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VinSpeed to build $3.3B high-speed rail linking downtown HCMC and coastal Can Gio, set to operate in 2028

VinSpeed to build $3.3B high-speed rail linking downtown HCMC and coastal Can Gio, set to operate in 2028

VinSpeed has proposed building a VND86.65 trillion (US$3.3 billion) high-speed rail line linking downtown Ho Chi Minh City’s Ben Thanh area with the coastal mangrove area of Can Gio, aiming to begin commercial operations by 2028.
Singapore sees more company directors paid $38,000 or less a year

Singapore sees more company directors paid $38,000 or less a year

Vietnam's richest man Pham Nhat Vuong launches aerospace firm

Vietnam's richest man Pham Nhat Vuong launches aerospace firm

Singaporean father, son executives quit Khoon Group following alleged links to Cambodian tycoon Chen Zhi’s cybercrime network

Singaporean father, son executives quit Khoon Group following alleged links to Cambodian tycoon Chen Zhi’s cybercrime network

Khoon Group announced that its executive directors, Ang Jui Khoon and his son Ang Kok Kwang, have resigned following accusations of links to a cybercrime network led by Cambodian tycoon Chen Zhi.
November 7, 2025 | 06:21 am GMT+7
Hand baggage checks must not inconvenience passengers: aviation authority

Hand baggage checks must not inconvenience passengers: aviation authority

Weighing hand baggage at boarding gates should be done without inconveniencing passengers and creating a negative impression of flying, the Civil Aviation Authority of Vietnam has told airlines.
November 6, 2025 | 02:32 pm GMT+7
Qatar Airways sells stake in Hong Kong carrier Cathay Pacific for $897M

Qatar Airways sells stake in Hong Kong carrier Cathay Pacific for $897M

Doha-based carrier Qatar Airways is selling its entire stake in Cathay Pacific Airways for around US$897 million as it exits Hong Kong's flagship carrier after eight years.
November 6, 2025 | 11:52 am GMT+7
Britain seizes $16M of dinosaur bones from Singapore-based businessman

Britain seizes $16M of dinosaur bones from Singapore-based businessman

British authorities have seized rare dinosaur bones previously auctioned for 12.4 million pounds (US$16.1 million), along with nine London apartments and other assets, from a Singapore-based businessman in a case to recover alleged proceeds of crime.
November 6, 2025 | 11:51 am GMT+7
Vietnamese scramble to stockpile food ahead of Typhoon Kalmaegi landfall

Vietnamese scramble to stockpile food ahead of Typhoon Kalmaegi landfall

Supermarket shelves were emptied by Wednesday noon in the south-central provinces of Gia Lai and Dak Lak as people bought and stockpiled food before Typhoon Kalmaegi makes landfall.
November 5, 2025 | 05:15 pm GMT+7
Britain’s richest man Gopichand Hinduja dies

Britain’s richest man Gopichand Hinduja dies

Gopichand Hinduja, the richest man in Britain with a family net worth of $46 billion, has died aged 85, survived by his wife and three children.
November 5, 2025 | 03:07 pm GMT+7
Hong Kong freezes $354M in assets tied to Cambodian scam empire operator Chen Zhi

Hong Kong freezes $354M in assets tied to Cambodian scam empire operator Chen Zhi

Hong Kong authorities has frozen assets worth HK$2.75 billion (US$354 million) linked to a criminal syndicate identified as the Prince Group run by sanctioned Chinese-Cambodian tycoon Chen Zhi.
November 5, 2025 | 10:08 am GMT+7
Gold shortage hits Saigon Jewelry Company, sales plunge 64%

Gold shortage hits Saigon Jewelry Company, sales plunge 64%

The state-owned Saigon Jewelry Company (SJC) saw revenues fall by 64% in the first half of this year as supply plummeted.
November 4, 2025 | 04:36 pm GMT+7
Starbucks sells majority stake in China business in $4B deal

Starbucks sells majority stake in China business in $4B deal

Starbucks has said it will sell a controlling stake in its Chinese retail operations to investment firm Boyu Capital in a deal valuing the business at around US$4 billion.
November 4, 2025 | 10:03 am GMT+7
Entrepreneur who took Vietnamese foods to US stores dies at 34

Entrepreneur who took Vietnamese foods to US stores dies at 34

Nguyen Duc Nhat Thuan, the founder of packaged food producer Ca Men and exporter of traditional Vietnamese foods to U.S. stores, has passed away at the age of 34.
November 3, 2025 | 07:52 pm GMT+7
Billionaire Pham Nhat Vuong’s VinSpeed seeks to build $5.3B Hanoi-Ha Long Bay rail link

Billionaire Pham Nhat Vuong’s VinSpeed seeks to build $5.3B Hanoi-Ha Long Bay rail link

VinSpeed wants to build a Hanoi-Ha Long Bay high-speed rail at a cost of VND138.93 trillion (US$5.3 billion) and begin operating it by 2028.
November 3, 2025 | 03:39 pm GMT+7
From street vendor to tycoon: The story of Hong Thai herbal inhaler founder facing recall crisis over contamination

From street vendor to tycoon: The story of Hong Thai herbal inhaler founder facing recall crisis over contamination

Theerapong Rabuetham, founder of the popular herbal inhaler brand Hong Thai, rose from a street vendor to a prominent business owner, but his firm is now in the spotlight over contaminated products.
November 3, 2025 | 06:44 am GMT+7
Vingroup to build $49M Tuan Chau Park near Ha Long Bay

Vingroup to build $49M Tuan Chau Park near Ha Long Bay

Vingroup plans to build Tuan Chau Park opposite the tourist hotspot Ha Long Bay with an investment of VND1.3 trillion (US$49 million), expected to commence operation in mid-2027.
November 1, 2025 | 05:51 pm GMT+7
Actress Truong Ngoc Anh arrested for allegedly embezzling thousands of gold taels

Actress Truong Ngoc Anh arrested for allegedly embezzling thousands of gold taels

Actress Truong Ngoc Anh has been arrested for allegedly misappropriating thousands of taels of gold, along with cash, from her former company.
November 1, 2025 | 05:48 pm GMT+7
Singapore seizes $115M in assets from Cambodian scam empire operator Chen Zhi

Singapore seizes $115M in assets from Cambodian scam empire operator Chen Zhi

Singapore police said Friday they have seized more than $115 million in assets tied to Chen Zhi, a British-Cambodian tycoon accused of running forced labour camps in Cambodia used as multi-billion dollar scam centres.
November 1, 2025 | 05:45 pm GMT+7
ACB set to launch its own gold bullion brand

ACB set to launch its own gold bullion brand

Asia Commercial Bank is setting up production facilities to start making its own gold bars and building an online trading platform as it awaits trading approval from the government.
October 31, 2025 | 02:25 pm GMT+7
Singapore bakery chain Twelve Cupcakes, co-founded by former beauty queen Jaime Teo, shutters after 14 years

Singapore bakery chain Twelve Cupcakes, co-founded by former beauty queen Jaime Teo, shutters after 14 years

Twelve Cupcakes, a pastry chain co-founded by 2001 Miss Universe Singapore winner Jaime Teo, has shut down operations in Singapore after 14 years.
October 31, 2025 | 09:28 am GMT+7
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