vbsp offering support to those in need

VBSP offering support to those in need

An online conference held by the Vietnam Bank for Social Policies (VBSP) earlier this month reviewed last year's disbursement of policy credit following a governmental decree from January 2022 to provide extra support to people and businesses in need.
textiles and footwear industries face challenges

Textiles and footwear industries face challenges

Vietnamese textile and footwear businesses that participate in the supply chain are facing a slew of new possibilities and difficulties, according to industry insiders.
honda vietnam sees sharp falls in bike car sales

Honda Vietnam sees sharp falls in bike, car sales

Honda Vietnam reported sharp falls in motorcycle and automobile sales in January compared to the previous month.
the chance for real estate investment trusts to shine

The chance for real estate investment trusts to shine

The real estate investment trust model could help satisfy diversified needs and promise to open up a flexible and effective capital mobilising channel amid tighter control of credit and corporate bond issues.
eu backs telecom firms ad tech plan

EU backs telecom firms' ad-tech plan

The European Commission on Friday backed a plan for the continent's four biggest telecoms firms to move into the ad-tech industry dominated by Google and Facebook owner Meta.
google apple disappoint as tech earnings hit by gloom

Google, Apple disappoint as tech earnings hit by gloom

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech.
review of vietnams economy 2022 global local headwinds have just begun

Review of Vietnam’s economy 2022: Global & local headwinds have just begun

2022 was filled with geo-political turmoil which reversed the anticipated post-COVID recovery momentum across the globe. While an array of drastic measures have been taken by the Vietnamese government, the local economy is still predicted to suffer disturbances over the coming year, according to a report by Dream Incubator that was released this month.
more responsible operations to help expand textile chains

More responsible operations to help expand textile chains

Vietnam’s textile and apparel sector is aiming to climb up the value chain, but export and distribution networks remain fundamental flaws.
garment and footwear exports hit new peak at 71 billion

Garment and footwear exports hit new peak at $71 billion

Despite orders in the last quarter dropping sharply, garment and footwear production still reported its highest figures of $71 billion in export turnover in 2022.
modest bank growth projected this year

Modest bank growth projected this year

Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.
boe technology group plans to invest 400 million in vietnam

BOE Technology Group plans to invest $400 million in Vietnam

The Chinese display manufacturer BOE Technology Group Co., Ltd. – a supplier for both Apple and Samsung – has plans to build two factories with a total investment capital of $400 million in Vietnam, according to information published by Reuters.
green credit initiatives urged to push ahead development

Green credit initiatives urged to push ahead development

Given stringent domestic capital mobilisation, Vietnam’s banks are turning into international financial institutions for growth expansion, particularly to strengthen their sustainable and environmentally friendly loan portfolios.
responsible and sustainable direction giving wings to vietnamese tourism development

Responsible and sustainable direction giving wings to Vietnamese tourism development

A survey from Economist Impact on more than 4,500 travellers from nations including Australia, Japan, India, Thailand, and Vietnam found that around 72 per cent of participants agreed that the pandemic has changed their way of thinking about sustainable tourism. In which, 7/10 respondents said that sustainable tourism will become more important in the future development of the tourism industry.
herbalifes success premised on improving nutrition for a healthier future

Herbalife's success premised on improving nutrition for a healthier future

Together with its distributors, Herbalife provides personalised solutions to help customers achieve their nutrition and wellness goals, contributing to a stronger and healthier generation of Vietnamese. Stephen Conchie, Herbalife's regional president for Asia-Pacific and China, told VIR’s Hara Nguyen about the company's journey in Vietnam and the positive impacts that they are driving for people and the planet.
exporters urged to proactively deal with drop in orders

Exporters urged to proactively deal with drop in orders

A new HSBC report has underlined the choppy waters ahead for Vietnamese exports, encouraging industries in the country to plan ahead by eyeing up niche markets and taking on smaller orders to maintain production.