Vietnam Investment Review

ThaiBev sets out 2023 expansion plans

Thai Beverage Plc. (ThaiBev) currently owns 53.6 per cent of SABECO and is intending to expand investment into other businesses in 2023.

LG to invest additional $4 billion in Vietnam

LG Corporation will invest an additional $4 billion in Vietnam and plans to make the nation its production hub for smartphone camera products.

VIR honours sustainable businesses in Vietnam

Nearly 40 businesses that have supported Vietnam’s sustainable development and CSR initiatives over the past five years have been honoured by VIR.

Samsung to raise total investment in Vietnam to $20 billion

Samsung Electronics vice chairman Han Jong-hee said the company would raise total investment in Vietnam to $20 billion, focusing on artificial intelligence and big data.
Vietnam and South Korea level up comprehensive strategic partnership

The Comprehensive Strategic Partnership is opening a new stage of development for investment opportunities between Vietnam and South Korea.
Listed companies lean into ESG conventions

The mounting acceleration of sustainability and ESG-related criteria have been among the major concerns among financial markets, and Vietnamese organisations are allocating more resources towards improving their resilience.

Phu Yen calls for assistance after storm

Land law considerations for foreigners

World Cup kicks off with hosts Qatar defeated

Message from government about resolving corporate bond issue

MB listed among top companies with best annual reports in Vietnam

MB was recently recognised as one of the top 10 large-cap listed companies with the best annual reports in 2022.

Jollibee mulls over sale of minority stakes in Highlands Coffee

Jollibee Food Corporation is in talks to sell a minority stake in the Vietnamese coffee chain Highlands Coffee.

The new era of edtech in Vietnam

Founder and CEO of edvin.ai Prithvi Puttaraju – a global serial tech entrepreneur – explains how he and his team are building a robust online tutoring ecosystem to turn edvin into a household name in Vietnam.

Corporate

CEO Talk Biz Link GE Vietnam Values

High informal worker figures pose issue for prosperity goals

Corporate December 07, 2022 | 15:00

High informal worker figures pose issue for prosperity goals

Vietnam’s high ratio of informal unskilled workers could affect the country’s efforts to increase national labour productivity and achieve the status of a prosperous nation by 2045.

Corporate December 07, 2022 | 14:00

Pharma groups step up competition

More international pharma and medical device businesses are rushing to venture further in Vietnam, anticipating wide growth potential.

CEO Talk December 06, 2022 | 08:00

BASF's route towards a circular economy

German multinational chemical company BASF is targeting a sustainable future. Dr. Carola Richter, president in Asia-Pacific (excluding China) for BASF, shared with VIR’s Bich Ngoc methods for this goal.

Biz Link December 06, 2022 | 15:58

Fortinet launches State of Operational Technology and Cybersecurity Report

At today's conference to announce Fortinet’s State of Operational Technology and Cybersecurity Report, experts exchanged information on the risk of OT security.

Investing

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

Investing December 07, 2022 | 10:31

Major ventures on way from chip makers

The construction of semiconductor component manufacturing sites is being accelerated, with hopes to offset shortages around the world.

Highlight December 07, 2022 | 10:11

Jollibee mulls over sale of minority stakes in Highlands Coffee

Jollibee Food Corporation is in talks to sell a minority stake in the Vietnamese coffee chain Highlands Coffee.

M&A December 07, 2022 | 10:11

Jollibee mulls over sale of minority stakes in Highlands Coffee

Jollibee Food Corporation is in talks to sell a minority stake in the Vietnamese coffee chain Highlands Coffee.

Outbound Investment November 17, 2022 | 16:36

VinFast opened its first store in Canada

The VinFast store that debuted on November 16 in the Yorkdale Shopping Centre in Toronto is the first of eight outlets that will open in Canada this year.

Your Consultant

KPMG PwC RSM Vietnam D.lion

Putting workers at the heart of operations with ILR

KPMG expands legal services in Asia Pacific

Your Consultant December 07, 2022 | 17:04

Putting workers at the heart of operations with ILR

Since last year, some companies have recently carried out the amendment and/or supplement to the internal labour rules, followed by registration with the competent authority in accordance with the Labour Code. There are critical points to these rules that can be looked at from a legal perspective in terms of the practice of Vietnam, with a strong focus on notification.

KPMG December 06, 2022 | 17:33

KPMG expands legal services in Asia Pacific

More than 275 lawyers across Southeast Asia are set to join KPMG legal firms, giving the global organisation an extensive legal footprint in Asia Pacific, bringing coverage globally to 84 jurisdictions.

KPMG December 06, 2022 | 17:33

KPMG expands legal services in Asia Pacific

More than 275 lawyers across Southeast Asia are set to join KPMG legal firms, giving the global organisation an extensive legal footprint in Asia Pacific, bringing coverage globally to 84 jurisdictions.

PwC November 17, 2022 | 10:26

Asia-Pacific outperforms global decarbonisation in 2021

The Asia-Pacific region outperformed its global counterparts in 2021 with a decarbonisation rate of 1.2 per cent according to a newly-released PwC report.

RSM Vietnam November 28, 2022 | 08:00

Evaluating the prospects of M&A upswings next year

Recent global geopolitical happenings and macroeconomic factors have caused the domestic M&A market to experience a downturn

D.lion December 02, 2022 | 18:38

D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion honored at SME100 2022.

Opinion

Carola Richter

President in Asia-Pacific (excluding China) for BASF

BASF's route towards a circular economy

Sembcorp pledges green products and investment in Vietnam

Charles Chong

Country head at Sembcorp Development Vietnam

Sembcorp pledges green products and investment in Vietnam

AkzoNobel stays committed to sustainable innovations

Maximilien Schréder

Regional commercial director for Powder Coatings in South Asia at AkzoNobel

AkzoNobel stays committed to sustainable innovations

Le Khanh Lam

Chairman of RSM Vietnam

Evaluating the prospects of M&A upswings next year

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

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.

August 02, 2022 | 16:05

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.

Green Growth

Energy Efficiency Rethinking Plastics

Impact assessment of EU’s Carbon Border Adjustment Mechanism begins

Nestlé Vietnam enters multi-stakeholder partnerships in green agriculture

Australia promotes carbon market collaborations

Coca-Cola Foundation funds plastic waste management project

Highlight December 06, 2022 | 17:53

Impact assessment of EU’s Carbon Border Adjustment Mechanism begins

A project on the impact assessment of the EU’s Carbon Border Adjustment Mechanism (CBAM) and recommendations on carbon tax policies for Vietnam officially kicked off this month.

Green Growth December 06, 2022 | 14:42

Nestlé Vietnam enters multi-stakeholder partnerships in green agriculture

Nestlé has partnered with stakeholders to promote regenerative agriculture in Vietnam and contribute to the development of green, sustainable and low-carbon agriculture.

CEO Talk December 06, 2022 | 08:00

BASF's route towards a circular economy

German multinational chemical company BASF is targeting a sustainable future. Dr. Carola Richter, president in Asia-Pacific (excluding China) for BASF, shared with VIR’s Bich Ngoc methods for this goal.

Green Growth December 05, 2022 | 14:53

Vietnam capable of wind power windfall

While wind power could offer endless opportunities, and new markets are emerging daily as more regions define their ambitions on marine energy, a policy gap in Vietnam continues to concern some players.

Green Growth December 02, 2022 | 17:01

Australia promotes carbon market collaborations

The Australian Department of Foreign Affairs and Trade's (DFAT) Business Partnerships Platform (BPP) announced six new private sector partnerships on November 29.

Green Growth December 01, 2022 | 18:17

Coca-Cola Foundation funds plastic waste management project

The Coca-Cola Foundation has announced funding for a plastic waste management project in Can Gio led by GreenHub.

Most viewed

Property

Green Buildings Industrial Properties

Phuc Khang Corporation again in top 10 sustainable businesses in Vietnam

Property December 07, 2022 | 11:19

Pauses put paid to real estate M&A

Difficulties in legal procedures are slowing down the flow of real estate mergers and acquisitions from foreign investors, with some units pausing or restructuring their strategies.

Property December 06, 2022 | 15:10

Phuc Khang Corporation again in top 10 sustainable businesses in Vietnam

Phuc Khang Corporation was once again honoured as a 'Top 10 Sustainable Business' ranked by the Corporate Sustainability Index 2022 on December 1.

Green Buildings December 02, 2022 | 18:34

KONE Vietnam shines at Smart City Award 2022

The KONE DX class elevator with built-in connectivity has been named as the winner of the “Vietnam Smart City Award 2022.”

Industrial Properties October 18, 2022 | 13:47

VSIP approved to develop Industrial Park in Can Tho

Vietnam Singapore Industrial Park Group (VSIP Group) was awarded the decision approving the investment plan to develop an industrial park project.

Money

Insurance Smart Payment Trends Stock Monitor

Undervalued banks winning bet for investors

Highlight December 07, 2022 | 18:50

MB listed among top companies with best annual reports in Vietnam

MB was recently recognised as one of the top 10 large-cap listed companies with the best annual reports in 2022.

Money December 07, 2022 | 09:36

Undervalued banks winning bet for investors

Although banking profits are expected to grow slower in Q4/2022 and in the first half of 2023, experts still have an optimistic outlook on bank stocks in the short term.

Insurance November 30, 2022 | 16:38

Generali maintains growth momentum with solid capital position

Italian-backed insurer Generali Vietnam has just released the financial statement of its parent company Generali Group for the first three quarters of this year.

Insurance November 27, 2022 | 16:21

Rice farmers provided blockchain-based weather insurance for first time

Vietnamese farmers will have the opportunity to share the risk of loss of rice yields thanks to weather index insurance with an affordable premium.

Smart Payment Trends December 01, 2022 | 11:04

Students supercharge SMEs in Visa and CCVSA’s Financial Literacy programme

Visa has announced the three winning teams from its 10th annual Vietnam Financial Literacy programme, with H2L taking home the first prize.

Smart Payment Trends November 15, 2022 | 12:11

Visa adds Google Wallet capabilities in Vietnam

Visa is launching Google Wallet for cardholders in Vietnam, allowing Android and Wear OS users to pay with a single tap of their smart device

Infographics

Infographics November 28, 2022 | 11:08

Vietnam ranks 7th in Asia-Pacific in terms of digital society

Vietnam ranks seventh among the countries in the Asia-Pacific region in terms of digital society, behind Australia, the Republic of Korea, Singapore, Japan, Thailand and Malaysia.

Infographics November 08, 2022 | 08:53

Six commodities post export value of 10 billion USD

Six commodities posted 10 billion USD in export value in the first ten months of this year, according to the General Statistics Office.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout December 07, 2022 | 10:58

Vietnam alters its attire to celebrate Christmas

Although Christmas is still a few weeks away, much of the country appears to be decked out in festive colours and spirit.

Timeout December 06, 2022 | 07:27

AkzoNobel joins hands to make life more inspiring

In early October, just a few days after Typhoon Noru made landfall, the people of Quy Nhon were surprised to see Cu Lao Xanh lighthouse wearing a new look.

Timeout December 06, 2022 | 10:32

Hospitality industry joins ESG

Environmental, social, and governance criteria are still a new concept for most tourism and hotel businesses in Vietnam, but the success stories of a number of pioneering brands have contributed to inspiring businesses to embrace them more, with several companies picking up awards at a seminar organised by Vietnam Investment Review last week.

Timeout December 02, 2022 | 14:49

Hanoi Tourism Ao Dai Festival 2022 taking place

The Hanoi Tourism Ao Dai Festival 2022 will take place at Hoan Kiem Lake's pedestrian streets from December 2-4 with a series of unique activities and events.

Hotels & Restaurants December 07, 2022 | 11:06

Christmas staycation at Sheraton Grand Danang Resort

Nestled directly on Vietnam’s central coast in the vibrant city of Danang, Sheraton Grand Danang Resort is one of the destinations for those who are looking for a fulfilling workation this festive season.

The Insider November 19, 2022 | 14:56

Hilton capitalises on Vietnam’s luxury travel market

As the demand for luxury travel continues to grow in the region, Hilton is ramping up its activities in this segment.

Lifestyle December 07, 2022 | 18:55

Moc Huong brings indigenous herbs to urban baths

Moc Huong company aims to research and develop the use of indigenous Vietnamese herbs in urban baths spaces in a natural, fresh, and authentic way.

Entertainment December 07, 2022 | 18:52

Connect with nature to enjoy the moment

In November 2022, AkzoNobel's Dulux paint brand announced the "Enjoy the Moment" campaign to promote the four main trending colours for 2023.

Videos

Live: “ESG: the Key for Sustainable Development”

Roundtable: ‘Building small airports for local economy take-off’

Phu Quoc voted among top 10 resort islands in Asia

VIR talk show to discuss digital talent and transformation in banking

End of the line

Vietnam attracts nearly 16.8 bln USD in FDI in eight months

Experiencing driving off-road ATVs in Mu Cang Chai

Cashless payments the way of the future for Vietnam

The Travel website suggests things to do in ancient Hoi An

Session 2: Opportunities and challenges for new investment channels

Session 1: Identify opportunities in traditional investment channels

Sports

Sports December 02, 2022 | 10:46

World Cup revenge on Ghanaian minds as Uruguay sweat

Uruguay stalwarts Edinson Cavani and Luis Suarez are fighting for their World Cup survival while Ghana will have revenge on their minds on Friday.

Sports December 02, 2022 | 10:34

Germany dumped out of World Cup as Japan stun Spain

Germany suffered a second straight group-stage exit at the World Cup on Thursday as Japan stunned Spain 2-1, a result which sent both teams through to the last 16.

Sports December 02, 2022 | 09:00

UEFA starts further investigation into Juventus finances

UEFA on Thursday said it was starting its own investigation into the finances of Serie A club Juventus.

Sports November 29, 2022 | 16:10

Brazil, Portugal join France in World Cup knockouts

Five-time champions Brazil and Cristiano Ronaldo's Portugal joined France in the World Cup knockout rounds with a game to spare on a dramatic day of action in Qatar on Monday.

Photos

Photos December 02, 2022 | 18:38

D.lion Media & Solutions honoured at SME100 2022 Ceremony

D.lion honored at SME100 2022.

Photos December 02, 2022 | 13:32

Cao Bang: Stunning beauty of under-the-radar tourist sites

Along with Ban Gioc Waterfall, Nguom Ngao Cave, and Pac Bo Cave, the northern mountainous province of Cao Bang boasts a kaleidoscope of untouched destinations that are certain to touch visitors’ hearts due to their jaw-dropping landscapes.

Photos November 29, 2022 | 13:00

VIR honours sustainable businesses in Vietnam

Nearly 40 businesses that have supported Vietnam’s sustainable development and CSR initiatives over the past five years have been honoured by VIR.

Photos November 08, 2022 | 09:36

Quang Nam charms visitors with ancient ambiance

Hoi An ancient town in the central province of Quang Nam boasts a kaleidoscope of features that offer visitors a nostalgic getaway.

Photos October 07, 2022 | 14:26

Ninh Van-Where stone sculptures become soulful

Stone masterpieces from artisans in Ninh Van craft village in Hoa Lu district in the northern province of Ninh Binh have found global fame over the past four centuries.

Society

Swing for the Kids CSR

Honouring efforts on women's empowerment and gender equality

Phu Yen to issue compensation for crop displacement

Society December 05, 2022 | 13:59

Honouring efforts on women's empowerment and gender equality

Phu Nhuan Jewelry JSC and Tan Son Nhat Airport Services JSC have been honoured for their efforts to promote women's empowerment and gender equality.

Society November 30, 2022 | 16:42

Phu Yen to issue compensation for crop displacement

Phu Yen province is set to publish pricing compensation for crops displaced by the North-South Expressway project.

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 December 06, 2022 | 04:48

Shinhan Life Vietnam supporting SOS Children's Village Hanoi

On December 3, representatives of Shinhan Life Vietnam visited SOS Children's Village Hanoi and presented new computers along with medicine support totalling over $13,000.

CSR December 05, 2022 | 15:17

Mizuiku clean water campaign hits eighth year of success

Suntory Group and Suntory PepsiCo Vietnam held a ceremony on December 2 to summarise the 8-year journey of the “Mizuiku - I love clean water” programme in Vietnam.

World News

EVFTA gains begin to blossom for Vietnam

Biden, Macron pledge US-French alliance on Ukraine, democracy

Uganda leads African charge into Vietnam

The solutions for stronger Canadian moves in Vietnam

Thriving trade setting up high-level visit from US

World News December 07, 2022 | 10:22

EVFTA gains begin to blossom for Vietnam

Vietnam and the EU, home to a market of nearly 450 million people, are witnessing a rise in their trade and investment cooperation fuelled by a bilateral free trade pact, which is offering a slew of benefits since it was established a couple of years ago.

World News December 07, 2022 | 10:15

ASEAN industrial progress on track

Vietnam’s industrial performance has been on an uptrend, with strong economic projections for the region as a whole and performance bouncing back.

World News December 02, 2022 | 11:34

Biden, Macron pledge US-French alliance on Ukraine, democracy

US President Joe Biden and French President Emmanuel Macron emerged from White House talks Thursday pledging to close ranks in helping Ukraine and pressuring Russia's Vladimir Putin to make peace.

World News November 30, 2022 | 11:57

Uganda leads African charge into Vietnam

Ugandan President Yoweri Kaguta Museveni’s official visit to Vietnam last week marked a major milestone in bilateral cooperation since the two countries forged their diplomatic ties in 1973, with both planning to expand trade and investment, including agricultural development.

World News November 30, 2022 | 08:00

The solutions for stronger Canadian moves in Vietnam

Vietnam and Canada are going through a heyday in bilateral ties, and currently celebrating a 5-year comprehensive partnership. Canadian Ambassador to Vietnam Shawn Perry Steil talked to VIR’s Thanh Tung about how the cooperation will continue to flourish.

World News November 30, 2022 | 08:00

Thriving trade setting up high-level visit from US

With their investment and trade blossoming, Vietnam and the United States are expected to soon see a high-level visit from the latter to the former, which is hoped to lay firm groundwork for both nations to elevate their existing ties to a greater level next year.