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Vietnam economy will persist at least through the third quarter: HSBC

Vietnam economy will persist at least through the third quarter: HSBC

HSBC have recently trimmed Vietnam’s 2021 growth forecast from 6.6 per cent to 6.1 per cent, reflecting the impact of the recent outbreak. That said, once Vietnam is able to contain Covid-19, it should regain its momentum quickly.
Attracting investment in recycling and circular economy

Attracting investment in recycling and circular economy

NEWS - Jul 06, 2021 | 11:17 AM GMT+7

Financial institutions and investment funds have to face some obstacles im making investment into plastic recycling sector.

IFC provides $150 million financing package to SeABank

IFC provides $150 million financing package to SeABank

NEWS - Jul 06, 2021 | 11:03 AM GMT+7

To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank).

World Bank approves $321 million programs to support Vietnam’s recovery efforts

World Bank approves $321 million programs to support Vietnam’s recovery efforts

NEWS - Jul 06, 2021 | 11:02 AM GMT+7

It includes two operations designed to support the central government and Ho Chi Minh City in their efforts to improve urban management and promote a recovery that is inclusive, digitally transformative, and sustainable.

HSBC warns of real estate risks

HSBC warns of real estate risks

REAL ESTATE - Jun 25, 2021 | 03:06 PM GMT+7

HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.

EuroCham suggests a public-private partnership to accelerate mass vaccination

EuroCham suggests a public-private partnership to accelerate mass vaccination

LEADER TALK - Jun 25, 2021 | 03:05 PM GMT+7

With a vaccine-led approach, Vietnam can repeat its achievements in economic growth.

Covid-19 poses big challenges for US businesses in Vietnam

Covid-19 poses big challenges for US businesses in Vietnam

NEWS - Jun 04, 2021 | 03:09 PM GMT+7

AmCham called Vietnam to ease its lengthy quarantine period for vaccinated travellers.

EuroCham calls for allowing companies to vaccinate staffs out of their own pocket

EuroCham calls for allowing companies to vaccinate staffs out of their own pocket

NEWS - Jun 04, 2021 | 08:05 AM GMT+7

Four in five European business leaders agree that businesses should be able to inoculate their workforce, reducing the burden on the state budget while also helping to accelerate the government’s vaccination drive.

ADB provides $116 million loan to develop wind farms in Quang Tri

ADB provides $116 million loan to develop wind farms in Quang Tri

NEWS - May 31, 2021 | 05:30 PM GMT+7

It is ADB’s first financing of a wind power project in Vietnam, comprising a $35 million A loan directly funded by ADB and an $81 million syndicated B loan.

Keppel Land acquires another housing complex in Saigon South

Keppel Land acquires another housing complex in Saigon South

REAL ESTATE - May 31, 2021 | 05:29 PM GMT+7

The total consideration of the deal is about $16 million.

Vietnam-based developer meets global sustainability benchmarks

Vietnam-based developer meets global sustainability benchmarks

LEADER TALK - May 28, 2021 | 04:26 PM GMT+7

EZLand hopes to help clear the path and inspire fellow Vietnamese businesses to rethink their responsibility to the environment and society.

IFC provide $57 million to two wind power plants

IFC provide $57 million to two wind power plants

NEWS - May 26, 2021 | 09:34 PM GMT+7

REE expands its footprint in renewable energy, it is looking for long-term US dollar-based financing that is not readily available in the local market.

Hotels are back in investors’ sights

Hotels are back in investors’ sights

REAL ESTATE - May 26, 2021 | 04:59 PM GMT+7

Capital-raising and hotel sales highlight investor optimism for the sector’s recovery.

F&B's role in handling plastic waste

F&B's role in handling plastic waste

BUSINESS - May 25, 2021 | 08:55 AM GMT+7

Businesses in the food and beverage sector play a crucial role in orienting consumers to change their awareness and behaviours towards plastic waste.

Consumers show power in environmental protection

Consumers show power in environmental protection

BUSINESS - May 20, 2021 | 04:17 PM GMT+7

Consumers need to use their power in making purchasing decisions to express their attitudes towards businesses that are irresponsible to the environment, thereby creating pressure to promote sustainable production and consumption.

Alibaba buys into Masan’s retail arm

Alibaba buys into Masan’s retail arm

BUSINESS - May 18, 2021 | 04:16 PM GMT+7

Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia have paid $400 million to buy 5.5 per cent stake in The CrownX, retail unit of Vietnamese conglomerate Masan.

Trungnam Group affirms not to divest controlling stakes in renewable energy projects

Trungnam Group affirms not to divest controlling stakes in renewable energy projects

BUSINESS - May 18, 2021 | 01:49 PM GMT+7

Nguyen Tam Tien, general director of Trungnam Group, affirms that the company has enough resources to build and operate renewable energy projects.

Secret from balance sheets of ‘Big 4’ banks

Secret from balance sheets of ‘Big 4’ banks

NEWS - May 18, 2021 | 01:30 PM GMT+7

In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.

BIM Land raises $200 million via offshore bond

BIM Land raises $200 million via offshore bond

BUSINESS - May 18, 2021 | 01:29 PM GMT+7

This is BIM Land's first offshore bond issue after it borrowed about $140 million from IFC and Credit Suisse in 2019.

CEO AMATA reveals ways to grow fast despite crises

CEO AMATA reveals ways to grow fast despite crises

LEADER TALK - Apr 22, 2021 | 04:13 PM GMT+7

Having joined hands with the world's top corporations in different fields, combined with 30 years of experience in industrial real estate developments in Thailand, Laos, and Myanmar, AMATA is increasing its presence in the world with breakthrough projects.

SK Group chips in VinCommerce

SK Group chips in VinCommerce

BUSINESS - Apr 06, 2021 | 04:10 PM GMT+7

Transaction values VinCommerce at $2.5 billion for 100 per cent of its equity.

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