Lien Hoang
Vietnam Business Reporter at Nikkei Asia
Reporter at @NikkeiAsia focused on business/econ stories in Vietnam, with some enviro/social/cultural features here and in the region
Articles
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2 months ago |
asia.nikkei.com | Lien Hoang
HO CHI MINH CITY -- Officials and investors in Vietnam expect the frontier market to be designated an emerging market this year, which could push billions of foreign dollars into its stock exchanges. FTSE Russell, which says it is currently spending six to nine months considering such an upgrade, estimates the move would bring roughly $1 billion of foreign investment to Vietnam via passive funds and another $5 billion via actively managed funds.
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2 months ago |
asia.nikkei.com | Lien Hoang
HO CHI MINH CITY -- Con Dao used to be an island prison where French colonizers subjected the Vietnamese to a regimented life of isolation, controlled diets, austerity and the sound of silence, all under a perceived shroud of spirits of inmates past. The prison, established in 1862, is where, according to the Vietnamese government, 20,000 revolutionaries died.
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Jan 20, 2025 |
asia.nikkei.com | Lien Hoang
HO CHI MINH CITY -- Czech automaker Skoda will complete a half-billion-dollar factory in Vietnam this quarter, producing internal combustion engine cars -- before introducing electric vehicles -- with plans to export around Southeast Asia, the government said. The manufacturer is working with Thanh Cong, a distributor for Hyundai, one of the most popular car brands in Vietnam, according to a post made Sunday night on the government's website.
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Jan 16, 2025 |
asia.nikkei.com | Lien Hoang
HO CHI MINH CITY -- Vietnam has ordered banks to withhold taxes for Agoda, Airbnb, Booking.com and PayPal, marking the latest effort by the fast-growing Southeast Asian country to levy global technology giants. The order applies to the four online platforms as well as 100 lenders, according to a General Tax Department letter seen by Nikkei Asia. It would mean that when Vietnamese send money through these overseas-based websites, they could find that their banks are taking out a slice for taxes.
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Jan 7, 2025 |
asia.nikkei.com | Lien Hoang
HO CHI MINH CITY -- Vietnam is requiring Facebook, TikTok and other platforms to verify users' phone numbers under a law that activists say will expose dissidents in the one-party state. Decree 147 also bans teens from social media unless their parents sign up for them, requires networks to give "blue tick" authentication to government agencies, and restricts underage gaming. This last restriction is further tightened when it comes to titles with a gambling element.
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RT @NikkeiAsia: Koreans now run 10,000 businesses in Vietnam, a figure that has doubled in about eight years. Economically, the impact is h…
Did you know Vietnam has 1 of the world's biggest K-Towns? You can do anything in Korean here: pay for stocks, puppies, virtual golf lessons, acupuncture. North & South Korea have unique ties to VN, now booming with FDI & the K-Wave https://t.co/Y3MEXFrqZS v @NikkeiAsia