Hunt continues for foreign mentor behind Mr Pips' US$60 million fraud network

The foreign "mentor" is believed to have taught Pham Duc Nam, better known as Mr Pips, the sophisticated methods used to orchestrate 920 fraud cases that allegedly defrauded victims of more than VND1.568 trillion (US$60 million).

Police dismantle major gambling rings worth nearly US$75 million

Police in Ninh Binh, Can Tho and Da Nang have dismantled several large-scale gambling and football betting networks with total transactions estimated at nearly VND2 trillion (about US$75 million).

Vietnam intensifies probe into holiday contract fraud scheme

Vietnam's Ministry of Public Security has expanded its investigation into an alleged holiday contract fraud network, pledging to recover as much of the victims' money as possible while urging the public to remain vigilant.

South Korea camp offers Vietnam decisive ASEAN Cup rehearsal

Vietnam's three friendly matches in South Korea will provide stern challenges while giving head coach Kim Sang Sik valuable opportunities to fine-tune his squad ahead of the 2026 ASEAN Cup.

The two sides of Foreign Direct Investment in Vietnam

For many years, FDI has been a major advantage for Vietnam. But in the new phase, FDI cannot merely be an advantage in terms of capital, jobs, and exports. The country needs to transform FDI into enhancing the capability of Vietnamese businesses.

Owners of cafes react to rule requiring copyright fees to play music

From July 1, music copyright fee collection at coffee shops and restaurants will follow a new rate. While owners support the policy, they remain concerned about the procedures and implementation.

Heirs of banking tycoons step into the spotlight

After decades of growth, many billion-dollar private conglomerates founded by Vietnamese entrepreneurs are entering a new phase of succession, gradually passing leadership and wealth to the next generation.

Beating cancer for 33 years: a woman’s story of survival and hope

In 1992, T.T.T. contracted breast cancer. After treatment, she has sustained her life for 33 years thanks to a healthy lifestyle.

Vietnam plans higher student loans for disadvantaged youth

Vietnam plans to expand student loan support, raising borrowing limits and widening eligibility to help ensure financial hardship does not prevent young people from pursuing higher education.

Pickup-truck owners welcome new rules as market is tipped for revival

The regulation, taking effect on July 1, lifts major travel restrictions for the vast majority of pickup trucks on numerous routes.

Vietnam enters upper-middle-income group after decades of reform

Vietnam has officially joined the World Bank's upper-middle-income group, marking a major milestone after nearly four decades of economic reforms and opening a new chapter in its journey toward becoming a high-income economy by 2045.

PNJ Lab case puts Vietnam's diamond certification sector under scrutiny

The arrest of PNJ Lab's former director in a diamond smuggling investigation has drawn attention to the crucial role certification laboratories play in Vietnam's jewellery market.

Miyazaki expands cooperation with Vietnam's mountainous provinces

Vietnam and Japan's Miyazaki Prefecture are seeking deeper cooperation in education, high-tech agriculture, youth exchanges and sustainable development for ethnic minority communities.

Vietnam's GDP grows 8.18% in first half of 2026

Vietnam's economy maintained solid growth momentum in the first half of 2026, with gross domestic product (GDP) expanding by 8.18%, while average inflation, measured by the consumer price index (CPI), rose 4.38%.

Minister visits ethnic minority communities in Lam Dong

Minister of Ethnic and Religious Affairs Nguyen Dinh Khang visited and presented gifts to respected community figures and disadvantaged ethnic minority households in Lac Duong Commune, Lam Dong Province, during a working trip on July 2.

Hoa Hao Buddhism marks founding anniversary in Ho Chi Minh City

Hoa Hao Buddhists in Ho Chi Minh City marked the religion's founding anniversary with a ceremony highlighting humanitarian work, interfaith dialogue and national unity.

World Bank classifies Vietnam as an upper-middle-income economy

The World Bank (WB) has classified Vietnam as an upper-middle-income economy after the country's gross national income (GNI) per capita rose to US$4,970 in 2025.

Northern Vietnam on alert as Typhoon Maysak approaches

Typhoon Maysak has strengthened and is moving toward the Gulf of Tonkin, prompting 11 northern Vietnamese provinces and cities to activate emergency response measures.

Vietnam allocates US$4.9bn for provincial and commune mergers

Vietnam's Ministry of Finance has allocated about VND128 trillion (US$4.9 billion) to help local governments implement provincial and commune mergers under the country's administrative reform program.

Vietnam to pilot overseas representative offices for provincial governments

The Vietnamese Government has issued Decree No. 227/2026, detailing several provisions on promoting the participation of local authorities in international organizations, forums, cooperation networks, and international integration.

Hanoi studies priority commune-level administrative units

Hanoi Party Secretary Tran Duc Thang said the capital will study the establishment of priority and special commune-level administrative units based on the experience gained during one year of operating under the two-tier local government model.

Vietnamese rescue team deployed in hardest-hit earthquake zone in Venezuela

Vietnam's search and rescue mission is continuing relief operations in Playa Grande, La Guaira State, one of the areas hardest hit by the devastating earthquakes that struck Venezuela.

Vietnam lists 22 categories of income exempt from personal income tax

The Vietnamese Government has issued Decree No. 253/2026, detailing several provisions and implementation measures under the Personal Income Tax Law.

Vietnam offers 300% salary support to international integration experts

Vietnam has introduced a new decree offering generous incentives, including monthly salary support of up to 300%, to attract leading scientists and experts in international integration and strengthen the country's foreign affairs capacity.

Big four’ bank executive voices concern over surging credit growth

As credit growth continues to outpace deposit growth, liquidity pressures are mounting across Vietnam's banking system. Many banks, particularly the “Big 4” state-owned lenders, have stepped up bond issuance to raise additional funding.