new strategies essential for nations energy saving goals

New strategies essential for nation’s energy-saving goals

Sparked by Vietnam’s rapid development in the last few decades, the hunger for electricity has been rising continuously. To tackle the situation, industry insiders and scientists advise caution to prevent power shortages and promote the idea of energy efficiency not only among citizens but also industries and government agencies
cavalcade of revisions to stimulate business

Cavalcade of revisions to stimulate business

After a 2020 full of drastic changes by the pandemic, and shifts in global supply chains, the Ministry of Planning and Investment’s carefully crafted laws on some business and investment aspects may come at the right time to enable Vietnam’s domestic and foreign-invested enterprises to rebound and grow even stronger.
building on economic resilience for the future

Building on economic resilience for the future

Since the beginning of its reform in the late 1980s, Vietnam has achieved extraordinary results in its economic development. However, as complications arose and some administrative procedures are deemed suboptimal, the new economic restructuring plan for the next five years is highly anticipated by government officials, business leaders, and other stakeholders.
flexibility necessary for airlines to prosper

Flexibility necessary for airlines to prosper

Among the 124 enterprises honoured throughout the Vietnam Value Programme this year, Vietnam Airlines is the only company offering air transport services. Despite the grinding health crisis and its economic implications, the national carrier succeeded in convincing the programme’s jury and met its strict criteria for quality, innovation, and creativity.
continuous allure of south korean funds

Continuous allure of South Korean funds

While most investors in the world are still focusing on the pandemic and its impact on global markets, South Koreans in Vietnam have other issues to worry about as they are preparing to tackle one of the biggest business challenges: choosing the right location to invest in.
habeco displaying resilience in 2020

Habeco displaying resilience in 2020

After being honoured within the Vietnam Value Programme for the fifth consecutive time, Hanoi Beer, Alcohol, and Beverage JSC has undergone an in-depth review process based on the programme’s rigorous criteria to represent not only its corporate image but also the country with high-quality products and services, both in domestic and international markets.
creating prosperity through strengthening of logistics

Creating prosperity through strengthening of logistics

Since launching doi moi  over three decades ago, Vietnam has positioned itself as one of the top exporters for many goods, with logistics playing a vital role in the process. However, in recent years, the country’s logistical infrastructure has lost some of its momentum, threatening to reduce the nation’s competitiveness on the global stage despite new free trade agreements.
vnpay banking on e payment strategy

VNPay banking on e-payment strategy

Although most everyday payments are still carried out with paper money in Vietnam, electronic and cashless solutions are on a stellar rise, with companies like electronic payment pioneer Vietnam Payment Solution JSC (VNPay) offering options that are unrivalled in convenience and speed. For the establishment of such future-ready services, VNPay has been recognised in the Vietnam Value Programme.
empowering women at top of nestle vietnam agenda

Empowering women at top of Nestlé Vietnam agenda

By winning two of the six categories at last week’s national Women’s Empowerment Principles Awards, Nestlé Vietnam has confirmed its leading role in the national endeavour to battle gender bias. Truong Bich Dao, HR director at Nestlé Vietnam, discussed with Van Nguyen the company’s mission in empowering female workers.
lessons utilised in shaping the countrys socioeconomic strategy

Lessons utilised in shaping the country’s socioeconomic strategy

Economic advisors have praised the outlined goals of a new socioeconomic development plan for the next decade and are offering recommendations before it is submitted to the government.
high calibre names lining up for the vietnam value programme

High-calibre names lining up for the Vietnam Value Programme

Vietnam is eager to foster the promotion of domestic businesses and their products and as such, honours chosen applicants every two years, thereby encouraging the establishment of high-quality standards in product design and execution.
getting to grips with digital change

Getting to grips with digital change

Human resources and an appropriate legal framework are seen as the backbone of the digital transformation, yet both remain limited. VIR’s Van Nguyen discussed with PwC Vietnam’s general director Dinh Thi Quynh Van possible solutions that could be implemented sooner rather than later.
trade promotion events countering pandemic effects

Trade promotion events countering pandemic effects

As the lasting international health crisis has disturbed international trade to some extent, domestic producers, particularly those of agricultural goods, are now looking forward to the trade promotion activities of Vietnam’s Ministry of Industry and Trade in cooperation with local departments.
monetary policies narrow after rate dip

Monetary policies narrow after rate dip

As interest rates have fallen dramatically during the first 10 months of the year, the State Bank of Vietnam’s leeway for monetary policy has been squeezed to a great extent, with likely solutions possible to foster growth of the public and private sectors while focusing on industries and services with highest development priority. 
heineken vietnam hit with anti competitive accusations

HEINEKEN Vietnam hit with anti-competitive accusations

As beer is one of the most-consumed alcoholic beverages in Vietnam, local and foreign beermakers and their distributors are fiercely competing to dominate the market.