Under the pressure of a rapidly aging population and dwindling social welfare funds, Vietnam is planning to raise the existing retirement ages for both men and women to mitigate the economic impacts of these issues.

The investors have disappeared at a string of foreign investment projects, prompting authorities to officially terminate the projects in the forthcoming period.

The three-year divorce dispute between Dang Le Nguyen Vu, chairman of Trung Nguyen Group, and Le Hoang Diep Thao has drowned Vu’s ambition of taking over the world-leading coffee brand Starbucks to dominate the global coffee market.

Mandarin Oriental Hotel Group has officially announced developing its first five-star luxury hotel project in Vietnam at the signing ceremony with Union Square Saigon at Saigon Times Square Building.

The draft Law on Special Administrative-Economic Zones (SAEZs), scheduled for adoption in early next month, reflects Vietnam’s sharp change in mindset in investment attraction, with incentives expected to help lure in investment and boost the country's economic development.

The renewable energy sector and environmental projects continue to attract foreign capital investment, with many projects substantial in size and affirmed for implementation.   

Foreign and local firms have expressed ambitions to develop ultra-clear glass projects to meet the increasing demand for high-end glass for construction and solar panels.   

Amazon Web Services (AWS), a subsidiary of Amazon, is promoting the AWS Activate programme to support the growth of startups in Vietnam.

Huobi.Pro, the world’s third largest digital asset exchange, is hosting the 2018 Blockchain Festival in Ho Chi Minh City on May 24-25.

Medium-sized banks are working on massive capital increase plans to boost their financial capacity, striving to reach Basel II standards.