New Flight Route Connects Nanning and Haiphong
NANNING/GUANGXI – Qingdao Airlines has been operating a new direct flight route between Nanning, the capital of the Guangxi Zhuang Autonomous Region, and Haiphong, Vietnam, since March 7. The connection offers three flights per week and is expected to boost … Continue reading New Flight Route Connects Nanning and Haiphong
Vietnam: Cold Wave Set to Bring Freezing Temperatures
HANOI – A new cold wave is expected to sweep across northern Vietnam starting Thursday, bringing freezing temperatures to the region. The National Center for Hydro-Meteorological Forecasting has warned that temperatures in the plains will drop below 10 degrees Celsius, … Continue reading Vietnam: Cold Wave Set to Bring Freezing Temperatures
Vietnam Poised to Become Regional Tech Hub
HANOI – Vietnam is positioning itself as a major manufacturing and technology hub in Southeast Asia, with foreign direct investment (FDI) flowing into the country at an unprecedented rate. In 2024, FDI into Vietnam reached nearly $31.4 billion, marking a … Continue reading Vietnam Poised to Become Regional Tech Hub
Vietnam: CP-Leader calls for groundbreaking innovations
HANOI—In an impressive speech to intellectuals and scientists, the General Secretary of the Communist Party of Vietnam (CPV), Tô Lâm, emphasized the key role that intellectuals and scientists must play in shaping the country’s future. He particularly highlighted their responsibility … Continue reading Vietnam: CP-Leader calls for groundbreaking innovations
Vietnam’s Luxury Boom: The Rise of the Wealthy
HANOI – Vietnam’s rapidly expanding consumer class increasingly turns to luxury goods, signaling a significant shift in the nation’s economic landscape. As the country’s economy grows fastest in Southeast Asia, the rise of an affluent middle class is reshaping consumer … Continue reading Vietnam’s Luxury Boom: The Rise of the Wealthy
Vietnam: Expected growth rate of 6.4 percent
HANOI – Vietnam’s economy showcased impressive resilience and growth in 2024, driven by robust GDP expansion, strong trade performance, significant foreign direct investment (FDI), a thriving manufacturing sector, infrastructure development, and a dynamic labor market. Vietnam’s GDP growth exceeded expectations … Continue reading Vietnam: Expected growth rate of 6.4 percent
Great Britain Joins the CPTPP: New Era of Global Trade
LONDON – Great Britain has officially become the latest member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marking a significant milestone in the country’s post-Brexit trade strategy. With its accession, the UK becomes the first European nation … Continue reading Great Britain Joins the CPTPP: New Era of Global Trade
Vietnam: German Businesses Show Resilience
HO CHI MINH CITY – The global economy continues to experience sluggish yet stable growth, characterized by ongoing challenges and uncertainties. Amid these conditions, German businesses remain optimistic about the Vietnamese market. The AHK World Business Outlook Fall 2024 survey highlights … Continue reading Vietnam: German Businesses Show Resilience
Vietnamese Tycoon Faces Death Sentence Over Fraud case
HANOI– Truong My Lan, a 68-year-old Vietnamese property mogul, lost her appeal against a death sentence for orchestrating the world’s largest banking fraud. Found guilty of misappropriating $27 billion and embezzling $12 billion via Saigon Commercial Bank, her punishment is … Continue reading Vietnamese Tycoon Faces Death Sentence Over Fraud case
Indonesia Rejects Apple’s $100 Million Investment
JAKARTA – Indonesia has declined a US$100 million investment proposal from Apple, which aimed to resolve the ongoing sales ban on the iPhone 16 in the country. The Indonesian government insists that the offer does not meet its “fairness principles”, … Continue reading Indonesia Rejects Apple’s $100 Million Investment