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Life insurance companies continued to have another tough year in 2024 after the ‘aftershocks’ of the 2022 crisis. The number of life insurance companies recording a decline in profit in 2024 was overwhelming.
Billionaires and big brands aside, most Vietnamese businesses remain small and face barriers to regional expansion.
After merging with Thai Binh, Hung Yen will be compact in size but emerge as a national economic powerhouse.
Starting April 21, VCCI is no longer authorized to issue certificates of origin or register REX codes under a new decision by the Ministry of Industry and Trade.
Strong Q1 growth driven by foreign and private enterprises, while SOE contributions declined.
The Central Highlands is poised for a transformative leap forward as five inland provinces prepare to merge with coastal neighbors, turning the previously landlocked region into one with direct access to the sea.
While new listings rise in price, resale units drop by up to 50% as buyers grow cautious.
Transactions during "land fever" periods often do not reflect true value as the prices are driven instead by speculation or market psychology, according to Giang Do from Savills Vietnam.
A group of customers all claimed they had suffered fractures or burns just a few months after their insurance contracts took effect, indicating the possibility of fraud.
Vietnamese bank LPBank has reduced its workforce by 15% in just three months while posting record profits.
To boost ethanol imports from the United States tenfold to approximately 1 million tons annually (equivalent to $1 billion), the Vietnam Biofuel Association has proposed that the government swiftly implement a nationwide E10 biofuel gasoline program.
South Korea's investment in Vietnam is expected to exceed USD 100 billion within the next two to three years, up from USD 86.8 billion in 2024, according to Park Bong Kyu, Chairman of the Korea CEO Summit (KCS).
The bank must pay over VND 92 million for delays in bond procedures, marked as repeat offenses.
In just one decade, gold prices in Vietnam have fluctuated dramatically, climbing nearly 85 million VND (about $3,340) per tael, from 33.3 million VND per tael in 2016 to 118 million VND today.
With electricity bills exceeding VND1 million monthly and consumption over 400 kWh, EVN recommends that households consider rooftop solar power to cut costs and ease pressure on the power sector.
Newly merged cities like HCMC and Hanoi will account for nearly 50% of Vietnam's GDP and 62% of its national budget revenue.
With a major merger underway, residents will soon travel from the Central Highlands to Tuy Hoa’s beaches via key routes like National Highway 29.
Gold surged to 118 million VND per tael as hundreds queued in Hanoi’s Tran Nhan Tong Street, causing chaos and stock shortages.
Vietnam now permits the import of aircraft from Canada, Brazil, Russia, the UK, and China, alongside Airbus and Boeing.
Experts have noted that insurance fraud is spiking. Horrific crimes have been committed just to get insurance benefits