Vietnam Investment Review

Masan eyes global expansion, WinCommerce to reach 4,000 stores by 2024

Masan Group Corporation, along with its publicly listed affiliates Masan Consumer and Masan MEATLife, convened their 2024 AGM in Ho Chi Minh City on April 26.

VinFast to continue to grow

Vingroup chairman Pham Nhat Vuong announced he will provide an additional $1 billion in sponsorship for VinFast at the company's AGM on April 25.

SABECO outlines growth plans for 2024

Saigon Beer – Alcohol – Beverage Corporation has outlined its plans at its AGM.

FDI disbursement in January-April period reaches five-year record

The total foreign direct investment (FDI) disbursed in Vietnam in the first four months of this year is estimated to reach 6.28 billion USD, up 7.4 per cent year on year, the highest four-month amount in the past five years, reported the General Statistics Office (GSO).
$529 million funneled into Vietnam’s startup ecosystem in 2023

The total capital invested in Vietnamese tech startups amounted to $529 million in 2023, marking a 17 per cent decrease from the previous year.
Vietnam to become key link in semiconductor value chain

Vietnam has major advantages in developing a semiconductor industry.

Developing virtual asset management policies

Vietnam to have many opportunities from digitalisation, green transformation: IMF

Apple announces Vietnam spending boost as CEO visits Hanoi

Cryptocurrency is not banned in Vietnam: Ministry

Standard Chartered revises down Vietnam's 2024 GDP growth forecast to 6 per cent

Standard Chartered Bank has lowered its 2024 GDP growth forecast for Vietnam to 6 per cent from the previous 6.7 per cent.

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

CADDi has launched CADDi Drawer, a flagship product to accelerate the digital transformation process in Vietnam.

MPI meets with Nvidia vice president to discuss AI and semiconductor cooperation

Minister of Planning and Investment Nguyen Chi Dung met with vice president of US tech firm Nvidia Keith Strier on April 22 to discuss Vietnam's semiconductor and AI ecosystem.

Corporate

CEO Talk Biz Link Vietnam Values

SABECO strives to deliver superior product quality

Corporate April 30, 2024 | 10:43

Malnutrition burden being tackled

Dutch Lady is promoting its nutrition mission in Vietnam and implementing it on a larger scale for greater impact. President of FrieslandCampina Asia, Corine Tap, spoke with VIR’s Thanh Dat about the company’s goals as a world-leading nutrition company through its renowned brands.

Corporate April 30, 2024 | 08:00

SABECO strives to deliver superior product quality

Leveraging market insights while being mindful of global and domestic economic forecasts, Saigon Beer-Alcohol-Beverage Corporation has outlined ambitious growth objectives for the rest of 2024.

CEO Talk April 24, 2024 | 14:27

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

CADDi has launched CADDi Drawer, a flagship product to accelerate the digital transformation process in Vietnam.

Biz Link April 26, 2024 | 14:00

Pharmacity's new CEO shares how company navigates transformation period

Pharmacity is re-shaping its business around a wide range of medicine and healthcare offerings that will offer significant benefits to its consumers.

Investing

M&A Outbound Investment Investing in Haiphong

FDI disbursement in January-April period reaches five-year record

Foreign investment prospects in good shape with tech focus

Investing April 30, 2024 | 16:37

FDI disbursement in January-April period reaches five-year record

The total foreign direct investment (FDI) disbursed in Vietnam in the first four months of this year is estimated to reach 6.28 billion USD, up 7.4 per cent year on year, the highest four-month amount in the past five years, reported the General Statistics Office (GSO).

Investing April 30, 2024 | 11:26

Foreign investment prospects in good shape with tech focus

Economists are upbeat about the outlook of Vietnam to bring foreign capital inflows to new heights after more than three decades of reforms.

M&A April 29, 2024 | 08:47

Japan's Sojitz invests in Vietnam's Finviet

Sojitz is investing in Finviet Technology Corporation, a cashless payment app developer and online ordering platform.

Outbound Investment March 28, 2024 | 10:01

VinFast expands into Thailand

VinFast has signed an MoU with 15 Thai dealers at the 2024 Bangkok International Motor Show.

Your Consultant

KPMG PwC RSM Vietnam D.lion Dentons LuatViet

East Asia funding a nucleus for Vietnam’s attraction

Your Consultant April 30, 2024 | 11:21

Core principles of growth still apply

Five decades of development progress and lessons for the future Vietnam has achieved much progress in economic growth over the past decades. Jonathan Pincus, senior international economist at the United Nations Development Programme in Vietnam, analyses how the economy has grown and offers lessons for the future.

Your Consultant April 24, 2024 | 15:05

East Asia funding a nucleus for Vietnam’s attraction

In recent years, East Asian countries have become significant investors in Vietnam.

KPMG April 16, 2024 | 16:38

VitaDairy partners with KPMG Vietnam on digital transformation

VitaDairy Vietnam JSC and KPMG Vietnam have signed a deal to implement digital transformation, with the help of Hanoi-based software company SAP Vietnam.

PwC March 18, 2024 | 11:31

Business model reinvention a priority for all retailers

There are challenges, opportunities, and transformation priorities in Vietnam’s retail sector.

RSM Vietnam April 01, 2024 | 09:24

Exciting automotive industry changes must be followed

The automotive and mobility industry is rapidly changing, driven by technological development and evolving consumer preferences. These transformations have given rise to a new era of innovation, where the boundaries of what is possible are being pushed to new heights.

D.lion March 31, 2023 | 19:50

DIGI-TEXX sets the standards in digital and business process outsourcing services

Since its first entry in Vietnam 20 years ago, DIGI-TEXX Vietnam, A German-invested company, has positioned itself as a leading, most trusted tech company offering world-class digitally-based business process outsourcing (BPO) services.

Dentons LuatViet April 05, 2024 | 15:40

New PDP8 implementation plan brings investment opportunities

The implementation of Vietnam's Power Development Plan VIII will help build strategic objectives and ensure national energy security.

Opinion

Daisuke Takei

CEO of CADDi Vietnam

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

Suntory PepsiCo breaks ground on its largest Asia-Pacific plant in Vietnam

Jahanzeb Khan

CEO and general director of Suntory PepsiCo Vietnam

Suntory PepsiCo breaks ground on its largest Asia-Pacific plant in Vietnam

Nam Long Group gears up to capture market

Lucas Ignatius Loh Jen Yuh

CEO, Nam Long Group

Nam Long Group gears up to capture market

Wartsila CEO explores outlook of Vietnam's energy transition

Håkan Agnevall

President and CEO of Wartsila

Wartsila CEO explores outlook of Vietnam's energy transition

Topics

Digital Transformation Healthcare Platform Sustainable Energy Human Capital 4.0 Empowering Women Climate Change Response Special Administrative-Economic Zones Bank Scandals Safe and Sound Vietnam

Emagazine

January 29, 2024 | 06:00

Innovation for future communities

Official development assistance can act as the playing field for nations. Vietnam is no exception, having benefited from such assistance over the years in the building of many structures and systems up and down the country.

January 24, 2024 | 15:32

SABECO: 2023 journey of community development

By continuously supporting the younger generation to develop its talents, and spending large sums on activities for its staff, SABECO is showing its relentless sustainable development efforts and making positive contributions to the community.

November 17, 2023 | 15:13

Fuelling Vietnam's enterprises with 5G

One of the first Southeast Asian nations to pilot 5G networks, Vietnam is now setting up the path to become home to one of the region’s first 5G-powered smart factories.

November 09, 2023 | 12:35

Igniting creativity: inside Sun Life Vietnam's innovative workspaces

In its mission alongside embracing cultural and artistic expressions, Sun Life Vietnam pays special attention to cultivating creative workspaces to enhance the experiences of its staff, advisor and clients.

May 11, 2023 | 10:00

SABECO's taste for innovation takes the local brand to the world

SABECO's never-ending attempts to win new customers in an ever-changing economic and cultural environment has resulted in the company winning several prestigious awards at the World Beer Championship.

Green Growth

Energy Efficiency Rethinking Plastics BASF

Nestlé Vietnam promotes initiatives on emission reduction

TCP Vietnam promotes sustainable development

Outlook positive for Vietnam's wind power

Australia and Vietnam to develop competitive electricity market

Sustainability Economics working with ACI to phase out coal

Green Growth April 30, 2024 | 16:00

Rooftop solar power puts IPs on the map

Transferring to renewable energy through installing rooftop solar power systems is set to help foster competitive capacity and further the sustainable development of businesses.

Green Growth April 26, 2024 | 17:25

Nestlé Vietnam promotes initiatives on emission reduction

Nestlé Vietnam has held a workshop to discuss initiatives to help slash emissions across the supply chain sector.

Green Growth April 26, 2024 | 16:55

TCP Vietnam promotes sustainable development

TCP Group's Arjaree Suwangool has shared her comprehensive insight into the company’s commitment to sustainable development.

Green Growth April 23, 2024 | 14:17

Outlook positive for Vietnam's wind power

Wind power projects in the country look positive going forward, reflecting the country's commitment to net-zero by 2050.

Biz Link April 19, 2024 | 18:31

Australia and Vietnam to develop competitive electricity market

A new MoU between Australia and Vietnam is further evidence of the deepening partnership between the two countries in the energy sector.

Green Growth April 19, 2024 | 14:42

Sustainability Economics working with ACI to phase out coal

Sustainability Economics, a global provider of net-zero solutions, has chosen the Asia Carbon Institute's standard for evaluating its 'transition credits'.

Most viewed

Property

Green Buildings Industrial Properties

Vietnam is ready to make a statement with eco-IPs

Financial barriers still remain for true industrial symbiosis

Property April 30, 2024 | 15:37

Vietnam is ready to make a statement with eco-IPs

Vietnam is heading towards sustainability in its economic performance. Bruno Jaspaert, CEO of DEEP C Industrial Zones, talked to VIR’s Linh Le about the transformative journey towards sustainability in Vietnam’s business ecosystem, and DEEP C’s pivotal role in this evolution.

Property April 30, 2024 | 11:00

Financial barriers still remain for true industrial symbiosis

Despite having great potential for implementing industrial innovation, Vietnam lacks financial incentives for businesses in executing industrial symbiosis model and preventing them from taping into a circular community.

Green Buildings April 23, 2024 | 14:22

Bureau Veritas assists Pearl Global factory with LEED building certification

Bureau Veritas has helped a Pearl Global factory achieve the LEED Operations and Maintenance Certification.

Industrial Properties April 18, 2024 | 09:00

Factory and warehouse project set to draw foreign investors to Bac Ninh

Industrial property developer KCN Vietnam Group JSC (KCN Vietnam) broke ground on a factory and warehouse project on April 17 in Bac Ninh province.

Money

Insurance Smart Payment Trends Stock Monitor

Forecasts upbeat for banks’ 2024 profits

BAC A BANK sets business targets for new tenure

Money April 30, 2024 | 18:00

Forecasts upbeat for banks’ 2024 profits

Vietnam’s banking sector is projecting a period of robust growth and profitability, underpinned by strong first-quarter performances and optimistic forecasts for economic recovery and credit expansion.

Money April 30, 2024 | 17:10

BAC A BANK sets business targets for new tenure

BAC A BANK has mapped out new business targets for 2024-2029, with improvements across the board.

Insurance April 25, 2024 | 17:44

Shinhan Life empowers young generation with career programme

Shinhan Life Vietnam has launched a career programme for school students.

Insurance April 09, 2024 | 09:54

Pivotal time for makeup of Vietnamese insurance

After a decade of consistent growth, Vietnam’s insurance industry is now undergoing a period of adjustment. The total insurance premium in 2023 fell by 8.4 per cent to $9.5 billion, with the life insurance sector experiencing the most significant on-year decline at 12.5 per cent.

Smart Payment Trends April 01, 2024 | 15:23

Garmin Vietnam announces expansion of payment service

Garmin Vietnam announced an expansion of its contactless payment service through its collaboration with five major banks on April 1.

Smart Payment Trends March 26, 2024 | 16:17

CARE and Mastercard to launch Strive Women in Vietnam

New programme will focus on women-led micro and small businesses as it aims to reach two million entrepreneurs in key regions of Vietnam over four years.

Infographics

Infographics April 12, 2024 | 09:08

Added value of industrial sector up 6.18 per cent in Q1

Vietnam’s industrial sector posted significant growth in the first quarter of 2024, of an estimated 6.18 per cent compared to the first quarter of 2023. In particular, manufacturing and processing saw robust growth of 6.98 per cent.

Infographics April 11, 2024 | 17:28

Son Doong Cave named among world’s 10 best

Son Doong Cave in the central province of Quang Binh has been ranked sixth among the 10 most beautiful caves in the world by British travel magazine Time Out. With 38.5 million cubic metres of space, the 9-kilometre-long cave is the world’s largest natural cave.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout April 30, 2024 | 10:48

Hau Giang to turn tourism into top spearhead sector

The Mekong Delta province of Hau Giang is sparing no effort to best avail of bountiful local resources to drive its development.

Timeout April 29, 2024 | 08:57

Visiting Trang An Heritage Region 2024 to join Trang An Festival

The Trang An Festival 2024, themed “Visiting Trang An Heritage Region 2024", was held in the northern province of Ninh Binh on April 26.

Timeout April 22, 2024 | 11:21

'Modern Day Assistant' talk show highlights role of administrative professionals

'The Modern Day Assistant' took place on April 20 to honour the role of assistants, secretaries, and administrative professionals.

Timeout April 12, 2024 | 09:40

Vietnam Int’l Travel Mart opens in Hanoi

The Vietnam International Travel Mart (VITM) 2024 themed “Vietnam Tourism – Green Transition for Sustainable Development” kicked off in Hanoi on April 11, attracting 700 enterprises across the country and 16 foreign countries and territories.

Hotels & Restaurants April 25, 2024 | 17:49

Hoiana Shores Golf Club again places in 'Top 100 Golf Courses in Asia'

Once again, Hoiana Shores Golf Club has bagged a spot as one of the top 100 courses on the continent.

The Insider April 02, 2024 | 12:09

The green and digital transition wings for the tourism industry

Vu The Binh, chairman of the Vietnam Tourism Association, speaks with VIR’s Ho Ha about the role of the green and digital transition.

Lifestyle April 22, 2024 | 11:21

'Modern Day Assistant' talk show highlights role of administrative professionals

'The Modern Day Assistant' took place on April 20 to honour the role of assistants, secretaries, and administrative professionals.

Entertainment April 09, 2024 | 14:54

Chinese sci-fi fans divided over Netflix's '3 Body Problem'

Netflix's blockbuster "3 Body Problem", an adaptation of the crown jewel of Chinese sci-fi, has sparked passionate debate and divided opinions among fans in the country despite it not being available to watch there.

Videos

My Khe on Asia’s most beautiful beach list: Tripadvisor

Three-month FDI inflow into Vietnam up 13.4 per cent

Opportunities from billion-dollar export items

Green energy - A trend in sustainable development

Sustainable Development 2023 conference

Night tour to Hanoi's Temple of Literature officially launched

Vietnam’s overseas investment up 4.6 per cent during nine months

Smart tourism ecosystem being developed

PM visits leading tech firms in Silicon Valley

18 renewable projects supplying energy to national grid

Turning paragliding into an interesting tourism offering

Sports

Sports April 30, 2024 | 16:42

Tennis legend Roger Federer visits Hoi An city

Swiss famous tennis player Roger Federer unintentionally made an appearance in front of Vietnamese fans when he decided to come to Hoi An city on April 29.

Sports April 19, 2024 | 16:49

Vietnamese canoeist wins gold medal at Asian championships

Vietnamese canoeist Diep Thi Huong won a gold medal in the women’s 500m category at the Asian Canoe Sprint Championships 2024, the Vietnam Canoeing, Rowing and Sailing Federation said on April 19.

Sports April 15, 2024 | 09:31

Vietnamese golfer wins title at Taiwan amateur tournament

Vietnamese golfer Nguyen Anh Minh successfully won the 31st Taiwan Amateur Golf Championship 2024 on April 12 in Kaohsiung city.

Sports April 15, 2024 | 08:00

Volleyballer Thuy confirmed to make history with a deal playing in Turkey

Vietnamese most successful volleyball player Tran Thi Thanh Thuy will make a new high note in career as she will join the world’s strongest league in the next few weeks.

Photos

Photos February 27, 2024 | 15:12

Cai Mep - Thi Vai Port affirms Vietnam’s maritime position

The Cai Mep - Thi Vai International Port in Ba Ria-Vung Tau province plays a crucial role as a gateway connecting maritime trade routes among southern provinces of Vietnam. It also serves as a major international transshipment port, significantly reducing the transportation time between Vietnam and other countries.

Photos December 15, 2023 | 10:44

Green transportation towards sustainable urban development

Green transportation is not just a trend but also a pressing task in building a sustainable future for urban areas in Vietnam, especially major cities like the capital Hanoi.

Photos November 06, 2023 | 11:57

Hoi An: A captivating heritage city

Hoi An, an enchanting world heritage site, has consistently been hailed as one of the most alluring and romantic ancient towns in the world. It serves as a remarkable exemplar of traditional urban areas and coastal trading ports in the East Asian region.

Photos October 20, 2023 | 11:01

Vietnamese women affirm role and position in social development

During Vietnam’s integration and development, Vietnamese women not only play the role of “keeping the fire burning” in the family but also continue to promote and affirm their role and position in social development, contributing greatly to the cause of national construction.

Entertainment October 02, 2023 | 07:21