Vietnam’s textile sector brings in $37 billion in FDI

Vietnam’s textile sector brings in $37 billion in FDI

$37 billion in foreign capital has been injected into Vietnam’s textile and garment sector.
Vietnam's vehicle sales down 11 per cent in first four months

Vietnam's vehicle sales down 11 per cent in first four months

Recorded sales of vehicles were down 11 per cent on-year in the first four months of 2024.
Vietnam welcomes US Commerce Department’s consideration of market economy's status for Vietnam: spokesperson

Vietnam welcomes US Commerce Department’s consideration of market economy's status for Vietnam: spokesperson

Foreign Ministry spokesperson Pham Thu Hang on May 9 said that Vietnam welcomes the US Commerce Department’s consideration of upgrading Vietnam to 'market economy' status.
Businesses struggle with data management Vietnam's vehicle sales down 11 per cent in first four months
Businesses struggle with data management

Businesses struggle with data management

Companies are grappling with how to effectively manage data.
Vietnam's vehicle sales down 11 per cent in first four months

Vietnam's vehicle sales down 11 per cent in first four months

Recorded sales of vehicles were down 11 per cent on-year in the first four months of 2024.
Nghi Son Refinery and Petrochemical remains committed to safety and stability

Nghi Son Refinery and Petrochemical remains committed to safety and stability

Nghi Son Refinery and Petrochemical is at optimal production and business efficiency, according to general director of the refinery So Hasegawa.
Intel Products Vietnam opens new care centre

Intel Products Vietnam opens new care centre

Intel Products Vietnam opened its entertainment and physical care centre at the Saigon Hi-Tech Park on May 9.
Ho Chi Minh City needs nearly $35 billion for 10 metro lines Vietnam’s textile sector brings in $37 billion in FDI
Ho Chi Minh City needs nearly $35 billion for 10 metro lines

Ho Chi Minh City needs nearly $35 billion for 10 metro lines

Ho Chi Minh City plans to build 10 metro lines by 2060.
Vietnam’s textile sector brings in $37 billion in FDI

Vietnam’s textile sector brings in $37 billion in FDI

$37 billion in foreign capital has been injected into Vietnam’s textile and garment sector.
Masan Group and SK plan gradual stake sale over two years

Masan Group and SK plan gradual stake sale over two years

Masan Group and SK Group have outlined a phased divestment strategy over the next 24 months.
VinFast to debut in the Philippines market

VinFast to debut in the Philippines market

VinFast will officially enter the Philippines electric vehicle market this month.
Low-code: a powerful enabler for the digital transformation FTA quality improvement promotes exports: Experts
Low-code: a powerful enabler for the digital transformation

Low-code: a powerful enabler for the digital transformation

The low-code development platform is emerging as a powerful enabler for digital transformation. Nguyen Ngoc Hoang, director and digital innovation lead at KPMG in Vietnam, explains how it empowers business users to quickly create and adapt applications without the need for specialised programming knowledge and experience.
FTA quality improvement promotes exports: Experts

FTA quality improvement promotes exports: Experts

Enhancing the quality of the 16 free trade agreements (FTA) that Vietnam has signed with partners will be a helpful measure to aid domestic firms in facilitating exports in the coming time, according to experts.
Low-code: a powerful enabler for the digital transformation

Low-code: a powerful enabler for the digital transformation

The low-code development platform is emerging as a powerful enabler for digital transformation. Nguyen Ngoc Hoang, director and digital innovation lead at KPMG in Vietnam, explains how it empowers business users to quickly create and adapt applications without the need for specialised programming knowledge and experience.
What Vietnamese businesses can expect from the EU's CSRD

What Vietnamese businesses can expect from the EU's CSRD

PwC experts reveal what Vietnamese businesses can expect from the EU's new Corporate Sustainability Reporting Directive.
Exciting automotive industry changes must be followed

Exciting automotive industry changes must be followed

The automotive and mobility industry is rapidly changing, driven by technological development and evolving consumer preferences. These transformations have given rise to a new era of innovation, where the boundaries of what is possible are being pushed to new heights.
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.
New PDP8 implementation plan brings investment opportunities

New PDP8 implementation plan brings investment opportunities

The implementation of Vietnam's Power Development Plan VIII will help build strategic objectives and ensure national energy security.
Nghi Son Refinery and Petrochemical remains committed to safety and stability

Nghi Son Refinery and Petrochemical remains committed to safety and stability

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

Suntory PepsiCo breaks ground on its largest Asia-Pacific plant in Vietnam

Suntory PepsiCo breaks ground on its largest Asia-Pacific plant in Vietnam

Nam Long Group gears up to capture market

Nam Long Group gears up to capture market

Innovation for future communities

Innovation for future communities

Official development assistance can act as the playing field for nations. Vietnam is no exception, having benefited from such assistance over the years in the building of many structures and systems up and down the country.
SABECO: 2023 journey of community development

SABECO: 2023 journey of community development

By continuously supporting the younger generation to develop its talents, and spending large sums on activities for its staff, SABECO is showing its relentless sustainable development efforts and making positive contributions to the community.
Fuelling Vietnam's enterprises with 5G

Fuelling Vietnam's enterprises with 5G

One of the first Southeast Asian nations to pilot 5G networks, Vietnam is now setting up the path to become home to one of the region’s first 5G-powered smart factories.
Igniting creativity: inside Sun Life Vietnam's innovative workspaces

Igniting creativity: inside Sun Life Vietnam's innovative workspaces

In its mission alongside embracing cultural and artistic expressions, Sun Life Vietnam pays special attention to cultivating creative workspaces to enhance the experiences of its staff, advisor and clients.
SABECO's taste for innovation takes the local brand to the world

SABECO's taste for innovation takes the local brand to the world

SABECO's never-ending attempts to win new customers in an ever-changing economic and cultural environment has resulted in the company winning several prestigious awards at the World Beer Championship.
Vietnam remains focused on EVs for sustainable growth Japan invests in biomass power plant in Yen Bai Wide participation can boost nation’s energy transition ESG poses challenges for Vietnamese businesses in global trade expansion Commerce chamber advocates power purchasing agreement, bypassing state utility EVN Vietnam to strengthen carbon credit management
Vietnam remains focused on EVs for sustainable growth

Vietnam remains focused on EVs for sustainable growth

A recent HSBC report indicates Vietnam is prioritising EVs as a key driver of sustainable economic growth.
Japan invests in biomass power plant in Yen Bai

Japan invests in biomass power plant in Yen Bai

The $120 million biomass power plant will be built at Bac Van Yen Industrial Cluster.
Wide participation can boost nation’s energy transition

Wide participation can boost nation’s energy transition

Vietnam is pushing ahead with the energy transition by involving synchronous solutions and joint contributions of society.
ESG poses challenges for Vietnamese businesses in global trade expansion

ESG poses challenges for Vietnamese businesses in global trade expansion

A Reuters survey has found that 88 per cent of global businesses require annual environmental, social, and governance data from suppliers.
Commerce chamber advocates power purchasing agreement, bypassing state utility EVN

Commerce chamber advocates power purchasing agreement, bypassing state utility EVN

The Vietnam Chamber of Commerce and Industry has recommended allowing all businesses and individuals to purchase renewable energy directly.
Vietnam to strengthen carbon credit management

Vietnam to strengthen carbon credit management

Prime Minister Pham Minh Chinh has urged ministries to work with relevant agencies to develop Vietnam's carbon credit infrastructure.
Keppel corporates with FiCO Pan-United and Coteccons to explore sustainable concrete solutions Soilbuild extends horizons into Vietnam’s industrial real estate
Keppel corporates with FiCO Pan-United and Coteccons to explore sustainable concrete solutions

Keppel corporates with FiCO Pan-United and Coteccons to explore sustainable concrete solutions

Keppel Ltd., FiCO Pan-United Concrete JSC, and Coteccons Construction JSC signed a MoU on May 11 to explore the use of sustainable concrete in Vietnam.
Soilbuild extends horizons into Vietnam’s industrial real estate

Soilbuild extends horizons into Vietnam’s industrial real estate

Singapore's Soilbuild Group Holdings has broadened its investment in industrial real estate.
Keppel corporates with FiCO Pan-United and Coteccons to explore sustainable concrete solutions

Keppel corporates with FiCO Pan-United and Coteccons to explore sustainable concrete solutions

Keppel Ltd., FiCO Pan-United Concrete JSC, and Coteccons Construction JSC signed a MoU on May 11 to explore the use of sustainable concrete in Vietnam.
Saigon VRG named among top 10 prestigious industrial real estate investors

Saigon VRG named among top 10 prestigious industrial real estate investors

According to Vietnam Assessment Report JSC, Saigon VRG Investment Corporation is among the top 10 most prestigious industrial real estate investors in Vietnam.
Government urged to narrow domestic, global gold price gap TTC AgriS secures an additional $80 million
Government urged to narrow domestic, global gold price gap

Government urged to narrow domestic, global gold price gap

Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.
TTC AgriS secures an additional $80 million

TTC AgriS secures an additional $80 million

TTC AgriS has successfully mobilised $80 million, bringing the amount of overseas capital mobilised to $220 million in less than a year.
Shinhan Life empowers young generation with career programme

Shinhan Life empowers young generation with career programme

Shinhan Life Vietnam has launched a career programme for school students.
Pivotal time for makeup of Vietnamese insurance

Pivotal time for makeup of Vietnamese insurance

After a decade of consistent growth, Vietnam’s insurance industry is now undergoing a period of adjustment. The total insurance premium in 2023 fell by 8.4 per cent to $9.5 billion, with the life insurance sector experiencing the most significant on-year decline at 12.5 per cent.
Garmin Vietnam announces expansion of payment service

Garmin Vietnam announces expansion of payment service

Garmin Vietnam announced an expansion of its contactless payment service through its collaboration with five major banks on April 1.
CARE and Mastercard to launch Strive Women in Vietnam

CARE and Mastercard to launch Strive Women in Vietnam

New programme will focus on women-led micro and small businesses as it aims to reach two million entrepreneurs in key regions of Vietnam over four years.
Foreign tourist arrivals up 68.3 pc in first 4 months

Foreign tourist arrivals up 68.3 pc in first 4 months

Facilitative visa policies and attractive tourism stimulus programmes have proven effective in attracting a high number of international visitors to Vietnam compared to the same period last year.
Logistics in the historic Dien Bien Phu Campaign

Logistics in the historic Dien Bien Phu Campaign

Having identified the strategic resolve to advance and annihilate the enemy at Dien Bien Phu, a major concern of the Party Central Committee was the provision of food and ammunition and ensuring logistical routes remained open for the tens of thousands of frontline troops fighting in rear areas for a long period of time.
Mysterious 'floating' lake discovered in Quang Binh

Mysterious 'floating' lake discovered in Quang Binh

A mysterious lake has been discovered in Thung Cave within the World’s Natural Heritage Phong Nha-Ke Bang National Park, in the central province of Quang Binh.
Hue Festival 2024 to take place from June 7-12

Hue Festival 2024 to take place from June 7-12

The Hue Festival and Hue International Arts Festival 2024 will take place from June 7-12 at major tourist attractions in the central province of Thua Thien-Hue.
Muong Thanh Group sets record for largest simultaneous Thai Xoe dance performances

Muong Thanh Group sets record for largest simultaneous Thai Xoe dance performances

The 'Simultaneous Thai Xoe Dance - Muong Thanh Circle' held by Muong Thanh Group encapsulated the victorious spirit of the battle of Dien Bien Phu.
Travel for the future

Travel for the future

Greening tourism and prioritising sustainable experiences is helping to preserve the environment and tourist resources for the next generation.
Explore the essence of Hoi An with Renaissance Hoi An Resort & Spa

Explore the essence of Hoi An with Renaissance Hoi An Resort & Spa

Let Renaissance Hoi An Resort & Spa paint the perfect picture for your getaway with an array of attractive offers that you won't want to miss.
The green and digital transition wings for the tourism industry

The green and digital transition wings for the tourism industry

Vu The Binh, chairman of the Vietnam Tourism Association, speaks with VIR’s Ho Ha about the role of the green and digital transition.
Dong Thap elevating value through lotus products

Dong Thap elevating value through lotus products

Dong Thap’s lotus has increasingly become a symbol of distinct economic value through festivals and enterprise successes.
Muong Thanh Group sets record for largest simultaneous Thai Xoe dance performances

Muong Thanh Group sets record for largest simultaneous Thai Xoe dance performances

The 'Simultaneous Thai Xoe Dance - Muong Thanh Circle' held by Muong Thanh Group encapsulated the victorious spirit of the battle of Dien Bien Phu.
Vietnamese powerlifter wins World Cup golds in Thailand

Vietnamese powerlifter wins World Cup golds in Thailand

World record holder Le Van Cong won two gold medals at the World Para Powerlifting Organisation's Pattaya World Cup 2024 in Thailand.
Bia Saigon and VietFootball kick off Seven-A-Side National Championship 2024

Bia Saigon and VietFootball kick off Seven-A-Side National Championship 2024

The Bia Saigon Seven-A-Side National Championship, or Bia Saigon Cup 2024, kicked off on May 8.
Vietnam cueist wins Scottish Open Pool 9-ball Championship 2024

Vietnam cueist wins Scottish Open Pool 9-ball Championship 2024

Vietnamese cueist Duong Quoc Hoang has won the Scottish Open Pool 9-ball Championship 2024 in Scotland, the UK.
Tennis legend Roger Federer visits Hoi An city

Tennis legend Roger Federer visits Hoi An city

Swiss famous tennis player Roger Federer unintentionally made an appearance in front of Vietnamese fans when he decided to come to Hoi An city on April 29.
Military parade celebrates 70th anniversary of Dien Bien Phu victory

Military parade celebrates 70th anniversary of Dien Bien Phu victory

A military parade took place on May 7 to celebrate the 70th anniversary of the historic victory of the battle of Dien Bien Phu.
Metro line 1 nears operation

Metro line 1 nears operation

The first metro line in Ho Chi Minh City, linking Ben Thanh Market in District 1 to Suoi Tien in Thu Duc, could be in operation by the end of the year.
Cai Mep - Thi Vai Port affirms Vietnam’s maritime position

Cai Mep - Thi Vai Port affirms Vietnam’s maritime position

The Cai Mep - Thi Vai International Port in Ba Ria-Vung Tau province plays a crucial role as a gateway connecting maritime trade routes among southern provinces of Vietnam. It also serves as a major international transshipment port, significantly reducing the transportation time between Vietnam and other countries.
Green transportation towards sustainable urban development

Green transportation towards sustainable urban development

Green transportation is not just a trend but also a pressing task in building a sustainable future for urban areas in Vietnam, especially major cities like the capital Hanoi.
Hoi An: A captivating heritage city

Hoi An: A captivating heritage city

Hoi An, an enchanting world heritage site, has consistently been hailed as one of the most alluring and romantic ancient towns in the world. It serves as a remarkable exemplar of traditional urban areas and coastal trading ports in the East Asian region.
Polish authorities to support traders hit by shopping complex blaze Philippine sailor in distress rescued
Polish authorities to support traders hit by shopping complex blaze

Polish authorities to support traders hit by shopping complex blaze

The administration of Warsaw will convene meetings to discuss support for the traders whose stores were destroyed in a shopping centre blaze in the capital city of Poland on early May 12.
Philippine sailor in distress rescued

Philippine sailor in distress rescued

A Philippine sailor in distress in waters off the coast of the southern province of Ba Ria-Vung Tau was rescued at night on May 11.
Swing for the Kids 2023 breaks fundraising records

Swing for the Kids 2023 breaks fundraising records

The 16th Swing for the Kids charity golf event raised $126,600 through domestic and foreign donors, the biggest amount for the event ever.
Swing for the Kids charity event supported by dozens of sponsors

Swing for the Kids charity event supported by dozens of sponsors

In addition to long-term sponsors, the 16th annual Swing for the Kids received new support from the likes of Coninco, Gelex, Vinamika, Seven Stars, and more.
Nui Phao Mining spreads sustainable values to the community

Nui Phao Mining spreads sustainable values to the community

Hundreds of families have seen positive changes to their lives thanks to a recovery fund established by Nui Phao Mining in Thai Nguyen province.
CARE brings school kitchens to rural areas

CARE brings school kitchens to rural areas

CARE's Advancing Women's Economic Empowerment in Vietnam project sets up kitchens in kindergartens to relieve some of the burden faced by parents.
Malaysia, RoK renews currency swap deal Laos urges consumers to conserve electricity Indonesia flood death toll rises to 41 Thailand faces credit card default risks Singapore urges better stem cell bank supervision Singapore Airlines switches to sustainable aviation fuel use
Malaysia, RoK renews currency swap deal

Malaysia, RoK renews currency swap deal

The Central Bank of Malaysia (BNM) announced that it has signed an agreement with its counterpart from the Republic of Korea (RoK) to extend a bilateral swap arrangement by another three years.
Laos urges consumers to conserve electricity

Laos urges consumers to conserve electricity

The prolonged heat and drought, and low rainfall have caused reservoirs and dams in Laos to run dry, and hydropower plants unable to operate or reduce their generation capacity.
Indonesia flood death toll rises to 41

Indonesia flood death toll rises to 41

The number of people killed by flash floods and cold lava flow from a volcano in western Indonesia over the weekend has risen to 41 with 17 more missing, West Sumatra disaster mitigation agency reported on May 13.
Thailand faces credit card default risks

Thailand faces credit card default risks

The risk of default on credit card loans rose significantly in the first quarter this year in Thailand, driven by the Bank of Thailand (BoT)'s mandate for a higher minimum payment rate.
Singapore urges better stem cell bank supervision

Singapore urges better stem cell bank supervision

Singapore has asked Cordlife, one of Asia's largest stem cell bank providers, to tighten supervision of its processes after improper handling ruined thousands of samples, an official has said.
Singapore Airlines switches to sustainable aviation fuel use

Singapore Airlines switches to sustainable aviation fuel use

Singapore Airlines has ordered 1,000 tonnes of sustainable aviation fuel (SAF) from refiner Neste, which is the airlines’s first purchase of low-carbon jet fuel from the Finland-based refinery.