Four leading postal service firms in Vietnam have been fined for unfair competition, with penalties totaling nearly USD 31,400.

Pham Ngoc Vinh, chairman of the Board of Directors of Bamboo Airways (Tre Viet Aviation Joint Stock Company), and CEO Luong Hoai Nam have both stepped down from their positions citing personal reasons.

Doan Hoang Nam registers to buy 27 million HAG shares as his father sells 25 million.

Taxi operator says remaining debt will be paid once both sides reconcile accounts.

French pay-TV group Canal+ is considering withdrawing from the Vietnamese market after prolonged losses. K+ has issued an official statement addressing the matter.

CT Group stands as one of Vietnam's largest technology and innovation conglomerates, persistently pursuing a self-reliance strategy to master advanced technologies across nine high-tech sectors.

By the end of 2024, Vietnam had nearly 74,000 active digital technology enterprises, up 10.1% year-on-year. Total revenue of the information and communications sector was estimated at 166.7 billion USD, an increase of 13.2% compared to 2023.

In its article published on August 13, AP wrote “Vietnam aims to get rich by 2045 and become Asia’s next “tiger economy” - a term used to describe the earlier ascent of countries and territories like the Republic of Korea (RoK) and Taiwan (China).

Foreign investment made up 2.4 billion USD of the total, with 133 new foreign-invested projects registering over 1 billion USD, and 106 existing projects recording capital increases totalling 1.33 billion USD.

Vietnam’s average export price for rice currently stands at 514 USD per tonne. Although this is lower than in recent years, it remains higher than that of other suppliers, he said, noting that the global rice market is experiencing oversupply.

Declining birth rates are shrinking household sizes, reducing demand for large homes, and transforming the structure of Vietnam’s real estate market, according to the Vietnam Association of Realtors (VARS).

Vietnamese businesses import nearly 1.9 million tons of cashew nuts, with Cambodia contributing almost half the supply.

Instead of restricting or banning charging areas as before, many apartments and rental houses in Hanoi’s city center are now planning to expand safe parking and charging spaces for electric motorcycles.

Local land price tables should avoid unrealistic pricing that is either too high, burdening businesses, or too low, causing budget revenue losses.

Leaders of Khanh Hoa province met with executives of HD Hyundai and SK Innovation to explore opportunities to partnerships in shipbuilding and energy industries.

The Ministry of Industry and Trade has proposed six types of commodity exchanges to be operated at the international financial centre (IFC), which would cover both traditional goods markets and emerging financial and commercial products.

The PM lauded Qualcomm’s two-decade partnership with Vietnam, spanning mobile connectivity, technology transfer, artificial intelligence (AI) research, STEM education, startup incubation, and innovation ecosystem development.

Two-way trade between Vietnam and Cambodia topped 7 billion USD in the first seven months of the year, up 16.3% against the same time last year.

Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market.

Notably, the hybrid segment recorded the strongest growth, with 7,112 units sold, a 72% year-on-year increase. The figures reflect a shift in consumer preference towards more environmentally friendly vehicles.