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‘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.
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.
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
Stocks slip after major gain
Vietnam’s benchmark VN-Index fell 0.05% to VND1,204.97 points Thursday.
April 25, 2024 | 01:38 am PT
Gold prices steady
Saigon Jewelry Company gold price was unchanged at VND84 million ($3,312.56) per tael Thursday afternoon.
April 25, 2024 | 01:38 am PT
Central bank cancels another gold auction
The State Bank of Vietnam on Thursday canceled a gold bar auction for the second time this week due to low participation.
April 25, 2024 | 01:37 am PT
Dollar slips against dong
The U.S. dollar dropped slightly against the Vietnamese dong Thursday afternoon.
April 25, 2024 | 01:37 am PT
Gasoline, diesel prices fall
Gasoline price fell slightly Thursday while that of diesel plunged to a four-week low.
April 25, 2024 | 01:36 am PT
Beverage tycoon Tran Qui Thanh receives 8-year prison sentence for $41M fraud
Tran Qui Thanh, 71, chairman of leading beverage manufacturer Tan Hiep Phat, has been sentenced to eight years in prison for "abuse of trust to appropriate assets" in a $41.2 million fraud.
April 24, 2024 | 11:01 pm PT
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
April 24, 2024 | 07:29 pm PT
100 container trucks held in China due to buyer-seller disputes
Since the beginning of last year over 100 Vietnamese container trucks that had carried low-quality agricultural goods are stuck in China with disputes between buyers and sellers remaining unresolved.
April 24, 2024 | 07:18 pm PT
Vinhomes not to pay dividends to plow back money into operations
Vietnam’s biggest property developer Vinhomes will not pay dividends for 2022 and 2023 and has said it will use the money to fund upcoming operations.
April 24, 2024 | 07:05 pm PT
Beverage tycoon Tran Qui Thanh appears with grey hair following a year in custody
Tran Qui Thanh, chairman of leading beverage manufacturer Tan Hiep Phat, and his daughter Tran Uyen Phuong showed up at the ongoing trial visibly languished after a year of detainment on accusations of "abuse of trust to appropriate assets."
April 23, 2024 | 06:05 pm PT
Resort properties find no takers in Da Nang
No beach villas, townhouses or condotels were sold in Da Nang in the first quarter, according to property consultancy DKRA Vietnam.
April 24, 2024 | 05:56 am PT
State Bank of Vietnam to host second gold auction
The State Bank of Vietnam will auction 16,800 taels of gold bar to businesses Thursday for the second time.
April 24, 2024 | 04:11 am PT
VN-Index surges with all bluechips in green
Vietnam's benchmark VN-Index rose 2.40% to 1,205.61 points Wednesday.
April 24, 2024 | 04:07 am PT
Prosecutors propose 10-year prison sentence for beverage tycoon Tran Qui Thanh in $41M fraud case
Prosecutors recommended a 9-10 year prison term for Tran Qui Thanh, chairman of leading beverage manufacturer Tan Hiep Phat, given his mitigating factors, for charges of “abuse of trust to appropriate assets.”
April 24, 2024 | 03:16 am PT
Lawmaker proposes taxing low-value imports amid e-commerce surge
A senior lawmaker has proposed taxing low-value imported goods as their numbers have surged with the boom in e-commerce platforms such as Shopee and Tiktok.
April 23, 2024 | 11:34 pm PT
Why central bank’s gold auction failed to attract bidders
Over 13.400 taels of gold bullion went unsold in the State Bank of Vietnam’s auction on Tuesday morning, with businesses seemingly considering the floor price unappealing.
April 23, 2024 | 11:34 pm PT
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