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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.
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.
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
Gold prices approach record highs again
Saigon Jewelry Company gold bar price rose 1.1% to VND85.2 million ($3,361.6) per tael Friday afternoon, close to its all-time high of VND85.5 million on April 15.
April 25, 2024 | 10:29 pm PT
Dollar weakens against dong
The U.S. dollar decreased slightly against the Vietnamese dong Friday morning.
April 25, 2024 | 10:23 pm PT
‘We will never let VinFast go’: Vingroup billionaire chairman Pham Nhat Vuong
Vingroup will always back VinFast, which is its mission and future, billionaire chairman of the conglomerate, Pham Nhat Vuong, has said.
April 25, 2024 | 07:24 pm PT
Grid could stop buying rooftop solar from private sellers
The government might stop paying for rooftop solar power sold to the grid to prevent an overload and abuse of its renewable energy incentives.
April 25, 2024 | 07:14 pm PT
Honda recalls 221 of its most expensive motorcycles for faulty fuel pump
Honda Vietnam is recalling 221 of its two most expensive motorcycles, the CBR1000RR Fireblade and Gold Wing, for faulty fuel pumps that could cause their engine to stall.
April 25, 2024 | 06:25 pm PT
No one will buy a 100-square-meter apartment for $275,000
People in my apartment building often boast that their 100-square-meter units have appreciated to VND5-7 billion (US$196,700-275,100), but I am sure no one will buy them at those prices.
April 25, 2024 | 05:30 pm PT
Single people need over $100,000 annually to live comfortably in US
The median income required to lead a comfortable life as a single person can exceed $100,000 a year in the most expensive U.S. states, a new report found.
April 25, 2024 | 03:30 pm PT
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Travel
Japan town to block Mount Fuji view from troublesome tourists
A huge black barrier to block Mount Fuji from view will be installed in a popular photo spot by Japanese authorities exasperated by crowds of badly behaved foreign tourists.
World's first-ever flight for dogs to take off next month
Bark Air, a new airline dedicated to dogs and their caretakers, is set to debut on May 23, marking the launch of a new luxury service for man's best friend.