Hoiana golf tournament raises $473,000 for disadvantaged children in Quang Nam province

Hoiana golf tournament raises $473,000 for disadvantaged children in Quang Nam province

Hoiana Resort & Golf has raised over VND1.2 billion ($473,000) from holding a charity golf tournament to support disadvantaged children in the central province of Quang Nam.

Travel - Sun, April 28, 2024 | 7:14 pm

Mekong Delta province okays $3.1 bln LNG-to-power plants plan

Mekong Delta province okays $3.1 bln LNG-to-power plants plan

Vietnam’s Mekong Delta province of Long An has approved implementation plans for the Long An 1 and Long An 2 LNG-to-power plant project, aiming for commercial operations from June 2028 and June 2031, respectively.

Energy - Fri, April 19, 2024 | 9:14 pm

Prospects remain bright for Vietnam economy despite geopolitical conflicts: UOB

Prospects remain bright for Vietnam economy despite geopolitical conflicts: UOB

With performance in the first quarter coming within expectations and a positive start to 2024, prospects for Vietnam this year remain positive despite downside risks stemming from geopolitical tensions, Singapore-based UOB said in a note.

Economy - Tue, April 2, 2024 | 11:21 am

WB retains 2024 growth forecast for Vietnam at 5.5% despite Q1 surge

WB retains 2024 growth forecast for Vietnam at 5.5% despite Q1 surge

The World Bank has kept its growth projections for Vietnam’s GDP at 5.5% for 2024 and 6% for 2025, unchanged from its forecasts in October 2023, despite the country’s Q1 growth hitting a five-year high on a quarterly basis.

Economy - Mon, April 1, 2024 | 10:54 am

Vietnam policies to remain the same despite president’s resignation: VinaCapital

Vietnam policies to remain the same despite president’s resignation: VinaCapital

The surprise resignation of Vietnamese President Vo Van Thuong on Wednesday after being in office for only a year will have no bearing on Vietnam’s economic development or other policies, asset management firm VinaCapital has commented.

Economy - Thu, March 21, 2024 | 3:56 pm

VinaCapital Ventures invests in conferencing communication provider Quickcom

VinaCapital Ventures invests in conferencing communication provider Quickcom

VinaCapital Ventures is leading an ongoing $1.5 million seed funding round in Vietnam-based video conferencing communication provider Quickom, which has proprietary, U.S.-patented technology.

Finance - Thu, March 7, 2024 | 9:30 pm

Valuations of VN-Index are 'really cheap now': VinaCapital economist

Valuations of VN-Index are 'really cheap now': VinaCapital economist

VN-Index is trading at a P/E (price to earnings) of 10x in fiscal year 2024, 25% below the valuation of its regional emerging market peers, writes Michael Kokalari, chief economist of VinaCapital.

Consulting - Thu, February 22, 2024 | 3:58 pm

Vietnam’s new export orders set to continue rising on strengthening US economy: VinaCapital

Vietnam’s new export orders set to continue rising on strengthening US economy: VinaCapital

Vietnam’s new export orders are expected to continue growing in the months ahead due to the surprising strength of the U.S. economy, as evidenced by the highest level of US consumer confidence since the Covid-19 reopening boom, says Vietnam-focused fund manager VinaCapital.

Economy - Tue, February 20, 2024 | 3:14 pm

Vinacapital Danang golf course project changes name, nature of land use

Vinacapital Danang golf course project changes name, nature of land use

The Vinacapital Danang Golf Course project in the central city of Danang will be renamed the “New Town Hi-end Sport Service and Commercial Urban Area,” the municipal administration has decided.

Companies - Sun, January 21, 2024 | 10:03 am

Smart diversification an impressive feature of Vietnam's textile sector: RMIT lecturer

Smart diversification an impressive feature of Vietnam's textile sector: RMIT lecturer

What's really impressive about Vietnam's textile sector is how it's spread its wings across 104 countries and territories. This isn't just about selling more, it's about smart diversification – selling different products to different places, writes Dr Bui Duy Tung, economics lecturer at RMIT Vietnam.

Consulting - Sat, January 20, 2024 | 8:08 am

Vietnam seeks expertise from global financiers for HCMC financial center

Vietnam seeks expertise from global financiers for HCMC financial center

The Vietnamese government is seeking assistance from world leading banks and financial investment funds for the building of a financial center in Ho Chi Minh City, the country’s largest economic hub.

Economy - Thu, January 18, 2024 | 10:40 pm

Vietnam is not in aftermath of a real estate's bubble: VinaCapital economist

Vietnam is not in aftermath of a real estate's bubble: VinaCapital economist

In a typical real estate “boom and bust” cycle, banks lend too much money to property speculators and real estate developers, which results in the market becoming vastly oversupplied with new housing units, which is not happening in Vietnam, writes Michael Kokalari, chief economist of VinaCapital.

Consulting - Sun, January 14, 2024 | 2:13 pm

Vietnam’s domestic consumption rebound driven by employment growth

Vietnam’s domestic consumption rebound driven by employment growth

One reason sentiment and spending started recovering in the middle of last year is that the employment picture started improving around that time, writes Michael Kokalari, chief economist of VinaCapital.

Consulting - Sat, January 13, 2024 | 3:54 pm

Vietnam’s exports to rebound: VinaCapital economist

Vietnam’s exports to rebound: VinaCapital economist

Vietnam’s longest streak of falling exports in over a decade has already bottomed out and export growth is likely to accelerate to some degree throughout 2024, writes Michael Kokalari, chief economist of VinaCapital.

Consulting - Fri, January 12, 2024 | 8:11 am