The Transformation of Cashless Transactions in Vietnam

In recent years, Vietnam has witnessed a significant shift towards cashless transactions, driven by technological advancements and changing consumer behaviors. This transformation is reshaping the financial landscape and offering numerous benefits to both consumers and businesses.

The adoption of digital payment methods, such as mobile wallets, online banking, and contactless cards, has surged. Companies like MoMo, ZaloPay, and ViettelPay are leading the charge, providing convenient and secure payment solutions. The government’s push for a cashless society, coupled with the increasing penetration of smartphones and internet access, has accelerated this trend. Read more

Vietnam’s Efforts to Support a Green Strategy for Automotive Industry

With 6.5 million cars and 74 million motorcycles, Vietnam is the second-largest emitter of greenhouse gases (GHGs) from road transport in Southeast Asia, following Indonesia. Emissions from road vehicles in the country are rising rapidly, with an average annual increase of about 15 per cent over the past decade. Read more

Public Mergers and Acquisitions in Vietnam

The country-specific Q&A looks at current market activity; the regulation of recommended and hostile bids; pre-bid formalities, including due diligence, stake building and agreements; procedures for announcing and making an offer (including documentation and mandatory offers); consideration; post-bid considerations (including squeeze-out and de-listing procedures); defending hostile bids; tax issues; other regulatory requirements and restrictions; and any proposals for reform.

M&A Activity Read more

Exploring Investment Opportunities for Foreign Investors in Vietnam

Vietnam is considered one of the most attractive investment destinations in Southeast Asia due to its stable political Environment, low Labor Costs, and a Growing middle class. In recent years, the Country has also implemented reforms to improve its business environment, making it easier for foreign investors to do business in Vietnam.

Some of the most promising sectors for foreign investors in Vietnam include manufacturing, services, agriculture, and technology. Read more

Asia-Pacifics-Companies-and-Startups-in-Ascendance
Asia-Pacific’s Companies and Startups in Ascendance

In recent years, the Asia-Pacific region has become a powerful player in the global business arena. New economy enterprises, driven by technological innovation and entrepreneurship, are set to reshape the next decade. The region’s thriving tech sector is at the forefront, embracing cutting-edge technologies and disrupting traditional business models. This transformation offers a remarkable opportunity for businesses, both new and established, to tap into the region’s vast potential and contribute to its rapid growth.
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