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Phuc Son Group bribery scandal: Millions spent on officials for business favors

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.

Which airline has the most delays and cancellations in Vietnam?

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 recalls Wigo and Alphard over safety concerns

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.

Massive real estate fraud: Hau "Phao" evades $84 million in land sales

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.

41 officials face prosecution in Hau "Phao" and Phuc Son Group corruption case

The Phuc Son Group scandal unfolds as 41 high-ranking individuals are accused of bribery, bid-rigging, and financial mismanagement in Vietnam.

VN accelerates private sector reforms: Breaking barriers for economic growth

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.

Vietnam vows to awaken the overlooked economic sector

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.

Millions of Pi Network users still waiting to unlock tokens for trading

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.

Private sector development – the driving force of a prosperous Vietnam

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 must reform policy execution to drive private sector growth

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.

Vietnam Airlines to resume Hanoi-Moscow direct flights from May 8

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 aims for 454 billion USD export revenue amidst global headwinds

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.

All businesses to conduct administrative procedures electronically from July

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.

Industrial real estate expects a boost from policies, FDI

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 resumes after upgrade and restructuring

Vietnam’s electronic tax system is back online after a scheduled suspension for upgrades and restructuring, ensuring smooth operations for taxpayers and businesses.

VN’s pepper exports hit 8-year high, projected to reach $1.5 billion in 2025

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.

Binh Duong tops Hanoi and HCMC in Vietnam’s highest-income provinces ranking

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.

Customs launches new model, processes $1.05 billion in trade on first day

Vietnam's Customs Department implemented a new organizational model, processing over 20,300 trade declarations and ensuring smooth clearance on the first day.

iPhone 16 Pro Max reaches new price low, Xiaomi15 Ultra drops VND10mil in a week

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.

Vietnam’s tuna exports face new challenges

One of the major factors impacting export trends is the limited supply of raw materials, particularly those caught by domestic fishing fleets.