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Property developer Novaland cannot use its VND32 trillion ($1.35 billion) in cash at banks to pay debts as most lenders have earmarked it as additional collateral asset. However, the company had said this issue and several others require the government’s intervention in a letter to the Prime Minister’s Office last …

Northern Vietnam’s lowest temperature on Thursday was 1 degree Celsius as a cold spell is affecting the region for the second day. The temperature was recorded on Mau Son peak, over 1,500 m above sea level in Lang Son Province. Several mountainous regions also saw temperatures drop by 3-4 degrees …

Six people have been killed after a bus and truck crash caused a huge fire at an expressway tunnel on the outskirts of Seoul, the local fire department told AFP. Images of the scene in local media showed huge flames and plumes of smoke rising from the tunnel, as hundreds …