Vietnam’s top billionaire pledges $185mn in Vingroup shares to newly-founded railway business
EconomyPham Nhat Vuong, chairman of Vietnam’s leading private conglomerate Vingroup, has registered to transfer over 48 million Vingroup (VIC) shares—worth nearly VND4.8 trillion (US$185 million)—as capital contribution to VinSpeed, a newly established company aiming to invest in the country’s North-South high-speed railway project.
Vietnam’s 3 major gold trading firms fined over $230,000 for multiple violations
EconomyThree major gold trading companies in Vietnam—SJC, PNJ, Bao Tin Minh Chau—have been fined a combined VND6.12 billion (US$236,000) for multiple violations related to gold pricing, anti-money laundering, and tax compliance.
Vietnam among SE Asia's most attractive FDI destinations: British consul general
EconomyBritish Consul General in Ho Chi Minh City Alexandra Smith has emphasized Vietnam as a leading destination for foreign direct investment (FDI) in Southeast Asia and a reliable partner for the UK in the Indo-Pacific region.
Southern Vietnam’s new inland waterway route expected to cut transit time by 70%
EconomyMekong Express, a new domestic sea-river transport route connecting Cai Cui Port in Can Tho City with Cai Mep Port in Ba Ria-Vung Tau Province, both in southern Vietnam, officially opened on Friday, reducing the transit time by almost 70 percent.
Grab Vietnam, BYD push EV shift, but drivers worry about charging infrastructure
EconomyRide-hailing firm Grab Vietnam is accelerating its transition to electric vehicles (EVs) through a partnership with China’s BYD, offering attractive income incentives to drivers even as access to charging stations remains a key concern.
Multiple int’l venture capital funds gather in Da Nang
EconomyThe Da Nang Venture and Angel Summit 2025 (DAVAS 2025) opened in Da Nang, the capital city of central Vietnam, on Friday, attracting 20 international venture capital funds and investors from Singapore, Japan, South Korea, and China.
Vietnam’s Dong Nai health officials refer Nestlé MILO advertising case to police over alleged consumer deception
EconomyHealth officials in Dong Nai Province, southern Vietnam have referred an advertising case involving Nestlé’s MILO barley milk drink to provincial police, citing signs of consumer deception.
Vietnam launches $19.2bln credit package to boost key sectors
EconomyThe State Bank of Vietnam (SBV) has unveiled a VND500 trillion (US$19.2 billion) credit program aimed at accelerating development in infrastructure, digital transformation, technology, and innovation.
Vietnamese rice, fish sauce gradually gain traction in Japan
EconomyDespite ongoing challenges, Vietnamese rice is making steady inroads into the Japanese market, while Vietnamese fish sauce has begun appearing in restaurant chains across the country, signaling growing consumer interest in Vietnamese culinary products.
Apple expands technical training for supply chain workers in Vietnam
EconomyApple announced on Thursday it will expand technical training for supply chain workers in Vietnam, with plans to launch more than 45 new courses this year at major manufacturing sites across the country.
