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Police in the southern province of Ca Mau Province are investigating the torture of two fishermen that happened in May, after video footage of the incident surfaced on social media. The Tran Van Thoi District People’s Committee said Thursday that authorities only came to know of Truong Van Trung, 47, …

Retail borrowers are struggling to pay interest on bank loans, which has jumped by 0.5-1.2 percentage points this month alone to 11.5-13%. Interest rates for businesses are around 9%, with both being up by around 2 percentage points since the beginning of this year. The State Bank of Vietnam has …

Vietnam’s electric vehicle maker VinFast said on Thursday it has struck a deal with U.S. car subscription service Autonomy to supply more than 2,500 units. It is VinFast’s largest corporate order to date, as part of a plan to expand further in the market. VinFast, which ceased production of gasoline-powered …