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IFC funds Asia-Pacific companies $554 million on road to recovery from Covid-19

IFC funds Asia-Pacific companies $554 million on road to recovery from Covid-19

NEWS - Aug 25, 2020 | 11:39 AM GMT+7

Thousands of micro, small, and medium enterprises, and millions of farmers across Asia and the Pacific stand to benefit from the first phase of Covid-19 crisis response funding from IFC, a member of the World Bank Group.

Logos enters Vietnam with $350 million-venture

Logos enters Vietnam with $350 million-venture

REAL ESTATE - Aug 21, 2020 | 09:35 AM GMT+7

The venture aims to establish an initial forecast portfolio of approximately $350 million and focuses on Ho Chi Minh City, Hanoi and Danang.

How Vietnam is fighting second wave of coronavirus

How Vietnam is fighting second wave of coronavirus

NEWS - Aug 19, 2020 | 03:34 PM GMT+7

Despite deaths reported day after day in the resurgence of coronavirus, the country refrains from applying nationwide quarantine as the government tries to mitigate detrimental economic impacts.

Industrial real estate stands tall amid Covid-19

Industrial real estate stands tall amid Covid-19

REAL ESTATE - Aug 17, 2020 | 09:00 AM GMT+7

Though it has been a difficult year so far, effective Covid-19 containment and the recently ratified EU Vietnam Free Trade Agreement (EVFTA) has bolstered global industrial investor confidence in Vietnam. The property segment most resilient to Covid-19 has further significant growth potential.

Vietjet transports 800 passengers from pandemic-hit Danang back home

Vietjet transports 800 passengers from pandemic-hit Danang back home

NEWS - Aug 13, 2020 | 05:05 PM GMT+7

The flight VJ2737 today takes off and transports 230 stranded passengers from Danang to Hanoi. This is the first flight of the new-age carrier Vietjet operating to help passengers coming home while Danang has still imposed social distancing to prevent and control the spread of Covid-19.

Vietnamese consumers are the most optimistic in the world amid Covid-19

Vietnamese consumers are the most optimistic in the world amid Covid-19

NEWS - Aug 11, 2020 | 03:25 PM GMT+7

Overcoming the first wave of Covid-19, in the second quarter of 2020, Vietnam became the second most optimistic country globally with Consumer Confidence Index of 117 points.

Logistics firm gets $70 million-funding from IFC

Logistics firm gets $70 million-funding from IFC

BUSINESS - Aug 11, 2020 | 02:00 PM GMT+7

The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.

IFC lends $140 million to VPBank and OCB to boost finance for local businesses

IFC lends $140 million to VPBank and OCB to boost finance for local businesses

NEWS - Aug 11, 2020 | 01:59 PM GMT+7

The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.

Vingroup affiliate joins FIDO Alliance

Vingroup affiliate joins FIDO Alliance

BUSINESS - Aug 11, 2020 | 01:58 PM GMT+7

VinCSS LLC, a cybersecurity startup under Vietnam’s largest private conglomerate Vingroup announced it has joined the FIDO Alliance. VinCSS provides robust solutions for strong authentication by leveraging open authentication standards that eliminate the reliance on passwords enable secured utilization of FIDO2 standard.

Thai Vietjet commences 10th domestic route in Thailand

Thai Vietjet commences 10th domestic route in Thailand

BUSINESS - Aug 08, 2020 | 08:00 AM GMT+7

Thai Vietjet has inaugurated its maiden flight from capital city of Bangkok (Suvarnabhumi Airport) to Nakhon Si Thammarat, an administrative center of southern Thailand and one of the most ancient cities of the country.

Accelerated shift towards omnichannel retailing inVietnam

Accelerated shift towards omnichannel retailing inVietnam

NEWS - Jul 28, 2020 | 08:00 AM GMT+7

The Covid-19 pandemic has resulted in an accelerated shift towards omnichannel purchasing behaviours, as e-commerce channels are increasingly used as a substitute for physical shopping activities.

Confidence of European firms in Vietnam returns after Covid-19

Confidence of European firms in Vietnam returns after Covid-19

NEWS - Jul 27, 2020 | 09:25 AM GMT+7

European business leaders were more positive about Vietnam’s trade and investment environment in the first few months after Covid-19, according to data from the Business Climate Index (BCI) of the European Chamber of Commerce in Vietnam (EuroCham).

Vietnam emerges as next production hub of Asia

Vietnam emerges as next production hub of Asia

NEWS - Jul 27, 2020 | 08:25 AM GMT+7

Despite rising trade protectionism worldwide, Vietnam continues to set new export records and has emerged as the next manufacturing hub, CBRE said.

M&A deal making in uncertain times introduces new considerations

M&A deal making in uncertain times introduces new considerations

BUSINESS - Jul 26, 2020 | 09:01 AM GMT+7

The impacts of the Covid-19 outbreak are drastically altering the global economic landscape, disrupting mergers and acquisitions (M&A) environment and opening up new deal considerations for any party involved.

Which brands dominate Vietnam’s supermarket segment

Which brands dominate Vietnam’s supermarket segment

BUSINESS - Jul 23, 2020 | 11:39 AM GMT+7

While the hypermarket segment is dominated by foreign players, key players in supermarket segment are locals.

Danish firm eyes $10-billion offshore wind project in Binh Thuan

Danish firm eyes $10-billion offshore wind project in Binh Thuan

BUSINESS - Jul 23, 2020 | 11:35 AM GMT+7

With a potential capacity of 3.5 GW, the La Gan offshore wind project in Binh Thuan province is one of the first large scale offshore wind projects in Vietnam.

URC Vietnam raises environment protection awareness

URC Vietnam raises environment protection awareness

BUSINESS - Jul 14, 2020 | 03:39 PM GMT+7

As a leading corporation in food and beverage industry as well as a member of the Packaging Recycling Organzation Vietnam (PRO Vietnam), URC Vietnam always pioneers in the field of sustainable development.

Covid-19 changes way companies interact

Covid-19 changes way companies interact

LEADER TALK - Jul 14, 2020 | 11:51 AM GMT+7

The “new normal” stage requires companies to fully focus on people aspect, to understand employees deeply, to share the same DNA with them, to find the right person more than right skills, and to grow the right quality more than to mine the right capacity.

Hunger linked to Covid-19 could kill millions more than pandemic, warns Oxfam

Hunger linked to Covid-19 could kill millions more than pandemic, warns Oxfam

NEWS - Jul 14, 2020 | 11:49 AM GMT+7

The report of humanitarian group Oxfam reveals that the social and economic fallout from the Covid-19 pandemic as mass unemployment, disruption to food production and supplies and declining aid could push 121 million people to the brink of starvation this year.

World’s first gold-plated hotel opens door in Vietnam

World’s first gold-plated hotel opens door in Vietnam

REAL ESTATE - Jul 06, 2020 | 04:56 PM GMT+7

A five-star hotel Dolce Hanoi Golden Lake Hotel, which claims to be the first property in the world clad in gold tiles, has opened.

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