asean firms bullish on outlook amid trade tension risk

ASEAN firms bullish on outlook amid trade tension risk

ASEAN firms are mostly bullish on trade outlook in the world, with many pivoting investment into supply chain technology to turn global trade tensions from a headwind into a tailwind, according to a global HSBC report.
overseas financiers outline obstacles

Overseas financiers outline obstacles

With the voice of foreign ­investors gaining more weight in the crafting of Vietnam’s ­Securities Law, efforts to ­facilitate further growth of its capital market are taking place with a review of the ­implementation of non-voting depository receipts.
bidv proposes shareholders to approve stake sale to keb hana

BIDV proposes shareholders to approve stake sale to KEB Hana

Hanoi-based BIDV has proposed its shareholders to approve the private placement of more than 600 million shares to Korean-backed KEB Hana, ending negotiations that lasted for two long years.
altus capital funded to invest in distressed southeast asian companies

Altus Capital funded to invest in distressed Southeast Asian companies

Altus Special Situations Asia 1 LP, an investment platform of Altus Capital Corporation, will receive $65 million from IFC and its subsidiaries to set up a regional facility to invest in distressed companies across Southeast Asia, including Vietnam.
cmc telecom set sights on world beyond asean

CMC Telecom set sights on world beyond ASEAN

Vietnam’s CMC Telecom desires to take its brand to the world, leveraging the numerous global industry recognitions and certifications it has scored and its determination to deliver world-class products and services.
citi offers virtual card accounts

Citi offers virtual card accounts

Citi now offers its corporate clients the innovative commercial cards in Vietnam, including Business-to-Business (B2B) solutions and Virtual Card Accounts (VCA) for payables, as well as travel solutions such as corporate cards for travel and entertainment purposes.  
studying in new zealand teaches foreign students independence

Studying in New Zealand teaches foreign students independence

More Vietnamese students are opting for New Zealand for their international education as living and studying there would not simply offer world-class qualifications but also makes them global citizens with practical skills.
mnc blocks being built

MNC blocks being built

Some 20 per cent of local suppliers have been found to be competitive in meeting foreign-invested and multinational corporation supplier requirements, and set the example for other companies to strive to meet the threshold of the elite list of suppliers.
green banking aims push forward

Green banking aims push forward

In response to climate change, and to rigorously fulfil its role in promoting the nation’s economic development goals through credit lending activities, the local banking sector is required to take up green and sustainable banking practices in a more serious manner.
first 35mw solar power plant in vietnam goes online

First 35MW solar power plant in Vietnam goes online

The first 35MW TTC Phong Dien Solar Plant has been put into operation in Vietnam, adding to the trend of renewable energy production and consumption across the nation.
success built upon a shared vision

Success built upon a shared vision

Selecting a partner for life is never easy, which is doubly true when it comes to choosing a strategic foreign partner. Vietnam-based telecommunication service provider CMC Telecom seems to have found the right one. CMC Telecom’s Deputy CEO Dang Tung Son told VIR’s Trang Nguyen about the company’s fruitful relationship with TIME dotCom Bhd. based on their matching vision, mission, and strategy.
deducting online advertising expenses a tough nut to crack

Deducting online advertising expenses: a tough nut to crack

While businesses in Vietnam find it convenient and effective to advertise through social networks, it is getting difficult to prove that this kind of marketing is eligible for tax deductions.
cities must go cashless to go smart

Cities must go cashless to go smart

Vietnam is driving its cities towards being smarter and going cashless with the aid of digital payments that will play a key role in the transformation of these cities, benefitting individuals, businesses, and the economy as a whole. Trang Nguyen reports.
capital market in need of fie boost

Capital market in need of FIE boost

Raising long-term capital is vital for the sustainable development of the local economy in the future, and rather than relying entirely on locally sourced capital, Vietnam should look to capitalise on foreign resources to rectify the issue of thin capitalisation and enrich its capital market by improving market access to foreign investors and allowing foreign-invested companies to be listed on the local bourses. Trang Nguyen reports.
tips from a veteran buyer seller and advisor

Tips from a veteran buyer, seller, and advisor

Sealing a mergers and acquisitions (M&A) deal requires more than just the efforts from the seller and the buyer. The participation of an M&A consultant gives a fair push towards the success of any M&A transaction, and this especially holds true for those in the field of real estate that often involve complicated matters. Michael Piro, chief operating officer at Indochina Capital, gave Trang Nguyen an insight into what it takes for M&A deals in real estate to thrive, from the perspective of a firm which has been both the advisor and the investor.