This was the main topic of a workshop themed “Managing third-party risks under Circular 18” held in Hanoi by the Vietnam Banks Association, together with PwC Vietnam and PwC Vietnam Cyber Security Services Co., Ltd.    

In 2030, wind and solar power will be more cost-effective than coal. According to the 2019 Vietnam Energy Outlook Report, the cost-effective capacity threshold will increase to more than 100GW by 2050, due to anticipated cost reduction in wind and solar technologies. 

Driven by growth momentum on the back of the ASEAN Economic Community, Vietnam’s investment picture in the region is expected to reach brighter prospects next year when the country takes over the role of the bloc’s chair. 

After more than 30 years of adopting an open investment policy, Vietnam has become one of the most successful countries in the region in garnering overseas funding.

Organisations in Vietnam are facing longer downtimes from cybersecurity breaches, compared to the regional and global averages, according to Cisco’s 2019 Asia-Pacific CISO Benchmark Study.

Despite a small supply of new projects at rather high prices, both investors and experts are optimistic about the prospects of this market – with good reason. 

Fintech companies could hold the key to driving last mile adoption of digital payments and unlocking Southeast Asia’s vast cash displacement opportunity, according to Visa, the world’s leader in digital payments.

With a double-digit growth rate, Vietnam continues to be a destination for the world’s leading footwear brands. “Made in Vietnam” footwear has been exported to more than 100 countries, with the EU and the US markets accounting for over 60 per cent of the total export value of this commodity group.  

Regulators are working to finalise the experimental legal framework (sandbox) for healthy market development, accelerating economic growth. This exponential growth will help Vietnamese fintech companies to bloom.

Vietjet president and CEO Nguyen Thi Phuong Thao has been named the APAC CEO of the Year at the 2019 Aviation 100 Awards held recently in Hong Kong.