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How big are the projects Vietnam’s richest billionaire Pham Nhat Vuong is pursuing?

How big are the projects Vietnam’s richest billionaire Pham Nhat Vuong is pursuing?

Vingroup, whose chairman is billionaire Pham Nhat Vuong, said it is withdrawing from the North-South high-speed rail project to focus on some other major ones for which it has already got approval.
Dollar slides against dong

Dollar slides against dong

Which country has the second largest rare earth reserves in Southeast Asia?

Which country has the second largest rare earth reserves in Southeast Asia?

Vietnam's richest billionaire Pham Nhat Vuong sees net worth drop by $1.9B in one day

Vietnam's richest billionaire Pham Nhat Vuong sees net worth drop by $1.9B in one day

Vietnam’s richest man Pham Nhat Vuong lost US$1.9 billion in net worth in Thursday’s stock trading session, the biggest drop for the day in Forbes’s real-time wealth ranking.
December 25, 2025 | 07:30 pm PT
CEO of Vingroup resort arm Vinpearl resigns

CEO of Vingroup resort arm Vinpearl resigns

Dang Thanh Thuy has resigned as CEO of Vinpearl, the resort arm of conglomerate Vingroup, but remains on its board.
December 25, 2025 | 07:29 pm PT
Events that shape Vietnam in 2025

Events that shape Vietnam in 2025

Vietnam’s 2025 was defined by unusually structural shifts, from a sweeping administrative overhaul and major infrastructure push to its first strategic technology roadmap, unfolding amid some of the most damaging natural disasters in decades.
December 25, 2025 | 04:00 am PT
Grab urges Hanoi to offer $380 subsidies for motorbike drivers to go electric

Grab urges Hanoi to offer $380 subsidies for motorbike drivers to go electric

Ride-hailing company Grab Vietnam wants Hanoi to provide a subsidy of at least VND10 million (US$380) to motorbike-taxi drivers to ease their transition from gasoline-powered to electric motorbikes.
December 25, 2025 | 01:25 am PT
Gasoline prices plunge

Gasoline prices plunge

Vietnam gasoline prices fell on Thursday, extending last week’s drop as global prices declined.
December 25, 2025 | 01:05 am PT
Vingroup pulls out of race to build north-south high-speed railway

Vingroup pulls out of race to build north-south high-speed railway

Vingroup, the conglomerate owned by Vietnam's richest billionaire Pham Nhat Vuong, has withdrawn its bid to build the north-south high-speed rail.
December 25, 2025 | 12:14 am PT
Vietnam gold price slips

Vietnam gold price slips

Vietnam gold price declined slightly Thursday morning as global rates inched down.
December 24, 2025 | 08:35 pm PT
Dollar declines against dong

Dollar declines against dong

The U.S. dollar dropped marginally against the Vietnamese dong Thursday morning.
December 24, 2025 | 08:34 pm PT
Vietnam’s main holiday season to be hit by cut in shopping budgets

Vietnam’s main holiday season to be hit by cut in shopping budgets

Consumers seem set to tighten their purse strings this Lunar New Year amid surging prices of essential items caused by a string of natural disasters this year.
December 24, 2025 | 06:39 pm PT
Finance ministry chary of proposal to hike football betting limit 10-fold

Finance ministry chary of proposal to hike football betting limit 10-fold

The Ministry of Finance has said the daily betting limit on football should be capped at VND10 million (US$380) and not be raised tenfold VND100 million as demanded by businesses.
December 24, 2025 | 06:38 pm PT
Ho Chi Minh City plans to impose full gasoline motorbike ban in downtown areas in 2028

Ho Chi Minh City plans to impose full gasoline motorbike ban in downtown areas in 2028

Ho Chi Minh City plans to introduce a low-emission zone from early 2027, with a full ban on gasoline motorcycles in downtown areas set to take effect in 2028 as part of Vietnam’s green transition.
December 24, 2025 | 03:01 pm PT
VN-Index hits new record

VN-Index hits new record

Vietnam's benchmark VN-Index rose for the fifth consecutive session on Wednesday to reach a historic peak of 1,782.82 points.
December 24, 2025 | 02:53 am PT
Hanoi-HCMC remains world’s 4th busiest flight route

Hanoi-HCMC remains world’s 4th busiest flight route

The Hanoi-HCMC flight route was again the fourth busiest globally in 2025 with 11.07 million seats, aviation intelligence firm OAG has found.
December 24, 2025 | 02:04 am PT
Dollar rises against dong on black market

Dollar rises against dong on black market

The U.S. dollar went up against the Vietnamese dong on the black market Wednesday morning while heading for the worst yearly performance in over 20 years against major peers.
December 23, 2025 | 08:44 pm PT
Gold prices gain amid global rally

Gold prices gain amid global rally

Vietnam gold bar price rose Wednesday morning as global bullion rates surged to a new all-time high.
December 23, 2025 | 08:16 pm PT
Thai firm to sell Vietnam retail chain Nguyen Kim to local competitor

Thai firm to sell Vietnam retail chain Nguyen Kim to local competitor

Thailand’s Central Retail has decided to sell electronics retail chain Nguyen Kim to rival chain Pico for THB1.1 billion (US$36 million).
December 23, 2025 | 08:09 pm PT
 
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