vietnam currency

Vietnam Central Bank to Maintain Flexible Monetary Policy, Global Uncertainties

Vietnam’s central bank announced its commitment to maintaining a flexible monetary policy aimed at controlling inflation, while closely monitoring the economic policies of U.S. President-elect Donald Trump. This approach is intended to allow the country to adjust its domestic policies...
Temu

Temu Faces Suspension in Vietnam Over Business Registration Failure

Chinese e-commerce platform Temu, operated by PDD Holdings, has been ordered to suspend operations in Vietnam after missing the deadline to complete its business registration, Vietnamese state media reported on Thursday. The Ministry of Industry and Trade confirmed that Temu...
Jeju Island, South Korea

38 Vietnamese Tourists Disappear in Jeju: Immigration and Authorities on High Alert

A group of 38 Vietnamese tourists who entered Jeju Island under the visa waiver program has been reported missing after failing to board their return flight, according to local tourism authorities on Tuesday. Their disappearance has raised concerns about potential...
Vietnam to Build $67 Billion High-Speed Railway Linking Hanoi and Ho Chi Minh City

Vietnam to Build $67 Billion High-Speed Railway Linking Hanoi and Ho Chi Minh City

Vietnam has announced ambitious plans to construct a high-speed railway stretching over 1,500 kilometers, connecting the capital Hanoi in the north to the southern economic hub of Ho Chi Minh City. The landmark project, valued at $67 billion, was approved...
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...
Coal

Vietnam’s Coal Power Plants to Operate at High Levels in 2024 to Meet Rising Energy Demands

Vietnam, a rapidly growing manufacturing hub in Southeast Asia, is set to rely heavily on coal-fired power plants next year to meet its surging electricity demands, according to a statement by the government on Monday (Nov. 18). Amid efforts to...
China’s Participation in Vietnam’s Defence Expo

China’s Participation in Vietnam’s Defence Expo Marks New Chapter in Regional Security Cooperation

In a notable development for regional security dynamics, Chinese defence firms are set to participate in an international arms fair in Vietnam next month. This unprecedented move signals potential deepening military ties between the two neighbours, despite a history of...
LG Display

LG Display Secures $1 Billion Investment License in Vietnam to Expand OLED Production in Haiphong

In a landmark move set to deepen economic ties between Vietnam and South Korea, LG Display has been granted an investment license by Vietnamese authorities to increase its investment in the Haiphong Economic Zone by $1 billion. This new inflow...
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