US president’s son Eric Trump to attend groundbreaking ceremony for $1.5bn golf complex in Vietnam’s Hung Yen
EconomyA delegation from the U.S.-based Trump Organization, including executive vice-president Eric Trump — son of U.S. President Donald Trump — and his wife Lara Trump, is set to attend the groundbreaking ceremony for a US$1.5 billion urban, eco-tourism, and golf complex in Hung Yen Province, northern Vietnam this week.
Vietnamese, Japanese, Middle Eastern firms to invest $6bn in Ho Chi Minh City projects
EconomyVietnam’s Kogi Technology Group signed cooperation agreements with Japan’s Mazda Oil and Kenwa Group, as well as some partners from the Middle East, in Ho Chi Minh City on Monday to invest US$6 billion in two energy infrastructure and green industrial production projects in the southern metropolis.
Vietnam poultry association refutes fake news of artificial chicken egg production
EconomyThe Vietnam Poultry Association has dismissed false rumors about the production of artificial chicken eggs in Vietnam and has petitioned relevant authorities to strictly penalize those spreading such misinformation.
Trump Organization to visit Ho Chi Minh City for investment discussions
Ho Chi Minh CityVice-chairman of the Ho Chi Minh City People's Committee Vo Van Hoan will meet and conduct a site visit with leaders of the Trump Organization on Monday afternoon, according to the municipal government’s working schedule.
Brazil threatens Vietnam’s reign as ‘King’ of Robusta coffee
EconomyVietnam’s position as the world’s top producer of Robusta coffee is under threat as Brazil edges closer to taking the lead within the next two to three years thanks to technological advancements and sustainable development policies.
World's fastest-growing pizza chain to close all stores in Ho Chi Minh City
EconomyDodo Pizza, the world's fastest-growing pizza chain in 2021, has announced it will close all its four branches in Ho Chi Minh City from May 26.
Vietnam’s taxi, EV rental firm launches Xanh SM ride-hailing platform, distributes VinFast EVs in Laos
EconomyGreen and Smart Mobility Joint Stock Company (GSM), a taxi and electric vehicle rental company owned by Vietnam's largest private enterprise Vingroup, on Saturday launched the Xanh SM platform in Laos and announced the official distribution of two electric vehicle (EV) models, VinFast VF 3 and VF 5, in the country.
Vietnam launches initiative to promote wealth creation, enhance private sector’s role
EconomyPrime Minister Pham Minh Chinh has directed the Ministry of Home Affairs to launch a nationwide movement encouraging all citizens to engage in wealth creation, thereby contributing to Vietnam's socio-economic development, in line with the Politburo's policy to bolster the private sector.
Int’l airfare seen as bottleneck of Vietnam’s tourism industry
EconomyVietnam’s tourism industry, despite boasting spectacular landscapes and rich cultural heritage, is facing an uphill battle to remain competitive in the Southeast Asian region due to high international airfares.
Vietnam collects $196.4mn in taxes from 153 foreign service providers in January-April
EconomyAs many as 153 foreign service providers, including Facebook (Meta), Google, TikTok, and Microsoft, declared and paid taxes through the General Department of Taxation’s portal, totaling VND5.1 trillion (US$196.4 million) in the first four months of the year, surging 93.6 percent over the same period last year, the department reported.
