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VinFast posts 2024 surge, eyes double deliveries in 2025
Vietnamese electric vehicle (EV) manufacturer VinFast reported revenue growth in its unaudited Q4 and 2024 financial statements, despite global market uncertainties.
Vingroup wants to build HCMC’s $4B metro line to coast
World’s 5 richest women boast $337B in collective wealth
Trial postponed in singer Duy Manh’s lawsuit against Mercedes-Benz Vietnam over car fire
A scheduled court on Friday has been postponed until May 21 to hear singer Duy Manh’s lawsuit against Mercedes-Benz Vietnam demanding VND2.5 billion (US$96,000) compensation for his car that was destroyed in a fire.
April 25, 2025 | 10:56 am GMT+7
Global fashion giant H&M subsidiary eyes $1B recycling factory in Vietnam
A subsidiary of Swedish fashion company H&M plans to invest US$1 billion to build a recycling complex in Vietnam to make the country the world’s first high-tech circular textiles hub.
April 25, 2025 | 06:32 am GMT+7
Malaysia’s largest coffee chain Zus Coffee targets 200 Southeast Asian outlets this year
Malaysia’s largest coffee chain, Zus Coffee, plans to launch 200 new outlets in Southeast Asia this year, according to CEO Venon Tian in an interview with Bloomberg.
April 25, 2025 | 06:29 am GMT+7
Singapore's 10th richest billionaire Kwek Leng Beng's CDL shareholder meeting descends into ‘disaster’ amid boardroom feud
A months-long boardroom dispute at Singapore-based property giant City Developments Ltd. (CDL) of billionaire Kwek Leng Beng, which was believed to be resolved, overshadowed the company’s annual shareholders’ meeting.
April 24, 2025 | 12:07 pm GMT+7
Mercedes-Benz Vietnam disavows 'the rat is responsible' remark in singer’s car fire controversy
Mercedes-Benz Vietnam has clarified that the controversial remark "the rat is responsible," made in connection with the fire that destroyed singer Duy Manh’s luxury vehicle, does not represent the company’s official stance.
April 23, 2025 | 04:18 pm GMT+7
Singer Duy Manh sues Mercedes-Benz Vietnam for car fire
Artist Duy Manh has filed a lawsuit against Mercedes-Benz Vietnam seeking compensation for damages after his car caught fire.
April 23, 2025 | 09:52 am GMT+7
VinFast delivers 400 e-vehicles to Indonesian dealers, consumers
Vietnamese electric vehicle (EV) maker VinFast Auto announced on April 21 that it handed over 400 units of VF 3 model to Indonesian dealers and customers in just two months after its launch.
April 22, 2025 | 04:26 pm GMT+7
Luxury magnate Johnathan Hanh Nguyen: ‘I still have one mission left for our country’
Four decades after leaving a stable life in the U.S. and returning to Vietnam, luxury retail tycoon Johnathan Hanh Nguyen reflects on a near-loss of his children, historic deals and the greatest regret of his career.
April 21, 2025 | 07:59 am GMT+7
Court rejects death row tycoon Truong My Lan’s appeal to get back 2 Hermes bags
An appeal court Monday rejected property tycoon Truong My Lan’s request for the return of two Hermes albino crocodile bags, saying that she had bought them using illicit funds.
April 21, 2025 | 03:47 pm GMT+7
Property mogul Truong My Lan escapes life sentence in $1.2B bond fraud
Property tycoon Truong My Lan had her sentence for bond fraud and other crimes commuted Monday from life imprisonment to 30 years as the court took cognizance of her efforts to compensate victims.
April 21, 2025 | 11:24 am GMT+7
Highlands Coffee remains a Vietnamese brand despite foreign investment: CEO
Highlands Coffee continues to be a Vietnamese brand, its founder and CEO David Thai has affirmed, despite significant investment from the Philippines’ Jollibee Foods Corporation.
April 20, 2025 | 11:26 am GMT+7
Qualcomm plans 3rd largest R&D center in Vietnam
U.S. telecoms giant Qualcomm wants to build its third largest research and development center in the world in Vietnam, with a focus on AI development.
April 17, 2025 | 12:04 pm GMT+7
Japan’s Aeon Mall posts $30M profit in Vietnam
Japanese retailer Aeon Mall reported profits of JPY4.23 billion (US$29.6 million) from its Vietnamese operations last year, an 8.6% increase from 2023.
April 14, 2025 | 03:54 pm GMT+7
Vietjet to launch flights to Con Dao using China’s COMAC jet
Vietjet Air plans to begin round-trip flights from Hanoi and Ho Chi Minh City to Con Dao starting this month using the COMAC ARJ21 aircraft.
April 12, 2025 | 02:23 pm GMT+7
HCMC exporters halt hiring over fears of US tariff impact
Many HCMC businesses that focus on exports to the U.S. have stopped hiring over concerns that the new tariffs will affect orders, according to the HCMC Business Association.
April 11, 2025 | 11:32 am GMT+7
29-year-old admissions guru makes fortune helping billionaires' kids into Ivy League schools
Christopher Rim, 29, CEO of Command Education, has helped hundreds of teenagers from wealthy families gain acceptance into the world’s most prestigious universities.
April 11, 2025 | 06:07 am GMT+7
Toymaker LEGO opens $1.3B green factory in Vietnam
Danish toymaker LEGO Group inaugurated its first factory in Vietnam, an over-US$1.3 billion green investment, at the Vietnam-Singapore Industrial Park III in the southern province of Binh Duong.
April 10, 2025 | 09:20 am GMT+7
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