Masan Group's product lineup includes some of Vietnam's leading food brands. (Photo by Yuji Nitta)
IPO

Vietnam's Masan Group weighs IPO for consumer unit

Debut could raise over $1bn as CEO eyes overseas expansion

26 April 2024
Apple's most recent official supplier list shows the company is sourcing from more companies from China. (Nikkei montage/Source Photo by Getty Images)
Business Spotlight

Apple moves closer to China despite supply chain shifts

Japan, Taiwan and U.S. supplier numbers dip as iPhone maker expands in Southeast Asia

26 April 2024
The 18th Beijing International Automotive Exhibition, known as Auto China, opened to the media in the Chinese capital on April 25.
Automobiles

Beijing auto show welcomes world as China's carmakers aim to conquer it

Return of exhibition comes as brutal price war, export friction drive overseas production

25 April 2024
A VinFast VF8 model is displayed during a ceremony at the brand's factory in Haiphong province, Vietnam.
Automobiles

VinFast share plunge hits China's VW-backed battery partner Gotion

Vietnamese carmaker chief vows to work with China despite geopolitical friction

22 April 2024
People gather at a restaurant in Hanoi: Euromonitor estimated deliveries at 8% of Asia's food service market in 2018, rising to 21% in 2023. 
Food & Beverage

Southeast Asia restaurants lose out as COVID delivery habit persists

Apps like Grab, Shopee gain users who no longer eat out, data shows

19 April 2024
Passersby walk in front of a Takashimaya department store in Tokyo.
Retail

Japan's Takashimaya eyes 2026 opening for new Vietnam shopping center

Hanoi department store would be first overseas location in 8 years

19 April 2024
Hoa Phat Group's Dung Quat 2 steel production complex was half finished at the end of March. (Photo by Yuji Nitta)
Materials

Vietnam's top steelmaker Hoa Phat races to open new mill this year

Company focuses on higher-value steel for country's emerging auto industry

17 April 2024
Kobayashi Pharmaceutical's red yeast rice supplement (Photo by Koji Uema)
Business trends

Health-conscious Vietnamese wary of Japan's red yeast rice problem

Supplement deaths cast shadow over consumers' trust in Japanese products

16 April 2024
U.S. energy company AES holds a groundbreaking ceremony for the Mong Duong 2 power plant in Vietnam's Quang Ninh province. 
Energy

U.S. firm's Vietnam coal deal 'undermines' climate goal: report

Think tank warns emissions may increase under 'fossil fuel-centric' new owner

13 April 2024
TikTok pivoted from viral clips to e-commerce, quickly taking market share from rivals in Vietnam despite issues like censorship and scam videos.
Startups

TikTok, under fire elsewhere, sees spike in Vietnam e-commerce

Average sales up threefold as Chinese startup navigates content blocks and bans

12 April 2024
Russian Foreign Minister Sergey Lavrov, third from left, attends a meeting with Chinese President Xi Jinping, center, in Beijing on April 9. (Russian Foreign Ministry Press Service via AP)
International relations

China counters closer U.S.-Japan-Philippines ties with diplomatic flurry

Beijing shows 'it also has friends' in North Korea, Russia, Vietnam, ex-Taiwan leader

12 April 2024
Vietnamese tech group FPT saw its stock hit an all-time high in mid-March, driven by a partnership with AI chipmaker Nvidia.
Technology

Nvidia-led AI boom sends tech stocks soaring in Malaysia, Vietnam

Chip production and supercomputers among fields feeling boost

12 April 2024
Chairman of the National Assembly Vuong Dinh Hue speaks to Chinese President Xi Jinping at the national assembly in Hanoi on Dec. 13, 2023. Hue is one of a handful of officials qualified to replace Vietnam's recently ousted president.
International relations

Top Vietnamese lawmaker in China after president's surprise ouster

Vuong Dinh Hue is one of four pillars running nation as it balances U.S., China ties

8 April 2024
Kim Hyong-mo, the representative in Vietnam of the Korea Chamber of Commerce and Industry, speaks during an interview in Hanoi. (Photo by Yuji Nitta)
Business trends

South Korean firms in Vietnam face growing competition from China

Chamber of Commerce says minimum corporate tax rule also affects businesses

4 April 2024
Downtown Ho Chi Minh City. It is unclear how Vietnamese banks will thread the needle between official pressure to increase lending and pressure to stay clean and under control.
Finance

Banks in a bind as Vietnam PM bemoans fall in lending

Lenders told to boost economy but fear risks amid massive SCB fraud trial

3 April 2024
Beijing is receiving one Southeast Asian dignitary after another this week, as the government seeks to shore up ties in the region. (Photo by Mizuho Miyazaki)
International relations

China hosts Vietnam, Laos, East Timor ministers in ASEAN outreach

After Indonesia's Prabowo, Beijing woos diplomats from countries not aligned with U.S.

2 April 2024
Mitsui has been involved in Vietnam's Block B gas project via exploration since 1996. (Photo by Keigo Yoshida)
Energy

Vietnam gas field secures $560m investment from Japan's Mitsui

Production slated to start in late 2026 to supply power plant in the south

30 March 2024
Containers at a port in Hai Phong, Vietnam. The trade-reliant economy is known as a manufacturing hub for apparel and electronics.
Economy

Vietnam's GDP growth slowed to 5.66% in Q1 on weak phone, car output

Side effects of government's crackdown on corruption also hit businesses

29 March 2024
German President Frank-Walter Steinmeier visits a university in Ho Chi Minh City on Jan. 24:  (Bernd von Jutrczenka/picture-alliance/dpa/AP Images)
Opinion

As West draws closer to Vietnam, Hanoi gets more like Beijing

Reluctance to call out repression has facilitated regime's social crackdown

26 March 2024
Officers prepare an EV charging unit in Bali, Indonesia, in 2022. The rising costs for metals and minerals due to soaring demand for EVs have put Southeast Asia in a greenflation bind. (Antara Foto via Reuters)
Energy

Greenflation causes Indonesia and Vietnam to backtrack on renewables

In Malaysia, a weak currency squeezes financing for decarbonation efforts

25 March 2024
VinFast electric vehicles are parked before delivery at a store in Los Angeles. The Vietnamese EV maker will hold a press conference in Bangkok on March 26.
Your Week in Asia

China Boao Forum, VinFast debuts in Thailand, Xiaomi to launch EV

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

24 March 2024
Companies from the Netherlands display goods in Ho Chi Minh City. Vietnam has drawn on Dutch experience developing dikes and high-yield crops on limited land. (Photo by Lien Hoang)
Trade

From airports to green farms, Vietnamese and Dutch companies sign 18 deals

Both nations have strategic sea locations and are exposed to climate shocks

23 March 2024
A beach on the Philippine island of Palawan: For one recent group of Indian holidaymakers, Palawan offered the natural beauty of such popular tourist destinations as Mauritius or the Maldives but without the crowds and higher prices. 
Life

'Dupe destination' boom hits social media

Travel trend gathers momentum as vacationers seek copycat locations

23 March 2024
Lam Research of the U.S. is a leading producer of chipmaking equipment.  
Semiconductors

Lam Research eyes Vietnam chip supply chain as China curbs bite

Steady stream of semiconductor players enters country amid tech war

22 March 2024
Vo Van Thuong is Vietnam's second president to leave office in two years.
Politics

Vietnam president's resignation suggests party power struggle

Vo Van Thuong was viewed as contender to become next general secretary

22 March 2024