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Trial begins for 15 defendants in Tan Hoang Minh Group's $348m fraud case

The defendants are accused of conspiring in deceptive practices, fabricating business activities, and manipulating financial reports to create a facade of legitimacy.

Retail premises in central HCM City left idle, market remains quiet

Many retail premises in HCM City that were once popular despite very high rents have been idle for a long time.

Vingroup exits Vincom Retail, shifts parent company status

Vingroup JSC has announced it will sell its stake in Vincom Retail and no longer be the parent company of the nationwide retail centre system.

FDI sector becomes key Vietnamese growth driver: Vietnam Business Forum

FDI sector is considered to be a key driving force to develop the economy, accelerate international ties, and support local firms to get further involved in global value chains, said the Minister of Planning and Investment at the VN Business Forum.

Vietnam Oil and Gas Group has new CEO

Le Ngoc Son, deputy CEO of Vietnam Oil and Gas Group (PVN), has been promoted to the post of CEO, with effect from March 18, the local media reported.

VN central bank drains more money from system

The State Bank of Vietnam (SBV) has withdrawn nearly VND75 trillion from the banking system over the course of the last five trading sessions.

Regulatory sandbox to be developed for three fintech solutions only

In the latest draft, the regulatory sandbox will be developed for three fintech solutions, including credit scoring, open application programming interface (API) and P2P lending.

Top 50 US businesses land in VN to seek opportunities

A delegation of 50 top US businesses arrived in Vietnam on March 18 to seek cooperation opportunities in various sectors.

VinFast founder launches global EV charging station company

Pham Nhat Vuong, Chairman of Vingroup and founder of Vietnamese electric vehicle maker VinFast, on March 18 announced the establishment of V-Green Global Charging Station Development Company (V-Green).

Vietnam bucks trend of global economic freedom decline: US news site

While economic freedom is declining around the world, Vietnam is bucking the general trend, with lot of work to do to join the ranks of economically free countries, said Rainer Zitelmann in his recent article published by Washington Examiner.

Vietnam's exports to US steadily recover

Vietnam's exports to the US have steadily rebounded since late last year, experiencing robust growth in export value during the first two months of 2024.

Vietnam has 752 ultra-wealthy people, but many remain hidden: reports

There are 752 super-rich individuals in Vietnam, and the figure has been increasing with the growth rate among the top five in Asia Pacific, according to Knight Frank 2024 Wealth Report.

HCM City to develop ecological industrial parks

HCM City will focus on developing eco-industrial parks (EIP) to attract new investment, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).

Industrial real estate emerges out of storm

The industrial real estate segment has emerged as a driver of the property market after sailing through the economic storm last year thanks to the foreign direct investment (FDI) influx, experts have said.

Hanoi to hold dialogues with investors, businesses in late March

During the conference, city leaders will exchange views, provide answers, and address the difficulties faced by enterprises investing and operating in industrial zones and clusters in the city.

Man owes bank nearly VND9 billion in credit card’s interest after 11 years

People should check and double-check their credit cards' terms and their issuers' debt management policies before signing up for one, said industry insiders.

VN rice exporters compete with strong rivals in Southeast Asian markets

Vietnam’s rice exporters have been warned that they will have to compete with Thailand has begun boosting exports to Indonesia and the Philippines.

HCM City lacks land for industrial production, focuses on high-tech for growth

Land in HCM City has become very expensive, and is considered more attractive for urban development and real estate rather than industrial production.

PVN seeks credit packages worth over $10.11 billion

Vietnam Oil and Gas Group (PVN) plans to seek credit packages worth about VND250.3 trillion (US$10.11 billion) from now to the end of 2024 to serve its development investment, the company's chairman Le Manh Hung said.

More practical policies for hybrid vehicles proposed

It is necessary to study proposals from experts and businesses to have more practical policies for electric vehicles, particularly hybrid vehicles.