Truong My Lan, the chairwoman of the embattled real estate firm Van Thinh Phat, is accused of orchestrating a massive financial fraud involving 1 quadrillion Vietnamese Dong (approximately US$44 billion) through the use of SCB, a lending institution, over a…
The Bac Ninh People’s Committee has imposed a VND520 million ($22,000) penalty on Fushan Technology Vietnam, situated in the VSIP Bac Ninh Industrial Park, for unauthorized construction activities. The company proceeded with the construction of four facilities, including two mobile…
Ho Chi Minh City, the economic powerhouse of Vietnam, boasts the most sophisticated technological framework and infrastructure in the nation, along with policies that favor the growth of logistics services. It claims the top spot in the inaugural Vietnam Provincial…
Vietnam’s financial sector is experiencing significant activity in mergers and acquisitions, attracting substantial interest from international investors due to the country’s strong growth potential and its emerging status as a top investment hub in Southeast Asia. Notably, Thailand’s leading financial…
A significant number of IT professionals are facing job losses or are being compelled to resign, with reemployment opportunities being scarce amid a waning demand triggered by economic challenges. Quang Vu, an IT manager in Ho Chi Minh City, found…
The Ministry of Industry and Trade warns that a swift shift from paper to digital invoicing could potentially force many gasoline retailers to close their doors. The Ministry of Finance has introduced a new regulation mandating approximately 1,500 gas stations…
Vietnamese State President Vo Van Thuong returned to Hanoi around 7:00 am on Sunday, concluding his successful four-day visit to the United States. He attended the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week 2023 in San Francisco, California, upon the invitation…
Vietnamese President Võ Văn Thưởng hosted a meeting with Apple CEO Tim Cook on November 15 (local time). During the meeting, President Thưởng expressed appreciation for Apple’s expanding business and production in Vietnam, highlighting the positive impact of Apple products…
Vietnam has made significant progress in English proficiency, moving up two places to rank 58th out of 113 non-native English-speaking countries and territories, according to the EF English Proficiency Index (EPI) by Education First. With a score of 505 out…
Hoang Nam Tien, the vice-chair of FPT University’s board, recently discussed the impact of AI on the IT job market. During the Talent X conference on human resources held by the Vietnam Software Association, Tien highlighted how AI both replaces…