VnExpress News The News Gateway of Vietnam

After six failed attempts due to lack of bidders, lender BIDV plans to again try and auction a yacht belonging to embattled company FLC. The FLC Albatross will have a reserve price of VND23.2 billion (US$945 million), 36% less than last time. The state-owned lender will hold the auction in …

The U.S. dollar rose slightly against the Vietnamese dong Tuesday morning as it steadies around the highest since early November. Vietcombank sold the dollar at VND24,730 Tuesday, up 0.10% from Monday. The State Bank of Vietnam’s reference rate was steady at VND24,030. The greenback was unchanged on the black market …

German President Frank-Walter Steinmeier and his spouse arrived in Hanoi on Tuesday morning, starting their two-day state visit to Vietnam at the invitation of President Vo Van Thuong and his spouse. They were welcomed at Noi Bai International Airport by Chairman of the Presidential Office Le Khanh Hai, Chairman of …