02-04-2020 16:26
Muong Thanh, the largest private hotel chain in Vietnam was founded by the current owner, Le Thanh Than, who is now one of the wealthiest men in the country.
08-02-2020 16:40
Vietnam is going against the flow of slowing merger and acquisition (M&A) deal-making across the Asia-Pacific region, with a vibrant market forecast for 2020. Building on his wealth of experience in cross-border investment and M&A transactions, Dang Thanh Son, partner at Baker McKenzie’s Hanoi office, discusses Vietnam’s M&A performance in 2019 and shares his expectations for the coming year.
03-02-2020 15:49
Though jewellers have stockpiled 'lucky' gold products for today's God of Wealth Day, most of their customers have stayed away out of fear of coronavirus.
03-02-2020 14:46
Each year, as the God of Wealth day nears (January 10 in the Lunar calendar, which falls to February 3 this year), people line up to buy gold for good luck. However, this year, although the gold shops have prepared a variety of gold items, the number of customers is far less than usually due to fears over the coronavirus.
01-02-2020 13:34
Jewellery shops and companies have stockpiled large numbers of “lucky” gold products to meet the surging demand on the God of Wealth Day on the 10th day of the new lunar year, which falls on February 3.
03-01-2020 08:30
After a rapid development over the past few years, the Vietnamese fintech startup ecosystem is now home to more than 150 companies and brands, covering a broad range of services from digital payments and alternative finance to wealth management and blockchain.
31-12-2019 09:26
Lotte Finance made its first foray into Vietnam’s consumer finance market a year ago, and to mark the meaningful occasion, Kim Jong Geuk, CEO of Lotte Finance Vietnam, talked with VIR’s Ngan Ha about the country’s financial market, the company’s achievements over the past year, and outlines what it will do to bring wealth and value to consumers.
23-12-2019 16:14
In November, Prudential Vietnam Assurance unveiled its new commitment: “We DO for a wealthier and healthier Vietnam”. Having operated in Vietnam for two decades, Prudential Vietnam is one of the pioneering enterprises in the insurance industry, playing an active role in promoting the benefits of life insurance among individuals and families. Nic Nicandrou, chief executive of Prudential Corporation Asia, recently attended the company’s 20th anniversary celebrations and shared with VIR’s Minh Hai the company’s strategy for 2020.
30-10-2019 09:02
Vietnamese Deputy Foreign Minister Nguyen Quoc Dung has thanked the Foreign and Commonwealth Office and relevant agencies of the UK for their active support and sharing of information related to lorry deaths in Essex with Vietnam.
19-09-2019 07:46
For years, the living spaces of wealthy lifestyle connoisseurs have been integrated with haut couture-level amenities and exclusive privileges. Now, in the era of wellbeing with its focus on physical and mental health, global real estate developers are creating new features like the Sky Club, a lifestyle space on the terraces of high-rise buildings which offers exquisite experiences, especially to multi-generational families.
13-09-2019 08:00
For wealthy and successful lifestyle connoisseurs, the value of a real estate project at the heart of the city centre lies not only in the developer’s reputation, its magnificent scale, unique architectural style, or luxurious amenities, but also in invisible features such as its heritage value. Nestled in a prime District 1 location, The Marq, a luxury apartment project on Nguyen Dinh Chieu street crafted by Hongkong Land and An Khang, more than meets all of these expectations.
10-09-2019 22:32
A consortium led by GIC, Singapore’s sovereign wealth fund, and Vingroup JSC (Vingroup) signed definitive agreements for an investment of $500 million (VND11.5 trillion) for a minority stake in VCM Services and Trading Development JSC (VCM), a subsidiary of Vingroup that engages primarily in consumer retail in Vietnam. Following the transaction, Vingroup will continue to be the controlling shareholder of VCM.
13-08-2019 10:26
The 2018 retail landscape in Vietnam was more challenging than ever, and the major market chains were trying to adapt quickly to changes to remain relevant. Consumers’ attitude toward shopping in the region were impacted by four major transformations: urbanisation, more single households, ageing, and increasing wealth.
09-08-2019 17:47
Prudential Vietnam and Hanoi-based commercial lender Vietnam Public Joint Stock Commercial Bank – PVcomBank – have just signed a long-term strategic partnership to exclusively distribute Prudential Vietnam’s life insurance and wealth solutions to customers of PVcomBank.
31-07-2019 09:12
Indonesia has returned seven shipping containers of illegally imported waste to France and Hong Kong, an official said Tuesday (Jul 30), marking the latest move by a Southeast Asian nation to send back rubbish to their wealthy places of origin.