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Grab driving to break into e-payment sector
After winning a significant foothold in the Vietnamese ride-hailing market, Grab plans to drive further growth by adding new services and branching out into the online payment sector.
Mondelez Kinh Do launches Joy Schools nutrition programme
Vietnam-Republic of Korea trade ties are flourishing with trade revenue growing from US$500 million in 1992 to US$45 billion in September this year. But the number of Vietnamese brands in Korea remains small.
Winners of Practical Money Skills 2017 announced
Students from six universities were announced as the winners of Practical Money Skills 2017, a financial literacy programme designed to help young Vietnamese adults learn how to budget, save, and spend responsibly.
Hanwha Life Vietnam launches “Health is Wealth” insurance package
Hanwha Life Insurance Co., Ltd. (Hanwha Life Vietnam) has officially launched the new insurance package called “Health is Wealth” in Ho Chi Minh City, with the intent of delivering optimal insurance services to promote individuals and households’ overall well-being in Vietnam.
Sabeco holds roadshows in Singapore and UK
In order to draw more attention from foreign investors, the Ho Chi Minh City Stock Exchange will organise roadshows in Singapore and the UK to introduce investment opportunities in Saigon Beer, Alcohol and Beverage Corporation (Sabeco).
EU firms call Vietnam’s central region home
Central Vietnam is developing as a leading investment destination for European businesses. Gellert Horvath, co-chairman of the European Chamber of Commerce in Vietnam, discussed with VIR the region’s promising business outlook ahead of the EuroCham Central Vietnam Business Forum on November 24.
Investment-paradise Vietnam catches eye of Silicon Valley venture capital firm
Silicon Valley-based Fenox Venture Capital announced intentions to pour capital into Vietnam after immense investments in Indonesia in the last several years.
Sembcorp increases stake in VSIPPL
Sembcorp Industries’ wholly-owned subsidiary Sembcorp Development has entered into a sale and purchase agreement that will increase its interest in Vietnam Singapore Industrial Park Pte., Ltd. from 92.9 to 96.6 per cent.
Cybersecurity regulations to cause massive hit to IT firms
Article 34 of Clause 4 in the draft Law on Cybersecurity has not yet received support from foreign firms and local law makers because it will affect firms’ performance as well as Vietnam’s steady march towards a digital economy.
Without support, e-vehicles still rise
Electric vehicles are seeing positive signs on the road to market expansion in Vietnam, but there remain obstacles that must be traversed in order to move ahead.