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Tag: Vietnam

Posted on March 22, 2024

Once a beacon of stability, Vietnam to name third president in a year

Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor.
Posted on March 22, 2024

Vietnam president’s resignation raises concern about nation’s stability amid fast-growing economy

Lan’s trial, which began this month in Ho Chi Minh City, is Vietnam’s largest financial fraud case on record, amounting to nearly 3% of the country’s 2022 GDP. Vietnam’s leaders are next due to …
Posted on March 22, 2024

PepsiCo to invest $400 million more in two new plants in Vietnam

U.S. food and drink maker PepsiCo Inc has committed to investing an additional $400 million in Vietnam to build two new plants powered by renewable energy in the country, its government said on Friday …
Posted on March 21, 2024

Cambodia-Vietnam trade hits $1.4B Jan-Feb

The first two months of 2024 witnessed a significant surge in cross-border trade between Cambodia and Vietnam, according to the General Department of Customs and Excise (GDCE). Between January and …

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Posted on March 21, 2024

Vietnam luxury property boss on trial in $355 mn bond scam

A top Vietnamese property tycoon went on trial Tuesday accused of cheating thousands of investors in a $355 million bond scam, in the communist nation’s latest criminal case targeting high-flying …

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Posted on March 21, 2024

‘Political earthquake’ shakes up succession fight in Vietnam

President Vo Van Thuong, 53, had been a rising star in the Communist Party, an ally and potential successor to ailing 79-year-old party chief Nguyen Phu Trong. Thuong’s resignation on Wednesday — a …

( read original story …)



Posted on March 21, 2024

Cambodia vexes Vietnam with plan to divert Mekong trade via China-built canal

From his house in Prek Takeo on the banks of the Mekong river, an hour’s drive from Phnom Penh, Cambodia, Mao Sarin can watch ships laden with containers chug by on their way to Vietnam and the …
Posted on March 21, 2024

Vietnam’s president resigns after less than a year in office

Here’s what the Vietnamese president’s sudden resignation means for the trajectory of the Southeast Asian country.
Posted on March 20, 2024

International Disruptors: Beta Group’s Minh Bui On Shaking Up Vietnam’s Expanding Cinema Market With “Affordable Theatre” Chain Beta Cinemas

Beta Cinemas’ chain of affordable and Instagrammable theatres are proving a hit with younger and middle-income audiences in Vietnam.
Posted on March 20, 2024

Vietnam’s president quits after a year on the job

The committee’s meeting preceded an extraordinary session of Vietnam’s rubber-stamping parliament scheduled … but risks remain that repeated reshuffles of top leaders hurt business sentiment in a …

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