Business

Thailand’s ThaiBev, which owns Vietnam’s biggest brewer Sabeco, will boost investments in restaurants and enter the field of electric vehicle charging stations, a Nikkei Asia report says. ThaiBev plans to invest up to 8 billion baht ($223 million) in 2023. About 30% of that amount will be allocated to non-beer …

The world’s most influential restaurant ranking guide has begun evaluating restaurants in Hanoi and Ho Chi Minh City for the first time ever. The historic Michelin Guide Vietnam list of top Vietnamese restaurants will be released in June. “We have been looking at Vietnam’s gastronomic scene for quite a long …

The allowed foreign ownership ratio in stronger Vietnamese banks that acquire struggling lenders could jump to 49%, according to a draft government decree. The current cap on foreign ownership is 30%, but that could change if the decree drafted by the State Bank of Vietnam is approved. The government has …

The Ho Chi Minh City Real Estate Association wants Vietnam’s credit quota be increased from 14% to 15% to boost the property sector. The 1% increase of over VND100 trillion ($4.1 billion) should be implemented in December and January, according to the association. HoREA chairman Le Hoang Chau told VnExpress …

Home Credit won “Best HR for Sustainability”, “Excellence in Organizational Development and Design” and “Best Talent Management Strategy” at Vietnam HR Awards 2022. A sustainable HR strategy is the main driver of this achievement, the company’s officials said after the award ceremony at the end of November. Home Credit receives …

Vietnam’s benchmark VN-Index rose 4.22% to 1,080.01 points Friday, highest since October 6, with no blue chip in the red. The index closed 43.73 points higher after losing 12.14 points on Thursday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 17.90% to VND17.92 trillion ($735.48 million). The …

Vietnam Electricity (EVN) is seeking permission to increase retail prices as the national power provider expects losses of VND31 trillion ($1.26 billion) this year due to surging production costs. “Input costs have been rising globally and domestically and a price hike is needed, but by exactly how much has yet …

As a physics student at the elite Peking University in Beijing, Lynn Lau was expecting big Chinese private sector companies to scour the campus this summer for upcoming talent. But with the world’s second-largest economy growing at its slowest rate in decades, many recruiters stayed away this year. The wishes …

Composable enterprise architecture, low-code, no-code technology and big ops are forecast to be key factors for successful customer retention, digital experts said at a recent HCMC meeting. Top 30 digital leaders in consumer-facing enterprises gathered in a closed meeting co-hosted by Kyanon Digital, CleverTap and Talon.One. Photo by CleverTap “As …

Abbott FreeStyle Libre, a wearable sensor-based technology for glucose monitoring, brings accessible and affordable healthcare solutions for diabetic patients. FreeStyle Libre continuous glucose monitoring (CGM) technology was named the “Best Medical Technology” of the last 50 years by The Galien Foundation in late October 2022. The technology, which was brought …