> Vietnam News Iranian Man Arrested in HCMC for Stealing from Russian Tourists with Sleight-of-Hand Trick An Iranian man was arrested in Ho Chi Minh City for allegedly stealing almost $3,000 from a Russian couple. The suspect, Pous Moshtaghhossein, used a sleight-of-hand trick while engaging the tourists in conversation about currency differences. During the exchange, …
> Business News Vietnam’s Largest Petrochemical Complex Begins Operations, Boosting Industry Competitiveness The $5 billion Southern Petrochemical Complex in Ba Ria – Vung Tau Province, Vietnam, has commenced commercial operations. Developed by Long Son Petrochemicals, a subsidiary of the Siam Cement Group, the complex can produce 1.35 million tons of olefins and 1.4 million tons …
> Business News Experts Caution Against Borrowing to Invest Amid Record Gold Price Surge Vietnam’s gold prices have risen to unprecedented levels, with gold ring prices reaching record highs of up to VND 83.45 million per tael. Factors such as the US Federal Reserve’s interest rate cuts, geopolitical tensions, and increased central bank gold purchases …
Experts Caution Against Borrowing to Invest Amid Record Gold Price Surge Read More »
> Business News Property Tycoon Truong My Lan Defends $4.5 Billion Transfers Amid Embezzlement Allegations Truong My Lan, a prominent Vietnamese property tycoon, claimed in court that the $4.5 billion transferred overseas was her personal money, not the funds of Saigon Commercial Bank (SCB). She explained that between 2012 and 2022, she borrowed $3 billion …
> Business News Vietnam Launches Electronic LURC to Improve Efficiency in Land Management Vietnam has introduced a new decree allowing the issuance of electronic Land Use Right Certificates (LURCs), which hold the same legal status as paper certificates. This digital transformation is designed to expedite the registration process, cutting the time down from 30 to …
Vietnam Launches Electronic LURCs to Improve Efficiency in Land Management Read More »
> Business News EU Supports Vietnam’s Fight Against Illegal Fishing, EU Ambassador Affirms The European Union (EU) continues to assist Vietnam in combating illegal, unreported, and unregulated (IUU) fishing, a partnership underscored by EU Ambassador Julien Guerrier. Since the EU issued a “yellow card” to Vietnam in 2017 as a warning for non-compliance with fishing …
EU Supports Vietnam’s Fight Against Illegal Fishing, EU Ambassador Affirms Read More »
> Business News VN-Index Expected to Surpass 1,300 Points in 2024 Amid Positive Market Momentum Experts predict that the VN-Index, after a volatile period, will likely surpass 1,300 points in 2024. Improved market liquidity, foreign investor interest, and the U.S. Federal Reserve’s interest rate cuts have contributed to positive momentum. Large-cap stocks and the banking …
VN-Index Expected to Surpass 1,300 Points in 2024 Amid Positive Market Momentum Read More »
> Business News Vietnam Boosts U.S. Partnership in Semiconductor and AI at New York Seminar Vietnamese President Tô Lâm attended a seminar in New York focused on advancing cooperation between Vietnam and the U.S. in semiconductor and AI industries. The event highlighted Vietnam’s potential, including strategies for training 50,000 engineers by 2030, and collaboration with …
Vietnam Boosts U.S. Partnership in Semiconductor and AI at New York Seminar Read More »
> Business News Vietnam and U.S. Forge Stronger Trade Ties Following High-Level Diplomatic Visit Vietnam’s Party General Secretary, Tô Lâm, recently attended the United Nations Summit and held key discussions in the U.S., aiming to strengthen Vietnam-U.S. trade ties. This trip is expected to boost trade cooperation, building on milestones such as Vietnam’s WTO accession …
Vietnam and U.S. Forge Stronger Trade Ties Following High-Level Diplomatic Visit Read More »
> Business News Vietnam’s PM and Banks Unite to Address Economic Challenges Amidst Storm Impact On September 21, 2024, Prime Minister Pham Minh Chinh met with leaders of 13 joint stock commercial banks to discuss solutions to boost socio-economic growth. Topics included liquidity, interest rates, credit growth, and the recent impact of Storm Yagi. The …
Vietnam’s PM and Banks Unite to Address Economic Challenges Amidst Storm Impact Read More »
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