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Vietravel Airlines buys first plane after investment from tycoon Do Quang Hien's firm
Vietravel Airlines has purchased its first plane, months after receiving investment from firms affiliated with T&T Group, a conglomerate founded by prominent businessman Do Quang Hien.
Singapore Airlines CEO Goh Choon Phong's pay drops to $5.5M despite profit growth
Germany’s Siemens wants to build Vietnam high-speed rail
Property tycoon Trinh Van Quyet sentence reduced by 14 years to 7
Property tycoon Trinh Van Quyet’s prison sentence for fraud has been commuted to seven years from 21 by an appeal court.
June 26, 2025 | 01:27 pm GMT+7
Singapore-bound travelers among thousands stranded at one of world’s busiest airports
Thousands of travelers, including those bound for Singapore, faced long queues, delays and flight cancellations at two of the world's busiest airports in Doha and Dubai following the temporary closure of several countries' airspace.
June 25, 2025 | 12:24 pm GMT+7
Starbucks denies plans to fully sell China business
U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained the information.
June 25, 2025 | 11:12 am GMT+7
From small China store to $40B toy empire: How Pop Mart rose to global fame with Labubu dolls
Started in 2010 by then-23-year-old entrepreneur Wang Ning as a small shop selling toys in China, Pop Mart has grown into a giant with a market cap of US$40 billion thanks to the popularity of its Labubu character.
June 25, 2025 | 06:26 am GMT+7
Thailand's 3rd richest man Charoen Sirivadhanabhakdi transfers stake in beermaker ThaiBev to 5 children
Charoen Sirivadhanabhakdi, Thailand’s third wealthiest individual, has transferred his 66% stake in Thai Beverage to his five children, but retained full decision-making authority over the drinks conglomerate.
June 25, 2025 | 06:25 am GMT+7
Vietnam Airlines offers refunds as Vinh airport closes for 6-month expansion
Vietnam Airlines has said it will refund tickets on all flights canceled due to the closure of Vinh International Airport in the central province of Nghe An for expansion.
June 24, 2025 | 02:37 pm GMT+7
Vietravel Airlines to double charter capital to $99M
Vietravel Airlines is set to double its charter capital to VND2.6 trillion (US$99 million) in the first half of next year, with “financial support” from SHB Bank.
June 23, 2025 | 11:47 am GMT+7
Vietnam imports 8 million tons of US soybeans
Vietnam imported eight million tons of soybeans from the U.S. last year to remain the third largest market for the item in Southeast Asia.
June 20, 2025 | 06:31 am GMT+7
Prosecutors recommend 14-year reduction in property tycoon Trinh Van Quyet’s prison sentence
Prosecutors Thursday called on the appeal court to reduce Trinh Van Quyet’s sentence for stock manipulation and fraud from 21 years to seven or eight and impose a fine.
June 19, 2025 | 12:02 pm GMT+7
Court receives 5,000 petitions seeking leniency for disgraced tycoon Trinh Van Quyet
The Hanoi High People’s Court has received 5,000 petitions seeking leniency for Trinh Van Quyet, who has been found guilty of securities and other fraud, including from victims.
June 18, 2025 | 02:44 pm GMT+7
Hong Kong Michelin-recommended eatery Ancient Moon to shutter after 11 years
Hong Kong’s Michelin-recognized restaurant Ancient Moon, which serves Singaporean and Malaysian food, will shut down next month after 11 years of business.
June 18, 2025 | 10:13 am GMT+7
Duty-free giant King Power seeks to quit Thailand's airports amid falling Chinese arrivals
Thai duty-free giant King Power is seeking to terminate its concessions at the kingdom's major international airports, citing falling numbers of Chinese tourists, the terminals' operator has said.
June 18, 2025 | 07:36 am GMT+7
TikToker with 2.6 million followers arrested for selling 800,000 fake food, cosmetics products
Le Van Hai, who runs a TikTok channel with 2.6 million followers, has been arrested for selling 800,000 boxes of counterfeit food and cosmetics.
June 18, 2025 | 05:56 am GMT+7
Bamboo Airways chairman quits
Bamboo Airways chairman Phan Dinh Tue has tendered his resignation and is awaiting shareholders’ approval at an extraordinary general meeting to be held on July 5.
June 17, 2025 | 03:52 pm GMT+7
Property tycoon Trinh Van Quyet seeks absence from trial due to 'high risk of death'
Trinh Van Quyet, the property tycoon charged with stock manipulation and fraud, did not show up at an appeal court Tuesday, with the court saying he is suffering from a serious illness that poses a “high risk of death.”
June 17, 2025 | 11:46 am GMT+7
Vietnam Airlines begins work on $69M catering, aircraft maintenance projects at new airport
Vietnam Airlines has broken ground on projects at the under-construction Long Thanh International Airport for in-flight catering and aircraft maintenance services estimated to cost VND1.8 trillion (US$69 million).
June 17, 2025 | 10:17 am GMT+7
Meet Lili Buffet, billionaire Warren Buffet’s grand-daughter-in-law: a fashionista, finance executive, and philanthropist
Lili Buffet, who is married to Warren Buffet’s grandson Howard Warren Buffett, is a fashion-forward finance leader who has dedicated years to humanitarian causes while building her career.
June 16, 2025 | 12:17 pm GMT+7
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