Page 3 - Layout 1

% CONTENTS | ISSUE 325, December 2021 Congratulations on Finland Independence Day

COVER STORY

Foreign investment has long been a mainstay of
Vietnam’s economic development. As the fourth out-
break of Covid-19 ravaged large swathes of the country,
it was particular pleasing to note that foreign capital
continued to pour in and that investments weren’t im-
pacted to any great extent. As the dust settles and the
“new normal” begins to take shape, foreign investors re-
main optimistic about what the future holds for Vietnam,
while the country has been actively promoting itself as
the world changes in almost every respect. With its un-
derlying fundamentals intact, Vietnam still has a positive
story to tell the world.

Editor’s letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 BANKING & FINANCE
Lending to the future International banks actively involved in fi-
AT A GLANCE
nancing more green projects . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36
Leading news from the month at a glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Back in the black Consumer credit companies eye return to pros-
perity as pandemic recedes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38
LEADERS
Enhancing perceptions Prime Minister Pham Minh Chinh sets
PROPERTY
out Vietnam’s standpoint during Europe visit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Where care will come Nursing home real estate set to benefit
from Vietnam’s aging population . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40
BIZ GUEST The whole package Integrated resorts and entertainment com-
Out on the street Mr. Duc Phung, CEO of Gojek Vietnam . . . . . . . .22
plexes catching the eye . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .42
BUSINESS REPORTS
All that’s needed; In their place; Shopping options; Flow of CORPORATE NEWS
goods; In search of senior staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 What’s happening in the world of business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .44
STARTUPS
The latest from the world of startups . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .34

DIGITAL BIZ
A new part of life Handsome growth in e-commerce likely to
Statistics Updated economic figures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .46
continue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35

P I C T U R E S B Y T R A N V I E T T U A N , D E S I G N B Y V E T M E D I A

V I E T N A M E C O N O M I C T I M E S

EDITOR-IN-CHIEF Dr. Chu Van Lam COMMERCIAL OFFICES DISTRIBUTION CHANNELS • Embassies in Vietnam, cultural centers EMAIL
Managing Editor: Ta Thu Trang Vietnam: of countries, and representatives of
HANOI • Via a network of publishers in international organizations in Vietnam. editor@vneconomictimes.com
SCIENCE COUNCIL : Tel: (84 24) 3755 2060
Prof. Dr. Sc. Nguyen Quang Thai - President, Fax: (84 24) 3755 2046 Vietnam’s 63 cities and provinces, the Overseas:
Prof.Nguyen Xuan Thang, Prof.Phan Van Tiem, Prof.Vu Huy For Advertising, contact: nationwide postal service, and book Vietnam’s Embassies and/or Commercial HANOI:
Tu, Prof. Dao Nguyen Cat, Prof. Hoang Van Cuong, Prof. and newspaper distributors in Hanoi Offices in ARGENTINA, AUSTRALIA, CHILE, 4th Floor, 98 Hoang Quoc Viet,
Nguyen Trong Hoai, Prof. Truong Ba Thanh, Prof.Tran Ngoc Ms. Pham Huyen and Ho Chi Minh City. CHINA, CUBA, CZECH, EGYPT, EU AND BEL- Cau Giay District,
Hien, Prof. Ngo Thang Loi, Prof. Nguyen Mai, Prof. Luong Email: phamthuhuyen@tbkt.vn GIUM, FRANCE, HONG KONG (CHINA), INDIA, Tel:(84 24) 3755 2050, Fax:(84 24) 3755 2058
Xuan Quynh, Prof. Nguyen Dinh Huong, Prof. Nguyen Cong INDONESIA, JAPAN, POLAND, SINGAPORE, THE
Nghiep,Associate Prof. Vu Cuong, Associate Prof.Vo Dai Luoc, HO CHI MINH CITY • Business Class lounges at airportsin HO CHI MINH CITY:
Associate Prof. Vu Van Phuc, Associate Prof. Truong Thi Minh Vietnam, on international flights of Viet- REPUBLIC OF KOREA, UAE, UKRAINE, USA... 1/1 Hoang Viet, Tan Binh District,
Sam, Associate Prof.Nguyen Hong Son, Associate Prof. Bui For Advertising, contact: nam Airlines, hotels and resorts nation-
Tat Thang, Associate Prof. Tran Dinh Thien, Dr.Vu Tuan Anh, Ms. Tu Uyen wide, coffee shops, bars, luxury Online Magazine: Tel: (84 28) 3811 7400, Fax:(84 28) 3811 7412
Dr. Vu Thanh Tu Anh, Dr. Nguyen Ba An, Dr. Le Dang Doanh. Email: tuyenp@tbkt.vn restaurants, travel agencies, international www.vneconomy.vn (Vietnamese)
schools, and international hospitals. www.en.vneconomy.vn (English) www.facebook.com/vneconomy
ENGLISH LANGUAGE EDITORJohn Harding
We would like to sincerely thank the Ministry of Foreign Affairs and all overseas embassies and representative offices of Vietnam for their support and cooperation in the worldwide circulation of our magazine.
ISSN 2734 - 9683 - LICENCE No. 272/GP-BTTTT ON JUNE 26, 2020, PUBLISHED MONTHLY BY THE VIETNAM ECONOMIC ASSOCIATION, PRODUCED IN VIETNAM AND PRINTED AT TIEN PHONG PRINTING AND COMMERCE JOINT STOCK COMPANY.© ALL RIGHTS RESERVED

www.en.vneconomy.vn DECEMBER 2021 | VIETNAM ECONOMIC TIMES | 1