The Investor's parent entity VAFIE attains Vietnam Business Forum membership
Vietnam's Association of Foreign Invested Enterprises (VAFIE), the parent entity of The Investor, has joined the Vietnam Business Forum (VBF) Consortium as an associate member.
VAFIE icon (bottom, right) featured under the VBF umbrella. Photo courtesy of the VBF
VAFIE's expertise in the foreign investment sector “will greatly enhance our collaborative efforts to drive economic growth and development,” the VBF said in a Wednesday statement.
The association’s participation also aligns with the VBF’s mission to foster dialogue between the private sector and the Vietnamese government, it added.
The VBF umbrella now consists of six consortium members and nine associate members comprising local and foreign business chambers and associations. The forum strives to connect different business communities in Vietnam towards ensuring delivery of collective messages to the government.
Delegations of the VBF (left) and VAFIE meet in Hanoi, August 7, 2024. Photo courtesy of The Investor/Nguyen Thoan.
VAFIE and VBF met last week to discuss the former’s participation in the consortium. The VBF delegation included co-chairman Michael Nguyen, also vice chairman of the AmCham and board member David John Whitehead, also an AusCham board member.
The VBF delegation expressed the hope that VAFIE’s participation would help the forum make recommendations on building Vietnam’s legal framework.
Nguyen Anh Tuan, VAFIE standing vice chairman, said the association would make the best recommendations to assist VBF in promoting updates to the country’s policies.
He also highlighted the advantage of VAFIE’s publication, The Investor (theinvestor.vn), and its sister site in Vietnamese nhadautu.vn, which carry reports on Vietnam’s business environment in a fair and timely manner.
- Related News
- Read More
Third round of Vietnam-US reciprocal trade pact talks sees 'significant progress'
The third technical round of negotiations for a reciprocal trade agreement between Vietnam and the U.S. has concluded in Washington, D.C., with "significant progress made and gaps narrowed in all areas of negotiation," according to Vietnam’s Ministry of Industry and Trade.
Economy - Sun, June 15, 2025 | 9:57 pm GMT+7
HCMC seeks to expand infrastructure cooperation with Guangdong-Hong Kong-Macao Greater Bay Area
Ho Chi Minh City is aiming to expand cooperation with the Guangdong-Hong Kong-Macao Greater Bay Area (China) in infrastructure, one of the city’s key sectors following its merger with Binh Duong and Ba Ria-Vung Tau provinces.
Economy - Sun, June 15, 2025 | 8:00 pm GMT+7
Digital assets legalized in Vietnam
Vietnam has officially legalized digital assets with the approval of the Law on Digital Technology Industry by the National Assembly, the country's legislature, on Saturday.
Finance - Sun, June 15, 2025 | 3:07 pm GMT+7
$2.5 bln LNG power plant in northern Vietnam set for groundbreaking in late 2025
A $2.56 billion LNG-fueled power project in the northern Vietnam province of Thai Binh is slated to break ground later this year, according a project report dated June 2025.
Energy - Sun, June 15, 2025 | 10:06 am GMT+7
Vietnam’s tech unicorn VNG expects 2025 loss to narrow by 47%, plans name change
VNG Corporation, Vietnam’s first tech unicorn, projects a net loss of VND620 billion ($2.38 million) in 2025, down 47% from last year.
Companies - Sun, June 15, 2025 | 8:00 am GMT+7
Prime Minister suggests AstraZeneca build pharma factory in Vietnam
Vietnam is willing to license AstraZeneca immediately to build vaccine and pharmaceutical factories, said Prime Minister Pham Minh Chinh.
Industries - Sat, June 14, 2025 | 10:59 pm GMT+7
Sugary drinks subject to excise tax in Vietnam from 2027
Sugary drinks in Vietnam will be subject to an 8% excise tax starting in early 2027 and 10% from 2028, according to the adjusted Excise Tax Law, passed by the parliament on Saturday.
Economy - Sat, June 14, 2025 | 4:56 pm GMT+7
Ericsson should focus on 6G research, build database for AI in Vietnam: Prime Minister
Prime Minister Pham Minh Chinh has suggested Ericsson's cooperation with Vietnam should focus on piloting innovation initiatives, 6G research, and building a database for AI in the country.
Economy - Sat, June 14, 2025 | 3:59 pm GMT+7
Swedish giants H&M, Syre to scale up operations in Vietnam
H&M, a globally renowned fashion brand from Sweden, plans to expand its network of stores in Vietnam to over 20 in the time to come, said CFO Adam Karlsson.
Industries - Sat, June 14, 2025 | 2:16 pm GMT+7
Leading industrial park developer Becamex to gain from Binh Duong province’s merger into HCMC: broker
Becamex IDC Corp, a leading urban and industrial park developer based in Binh Duong, is expected to benefit from the province’s merger into Ho Chi Minh City, with many new development opportunities, according to Vietcombank Securities (VCBS).
Companies - Sat, June 14, 2025 | 8:00 am GMT+7
Vietnam Airlines secures $1.5 bln funding from ING Bank for strategic expansion
Vietnam Airlines and ING Bank have signed an MoU for bilateral financial cooperation, securing capital funding of up to $1.5 billion.
Companies - Fri, June 13, 2025 | 10:56 pm GMT+7
Lawmakers scrutinize dual-city international financial center plan
Discussing a draft resolution on establishing an international financial center in Vietnam, some parliament members have proposed careful consideration of a dual-city model based on regional development strategies and investment efficiency.
Finance - Fri, June 13, 2025 | 10:49 pm GMT+7
Vietnam among world’s most food-self-sufficient nations: study
As concerns mount over the potential for disruptions to global trade, a new study published in the journal Nature Food has identified Vietnam as one of the few countries with a high level of food self-sufficiency, capable of withstanding major interruptions to food imports and exports worldwide.
Southeast Asia - Fri, June 13, 2025 | 10:41 pm GMT+7
Bad debts at Vietnamese commercial banks remain a concern
While the most challenging period for bad debts in Vietnam appears to have passed, potentially irrecoverable debts have reached a record high, accounting for 1.25% of total outstanding customer loans, or more than VND176 trillion ($6.74 billion), according to a new report by research firm Vietnam Report JSC.
Banking - Fri, June 13, 2025 | 7:58 pm GMT+7
Vietnam's galvanized steel major Ton Dong A to focus on domestic sales amid export market woes
Ton Dong A, a leading galvanized steel manufacturer in Vietnam, will focus more on the domestic market due to export difficulties, raising the ratio of domestic sales to 75%.
Companies - Fri, June 13, 2025 | 4:56 pm GMT+7
Vietnam's leading construction materials maker Viglacera appoints new chairman
The board of directors of Viglacera, Vietnam's leading construction materials maker, has appointed Tran Manh Huu as new chairman, succeeding Nguyen Van Tuan.
Companies - Fri, June 13, 2025 | 3:08 pm GMT+7
