Vietnam's Young Invest Ideas In Ho Chi Minh

A tech-savvy population, a fast-growing economy, and the perks of being first in an emerging market - Vietnamese entrepreneur Le Thanh saw the potential in booming Ho Chi Minh City for his start-up transforming coffee grounds into masks. The 35-year-old chemistry graduate worked for two multinationals before stepping out on his own three years ago to launch ShoeX - a sustainable footwear company which nimbly pivoted to masks as the coronavirus pandemic struck.When he entered the work

13 July 2020

Vietnam Opens World's 'First' Gold-Plated Hotel

For guests at the "Dolce Hanoi Golden Lake" coffee comes in a gold cup and bath time is taken in gilded splendour.The world's first self-proclaimed gold-plated hotel is open for business – and the Vietnamese owners insist they have the Midas touch despite the cramping of global travel during the coronavirus pandemic.The hotel cost US$200 million to construct with a 24-carat plating across lobbies, an infinity pool and rooms with even cutlery, cups, shower heads and toilet seats

4 July 2020

Mekong Under Great Threat

Water levels in Southeast Asia’s largest river may be at its lowest in a century.Low rainfall, high temperatures and poor dam regulations are contributing to a historic low at the Mekong, affecting lives, the region’s agriculture and fishing industries and leading to rapidly drying taps.Chinese dams control the flow of the 4,350-kilometre (km) river which originates in the Tibetan highlands before travelling across Myanmar, Lao, Thailand, Cambodia and Vietnam.

28 June 2020

Viet PM Warns Of Economic Disaster At ASEAN Summit

Southeast Asian leaders warned Friday the virus pandemic had swept away years of economic gains and was hindering negotiations over the flashpoint South China Sea as they met online for a delayed summit.Vietnam, the current chair of the Association of Southeast Asian Nations (ASEAN), had wanted to use the summit to inject momentum into talks on a sprawling China-backed trade pact.But the immediate focus for the 10-member bloc was the crippling cost of the coronavirus, which has ravaged the ec

27 June 2020

China Pressed On Mekong Dams After Low Water Levels

China was pressed Tuesday to show more transparency over its dam operations on the Mekong River, months after downstream water levels hit record lows and threatened millions of livelihoods.Lao, Thailand, Cambodia and Vietnam all battled severe drought last year as the tide of the river fell to record lows - exposing rocks, killing fish and threatening millions of livelihoods. But the dams along the waterway in China - where the river is known as the Lancang - held "above-average

17 June 2020

Vietnam’s growing demand for energy

With a rapidly growing economy, Vietnam is facing an increase in energy demand which is forecasted to grow 10 percent annually. The Vietnam Energy Outlook Report 2017 released by the Vietnamese government in collaboration with the Danish Energy Agency states that electricity demand is expected to grow eight percent annually until 2035.Vietnam’s economy is forecast to grow at a rate of between 6.5 and 7.5 percent per year from now until 2030 – resulting in additional demand for energy.

7 June 2020

Vietnam’s reforms paying off

Vietnam’s numbers are looking impressive so far in 2018. The country’s business environment grew tremendously at the start of the year with over 26,000 new enterprises established. In addition to that, the government there highlighted that foreign direct investment (FDI) disbursement reached over US$3.8 billion in the first three months of this year, up 7.2 percent from 2017.

5 June 2020

Vietnam leading ASEAN’s solar PV market

With the International Monetary Fund (IMF) expecting Vietnam’s economy to grow by 6.5 percent in 2019 and 2020, it is only natural that one of the region’s fastest growing countries is turning towards renewable energy to secure its energy needs.

5 June 2020

Vietnam Relaxes Virus Restrictions

Vietnam eased social distancing measures Thursday (23 April), with experts pointing to a decisive response involving mass quarantines and expansive contact tracing for the apparent success in containing the coronavirus.Despite a long and porous border with China, the Southeast Asian nation has recorded just 268 virus cases and zero deaths, according to official tallies.Although the numbers tested for COVID-19 are relatively low and experts caution the authoritarian government's health mi

24 April 2020

Facebook ‘Complicit’ In Vietnam Censorship

Amnesty International on Wednesday accused Facebook of "caving" to Vietnam's strict censorship regime, after the United States (US) tech giant confirmed it was blocking content deemed illegal by the country's communist government.Authorities regularly sentence domestic critics to harsh prison terms but have come under fire recently for targeting dissent on the world's most popular social network. Facebook is a popular platform for activists in Vietnam, where

23 April 2020

Virus News: Latest Developments Across Asia

Here are the latest developments in Asia related to the novel coronavirus pandemic: Wuhan Deaths RiseThe Chinese city where the coronavirus first emerged has raised its death toll by 50 percent to a total of 3,869.The revision came as a growing chorus of world leaders suggested China had not been entirely open about the full domestic impact of the virus.The additional deaths in Wuhan were cases that were "mistakenly reported" or missed entirely, according to the official an

19 April 2020

Vietnam Embraces Kitchen Nightmares In Lockdown

Burnt bread, collapsed cakes and inedible potatoes: the kitchen failures of Vietnamese families in self-isolation are being shared online, with hundreds of thousands joining a Facebook group to commiserate over their culinary catastrophes.With half the world in lockdown due to the coronavirus pandemic, masterchefs-in-the-making across the globe have been posting snapshots on social media of their perfect sourdough and gorgeously gooey brownies as they while away the hours in the kitchen.So ma

17 April 2020