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Phuc Son Group chairman Nguyen Van Hau allegedly funneled over $3 million to a former district official in Vinh Long to influence leadership decisions and secure business advantages.
Aviation data shows VietJet Air had nearly 50% of its flights delayed in February, followed by Vietnam Airlines and Vietravel. The Civil Aviation Authority urges improvements.
Toyota Vietnam is recalling 3,591 Wigo units due to a brake system defect and 10 Alphard MPVs due to a hood panel issue. The recall runs from March 2025 to 2028.
Hau "Phao" sold 1,317 land lots, concealing 2,072 billion VND off the books, leading to over 504 billion VND in tax losses for the Vietnamese government.
The Phuc Son Group scandal unfolds as 41 high-ranking individuals are accused of bribery, bid-rigging, and financial mismanagement in Vietnam.
Vietnam is reforming business regulations, improving land and capital access, and fostering technological innovation to strengthen the private sector’s role in national economic development.
Over the decades of DoiMoi, nearly 5.2 million individual business households have emerged and significantly contributed to national development. However, effective measures to protect the sustainability of the economic sector have yet to be created.
Despite Pi Network’s listing on crypto exchanges, many users are still unable to withdraw their Pi tokens. Some have waited years with no clear timeline, raising concerns about the project’s future.
The private sector is driving Vietnam’s economic transformation, contributing 51% of GDP. Reforms in policy, governance, and innovation will unlock Vietnam’s full potential.
Vietnam’s private sector contributes 50% of GDP, yet struggles to scale. Experts call for a new, results-driven policy implementation model to drive growth.
As part of its expansion strategy, Vietnam Airlines plans to launch and restore 15 international routes in 2025, connecting Vietnam to key destinations such as Italy, Russia, Denmark, China, India, Japan, the Republic of Korea, and the UAE.
Vietnam exported 65.2 billion USD worth of products in January-February, a 9.9% increase compared to the same period last year. Meanwhile, imports totaled 62.9 billion USD, rising 16%, resulting in a trade surplus of 235 million USD.
Prime Minister Pham Minh Chinh has directed the Ministry of Public Security to work alongside ministries and sectors to finalise the development of specialised databases aimed at enhancing the quality of online public services.
The acceleration of legal obstacles removal in recent industrial real estate projects is creating growth opportunities for many businesses participating in this segment.
Vietnam’s electronic tax system is back online after a scheduled suspension for upgrades and restructuring, ensuring smooth operations for taxpayers and businesses.
Vietnam’s pepper export prices surged to an eight-year high, earning $184.9 million in the first two months of 2025. Experts predict a record $1.5 billion in revenue by year-end.
The latest survey by the General Statistics Office ranks Vietnam’s top-earning provinces, with Binh Duong leading the list, followed by Hanoi and Dong Nai.
Vietnam's Customs Department implemented a new organizational model, processing over 20,300 trade declarations and ensuring smooth clearance on the first day.
The iPhone 16 Pro Max continues to see price reductions in Vietnam, reaching its lowest price point yet. Meanwhile, Xiaomi’s flagship smartphone has dropped by nearly 10 million VND ($400) just one week after launch.
One of the major factors impacting export trends is the limited supply of raw materials, particularly those caught by domestic fishing fleets.