Enterprise proposes reclaiming land in Nha Trang Bay for $1.53bn statue, undersea complex
EconomyThe People’s Committee in Khanh Hoa Province, south-central Vietnam has assigned relevant departments to study and advise on a proposal by an enterprise to reclaim land from Nha Trang Bay to create an artificial island for building a statue of 'Mother Au Co' 257 meters from the shore, along with an underwater hotel, shopping mall, restaurant and tourist attraction complex at an estimated cost of around US$1.53 billion.
Vietnam spends over $9mn on durian imports despite domestic abundance
EconomyIn the first four months of 2025, Vietnam imported US$9.3 million worth of durians, nearly six times higher than that in the same period in 2024, despite being known as the 'king of durians' and ranking second in the world in durian production and export, after Thailand.
Tetra Pak, Doveco launch Vietnam’s first Tetra Recart® line, usher in new era of food packaging innovation
EconomyTetra Pak, a Swedish multinational food packaging and processing company, on Monday announced the inauguration of Vietnam’s first Tetra Recart® packaging line with Dong Giao Foodstuff Export Joint Stock Company (Doveco).
CT Group unveils Vietnam’s first 12-bit chip design to reach 200 MSPS sampling speed
EconomyVietnam’s CT Group on Sunday unveiled CTDA200M, a 12-bit electronic chip design capable of converting analog signals to digital at sampling speeds up to 200 million samples per second (MSPS), a feat that the company said makes it the country’s first 12-bit chip to reach that speed.
Vietnam won’t build ‘tax havens’ at IFCs to attract foreign finance: official
EconomyVietnam will not develop international financial centers (IFCs) as ‘tax havens’ to attract foreign financial institutions, Vietnamese Deputy Minister of Finance Nguyen Thi Bich Ngoc affirmed on Saturday.
VinFast opens new EV factory in north-central Vietnam
EconomyVietnamese electric vehicle (EV) maker VinFast inaugurated its new EV production facility in Ha Tinh Province, north-central Vietnam on Sunday morning, after just seven months of construction.
Vietnam’s Vietravel Airlines acquires first aircraft
EconomyVietnamese air carrier Vietravel Airlines has received an Airbus A321 aircraft, its first wholly-owned plane, at Noi Bai International Airport in Hanoi.
Lexus ES prices in Vietnam cut by $10,000 following new import tax policy
EconomyLexus Vietnam has slashed the prices of its ES 250 and ES 250 F Sport models by VND260 million (US$10,000) thanks to revised import tariffs under a newly issued government decree.
Vietnam's famous Bac Giang lychees debut at Costco in US
EconomyFresh lychees from Bac Giang Province, northern Vietnam have debuted on the shelves of Costco stores in the United States, Vietnam’s Consul General in San Francisco said on Saturday, marking a milestone for Vietnamese agricultural exports.
Vietnam PM visits Asia’s largest stock exchange in China
EconomyVietnamese Prime Minister Pham Minh Chinh visited the Shanghai Stock Exchange (SSE) and the Shanghai International Financial Center (Shanghai IFC) in China on Thursday to foster financial cooperation between the two countries.
