India, with a 7,516.6 km coastline and over 200 ports, is the 16th largest maritime nation globally. It has access to major sea routes, rapidly developing port infrastructure, and a vast, skilled …
Vietnam’s SHB bank okayed to expand charter capital to $1.76 bln
Saigon-Hanoi Bank (SHB) has received approval from Vietnam’s central bank to raise its charter capital to VND45.942 trillion ($1.76 billion) after issuing a 13% share dividend, maintaining its …
Vietnam audit reveals financial sector’s cracks: Bad debts and poor returns
The State Audit of Vietnam has released its consolidated 2024 report, spotlighting multiple irregularities and inefficiencies across financial and banking institutions.
“It took only a few seconds”: survivors recount how a sudden storm drowned dozens in Vietnam
The thunderstorm came so suddenly that it overturned the boat within seconds, said two survivors of the shipwreck which killed at least 35 people in Vietnam’s top tourist spot of Halong Bay and left …
Nigeria lags as Vietnam, others earn $15bn from forest exports – Shettima
Vice President Kashim Shettima, on Monday, lamented Nigeria’s inability to develop its forest resources, warning of dire …
Foreign Office issues travel warning for Vietnam as tropical storm makes landfall
The Foreign Office issued advice on Monday for UK nationals in Vietnam to ‘expect heavy rainfall, strong winds, flooding, and mudslides’. The storm has been forecast to reach Ha Long Bay, Hanoi and …
Vietnam races to prepare for Typhoon Wipha as Philippines suffers storm deaths
HANOI, Vietnam (AP) — Vietnam braced for Typhoon Wipha on Monday as coastal provinces were placed on emergency alert and airlines canceled flights ahead of the storm’s expected landfall early Tuesday.
Money in, promises out: Red flags in Vietnam’s PE and VC dealmaking
HO CHI MINH CITY] A planned stake sale by shareholders of EQuest Education, one of Vietnam’s biggest private education groups, is facing setbacks after a school acquisition in Hanoi collapsed, in a …
Boy survives Vietnam tourist boat sinking that killed dozens by sheltering in air pocket
A boy survived the sinking of a tourist boat in Vietnam which killed dozens of people by sheltering in an air pocket of the overturned vessel, it has emerged.
The $44 Billion Scam That Rocked Vietnam’s Banking System
Vietnamese property tycoon Trong My Lan was sentenced to death for orchestrating a massive $44 billion bank fraud, equivalent to about 3% of Vietnam’s GDP. Lan illegally gained control of 90% …