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The remainder of 2019 will be key for Vietnam to avail of longer-term investment possibilities, Photo: Le Toan Warrick Cleine, chairman and CEO of KPMG Vietnam, told VIR that they have seen tremendous ­confidence in Vietnam from large ­investors, especially from the likes of Japan, South Korea, and Singapore. The trend has expanded from the ­acquisition of 100 per cent or control of Vietnamese companies, such as the Sabeco deal from Thailand, to minority or strategic investments in large Vietnamese companies. These are often institutional investors, and their decisions reflect confidence in Vietnam’s overall macroeconomic and geopolitical state, and the management teams and business models of the specific companies. “Provided the global economy remains strong and Vietnam ­maintains its reform orientation, there is no reason investors will not continue to have the confidence to invest in Vietnam,” Cleine stressed. KPMG in particular expects to … [Read more...] about Investors step up M&A movements

Vietnam's health insurance fund started covering HIV patients for anti-retroviral (ARV) drugs in March this year after international donors ended their sponsorship.  Lê Văn Phúc, head of the pharmacy and medical supply department at Việt Nam Social Security talks to Thời Báo Kinh Tế Việt Nam (Việt Nam Economic Times). A HIV patient receives antiretroviral (ARV) covered by health insurance fund at Hà Nội's Nam Từ Liêm District healthcare centre. What has been prepared to ensure health insurance coverage for HIV treatment expenses? The health insurance fund along with other State budget sources have been contributing to ensuring HIV drug supplies. The health insurance fund has so far covered HIV opportunistic infections and other testing for HIV patients who hold health insurance cards. It is estimated that by the end of this year, about 48,000 HIV patients who hold health insurance cards will have their … [Read more...] about Health insurance coverage for ARV drug key to HIV treatment

In efforts to embrace the fourth industrial revolution, Vietnam's cities and provinces are pushing smart city programmes, combining technology with internet-connected devices to enhance municipal management and economy. A corner of HCM City. The city is applying technology solutions to become a smart city in the future.  Smart cities, with new technologies and integration based on sensor collection and analysis of data, are expected to drive economic, environmental and social benefits in many cities and provinces in Viet Nam – optimising traffic flows in real time, reducing energy consumption and automating waste management. However, despite the countless benefits of smart city projects, major cities including Ha Noi and HCM City, which are pioneering in this field, are facing difficulties and challenges when it comes to deployment due to city-specific requirements and needs of new policies and regulations from the Government and relevant sectors. Speaking at the … [Read more...] about Smart city challenges Vietnamese Gov’t and localities