Vietnam Investment Review

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.

Vietnam warns of potential ban on TikTok amidst calls for enhanced compliance

The Vietnamese Ministry of Information and Communications has raised concerns about the future of TikTok in Vietnam.

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.

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

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.
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.

SBV Governor explains high lending rates, credit room management

High-end brands looking to invest in Vietnam

Great opportunities for investment in Vietnam’s ICT

Condotels, officetels get ownership certificates from May 20

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

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

As they struggle with the growing burden, numerous businesses are offering to sell almost all of their properties and other assets.

Corporate

CEO Talk Biz Link Vietnam Values

Job cuts continue for the leather and footwear industry

PM requests intensifying administrative reform, business climate improvement

Corporate June 02, 2023 | 17:32

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.

Corporate June 02, 2023 | 15:22

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.

CEO Talk April 27, 2023 | 09:30

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.

Biz Link June 02, 2023 | 08:16

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

Investing

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

Infineon Technologies expands operations in Vietnam

VIMC, Adani cooperate on seaport development

Investing June 05, 2023 | 08:00

Infineon Technologies expands operations in Vietnam

Infineon Technologies, the German semiconductor solutions provider, has recently unveiled plans to expand its operations in Vietnam.

Investing June 01, 2023 | 16:14

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.

M&A June 02, 2023 | 12:30

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.

Outbound Investment June 01, 2023 | 14:11

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.

Your Consultant

KPMG PwC RSM Vietnam ManpowerGroup Vietnam D.lion

Enhancing competition capacity of nation’s supporting industries

Your Consultant June 01, 2023 | 14:00

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.

Your Consultant June 01, 2023 | 10:10

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.

KPMG May 04, 2023 | 11:00

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.

PwC May 30, 2023 | 11:28

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 March 14, 2023 | 10:07

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.

ManpowerGroup Vietnam May 29, 2023 | 16:06

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.

D.lion March 31, 2023 | 19:50

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.

Opinion

Werner Vogels

CTO at Amazon

Cloud technology thriving in Vietnam

Nokia laying groundwork for Vietnam’s digital economy

Rubén Moron Flores

General manager of Nokia Vietnam

Nokia laying groundwork for Vietnam’s digital economy

Qualcomm partners with Vietnam for 5G rollout

Shah Zeb

Senior director, Business Development, Qualcomm Technologies

Qualcomm partners with Vietnam for 5G rollout

What might the Vietnamese economy look like in 2023?

Le Khanh Lam

chairman of RSM Vietnam

What might the Vietnamese economy look like in 2023?

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

December 13, 2022 | 12:02

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.

September 19, 2022 | 08:25

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.

September 15, 2022 | 15:54

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.

August 15, 2022 | 14:41

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.

August 04, 2022 | 01:31

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.

Green Growth

Energy Efficiency Rethinking Plastics

Mondelez Kinh Do launches solar energy projects

Vinamilk receives BSI nod for carbon-neutrality efforts

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

Phu My Solar Plant receives earliest COD

Green Growth June 03, 2023 | 08:00

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.

Green Growth June 02, 2023 | 17:48

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.

Green Growth June 02, 2023 | 17:34

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.

Green Growth June 02, 2023 | 12:35

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.

Green Growth May 31, 2023 | 18:05

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.

Green Growth May 31, 2023 | 18:00

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.

Most viewed

Property

Green Buildings Industrial Properties

Property June 05, 2023 | 08:00

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.

Highlight June 02, 2023 | 17:36

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.

Green Buildings April 20, 2023 | 14:45

Enhancing resistance of buildings to natural disasters

IFC launched BRI on April 20 to help Vietnamese enterprises build climate-resilient building projects.

Industrial Properties April 10, 2023 | 10:01

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.

Money

Insurance Smart Payment Trends Stock Monitor

Good risk management contributes to strong performance at Home Credit

FinanceAsia names Citi Best Sustainable Bank in Vietnam

Money June 03, 2023 | 11:56

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.

Money June 03, 2023 | 11:47

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.

Insurance June 02, 2023 | 10:13

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.

Insurance May 30, 2023 | 18:45

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.

Smart Payment Trends May 30, 2023 | 18:41

Kredivo enters into collaboration with OnePay

Kredivo, a leading buy now, pay later platform in Indonesia, has announced a partnership with OnePay.

Smart Payment Trends May 29, 2023 | 14:50

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

Infographics

Infographics May 23, 2023 | 16:19

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.

Infographics May 19, 2023 | 09:30

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.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout June 02, 2023 | 11:21

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.

Timeout May 26, 2023 | 09:42

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.

Timeout May 26, 2023 | 10:00

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.

Timeout May 23, 2023 | 16:07

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.

Hotels & Restaurants May 27, 2023 | 15:00

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.

The Insider May 03, 2023 | 16:22

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?

Lifestyle May 23, 2023 | 12:07

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

Entertainment May 29, 2023 | 14:46

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.

Videos

Vietnam shows significant improvement in business environment: EIU

Live: Stronger Investment Partnerships for a Thriving Vietnam

Roundtable: Removing bottlenecks - promoting the growth of the real estate market

Vietnam remains favourite destination for European firms: Report

Vietnam ranks 65th in world happiness report

Roundtable: Seeking a boost for inbound tourism

Digital Transformation – Faster, Smarter, Greener

Vietnam’s FDI projected to reap up to 38 bln USD in 2023

Great experience of Australian Ambassador Andrew Goledzinowski when going to Tet market in Hanoi

Lawmakers approve appointment of two Deputy PMs

Live: “ESG: the Key for Sustainable Development”

Sports

Travel June 02, 2023 | 11:21

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.

Sports June 01, 2023 | 15:08

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.

Sports May 31, 2023 | 15:22

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.

Sports May 31, 2023 | 15:18

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.

Photos

Swing for the Kids June 01, 2023 | 16:06

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.

Photos May 19, 2023 | 10:47

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.

Photos May 16, 2023 | 15:20

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.

Photos May 08, 2023 | 15:31

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

Photos May 04, 2023 | 16:19