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 …
Death sentence upheld for property tycoon in Vietnam — unless she pays $9 billion before execution
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.
Vietnam Property Tycoon On Death Row Awaits Appeal Verdict
A Vietnamese property tycoon sentenced to death in a multi-billion-dollar fraud case arrived in court Tuesday, as she awaits the verdict of her appeal in one of the biggest corruption prosecutions in …
Real estate prices in Vietnam expand by 59% over 5 years
Vietnam’s real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), …
Vietnam receives 15.8 million foreign tourists in first 11 months
There have been 15.8 million foreign arrivals to Vietnam in the first 11 months of this year, up 41% year-on-year, but the country is still playing catch-up with Southeast Asian peers Thailand and Malaysia.