Foreign direct investment in Ho Chi Minh City’s real estate sector continues to rise across residential, office, and retail segments.

Making an entrance into the Vietnamese banking landscape as representative offices, then moving up the ladder to become branches and 100% foreign-owned units when the right time came, Japanese and Korean financial institutions are taking careful steps to strengthen their footholds in the country.

Amid a steady rise of foreign direct investment into Vietnam, domestic companies have also been making endeavours to expand their overseas presence.

On May 23, on the occasion of US President Barack Obama’s visit to Vietnam, GE and the Ministry of Industry and Trade signed an agreement to develop new wind farms with a total capacity of 1,000 megawatts by 2025. 

The 21st century workplace is experiencing swift changes due to globalisation and technology. As this phenomenon continues, Jaideep Iyengar, commercial HR lead for Asia at Monsanto Company, spoke with VIR’s Nam Phuong on new competencies required for modern employees.

Global Finance Magazine announced its 2016 best digital bank awards and Citi Vietnam was recognised as Best Digital Bank for Consumer Banking and Best Digital Bank for Corporate/Institutional Banking at the same time.

Automobile makers in Vietnam cannot take advantage of the booming demand for cars of the people due to a sore lack of parts suppliers.

Hoa Sen Group (HSG)’s $10.6-billion industrial zone, steel manufacturing and port complex set to be built in the central province of Ninh Thuan will have to comply with more stringent rules than Taiwanese company Formosa’s complex in Ha Tinh.

The Hanoi People’s Committee has approved in principle to allow Binh Duong Investment and Trade JSC (Becamex ITC) to study the development of a software and digital content park in the capital’s Dong Anh district, according to newswire Cafef.

Many foreign banks have recently set up wholly-owned operations or opened new branches in Vietnam.