Hanoi has set a target for its per capita income in 2024 to reach VND162 million ($6,679), reflecting a 7.28% increase from the current VND151 million. During a Thursday conference on socio-economic development in 2024 led by the Hanoi People’s…
MM Mega Market Vietnam, a key brand under the umbrella of the Thai multinational corporation BJC BigC, has successfully acquired the land use rights for a commercial area project through an auction. The selected site is located southeast of a…
The total investment in Southeast Asian tech startups witnessed a significant decline of 65%, totaling $4.3 billion in 2023 compared to $12.4 billion in 2022. Tracxn, a prominent SaaS-based market intelligence platform globally, released its Geo Annual Report: SEA Tech…
Truong My Lan, the chairwoman of real estate developer Van Thinh Phat, faces charges of misappropriating VND304 trillion ($12.53 billion) from lender SCB, alongside allegations of providing $5.2 million in bribes to officials. The Supreme People’s Procuracy of Vietnam issued…
Minister of Planning and Investment Nguyen Chi Dung expressed Vietnam’s substantial potential in developing the semiconductor and AI industries, affirming the commitment to creating favorable conditions for NVIDIA Corporation, a leading US chip producer, on December 11. During a roundtable…
VietinBank is gearing up to auction a 2021 McLaren 765LT Coupe, a two-seater seized in October, with bidding starting at VND27.5 billion (US$1.13 million). VietinBank AMC, responsible for debt collection, revealed that the car, bearing license number 51K-011.86, was registered…
Katy Perry, the renowned American pop star, is set to make her debut performance in Vietnam on December 20. The performance will take place at the Ho Guom Opera House in Hanoi and is part of the VinFuture Science and…
Vietnam has entered into a new agreement, signed during the visit of China’s Party General Secretary and President Xi Jinping, enabling the official export of watermelons to China within specified quotas. This protocol plays a pivotal role in setting standards…
While Ho Chi Minh City has greenlit 23 sports and cultural projects under public-private partnership (PPP) agreements, concerns arise as experts note a reluctance among private investors to back these initiatives. These projects target the construction, renovation, or enhancement of…
Despite the growing demand for yachts in Ho Chi Minh City, the majority of mooring sites fail to meet the necessary standards, creating obstacles for both manufacturers and potential buyers. According to the Department of Tourism, Ho Chi Minh City…