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As VinFast share prices fluctuate, Vuong’s assets rise, then fall

VinFast share prices soared at its debut session and dropped sharply later, causing the capitalization value of the Vietnamese electric vehicle manufacturer on the US bourse to fluctuate by billions of dollars in more than 1-2 trading sessions.

Rainfall continues to pose risk of floods and landslides across VN

Ongoing heavy rainfall is projected to persist, heightening the potential for floods and landslides in various parts of Vietnam and raising concerns about further damage and displacement.

Mekong Aviation receives debt-collection letter 10 years after ceasing operation

Mekong Aviation JSC stopped flying 10 years ago and left the market, but it still must pay VND5.5 billion it owes to Saigon Ground Service (SGN) as per the request of the Phu Quoc City Civil Judgment Execution Sub-department.

Tech giant VNG files for IPO in U.S.

Vietnamese technology powerhouse VNG Corporation announced on the morning of August 24 that its largest shareholder, VNG Limited, has initiated the process for an initial public offering (IPO) in the U.S.

Preserving traditional art of Khmer people in Kien Giang

Preserving the traditional arts of the Khmer people in Kien Giang has always received great attention from the Party committees and authorities at all levels.

Vietnamese leaders mourn Deputy PM Le Van Thanh

Party and State leaders mourned and paid their tributes to Deputy Prime Minister Le Van Thanh at his funeral held in Hai Phong City on August 24 morning.

Central bank raises alarm as real estate non-performing loans surge

The rise in non-performing loans within the real estate sector has become a cause for alarm as the bad debt ratio escalated from 1.53% in the previous year to 2.47% during the first half of 2023.

Four family members found dead at Khanh Hoa home

Police in Khanh Hoa Province are investigating the deaths of a woman and her three daughters at their home in Cam Lam District.

Many flights diverted due to bad weather at Noi Bai airport

As many as 21 flights both from and to Hanoi's Noi Bai International Airport between 9 p.m. and 10 p.m. on August 23 had to either be diverted, delayed, or canceled due to unfavourable weather conditions.

Swimming teacher detained for student’s drowning death

A teacher has been detained by police after a child died in a swimming pool at Vietnam International School in Hanoi.

UKVFTA expected to unlock investment flow into pharmaceutical sector of VN

The UK – VN Free Trade Agreement (UKVFTA) were providing significant opportunities for Vietnam to attract foreign direct investment (FDI) into the pharmaceutical industry.

Vietnamese designer to unveil new collection at London Fashion Week

Designer Ho Tran Da Thao, under her brand Tsafari, is set to introduce her latest “Heritage – Inter-dimension Collection” at London Fashion Week on September 16, 2023, in the U.K.

Hanoi aims for 75 per cent urbanisation rate by 2030

Hanoi aims to strive for an urbanisation rate of approximately 60-62 per cent by 2025 and is projected to reach around 65-75 per cent by 2030.

VIETNAM BUSINESS NEWS AUGUST 24/2023

Vietnam remains attractive for investors: Savills

VN new passport design with ’place of birth’ receives positive global response

After the "place of birth" information was incorporated into passports, the procedures for visa applications, entry and exit, residence, and associated processes in other nations have proceeded seamlessly and without complications.

Ministry proposes foreigners to be able to own houses in Vietnam

Foreigners are entitled to own houses for a limited time but cannot own land; when the ownership period expires, they can extend once and be allowed to buy and sell houses like domestic citizens.

HOSE to roll out KRX system

The Hochiminh Stock Exchange, or HOSE, is gearing up to launch its new trading system, KRX.

Singapore PM to visit Vietnam next week

Singapore’s Prime Minister Lee Hsien Loong will pay an official visit to Vietnam from August 27 to 29 at the invitation of his Vietnamese counterpart Pham Minh Chinh, said the Vietnamese Ministry of Foreign Affairs.

UK expects Vietnam to ratify its CPTPP accession

The UK expects Vietnam to swiftly ratify the UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement.

VN athlete wins gold at World Para Powerlifting Championships

Le Van Cong on August 23 secured a gold medal for Vietnam in the men’s 49kg category at the ongoing World Para Powerlifting Championships in Dubai, after defeating defending champion Omar Quaranda from Jordan.