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ASEAN launches integrated river management project
17-02-2023 16:32
A project on reducing pollution and preserving environmental flows in East Asian Seas through the Implementation of Integrated River Basin Management (IRBM) was launched in Manila by the Association of Southeast Asian Nations (ASEAN) to develop practical and innovative ways for communities, industries and governments to work together to revitalise the region’s rivers.
Barriers must be overcome to aid derivatives market
16-02-2023 17:21
The commodity derivatives market is still offering opportunities for investors. Le Minh Phuong, deputy director of AIMS Futures Trade Vietnam, explained to VIR’s Lam Phong the outlook of the market in 2023.
Retail businesses optimistic in face of erratic environment
16-02-2023 16:00
The decrease in purchasing power due to the belt-tightening of consumers has seriously affected the business situation of most retail businesses. However, many businesses are still very optimistic about the market’s prospects and believe that the new strategy will help them settle down soon.
Foreign investors expect enforcement of new medical examination legislation
16-02-2023 13:00
Foreign-invested enterprises are expecting better performance with the enforcement of the amended Law on Medical Examination and Treatment. Vu Tu Thanh, deputy regional managing director and Vietnam chief representative at the US-ASEAN Business Council, talked to VIR’s Tung Anh about the possible impacts on its members, and the expectations ahead.
Assessing the dual features of nation’s energy plan and PDP8
15-02-2023 11:05
Vietnam’s immediate prime concern is to conclude its energy plans and establish a blueprint for sustainable growth. The Vietnam Academy of Science and Technology’s Dr. Bui Huy Phung, a former member of the Power Development Plan VII (PDP7) Appraisal Council, responded to VIR’s Hai Van on this topic.
Nordic nations staunchly working alongside Vietnam
15-02-2023 10:33
Vietnam emerged as one of the great success stories among Asian emerging economies. Vietnam found its way to thrive economically and even achieved an impressive 8.02 per cent GDP growth in 2022. The improved business environment has contributed to socioeconomic recovery and development, thus regaining the trust of the foreign business community in Vietnam.
Building confidence and trust with credit rating agencies
13-02-2023 17:03
The adequacy of credit ratings is crucial for debt markets everywhere else in the world, including emerging economies like Vietnam. Michael Goh, an international finance expert based in Singapore, discussed with VIR’s Le Luu, the critical role as well as some possible shortcomings of credit rating agencies.
Appetite and hazards to run parallel in real estate
13-02-2023 09:42
Over the next couple of years, direct financial flow into commercial buildings and industrial estates could be boosted with the aid of new legislation and demand sources. Hoang Nguyet Minh, senior director of Commercial Leasing at Savills Hanoi, discussed this matter with VIR’s Quynh Trang.
Level of risk appetite the name of the game for new financial transactions
13-02-2023 08:00
New investment channels can pose a risk while also offering fresh options. Hanh Nguyen, country business development manager at Exness Vietnam, told VIR’s Thy Nguyet her thoughts on unlocking the full potential of these new channels and how to manage them.
A good time to explore digital assets
13-02-2023 08:00
With 10 years of experience in connecting IT and blockchain startups with investors worldwide, Hadi Malaeb, co-founder and CEO of Agora Group, shared with VIR’s Duc Hanh his thoughts on promoting blockchain startup and digital asset space.
Bringing ancient inspiration to modern life
10-02-2023 10:19
Tsafari’s ao dai collection is one of the most long-awaited ones for both local and foreign women in Vietnam. Founder and creative director Ho Tran Da Thao shared with VIR’s Duc Hanh her passion for the centuries-old Vietnamese carving art that helps her create a unique and elegant collection of shoes, bags, and other items.
Rising bad debt threat looms large
09-02-2023 12:33
Despite a bright business outlook, non-performing loans are causing significant concerns to banks amid a challenging environment in both the domestic and global market, according to industry experts.
Vietnam may become largest retail real estate market in region
08-02-2023 17:02
Hoang Nguyet Minh, senior director of Commercial Leasing at Savills Hanoi, discussed the short-term prospects of real estate investment at a VIR roundtable on February 7.
Coteccons - humble giant with big plans in Vietnam
08-02-2023 16:00
Coteccons Construction JSC experienced stellar achievements in 2022 amid tough competition in the local market. Bolat Duisenov, chairman at Coteccons talked to VIR’s Bich Thuy about the company’s expectations and plans for the year ahead.
The way forward to consider both sustainability and ESG
08-02-2023 14:58
Last year was not a good year for environmental, social, and governance (ESG) funds and their performance has been held back. After years of dramatic growth, investment in ESG securities has sharply declined, with research firm Morningstar reporting a 70 per cent drop in inflows compared to the year before and the number of new funds launched is down by 60 per cent.
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