26-07-2024 17:22
For the first time, the Vietnamese legal framework formally defines electronic money. Under Decree No.52/2024/ND-CP, electronic money is “the value of Vietnamese currency co-stored on electronic means provided on a reciprocal basis with the amount prepaid by customers to banks, foreign bank branches, and intermediary payment service providers providing e-wallet services.” This definition establishes electronic money as a digital form of Vietnam’s legal currency.
22-04-2024 09:51
After more than 60 years of operation, the government has approved the relocation of Bien Hoa 1 Industrial Park to a new site. Meir Tlebalde, CEO and Nguyen Vu Anh, head of Industrial and Business Development at Sunwah Kirin Vietnam, share their recommendations to support enterprises while moving to the new site.
28-02-2024 13:00
The implementation of Vietnam’s new Land Law, effective from next year, brings significant changes that will shape the landscape for real estate investors, particularly foreign investors, who must navigate these changes strategically.
10-05-2023 11:18
Foreign projects in operation have made great contributions to the development of Vietnam’s economy and society. Samuel Son-Tung Vu and Hai Anh Pham, lawyers at Bae, Kim & Lee Vietnam, explain how the presence of foreign capital flows has been reflected in most localities in the country
22-11-2022 16:25
Without knowing when the fundraising winter will end, Trinh Ngoc Duc, chairman of D.lion Holdings, told VIR’s Vu Anh why there could be a change of weather in 2023, and how startups could be more prepared in terms of legal, financial, and human resources.
05-05-2022 15:38
Security over receivables is mainly regulated by the Civil Code 2015 and Decree No.21/2021/ND-CP, as well the Law on Credit Institutions 2010, and its detailing and guiding Circular No. 02/2017/TT-NHNN promulgated by the State Bank of Vietnam (SBV).
01-04-2022 15:54
Last year was a tumultuous one for small- and medium-sized enterprises (SME) as they had to meet their objectives. Vu Branding Co., Ltd. (Thuong Hieu Vu) had made it onto the list of the 32 winners of the SME100 Asia Awards for its rapid growth over the last year and its commitment to sustainable development.
28-04-2021 15:06
Vietnam’s railway industry is pinning hopes on definitive solutions towards its current funding problem that is threatening to shut down trains right across the country. Vu Anh Minh, chairman of Vietnam Railways, explained to VIR’s Bich Thuy how the ongoing problem impacts the company’s performance and transportation by rail in general among the relevant businesses.
29-10-2020 09:00
The Vietnam Railway Corporation (VNR) faces the most difficult period in its history due to the COVID-19 pandemic and flooding in central Vietnam, according to VNR chairman Vu Anh Minh.
20-03-2020 11:00
Despite strong efforts, state-owned Vietnam Railways may face a downturn this year due to the COVID-19 pandemic and challenges from legal barriers. Vu Anh Minh, chairman of the corporation, talked to VIR’s Bich Thuy about the legal bottlenecks that impact its operations as well as solutions to increase efficiency and investment attraction.
05-03-2019 09:59
Trung Nguyen may not be held for much longer for Vietnamese customers' taste for filter coffee, as competitors are breaking into the segment, adding to the headwind created by the prolonged divorce of chairman Dang Le Nguyen Vu and his wife Le Hoang Diep Thao.
26-02-2019 17:13
While the divorce proceedings of billionaire Jeff Bezos, founder of the Amazon e-commerce platform, were done in a snap, in Vietnam, the divorce of Trung Nguyen chairman Dang Le Nguyen Vu and his wife Le Hoang Diep Thao is as slow as Vietnamese coffee drips.
11-09-2018 12:57
Vu Anh Minh, chairman of Vietnam Railways spoke about how to use the VND7trn (USD300m) in funding which they have been allocated by the National Assembly.
25-07-2018 09:04
At the end of July Hanoi People’s Court will start the closing trial for the case of Phan Van Anh Vu and other defendants charged with “deliberately disclosing state secrets”.
22-11-2017 16:45
Electric bicycle producers are getting in a fierce competition by releasing new lines, applying smart technology, and lowering prices.