Vietnam

BYD will manufacture EVs in Vietnam for domestic drivers and for export in Southeast Asia as the Chinese maker challenges U.S. rival Tesla for global dominance. 
Automobiles

China's BYD expands beyond iPads, to produce EVs in Vietnam

Tesla challenger is among dozens of Apple suppliers in the country

8 May 2023
HSBC's research unit last month in a report flagged "pockets of vulnerabilities" within lenders in the ASEAN.
Finance

ASEAN banks squeezed between credit risks and interest dynamics

Largely spared Western peers' woes, Southeast Asian lenders still face obstacles

5 May 2023
A movie theater in Hanoi. Vietnamese movies have grown in popularity back home. (Photo by Yuji Nitta)
Media & Entertainment

Netflix provides 'Furies,' other Vietnamese films with newfound life

First dismissed at home, action thrillers ride wave of international popularity

3 May 2023
A production line at a Foxconn facility in Shenzhen. The company, also known as Hon Hai Precision Industry, is among those starting to shift operations away from mainland China.
Supply Chain

Apple's Taiwan suppliers lead renewed pivot from China

As Sino-U. S. tensions mount, Foxconn and Quanta turn to countries like Vietnam

29 April 2023
Vietnam's VinFast is pouring billions into the fiercely competitive electric vehicle business, which Chinese rival Xpeng says carmakers can't survive without global sales. (Photo by Lien Hoang)
Automobiles

VinFast chair to give $1bn to Vietnam EV maker amid U.S. IPO aims

Founder with $4bn fortune bets on market that rival says only 10 brands will survive

27 April 2023
Vinfast cars at a port in Haiphong city, Vietnam, to be shipped to the U.S. A decline in exports has hurt the country's economy.
Economy

Vietnam readies another sales tax cut to prop up flagging economy

Value-added tax to decrease to 8% as weak exports bite

27 April 2023
Apple is among U.S. investors in Vietnam, set to be the first country outside China to produce MacBooks, adding to the other Apple devices it already makes there. (Photo by Lien Hoang)
Technology

Vietnam's digital ambitions spur hopes among U.S. businesses

Country needs American tech to hit internet targets, lobby says

26 April 2023
An aerial view of containers and cargo vessels at China's Qingdao port in May last year.
Caixin

Vietnam, Taiwan boost share of shipments to U.S. as China loses out

India, Cambodia also grow as 'low-cost' exporters, eroding Chinese dominance

25 April 2023
Huawei expands into products for data centers in Vietnam, where it also operates in the solar power, consumer electronics, and telco sectors. (Photo by Lien Hoang)
Technology

Huawei diversifies in Vietnam with products for data centers

Mitsubishi, Vingroup also pile into services for Asia's 'next' cloud market

25 April 2023
VinFast has unveiled an electric car in the $20,000 range in Vietnam, a motorbike-reliant Southeast Asian country that may see Chinese alternatives with four-figure price tags soon. (Photo courtesy of Vingroup)
Automobiles

Vietnam's VinFast debuts budget EV as Chinese rivals jump in

Country still among world's top motorbike markets as electric cars roll out

24 April 2023
Tiffany unboxed a new store in Ho Chi Minh City, marking its foray as a direct investor in Vietnam. (Photo by Lien Hoang)
Retail

Tiffany enters Vietnam as world's richest man expands LVMH Asia

Crazy rich Asians top sales for French luxury group that also owns Dior, Moet

21 April 2023
U.S. Secretary of State Antony Blinken, left, meets with Vietnam's Communist Party General Secretary Nguyen Phu Trong in Hanoi on April 15 (Pool via Reuters)
Biden's Asia policy

Blinken urges Vietnam to upgrade U.S. ties amid China tensions

Economy and security on agenda in meetings with Communist Party leader Trong, PM Chinh

15 April 2023
A wind farm in the Netherlands. Mitsubishi Corp. is participating in a large new wind farm in Laos. (Photo courtesy of Mitsubishi subsidiary Eneco)
Energy

Southeast Asia's 'battery' Laos embraces wind power to sustain energy exports

Reliance on hydroelectricity becomes risk as demand grows in Thailand, Vietnam

15 April 2023
Factories have seen orders canceled in Vietnam, the Asian country most exposed to global swings in trade after Singapore. 
Business Spotlight

Vietnam's manufacturers brace for worse after GDP whiplash

Factory downturn marks sharp reversal and bellwether for Asian supply-chain hub

14 April 2023
A Beijing meat stall accepts cashless payments through the use of QR codes. China was the least cash-dependent country in Asia in 2022.
Finance

Thailand, Japan and Vietnam lag in Asia's digital payments rush

Cash remains vital in many nations despite declining usage across region: report

12 April 2023
Gakken hopes to use Vietnam as a stepping stone into the Southeast Asian education market.
Education

Vietnam textbook publisher DTP wins investment from Japan's Gakken

Southeast Asian foothold sought as Japanese student population shrinks

11 April 2023
VinFast electric vehicles are bringing the Vingroup division into the taxi business in Vietnam, where the government says EV cabs are a trend of the future. (Photo courtesy of Vingroup)
Transportation

VinFast electric taxis to make Vietnam debut ahead of EV rules

Southeast Asian country requires new cabs to be electric from 2030

10 April 2023
Nguyen Duc Long of Vietnam's National Innovation Center told a tech summit in Ho Chi Minh City that officials know they "can do a lot more" to encourage startups and investors. (Photo by Forbes)
Technology

Vietnam pledges to solve 'pain points' for tech startups and VCs

Rules to be eased on startup financing as global volatility spooks investors

6 April 2023
Vietnamese Prime Minister Pham Minh Chinh held talks with Chinese Premier Li Qiang this week.
International relations

Vietnam strikes balance between U.S., China via phone diplomacy

Hanoi leaders talk with Chinese premier Li, President Biden

6 April 2023
Engineers were the most sought-after workers in Singapore, Indonesia and Vietnam, according to a study conducted by Singapore-based staffing platform Glints and Monk's Hill Ventures.
Startups

ASEAN startups face talent crunch despite tech layoffs: study

Early-stage companies compete with enterprises to hire growing pool of job seekers

4 April 2023
Samsung gadgets for sale in Vietnam, the company's main phone manufacturing location. (Photo by Lien Hoang)
Companies

Samsung meetings in Vietnam shine spotlight on global tax overhaul

Big Tech bracing for impact of OECD deal on minimum corporate levy

3 April 2023
Container ships at the Port of Felixstowe in England. CPTPP members have agreed on Britain's entry into the grouping.
Trade

U.K. accepted as 12th member of CPTPP trade bloc

Group aims to finalize first nonfounding member's accession in July

31 March 2023
A satisfying nasi campur meal -- a platter of brown rice served with seven different vegetable dishes -- on the Indonesian resort island of Bali. (All photos by Charukesi Ramadurai)
Tea Leaves

How vegans are stirring Southeast Asia's food scene

Search for sustainability and the pandemic are making diners think again

29 March 2023
Japanese banks will provide funds for renewable energy through Vietcombank, the nation's major bank, which will in turn provide subleasing loans, mainly to local businesses. 
Finance

Japanese banks to provide $300m for Vietnam's renewable energy

Vietcombank gets co-financing from JBIC, Mizuho, Joyo, Shiga for power suppliers

28 March 2023
A TDCX outsourcing site in Vietnam: The company is setting up new bases in Vietnam and Indonesia to handle growing demand. (Photo courtesy of TDCX)
Companies

ASEAN outsourcing players keep talent with AI and remote work

Labor-intensive industry invents proprietary online tools, moves into microsites

28 March 2023