Overseas remittances to Ho Chi Minh City reached nearly 5.2 billion USD in the first half of 2024, equivalent to 54.7% of last year's figure and up 19.5% year-on-year.

The Petrovietnam Power Corporation (PV Power) has proposed the implementation of the Lam Son Clean Energy Production Complex project, with an investment of nearly 4 billion USD in Ninh Thuan province.

Bamboo Airways is seeking additional capital of around 1.69 trillion VND (66.8 million USD) in the final months of 2024 to ensure its operational requirements, while also announcing the clearance of aircraft leasing debts.

CMC Global, the international business division of CMC Corporation, has achieved a remarkable feat by securing two prestigious awards at the Globee Awards, a highly esteemed accolade in the information technology sector.

In the vast offshore waters of Khanh Hoa, traditional foam buoys and wooden rafts have been replaced with environmentally friendly HDPE (High-Density Polyethylene) cages that withstand strong storms and waves.

The pressure of maturing bonds is still weighing heavily on real estate businesses in Ho Chi Minh City, forcing them to find solutions to restructure debt.

Vietnam has scored higher overall than China and Bangladesh in the United States Fashion Industry Association (USFIA)’s recent survey comparing the competitive advantages of textile-exporting countries to the US.

Vietnam, along with Thailand, are the two fastest growing e-commerce markets in Southeast Asia, according to the recently released report '2024 E-commerce in Southeast Asia' by Momentum Works.

Private conglomerate Vingroup and Vietnam Technological and Commcercial Joint Stock Bank (Techcombank) have proposed a new preferential credit package for social housing.

In the second phase of the Van Thinh Phat case, Truong My Lan's personal secretary and driver have been indicted for money laundering. The Chairwoman of Van Thinh Phat Group used these individuals to carry out her personal objectives.

Vietnam saw excellent achievements in socio-economic development in the first six months of the year. However, now is not the time to be complacent, according to the Ministry of Planning and Investment (MPI).

“By June, our export orders were full, ensuring production continuity until the first quarter of 2025,” shares a leader from Khanh Viet Corporation (Khatoco) in Khanh Hoa.

Former FLC Chairman Trinh Van Quyet has paid an additional 23 billion VND ($906,000) towards remedying the consequences of his case.

Effective from July 3, 2024, Decree 80 outlines the framework for direct power purchase agreements, aiming to enhance the collaboration between renewable energy suppliers and major electricity users.

Today, the company is struggling with accumulated losses of several trillion VND, shares trading at a fraction of their former value, and plans to sell a factory in China.

The Ministry of Finance has raised concerns about the potential risks of reducing registration fees for domestically produced cars, highlighting the possibility of violating international commitments.

Truong Anh Tuan, Chairman of Hoang Quan Group, has been temporarily prohibited from leaving the country due to outstanding tax obligations with the Can Tho Tax Department.

The Vietnamese motorcycle market continues to face significant challenges, with total supply estimated to exceed demand by over 400,000 units. Companies are grappling with negative growth, and many popular models have seen deep price cuts.

Despite significant reductions in rental prices, retail spaces in Ho Chi Minh City’s central areas continue to remain vacant. Many property owners are struggling to find tenants, even as they offer deep discounts.

The Asian Development Bank has slightly raised the 2024 growth forecast for developing Asia of 46 countries, including Vietnam, thanks to stronger domestic demand and export growth.