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Vietnam’s auto market warms up again as manufacturers slash prices

The domestic automobile market bounced back in May after a month of low sales as manufacturers cut selling prices amid weak demand.

Thousands of trucks exposed to sun and rain remain unsold in Thanh Hoa

Thousands of inventoried trucks belonging to the VEAM (Vietnam Engine And Agricultural Machinery Corporation) automobile factory remain unsold, though the starting price is lower than the cost price.

2 foreigners wanted for illegal $4.5b overseas money transfers for Truong My Lan

Two foreigners are wanted by authorities for their alleged involvement in illegal cross-border transfers of US$4.5 billion related to Van Thinh Phat group and its chairwoman, Truong My Lan.

Hanoi market accepts new level of apartment price

Customers accept new levels of apartment prices in Hanoi after surging in the past months.

Vietnam facilitates the establishment of free trade zones

The Government will consider allowing all localities in the country to develop free trade zones if they meet the necessary conditions and standards, Minister of Planning and Investment Nguyen Chí Dung said.

VN-Index surpasses 1,300 points after 2 years, what's next?

The VN-Index made a surprising leap on June 12, closing the session up by nearly 16 points and surpassing the 1,300-point threshold for the first time in two years.

Airlines propose further easing visa rules to attract foreign visitors

Some airlines have proposed that the government continue to ease visa rules to attract more foreign visitors, especially those from key markets such as Australia, the United States, Japan, India and China, to Vietnam.

Vietnam seeks to tap into game industry’s huge potential

The game industry in Vietnam has recorded strong progress recently, and authorities are moving to tap into its substantial potential.

Green movement extends beyond real estate sector

Pizza 4P’S, a restaurant chain, and Diageo, an alcoholic beverage company, have created green buildings and works. VietinBank requires green certificates for financial packages.

Vietnam likely to become second largest growing digital economy in ASEAN by 2030

Vietnam was the fastest-growing digital economy in ASEAN in 2023, and with its potential it is on the road to becoming the second-largest by 2030, said the Hong Kong and Shanghai Banking Corporation (HSBC) in its recent report “Vietnam at a glance.”

Surge in digital payments in Vietnam

The trend towards cashless payments is experiencing rapid growth in Vietnam, driven by both card payments and QR Code transfers. This shift is supported by significant advancements in digital payment infrastructure and services.

Sconnect requests support from Vietnamese authorities in copyright dispute

Despite ceasing to own the Peppa Pig cartoon character series since September 2023, entertainment company eOne persists in claiming copyright over Wolfoo content on YouTube, leading to significant financial losses for Sconnect.

No evidence of missing goods: Cat Lai Port operator

The operator is currently working with the relevant authorities, including the police, to establish whether the pepper and coffee cargo went missing from the actual port.

Van Thinh Phat urged to compensate victims in billion-dollar bond scandal

Police are urging Van Thinh Phat group to collaborate with Tan Viet Securities and Saigon Commercial Joint Stock Bank (SCB) to compensate over 35,000 victims in a billion-dollar bond fraud case, considered the most severe in Vietnam’s history.

Shifts in investment flows for export-oriented industries

The country's textile, garment and footwear industries have long relied on imported raw materials, causing a current trend of foreign enterprises shifting industries to other countries, said insiders.

Hanoi considers nine more social housing projects

The Hanoi Department of Planning and Architecture has proposed the development of nine more social housing projects with a total area of 669 hectares in several suburban districts.

Hanoi to hold dialogue with foreign invested businesses

The Hanoi People's Committee will organise a conference to open up a dialogue with foreign investment enterprises in August this year.

HCM City needs US$251.5 billion in investment for 2021-2030

Ho Chi Minh City needs 6.4 quadrillion VND (251.54 billion USD) in investment for the 2021-2030 period, according a draft report on the planning of country’s southern biggest economic hub.

Vietnam's instant noodles no longer subject to EU’s food safety control

Vietnam's instant noodles will be exempted from food safety control in the EU starting from July 2, as they have met related regulations,

Will the Tuan Chau Group president be the next Vietnamese dollar billionaire?

A decade ago, Dao Hong Tuyen, president of Tuan Chau Group, was believed to have more than $1 billion, but he denied it. His name, however, has been mentioned once again as a candidate for the next Vietnamese dollar billionaire.