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EV maker Vinfast secures US$3.5 billion funding
Vingroup, Vietnam’s largest private conglomerate and its Chairman Pham Nhat Vuong, has announced a significant financial commitment to VinFast, the Nasdaq-listed Vietnamese electric vehicle maker.
Viettel launches world’s first O-RAN 5G network
Military run telecom group Viettel on November 13 officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hanoi.
UK stands ready to help Vietnam build international financial hub
The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.
Two Vietnamese artists nominated for Grammy Awards
Vietnamese-American singer Sangeeta Kaur, whose real name is Mai Xuan Loan, and director Bao Nguyen have been nominated for Grammy Awards this year.
Protectionism still a barrier for Vietnam’s exports
Vietnam has faced 268 trade defence investigations, with more than half coming from Asia, Africa and Oceania, according to the Ministry of Industry and Trade.
PVI Insurance strengthens global ties at the 20th SIRC
PVI Insurance leaders recently participated in the 20th International Reinsurance Conference (SIRC), held from November 5 to 8 at the Sands Expo and Convention Centre, Marina Bay Sands, Singapore.
Conference hails HCM City as potential international transshipment hub
Ho Chi Minh City has huge potential due to its strategic location to develop transhipment ports for oversized and heavy cargo from around the world, a conference has heard in HCM City.
63% of consumers expected to increase spending on essential goods in 2025
PwC's 2024 Asia-Pacific Consumer Insights Survey reveals that 63% of Vietnamese consumers intend to increase spending on essential goods over the next year, followed by 52% on clothing and 48% on healthcare products.
Temu, Shein must complete business registration by month-end
The Ministry of Industry and Trade (MoIT) has engaged with representatives from cross-border e-commerce platforms Temu and Shein, mandating them to complete business registration procedures within this month.
Vietnamese e-commerce platform revenues fall in third quarter
Vietnamese e-commerce platforms’ revenues fell significantly in the third quarter of this year, while foreign platforms saw considerable expansion, according to a recent report by e-commerce data company Metric.