Facebook and Google will have to install servers in Vietnam from January 1, 2019 as the Law on Cybersecurity comes into effect.
The Vietnamese beauty industry presents significant opportunities for foreign companies wishing to tap into the growing demand for international beauty products.
Vietnam has been nominated for a position as a non-permanent member of the United Nations Security Council for the term 2020-2021.
Fintech companies have grown both in quantity and quality in Vietnam in recent years.
A handful of winners have been named in a large-scale fintech challenge, providing inspiration and opportunities for many other fintechs to capture.
Leading real estate developer SonKim Land Corporation, Quoc Loc Phat JSC (Quoc Loc Phat), and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) have signed a strategic cooperation agreement and officially kicked off The Metropole Thu Thiem project in Thu Thiem New Urban Area (District 2, Ho Chi Minh City).
The trend of retail lending and the firm credit growth rate have opened a new prospect for Vietnamese banking. Talking with VIR about banking development, Barry Weisblatt, head of research at Viet Capital Securities, has expressed his belief in the Vietnamese banking sector, especially in Techcombank.
Buoyed by a fast-growing economy and increasing demand for long-range passenger services, Boeing (NYSE: BA) projects that airlines in Southeast Asia will need 940 wide-body aircrafts over the next 20 years, which will cost approximately $280 billion.
Aiming to raise ownership in Vinamilk, Singapore-based F&N Dairy Investment has been repeatedly registering to buy over 14 million shares. This is the 15th time the investor has professed to its ambition of raising ownership in Vinamilk.
The arrival of China-based mobile manufacturers, including Oppo, Huawei, Xiaomi, and Vivo into the mid-end smart phone market in Vietnam has made giants like Sony and Microsoft to withdraw from the market.