Tan Hoang Minh chairman, six others arrested on fraud charges

Investigators of the Ministry of Public Security on April 5, arrested the chairman of Tan Hoang Minh Group and six senior executives of Tan Hoang Minh-affiliated companies on alleged fraud charges.

WB lowers Vietnam’s 2022 economic growth to 5.3%

The World Bank (WB), in its East Asia and Pacific Economic Update on April 5, has lowered Vietnam’s GDP growth rate for this year to 5.3% from its 5.5% projection in January.

Missing Vietnamese intern found dead in Israel

A 29-year-old Vietnamese intern who went missing in Israel six years ago has been found dead in Neot HaKikar, a moshav in Arava valley in Israel.

Forbes names seven Vietnamese billionaires on 2022 rankings

Forbes has announced its list of 2,668 billionaires in the world in 2022, including seven Vietnamese executives.

FDI companies report losses: signs of transfer pricing, tax evasion

The number of foreign-invested (FDI) firms doing business at a profit in 2020 accounted for only 40.2%, while 56% reported losses.

VIETNAM NEWS HEADLINES APRIL 5

Hanoi to get 1-6 grade students back to school

VIETNAM BUSINESS NEWS APRIL 5

Over 11,200 fake Samsung chargers seized in Hanoi

 

Travel booms in young people on a year lost to Covid-19

Travel is on the rise as the worst of Covid-19 pandemic seems to be behind.

Vietnamese-American singer Teresa Mai wins Grammy award

Composer and opera singer Teresa Mai won the Grammy award for Best Classical Solo Vocal Album on Sunday (local time) in Las Vegas.

Experts warn of high risk as VND266 trillion of bonds reach maturity this year

As many as VND266 trillion worth of corporate bonds will reach maturity in 2022, accounting for 19 percent of total bonds in circulation.

Groups gear up for cloud technologies

Cloud computing is strongly driving new business models in the media and entertainment industry, with more domestic and international cloud service providers boosting their footprint.

Case at consular department shows signal of taking advantage of policy to seek illegal profit: Officer

The investigation police agency confirmed that there were acts of taking advantage of policies to seek illegal profit in the case of taking bribery at the Consular Department under the Ministry of Foreign Affairs.

Coal shortages puts thermal power plants at risk

Vietnam Electricity (EVN) has said that the amount of coal supplied to its thermal power plants (TPP) fell short of the contractual amounts, putting them at risk.

Property developer’s bond issuance canceled following false information submission

The State Securities Commission has decided to cancel nine separate bond issuances worth over 437 million USD by subsidiaries of property developer Tan Hoang Minh Group because they submitted false information.

Vietnam-developed COVID-19 vaccine candidates now in clinical trials: official

All the three COVID-19 vaccine candidates Vietnam is developing are currently in the stage of clinical trials, and if they are qualified as assessed by the ethics and advisory councils, the Ministry of Health (MoH) will grant licenses.

Another detained on charge of stock market manipulation

The police decided to launch criminal proceedings against and detain Trinh Thi Minh Hue, a member of FLC Group's accounting department, for assisting Trinh Van Quyet on the charge of stock market manipulation.

When will ministry dispatches stop bedeviling enterprises?

The overlapping and inconsistency of legal documents continues to make things difficult for businesses. 

Over 92 percent of students resume face-to-face learning

Up to 92.17 percent of Vietnamese students have returned to school, Deputy Minister of Education and Training Hoang Minh Son said at the Government’s regular press conference on April 4 evening.

Business news: corporations make changes in key personnel

Tran Kinh Doanh has resigned from his post on the board of directors of Mobile World (MWG), a major retailer.

Travel firms still complain about lack of tourists

Vietnam officially reopened tourism on March 15 with a more open visa policy for some markets.. However, the number of travelers remains modest.

Hanging by a thread

Using embroidery thread, round wooden board, nails and algorithms, Le Van Manh can produce a person's portrait in seven hours with his unusual 'string art.'

Big companies on stock market see jump in capitalization value

FPT and The Gioi Di Dong (MWG) shares saw sharp price increases last week, which put them on the list of enterprises with capitalization value of VND100 trillion.

Rich man's peculiar interest: wearing gold everywhere

Mr. Loi has a luxury automobile and a dazzling gold-plated vintage car, and also wears jewelry consisting of more than 50 taels of 18K gold.

Livestream game platforms in fierce competition

Game livestream platforms backed by the world's technology giants appear to be undefeated in the competitive battle in Vietnam.

Vietnam's aviation comes out of hibernation

The aviation sector is forecast to achieve the strongest recovery in the second quarter of this year. Meanwhile, in the stock market, many aviation stocks have surged.