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MoMo dominates Vietnam's e-wallet market with 68 per cent share
24-05-2023 16:30
The cashless payment landscape in Vietnam is experiencing a surge of activity, with MoMo emerging as the dominant player in the e-wallet sector. Positioned at the forefront of this dynamic market, MoMo has solidified its position as the go-to choice for Vietnamese consumers seeking convenient and secure digital transactions.
New Zealand and Vietnam agree to boost trade and investment cooperation
24-05-2023 16:28
New Zealand and Vietnam have agreed to increase their trade cooperation and reduce barriers, with the goal of raising bilateral trade turnover to $2 billion by 2024.
Condotels, officetels get ownership certificates from May 20
23-05-2023 17:01
Owners of condotel apartments who fully satisfy the conditions under the land law, construction law and the law on real estate business shall be granted a certificate of ownership of land-attached construction facilities according to the commercial or service land area purpose.
Thailand’s rice exports near 3 million tonnes over four months
23-05-2023 15:10
Thailand exported 2.79 million tonnes of rice for 1.5 billion USD in the first four months of this year, up 23 per cent year-on-year, according to the Thai Government’s spokesperson Anucha Burapachaisri.
Jillian Switzerland opens flagship store in Hanoi
22-05-2023 18:24
After officially entering the Vietnamese market in 2022, Jillian Switzerland, a leading Swiss perfume brand, opened a flagship store on Hang Khay Street, in the heart of Hanoi, on May 21.
Thailand welcomes nearly 10 million foreign tourists so far this year
22-05-2023 15:30
Thailand has welcomed nearly 10 million foreign tourists so far this year, earning about 391 billion baht (over 11.3 billion USD) in revenue.
Vietnam to explore direct power purchase agreements in renewable sector
21-05-2023 08:00
Vietnam's Prime Minister Pham Minh Chinh has revealed path for direct power purchase agreements (DPPA) to drive renewable energy investments. As the nation positions itself as a key player in the renewable energy landscape, the successful implementation of DPPA mechanisms promise to propel Vietnam towards a more energy-independent future.
Co To islands hold huge potential for tourism development
19-05-2023 10:47
With 30 islets, Co To island district off Quang Ninh province is considered among the 10 most beautiful islands for tourism in Vietnam. The islets boast long coastlines, smooth white sand, spectacular landscapes and sea breezy cool temperatures.
VinFast expands into Southeast Asian market
19-05-2023 10:36
At the Future Mobility Asia 2023 event in Thailand, VinFast – the electric vehicle (EV) manufacturer from Vingroup – made a groundbreaking announcement, unveiling its expansion plans into the Southeast Asian market while maintaining its existing focus on North America and Europe.
Dutch businesses excited about Vietnam expansions
18-05-2023 15:41
Without a doubt, it is the entrepreneurial spirit that connects and unites the Dutch and the Vietnamese people. Building on these commonalities, the Dutch Business Association Vietnam seeks to ease trade and promote business ties between the Netherlands and Vietnam, by connecting communities and knowledge.
Flexibility desired for infrastructure
18-05-2023 11:19
Governments from diverse corners of the world have harnessed the potential of foreign investment to propel their own infrastructure ambitions. Richard Abadie, partner and leader of Global Capital Projects & Infrastructure at PwC; and Jennifer Tay, partner and leader of Infrastructure at PwC Singapore, told VIR’s Le Luu about the nuances that characterise the investment landscape in Vietnam’s infrastructure domain.
VPBank provides effective support for FIEs
17-05-2023 11:37
In a fresh move, the innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam through a cooperative deal with its strategic partner, Sumitomo Mitsui Banking Corporation (SMBC), to develop and supply an inclusive suite of solutions to support foreign-invested enterprises (FIEs) landing ventures in Vietnam.
Wider interest raised through ASEAN deals
16-05-2023 15:00
With ASEAN expected to see a brighter investment outlook ahead, further facilitation of a more competitive facilitation environment leveraged by trade deals is helping Vietnam attract more funding from nations such as Thailand, Singapore, and Japan.
Direction clearer in weak bank overhaul
16-05-2023 10:04
Decisive action taken by Vietnam’s central bank on restructuring failing banks signifies a considerable stride towards revamping and fostering a sound financial landscape.
Village teacher helps ethnic students keep going to school
15-05-2023 12:17
An ethnic teacher in the Central Highlands province of Gia Lai finds many ways to encourage poor ethnic students to overcome difficulties to pursue studying.
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