Europeans getting taste for Vietnamese intentions

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

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

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.
Europeans getting taste for Vietnamese intentions Agro-product providers and exporters defy impact of sharp increase in fertiliser prices
Europeans getting taste for Vietnamese intentions

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

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.
BW Industrial setting the market standard

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.
BAEMIN appreciates customers during third anniversary

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.
Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism Ho Chi Minh City proposes to open casinos
Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism

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.
Ho Chi Minh City proposes to open casinos

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.
Frasers Law Company launches second edition of M&A Guide

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.
FPT Software opens 10th office in the US

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.
Vietnam poised for the next level of social commerce via innovative startups Crafting complete enterprise and investment laws
Vietnam poised for the next level of social commerce via innovative startups

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.
Crafting complete enterprise and investment laws

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

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.
2022 outlook: Solid path to growth

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.
Taking advantage of vast potential of renewables

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.
Cleaning up legislation for NFT success in Vietnam

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.
Accelerating trends and renewed urgency for labour

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.
Positive scenarios for working capital development

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).
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.
Ambassadors of peace

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.
SABECO clears house at international beer awards to take local brand to the world

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

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.
UN promises support for Vietnam’s energy transition scheme

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

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.
Equinor reaffirms entry in Vietnam’s offshore wind

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.
Finding the spark to ignite energy goals

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.
Nation lacking coal supply for sufficient power generation

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.
Smoothing the path for capital inflow at Industrial Property Forum 2022 BW Industrial setting the market standard
Smoothing the path for capital inflow at Industrial Property Forum 2022

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.
BW Industrial setting the market standard

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.
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.
Europeans getting taste for Vietnamese intentions

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.
Banks under pressure despite positive credit recovery Vietnamese banks expected to get better credit ratings
Banks under pressure despite positive credit recovery

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.
Vietnamese banks expected to get better credit ratings

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 industry forecasts less favourable year in 2022

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.
LienVietPostBank to sign an exclusive bancassurance agreement in mid-June

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.
Visa kicks off new journey to support Female Vietnamese entrepreneurs

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.
Visa announces expansion of She's Next programme

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.
PAPI index of five centrally-governed cities

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.
April’s CPI increases 0.18 percent

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.
RoK helps Hue city develop smart tourism

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.
Festival bringing exposure to Hanoi’s distinct food and crafts

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.
Prospects for green tourism real estate development

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.
Lotus Festival elevates status of Dong Thap province

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

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.
More Vietnamese businesswomen going digital

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.
Agricultural connectivity bolstered in Dong Thap province

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.
Vietnamese consumers’ growing interest in Australian F&B products

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.
PM congratulates Vietnam's U23 football team

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

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.
Coaches play mind games ahead of football final

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

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.
The beauty of Lang Co Bay

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.
SEA Games 31 begins with vivid, colourful opening ceremony

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.
Phu Quoc - Leading resort and entertainment paradise in Southeast Asia

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.
Dien Bien lures tourists with stunning landscapes

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.
Foreign designer's love for Vietnam’s brocade

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

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

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

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.
Shinhan Life Vietnam supports child patients with blood cancer

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).
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
Singapore, Indonesia to jointly develop port in Central Java

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.
Vietnam backs rules-based multilateral trading system: official

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.
Indonesia to lift palm oil export ban from May 23

Indonesia to lift palm oil export ban from May 23

Indonesia will lift its palm oil export ban from May 23, following improvements in the domestic cooking oil supply situation, the country's President Joko Widodo has announced.
Unvaccinated tourists not exempted from quarantine upon arrival in Cambodia

Unvaccinated tourists not exempted from quarantine upon arrival in Cambodia

Tourists who have not been vaccinated against COVID-19 will not be exempted from quarantine when entering Cambodia, according to the national press agency of Cambodia AKP.
Tokyo to host 14th Vietnam Festival in June

Tokyo to host 14th Vietnam Festival in June

The 14th Vietnam Festival is scheduled to take place at Yoyogi Park in Tokyo, Japan, from June 4-5.
US officials speak on ASEAN - US Special Summit

US officials speak on ASEAN - US Special Summit

A US official has described the recent ASEAN - US Special Summit as a “tremendous success” while addressing a press briefing held by the Asia Pacific Media Hub of the US Department of State’s Bureau of Public Affairs on May 17.