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Heiress to Chinese metal tycoon acquires $62M Singapore mansion
Xiang Yangyang, daughter of Chinese nickel magnate Xiang Guangda, has acquired a mansion in Singapore’s Bin Tong Park enclave, spanning 2,612 square meters, for S$84 million (US$62 million).
Vietnam coffee farmers boost irrigation but running low on water, says report
Coffee farmers in Vietnam, the world's largest producer of robusta coffee, have sharply increased use of irrigation in the main producing regions of the country amid excessive dryness, but they are now running low on water, a report said on Monday.
On a $400 budget, I would choose Thailand over domestic destinations
A five-day trip to Thailand fits snugly into my VND10 million (US$394) budget while trips to tourist destinations in Vietnam with similar price tags may not be as comfortable.
April 29, 2024 | 03:14 pm PT
Hanoi apartment prices up 38% in 5 years
Hanoi apartment prices have risen by 38% from 2019 and prices have shot up even in buildings that are 5-10 years old, according to the Ministry of Construction.
April 29, 2024 | 03:13 pm PT
HCMC heat wave spurs sidewalk stalls to double drink sales
Amid the severe heat wave in HCMC, sidewalk stalls selling cooling drinks are making a killing, with many saying sales are double that of a year ago.
April 29, 2024 | 02:17 am PT
TikTok, Facebook, and other foreign service providers pay $575M in taxes
Foreign service providers including Google, Facebook, and TikTok, have paid VND14.572 trillion (US$575 million) in taxes, according to the General Department of Taxation.
April 28, 2024 | 01:00 am PT
BYD seeks collaboration, not competition, with Vinfast in Vietnam
China’s BYD, the world’s largest electric vehicle manufacturer, wants to partner with carmaker VinFast when it launches in Vietnam in June rather than compete against the local giant.
April 27, 2024 | 07:00 pm PT
Malaysia detects parasitic worms in 16 tons of canned fish imported from China
Malaysian authorities have found parasitic worms in a 16-ton shipment of canned sardines imported from China through Singapore.
April 26, 2024 | 09:04 pm PT
Chinese property tycoon Chen Hongtian faces demands on $200M of overdue loans
Chinese property tycoon Chen Hongtian is facing demands from banks to repay over US$200 million in loans, for which he and his family have provided personal guarantees.
April 27, 2024 | 03:00 am PT
Taxi firm Vinasun’s profits down by half
Taxi firm Vinasun’s profits plummeted by 58.5% to VND22 billion ($868,000) in the first quarter, a near two-year low, according to a company disclosure.
April 26, 2024 | 09:21 pm PT
Sacombank assures no loss on $141M loan to Bamboo Airways
Sacombank has assured that it will not lose the VND3.58 trillion (US$141 million) it has lent to Bamboo Airways, citing that the loans are secured by high-value assets.
April 26, 2024 | 09:20 pm PT
Dollar gains on black market
The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.
April 26, 2024 | 09:20 pm PT
Revenue on top five e-commerce platforms jumps 79%
Total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reached more than VND71 trillion ($2.79 billion), an increase of 79% over the same period last year.
April 26, 2024 | 05:21 pm PT
Energy industry needs $190B investment by 2030
The total capital demand for Vietnam's energy sector is estimated at VND4.13-4.8 quadrillion (US$163-189.7 billion) in investment capital during 2021-30, according to a plan to implement the National Power Planning.
April 26, 2024 | 05:20 pm PT
Vietnam becomes Singapore's 5th largest aquatic product supplier
Vietnam rose one rank to become Singapore's 5th largest aquatic product exporter for the first time last quarter, the Vietnam Trade Office in that country said.
April 26, 2024 | 05:19 pm PT
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Travel
Vietnam welcomes over 6 million int'l visitors in four months
Vietnam accommodated more than 6.2 million international visitors in the first four months of this year, up 68.3% year on year and 3.9% compared to the same period in 2019 before the Covid-19 pandemic broke out.
Where to watch Reunification Day fireworks in Saigon
HCMC will launch fireworks at five locations on Tuesday to celebrate Reunification Day.