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Phu Yen JSC wins $186-million loan from ADB to build solar power plant

Phu Yen JSC wins $186-million loan from ADB to build solar power plant

The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) has signed a $186 million loan to develop and operate a 257 MW solar power plant in Hoa Hoi, Phu Yen province, through the country’s first certified green loan.
Nghe An greenlights two FDI projects

Nghe An greenlights two FDI projects

NEWS - Oct 19, 2020 | 04:02 PM GMT+7

The central province has granted the investment registration certificate to a $100 million project and the investment memorandum for a $300 million project.

GWEC calls on Vietnamese government to extend wind energy tariff

GWEC calls on Vietnamese government to extend wind energy tariff

NEWS - Sep 25, 2020 | 08:00 AM GMT+7

Without clarity on the feed-in-tariff (FiT) scheme from 2022 onward, investors are facing too much uncertainty to commit to new wind projects in Vietnam, jeopardizing the future pipeline and leading to job cuts in the sector.

Vietjet to resume international flights

Vietjet to resume international flights

NEWS - Sep 17, 2020 | 08:00 AM GMT+7

Vietjet resumes regular international flights to Japan, South Korea and Taiwan to meet the needs of passengers for safe learning, working and travelling.

Vietnam’s construction industry adopts geospatial technology

Vietnam’s construction industry adopts geospatial technology

LEADER TALK - Sep 16, 2020 | 04:12 PM GMT+7

Dr. Hoang Hiep, Portcoast team leader of the project on Hyosung Vina chemicals port says that two pivotal factors contributing to work construction’s digitalization are laser scanners and people.

Nestlé Vietnam’s answer to Covid-19

Nestlé Vietnam’s answer to Covid-19

LEADER TALK - Sep 08, 2020 | 03:53 PM GMT+7

Amidst the novel pandemic, Nestlé Vietnam shows its different way to combat, based on its sustainability objectives.

Second wave of Covid-19 dampens hopes for quick tourism recovery in 2020

Second wave of Covid-19 dampens hopes for quick tourism recovery in 2020

REAL ESTATE - Aug 25, 2020 | 02:20 PM GMT+7

The performance of hotel industry in the third quarter of 2020 will not see much improvement as Vietnam has faced a second wave of Covid-19 since late July, CBRE said.

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.

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