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IFC lists Vietnam among its largest investment destinations in Asia-Pacific

IFC lists Vietnam among its largest investment destinations in Asia-Pacific

NEWS - Sep 09, 2023 | 11:07 AM GMT+7

IFC’s total commitments in Vietnam reached close to $1.9 billion in fiscal year 2023 ending June 30, of which $520 million was in long-term finance. It make Vietnam becomes one of five Asia – the Pacific countries having largest investment from IFC.

Savills warns Phu Quoc of losing tourism appeal

Savills warns Phu Quoc of losing tourism appeal

NEWS - Aug 16, 2023 | 11:58 PM GMT+7

Many developers' rushing to build hotels without careful planning is posing threats to the island's attractiveness.

Navigating crisis with one page for change

Navigating crisis with one page for change

BUSINESS - Aug 09, 2023 | 08:58 PM GMT+7

While the core principle of OKRs (objectives and key results) is "shared goals lead people", in many Vietnamese businesses, OKRs remain "managers lead people". This indicates that goal management in Vietnam is highly subject to cultural factors and intuitive judgements.

Could Vietnam become the world's tungsten recycling hub?

Could Vietnam become the world's tungsten recycling hub?

LEADER TALK - Jul 31, 2023 | 09:08 AM GMT+7

Craig Richard Bradshaw, CEO of Masan High-Tech Materials, shares the company’s ambition to turn Vietnam into the world's leading supplier of high-quality tungsten.

VinFast breaks ground on EV plant in North Carolina, greenlit to list in the US

VinFast breaks ground on EV plant in North Carolina, greenlit to list in the US

BUSINESS - Jul 29, 2023 | 10:05 AM GMT+7

VinFast has broken ground at its electric vehicle manufacturing site in North Carolina, marking a significant milestone toward its global expansion and the company’s supply chain development in North America.

Gamuda Land set to acquire $1.1 billion development in Ho Chi Minh City

Gamuda Land set to acquire $1.1 billion development in Ho Chi Minh City

BUSINESS - Jul 21, 2023 | 03:46 PM GMT+7

Gamuda’s property arm Gamuda Land has entered into an agreement to acquire a 3.7-hectare site in Thu Duc City in Ho Chi Minh City for approximately $316 million.

Thomson Medical acquires FV Hospital

Thomson Medical acquires FV Hospital

BUSINESS - Jul 12, 2023 | 11:34 PM GMT+7

The acquisition is the largest-ever transaction in Vietnam’s healthcare sector, paving way for the group’s expansion across Southeast Asia.

Japan signs to provide Vietnam $422 million assistance

Japan signs to provide Vietnam $422 million assistance

NEWS - Jul 12, 2023 | 11:16 PM GMT+7

The ODA loans Japan provides include $346.7 million for the socio-economic recovery and development of Viet Nam post-covid-19 pandemic, $43.3 million for the public transport infrastructure improvement in Binh Duong province, and $32.8 million for upgrading infrastructure for agricultural development in Lam Dong province (phase 1).

WinMart brings American tastes closer to local consumers

WinMart brings American tastes closer to local consumers

NEWS - Jul 05, 2023 | 11:39 AM GMT+7

The United States Department of Agriculture’s Foreign Agricultural Service in Hanoi partners with WinMart, one of the fastest-growing retailers in Vietnam, to bring American tastes closer to Vietnamese consumers.

IAR appoints SH Consulting as a distributor in Vietnam

IAR appoints SH Consulting as a distributor in Vietnam

NEWS - Jul 05, 2023 | 08:00 AM GMT+7

Their partnership will allow IAR and SH Consulting to provide software development tools and services to the growing automotive industry in Vietnam.

Vietnam powers ahead towards clean energy and green growth

Vietnam powers ahead towards clean energy and green growth

LEADER TALK - Jul 04, 2023 | 08:20 AM GMT+7

The energy storage technologies, including pumped-hydro and battery energy storage systems (BESS), are instrumental in integrating larger volumes of variable renewable energy generation into the power grid while ensuring its safety and reliability.

Southern Vietnam builds 3 key highways

Southern Vietnam builds 3 key highways

NEWS - Jun 20, 2023 | 09:45 AM GMT+7

The projects with a total length of nearly 250km have a combined investment capital of $4.8 billion.

Hanoi to inspect 81 foreign-invested projects

Hanoi to inspect 81 foreign-invested projects

NEWS - Jun 16, 2023 | 10:33 AM GMT+7

The inspection will be implemented from April to the end of November 2023.

APAC corporate leaders call for clean energy coalitions

APAC corporate leaders call for clean energy coalitions

LEADER TALK - Jun 16, 2023 | 10:32 AM GMT+7

Frustrated by inconsistent government policy, companies in the APAC region are taking the lead and calling for intercompany coalitions to advance sustainability goals.

Leading the boardroom with flexibility

Leading the boardroom with flexibility

LEADER TALK - May 30, 2023 | 11:56 PM GMT+7

Having lengthy and strict workspace commitments can stifle a company’s growth strategy and inability to pivot when it needs to.

Resilient supply chains for Vietnam’s green transition

Resilient supply chains for Vietnam’s green transition

LEADER TALK - May 13, 2023 | 09:56 AM GMT+7

Overcoming supply chain woes could boost Vietnam's economy by $1.9 billion and strengthen businesses’ operations and their competitiveness on the global stage over the long term.

Foxconn buys land for a new plant in central Vietnam

Foxconn buys land for a new plant in central Vietnam

NEWS - May 13, 2023 | 09:55 AM GMT+7

Apple's supplier will deploy its new electronic component production project on a total area of 48 hectares in Nghe An province.

Vietnamese tourism - from ‘disappointment’ to ‘a temple of delights’

Vietnamese tourism - from ‘disappointment’ to ‘a temple of delights’

NEWS - Apr 26, 2023 | 11:11 AM GMT+7

When foreign visitors come to Vietnam they may travel to famous sites nationwide such as Cau Vang (Golden Bridge) in Da Nang or Fansipan Mt Cable Car Station in Sa Pa, or they may drop in a restaurant with an English menu, with all of these things having something in common.

Check-in points at Sun World Ba Na Hills

Check-in points at Sun World Ba Na Hills

REAL ESTATE - Apr 19, 2023 | 08:50 AM GMT+7

Sun World Ba Na Hills, as attractive and classy as "Disneyland" in Vietnam, will bring tourists lost in endless joy this summer with a series of festivals, exciting events, fascinating events, and world-class works of unique international stature.

Masan High-Tech Materials aims high

Masan High-Tech Materials aims high

BUSINESS - Apr 19, 2023 | 08:00 AM GMT+7

The company expects net revenue in 2023 of $702 million to $775 million, a year-on-year increase from 6 to 17 per cent.

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