Vietnam Investment Review

Nvidia delegation to explore opportunities in Vietnam

Nvidia bosses are set to visit Vietnam to explore investment opportunities in the semiconductor industry.

MB finalises strategy for acquisition of distressed bank

MB has completed procedures for the compulsory transfer of a troubled bank.

KRX trading system to begin official operation

The Ho Chi Minh City Stock Exchange will adopt a new trading infrastructure from the Korean Exchange (KRX) starting May 2.

Upbeat signs on the horizon right from Q1

Vietnamese businesses have returned upbeat Q1 results, heralding rosier prospects for the rest of the year.
MoIT proposes scheme to boost renewable energy procurement

The Ministry of Industry and Trade (MoIT) has put forward a proposal that would allow manufacturers to procure electricity from renewable energy plants.
Disbursement delay deemed unacceptable

Public investment continues to suffer from poor disbursement, with names of culpable units being highlighted by the government.

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

ADB forecasts 6 per cent growth for Vietnam

MB aiming for 30 million customers by end of year

MB aiming for 6-8 per cent profit growth and 30 million customers by the end of 2024.

Vietnam central bank postpones gold bar auction

The State Bank of Vietnam announced that it has postponed its first gold auction in 11 years, set for April 22, due to a lack of participants.

Freshfields promotes Eric Johnson to international partnership in Hanoi

Global law firm Freshfields Bruckhaus Deringer (Freshfields) has elected Hanoi-based global transactions counsel Eric Johnson to its partnership.

Corporate

CEO Talk Biz Link Vietnam Values

Vietnamese plastic firms to cash in on global demand

Corporate April 23, 2024 | 10:59

Female influence still to be attained

Despite the proven correlation between women’s leadership and more effective corporate climate action, females remain underrepresented in heavily invested climate industries. However, efforts are being made across sectors to address this disparity.

Corporate April 23, 2024 | 09:00

Vietnamese plastic firms to cash in on global demand

Vietnamese plastics firms are availing of the mounting opportunities to develop their business amid a spike in global demand for plastic resins.

CEO Talk April 22, 2024 | 08:53

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

Suntory PepsiCo Vietnam has broken ground on its sixth plant in Vietnam. CEO and general director Jahanzeb Khan told VIR’s Bich Ngoc about the significance of the facility.

Biz Link April 23, 2024 | 09:00

Deel empowers Vietnamese companies and talents to thrive globally

Vietnam is facing a shortage of human resources in critical fields such as AI, data science, software development and cybersecurity.

Investing

M&A Outbound Investment Investing in Haiphong

China's BOE builds $275 million electronics factory in Ba Ria-Vung Tau

Investing April 23, 2024 | 08:30

Nvidia delegation to explore opportunities in Vietnam

Nvidia bosses are set to visit Vietnam to explore investment opportunities in the semiconductor industry.

Investing April 22, 2024 | 10:44

China's BOE builds $275 million electronics factory in Ba Ria-Vung Tau

Chinese display maker BOE Technology Group has started the BOE Vietnam smart terminal phase 2 project in the southern province of Ba Ria-Vung Tau.

M&A April 22, 2024 | 16:33

MB finalises strategy for acquisition of distressed bank

MB has completed procedures for the compulsory transfer of a troubled bank.

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

Legal reforms pave the way for healthtech advancements

Establishing and developing a virtual asset framework

Your Consultant April 22, 2024 | 09:22

Legal reforms pave the way for healthtech advancements

With a burgeoning count of active mobile connections nearing 162 million, coupled with a remarkable annual e-commerce market growth rate of 25 per cent, Vietnam has emerged as an attractive market for healthtech initiatives.

Your Consultant April 16, 2024 | 09:55

Establishing and developing a virtual asset framework

With the advancement of sci-tech, numerous new transaction forms and asset types have emerged, especially the rise of virtual assets.

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

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

AEO certification a testament to Piaggio's success

Gianluca Fiume

General director of Piaggio Vietnam

AEO certification a testament to Piaggio's success

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

Australia and Vietnam to develop competitive electricity market

Sustainability Economics working with ACI to phase out coal

The keys to a just energy and coal-fired transition

New USAID and Standard Chartered deal promotes clean energy in Vietnam

Global aid for energy transition ramps up

Australia commits AUD245 million to boost Vietnam's renewable energy and climate resilience

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'.

Green Growth April 17, 2024 | 10:41

The keys to a just energy and coal-fired transition

The Just Energy Transition Partnership (JETP) is a centrepiece of Vietnam’s commitment to achieve net-zero greenhouse gas emissions by 2050.

Green Growth April 17, 2024 | 08:00

New USAID and Standard Chartered deal promotes clean energy in Vietnam

The United States Mission to Vietnam announced a deal between USAID and Standard Chartered Bank on April 16.

Green Growth April 17, 2024 | 08:00

Global aid for energy transition ramps up

Vietnam has earned a great deal of financial and technical assistance from the international community in recent months for its energy transition.

Green Growth April 16, 2024 | 16:00

Australia commits AUD245 million to boost Vietnam's renewable energy and climate resilience

The Australia-Vietnam Green Economy Summit took place in Ho Chi Minh City on April 16, attracting nearly 200 businesses, investors, and experts.

Most viewed

Property

Green Buildings Industrial Properties

Uncertain future for Bien Hoa IP’s workers and businesses

Support framework will help mass relocation efforts

Property April 22, 2024 | 09:59

Uncertain future for Bien Hoa IP’s workers and businesses

Now that a more concrete plan is in the works for relocating companies out of the country’s oldest industrial park, those affected are desperate for guidelines in order to limit operational impacts.

Property April 22, 2024 | 09:51

Support framework will help mass relocation efforts

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.

Green Buildings April 12, 2024 | 14:47

Driving green building development in Vietnam from legal aspect

Vietnam needs assessment tools and a roadmap to expedite green building projects, while introducing more incentive policies and increasing awareness about their benefits.

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

HoSE to launch KRX trading system on May 2

Money April 23, 2024 | 12:16

HoSE to launch KRX trading system on May 2

Securities companies are set to switch to the new KRX trading system from April 24 to April 30 for official operation on May 2, said the Ho Chi Minh City Stock Exchange (HoSE).

Money April 23, 2024 | 11:00

Refinements necessary for stock market

Vietnam’s ambitious endeavour to upgrade its stock market is confronting formidable challenges, such as pre-funding complexities and potential market volatility.

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.

Insurance April 05, 2024 | 15:15

Sun Life's charter capital now among the top three largest in Vietnam

Sun Life Vietnam has increased its charter capital to over $718 million.

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 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.

Timeout April 11, 2024 | 10:28

Expensive airfares force travellers to rethink holiday plans

Destinations near big cities that can be reached by car have become the priority choice for many travellers during the upcoming holiday season due to soaring airline ticket prices.

Timeout April 11, 2024 | 15:25

Ninh Binh ranks 4th in top 10 less-visited wonders of the world

Ninh Binh ranks as the fourth less-visited wonder of the world, according to a recent report.

Hotels & Restaurants April 21, 2024 | 09:34

Li Bai restaurant reopens after uplifting renovation

Sheraton Saigon Grand Opera Hotel’s Cantonese restaurant Li Bai has finally reopened after an extensive two-month renovation.

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 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.

Sports April 10, 2024 | 11:38

Vietnamese swimmers win golds, set new records at Thai championships

Vietnamese swimmers won two gold medals and set two records at the ongoing Thailand Age Group Swimming Championships 2024 in Bangkok.

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

Hanoi Autumn Carnival impresses

Hanoi Autumn Carnival took place along Hoan Kiem Lake on October 1.

Society

Swing for the Kids CSR

PM asks for prompt actions to fix consequences of serious workplace accident in Yen Bai

HCM City’s public high schools cut back on admissions in 2024-2025 academic year

Society April 23, 2024 | 12:09

PM asks for prompt actions to fix consequences of serious workplace accident in Yen Bai

Prime Minister Pham Minh Chinh on April 22 signed a dispatch asking for prompt actions to fix the consequences of a serious workplace accident that happened in a cement factory in the northern province of Yen Bai the same day, as well as measures to support victims.

Society April 23, 2024 | 12:05

HCM City’s public high schools cut back on admissions in 2024-2025 academic year

Ho Chi Minh City’s 113 public high schools have an enrolment quota of 71,000 for the 2024-2025 school year, 6,000 fewer than the previous year, according to the municipal Department of Education and Training.

Swing for the Kids October 21, 2023 | 20:00

Swing for the Kids 2023 breaks fundraising records

The 16th Swing for the Kids charity golf event raised $126,600 through domestic and foreign donors, the biggest amount for the event ever.

Swing for the Kids October 21, 2023 | 17:00

Swing for the Kids charity event supported by dozens of sponsors

In addition to long-term sponsors, the 16th annual Swing for the Kids received new support from the likes of Coninco, Gelex, Vinamika, Seven Stars, and more.

CSR April 19, 2024 | 07:29

U11 football teams compete for Nestlé Milo Cup 2024

Nestlé MILO continues its sponsorship of the Under 11 National Youth Football Tournament for 2024.

CSR April 16, 2024 | 10:59

Lotte Shin Kyuk-Ho Global Scholarship Award ignites student dreams

Lotte's Shin Kyuk-Ho Scholarship Foundation has held a ceremony as part of its initiative to support Vietnamese disadvantaged students.

World News

Malaysian official urges collective efforts in plastic waste fight

Canada, ASEAN consolidate climate change response, economic cooperation

Thailand urged to increase proportion of renewable power generation

World Health Summit Regional Meeting opens

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

World News April 23, 2024 | 12:27

Malaysian official urges collective efforts in plastic waste fight

A Malaysian official has underlined the importance of collective efforts, particularly by the public, in promoting the use of reusable bags and reducing single-use plastics in the fight against plastic waste.

World News April 23, 2024 | 12:01

Canada, ASEAN consolidate climate change response, economic cooperation

The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.

World News April 23, 2024 | 11:53