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Vietnam a new promised land for retail franchisers

The Hanoitimes – More international franchises want to penetrate the market to capitalize on the fast-growing demand in food and beverage, retail, and various services. Foreign franchisers are eyeing the Vietnamese convenient store market, expecting significantly from the new profitable business model. According to Yun Ju Young, managing director of GS25 Vietnam, besides South Korea, other […]

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Vietnam FDI inflows up 6.3%

HANOI: Vietnam received US$11.96bil in foreign direct investment (FDI) in January-August, up 6.3% from the same period a year earlier, the Planning and Investment Ministry said. However, FDI pledges – which indicate the size of future FDI disbursements in the January-August period – fell 7.1% from a year earlier to US$22.63bil. Of the pledges, 69.6% […]

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New Corporate Governance Code brings best practices to Vietnamese firms

The Hanoitimes – This is the first corporate governance code developed and released specifically for the Vietnamese market, in compliance with current legislation. Launched in mid-August 2019, the “Vietnam Corporate Governance Code of Best Practices” is expected to raise the quality of corporate governance in Vietnamese public and listed companies, according to PwC. The “Vietnam Corporate […]

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Rare earth mining, textiles and ICT manufacturing seen as areas Vietnam can benefit from trade war

Even as the US-China trade war intensifies, analysts at Fitch Solutions Macro Research said that the rare earth mining, textiles manufacturing and information and communications technology (ICT) manufacturing sectors of the Vietnamese economy will benefit from the changes brought on by the US-China trade war, namely the supply chain shift out of China. Rare earth […]

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Cambodia: Flag carrier to fly to Da Nang

Cambodia Angkor Air, the national flag carrier, plans to launch a direct flight to Da Nang, in central Vietnam, in October. For in depth analysis of Cambodian Business, visit Capital Cambodia The company revealed its plans during a meeting on Thursday with the Ministry of Tourism. During the meeting, Cambodia Angkor Air CEO Hoang Manh Tuan […]

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Opportunities to start up in Vietnam

ENTERPRISE Singapore’s regional director (Ho Chi Minh City) Leon Cai, and regional director (Hanoi) Hong Anh Bui Thi identify some of the key developments in Vietnam’s startup scene and explains why SIngapore companies should consider this growing market. 1. What are some of the latest developments in Vietnam’s startup scene right now and its strengths? […]

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