backing the local golf industry for over two decades, BRG is now further increasing its efforts to turn Vietnam into a golf paradise.
Herbalife supports Vietnamese athletes bound for 11th ASEAN Para Games

Herbalife supports Vietnamese athletes bound for 11th ASEAN Para Games

Herbalife Vietnam worked with the Vietnam Paralympic Association (VPA) to organise a send-off ceremony for hundreds of Vietnamese athletes, coaches, and cadres.
How F1 is helping Vietnam strive for a sustainable future

How F1 is helping Vietnam strive for a sustainable future

F1 is moving towards its sustainable future: developing a fully sustainable fuel solution based on biomass fuel for 2026, alongside global sponsor ARAMCO.
Man City, Liverpool renew title fight as Premier League clubs flex financial muscle

Man City, Liverpool renew title fight as Premier League clubs flex financial muscle

Premier League clubs have splashed an estimated £1 billion ($1.2 billion) in the arms race for new talent ahead of the start to the 2022/23 season on Friday, but champions Manchester City remain the side to beat.
Market session of mountainous region re-enacted in Hanoi

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.
Khanh Hoa - Phu Yen route: View from above

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.
Co Loa Citadel offers glimpse into past

Co Loa Citadel offers glimpse into past

Co Loa Citadel, 20km north of Hanoi, appears to be the oldest such structure in Southeast Asia. The citadel was built under the reign of King An Duong Vuong (around the 2nd century BC). Its name "Co Loa" is derived from the Sino-Vietnamese for "old spiral" as the structure is built in a spiral shape.
Exploring Kieu Cave in Quang Binh province

Exploring Kieu Cave in Quang Binh province

The central province of Quang Binh, dubbed the “Kingdom of Caves”, has thrilled visitors with jaw-dropping caves such as Tu Lan and Ca Loi. The majestic beauty of the newly-opened Kieu Cave will also leave visitors in awe.
Beauty of over 500-year-old tiled-roof bridge in Nam Dinh

Beauty of over 500-year-old tiled-roof bridge in Nam Dinh

The tiled-roof Luong Market Bridge in Hai Anh commune in Hai Hau district is among the most ancient and famous covered bridges in the northern province of Nam Dinh, dating back more than 500 years. It was erected late in the 15th century in an architectural style that features a house on top. It is popular among visitors, especially young people.
Storm Mulan weakens into tropical depression Vietnam reports 2,010 new COVID-19 cases on August 10
Storm Mulan weakens into tropical depression

Storm Mulan weakens into tropical depression

Storm Mulan weakened into a tropical depression after entering the Gulf of Tonkin on August 10 night, according to the National Centre for Hydro-Meteorological Forecasting.
Vietnam reports 2,010 new COVID-19 cases on August 10

Vietnam reports 2,010 new COVID-19 cases on August 10

Vietnam recorded 2,010 COVID-19 cases on August 10, raising the national caseload to 11,353,573, according to the Ministry of Health.
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.
SCG Chemicals and Long Son Petrochemicals join Vung Tau to plant trees

SCG Chemicals and Long Son Petrochemicals join Vung Tau to plant trees

SCG Chemicals and Long Son Petrochemicals joined Vung Tau People’s Committee to plant 400 trees in the area of Nui Lon in the city.
SANSE prepares youth for sustainable development

SANSE prepares youth for sustainable development

VIR's Phuc Gia Ngo talked to Nguyen Trang Linh, head of development at SANSE, to learn more about the organisation.
ASEAN Committee in Cuba extends condolences over oil facility explosion Thai government pumps money to save Thai Airways from bankruptcy Thailand to import shrimps from Ecuador, India Thai businesses eye expanding trade, investment in Cambodia Malaysia’s inflation may hit double digits: Finance Minister ASEAN heads of civil service meet in Hanoi
ASEAN Committee in Cuba extends condolences over oil facility explosion

ASEAN Committee in Cuba extends condolences over oil facility explosion

The ASEAN Committee in Cuba (AHC) has offered condolences to the Cuban government and people over the human and assess losses caused by a massive blaze at an oil storage facility which started in Matanzas province on August 5.
Thai government pumps money to save Thai Airways from bankruptcy

Thai government pumps money to save Thai Airways from bankruptcy

Thai Airways International Pcl will receive key financial support from the government for its 80 billion (2.2 billion USD) capital-raising and debt-to-equity swap plan which is aimed at helping the carrier come out of bankruptcy, according to Bloomberg News.
Thailand to import shrimps from Ecuador, India

Thailand to import shrimps from Ecuador, India

Thailand will import over 10,500 tonnes of sea shrimps this year to ease a shortage at processing plants under a decision made on August 8 at the first meeting of the shrimp board with 21 members representing the Government as well as shrimp farmers and processors.
Thai businesses eye expanding trade, investment in Cambodia

Thai businesses eye expanding trade, investment in Cambodia

Thai businesses have set their sights on expanding trade and investment in Cambodia, especially in processed food, agriculture, tourism, renewable energy, plastic, and gems and jewellery.
Malaysia’s inflation may hit double digits: Finance Minister

Malaysia’s inflation may hit double digits: Finance Minister

Finance Minister Zafrul Aziz has said Malaysia's inflation may reach around 11 percent if the government does not implement subsidies for essential items like fuel.
ASEAN heads of civil service meet in Hanoi

ASEAN heads of civil service meet in Hanoi

The Heads of Civil Service Meeting themed “Modernising civil service towards a cohesive and responsive ASEAN Community” kicked off on August 5 as part of the 21st ASEAN Conference on Civil Service Matters (ACCSM 21).