June 15, 2024
Illegal Vietnam gambling sites sponsoring sports teams in Europe
Gambling in Vietnam is illegal but is still rampant. There have been some attempts to legalise the practice, particularly sports betting, with guidelines for a pilot program legislated back in 2017, but no business has as yet taken up the opportunity. This is in large part due to very restrictive regulations that limit the size of a bet to VND 1 million or about US$42 and to just a handful of sports. A minimum capital contribution of VND 1 trillion or US$42 million is also required…
Vietnam looking at introducing sugar tax on soft drinks
Dubbed the ‘sugar tax’ this has been raised several times in the past. The American Chamber of Commerce in Vietnam came out against the idea back in 2018 arguing there was no evidence legislating a sugar tax would reduce consumption of sugary drinks. That said, a study on a similar tax in Mexico found that the consumption of sugary beverages fell 6 percent in its first year of implementation…
In today’s news: Grab response proposed industrial action, Vingroup founder + wife LP Bank ownership, Mortgage rates under pressure, New chemical plant HCMC, Russia
In today’s news: HCMC data centre land lease, Russia-Vietnam strategic oil reserves chats, AI slop factory Hanoi, Government bond auction results, F&B industry revenue
In today’s news: Traveler data compromised, KOL summit party commitments, Vingroup ownership VinFast Australian arm, Vingroup loans guaranteed by VN banks, Keppel VN land
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It