debt rates set to remain lower than planned limits

Debt rates set to remain lower than planned limits

With Vietnam’s borrowing plan revealed and budget landscape finalised for next year, Vietnam is expected to see its public debt stay within the permissible limit, ensuring financial security for the nation.
thailand to cut subsidy for domestic tourism

Thailand to cut subsidy for domestic tourism

The subsidy scheme for domestic tourists might be reduced to 500,000 rooms from 1.5 million after the Thai cabinet this week cut the proposed budget of 8.7 billion baht (nearly 250 million USD) by half, according to the Tourism Authority of Thailand (TAT).
capitaland development receives positive feedback for its latest projects

CapitaLand Development receives positive feedback for its latest projects

CapitaLand Development, the development arm of CapitaLand Group, received a strong response at the exclusive weekend preview of De La Sol – its first residential development in District 4 of Ho Chi Minh City.
how vietnam can utilise wide ranging climate finance

How Vietnam can utilise wide-ranging climate finance

The government’s landmark announcement in 2021 that Vietnam will achieve net-zero carbon emissions by 2050 and phase out coal power by the 2040s was both bold and visionary. It marks a significant milestone in the country’s development trajectory.
navigating tax concerns for vietnamese and multinational companies

Navigating tax concerns for Vietnamese and multinational companies

The pandemic has reshaped the global and domestic economy, and altered every nook and cranny of the tax landscape. Hoang Thuy Duong, partner and head of Tax at KPMG in Vietnam, discussed how Vietnam should write a new tax chapter to become an international fund magnet, with VIR’s Luu Huong.
free trade upgrade to bolster reach of asean connections

Free trade upgrade to bolster reach of ASEAN connections

Vietnam is set to have opportunities to expand its trade and investment ties with Australia and New Zealand on the back of a new version of a multilateral free trade agreement between ASEAN and these two economies.
get ready for a hard landing hr management during economic downturn

Get ready for a hard landing-HR management during economic downturn

Organisations should prepare to deal with major changes in their workforce as the risk of a global recession looms, experts from Great Place to Work and RMIT University said.
the future of commercial banking

The future of commercial banking

The commercial banking sector is rapidly evolving through digitalisation. Nguyen Ngoc Hoang, director and digital innovation lead for KPMG in Vietnam, looks at what the future of the commercial banking landscape looks like, and what commercial banks should do to stay competitive.
vietravel airlines opens hanoi bangkok route

Vietravel Airlines opens Hanoi-Bangkok route

The VU137 flight from Hanoi to Bangkok took off on midday December 16 from Noi Bai International Airport, officially opening the first international regular commercial route of Vietravel Airlines connecting Vietnam and Thailand.
dairy segment showing off potential with fresh launches

Dairy segment showing off potential with fresh launches

Milk and other dairy products are emerging as a strong segment in the food and beverage industry, with an estimated average annual growth rate of over 12 per cent over the next few years.
industrial property an outlier within a weakening market

Industrial property an outlier within a weakening market

In the midst of a difficult time in real estate in many segments, from land plots to individual houses and apartments, industrial real estate remains attractive to both investors and tenants.
dutch economic relations rising ahead of pms visit

Dutch economic relations rising ahead of PM’s visit

Prime Minister Pham Minh Chinh will pay an official visit to the Netherlands on December 13. Dutch Ambassador to Vietnam Kees van Baar spoke to VIR’s Thanh Tung about the trade and investment prospects between both nations.
positive budget figures ensuring economic balance heading into 2023

Positive budget figures ensuring economic balance heading into 2023

The state budget landscape for January to the end of November witnessed positive figures, with enterprises gradually riding out the storm to ensure their performance.
dutch firms plan to invest in shipbuilding and logistics projects

Dutch firms plan to invest in shipbuilding and logistics projects

Many Dutch groups have the intention to invest in shipbuilding and logistics projects in Vietnam to help the Southeast Asian country become a logistics centre and international freight forwarding hub.
capitaland development wins twice at propertyguru asia property awards

CapitaLand Development wins twice at PropertyGuru Asia Property Awards

CapitaLand Development (CLD), the development arm of CapitaLand Group, clinched ‘Best Housing Development’ and ‘Best Eco-Friendly Housing Development’ for Sycamore, CLD’s first large-scale residential property in Vietnam, at the prestigious PropertyGuru Asia Property Awards Grand Final 2022 held on 9 December 2022.