The Ministry of Planning and Investment has pointed out a series of limitations within the newest draft of the National Power Development Plan VII, asking the Ministry of Industry and Trade to supplement missing content and adjust existing calculations.
A handful of local and foreign banks are leveraging their insights and optimising financial resources to promote energy and power transition in Vietnam, thus contributing to the country’s sustainable national energy policy.
While businesses are facing an uphill struggle this year, a lot of opportunities related to digital transformation are now available for them to aim higher. Nguyen Manh Hung, Minister of Information and Communications, writes about the potential ahead.
To shed light on the impact the global health crisis – and ongoing recovery – has had on small businesses globally, Mastercard released its latest report “Recovery Insights: Small Business Reset”.
Foreign direct investment (FDI) flows into Vietnam are shifting to hi-tech sectors, Assoc. Prof. Dr. Ha Van Hoi from the UEB-VNU has said.
Vietnam always attaches importance to the Strategic Cooperative Partnership with the Republic of Korea (RoK) and is ready to work closely with the RoK to optimise existing mechanisms between the two countries to elevate bilateral cooperation, Prime Minister Pham Minh Chinh told RoK Ambassador to Vietnam Park Noh-wan during a reception in Hanoi on October 12.
While a number of foreign companies have moved part of their production or orders to other countries, many still see Vietnam as a good location for investment in the long term.
Masan has announced cooperation agreements with several foreign investment funds amid the pandemic, showing its global appeal.
Promoting the inclusive development of sustainable, resilient, digitally-enabled, and innovative micro-, small-, and medium-sized enterprises (MSMEs) in the Asia-Pacific Economic Cooperation (APEC) is central to navigating COVID-19 recovery.
Automaker VinFast, a subsidiary of conglomerate Vingroup, sold 3,497 vehicles in September, posting a month-on-month surge of 51.4 percent despite the COVID-19 pandemic.
In the last three months of the year, enterprises in the manufacturing and processing industries will be facing difficulties in recruiting a large number of employees.
Nanya Technology, the major Taiwanese maker of dynamic random-access memory (DRAM) chips, has expressed concerns over the chip shortage as lockdowns in Souhtheast Asia, including Vietnam, and Chinese power outrages could dampen the upbeat outlook.
After completing the acquisition of the Emart hypermarket system, Truong Hai Auto Corporation (THACO) is planning to open two more Emart outlets in Ho Chi Minh City next year.
Vietnam is on its way to transform its digital landscape, by aiming to deploy 5G commercially as soon as possible. In addition, four associated technology shifts that work in tandem with 5G will likely co-create a strong market momentum.
Many Japanese companies are looking to transfer part of their production chain to Vietnam in the near future as Covid-19 had disrupted several manufacturing stages.
Masan High Tech Materials Corporation was highlighted as a model to follow at the eighth ASEAN Ministerial Meeting on Minerals (AMMin) and related meetings (21st ASEAN Senior Officials' Meeting on Minerals [ASOMM] and the 14th ASOMM+3 Meeting) held on October 6-8.
The Asian Development Bank (ADB) and the Ministry of Planning and Investment (MPI) have launched the “ADB Ventures supporting impact startups” project today, which is expected to release venture capital for the private sector of Vietnam.
Businesses in the health sector are expected to benefit from a reduction and simplification of business conditions by the government.
Foreign companies are still beefing up investment in Vietnam’s packaging industry as they bet on the long-term prospects of the market.
As businesses start to adapt and live with the pandemic in Vietnam, supply chain modernisation has become more important than ever to facilitate this process. Callum Maxwell, senior consultant of TMX shared with VIR’s Thanh Van his insights into best practices in supply chain modernisation in the country and how companies can lead the way.