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Saigon safari park has new investor after years of delay
After years of delay reportedly due to a lack of funding, Ho Chi Minh City’s safari park project has been handed over to real estate giant Vingroup, also the developer of the country’s first safari park in the southern island of Phu Quoc.
13th victim in Vietnam's buses-truck collision dies
Another victim in a collision between two buses and one truck that left 12 people dead and 40 others injured in Binh Thuan Province on May 22 has succumbed to severe burns.
Vietnam's foreign investment surges to over US$10 billion in Jan-May
Vietnam has been promised US$10.15 billion of foreign direct investment in the first five months this year, up a staggering 136% from a year ago, according to new data.
Vietnam may remove cap on baby formula prices: report
Vietnam will possibly remove a price cap imposed on baby formula products two years ago in response to requests from foreign investors.
HCM City needs over US$4 billion to tackle flooding
Ho Chi Minh City needs a large amount of money to fix its flooding problem since it was designed for two million people but the population has surged to more than 10 million, experts have said at a recent conference on the issue.
Vietnam orders Philippine beverage firm URC to recall more products
The Ministry of Health on May 24 ordered a recall of more beverage products made by URC Vietnam, a unit of Philippine producer Universal Robina, amid an expanding food safety scandal that has affected three other batches.
Vinamilk acquires US dairy company in US$10 million investment
Vinamilk, Vietnam's biggest dairy company, has taken over California-based Driftwood Dairy Holding Corporation after buying the company's remaining stake of 30% for US$3 million, according to a press release on May 23.
Canada developer pledges another US$75 million for resort project in Vietnam
Canada-incorporated Asian Coast Development Ltd. has pledged another US$75 million for a 400-acre resort and casino complex near the southern beach town of Vung Tau.
HCM City gets hop-on hop-off tourist bus service
Hop-on hop-off, a city bus service that is popular in many places around the world, has made its debut in Ho Chi Minh City after a six-month trial period.
Man caught with over 500 kgs of ivory, allegedly tries to bribe police
Police in the northern province of Bac Giang arrested a truck driver transporting 553 kilograms of elephant tusks from Hanoi to Lang Son Province on May 21.