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The U.S. dollar plunges at commercial banks Tuesday afternoon but gained on the black market. Vietcombank sold the dollar at VND23,750 Tuesday, down 0.38% from Monday. Eximbank sold the greenback at VND23,750, down 0.71%. The rate at Techcombank is VND23,770, down 0.71%. The State Bank of Vietnam maintained its reference …

Grab Vietnam has appointed Alejandro Osorio as its new managing director as part of its drive to achieve “robust sustainable growth” in its local operation. Osorio, an American who has worked for Grab for five years, previously served as director for regional strategy and planning, operations, and most recently was …

Northern Vietnam is forecast to be hit by its strongest cold front this winter on Friday, when temperatures in mountainous areas are expected to drop below zero degrees Celsius. The temperature in Hanoi will be 13-19 degrees on Saturday and will fall to 8-17 degrees early next week, according to …