GBS – Global Business Services LLC has been named the “Best Market Entry Advisory Firm, Vietnam 2021” Award by Asia Insiders Magazine, the ranking was based on customers’ perception and satisfaction, media reputation and business performance. GBS, established in 2009, helps foreign investors to fulfill their international expansion goals to Vietnam. With clients coming from across the world – GBS helps ambitious companies to successfully establish themselves in Vietnam as a new market and to use it as a launch pad into South-East Asia, and also Vietnam-based companies looking to trade internationally. Entering a new market is a complicated process and…
Author: Kevin Le
Under the new regulations in Vietnam that were published at the end of October, 2021, the country will bring some changes in the eCommerce industry. The new regulations will be effective after January 1, 2022. We will discuss some notable changes from this new provision in the article below. Not all sectors are included While the new law mainly regulates the main directions of e-commerce sectors, there are some directions that are excluded from the regulations. These are: financial, banking, credit, insurance sectors. At the same time, we can also mention other means of payment, as well as betting services…
Cat Linh – Ha Dong metro line, the first first urban railway in Hanoi has begun commercial operation today after 10 years its construction started. The service, Vietnam’s first, would help increase the number of public transport users, and together with the nine other routes planned, form a key transport network to help reduce traffic congestion, according to the city Deputy Chairman, Duong Duc Tuan. ###: First metro line in Vietnam’s capital city will be put into official operation The first train left Cat Linh Station in downtown Dong Da District at 7:40 a.m. for Yen Nghia Station in Ha Dong District…
Medical workers screen people at the District 11 Health Centre in HCM City before providing COVID-19 vaccines. VNA/VNS Photo HCM CITY — The grassroots health system, which plays a major role as a first-line defence against COVID-19, is being strengthened in HCM City in response to the pandemic. The city’s grassroots health system is underdeveloped due to a lack of investment in medical equipment and facilities, training of human resources, and application of information technology, said Nguyễn Văn Vĩnh Châu, deputy director of the city’s Department of Health. There are no incentive policies in place to attract the private health system to participate in the grassroots system,…
The national economy is anticipated to enjoy a recovery over the next six months until the growth momentum becomes stronger ahead during the second half of 2022. More stories at Vietnam Insider’s homepage. This assessment was made by Alain Cany, chairman of the European Chamber of Commerce in Vietnam (Eurocham), during the “Vietnam Day” event held on November 4 in order to seek greater opportunities for the nation move into the post-COVID-19 pandemic period. Delegates in attendance at the event, hosted by the Hong Kong Shanghai Banking Corporation (HSBC), noted that the complicated nature of developments relating to COVID-19 pandemic…
“The crypto sector has grown too big to be ignored by traditional finance”, one of the ANZ bank’s senior executives has told a Blockchain Australia forum. “When you look under the hood on that, we’ve concluded that this is a major protocol shift for financial market infrastructure,” said Nigel Dobson, ANZ’s Banking Services Portfolio Lead. The comments came a day after rival Commonwealth Bank announced that it would roll out crypto trading services for 10 digital assets via its Commbank app, Crypto Insider reported. ###: Why the regulators are now turning attention to decentralized finance The “State of Play” forum was held…
Midfielder Lương Xuân Trường of the national football team. Photo courtesy of the VFF Football HÀ NỘI — Midfielder Lương Xuân Trường said he confident the national team will be able to score goals against Japan when they face off next week in the World Cup qualifiers. And despite their opponents being one of the top teams in Asia, Trường feels they could be vulnerable on the counter attack. The two teams meet on November 11 at the Mỹ Đình National Stadium with Việt Nam still to register any points in this qualifying campaign. “The coaching staff and players…
At the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, Scotland (the UK), Vietnam representatives, led by Prime Minister Pham Minh Chinh addressed various key targets and strategies to tackle the alarming global climate change. The key proposals as stated in Vietnamese Prime Minister Pham Minh Chinh’s remarks are: Climate change response and the restoration of nature must become the highest priority in all development decisions; Science and technology must lead the charge; financing must lend leverage to the transitioning of the development model towards a green, circular, sustainable, inclusive, and humanistic economy; All countries need…
Sofitel Legend Metropole Hanoi has been proclaimed one of “The 101 Most Incredible Hotels in the World” for 2022 by Fodor’s Travel, extending the historic luxury hotel’s run of prestigious and world-class honours this year. The Fodor’s list includes only 14 hotels in Asia—and just two in Vietnam—and spotlights what the longtime travel guide and tourism information expert describes as “the crème de la crème of overnights, five-star quality quarters according to writers and editors who live to leave home.” “We could all use a little escape right now. So why not choose something spectacular?” the editors at Fodor’s Travel…
As the 26th UN Climate Change Conference of the Parties (COP26) continues in Glasgow, United Kingdom, Việt Nam News reporters Vân Nguyễn, Minh Phương and Việt Dũng spoke to local people about their environmental concerns, expectations for the future, and what actions people can take to make Việt Nam more environmentally-friendly. Nguyễn Linh Chi, second-year student, Foreign Trade University. VNS Photos Nguyễn Linh Chi, second-year student, Foreign Trade University Climate change is a pressing issue. The frequency of natural disasters including bushfires and floods in Australia in 2019, and the heavy rain in Việt Nam in recent days, can…