Vietnam

Vietnam pushes EV shift as energy security risks mount

Incentives to support electric vehicle production and adoption are required to be introduced by June

Skinetiq co-founder Hannah Nguyen.

How a Vietnamese beauty startup landed a US$38 million exit

The Skinetiq deal with Marico draws widespread coverage, marking a rare startup exit in Vietnam

Logistics companies are losing grip on demand, service standards and pricing to major e-commerce platforms, eventually leading to just a few large players standing.

Vietnam’s e-commerce last-mile war: Why Ninja Van and LEX bowed out

Next battleground is the race for parcel volumes outside giants like Shopee, TikTok Shop

Truong My Lan was sentenced to death in April 2024 after being found guilty of embezzling US$12.3 billion from Saigon Commercial Bank in the nation’s largest-ever fraud case.

Vietnam bank to sell mogul’s property, car to offset fraud loss

The proceeds from sales of the assets will go towards recovering the multibillion-dollar losses incurred

Vietnam imports more than two-thirds of its jet fuel needs, with 60% coming from China and Thailand, according to documents from the aviation regulator and importers.

Vietnam braces for flight cuts from April after China, Thailand ban jet fuel exports

Hanoi has also seen reduced supplies from Singapore, the document shows

Rising incomes and increased travel demand in Vietnam are driving airlines’ focus on fleet expansion.

Vietnam’s aircraft orders are soaring. Now it wants the financing at home

Airlines are looking beyond the Middle East challenges as they aim to position the country as a regional aviation hub

Disruptions in the Persian Gulf have been a major headache for import-dependent Asia, especially for more price-sensitive emerging economies such as Vietnam.

Vietnam taps fuel fund to steady prices amid risks of shortages

The government begins disbursing money from its fuel price stabilisation fund starting midnight on Tuesday

Motorists line up to refuel at a gas station in Hanoi on Mar 10.

Asia’s fuel crunch forces four-day weeks and school closures

The Iran war has led to a surge in global energy prices

Retail fuel prices have risen sharply after Vietnam hiked petrol prices twice in three days.

Vietnam plans to scrap fuel import curbs to keep supply flowing

The country’s crude oil production currently averages about 180,000 barrels per day

Instead of relying on EVN’s monopoly system and generous tariff payments guaranteed for 20 years, electricity prices are now negotiated in the wholesale market, reallocating risks among developers, large buyers and the state utility.

Vietnam reboots direct clean-power push after pricing hurdles slow corporate uptake

Market players say there is long-term upside in the new mechanism even as subsidy-era disputes remain unresolved