Vietnam Investment Review

Italian agency plans $1.3 billion to boost trade and investment with Vietnam

The Export Credit Agency of Italy announced on May 8 that it is working on $1.3 billion worth of new projects to support trade and investment with Vietnam.

Land clearance for $2 billion Thai Binh LNG power plant set for completion in January 2025

Thai Binh authorities work with the investor to complete site clearance for a $2 billion LNG power plant.

Tetra Pak to expand manufacturing facility in Binh Duong

Tetra Pak has announced an additional €97 million ($104.2 million) investment to expand its packaging material production facility in the southern province of Binh Duong.

ESG poses challenges for Vietnamese businesses in global trade expansion

A Reuters survey has found that 88 per cent of global businesses require annual environmental, social, and governance data from suppliers.
Vietnamese tech unicorns undergo challenging period

Tech unicorns are facing challenges amid an economic downturn.
Military parade celebrates 70th anniversary of Dien Bien Phu victory

A military parade took place on May 7 to celebrate the 70th anniversary of the historic victory of the battle of Dien Bien Phu.

FDI flows strongly into manufacturing, real estate

Calculation of top-up payable under Pillar 2 global minimum tax

Breakthroughs within reach for Haiphong’s development

Creative economy opens up new space for economic development

Travel firms battle surging costs

Travel businesses are cautious about reaching their full-year projections amid increased costs.

Commerce chamber advocates power purchasing agreement, bypassing state utility EVN

The Vietnam Chamber of Commerce and Industry has recommended allowing all businesses and individuals to purchase renewable energy directly.

Surging costs and fleet changes drive Vietnam's airfares up in 2024

The Civil Aviation Authority of Vietnam has reported a notable increase in the average cost of economy class airfares in 2024.

Corporate

CEO Talk Biz Link Vietnam Values

Global car giants seek tech allies in China's cutthroat EV market

Samsung to buy French medical AI firm Sonio

Corporate May 08, 2024 | 16:00

Global car giants seek tech allies in China's cutthroat EV market

Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.

Corporate May 08, 2024 | 14:37

Samsung to buy French medical AI firm Sonio

South Korean tech giant Samsung said Wednesday it will buy French artificial intelligence company Sonio to boost its cutting-edge medical diagnostic systems.

CEO Talk April 24, 2024 | 14:27

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

CADDi has launched CADDi Drawer, a flagship product to accelerate the digital transformation process in Vietnam.

Biz Link May 08, 2024 | 12:50

Tay Ninh seeks investors in 54 key projects

The southern province of Tay Ninh is calling for investment across various sectors for this year.

Investing

M&A Outbound Investment Investing in Haiphong

Bac Ninh draws nearly $1 billion of FDI in first four months

Investing May 08, 2024 | 12:28

Bac Ninh draws nearly $1 billion of FDI in first four months

Industrial parks in Ban Ninh province attracted $997.1 million in foreign direct investment (FDI) in the first four months of this year.

Investing May 08, 2024 | 11:57

Tetra Pak to expand manufacturing facility in Binh Duong

Tetra Pak has announced an additional €97 million ($104.2 million) investment to expand its packaging material production facility in the southern province of Binh Duong.

M&A May 04, 2024 | 23:23

Deals propel domestic diversification

Several Vietnamese corporations are actively pursuing acquisitions abroad, enhancing their global footprint and capabilities through strategic investments in foreign companies.

Outbound Investment May 03, 2024 | 11:30

FPT IS teams up New Zealand’s leading trade platform on cross-border transactions

FPT IS is exploring opportunities to cooperate with TradeWindow, a New Zealand platform for the digitalisation of trade processes.

Your Consultant

KPMG PwC RSM Vietnam D.lion Dentons LuatViet

Raising labour productivity crucial for higher incomes

The blueprint to unlocking Ho Chi Minh City’s potential

Your Consultant May 08, 2024 | 00:04

Raising labour productivity crucial for higher incomes

The government is making efforts to ensure sustainable employment and incomes. Pham Hoai Nam, head of the Population and Labour Statistics Department at the General Statistics Office, delved into the labour market’s current and future landscape with VIR’s Manh Bon.

Your Consultant May 05, 2024 | 13:43

The blueprint to unlocking Ho Chi Minh City’s potential

Ho Chi Minh City is a vibrant metropolis in Vietnam. Rizwan Khan, managing partner at Acclime, explains how its rich history, dynamic economy, and diverse culture can offer the city the potential to become a global-scale megacity.

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 May 08, 2024 | 12:08

Companies wary of cybersecurity threats

Cybersecurity has gained more attention during the annual general meeting season following the surge in ransomware attacks in the first quarter of 2024.

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

Daisuke Takei

CEO of CADDi Vietnam

Japan's CADDi invests in Vietnam's fast-growing manufacturing industry

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

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

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

ESG poses challenges for Vietnamese businesses in global trade expansion

Vietnam to strengthen carbon credit management

MoIT advises caution over residential solar systems

Reduction and recycling contribute to effective water stewardship at BAT Vietnam

Green Growth May 08, 2024 | 12:44

ESG poses challenges for Vietnamese businesses in global trade expansion

A Reuters survey has found that 88 per cent of global businesses require annual environmental, social, and governance data from suppliers.

Green Growth May 08, 2024 | 12:13

Commerce chamber advocates power purchasing agreement, bypassing state utility EVN

The Vietnam Chamber of Commerce and Industry has recommended allowing all businesses and individuals to purchase renewable energy directly.

Green Growth May 06, 2024 | 19:14

Vietnam to strengthen carbon credit management

Prime Minister Pham Minh Chinh has urged ministries to work with relevant agencies to develop Vietnam's carbon credit infrastructure.

Green Growth May 03, 2024 | 17:34

MoIT advises caution over residential solar systems

The MoIT has advised caution over the deployment of residential solar systems, particularly those connected to the national grid.

Green Growth May 03, 2024 | 10:31

Reduction and recycling contribute to effective water stewardship at BAT Vietnam

BAT Vietnam has pivoted to green resource management.

Green Growth April 30, 2024 | 16:00

Rooftop solar power puts IPs on the map

Transferring to renewable energy through installing rooftop solar power systems is set to help foster competitive capacity and further the sustainable development of businesses.

Most viewed

Property

Green Buildings Industrial Properties

Property May 07, 2024 | 23:46

Outdated IPs must be dealt with

The Vietnamese government has started to move industrial parks that do not meet set conditions to outside central areas. Alex Crane, managing director for Knight Frank, shares his recommendations for advancing this process.

Property May 06, 2024 | 15:00

Business concerns apparent on land law

The business community is still unclear about draft decrees related to land prices and implementation of the new Land Law.

Green Buildings April 23, 2024 | 14:22

Bureau Veritas assists Pearl Global factory with LEED building certification

Bureau Veritas has helped a Pearl Global factory achieve the LEED Operations and Maintenance Certification.

Industrial Properties May 08, 2024 | 12:24

Industrial real estate increasingly lucrative

Industrial real estate ventures are showing huge potential nationwide.

Money

Insurance Smart Payment Trends Stock Monitor

Binance chief's prison sentence a lesson on legal compliance

Money May 08, 2024 | 12:26

Binance chief's prison sentence a lesson on legal compliance

Binance founder Changpeng Zhao has been sentenced to four months in prison in the United States, despite having paid a fine of over $4 billion.

Money May 08, 2024 | 12:05

Italian agency plans $1.3 billion to boost trade and investment with Vietnam

The Export Credit Agency of Italy announced on May 8 that it is working on $1.3 billion worth of new projects to support trade and investment with Vietnam.

Insurance April 25, 2024 | 17:44

Shinhan Life empowers young generation with career programme

Shinhan Life Vietnam has launched a career programme for school students.

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.

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 May 06, 2024 | 16:17

Logistics in the historic Dien Bien Phu Campaign

Having identified the strategic resolve to advance and annihilate the enemy at Dien Bien Phu, a major concern of the Party Central Committee was the provision of food and ammunition and ensuring logistical routes remained open for the tens of thousands of frontline troops fighting in rear areas for a long period of time.

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.

Timeout

Travel Hotels & Restaurants The Insider Entertainment Lifestyle

Timeout May 08, 2024 | 11:42

Muong Thanh Group sets record for largest simultaneous Thai Xoe dance performances

The 'Simultaneous Thai Xoe Dance - Muong Thanh Circle' held by Muong Thanh Group encapsulated the victorious spirit of the battle of Dien Bien Phu.

Timeout May 07, 2024 | 23:00

Travel for the future

Greening tourism and prioritising sustainable experiences is helping to preserve the environment and tourist resources for the next generation.

Timeout May 06, 2024 | 11:08

Hanoi’s ambitions to be a sustainable smart city

For the second consecutive year, Hanoi has been included in the list of the top 100 smartest cities in the world.

Timeout April 30, 2024 | 09:00

Trang An marks 10th anniversary as UNESCO World Heritage Site

Ninh Binh hosted a ceremony on April 26 to mark the 10th anniversary of UNESCO's recognition of Trang An Landscape Complex as a World Heritage Site.

Hotels & Restaurants May 06, 2024 | 19:11

Kempinski Hotels to make its Vietnam debut

Europe’s oldest luxury hotel company, Kempinski Hotels, is venturing into Vietnam for the very first time on the waterfront of the Saigon River.

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 May 06, 2024 | 11:08

Hanoi’s ambitions to be a sustainable smart city

For the second consecutive year, Hanoi has been included in the list of the top 100 smartest cities in the world.

Entertainment May 08, 2024 | 11:42

Muong Thanh Group sets record for largest simultaneous Thai Xoe dance performances

The 'Simultaneous Thai Xoe Dance - Muong Thanh Circle' held by Muong Thanh Group encapsulated the victorious spirit of the battle of Dien Bien Phu.

Videos

Cai Mep listed among world’s 30 largest ports

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

Sports

Sports May 06, 2024 | 16:39

Vietnam cueist wins Scottish Open Pool 9-ball Championship 2024

Vietnamese cueist Duong Quoc Hoang has won the Scottish Open Pool 9-ball Championship 2024 in Scotland, the UK.

Sports April 30, 2024 | 16:42

Tennis legend Roger Federer visits Hoi An city

Swiss famous tennis player Roger Federer unintentionally made an appearance in front of Vietnamese fans when he decided to come to Hoi An city on April 29.

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.

Photos

Photos May 07, 2024 | 14:00

Military parade celebrates 70th anniversary of Dien Bien Phu victory

A military parade took place on May 7 to celebrate the 70th anniversary of the historic victory of the battle of Dien Bien Phu.

Photos May 03, 2024 | 17:44

Metro line 1 nears operation

The first metro line in Ho Chi Minh City, linking Ben Thanh Market in District 1 to Suoi Tien in Thu Duc, could be in operation by the end of the year.

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.

Society

Swing for the Kids CSR

Binh Phuoc: ethnic minorities assisted to get rid of poverty

Bac Giang promotes comprehensive human development

Society May 08, 2024 | 16:03

Binh Phuoc: ethnic minorities assisted to get rid of poverty

Over the recent years, central and local policies have helped many ethnic minority households in Bu Gia Map, an extremely disadvantageous commune in the district of the same name in the southern province of Binh Phuoc province, to overcome difficulties and gradually stabilise their lives.

Society May 08, 2024 | 15:58

Bac Giang promotes comprehensive human development

The northern province of Bac Giang will focus on the study and completion of regulations on cultural values and human standards in the era of industrialisation, modernisation and international integration as part of its efforts to promote comprehensive human development.

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 24, 2024 | 15:31

CARE brings school kitchens to rural areas

CARE's Advancing Women's Economic Empowerment in Vietnam project sets up kitchens in kindergartens to relieve some of the burden faced by parents.

CSR April 23, 2024 | 18:05

US Mission to Vietnam hands over kindergarten to Quang Tri

The United States Mission to Vietnam handed over Trieu Thuan Kindergarten to Quang Tri People's Committee on April 17.

World News

Singapore Airlines switches to sustainable aviation fuel use

Vietnam’s human rights record hailed at UN review

Indonesia to grow 2 million hectares of sugarcane for bio-ethanol fuel development

Myanmar temporarily bans youth from working abroad

Rail route connects China, Laos, Thailand, Malaysia

Indonesia"s first thermal power plant stops operating

World News May 08, 2024 | 10:00

Singapore Airlines switches to sustainable aviation fuel use

Singapore Airlines has ordered 1,000 tonnes of sustainable aviation fuel (SAF) from refiner Neste, which is the airlines’s first purchase of low-carbon jet fuel from the Finland-based refinery.

World News May 08, 2024 | 09:24

Vietnam’s human rights record hailed at UN review

A Vietnamese delegation led by Deputy Minister of Foreign Affairs Do Hung Viet attended a dialogue on Vietnam's national report under the United Nations Human Rights Council (UNHRC)’s fourth cycle of the Universal Periodic Review (UPR) mechanism in Geneva on May 7.

World News May 06, 2024 | 16:05