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Japan’s Aeon Mall posts $30M profit in Vietnam
Japanese retailer Aeon Mall reported profits of JPY4.23 billion (US$29.6 million) from its Vietnamese operations last year, an 8.6% increase from 2023.
Vietjet to launch flights to Con Dao using China’s COMAC jet
HCMC exporters halt hiring over fears of US tariff impact
29-year-old admissions guru makes fortune helping billionaires' kids into Ivy League schools
Christopher Rim, 29, CEO of Command Education, has helped hundreds of teenagers from wealthy families gain acceptance into the world’s most prestigious universities.
April 10, 2025 | 03:07 pm PT
Toymaker LEGO opens $1.3B green factory in Vietnam
Danish toymaker LEGO Group inaugurated its first factory in Vietnam, an over-US$1.3 billion green investment, at the Vietnam-Singapore Industrial Park III in the southern province of Binh Duong.
April 9, 2025 | 06:20 pm PT
Honda to sell first Vietnam-made electric bike this month, prices start at $1,000
Japanese bike producer Honda will start selling its first electric bike assembled in Vietnam, the ICON e:, at prices starting at VND26.9 million (US$1,040) on April 12.
April 6, 2025 | 07:17 pm PT
TVB actor Tsui Wing reveals 6-figure losses from failed tuition center business
Hong Kong actor Tsui Wing opened up about the financial setback he endured due to his failed business venture, which resulted in a six-figure loss.
April 5, 2025 | 02:58 pm PT
Actress Natalie Tong’s bakery allegedly faces declining demand after early success
Hong Kong actress Natalie Tong’s bakery 33 Cubread, which initially saw great success, is now reportedly struggling with a decline in customer traffic.
April 3, 2025 | 04:36 am PT
Prosecutors seek reduced life sentence for property tycoon Truong My Lan in $1.16B fraud case
Prosecutors have called for a reduced life sentence for property tycoon Truong My Lan, citing her repayment of a quarter of the VND30 trillion (US$1.16 billion) she defrauded from thousands of bond investors.
April 2, 2025 | 09:31 pm PT
Agency suffers $4M loss due to Kim Soo Hyun’s endorsement cancellations amid underage dating controversy
Actor Kim Soo Hyun’s agency Gold Medalist is reportedly facing a financial loss of 6 billion won (US$4.1 million) due to the cancellation of endorsement deals following his underage dating controversy.
April 2, 2025 | 12:39 am PT
Tycoon Do Quang Hien’s son takes over as chairman of Vietravel Airlines
Do Vinh Quang, a son of the founder of conglomerate T&T Group, Do Quang Hien, has become the chairman of Vietravel Airlines.
April 1, 2025 | 08:39 pm PT
Chip giant Intel seeks more suppliers in Vietnam
Intel now has 600 local partners after 19 years of operation in Vietnam and is seeking more companies to join its supply chain.
April 1, 2025 | 05:47 pm PT
Manwah, Gogi restaurants operator acquires The Coffee House for $10M
Golden Gate Group Corporation, which owns popular restaurant chains Manwah and Gogi House, has bought a 99.98% stake in beverage chain The Coffee House for VND270 billion (US$10.5 million).
April 1, 2025 | 01:59 am PT
Italian motorbike brand Ducati to shut down only northern Vietnam store
Ducati Vietnam will close its Hanoi showroom – the only one serving northern Vietnam – on Tuesday, citing market challenges.
March 31, 2025 | 01:41 am PT
Rising from the ground up: How Vietnamese tycoon Do Quang Hien trains sons to take over his empire
Prominent businessman Do Quang Hien’s two sons studied abroad and returned to work in low-level positions before gradually taking over his business.
March 31, 2025 | 12:21 am PT
Chinese hotpot chain Haidilao fetches $88M in Vietnam revenue
Chinese hot pot restaurant chain Haidilao, known for its premium service and entertainment, posted a revenue of $87.8 million from Vietnam last year, up 12.6% from 2023.
March 30, 2025 | 08:40 pm PT
Thai insurers brace for multi-million dollar payouts following Myanmar earthquake
Thai insurers may face payouts amounting to tens of millions of U.S. dollars after a powerful earthquake in Myanmar caused damage, including the collapse of a 34-story building under construction in Bangkok.
March 30, 2025 | 07:54 pm PT
Hong Kong actor Nicholas Tse earns $206M from sausage business
Hong Kong actor and singer Nicholas Tse has generated 1.5 billion yuan (US$206 million) in revenue over four years from selling fresh sausages through his own food brand.
March 30, 2025 | 03:00 pm PT
Dairy giant Vinamilk to spend $352M on highest dividend in 6 years
Vinamilk will spend over VND9 trillion (US$351.9 million) to pay a 43.5% cash dividend to its shareholders for 2024, the highest rate in six years.
March 30, 2025 | 02:00 am PT
Trump Organization eyes multi-billion-dollar projects in Vietnam
The Trump Organization and its partner in Vietnam are working on multiple investments worth billions of dollars in golf courses, hotels and real estate projects in the Southeast Asian country, a spokesman for the consortium told Reuters.
March 29, 2025 | 12:03 am PT
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