Vietnam’s approach to sustainable energy and the emergence of wind energy in the market offer tremendous opportunities for Norwegian companies.

With the issuance of the ground-breaking Law on Public-Private Partnership Investment, private groups have voiced expectations for future guiding decrees, requesting to extend the risk-sharing mechanism to completed and ongoing projects.

The current pandemic has not only put mounting pressure on the quality of Vietnamese banks’ assets and profitability but also hampered some lenders’ cross-border mergers, forcing them to take different approaches to their foreign ownership limit.

Ten years after the Vietnam-Japan Economic Partnership Agreement entered into force in 2009, with import tariffs removed already, Japanese consumer goods suppliers are looking into bolstering their presence in the Vietnamese market amid local and regional competition.

Despite market gyrations, Southeast Asia and Vietnam especially remain on the radar of high-calibre foreign investors.

Vietnam is accelerating construction to support establishment of smart city projects combined with top-class technology to enhance both the country’s management and the economy.

Plans by the United States to ban Chinese cotton is unlikely to affect Vietnam’s garment and textile industry as a large portion of the materials the Southeast Asian nation imports come from the US.

Despite the ongoing trade tensions between major economies, and the pandemic, supply chain shifts of Japanese investors are still taking place, mostly in the form of specifically targeted production expansions, with Vietnam being one of the prioritised destinations.

Facing the heavy aftermath of the COVID-19 pandemic, Vietnam is trying to further develop its smart cities. Pham Thai Lai, CEO of Siemens ASEAN and Vietnam, talked with Vietnam Investment Review about the obstacles facing cities today and the role of Siemens in supporting the country’s cities to become smarter.

Vingroup rejects rumour about selling its stake in Vinmec and Vinschool, reiterating that these two systems play a crucial role in the group’s ecosystem.