Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, …
Vietnamese property tycoon Truong My Lan must come up with $14 billion to avoid death penalty
HANOI: A Vietnamese property tycoon is in a race for her life to come up with $US9 billion ($14 billion) to escape the death penalty for masterminding the world’s biggest bank fraud.
How a Navy sailor fell off his ship, played dumb — and became a Vietnam POW hero
South Dakota native Doug Hegdahl was serving with the Navy during the Vietnam War when he fell into the waters of the South China Sea – soon becoming the youngest, lowest-ranking POW at the infamous …
Richard Secord, decorated Vietnam War pilot later exposed as middleman in Iran-Contra scandal
Major-General Richard Secord, who has died aged 92, was a highly decorated US Air Force bomber pilot who worked with the CIA organising covert operations, directing the only successful rescue of …
Soaring business – Vietnam’s seafood export hits US$1mil mark for October
Vietnam’s seafood industry is on a roll, with export momentum propelling it toward the US$10 billion target for 2024, laying robust groundwork for 2025.
Death sentence upheld for Vietnamese property tycoon over fraud worth billions
The scale of the fraud, which Truong My Lan was convicted of in April, had raised concerns about the country’s economy.
Tycoon on death row for $12 billion fraud loses appeal in Vietnam court
A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery in a high-profile $12 billion …
EV maker VinFast to build second production plant in Vietnam
Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet …
VinFast’s New EV Factory to Start Operation in Vietnam By July
VinFast Auto Ltd.’s new electric vehicle manufacturing plant in Vietnam’s central province of Ha Ting will start operating by July next year, according to an emailed statement.
Vietnam attracts nearly $31.4B in foreign investment in 11 months
Total registered foreign direct investment (FDI) into Vietnam, including new and additional investments, and capital contributions via share purchases, reached $31.4 billion in the first 11 months of …