Vietnam Central Bank

Vietnam Central Bank Cuts Credit Growth Target to 15% as Authorities Move to Rein in Financial Risks After Lending Surge

Vietnam’s central bank has lowered its target for credit growth to around 15 per cent this year, signalling a more cautious policy stance after warnings that last year’s lending surge could fuel financial instability and asset price bubbles. In a...
Vietnam

Vietnam’s Security Ministry Pushes Into Energy and Tech, Raising Questions Over Market Economy Claims

In most countries, negotiations over billion-dollar energy infrastructure projects fall under the remit of trade ministries, energy regulators, or state-owned utilities. In Vietnam, however, a recent high-profile meeting has underscored a significant and controversial shift in the country’s power structure....
Southwest Cay, also known as Pugad Island, controlled by Vietnam and part of the Spratly Islands in the disputed South China Sea.

Vietnam’s Expanding Footprint in South China Sea: A Challenge to Beijing’s Dominance

Vietnam has significantly expanded its island-building efforts across the Spratly Islands in the South China Sea. According to a report released on Friday (Aug 22) by the Washington-based Centre for Strategic and International Studies (CSIS), recent satellite imagery shows Hanoi’s...
Vietnam Economic

Vietnam’s Crackdown on Counterfeits: A Country Under Pressure From United States Faces Economic and Cultural Reckoning

In Vietnam’s bustling markets, where imitation luxury fashion was once sold in the open with cheerful transparency, the silence of shuttered shops now echoes the country’s growing economic anxiety. The United States, Vietnam’s top export destination, has accused the Southeast...
Vietnamese property tycoon Truong My Lan court in Ho Chi Minh City.

Vietnamese Tycoon Pleads for Life as Court Reviews Death Sentence in $27 Billion Fraud Case

In a dramatic plea before an appellate court, Truong My Lan, a 68-year-old Vietnamese property magnate, appealed to spare her life after being sentenced to death for orchestrating one of the largest fraud cases in global history. The founder of...
Vietnam’s Prime Minister, Pham Minh Chinh

Vietnam’s PM Pushes for U.S. Market Economy Recognition and Advanced Tech Cooperation

Vietnam’s Prime Minister, Pham Minh Chinh, expressed aspirations for deeper economic and technological cooperation with the United States during a high-profile business summit on Wednesday. He called for the U.S. to officially recognize Vietnam as a market economy and to...
Vietnam War

Vietnam’s My Lai Massacre: A Museum of Memory, Healing, and Transformation

In a small corner of central Vietnam, where a museum and memorial mark one of America’s most infamous wartime atrocities, a curious sight greets visitors: a cooler of strawberry ice cream for sale near the ticket booth. The incongruity of...
Vietnam

Vietnam’s Communist Party Leader To Lam Congratulates Donald Trump on Presidential Victory, Discusses Economic Ties

Vietnam's Communist Party Chief, To Lam, congratulated former U.S. President Donald Trump on his recent electoral victory in a phone call on Monday. The conversation between the two leaders covered avenues for enhancing economic collaboration, according to an official statement...
Vietnam

Vietnamese Police Raid Financial Firm Amid $150 Million Debt Scandal, Investor Protests Erupt

Vietnamese authorities launched an intensive investigation into GFDI Company, a financial investment consultancy, following a dramatic raid that occurred after hundreds of aggrieved investors gathered outside the firm’s offices to demand the return of their investments. The Ministry of Public...
An Phu karaoke bar owner Le Anh Xuan

Six Jailed Over Fatal Karaoke Bar Fire in Vietnam That Claimed 32 Lives

A Vietnamese court has sentenced six people, including four police officers, to prison terms in connection with a 2022 fire that tore through a karaoke bar in Binh Duong province, near Ho Chi Minh City, killing 32 individuals and prompting...
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