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TikTok, Facebook, and other foreign service providers pay $575M in taxes
Foreign service providers including Google, Facebook, and TikTok, have paid VND14.572 trillion (US$575 million) in taxes, according to the General Department of Taxation.
BYD seeks collaboration, not competition, with Vinfast in Vietnam
China’s BYD, the world’s largest electric vehicle manufacturer, wants to partner with carmaker VinFast when it launches in Vietnam in June rather than compete against the local giant.
Malaysia detects parasitic worms in 16 tons of canned fish imported from China
Malaysian authorities have found parasitic worms in a 16-ton shipment of canned sardines imported from China through Singapore.
April 26, 2024 | 09:04 pm PT
Chinese property tycoon Chen Hongtian faces demands on $200M of overdue loans
Chinese property tycoon Chen Hongtian is facing demands from banks to repay over US$200 million in loans, for which he and his family have provided personal guarantees.
April 27, 2024 | 03:00 am PT
Taxi firm Vinasun’s profits down by half
Taxi firm Vinasun’s profits plummeted by 58.5% to VND22 billion ($868,000) in the first quarter, a near two-year low, according to a company disclosure.
April 26, 2024 | 09:21 pm PT
Sacombank assures no loss on $141M loan to Bamboo Airways
Sacombank has assured that it will not lose the VND3.58 trillion (US$141 million) it has lent to Bamboo Airways, citing that the loans are secured by high-value assets.
April 26, 2024 | 09:20 pm PT
Dollar gains on black market
The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.
April 26, 2024 | 09:20 pm PT
Revenue on top five e-commerce platforms jumps 79%
Total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reached more than VND71 trillion ($2.79 billion), an increase of 79% over the same period last year.
April 26, 2024 | 05:21 pm PT
Energy industry needs $190B investment by 2030
The total capital demand for Vietnam's energy sector is estimated at VND4.13-4.8 quadrillion (US$163-189.7 billion) in investment capital during 2021-30, according to a plan to implement the National Power Planning.
April 26, 2024 | 05:20 pm PT
Vietnam becomes Singapore's 5th largest aquatic product supplier
Vietnam rose one rank to become Singapore's 5th largest aquatic product exporter for the first time last quarter, the Vietnam Trade Office in that country said.
April 26, 2024 | 05:19 pm PT
Van Thinh Phat chairwoman Truong My Lan appeals death sentence in $27B scam
Truong My Lan, the chairwoman of property developer Van Thinh Phat, who was sentenced to death in a $27 billion fraud case, has filed an appeal challenging her initial verdict.
April 26, 2024 | 05:28 am PT
Hanoi vacationers do not let high airfares stop them
High airfares between Hanoi and many of the country’s tourist hotspots during five-day Reunification Day-Labor Day holiday from April 27 to May 1 have not deterred vacationers and most flights are sold out.
April 26, 2024 | 04:46 am PT
VN-Index tiptoes up
Vietnam's benchmark VN-Index increased by 0.38% to 1,209.52 points Friday.
April 26, 2024 | 02:45 am PT
Sacombank chairman denies allegations of involvement in Truong My Lan's $27B fraud
Sacombank chairman Duong Cong Minh on Friday denied rumors of being an accomplice of Truong My Lan, a property tycoon who has recently been sentenced to death for embezzlement.
April 26, 2024 | 12:57 am PT
Novaland chairman Bui Thanh Nhon not 'running away', says CFO
Novaland chairman Bui Thanh Nhon is "not running away" from the property developer and neither is NovaGroup, its parent and biggest shareholder, its CFO has said.
April 25, 2024 | 10:50 pm PT
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Travel
Sam Tang Lake: breathtaking views on a budget
Sam Tang Lake, nestled amidst the rolling hills two hours from Hanoi, offers a captivating landscape year-round.
Hanoi's most unique streets and what they have to offer
Quang An street was recently declared one of the "coolest streets in the world" by Time Out. The British Travel Magazine praised its cozy cafes, boutique shopping and global cuisine in particular.