The digitalisation wave to boost data centre growth

The digitalisation wave to boost data centre growth

The Asia-Pacific data centre market is one of the fastest developing regions, and it is on track to become the world’s largest over the next decade.
Bringing the fresh air to healthcare

Bringing the fresh air to healthcare

The amended Law on Medical Examination and Treatment to come into effect from early 2024 is expected to have a significant impact on how related establishments conduct their day-to-day business. Ngo Thanh Hai, lawyer at LNT & Partners, analyses the notable changes and market impact.
Foreign investors expect enforcement of new medical examination legislation

Foreign investors expect enforcement of new medical examination legislation

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.
Land law considerations for non-nationals

Land law considerations for non-nationals

With the current Law on Land, many foreign businesses have encountered multiple challenges related to real estate while investing in Vietnam. Pham Duy Khuong, managing director of ASL Law, explains why the country must remove these issues as soon as possible in order to keep Vietnam attractive.
The intelligence management concept

The intelligence management concept

AI has been around for some time, essentially being just another human tool, entirely under our control. The internet may be AI powered and even influence us, but it is still essentially a tool for people. Control is needed by a person for it to have any use.
ChatGPT and its potential legal implications in Vietnam

ChatGPT and its potential legal implications in Vietnam

ChatGPT is the topic on almost everyone’s lips at this great juncture in Vietnam. Even high school kids will be trained for this technology so that they can know how and when to use and not to use it in their studying and future careers. The big question remains, nonetheless, as to the legal implications this technology carries.
Effects of new policies on foreign-invested groups

Effects of new policies on foreign-invested groups

Foreign-invested enterprises are making a comeback and on the way to recovery after the extremely difficult last few years.
Gauging efficient investment channels for the year

Gauging efficient investment channels for the year

Looking back on 2022, right from the outset of the year, the economy rebooted strongly, reflected in economic growth data and banks’ lending practice. Yet by the end of the year, there were signs growth slowing due to the impacts from external and internal factors on the economy.
Key trends to watch out for in the Year of the Cat

Key trends to watch out for in the Year of the Cat

Geopolitical shocks and sustained inflation are expected to persist in 2023, but Asia is likely to be a bright spot amidst intensifying headwinds.
Review of Vietnam’s economy 2022: Global & local headwinds have just begun

Review of Vietnam’s economy 2022: Global & local headwinds have just begun

While an array of measures have been taken by the Vietnamese government, the local economy is still predicted to suffer disturbances over the coming year.
The implications of global uncertainty

The implications of global uncertainty

Global inflation rose sharply in 2022 – in the second half of the year, median global headline inflation reached over 9 per cent, its highest level since 1994. Soaring inflation reflected a combination of supply and demand factors. On the demand side, the acceleration of growth during the initial rebound from the 2020 global recession, as well as the lagged effects of earlier macroeconomic support, contributed to persistent price pressures.
Vietnam’s economy steadfast amid the headwinds

Vietnam’s economy steadfast amid the headwinds

The government and people of Vietnam well deserve their achievement of the highest economic growth record in more than a decade. Despite global economic concerns, inflationary pressure, currency depreciation and other current challenges, Vietnam’s economy grew at 8.02 per cent in 2022, according to the General Statistics Office. That was higher than the government’s initial target of 6-6.5 per cent, and Vietnam remains one of the fastest-growing economies in the region.
Expectations on the horizon

Expectations on the horizon

The world steps into 2023 brimmed with great expectations as well as concerns amid the challenging development path ahead. Economist Nguyen Tri Hieu scrutinised with VIR’s Dinh Thuy the major challenges Vietnam’s economy will face, particularly in the finance-banking sector.
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