Ambitions escalate for fintech sandbox

Ambitions escalate for fintech sandbox

The freshly-minted legal framework for sandboxes in Vietnamese fintech is expected to grease the wheels for tech-savvy, innovative financial services.
EGATi has yet to get Thai government approval for Quang Tri 1 thermal power plant

EGATi has yet to get Thai government approval for Quang Tri 1 thermal power plant

The Thai government has yet to license EGATi, the investor of Quang Tri 1 thermal power plant, to invest overseas, making construction plans uncertain.
JAKS joins forces with Vietnamese partner to develop 1,500MW LNG power project

JAKS joins forces with Vietnamese partner to develop 1,500MW LNG power project

JAKS Resources from Malaysia and T&T Group JSC will explore possibilities to co-develop the 1,500MW Quang Ninh 2 LNG-to-power project in Quang Ninh.
Vietnam’s car sales have fallen to its lowest level since 2015

Vietnam’s car sales have fallen to its lowest level since 2015

The Vietnam Automobile Manufacturers’ Association (VAMA) announced a significant slump in overall August sales, which is the deepest decline since 2015.
Over 60 per cent of US businesses will not consider shifting production out of Vietnam

Over 60 per cent of US businesses will not consider shifting production out of Vietnam

A survey by AmCham Vietnam revealed that while many US companies have been affected by COVID-19, the majority do not want to shift production out of Vietnam.
Ho Chi Minh City plans to reopen economy after September 15

Ho Chi Minh City plans to reopen economy after September 15

Ho Chi Minh City plans to return to a "new normal" with a roadmap of reopening and recovering in three phases from September 16 to January 15, 2022.
$6.7 billion in wind power investment in Vietnam at risk without COVID-19 relief

$6.7 billion in wind power investment in Vietnam at risk without COVID-19 relief

The global wind industry is calling on the Vietnamese government to postpone the FiT deadline for wind projects by six months as a COVID-19 relief measure.
European firms confident in Vietnam’s pandemic control

European firms confident in Vietnam’s pandemic control

European firms still showed strong confidence in Vietnam's ability to control the pandemic and for the Southeast Asian economy to pull off a strong recovery in a near future, heard an online conference organised by the European Chamber of Commerce (EuroCham) in Vietnam on September 9.
EU businesses seek to solve COVID-19 challenges

EU businesses seek to solve COVID-19 challenges

The EuroCham attended a high-level meeting with the PM, government ministers, and the European diplomatic corps to discuss the ongoing challenges of COVID-19.
Sticking points impeding rice trade

Sticking points impeding rice trade

Although the Vietnamese rice industry has set itself an ambitious export target for 2021, domestic rice farmers and suppliers remain cautious amid the ongoing health crisis and complications in international trade.
Foreign e-commerce platforms surpass local rivals in e-commerce ranking

Foreign e-commerce platforms surpass local rivals in e-commerce ranking

The ranking of e-commerce businesses in Vietnam is changing during the pademic with Shopee taking the lead, followed by Lazada, Tiki, and Sendo.
Leather and footwear exports continue falling in August

Leather and footwear exports continue falling in August

In August, leather and footwear exports saw another consecutive drop since June, resulting from enterprises' difficulties amid the COVID-19 pandemic.
Container cost chaos adds to baulking domestic limitations

Container cost chaos adds to baulking domestic limitations

The container crisis is causing headaches among exporters who are trying to ensure their delivery schedules in the year-end shopping season. However, the global demand vastly outruns supply, with plans of local steelmakers to support the market with more empty containers representing merely a feeble silver lining.
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