TikTok plans to shift 3 key services to Ho Chi Minh City’s future international financial center
EconomyTikTok, the popular social media and video-sharing platform, is planning to move three of its cross-border services from offshore to onshore operations at the upcoming International Financial Center (IFC) in Ho Chi Minh City, as part of its strategy to expand in Vietnam.
Vietnam eyes entry into $3.88-trillion global biotechnology market
EconomyVietnam is accelerating plans to develop its biotechnology sector as the global market grows over 13 percent annually and is projected to reach nearly US$3.88 trillion by 2030, with scientists and policymakers calling for stronger investment, commercialization, and international-standard ecosystems.
Vietnamese airlines race to meet software-update deadline for Airbus A320 fleet
EconomyVietnam’s national flag air carrier Vietnam Airlines and low-cost airline Vietjet are moving swiftly to complete mandatory software updates on their Airbus A320 aircraft following an urgent directive from Airbus.
Vietnam aviation authority orders maximum passenger support amid Airbus technical updates
EconomyThe Civil Aviation Authority of Vietnam (CAAV) has called on airlines to offer maximum assistance to passengers in light of urgent software updates required for Airbus A320 aircraft, which could disrupt flight schedules.
3 world-class superyacht resort projects to be developed in Vietnam’s Gia Lai
EconomyThe People’s Committee of Gia Lai Province in south-central Vietnam on Friday granted investment certificates to Arque Degi Joint Stock Company to develop three world-class six-star superyacht resort projects in the De Gi Lagoon area, with a total capital of over VND8.5 trillion (US$324.6 million).
Vietnam’s airlines hold overnight emergency meeting as 6,000 Airbus jets recalled for software updates
EconomyAirbus has issued an urgent directive for software updates on roughly 6,000 A320 aircraft worldwide after discovering that intense solar radiation can distort critical flight-control data, forcing the Civil Aviation Authority of Vietnam and domestic air carriers to hold an overnight emergency meeting as their fleets are dominated by the affected A320-family jets.
Ho Chi Minh City court rejects Coca-Cola Vietnam’s lawsuit against taxman
EconomyThe Ho Chi Minh City People’s Court on Thursday rejected Coca-Cola Vietnam’s lawsuit against the General Department of Taxation, upholding the taxman’s decision to hold the company liable for a total of over VND821 billion (US$31 million) in fines and tax arrears.
China opens wider door to Vietnam’s fresh jackfruit
EconomyVietnam’s Ministry of Agriculture and Environment and China’s General Administration of Customs (GACC) on Thursday signed a protocol allowing the export of fresh Vietnamese jackfruits to the Chinese market, as part of the Vietnamese delegation’s ongoing working visit to China.
US fruit giant Fresh Del Monte inks 10-year banana supply deal with Vietnam’s THACO
EconomyTruong Hai Group Corporation (THACO), one of Vietnam’s largest private conglomerates, has signed a strategic partnership with U.S.-based Fresh Del Monte, a 135-year-old global fruit company, to supply fresh bananas to its American partner over the next 10 years.
Masan High-Tech Materials positions Vietnam as rising force in critical minerals
EconomyMasan High-Tech Materials (UpCOM: MSR), a Masan Group company and operator of the Nui Phao project, is helping establish Vietnam as an emerging powerhouse in high-tech materials.
