Remittances steady as lenders apply fresh transfer services

Remittances steady as lenders apply fresh transfer services

Remittance flows from Vietnamese expatriates working abroad are predicted to remain resilient throughout the rest of the year, with the country’s central bank keeping its policy steady for now.
Lack of novelty may hinder IPO ambitions

Lack of novelty may hinder IPO ambitions

Vietnamese e-commerce holding company Society Pass has announced its intention to raise millions of US dollars from an initial public offering in the United States – but it remains unclear how a company with little success can achieve this goal ahead of e-commerce’s big hitters.
Changes to break e-commerce stride

Changes to break e-commerce stride

Operators in e-commerce are at odds over the impact of a new governmental decree, which could render the booming e-commerce market more challenging for local and foreign participants alike.
Inconsistencies deter power plan feasibility

Inconsistencies deter power plan feasibility

The Ministry of Planning and Investment has pointed out a series of limitations within the newest draft of the National Power Development Plan VII, asking the Ministry of Industry and Trade to supplement missing content and adjust existing calculations.
FDI flow on right path

FDI flow on right path

Despite being hurt by the pandemic, Vietnam is still one of the few regional silver linings when it comes to maintaining the confidence of overseas investors.
Curbs fail to faze South Korean M&A

Curbs fail to faze South Korean M&A

Despite a general slowdown in foreign direct investment stemming from South Korea during the pandemic, investors from the country are nevertheless continuing their acquisition spree in Vietnam, with millions of US dollars being spent snapping up local groups.
Gigantic lifeline en route for essential businesses

Gigantic lifeline en route for essential businesses

In a bid to help the country recover after the economy grew at a very low level in the third quarter, a huge financial support package is to be offered to enterprises whose performance is a backbone of economic growth.
President: Containing pandemic a prerequisite for economic recovery

President: Containing pandemic a prerequisite for economic recovery

Bringing the COVID-19 pandemic under control is a prerequisite to recover socio-economic activities, President Nguyen Xuan Phuc said on October 12.
SME resilience in APEC with the pandemic and building a sustainable future

SME resilience in APEC with the pandemic and building a sustainable future

Promoting the inclusive development of sustainable, resilient, digitally-enabled, and innovative MSMEs in the APEC is central to navigating COVID-19 recovery.
Taiwan's leading chip maker Nanya Technology expresses concerns over chip shortage

Taiwan's leading chip maker Nanya Technology expresses concerns over chip shortage

Taiwanese DRAM chip maker Nanya Technology has expressed concerns that lockdowns in Souhtheast Asia and Chinese power outrages could lead to a chip shortage.
Wood manufacturers beef up capacity to fulfil orders for year-end shopping season

Wood manufacturers beef up capacity to fulfil orders for year-end shopping season

Vietnamese wood businesses are ramping up production to meet increasing orders from international buyers during the year-end shopping season.
THACO to open two Emart supermarkets next year

THACO to open two Emart supermarkets next year

After acquiring the Emart hypermarket system, Truong Hai Auto Corporation (THACO) is planning to open two more Emart outlets in Ho Chi Minh City next year.
68.1 per cent of textile and footwear businesses hit with fines for late delivery

68.1 per cent of textile and footwear businesses hit with fines for late delivery

A large number of textile and footwear enterprises have been fined for late deliveries in 2021 and had new orders for 2022 suspended or reduced in quantity.
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