Vietnam boasts high potential to become new global production hub: expert

Vietnam boasts high potential to become new global production hub: expert

Vietnam has high potential to become a new production hub of the world in the context of the current transition of the supply chain, said Dr. Ho Quoc Tuan, a senior lecturer at Bristol University in the UK.
Learning recent lessons to ensure fiscal prudence in 2023

Learning recent lessons to ensure fiscal prudence in 2023

Fiscal and monetary policies worldwide witnessed changes last year, and the same has also been true of Vietnam. Nguyen Minh Cuong, principal country economist at the Asian Development Bank in Vietnam, spoke to VIR’s Hong Dung about how it can apply relevant initiatives this year.
The recovery of hospitality

The recovery of hospitality

In Asia-Pacific, international arrivals continue to grow as border restrictions ease. Most countries have opened borders and lifted quarantine requirements for vaccinated travellers. However, the reopening across the region has been segmented, achieving different results in different countries.
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.
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