the rejuvenation of logistics

The rejuvenation of logistics

Logistics services include many types and each one has different characteristics and levels of digital transformation. Tran Chi Dung, member of the Executive Committee at the Vietnam Logistics Business Association, looks at these groups and how resources and investment support such services.
evn loses electricity monopoly holding 37 per cent of total system capacity

EVN loses electricity monopoly, holding 37 per cent of total system capacity

The state-owned Vietnam Electricity (EVN) has seen a reduction in its once-dominant role in the energy sector, as private investments, particularly in renewable energy, grow to comprise 42 per cent of the nation's power generation capacity in 2023.
goertek announces major investment boost for bac ninh

Goertek announces major investment boost for Bac Ninh

Jiang Bin, chairman of Goertek Group, revealed plans for the company to significantly increase its investment in Bac Ninh at a meeting on October 24, potentially tripling or even quadrupling the firm's current financial commitment in the northern province.
swire group bolsters investment in vietnam

Swire group bolsters investment in Vietnam

British conglomerate John Swire & Sons has revealed its expanding role in Vietnam's economy, emphasising growth in aviation, healthcare, and sustainable development.
big city startups make waves in funding rounds

Big-city startups make waves in funding rounds

Vietnamese startups, particularly in the largest cities, are witnessing significant international investments, reflecting the country’s rising prominence and commitment to innovation.
germanys pioneering role in industry 40

Germany’s pioneering role in Industry 4.0

In recent years, Vietnam has emerged as a promising destination for foreign investment, drawing the attention of investors from all corners of the globe. Among these investors, Germany has made significant strides in establishing a strong and mutually beneficial economic partnership with the country.
pm applauds investment expansion by john swire sons

PM applauds investment expansion by John Swire & Sons

Prime Minister Pham Minh Chinh received Chairman of John Swire & Sons Limited Guy Bradley in Hanoi on October 24, welcoming the UK-headquartered firm’s continuous expansion of investment and business activities in Vietnam.
firms hold chances to boost supporting industries amid fdi inflows

Firms hold chances to boost supporting industries amid FDI inflows

As Vietnam is emerging as a magnet for foreign businesses, domestic companies now have numerous opportunities to join global supply chains and develop supporting industries.
thailand plans to issue bonds overseas

Thailand plans to issue bonds overseas

Thailand plans to issue bonds overseas to create a benchmark for the private sector and to draw foreign investors' attention, Thai Deputy Minister of Finance Julapun Amornvivat said on October24.
dragon capital increases stake in sacombank

Dragon Capital increases stake in Sacombank

Dragon Capital, a prominent investment group, has bolstered its position in Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) by acquiring an additional 3.5 million shares on October 19.
vietnams own innovation centre a defining concept

Vietnam’s own innovation centre a defining concept

The importance of innovation has never been more obvious. Minister of Planning and Investment Nguyen Chi Dung told VIR’s Nguyen Huong about the development of the National Innovation Centre and support for innovation startups.
long term sustainability for vietnams social wellbeing

Long-term sustainability for Vietnam’s social wellbeing

At the next meeting of the National Assembly next month, the Law on Social Insurance will come up for a crucial review. This presents a golden opportunity to update the law to allow for more productive and efficient investments by the Vietnam Social Security Fund (VSS).
time to seize opportunity for fie growth in vietnam

Time to seize opportunity for FIE growth in Vietnam

Despite some struggles during the deployment of projects and business, foreign-invested enterprises are still appreciating Vietnam’s investment climate.
japanese lender smbc acquires 15 per cent stake in vpbank

Japanese lender SMBC acquires 15 per cent stake in VPBank

Sumitomo Mitsui Banking Corporation (SMBC), the second-largest bank in Japan, has successfully concluded the private placement, buying 15 per cent of VPBank's equity investment, becoming a strategic shareholder in VPBank's upcoming expansion phase.
public investment a locomotive for economic growth experts

Public investment a locomotive for economic growth: Experts

Public investment is expected to be an engine for Vietnam’s economic growth in the context that global headwinds may challenge the country’s growth target of 6.5 per cent, according to experts.