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Vietnam's billion-dollar durian faces new rival in Chinese market

Vietnam's billion-dollar durian is entering its main harvest season with an estimated output of 1.5 million tons, a significant increase from last year. However, this commodity will face new competition in the Chinese market from Malaysia.

Six-year delay: 'Made in Vietnam' policy stalled after Asanzo scandal

Mr. Pham Van Tam, former Chairman of Asanzo Group, was arrested a few days after being prosecuted. Reflecting on the past, a policy aimed at bringing transparency following the Asanzo scandal has yet to materialize.

Huge capital needed for building metro networks in Hanoi, HCM City

The two largest cities of Vietnam, Hanoi and Ho Chi Minh City, are developing plans to mobilise capital for constructing an extensive urban railway (metro) network by 2035.

USD hits all-time high in Vietnam's free market

Foreign exchange points in the free market this morning bought USD at a common price of 25,870 VND/USD and sold at 25,950 VND/USD. This is the highest USD price in the free market ever recorded.

Vietnam and Ireland ink agri-food cooperation agreement

Vietnam and Ireland have signed a Memorandum of Understanding on enhanced cooperation in the fields of enterprise and cooperative development and agri-food innovation.

Deposits at Vietnamese banks reach record high of US$628 billion

Despite low interest rates, bank deposits have reached a new historic peak of VND16 quadrillion (US$628.5 billion) as of the end of March, according to the latest data from the central bank.

Vietnam exports red and yellow-fleshed dragon fruit to Saudi Arabia

Vietnamese red and yellow-fleshed dragon fruit has made its first presence in the Spinneys supermarket chain of the United Arab Emirates (UAE) which was inaugurated in Riyadh capital of Saudi Arabia on June 24.

Lawmakers call for tax on small orders via Shopee, TikTok to protect revenue

National assembly deputies are concerned that failing to tax small-value imported goods sold through platforms like Shopee, Lazada, Tiki, and TikTok could lead to substantial revenue losses for the state budget.

Vietnam enhances customs control over invasive species

The General Department of Customs (Ministry of Finance) has directed local customs authorities to take immediate and stringent measures to prevent and manage the import of invasive alien species, particularly crayfish (Procambarus clarkii).

Temporary closure of Heineken Quang Nam Brewery due to market decline

On June 24, the People's Committee of Quang Nam Province announced that Heineken Vietnam Brewery Company Limited (Heineken Vietnam) had issued a document stating the temporary suspension of operations at its Quang Nam factory.

Shark Tank Vietnam stars battle scandals and financial woes

Famous in the business world, many "sharks" from the Shark Tank Vietnam TV show have faced significant challenges, ranging from scandals and financial losses to legal troubles.

Former Asanzo Chairman Pham Van Tam detained in tax evasion case

The Ho Chi Minh City Police Department has changed the preventive measure from a travel ban to temporary detention for Pham Van Tam, the former Chairman of the Board of Directors of Asanzo Group.

Stock market reacts to SK Group divestment rumors

At the opening of the trading session on the morning of June 24, the VN-Index fell sharply, losing 21 points to 1,260 points by nearly 11 a.m.

Vietnamese software industry seeks to tap into lucrative European market

The number of Vietnamese software companies participating in the European market is currently limited. How to attract European customers with adequate resources and sustain long-term growth is a key concern for many businesses.

Prices soar for new high-end apartments, old collective quarters

In Hanoi, luxury apartments are selling up to VND200 million per sq m, while flats in poor condition in old collective quarters are priced at over VND100 million per sq m.

Early enforcement of Land Law to help promote real estate market

Minister of Natural Resources and the Environment Dang Quoc Khanh believes that if the Land Law takes effect earlier than planned, this will help the property market, free up land resources, and speed up public investment and social housing projects.

Vietnam’s stock market not yet upgraded

Even though the market liquidity is on par with regional markets like Indonesia, Malaysia and Singapore, Vietnam’s stock market remains in frontier status.

World Bank approves 107 million USD to enhance inland waterway safety in Vietnam

The World Bank has approved a 107 million USD credit to enhance the capacity, efficiency, and safety of inland waterways in the southern region of Vietnam, while also aiming to reduce greenhouse gas emissions in the transport sector.

Coffee exports exceed 3 billion USD

Vietnam's coffee exports has topped 3 billion USD so far this year.

Pacific Airlines returns to domestic skies

Pacific Airlines will resume the operation of domestic flights on June 26 with a plane transferred by its parent company Vietnam Airlines Group, according to Tuoi tre (Youth) newspaper.