Business

VinFast plans to set up headquarters in Germany, France and the Netherlands as it eyes a successful foray into key European markets for its electric cars. But it is unclear when the Frankfurt, Paris and Amsterdam offices will open. The company is set to open its first flagship store in …

Vietnam’s government has asked its central bank to help local fuel traders have better access to foreign currencies to pay for fuel imports, the Ministry of Industry and Trade said late on Wednesday. The ministry, in a document sent to the State Bank of Vietnam, said the move would help …

The U.S. dollar has appreciated against the Vietnamese dong for 10 straight days, one of the longest such streaks. The dong fell by 0.6% to a record 24,511 to the dollar Wednesday, data from Bloomberg shows, after the central bank widened the daily currency trading band from 3% to 5%. …

Travel firms are seeing positive signs for inbound tourism during the year-end travel season as many western tourists target Vietnam as their winter escape destination. Peter Zimmermann from Germany said he and his wife plan to fly to Vietnam early December because they want to escape the cold winter in …

The government wants royal relics to be preserved and tourism facilities upgraded to turn Hue into a “city of festivals and Asia’s cultural and tourist hub” by 2045. Vietnam’s former imperial capital is set to become a centrally managed city in 2025 alongside Hanoi, HCMC, Hai Phong, Da Nang, and …

British newspaper The Times has recommended a cruise along the Mekong River through Cambodia and Vietnam as ne of 11 best tours for Britons to escape the winter. The 10-night journey begins with a two-night hotel stay to explore the mystical 12th-century temples of Angkor, the world’s largest complex of …

Taxi firm Vinasun posted a profit of VND60.5 billion ($2.45 million) in the third quarter, the highest since 2017, thanks to a recovery from Covid-19 impacts. Its revenue surged 10-fold to VND350 billion from a low base last year when social distancing was imposed in Ho Chi Minh City and …

Ho Chi Minh City has collected VND9.6 billion ($392,000) in fines from 633 facilities in the first nine months for selling food under fake labels or of unclear origin. The HCMC Food Safety Management Authority has confiscated 12.8 tons of food that is not up to standard quality or of …

Vietnam’s benchmark VN-Index dropped 0.34 percent to 1,060.07 points Wednesday with trade value plunging double-digit. The index closed 3.6 points lower after gaining 12.1 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 18.6% to VND8.27 trillion ($337.62 million). The VN-30 basket, comprising the 30 …

A helicopter tour over Ho Chi Minh City and an expedition into the world’s largest cave Son Doong have been listed among 20 unique travel experiences by Vietnamese record organization VietKings. Le Tran Truong An, general director of VietKings, told VnExpress these experiences are published once a year, based on …