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...
Vietnamese property tycoon Truong My Lan

Vietnamese Truong My Lan Escapes Death Penalty, Sentenced to Life in Massive Fraud Case Amid Anti-Corruption Crackdown

Vietnamese real estate magnate Truong My Lan has been sentenced to life in prison after being convicted of multiple charges, including fraudulent appropriation of property, money laundering, and illegal currency transportation across international borders. Originally facing the death penalty, Lan’s...
Vietnam

Vietnam Week of Mourning and Corporate Scandal: FLC Fraud Unveiled

Vietnam's political landscape was overshadowed by a dual spectacle of mourning and scandal. The nation was in an official state of mourning for Communist Party General Secretary Nguyen Phu Trong, a leader renowned for his vigorous "Blazing Furnace" anti-corruption campaign...
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