Real estate enterprises are facing significant debt maturities of nearly 59 trillion VND (2.3 billion USD) and a rapidly rising delinquency rate in the sector.

Vietjet and Airbus on July 22 officially signed a contract for the purchase of 20 new-generation wide-body A330neo (A330-900) aircraft, totaling $7.4 billion by the manufacturer’s list price, at the Farnborough International Airshow 2024 in the UK.

Ho Chi Minh City plans to construct three international passenger terminals in the Can Gio coastal urban area, Mui Den Do, and Ben Nghe port as part of its efforts to develop waterway transport and attract tourists.

Nguyen Quoc Cuong, popularly known as Cuong 'Dollar,' has been appointed as the new CEO of Quoc Cuong Gia Lai JSC, succeeding his mother, Nguyen Thi Nhu Loan, who was recently dismissed from the Board of Directors.

Once a prominent figure in the company, Nguyen Quoc Cuong’s role and the timing of his exit are critical to understanding the full scope of the company’s controversial land transactions.

On the first day of the Trinh Van Quyet trial, only 30 out of 30,403 investors showed up, prompting concerns over how their absence might affect the case and their rights.

The amount of cash owned by state-owned enterprises (SOEs) is the dream of other enterprises, a survey has found.

Lotte Rental Co., a major car rental firm in the Republic of Korea (RoK), on July 22 announced that it will enter Vietnam's individual long-term car rental market in the second half of this year.

The nation imported over 8.22 million tonnes of iron and steel during the first six months of this year, up 48% in volume and 25% in value compared to the same period from last year.

Vietnamese garment and textile exports to the EU recovered slightly during the first half of the year, with turnover reaching more than US$1.9 billion in the reviewed period.

As many as 63 foreign and four local carriers have been operating nearly 160 international routes connecting Vietnam to other countries around the world in the first half of the year.

Vietnam's seaport cargo throughput is set to reach 1.2-1.4 billion tonnes by 2030, with container cargo expected to range from 46.3 to 54.34 million TEUs.

The Vietnamese Government has outlined a comprehensive action plan to continue fasttracking the country's industrialisation and modernisation by 2030, with a long-term vision extending to 2045.

A VN tycoon wants to sell a factory in China; Quoc Cuong Gia Lai is embroiled in controversies; the Deputy PM has requested a study on the proposal to establish a fuel trading floor.. these are among the notable economic news items of the past week.

Aniday revolutionizes SEA business expansion with innovative headhunting and EOR services, ensuring rapid and compliant growth.

Vietnamese SMEs' (small and medium enterprises) online exports have been increasing, and are expected to help raise Vietnam’s cross-border e-commerce value to $10 billion by 2026.

Last year, the ratio of operating aircraft among those with AOC reached 94.4%. However, this rate drops to 85.6% this year due to the recall of engines.

Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4% in the first half of this year.

The Ministry of Industry and Trade (MoIT) has requested local associations and businesses to coordinate implementing key solutions to promote imports and exports as sea freight rates rise.

Saigon Commercial Bank (SCB) has recently closed 9 branches in just two days, pushing the total number of closed branches to 91. This comes in the wake of the bank’s ongoing financial difficulties linked to the Van Thinh Phat scandal.