WEF puts focus on ideas for ASEAN

WEF puts focus on ideas for ASEAN

With Industry 4.0 on the rise, Vietnam is emerging as a dynamic economy with high growth potential. The World Economic Forum on ASEAN 2018 in Hanoi next week will put a spotlight on this perspective, with vast opportunities for businesses and investors to meet and exchange business and investment ideas. Khoi Nguyen reports.
Vietnam will further cement its relations with Russia

Vietnam will further cement its relations with Russia

Vietnam and Russia will work on new ways to lift their trade and investment co-operation this week, with industrial and energy development ties being a focus.
Firms spend heavily on brand promotion

Firms spend heavily on brand promotion

In the race for market share, most firms are resorting to use the media as a weapon for brand promotion and do not hesitate to spend large to pursue their goal.
Vietnam may reach new foreign investment record in 2018

Vietnam may reach new foreign investment record in 2018

If foreign investment stays on course, Vietnam can expect a new record for the decade, mostly generated by M&A deals.
Halong-Haiphong Expressway officially open for traffic

Halong-Haiphong Expressway officially open for traffic

This morning, the Halong-Haiphong Expressway and Bach Dang Bridge officially went into use.
Banks upbeat about reaching full-year profit targets

Banks upbeat about reaching full-year profit targets

Banks are confident in reaching their full-year profit targets albeit the central bank is unlikely to loosen banks’ credit growth limit in the second half.
UNIQLO to be launched in Vietnam in fall 2019

UNIQLO to be launched in Vietnam in fall 2019

Launching in Vietnam next year will mark further growth for the brand of UNIQLO in Southeast Asia.
Bearish market does not deter investment funds

Bearish market does not deter investment funds

The current bearish market has done nothing to blunt the optimism of foreign investment funds who are now taking their time rearranging portfolios for future growth, drawing faith from the positive half-year results of major Vietnamese firms.
Capital market in need of FIE boost

Capital market in need of FIE boost

Raising long-term capital is vital for the sustainable development of the local economy in the future, and rather than relying entirely on locally sourced capital, Vietnam should look to capitalise on foreign resources to rectify the issue of thin capitalisation and enrich its capital market by improving market access to foreign investors and allowing foreign-invested companies to be listed on the local bourses. Trang Nguyen reports.
Instant noodle business rebounds after a slump

Instant noodle business rebounds after a slump

Vietnam’s instant noodle market is once again positioning itself as a fertile ground for both local and foreign producers, as instant noodle sales recovered in 2017 after two consecutive years of decline. Van Oanh reports.
Locals spend billions on realty abroad

Locals spend billions on realty abroad

Vietnamese buyers spent $3 billion on homes in the US between April 2016 and March 2017, showing the interest of Vietnamese people in this segment, but also raising the question of how such large amounts of money could be transferred abroad.
IT key to Vietnam’s Industry 4.0 future

IT key to Vietnam’s Industry 4.0 future

Vietnam’s great potential in IT and wide-scale smartphone coverage will be the keys for the country to develop its digital economy and seize great opportunities in Industry 4.0. Nguyen Dat reports.
Hyosung Group gets nod for $1.2 billion complex in Vietnam

Hyosung Group gets nod for $1.2 billion complex in Vietnam

South Korea’s Hyosung Group has solidified its presence in Vietnam after receiving the investment certificate to build a $1.2 billion complex in Ba Ria-Vung Tau.
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