Vietnam's opens centre for digital transformation in the press

Vietnam's opens centre for digital transformation in the press

Vietnam debuted a centre to support the press to effectively implement the digital transformation goals as stated in the Strategy on Digital Transformation of the Press by 2025.
70,000 garment and textiles job cuts since January

70,000 garment and textiles job cuts since January

In an effort to retain as much personnel as possible, textiles firms are attempting to reduce production costs by any means possible.
Thua Thien - Hue grants investment licences to nine projects

Thua Thien - Hue grants investment licences to nine projects

Since the beginning of the year, nine new projects have been granted investment licences by central Thua Thien - Hue province with a total investment of more than 2 trillion VND (85 million USD), according to a report by the provincial Department of Planning and Investment.
TikTok probe’s findings expected in July: Deputy Minister FPT and Mila expand strategic partnership to advance responsible AI
TikTok probe’s findings expected in July: Deputy Minister

TikTok probe’s findings expected in July: Deputy Minister

Findings of the probe into TikTok operation in Vietnam are expected to be announced in July, Deputy Minister of Information and Communications Nguyen Thanh Lam said on June 5 at the ministry’s monthly press briefing.
FPT and Mila expand strategic partnership to advance responsible AI

FPT and Mila expand strategic partnership to advance responsible AI

On June 2, FPT and Mila - Quebec AI Institute announced the renewal of a three-year strategic partnership agreement to promote responsible AI.
Cloud technology thriving in Vietnam

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.
Data security – A top priority for digital economy development

Data security – A top priority for digital economy development

Businesses, policymakers, and experts gathered at the Vietnam Security Summit 2023 on June 2 to discuss the importance of information security.
Da Nang improves investment attraction quality Thua Thien - Hue grants investment licences to nine projects
Da Nang improves investment attraction quality

Da Nang improves investment attraction quality

The central city of Da Nang is working to build a business environment conducive for investors, based on the pillars of hi-tech industry, tourism and sea-based economy.
Thua Thien - Hue grants investment licences to nine projects

Thua Thien - Hue grants investment licences to nine projects

Since the beginning of the year, nine new projects have been granted investment licences by central Thua Thien - Hue province with a total investment of more than 2 trillion VND (85 million USD), according to a report by the provincial Department of Planning and Investment.
Foreign investors buying up local businesses

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.
Vietnam's Direct Investment Abroad & in Myanmar debuts for first time

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.
Enhanced customer experience with AI-powered tech Responding to the changes in the startup environment
Enhanced customer experience with AI-powered tech

Enhanced customer experience with AI-powered tech

With hyper-personalised digital banking apps, cashless transactions are becoming the new norm. We are seeing the emergence of digital financial advisors that are entirely capable of providing financial planning advice through automated algorithms. The rapid pace of digital transformation in the finance industry cannot be stopped.
Responding to the changes in the startup environment

Responding to the changes in the startup environment

Startups today face the daunting obstacles of scaling their businesses and proving their revenue models.
Responding to the changes in the startup environment

Responding to the changes in the startup environment

Startups today face the daunting obstacles of scaling their businesses and proving their revenue models.
E-commerce competition: a story of past and future

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 stays ahead of the changing business environment

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.
The impressive changes in Vietnamese labour market

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.
DIGI-TEXX sets the standards in digital and business process outsourcing services

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.
Cloud technology thriving in Vietnam

Cloud technology thriving in Vietnam

Nokia laying groundwork for Vietnam’s digital economy

Nokia laying groundwork for Vietnam’s digital economy

Qualcomm partners with Vietnam for 5G rollout

Qualcomm partners with Vietnam for 5G rollout

What might the Vietnamese economy look like in 2023?

What might the Vietnamese economy look like in 2023?

Accelerating digital transformation in Vietnam and the road to 5G

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.
Citi supporting Vietnam in connecting the global dots

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.
Radisson Hotel Group spearheading hospitality growth in Asia-Pacific

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.
Secrets of the most special securities company in Vietnam

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.
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.
Unilever promotes series of activities on environmental protection Malaysians tend to use solar power in concern of power bills AES Vietnam fosters regional talent through scholarships Renewable energy investment challenges in Vietnam: risks and delays Mondelez Kinh Do launches solar energy projects Vinamilk receives BSI nod for carbon-neutrality efforts
Unilever promotes series of activities on environmental protection

Unilever promotes series of activities on environmental protection

Unilever Vietnam is joining with the MoNRE to launch a campaign to clean up the environment by tackling plastic pollution and regenerating nature in Vietnam.
Malaysians tend to use solar power in concern of power bills

Malaysians tend to use solar power in concern of power bills

More Malaysian households and businesses are installing solar photovoltaic (PV) panels in a bid to bring down monthly electricity bills.
AES Vietnam fosters regional talent through scholarships

AES Vietnam fosters regional talent through scholarships

The AES Future Energy Scholarship has been awarded to five UPT civil engineering students.
Renewable energy investment challenges in Vietnam: risks and delays

Renewable energy investment challenges in Vietnam: risks and delays

Minister of Industry and Trade Nguyen Hong Dien has noted that many investors have neglected procedures and violated regulations in their rush to meet the Feed-in-Tariff deadline.
Mondelez Kinh Do launches solar energy projects

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.
Vinamilk receives BSI nod for carbon-neutrality efforts

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.
Vietnam's industrial rents are rising swiftly KCN Vietnam's proud development journey
Vietnam's industrial rents are rising swiftly

Vietnam's industrial rents are rising swiftly

Land and industrial infrastructure rental costs are increasing by approximately 10 to 15 per cent annually in Vietnam.
KCN Vietnam's proud development journey

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.
Enhancing resistance of buildings to natural disasters

Enhancing resistance of buildings to natural disasters

IFC launched BRI on April 20 to help Vietnamese enterprises build climate-resilient building projects.
Vietnam's industrial rents are rising swiftly

Vietnam's industrial rents are rising swiftly

Land and industrial infrastructure rental costs are increasing by approximately 10 to 15 per cent annually in Vietnam.
Interest rate cuts alone deemed insufficient FIEs remain reluctant to take on stock listing
Interest rate cuts alone deemed insufficient

Interest rate cuts alone deemed insufficient

Members of the business community and experts are weighing up the diverse aspects of interest rate reductions, focusing on measures to ensure future growth.
FIEs remain reluctant to take on stock listing

FIEs remain reluctant to take on stock listing

Despite the substantial contribution of foreign direct investment to Vietnam’s overall economy, the presence of foreign-led groups in the stock market remains disproportionately meagre and fails to reflect its true significance, experts point out.
Manulife Vietnam repays over $34 million in light of accusations

Manulife Vietnam repays over $34 million in light of accusations

Manulife Vietnam has received thousands of complaints regarding allegations against it and SCB of insurance contract deception.
Generali confirms its extremely solid capital position

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.
Vietnam sees increase in Mobile Money users, reaching 3.9 million accounts

Vietnam sees increase in Mobile Money users, reaching 3.9 million accounts

In Vietnam, the number of Mobile Money users has surpassed 3.9 million, with a notable concentration of over 2.7 million users in rural areas, mountainous regions, and remote areas, accounting for 69 per cent of the total user base.
Kredivo enters into collaboration with OnePay

Kredivo enters into collaboration with OnePay

Kredivo, a leading buy now, pay later platform in Indonesia, has announced a partnership with OnePay.
Vietnamese Phở among world’s 100 most popular dishes: TasteAtlas

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.
Vietnam tops SEA Games 32 medal tally

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.
Ideal venue for meetings at The Secret Con Dao

Ideal venue for meetings at The Secret Con Dao

Meetings and industry tourism has experienced rapid growth, providing an excellent chance to combine relaxation with networking and investment opportunities.
Legal synchronisation can unlock agro-tourism potential

Legal synchronisation can unlock agro-tourism potential

Agricultural tourism is being blocked from thriving in Vietnam due to the inevitably loose legalities currently in play.
Vietnam's Top 10 international tourist markets

Vietnam's Top 10 international tourist markets

South Korea remains the largest international tourist market for Vietnam, while China has risen to second place after more than two months since reopening.
Difficulties on way out for Vietnam’s Visa policy

Difficulties on way out for Vietnam’s Visa policy

Changes in entry procedures and e-visa issuance, if approved, will improve the competitiveness of Vietnamese destinations.
Ideal venue for meetings at The Secret Con Dao

Ideal venue for meetings at The Secret Con Dao

Meetings and industry tourism has experienced rapid growth, providing an excellent chance to combine relaxation with networking and investment opportunities.
The future of tourism in Vietnam new visa policies and beyond

The future of tourism in Vietnam new visa policies and beyond

The approval of the new visa policies by the National Assembly is a positive step to boost tourism by attracting more foreign visitors and increasing their spending and satisfaction. However, these policies alone are not sufficient to ensure the sustainable development of the industry.
Vietnam's popular sour fish soup recognised among top ten by TasteAtlas

Vietnam's popular sour fish soup recognised among top ten by TasteAtlas

Sour fish soup (locally known as canh ca chua), a very popular dish in Vietnamese daily meals, has been recognised, for the first time, among the top 10 Best Rated Fish Soups in the world by TasteAtlas, the home of local food, traditional restaurants, and authentic recipes.
Danang hosts international Fireworks Festival

Danang hosts international Fireworks Festival

Danang International Fireworks Festival 2023 (DIFF 2023) is taking place from June 3 for a month, with the theme “Light up a borderless world”.
PMs of Australia and Vietnam promote the power of sport to change girls’ lives

PMs of Australia and Vietnam promote the power of sport to change girls’ lives

Prime Ministers of Australia and Vietnam Anthony Albanese and Pham Minh Chinh attended a girls’ football event on June 4.
Vietnam Sport Economy Summit 2023

Vietnam Sport Economy Summit 2023

The Vietnam Sport Economy Summit 2023, organised for the first time, creates an open forum for the sports economy and signals a change in mindset in the future of sports business in Vietnam.
Asian Tour Destinations welcomes pioneering BRG Da Nang Golf Resort

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.
Leon beat 'lucky' Los Angeles FC to take Champions League final lead

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.
PMs of Australia and Vietnam promote the power of sport to change girls’ lives

PMs of Australia and Vietnam promote the power of sport to change girls’ lives

Prime Ministers of Australia and Vietnam Anthony Albanese and Pham Minh Chinh attended a girls’ football event on June 4.
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

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.
Co To islands hold huge potential for tourism development

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.
VIR honours investors who help make Vietnam an FDI success story (photo)

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.
Amazing natural beauty of Son Tra Peninsula

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.
Vietnam's opens centre for digital transformation in the press Northern Vietnam lacking sufficient electrical power
Vietnam's opens centre for digital transformation in the press

Vietnam's opens centre for digital transformation in the press

Vietnam debuted a centre to support the press to effectively implement the digital transformation goals as stated in the Strategy on Digital Transformation of the Press by 2025.
Northern Vietnam lacking sufficient electrical power

Northern Vietnam lacking sufficient electrical power

The north of Vietnam is expected to see roughly two weeks of hot weather in June 2023, boosting the demand for electricity from the power grid.
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

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.
Underprivileged students supported in Ha Tinh and Nghe An

Underprivileged students supported in Ha Tinh and Nghe An

Almost 400 scholarships via Vietnam Investment Review were awarded to disadvantaged students to mark President Ho Chi Minh's 133rd birthday.
BASF Vietnam and Think Playgrounds launch seventh public playground in Ho Chi Minh City

BASF Vietnam and Think Playgrounds launch seventh public playground in Ho Chi Minh City

BASF Vietnam and Think Playgrounds have joined forces to inaugurate the seventh public playground in Binh Tan district.
CapitaLand Development distributes school essentials to 1,400 students

CapitaLand Development distributes school essentials to 1,400 students

CapitaLand Development (Vietnam) has distributed school essentials to about 1,400 students under the CapitaLand Hope School Programme.
Indonesia exports aircraft to Thailand Lao capital promotes electric vehicles Indian government protects aircraft fleets from unscrupulous lessors Singapore, US agree to enhance defence cooperation Thailand promotes food waste disposal initiatives Citi: Asia is a time machine to the future
Indonesia exports aircraft to Thailand

Indonesia exports aircraft to Thailand

The Indonesian state-owned aircraft manufacturer, Indonesian Aerospace also known as PT Dirgantara Indonesia (PTDI), has handed over one NC212i aircraft to Thailand at Hatyai international airport.
Lao capital promotes electric vehicles

Lao capital promotes electric vehicles

As fuel prices continue to rise, promoting electric vehicles (EVs) as well as installing charging stations in the capital Vientiane of Laos is considered a solution to reducing environmental pollution in the future.
Indian government protects aircraft fleets from unscrupulous lessors

Indian government protects aircraft fleets from unscrupulous lessors

Amidst the post-pandemic recovery of the aviation industry, many airlines around the world are heading into turbulent times caused by unscrupulous lessors.
Singapore, US agree to enhance defence cooperation

Singapore, US agree to enhance defence cooperation

Singapore’s Defence Minister Ng Eng Hen had a meeting with his US counterpart Lloyd Austin at the Shangri-La Singapore hotel on June 2, during which the two sides affirmed their commitment to continue seeking opportunities to promote bilateral defence cooperation.
Thailand promotes food waste disposal initiatives

Thailand promotes food waste disposal initiatives

The Thai Organic Consumer Association (TOCA) is working with hotels in Phuket to initiate a food waste composting system, which is in line with the government’s Bio-Circular-Green Economic Model (BCG), in an effort to reduce increasing food waste in the context of tourism recovery in Thailand.
Citi: Asia is a time machine to the future

Citi: Asia is a time machine to the future

Citi has explored how Asia acts as a time machine that can transport other regions into a new world of commerce, entertainment, and healthcare.