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Fraud claims in Singapore jump 63%: report

Fraud claims in Singapore jump 63%: report

A dispute resolution center in Singapore recorded 829 fraud claims in the 12 months ending June 30, a 63% increase from a year earlier.
Honda Vietnam recalls nearly 2,700 CR-V Hybrid

Honda Vietnam recalls nearly 2,700 CR-V Hybrid

Billionaire Gautam Adani of India's Adani Group charged in US with bribery, fraud

Billionaire Gautam Adani of India's Adani Group charged in US with bribery, fraud

Seoul Metro apologizes for calling Chinese tourists ‘villains’

Seoul Metro apologizes for calling Chinese tourists ‘villains’

Seoul Metro, the operator of South Korea's subway system, issued an apology after referring to Chinese tourists as "villains" in a response to a public complaint about noisy riders and loud announcements at subway stations.
November 20, 2024 | 04:56 am PT
Sons of Vietnam’s richest man Pham Nhat Vuong own stake in Vingroup’s robot business

Sons of Vietnam’s richest man Pham Nhat Vuong own stake in Vingroup’s robot business

Each of the two sons of Vietnam’s top billionaire Pham Nhat Vuong holds a 5% stake in VinRobotics, a new subsidiary of Vingroup with a charter capital of VND1 trillion (US$39.35 million).
November 20, 2024 | 12:22 am PT
Authorities warn against fake Vietnam Airlines websites

Authorities warn against fake Vietnam Airlines websites

Fake Vietnam Airlines websites are taking advantage of gullible customers to “sell” them flight tickets online, especially with the holiday season approaching, authorities have warned.
November 19, 2024 | 11:12 pm PT
Hanoi woman appeals inheritance verdict in suit by mother-in-law, 84

Hanoi woman appeals inheritance verdict in suit by mother-in-law, 84

A Hanoi woman, 48, has filed an appeal against a court decision favoring her 84-year-old mother-in-law in a property inheritance lawsuit.
November 19, 2024 | 08:51 pm PT
The world's best-selling smartphone struggles to gain traction in Vietnam

The world's best-selling smartphone struggles to gain traction in Vietnam

The iPhone 15 was the best-selling smartphone globally in the third quarter, but not in Vietnam where users prefer the more expensive Pro and Pro Max versions.
November 19, 2024 | 03:47 pm PT
Confiscated assets 'enough' to compensate Saigon Commercial Bank: Truong My Lan’s lawyers

Confiscated assets 'enough' to compensate Saigon Commercial Bank: Truong My Lan’s lawyers

Lawyers of property tycoon Truong My Lan have told the court that confiscated assets worth VND700 trillion (US$27.55 billion) are “enough” to compensate the losses caused by Lan to Saigon Commercial Bank.
November 19, 2024 | 02:29 am PT
Singapore’s Resorts World Sentosa casino license renewed for only 2 years

Singapore’s Resorts World Sentosa casino license renewed for only 2 years

Singapore authorities have renewed the casino license for Resorts World Sentosa by only two years instead of the usual three due to its “unsatisfactory” performance.
November 18, 2024 | 08:08 pm PT
Vingroup’s resort arm Vinpearl goes public

Vingroup’s resort arm Vinpearl goes public

Conglomerate Vingroup’s resort and entertainment arm, Vinpearl, has become a public company, paving the way for its listing on a stock exchange.
November 18, 2024 | 07:04 pm PT
GFDI financial consultancy CEO arrested for $146M Ponzi scheme targeting 7,000 victims

GFDI financial consultancy CEO arrested for $146M Ponzi scheme targeting 7,000 victims

Nguyen Quang Hoang, CEO of Da Nang City-based financial consultancy GFDI, has been arrested for allegedly swindling 7,000 individuals out of VND3.7 trillion (US$146 million).
November 18, 2024 | 07:01 pm PT
How did Singapore’s richest man grow his wealth?

How did Singapore’s richest man grow his wealth?

Eduardo Saverin, the richest man in Singapore with a net worth of US$30.4 billion, co-founded Facebook - now internet giant Meta Platforms - and invested in several successful startups.
November 18, 2024 | 12:53 am PT
Foreign fund to sell shares worth $2.6M in taxi firm Vinasun

Foreign fund to sell shares worth $2.6M in taxi firm Vinasun

Singaporean investment fund TAEL Two Partners has registered to sell its entire 9.49% stake in taxi firm Vinasun, whose share prices have been on a downward spiral for years.
November 17, 2024 | 11:44 pm PT
Dollar edges lower against dong

Dollar edges lower against dong

The U.S. dollar weakened slightly against the Vietnamese dong Monday morning while holding firm against major peers.
November 17, 2024 | 10:05 pm PT
Lawyers ask court to ‘spare’ Truong My Lan’s life

Lawyers ask court to ‘spare’ Truong My Lan’s life

Lawyers of property mogul Truong My Lan have requested the court to “spare” her life so that she can restart delayed property projects to compensate Saigon Commercial Bank.
November 17, 2024 | 09:59 pm PT
China surpasses Japan in number of auto brands in Vietnam

China surpasses Japan in number of auto brands in Vietnam

For the first time, the number of Chinese auto brands has surpassed Japanese brands in Vietnam this year, though Japan continues to lead in market share.
November 17, 2024 | 03:32 pm PT
Thai giant Central Retail posts over $1B revenue in Vietnam over first 9 months of 2024

Thai giant Central Retail posts over $1B revenue in Vietnam over first 9 months of 2024

Central Retail, Thailand’s top retail group, has marginally boosted its revenue in Vietnam, reaching VND27.628 trillion (US$1.09 billion) in the first nine months of this year.
November 16, 2024 | 10:55 pm PT
Truong My Lan in 'mental distress' as prosecutors seek to uphold her death sentence

Truong My Lan in 'mental distress' as prosecutors seek to uphold her death sentence

She is in a state of “mental distress” after hearing prosecutors recommend that her death sentence should be upheld, Truong My Lan has told the appeal court.
November 15, 2024 | 09:29 pm PT
Why Vietnam needs AI factories: Nvidia executive

Why Vietnam needs AI factories: Nvidia executive

AI and the increasing computing power of graphic processing units will create a new industrial revolution, and Vietnam needs its own AI factories to embrace this, an Nvidia executive said.
November 14, 2024 | 07:57 pm PT
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