ensuring the new pdp meets power source criteria

Ensuring the new PDP meets power source criteria

The Ministry of Industry and Trade was allotted 10 years to reinterpret solar data in the Power Development Plan VIII, yet delays continue to plague it. Van Nguyen of VIR sat down with Dr. Ngo Duc Lam, former deputy director of the Institute of Energy, about the current situation.
lg to invest additional 4 billion in vietnam

LG to invest additional $4 billion in Vietnam

LG Corporation will invest an additional $4 billion in Vietnam and plans to make the nation its production hub for smartphone camera products.
lotte opens fourth duty free in danang

Lotte opens fourth duty-free in Danang

South Korea's leading travel retail group Lotte Duty Free has opened a duty-free store in the centre of Danang.
omnichannel boosts local retail sector

Omnichannel boosts local retail sector

The omnichannel retail model, which integrates all existing shopping platforms, has helped the retail sector outperform many others to become the one with the fastest recovery rate post-pandemic.
asian retail giants seize on expansion

Asian retail giants seize on expansion

Several major international groups are planning to expand operations in Vietnam in a wide range of sectors including retail, consumer goods, and foodstuffs.
president suggests lotte group increase investments in vietnam

President suggests Lotte Group increase investments in Vietnam

Lotte Chairman Shin Dong-bin informed President Phuc on a number of Lotte’s projects earmarked for Hanoi, including a shopping centre expected to attract some 10 million visitors annually.
consumer finance groups aspire to consolidate position

Consumer finance groups aspire to consolidate position

Foreign-backed consumer finance companies are diversifying their scope of activities to capture a larger and more lucrative market share in Vietnam.
cinema chains in vietnam file petition for midnight showings

Cinema chains in Vietnam file petition for midnight showings

Four of the biggest cinema chains in Vietnam, namely CGV, BHD Star, Galaxy, and Lotte, have petitioned the Prime Minister for permission to remain open past midnight.
lotte shifting its investment focus towards vietnam

Lotte shifting its investment focus towards Vietnam

South Korean conglomerate Lotte is shifting its investment focus towards Vietnam as part of its strategy to pull out of China.
squeeze in allotted credit room for commercial banks

Squeeze in allotted credit room for commercial banks

The rapid expansion of credit and lending activities in the first few months of this year have prompted commercial banks to run out of credit lines, which had been temporarily allotted by the State Bank of Vietnam at the start of the year.
retailers jostle for superiority

Retailers jostle for superiority

The boom of e-commerce in the rental market space in commercial centres has forced developers to assert their distinct identities.
business leaders meet to discuss the changing nature of finance

Business leaders meet to discuss the changing nature of finance

A conference was held on April 6 at Lotte Hotel, Saigon to discuss the transformation journeys of organisations, the need to be more forward-thinking, and how to focus on value-added activities to remain relevant in a changing world.
foreign retailers look to expand vn operations with diverse sales service offerings

Foreign retailers look to expand VN operations with diverse sales, service offerings

Foreign retail businesses are adopting a multi-channel sales strategy as well as improved operations and delivery services to expand Viet Nam operations despite pandemic impacts.
lotte data communication vietnam enables successful business transformation with aws

Lotte Data Communication Vietnam enables successful business transformation with AWS

With rich experience and advanced solutions, Lotte Data Communication Vietnam (LDCV) has been enabling businesses to succeed with their transformation on the back of Amazon Web Services (AWS). Moon Geun Jae, the company’s director of Cloud Division, talked to VIR’s Bich Thuy about the key to the successful transformation in the digital era.
media exhibition raises awareness on reducing plastic waste

Media exhibition raises awareness on reducing plastic waste

To further combat the vast amount of plastic waste that Vietnam is dealing with, a group of national and overseas organisations has launched a media exhibition as a crucial cornerstone of its combined communication campaign to raise awareness and move customers and businesses alike to reduce plastic waste and use eco-friendly alternatives.