real estate grapples with new focus

Real estate grapples with new focus

Real estate insiders are predicting a strong end to 2023 in terms of recovery in various segments, and launches are already underway, but this will occur in tandem with government moves to adjust currently tight regulations on real estate lending.
mixed fortunes persist in fb arena

Mixed fortunes persist in F&B arena

The food and beverage sector has witnessed fluctuations as local businesses grapple with unprecedented challenges, despite the arrival of some foreign chains.
wistron injects additional 245 million into vietnam

Wistron injects additional $24.5 million into Vietnam

The Board of Directors at Wistron – an Apple partner – has recently greenlit a plan to inject an additional $24.5 million into its manufacturing site in Vietnam.
visa brings apple pay to vietnamese cardholders

Visa brings Apple Pay to Vietnamese cardholders

Visa, a world leader in digital payments, has brought its cardholders Apple Pay, a safer, more secure, and private way to pay that helps them avoid handing their payment card to someone else, touching physical buttons, or exchanging cash – and uses the power of iPhone to protect every transaction.
apple pay debuts in vietnam

Apple Pay debuts in Vietnam

Tech titan Apple has broadened its payment horizons, announcing the availability of Apple Pay in Vietnam. The service, which facilitates digital transactions across its iPhone, Apple Watch, iPad, and Mac devices, allows Vietnamese customers to streamline their everyday purchases, be it at brick-and-mortar stores or online.
fintech groups and banks linking up for new payment partnerships

Fintech groups and banks linking up for new payment partnerships

Vietnam’s payment fintech landscape is witnessing a surge in partnerships between foreign giants like Apple Pay and local banks, while local payment apps are teaming up with international firms, signalling promising growth prospects for the digital payment sector.
expansions ripe with south korean banks

Expansions ripe with South Korean banks

As South Korean banks grapple with intensifying domestic rivalry, they are strategically shifting their focus to Southeast Asia, particularly Vietnam, as an emergent arena for growth and expansion.
foreign tech giants contribute 166 million in taxes in h1

Foreign tech giants contribute $166 million in taxes in H1

The General Department of Taxation (GDT) in Vietnam has reported that prominent foreign tech companies, including Google, Apple, Facebook, Netflix, TikTok, made substantial tax contributions, amounting to around $166 million during the first half of 2023. This development comes as the tax authority intensifies efforts to streamline tax collection in the rapidly expanding e-commerce sector.
vietnam emerges as a prime destination for hps pc production diversification

Vietnam emerges as a prime destination for HP's PC production diversification

HP is collaborating with suppliers to shift laptop manufacturing operations to Thailand, Mexico, and Vietnam, signalling Vietnam's rising prominence as an attractive investment hub for computer manufacturers diversifying beyond China, according to Nikkei Asia.
apple pay set to launch in vietnam

Apple Pay set to launch in Vietnam

Apple Pay, the popular mobile payment service from the American tech giant, is soon to make its debut in Vietnam.
vietnam grapples with challenges in cashless payments

Vietnam grapples with challenges in cashless payments

The evolution of cashless payments in Vietnam came under the spotlight at a recent conference convened by the Institute for Digital Economy Strategy (IDS) in Ho Chi Minh City. The seminar aimed to analyse the existing legislative landscape, identify barriers to advancement, and propose potential regulatory enhancements to bolster cashless transactions.
construction and real estate grapple with insolvency

Construction and real estate grapple with insolvency

Although numerous plans have been issued in an attempt to revitalise the real estate market and various related construction schemes, policy complexities persist.
compal electronics arrives with 260 million investment in thai binh

Compal Electronics arrives with $260 million investment in Thai Binh

Renowned electronics manufacturer Compal Electronics has made a substantial investment of $260 million in Lien Ha Thai Industrial Park in the northern province of Thai Binh, delivering a boost to Vietnam's industrial growth prospects.
metas zuckerberg shakes off apple vision pro report

Meta's Zuckerberg shakes off Apple Vision Pro: report

Meta chief Mark Zuckerberg on Thursday told employees that while Apple's mixed reality gear may be nice, it is not his vision of the future, according to US media reports.
taiwans foxconn predicts huge growth in ai server business

Taiwan's Foxconn predicts huge growth in AI server business

Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT, its chairman said Wednesday.