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
Aeon Expands Vietnam Footprint with New Mall
HANOI – Japanese retail giant Aeon Mall Vietnam is set to further solidify its presence in Vietnam with the commencement of construction for a new $202 million mall in the picturesque coastal city of Ha Long. Scheduled to begin in … Continue reading Aeon Expands Vietnam Footprint with New Mall
Vietnam’s Cybersecurity Challenges and Milestones
HANOI – Cybersecurity in Vietnam is facing both significant progress and growing challenges, according to Bùi Hoàng Phương, Deputy Minister of Information and Communications, speaking at today’s *Vietnam Cyber Security Day 2024* conference and exhibition held in Hà Nội. As … Continue reading Vietnam’s Cybersecurity Challenges and Milestones
Vietnam Sees Record Tourist Arrivals in 2024
HANOI – Vietnam has set a new benchmark in its tourism industry, reporting record tourist arrivals in 2024. Southeast Asian countries have welcomed millions of visitors from around the globe, making tourism one of the key drivers of economic growth. … Continue reading Vietnam Sees Record Tourist Arrivals in 2024
Vietnam Cracks Down on Foreign E-Commerce Platforms
HANOI – Vietnam has issued a directive that mandates foreign e-commerce platforms, including popular names like Temu and Shein, to register with the government or face potential bans. The new regulations, announced in late October 2024, are part of a … Continue reading Vietnam Cracks Down on Foreign E-Commerce Platforms
Vietnam: Upskilling Labor for a High-Value Economy
HANOI – In a decisive pivot towards economic modernization, Vietnam stands at a pivotal juncture with its burgeoning relationship with global technology giants. The Southeast Asian nation, traditionally an agrarian economy, is now orchestrating a strategic overhaul aimed at transitioning … Continue reading Vietnam: Upskilling Labor for a High-Value Economy
Super Typhoon Yagi kills four in Vietnam
HANOI – Typhoon Yagi, one of the most formidable storms to strike Vietnam in the past ten years, made landfall on Saturday, unleashing winds that surpassed 150 km/h and leaving a path of devastation in its wake. The northern regions … Continue reading Super Typhoon Yagi kills four in Vietnam
ASEAN-China Think-Tanks Convene in Da Nang
DA NANG – The Network of ASEAN-China Think-Tanks (NACT) Working Group Meeting took place on July 6th in Da Nang, focusing on the theme of “ASEAN-China Collaboration on Industrial and Supply Chains.” Scholars from ASEAN Member States and China gathered … Continue reading ASEAN-China Think-Tanks Convene in Da Nang