The U.S. dollar rose slightly against the Vietnamese dong Wednesday morning. Vietcombank’s dollar selling rate increased by 0.04% from Tuesday to VND25,468. The greenback slid 0.35% to VND25,870 on the black market. The State Bank of Vietnam (SBV)’s reference rate is at VND24,256, up 0.05%. Since the beginning of the …
Read More »NIC launches semiconductor design training programme with Qorvo, Cadence partnerships
The course is not only the beginning of a critical training programme, but also a significant step towards Vietnamese mastery of semiconductor technology. An exchange of the Memorandum of Understanding (MOU) between NIC and Qorvo. — VNS Photo Mai Hương HÀ NỘI — Minister of Planning and Investment Nguyễn Chí …
Read More »Vingroup, Techcombank propose lower interest rates and extended loan terms for social housing
Vingroup and Techcombank have proposed a new social housing credit package with a fixed 4.8 per cent interest rate for the first five years, a 30-year loan term and loans covering up to 100 per cent of the purchase price. A social housing complex in Bắc Giang City. Vingroup and …
Read More »Việt Nam e-commerce market grows fastest in SEA
Việt Nam surpassed the Philippines to become the third largest e-commerce market in the region. TikTok Shop has become the second largest e-commerce platform in Southeast Asia after acquiring Tokopedia. — Photo topzone.vn HÀ NỘI — Việt Nam, along with Thailand, are the two fastest growing e-commerce markets in Southeast …
Read More »Death row property tycoon Truong My Lan charged with laundering $17.5B illegal money
Truong My Lan ordered her subordinates to transfer money between various banks or draw cash to launder VND445.70 trillion (US$17.5 billion), according to the indictment in her latest trial. The majority of it, 93%, had come from embezzling money from Saigon Commercial Bank and defrauding 35,000 bond investors, the Supreme …
Read More »Thai farmers become millionaire thanks to China’s appetite for durian
Many of Thailand’s durian farmers and exporters have become millionaires, having capitalized on the opportunities that come with China’s demand for the smelly fruit. Apichet Chitfour quit his factory technician job 29 years ago to invest in a durian business with his spouse, Kanjana, a fruit seller. Their risky bet …
Read More »China strives to lure foreign tourists, but it’s a hard sell for some
Guilherme Carvalho made his first visit to China this month, and the Italian said one of the main factors behind the trip was the post-pandemic policy to scrap entry permits for some tourists. Previously, all foreign visitors had to go through the onerous process of applying for a Chinese visa. …
Read More »Vietnam Airlines named most punctual domestic carrier in H1
Vietnam Airlines was named the most punctual airline in Vietnam in the first half, achieving an on-time performance (OTP) rate of 84.1%. According to the Civil Aviation Authority of Vietnam, the airline’s OTP is much higher than that of the aviation sector, which was 75.7%. Vietnam Airlines Deputy Director General …
Read More »Donald Trump’s net worth spikes $1B after assassination attempt
U.S. former President Donald Trump saw his net worth surging by $1.1 billion after surviving an assassination attempt. Trump’s net worth jumped 20.5% to $6.5 billion Tuesday, according to Forbes. Shares of his company Trump Media & Technology Group Corp rose 31% to $40.6. Trump owns a 65% stake in …
Read More »8 siblings navigate inheritance distribution without a will
We siblings decided to give our mother’s gold jewelry to our four sisters and her cash to our children, while the four brothers received nothing. My parents owned 800 square meters of land and a house in our rural hometown. Nearly 20 years ago, as they were old and sick …
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