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Vietnam accelerating towards a cashless society
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.
Support framework will help mass relocation efforts
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.
Impacts of land law on foreign investors
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.
Aspects to maintain investment edge
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
Preparing for the next tech funding wave
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.
Positive scenarios for working capital development
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).
Electric bicycle producers gather momentum
22-11-2017 16:45
Electric bicycle producers are getting in a fierce competition by releasing new lines, applying smart technology, and lowering prices.
Urbanisation and globalisation in a cup
26-08-2017 14:19
The effects of the larger world are breaking into Asian consumption habits, bringing a fresh taste of coffee to China and bubbling up Vietnamese drinks menus with milk tea and bubble tea.
Green choices offer sustainable business development
27-05-2014 10:13
Through inspiring firms to go green in their production and business, the amended Law on Environmental Protection would also be expected to help enhance the competitive advantage of Vietnamese businesses as well as the country’s economic position in the world.
Golden era for cinema beckons
28-05-2013 17:00
The curtain is being lifted on Vietnam’s cinema industry.
Asiana’s CSR activities are flying high in Vietnam
26-02-2013 15:17
Asiana Airlines, one of two major air carriers in South Korea, has been honoured as one of top 10 airlines in the world in 2012.
IBK deposits good will into nation
25-12-2012 08:56
Industrial Bank of Korea is one of Korean businesses which have actively handled CSR activities since setting foot in Vietnam.
Exports show their best face to Vietnam
12-11-2012 15:28
A sharp hike in Korean cosmetics and food exports to Vietnam in recent years has prompted the need for firms from the two countries to step up bilateral investment and trade.
Lotte Group shoots for some winning CSR goals
31-10-2012 08:54
Lotte Group’s Vietnam-based members are helping train a generation of young, highly skilled footballers, laying a foundation for Vietnamese football industry to stretch regionally and globally.
Firms pushed against the wall
13-06-2012 16:47
The tough business climate and tight capital sources continue to take a toll on firms.
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