Vietnam's EQuest has so far consolidated about 20 schools, universities and training facilities under its umbrella. (Photo from EQuest website)
DealStreetAsia

KKR-backed EQuest takes controlling stake in Vietnam school operator

Khoi Nguyen Education runs bilingual schools in Southeast Asian nation

6 December 2022
A worker maintains power lines in Vietnam. Coal is the leading fuel for state-run Vietnam Electricity Group's power plants.
Energy

Vietnam utility EVN eyes electricity rate hike as coal costs rise

Request suggests increase of at least 5%, as company heads toward $1.3bn loss

6 December 2022
Vietnam has seen the sharpest stock market drop in Asia this year, as a crackdown on corruption and worries about the real estate market weigh on sentiment. (Photos by Ken Kobayashi)
Market Spotlight

Vietnam stocks hit by recession fears and graft crackdown

Bear market has echoes of China's corruption scandals and property woes

5 December 2022
Vietnamese technical interns work at a construction site in Tokyo. (Photo by Ken Kobayashi)
Japan immigration

Japan to lose pay appeal for Vietnamese, Indonesian workers by 2032: study

Stagnant Japanese wages risk making Southeast Asians look elsewhere for jobs

5 December 2022
New Zealand Prime Minister Jacinda Ardern opens her speech in the native Maori language at the Forbes Women’s Summit 2022 in Ho Chi Minh City, Vietnam. (Photo by Lien Hoang)
Politics

What can Asia learn on gender from New Zealand? Ardern has ideas

Look beyond aggressive, 'knives-out' politics, PM says on Vietnam trip

26 November 2022
Vingroup breaks ground at a new EV battery factory in central Vietnam. (Photo courtesy of Vingroup)
Companies

Vietnam's Vingroup builds battery plant with China's Gotion

Company looks to create supply chain of low-cost cells for VinFast EVs

23 November 2022
A vendor walks in an alley decorated with national flags in Hanoi.
DealStreetAsia

IFC looks to invest $320m in three Vietnamese banks

International lender has been operating in country since 1997

22 November 2022
Hyundai sold about 70,000 vehicles in Vietnam in 2021, surpassing Toyota.
Companies

Hyundai opens new Vietnam car factory with 100,000-unit capacity

Joint venture with local conglomerate aims to keep top market spot

20 November 2022
VinFast, Vietnam's sole homegrown manufacturer of electric vehicles, sold about 2,200 units of EVs in its own country in the first eight months of this year.
Automobiles

Vietnam's EV push fails to bring automakers aboard as sales falter

VinFast's lackluster performance discourages foreign rivals from entering market

15 November 2022
Morinaga Milk began selling two yogurts and three nutritional supplements in November through its Vietnam subsidiary. (Photo courtesy of the company) 
Food & Beverage

Morinaga Milk eyes expansion in Vietnam with new yogurt brand

Japanese dairy company aims to cash in on growing demand for healthier food

13 November 2022
A woman receives a booster dose of the Pfizer vaccine in Jakarta.
COVID vaccines

Indonesia's COVID vaccine shows region's push for third way

Jakarta now has homegrown halal alternative to Western, Chinese shots

10 November 2022
Speedoc's services include house-call doctors, medication delivery, telemedicine and remote diagnosis. (Source image from Speedoc Facebook page)
DealStreetAsia

Singapore digital health platform Speedoc raises $28m

Company operates as a virtual clinic and hospital care provider

8 November 2022
Around 70% of the items Tops Club sells are imports. (Photo courtesy of Central Retail)
Retail

Thai retailer opens Tops Club, a membership-only supermarket

Around 70% of items on sale are imports, for which members can get a discount

6 November 2022
Nearly everything at Lego's groundbreaking in Binh Duong, Vietnam, was made of toy bricks, from flower settings to dragon dancer statues. (Photo by Lien Hoang)
Supply Chain

Lego breaks ground on $1bn carbon-neutral factory in Vietnam

World's biggest toy company building base in Southeast Asia's top solar producer

3 November 2022
Singapore real estate manager CapitaLand Investment's Chief Financial Officer Andrew Lim said markets like Vietnam and India could increase in prominence amid shocks to globalization. (Source photos by Takashi Nakano and AP) 
Property

Temasek-backed property group eyes Vietnam and India hot spots

Amid China slowdown, CapitaLand Investment treads cautiously on real estate bets

2 November 2022
IPPG has withdrawn its application for government approval. (Photo courtesy of IPPG)
2 November 2022
Ascend Vietnam Ventures says its backers across the Asia-Pacific region, Europe and North America made capital commitments to its early-stage fund. (Source photos by Getty Images and AVV website)
DealStreetAsia

Ascend Vietnam Ventures closes early-stage fund at $64m

Looking to invest in global startups emerging from Vietnam

1 November 2022
Tens of millions of Vietnamese depend on motorbikes to get to work and school, but many drivers in Ho Chi Minh City are now having trouble finding gas.
Supply Chain

With nothing to sell, Vietnam gas stations start to close

Deliveries fail to arrive, disrupting life in a nation that relies on motorbikes

1 November 2022
Amazon recruits hundreds of merchants in Ho Chi Minh City. Its growth in Vietnam runs counter to its overall international segment, which reported a loss last quarter. (Photo by Lien Hoang)
Retail

Amazon Vietnam growth, buoyed by China, defies global tech slowdown

But 'everybody's struggling' from interest rates, drop in COVID-fueled e-commerce

31 October 2022
Egypt's Red Sea resort of Sharm el-Sheikh will host the 27th annual United Nations climate change conference (COP27) from Nov. 6 to 18.
Your Week in Asia

Vietnam leader in China, Hong Kong investment summit, COP 27

Your weekly lineup of Asia's biggest business and political events

30 October 2022
A company displays lumber in Vietnam, whose wood products industry is grappling with risks ranging from the Ukraine war to fake forest certificates and U.S. trade probes. (Photo by Lien Hoang)
Supply Chain

Vietnam's wood trade under pressure from logging, Ukraine war

Murky origins plague furniture sector coming down from COVID-fueled buying spree

28 October 2022
Vietnamese President Nguyen Phu Trong, pictured in Hanoi on Feb. 1, 2021, has congratulated Chinese President Xi Jinping on Xi's precedent-breaking third term as party chief.
International relations

Vietnam Communist Party chief to meet Xi in China next week

Nguyen Phu Trong to make a rare trip at Xi's invitation

25 October 2022
Nextrans started investing in Vietnam in 2015 and is now one of the most active foreign venture capital firms in the country. (Source image from Nextrans Facebook)
DealStreetAsia

South Korea's Nextrans to launch $50m Vietnam-focused fund

Company looking to invest in high-growth tech startups

25 October 2022
Customers crowd a branch of Saigon Joint Stock Commercial Bank in Hanoi on Oct. 8. (Photo by Tomoya Onishi)
Politics

Vietnam's anti-graft campaign casts shadow over economy

High-profile detention triggers bank run at Saigon Joint Stock Commercial Bank

20 October 2022
VinFast plans to start exporting EVs to U.S., Canada and Europe by the end of 2022.
Automobiles

Vietnam EV maker VinFast to open offices in Frankfurt, Paris and Amsterdam

Auto industry newcomer seeks foothold in Europe with local sales strategies

20 October 2022