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Vietnam in a new FDI shift

Vietnam in a new FDI shift

HSBC discusses Vietnam's role in supply chain relocation and outlined essential strategies for the country to enhance its appeal for attracting and retaining FDI.
Vietnam's economic rise fuels European optimism

Vietnam's economic rise fuels European optimism

NEWS - Apr 09, 2024 | 08:16 AM GMT+7

European businesses continue to see Vietnam as a vibrant market with promising growth prospects, according to the latest data.

Novaland strikes deal to convert bonds to shares, easing debt pressures

Novaland strikes deal to convert bonds to shares, easing debt pressures

BUSINESS - Apr 04, 2024 | 09:00 AM GMT+7

The move involves the conversion of bonds into shares, signaling a strategic maneuver to shore up the company's financial standing and navigate turbulent market conditions.

KDI Holdings and Masterise Homes forge partnership to develop holiday homes in Nha Trang

KDI Holdings and Masterise Homes forge partnership to develop holiday homes in Nha Trang

NEWS - Apr 02, 2024 | 09:05 AM GMT+7

The Vega City project has been rebranded as Libera Nha Trang.

Novaland battles debt woes despite restructuring drive

Novaland battles debt woes despite restructuring drive

BUSINESS - Apr 01, 2024 | 08:57 PM GMT+7

Prominent Vietnamese real estate developer Novaland is grappling with a staggering debt of over VND57 trillion despite concerted efforts to restructure its financial liabilities.

Masan completes $250 million investment deal with Bain Capital

Masan completes $250 million investment deal with Bain Capital

BUSINESS - Apr 01, 2024 | 03:03 PM GMT+7

The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm.

Vietnam's economy sees glimmer of hope amidst challenges

Vietnam's economy sees glimmer of hope amidst challenges

NEWS - Apr 01, 2024 | 01:53 PM GMT+7

Despite lackluster economic growth in the first quarter, analysts remain cautiously optimistic about the country's prospects, citing potential for a turnaround in subsequent quarters.

Gelex emphasizes risk management as priority

Gelex emphasizes risk management as priority

BUSINESS - Mar 30, 2024 | 10:11 PM GMT+7

In a strategic shift following years of extensive mergers and acquisitions across diverse sectors, Gelex is set to revamp its governance structure in the upcoming years.

Nexif Ratch Energy advances wind power project in Binh Dinh

Nexif Ratch Energy advances wind power project in Binh Dinh

NEWS - Mar 30, 2024 | 09:49 PM GMT+7

Binh Dinh is among a few southern central coastal provinces boasting great potential for wind power development.

Businesses struggle amid surging coffee prices

Businesses struggle amid surging coffee prices

LEADER TALK - Mar 29, 2024 | 10:28 PM GMT+7

Coffee prices have been steadily increasing over the past few months, leading export businesses to incur significant losses in order to fulfill orders.

Tan Hoang Minh chairman receives 8-year sentence for bond fraud

Tan Hoang Minh chairman receives 8-year sentence for bond fraud

NEWS - Mar 27, 2024 | 09:59 PM GMT+7

All defendants in the Tan Hoang Minh bond fraud trial were sentenced below the prosecution's indictment range, owing to newly emerged mitigating factors.

Hanoi apartment prices soar unabated, CBRE predicts continued increase

Hanoi apartment prices soar unabated, CBRE predicts continued increase

REAL ESTATE - Mar 27, 2024 | 03:44 PM GMT+7

The apartment market in Hanoi shows no signs of slowing down as prices continue to soar, with industry experts projecting further escalation until hitting the affordability threshold for prospective buyers.

Surge in demand for office space signals business confidence in Ho Chi Minh City

Surge in demand for office space signals business confidence in Ho Chi Minh City

NEWS - Mar 27, 2024 | 11:11 AM GMT+7

Businesses in the southern commercial hub are investing more in upscale, larger office spaces.

Stock firms urged to enhance system security following VNDirect cyberattack

Stock firms urged to enhance system security following VNDirect cyberattack

NEWS - Mar 26, 2024 | 09:53 AM GMT+7

VNDirect's entire system fell victim to an assault orchestrated by an international entity.

SK Ecoplant teams up with BCGE to develop renewable energy projects

SK Ecoplant teams up with BCGE to develop renewable energy projects

NEWS - Mar 24, 2024 | 11:38 AM GMT+7

SK Ecoplant is embarking on 700MW solar and wind power generation development projects in Vietnam in partnership with BCGE.

Truong My Lan faces death penalty in SCB corruption case

Truong My Lan faces death penalty in SCB corruption case

NEWS - Mar 19, 2024 | 10:43 PM GMT+7

Lan is accused of directing senior figures within SCB and Van Thinh Phat to falsify records and siphon funds from SCB.

Foreign investors concerned over power shortages

Foreign investors concerned over power shortages

NEWS - Mar 19, 2024 | 04:25 PM GMT+7

The primary concern of any investor lies in the energy reliability and immediate access to renewable energy.

T&T Group proposes additional billion-dollar power project in Quang Tri

T&T Group proposes additional billion-dollar power project in Quang Tri

NEWS - Mar 19, 2024 | 11:04 AM GMT+7

Adjacent to the rapidly advancing Hai Lang LNG project, T&T Group has put forth a proposal to invest in another monumental LNG power project, built upon the legacy of the Quang Tri 1 coal-fired thermal power plant.

Textile industry crying foul of exchange rate turbulence

Textile industry crying foul of exchange rate turbulence

NEWS - Mar 14, 2024 | 02:44 PM GMT+7

Currency and interest rate fluctuations have had a detrimental impact on garment and textile exports.

Leaders must embrace fear

Leaders must embrace fear

LEADER TALK - Mar 14, 2024 | 09:09 AM GMT+7

In the hospitality industry, leaders like general director of Furama Resort Danang Nguyen Duc Quynh recognize the necessity of prioritizing risk management amidst the unpredictable fluctuations brought about by pandemics, wars, competition,or policy changes, all of which shape the path to sustainable development.

Vietnamese airlines in race to expand international network

Vietnamese airlines in race to expand international network

NEWS - Mar 14, 2024 | 08:34 AM GMT+7

Vietnamese airlines are actively expanding their international routes to capitalize on the recovery of tourism.

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