All About Vietnam
Discover Modern Vietnam
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Transitioning to Electronic Invoicing
Vietnam will transition from paper invoices to electronic invoices, if the proposal from Ministry of Finance is accepted at the beginning of 2018 – effectively in less than five months time. Replacing paper invoicing with electronic invoicing is an inevitable trend in a dynamic economy, delivering a great number of benefits for both buyers and
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CBRE: Vietnam Hospitality Infographics
October 28th, 2016 Our friends at CBRE recently sent us infographic reports on Vietnam’s infrastructure and Vietnam’s retail sector. Today, they’ve repeated the favor by sending us another set of detailed infographics on Vietnam’s hospitality sector. Below, you will find charts detailing the latest hospitality developments throughout Vietnam. You will also see breakdowns by market and year. If you found
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Market Recap – PM Signs Decree to Broaden Foreign Ownership
June 2015 PM Signs Decree to Broaden Foreign Ownership The VNI had one of its best performing months, rising 4.1% to close within striking distance of 600 points. Investors were energized by the signing of a new decree to allow for broader FOL. The VNI’s 8.9% gain YTD puts it on top of other ASEAN
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CBRE Real Estate Outlook – Part 1 (Economic Outlook + Retail Sector)
February 23, 2016 ECONOMIC OUTLOOK Vietnam has recorded constant high real GDP growth since 2007 despite the period of economic downturn in 2008-2012, with an average real GDP annual growth of 6.15%. The structure of Vietnam’s GDP is shifting towards manufacturing, construction and services while the contributions from agriculture, forestry and fishery are getting smaller.
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Vietnam Outlines Vision for Renewable Energy
Vietnam will ramp up its renewable energy use from now to 2030, according to a national renewable energy strategy for 2030 with a vision to 2050, approved last week by the Prime Minister. The strategy, which aims to help the country realize its sustainability and green economic growth goals, specifies the percentage of renewable energy
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Vietnam Growth Fueled by Foreign Investment
September 29, 2015. After the 2008 financial crisis, Vietnam and many other countries experienced extreme economic decline, with Vietnam’s economy becoming increasingly reliant on foreign investment to spur growth. Nearly reaching a recession, Vietnam saw a 5.25% decrease in GDP growth in 2012 after routinely achieving 7% growth rates. This year, though, lower inflation—led by
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Fashion Retailer H&M Announces 2017 HCMC Opening
Fashion powerhouse, H&M will be opening their first Vietnam store in Ho Chi Minh City in 2017. The Swedish-based retailer announced an aggressive global store expansion plan for next year with a commitment to sustainability in each new country they enter. “Being a global brand comes with a lot of responsibility. We take this responsibilty
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Video – Michelle Phan’s Culinary Adventures in Vietnam
Michelle Phan has done it again! This time in the streets of Vietnam. Check out ‘Michelle Phan in Vietnam’ series on her lifestyle platform, ICON Network, where she eats her way through Saigon, Da Nang and Hanoi. The below clip shows Phan sampling nuoc mia and pancake and waffles on a makeshift sidewalk stall. The clip also includes
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Passion for Pets: Exclusive Interview with the Publishers of Vietnam’s First Pet Magazine
March 16, 2016 VietnamAdvisors talks with Wayne Capriotti & Khanh Ngoc, the publishers of the first ever pet magazine in Vietnam, Mê Thú Cưng (Passion for Pets). What led to the development of your pet magazine, Me Thu Cung? What was your inspiration and motivation for the magazine? The inspiration for Me Thu Cung begun
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Casting Call HCMC Em Chua 18
September 27, 2016 Please share far and wide to all actors and aspiring actors.
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VINGROUP Sowing the Seeds for Sustained Growth
VIC announced mixed FY2015 unaudited consolidated results with an above expectation topline of VND33.8 trillion (+22.0% y/y) even as the bottom line undershot by 62% y/y. SG&A increased given a slew of new product launches and rapid expansion in certain segments including retail. Revenue structure tilting more towards recurring income when residential segment has started new investment cycle which we expect the harvest stage will fall in FY2017.
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100 Years of Beauty: Vietnam
100 Years of Beauty: Vietnam Stunning Vietnamese model, Isabelle Du, is captured in this beautiful video showing how fashion, hairstyles and attitudes change as the decades fly by. Video courtesy of 100YOB. Hair: Lindsey Watkins http://lindseywatkins.com/ Meghann Oliberos Makeup: Stacie Thomas http://www.artistrybystacie.com/ Makeup Assistants: Rachel Jordan Sarah Piha Music: “The Truth” Krupa
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The World’s First-Ever Vietnam Tax Infographic
August 29, 2016 We present the world’s first infographic on Vietnamese tax rates. It was created by Grant Thornton chairman and our long-time contributor Kenneth Atkinson specifically for VietnamAdvisors. Nowhere else will you find a breakdown this comprehensive.
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Moody’s: Vietnam Banking System Outlook Stable
Moody’s Investor Service has assigned a stable outlook to the Vietnamese banking system, backed by more positive indicators this year. In the report titled “Banking System Outlook – Vietnam: Benign Macro Conditions Support Stable Outlook,” Moody’s said its stable outlook for the Vietnamese banking system, which has been in place since November 2014, is driven
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7 Reasons to Visit & Love Hoi An
There are many reasons to visit and love Hoi An, but here are the top seven. When you visit Hoi An, you will discover a picturesque backdrop juxtaposed by a city that screams with sound of scooters fighting to find their way. You will find traces of times past in the form of ancient assembly
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Tablet Sales Increased For The Fourth Year Straight
February 12, 2016. The tablet entered the Vietnam market in 2011. In 2015, approximately 1.5 million tablets were sold. This represents a 17 percent increase and a record fourth straight year of growth. However, even with the increase in the number of tablets sold, 2015 is the first time the Vietnamese media tablets segment dropped
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HSG [Non Rated] – Dream of Competing With HPG & Formosa
August 20, 2015. Hoa Sen Group (HSG), coated steel sheet producer – HSG is doing pre-feasibility study for a steel complex project with capacity of 5-8m tons (2x of HPG’s scale and a 2/3x of Formosa phase 1’s scale) to complete its production chain of producing coated steel sheet from iron ore to finished products,
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World Heritage Site: Trang An, Vietnam
February 12, 2016. The World Heritage Committee of United Nations Educational, Scientific and Cultural Organization (UNESCO) recognized officially Trang An Landscape Complex, Vietnam as a World Cultural and Natural Heritage Site based on three criteria: Culture, Aestheticism and Geology and Geomorphology. Cultural value This unique area of the world is prominent for several reasons: Exploration of caves
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KKR, VinaCapital, and Mekong Capital’s Big Private Equity Exits in 2016
This article was originally posted on Deal Street Asia by Nguyen Thi Bich Ngoc. International and domestic Vietnam-focused funds rolled out their plays during the year even as the region sported a handful of significant liquidation events or exits, a sign of maturity in the investment space. VinaCapital announced investments into wood-making firm An Cuong and
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HCMC Ranked 2nd Fastest Growing Economy in Asia
A new Oxford Economics study has ranked Ho Chi Minh City to be the second fastest growing economy in Asia by 2021, with predicted annual growth of 8%. The study of thirty Asian cities placed HCMC just below New Delhi, making it the only non-Indian city in the top five. This projected rapid growth has
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