Vietnam Investment Review

Lotte Rental enters Vietnam's car rental market

Lotte Rental, South Korea's largest car rental firm, has launched a new service in Vietnam.

2024 marks major return for Vinexpo Asia to Hong Kong

The Vinexposium group will host Vinexpo Asia, the flagship international wine and spirits trade exhibition in Asia, in May.

Warburg Pincus invests in Xuyen A hospital chain

Warburg Pincus has announced it is investing in Xuyen A private general hospital group.

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.
Planning for 30 airports to complete by 2025

The planning for 30 airports, both international and domestic, is expected to be completed by 2025 under a master plan on airport development for 2021-2030 with a vision towards 2050.

Apple announces Vietnam spending boost as CEO visits Hanoi

Cryptocurrency is not banned in Vietnam: Ministry

ADB forecasts 6 per cent growth for Vietnam

HCM City stimulates tourism with discounts up to 60 per cent

Vietnam asks Apple to make it global production base

Prime Minister Pham Minh Chinh met with Apple CEO Tim Cook on April 16.

Experts give insight into Vietnam's retail sector

Christophe Péron, Index Partners, and James Miles-Lambert, Maison RMI, outline how Vietnam's specialised retail sector is developing.

Amendments to gold regulations on agenda

Vietnamese authorities have identified issues and will close regulatory loopholes to stabilise the gold market, according to Malayan Banking Berhad (Maybank).

Corporate

CEO Talk Biz Link Vietnam Values

Businesses take heed of the dual transition

Defining the role of AI in digital transformation

Corporate April 17, 2024 | 16:00

Businesses take heed of the dual transition

Combining digital transformation with the green transition has become a more urgent requirement for enterprises to ensure business goals as well as social responsibility.

Corporate April 17, 2024 | 15:24

Defining the role of AI in digital transformation

AI has become a fuzzy catch-all term for any computational system that mimics human-like intelligence. It enables machines to perform tasks that typically require human intelligence, such as visual perception, speech recognition, and decision-making. AI is the new electricity.

CEO Talk April 10, 2024 | 15:22

Wartsila CEO explores outlook of Vietnam's energy transition

Håkan Agnevall, president and CEO of Wartsila, spoke with VIR's Thanh Van about the outlook of Vietnam's energy transition.

Biz Link April 16, 2024 | 15:30

2024 marks major return for Vinexpo Asia to Hong Kong

The Vinexposium group will host Vinexpo Asia, the flagship international wine and spirits trade exhibition in Asia, in May.

Investing

M&A Outbound Investment Investing in Haiphong

Need is urgent for e-vehicle charging infrastructure

Chinese electric vehicle names remain in pole position of market expansion efforts

Investing April 18, 2024 | 11:00

Need is urgent for e-vehicle charging infrastructure

Vietnam’s major cities are in urgent need of synchronous charging and payment station systems before an electric vehicle boom can truly take shape.

Investing April 18, 2024 | 09:00

Chinese electric vehicle names remain in pole position of market expansion efforts

Vietnam is emerging with decent prospects as an electric vehicle manufacturing hub for the region, as Chinese electric vehicle makers from Chery to BYD flock to the country.

M&A April 16, 2024 | 09:00

Experts give insight into Vietnam's retail sector

Christophe Péron, Index Partners, and James Miles-Lambert, Maison RMI, outline how Vietnam's specialised retail sector is developing.

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

Establishing and developing a virtual asset framework

Geopolitical tensions prompt a rethinking of trade

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.

Your Consultant April 09, 2024 | 09:17

Geopolitical tensions prompt a rethinking of trade

Bouts of escalation in the Russia-Ukraine conflict continue to make headlines over the world. While the EU only grew by 0.5 per cent in 2023 with a prospective growth of 0.9 per cent in 2024, the Russian economy, despite the sanctions, grew by 3.6 per cent in 2023 and is expected to grow by 2.6 per cent in 2024.

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

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

Saint-Gobain promotes sustainable construction in Vietnam

Benoit Bazin

CEO of Saint-Gobain Group

Saint-Gobain promotes sustainable construction in Vietnam

TCP surges ahead with responsible initiatives

Saravoot Yoovidhya

CEO of TCP Group

TCP surges ahead with responsible initiatives

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

The keys to a just energy and coal-fired transition

Global aid for energy transition ramps up

Climate Leaders Network aims to elevate role of women in green economy

Australia strengthens climate and energy cooperation with Vietnam

MoIT seeks to broaden participation in power purchasing agreement

Tin Thanh Group signs one billion tonne carbon offset deal

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

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 | 15:42

Climate Leaders Network aims to elevate role of women in green economy

The newly established Climate Leaders Network (CLN) is aiming to elevate women's leadership and their impact on Vietnam's transition to a green economy.

Green Growth April 15, 2024 | 15:33

Australia strengthens climate and energy cooperation with Vietnam

Australia hopes to drive cooperation on energy transition with Vietnam under the recently signed Comprehensive Strategic Partnership.

Green Growth April 12, 2024 | 10:33

MoIT seeks to broaden participation in power purchasing agreement

The Ministry of Industry and Trade has proposed an expansion of the Direct Power Purchase Agreement mechanism.

Green Growth April 10, 2024 | 15:06

Tin Thanh Group signs one billion tonne carbon offset deal

Tin Thanh Group held a signing ceremony on April 9 to offset one billion tonnes of carbon annually and launch a global carbon credit NFT marketplace.

Most viewed

Property

Green Buildings Industrial Properties

Rapid law implementation may propel market fortunes

Property April 17, 2024 | 08:43

Rapid law implementation may propel market fortunes

With quicker implementation of Vietnam’s new land law, the real estate market can resume normal operations and enter a more robust development cycle from the second half of this year.

Property April 16, 2024 | 10:22

Nation urged to build on eco-IP model

A project on implementing eco-industrial parks in Vietnam has had significant results in terms of building policy institutions, environmental benefits, and socioeconomic development for businesses.

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 12, 2024 | 13:00

Around 200 attend conference on eco-IPs

200 participants joined a conference on April 12 in Ho Chi Minh City to discuss the adoption of circular economy approaches in Vietnam's industrial parks.

Money

Insurance Smart Payment Trends Stock Monitor

Central bank to resume gold bar bidding after 11 years

Citi wins three Environmental Finance awards

Money April 16, 2024 | 16:25

Central bank to resume gold bar bidding after 11 years

The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.

Money April 16, 2024 | 14:05

Citi wins three Environmental Finance awards

Citi has been recognised with awards from Environmental Finance magazine.

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 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.

Timeout 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.

Hotels & Restaurants April 15, 2024 | 15:48

Sheraton Saigon Grand Opera Hotel awarded Green Globe certification

Sheraton Saigon Grand Opera Hotel is now the the first Marriott property in Vietnam with Green Globe certification.

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 04, 2024 | 15:51

'Humming at the End of a Dream' exhibition

The 'Humming at the End of a Dream' exhibition investigates Nghia Dang’s continuing interest in the construction of the psyche and the mind's capacity for image-making.

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 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.

Sports April 03, 2024 | 15:08

Formula One owners Liberty Media buy MotoGP for $4.5 bn

Formula One owners Liberty Media have agreed to buy MotoGP on Monday in a deal valued at around $4.5 billion, the American company said.

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

Vietnam needs 20-30 billion USD investment for universal clean water access

Vietnam Airlines adjusts flight paths via Middle East

Society April 16, 2024 | 17:10

Vietnam needs 20-30 billion USD investment for universal clean water access

Vietnam will need to invest 20-30 billion USD on water supply and drainage to make sure that 100% of the population has access to clean water, according to experts.

Society April 16, 2024 | 17:05

Vietnam Airlines adjusts flight paths via Middle East

National flag carrier Vietnam Airlines has announced adjustments to its flight routes between Vietnam and Europe to ensure the utmost safety of passengers and crew amid rising tensions in the Middle East.

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 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.

CSR April 11, 2024 | 15:38

Herbalife supports Vietnam Community Nutrition Day

Herbalife Vietnam is collaborating with Suc Khoe & Doi Song newspaper, organising the Vietnam Community Nutrition Day in Ho Chi Minh City.

World News

Indonesia issues dengue fever warning to Bali tourists

Trade facilitation ahead with ASEAN-India deal upgrade

ASEAN strength to be built on with trade reforms

Malaysian airlines to charge carbon levy soon

Malaysia issues heatwave alert for 14 areas

World News April 16, 2024 | 16:59

Malaysia sets up clean energy exchange

The Malaysian government has agreed to establish the Energy Exchange Malaysia (Enegem) to facilitate cross-border sales of green electricity to neighbouring countries.

World News April 16, 2024 | 16:53

Indonesia issues dengue fever warning to Bali tourists

Indonesia’s Health Ministry has issued an early warning asking local and foreign tourists to remain alert against dengue hemorrhagic fever (DHF), which is on the rise in Bali.

World News April 15, 2024 | 17:00

Trade facilitation ahead with ASEAN-India deal upgrade

An upgrade for a trade deal between ASEAN and India should expand the two economies’ trade turnover and mutual investment into the Southeast Asian market in the time to come.

World News April 15, 2024 | 14:58

ASEAN strength to be built on with trade reforms

Vietnam and ASEAN member states are jointly deploying measures to boost the region’s economy, with a focus laid on upgrading a regional agreement on trade in goods.

World News April 15, 2024 | 09:21

Malaysian airlines to charge carbon levy soon

Malaysia is gearing up for greener skies once the carbon levy collection by the airlines comes into effect as soon as the Malaysian Aviation Commission (MAVCOM) makes the necessary review, according to Assoc Prof Major Dr Mohd Harridon Mohamed Suffian, an aviation and aerospace expert.

World News April 15, 2024 | 09:12

Malaysia issues heatwave alert for 14 areas

The Malaysian Meteorological Department (MetMalaysia) has issued hot weather warnings for 14 areas across the country, particularly in the states of Perlis, Kedah, Kelantan, Sarawak and Sabah.