Hanoi is considering the construction of a new metro line along Le Van Luong Street as a replacement for the existing BRT (bus rapid transit) line, aiming to enhance public transportation choices. The Hanoi People’s Committee is currently seeking public…
Truong My Lan, the chairwoman of Van Thinh Phat, a disgraced property developer, has been accused of manipulating SCB, a lender, to misappropriate VND304 trillion ($12.53 billion) from its customers. The Ministry of Public Security has recommended charging Lan with…
President Vo Van Thuong has urged the U.S.-APEC Business Coalition to advocate for the U.S. to officially recognize Vietnam as a market economy. The U.S.-APEC Business Coalition is a collaborative effort that facilitates meetings between U.S. business leaders and APEC…
The relocation of residents affected by the construction of Long Thanh International Airport is facing a funding shortfall of VND2.51 trillion (US$103 million) due to bureaucratic obstacles. The government had approved a total budget of VND22.86 trillion for the relocation…
The Ministry of Planning and Investment has recently suggested extending the timeline for the Grand Ho Tram Strip casino project in Ba Ria-Vung Tau Province, southern Vietnam until 2027. This marks the 11th time the developer has requested a change…
According to the general director of Uniqlo Vietnam, Hideki Nishida, Uniqlo relies on 80 factories and 240,000 workers in Vietnam to produce their products, making Vietnam one of their top manufacturing hubs in Asia. The products made in Vietnam are…
Wuling Hongguang Mini EV, already known as the most affordable electric vehicle (EV) in Vietnam priced at VND239 million (US$9,500), has become even more budget-friendly with a VND15 million price reduction. With the car market currently flooded with generous discounts…
Jardine Cycle & Carriage Limited, a Singapore-based entity and a key regional investment holding entity of Jardine Matheson Group, has participated in a private placement by subscribing to convertible bonds valued at $350 million, according to a source familiar with…
During a meeting with Deputy Prime Minister Tran Luu Quang on November 6, Jifan Gao, the Chairman and General Manager of Trina Solar, revealed their plans to invest an additional $420 million in Thai Nguyen. This expansion in Thai Nguyen…
The south-central province of Khanh Hoa is set to witness the construction of a state-of-the-art primate center dedicated to scientific research. The ambitious project, known as the Khanh Binh Hi-Tech Primate Farm, will span 18 hectares and cost approximately $11…