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Microsoft CEO defends OpenAI partnership after EU, UK probes

16-01-2024 17:23

Microsoft CEO Satya Nadella on Tuesday defended his company's multi-billion-dollar investment in ChatGPT developer OpenAI after the EU and Britain launched probes into whether it resembles a merger.

Tobacco use shrinking worldwide: WHO

16-01-2024 17:02

The number of adult tobacco users has dropped steadily in recent years, the World Health Organization said on Tuesday but it warned Big Tobacco was working hard to reverse that trend.

EuroCham Vietnam's latest Whitebook proposes recommendations to boost green investment

16-01-2024 15:00

The European Chamber of Commerce in Vietnam (EuroCham) announced its 15th annual Whitebook on January 16, providing European insights into Vietnam's business policies.

Pro-business landscape heads industrial production wishlist

16-01-2024 09:46

Despite a slowdown in industrial production, confidence among the business community is expected to continue climbing, which is backed by government efforts to provide a more friendly business environment.

Nghe An woos five foreign-led projects worth $311 million

15-01-2024 18:17

At a conference on December 13 to announce Nghe An province's planning for the period towards 2030, six new projects in Southeast Nghe An Economic Zone worth a combined $390 million were granted investment policy decisions and registration certificates. The decision included five foreign-invested projects valued at $311 million.

Vietnam's telehealth market continues its upward trend

15-01-2024 18:07

According to a report released by IMARC Group on January 11, Vietnam's telehealth market size is projected to exhibit a compound annual growth rate of 21.85 per cent between 2024-2032, with a number of factors affecting the growth of the industry.

Vietnamese economy likely to expand by 6.5 per cent in 2024: Economist

15-01-2024 15:43

The Vietnamese economy is likely to expand by 6-6.5 per cent in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services, Dr. Can Van Luc, a member of the National Financial-Monetary Policy Advisory Council, has predicted.

CPV eyes $200 million in annual export value

12-01-2024 18:22

C.P. Vietnam (CPV) has set ambitious goals for its factory in Binh Phuoc for 2024 and beyond to grow its annual export value to $200 million by expanding its reach to markets such as Europe, the United States, and Middle East.

Citi executive elected chairman of AmCham Vietnam in Ho Chi Minh City

12-01-2024 16:52

Ramachandran A.S (RamC), Citi country officer for Vietnam, has been elected chairman of the American Chamber of Commerce in Vietnam (AmCham Vietnam) in Ho Chi Minh City for the 2024 term.

Banks remain prudent about 2024 targets

12-01-2024 15:40

Major state lender Vietcombank has just released its 2023 figures, with results across a variety of areas exceeding expectation. The Hanoi-headquartered bank saw $59.5 billion in deposit volume, up over 12 per cent on-year, and outstanding balances amounting to $53.58 billion, showing a 10.6 per cent jump on-year.

Timber industry in Vietnam awaits FSC certification drive

11-01-2024 11:30

Strict Forest Stewardship Council certification regulations pose both challenges and opportunities for the Vietnamese timber industry.

Financial Association of Industrial Parks to be launched

11-01-2024 09:52

The Vietnam Financial Consulting Association (VFCA) released a resolution in December to establish the Financial Association of Industrial Parks (FAIP), with Dr. Phan Huu Thang, former director of the Foreign Investment Agency under the Ministry of Planning and Investment, appointed as interim president.