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Coffee prices soar on low supply, strong demand
Coffee bean prices shot up by 8.96% in early March to VND91,200 (US$3.7) per kilogram as supply runs low.
Over 1,400 defrauded investors seek leniency for Tan Hoang Minh chairman and his son
1,420 investors defrauded by Tan Hoang Minh's illegal bond issuance seek leniency for the property developer's chairman Do Anh Dung and his son Do Hoang Viet after receiving compensation.
VinFast founder launches global EV charging station company
Pham Nhat Vuong, chairman of conglomerate Vingroup and founder of electric vehicle maker VinFast, on Monday announced the establishment of V-Green Global Charging Station Development Company.
March 18, 2024 | 03:00 pm PT
Poor air quality, humidity driving residents to flee Hanoi
Hanoi’s humidity and dangerously poor air quality are forcing waves of residents to consider abandoning the city.
March 18, 2024 | 12:10 am PT
Queen of Vietnamese bolero music Le Quyen resides in opulent 600-sq.m HCMC villa
At 43, queen of Vietnamese bolero music Le Quyen, along with her 31-year-old model boyfriend Lam Bao Chau, enjoys life in a lavish 600-square-meter villa, boasting a swimming pool and gold-plated furniture.
March 17, 2024 | 03:09 pm PT
Gym training under the Saigon moonlight
At 11:30 P.M., after his nightly coffee rendezvous with friends, Huy Hau sets off for the gym in Go Vap District, embarking on a ritual he's faithfully upheld for the past four months.
March 18, 2024 | 05:55 am PT
Stocks close session in red
Vietnam's benchmark VN-Index plummeted 1.60% to 1,243.56 points Monday.
March 18, 2024 | 02:12 am PT
Vingroup to divest from mall operator Vincom Retail
Conglomerate Vingroup has decided to sell its stake in Vincom Retail, lowering ownership in the retail unit to 18.37%.
March 17, 2024 | 11:50 pm PT
Gold prices decline slightly
Saigon Jewelry Company gold bar price fell 0.88% to VND81 million ($3,280.35) per tael Monday morning.
March 17, 2024 | 10:00 pm PT
Le Pavillon Hoi An hotel goes to auction again with $4.4M starting bid
VietinBank is preparing for the third auction of the four-star Le Pavillon Paradise Hoi An Hotel & Spa, with a starting price of VND110 billion ($4.45 million), down 21% from its initial valuation in previous attempts.
March 17, 2024 | 10:00 pm PT
Dollar inches down on black market
The U.S. dollar fell slightly against the Vietnamese dong on the black market while remaining steady at banks Monday morning.
March 17, 2024 | 09:52 pm PT
Salaries decline across board for software engineers
The median salaries for software engineers plummeted in 2023, according to human resources technology platform TopCV.
March 17, 2024 | 08:05 pm PT
15 people behind property developer Tan Hoang Minh’s $349M fraud
Do Anh Dung, chairman of property developer Tan Hoang Minh, along with his son and 13 others are accused of issuing illegal bonds to steal VND8.6 trillion ($349 million) from 6,630 investors.
March 17, 2024 | 07:36 pm PT
How The Body Shop Vietnam does business
Operated by a Malaysian firm in some Southeast Asian locations, cosmetics retail chain The Body Shop Vietnam posted its first loss last year after three years of declining profits.
March 17, 2024 | 06:23 pm PT
Breweries' profits plummet due to tough anti-drunk driving policy
Beer sales plunged by 11% in 2023 due to the government's zero tolerance for drunk driving, and breweries' profits were down 23%, liquor industry figures show.
March 17, 2024 | 05:00 pm PT
Hanoi apartment owners sell in haste, repent at leisure as prices keep rising
In 2023 Tran Trung Quan and his wife sold their apartment in Ha Dong District in Hanoi at a 100% profit. However, its steady increase in price since then.
March 17, 2024 | 03:28 pm PT
Van Thinh Phat chairwoman wants $28M villa excluded from compensation assets
Truong My Lan has agreed to sell many of her family assets to recompense Saigon Commercial Bank, but wants to retain an old VND700-billion (US$28 million) villa to “preserve traditions.”
March 15, 2024 | 08:08 pm PT
Dollar gains on black market
The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.
March 15, 2024 | 09:57 pm PT
Gold prices slip
Saigon Jewelry Company gold bar price fell 0.37% to VND81.4 million ($3,445.50) per tael Saturday morning.
March 15, 2024 | 09:57 pm PT
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