In a significant leap towards modernizing its immigration control processes, Vietnam has recently launched its automated immigration system, Autogate, at major airports across the country. The system was officially deployed on August 1, 2023, at Noi Bai and Tan Son Nhat International Airports and will be introduced at Da Nang, Cam Ranh, and Phu Quoc International Airports from August 15, 2023.
Thomson Medical Group Expands Southeast Asian Presence with Acquisition of FV Hospital in Vietnam
Singapore’s Thomson Medical Group (TMG) has made a significant move in the healthcare sector by acquiring Vietnam’s FV Hospital, marking Southeast Asia’s largest healthcare acquisition since 2020. TMG, a healthcare group listed on the SGX Mainboard, will purchase 100% of the shares of Far East Medical Vietnam Limited, the operator of FV Hospital and adjacent clinics, with equity firm Quadria Capital exiting its investment in the Vietnamese company.
Vietnam’s Export Performance in the First Half of 2023
Vietnam’s exports in the first half of 2023 have faced significant challenges due to the global economic downturn and high inflation. According to the General Statistics Office, there were 27 export items with a value exceeding $1 billion, a decrease of 2 items compared to the same period last year, accounting for 90.1% of the total export turnover.
Official launch of the Top 10 Outstanding Digital Technology Enterprises of Vietnam 2023 Program
The Top 10 Outstanding Digital Technology Enterprises of Vietnam 2023 program was officially launched by the Vietnam Software and IT Services Association on June 27th. This annual event, organized by the association since 2014, aims to recognize and honor enterprises in the Vietnamese ICT industry across various sectors, while also introducing them to domestic and international partners and customers.
Bamboo Airways Soars as Vietnam’s Largest Airline with Transformed Debt and Increased Charter Capital
Bamboo Airways, a Vietnamese airline, has successfully converted 7.72 trillion VND of debt into equity, making it the airline with the largest charter capital in Vietnam. This achievement surpasses Vietnam Airlines, which previously held the title with 22.143 trillion VND in charter capital.
Grab Vietnam Faces Scrutiny Over Massive Losses, Tax Controversies, and Financial Practices
Grab, the Singapore-based technology company, has come under scrutiny in Vietnam due to its financial practices. Recent revelations regarding substantial losses, unpaid taxes, and questionable financial transactions have raised concerns about Grab Vietnam’s operations and their impact on the Vietnamese economy.
Vietnamese Deputy Prime Minister Urges Japan to Waive Visa Requirements for Vietnamese Citizens
Vietnamese Deputy Prime Minister, Tran Luu Quang, has urged Japan to consider waiving visa requirements for Vietnamese citizens. The proposal was made during a meeting between Deputy Prime Minister Tran Luu Quang and Japanese Foreign Minister Hayashi Yoshimasa, which took place on May 25th in Tokyo.
TikTok’s Content Moderation Policies Under Scrutiny in Vietnam
The Ministry of Information and Communications (MIC) of Vietnam will conduct a comprehensive inspection of TikTok’s activities in the country from May 15, 2023. The inspection is being conducted in response to concerns about the spread of harmful content on the popular social media platform.
Vibrant Activities in Ha Nam Cultural and Tourism Week 2023
On May 14th, at Tam Chuc Tourist Area in Kim Bang District, the People’s Committee of Ha Nam Province, together with the Department of Culture, Sports, and Tourism, held a press conference to announce the activities of the Ha Nam Cultural and Tourism Week 2023 and the Vietnam-Japan Traditional Art Exchange Program with the theme “Ha Nam – Journey of Connection,” commemorating the 50th anniversary of the establishment of diplomatic relations between Vietnam and Japan (September 21st, 1973 – September 21st, 2023).
Vietnam’s E-commerce Market Continues to Grow in Q1, 2023
The first quarter of 2023 witnessed a significant growth in the Vietnamese e-commerce market, as the top five platforms generated a total revenue of VND 39,000 billion, according to the Q1 report of Metric, a data analysis company.
