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300,000 Singaporean seniors to receive nearly US$1,000 in health support Mon, 16 Jun 2025 17:56:44 +0700
Around 300,000 Singaporean seniors from the “Pioneer Generation” will receive government top-ups ranging from SGD300 to SGD1,200 (US$234-937) each in July for their contribution to the country in its early days.
138 luxury apartments sold at record-low prices within hours at Hong Kong project led by billionaire Cheng family’s New World Mon, 16 Jun 2025 17:48:54 +0700
The first batch of apartments at the Deep Water Pavilia luxury residential project, built by a New World Development-led consortium in southern Hong Kong Island, sold out within hours at record-low prices.
EU hikes imports of Vietnamese fruits, nuts Mon, 16 Jun 2025 15:28:00 +0700
Vietnamese mango, pistachio, pineapple, and coconut exports to the European Union jumped between 41% and 200% year-on-year in the first four months.
Pop star Karen Mok buys $10.8M luxury apartment in Hong Kong prime area Mon, 16 Jun 2025 14:42:29 +0700
Hong Kong pop star and actress Karen Mok Man-wai has purchased a high-end apartment in the city for HKD85 million (US$10.8 million), as celebrities and investors snap up prime properties at bargain prices.
Chinese seedless lychees fetch $35 per kilogram in Vietnam Mon, 16 Jun 2025 14:39:55 +0700
Seedless lychees from China are selling at VND600,000-900,000 (US$23-35) per kilogram in Hanoi, much higher than the prices of traditional local varieties.
Meet Lili Buffet, billionaire Warren Buffet’s grand-daughter-in-law: a fashionista, finance executive, and philanthropist Mon, 16 Jun 2025 12:17:19 +0700
Lili Buffet, who is married to Warren Buffet’s grandson Howard Warren Buffett, is a fashion-forward finance leader who has dedicated years to humanitarian causes while building her career.
Dollar strengthens against dong Mon, 16 Jun 2025 12:00:58 +0700
The U.S. dollar rose against the Vietnamese dong on Monday morning while holding firm against major peers.
Gold bar prices dip while global rates rise Mon, 16 Jun 2025 11:30:24 +0700
Vietnam gold bar price edged lower Monday morning while global bullion rates rose for a fourth consecutive session.
Vietnam Airlines to launch first direct flight to Italy next month Mon, 16 Jun 2025 11:27:28 +0700
Vietnam Airlines will launch a direct service between Hanoi and Milan in Italy on July 1 as part of plans to expand its European network.
Fake Hermes, Chanel, Gucci, Louis Vuitton handbags sold for as little as $6 at HCMC shopping center Mon, 16 Jun 2025 11:07:11 +0700
Authorities in Ho Chi Minh City have shut down two stores at Saigon Square for selling fake Hermes, Louis Vuitton, and Gucci products priced from as little as $6, as part of a crackdown on counterfeit goods.
Billionaire F1 heiress Petra Ecclestone gives up sale of $200M London mansion Mon, 16 Jun 2025 06:29:18 +0700
Petra Ecclestone, British heiress and daughter of Formula 1 billionaire Bernie Ecclestone, is pulling her GBP175 million (US$201 million) mansion in London off the market.
Why India’s top dealmakers are making 37% more than those in Singapore Mon, 16 Jun 2025 06:25:42 +0700
Senior dealmaker in India are outearning their peers in Singapore and Hong Kong, as global firms boost salaries to secure top talent in the world’s fastest-growing major economy.
From business empire to ex-minister’s corruption scandal: 5 things to know about Singapore‑based Malaysian F1 tycoon Ong Beng Seng Mon, 16 Jun 2025 06:03:37 +0700
Singapore‑based Malaysian tycoon Ong Beng Seng was born into wealth and built a business empire spanning hotels, real estate and Formula 1 racing before being embroiled in a corruption scandal involving former transport minister S. Iswaran.
Sun Group licensed to operate Sun PhuQuoc Airways Sun, 15 Jun 2025 10:13:34 +0700
The Ministry of Construction has granted an air transport license to Sun Phu Quoc Company Limited (Sun PhuQuoc Airways), an airline brand invested in and developed by Vietnamese conglomerate Sun Group.
Vietnam to hike alcohol tax to 90% by 2031 in crackdown on drinking Sat, 14 Jun 2025 19:50:50 +0700
Vietnam's National Assembly on Saturday approved a plan to raise the special consumption tax on alcoholic drinks from 65% to 90% by 2031, a move aimed at curbing consumption but one that adds further pressure on an already struggling industry.
Gold recovers to 3-week high Sat, 14 Jun 2025 14:20:17 +0700
Vietnam gold price has been gradually recovering in recent weeks, hitting the highest since April 24 on Saturday.
Dollar edges down against dong Sat, 14 Jun 2025 14:19:51 +0700
The U.S. dollar fell against the Vietnamese dong on the black market Saturday morning.
No Vietnamese carriers fly through Israeli, Iranian airspace Sat, 14 Jun 2025 14:19:15 +0700
National flag carrier Vietnam Airlines has rerouted its flights to steer clear of conflict zones, prioritizing the safety of passengers and crew members as escalating tensions between Israel and Iran affect the global aviation industry.
Coffee exports reach new high on EU, US demand Sat, 14 Jun 2025 14:18:56 +0700
Coffee exports hit a peak of US$4.7 billion in the first five months of this year, driven by a surge in shipments to major markets including the EU and the U.S. and record-high prices.
Vietnamese PM works with top Swedish firms to foster investment ties Sat, 14 Jun 2025 14:18:30 +0700
Vietnamese Prime Minister Pham Minh Chinh held working sessions with leading Swedish corporations, including Ericsson, H&M, SYRE, and AstraZeneca in Stockholm on June 13 to foster their investment and cooperation with Vietnam, as part of his official visit to Sweden.
Gold market to become more competitive as bullion monopoly ends Sat, 14 Jun 2025 05:22:36 +0700
Vietnam’s gold market is poised for more competition and brands as eligible banks and enterprises will soon be permitted to import raw gold and produce gold bars.
E-commerce platforms in Vietnam shift focus from discounts to immersive experiences Sat, 14 Jun 2025 12:00:00 +0700
Once dominated by discounts, flash sales, and free shipping on double-day events like June 6, Sept. 9, or Nov. 11, Vietnam's e-commerce landscape is undergoing a noticeable transformation to provide more engaging, experience-driven shopping environments.
Toy maker Pop Mart’s founder Wang Ning now China’s 10th richest billionaire on Labubu craze Fri, 13 Jun 2025 15:57:50 +0700
Wang Ning, founder of Pop Mart, has become China’s 10th richest man as the toy maker’s Labubu dolls take the world by storm, boosting his net worth to US$22.7 billion.
How billionaires’ children are embracing their parents’ pledge to give away wealth Fri, 13 Jun 2025 15:28:56 +0700
As the world’s billionaires prepare to pass on their wealth, in many cases to charity, their children are set to play a larger role, with many ending up carrying out philanthropic promises made long before they were ready to lead.
Dollar gains over dong Fri, 13 Jun 2025 14:13:48 +0700
The U.S. dollar strengthened against the Vietnamese dong and major peers on Friday morning.
Gold prices surge as global rates near 2-month high Fri, 13 Jun 2025 14:10:44 +0700
Vietnam gold prices climbed Friday morning as global bullion rates surged to their highest in nearly two months.
Singapore swaps prime land with Malaysian billionaire king’s son for historic family lot Fri, 13 Jun 2025 11:29:08 +0700
Singapore’s government is exchanging a plot of land in one of its most expensive residential areas with the eldest son of Malaysia’s billionaire king for a larger vacant lot owned by his family for over a century.
Singapore’s largest supermarket chain selling durians at $1.5 per fruit Fri, 13 Jun 2025 10:46:06 +0700
FairPrice, Singapore’s largest supermarket chain, is selling kampung durians at S$1.95 (US$1.52) apiece as a limited promotion this month.
Online shopping scams in Malaysia hit record 3,500 in Q1: Ninja Van Fri, 13 Jun 2025 10:07:46 +0700
Delivery company Ninja Van Malaysia reported over 3,500 parcel scams in the first quarter this year, the highest quarterly figure ever.
Delivery worker fined $20 for alerting recipient to counterfeit watch Fri, 13 Jun 2025 06:05:42 +0700
I warned a customer that she was buying a fake product, but she got upset and complained to the seller, leading to me being fined VND500,000 (US$20).
Billionaire Kwek family’s CDL selling $2.1B Singapore complex: How much do you know about the deal? Fri, 13 Jun 2025 06:05:23 +0700
Property developer City Developments Limited, controlled by Singapore's billionaire Kwek family, has recently agreed to sell its majority stake in the US$2.1 billion South Beach complex in the city-state.
China’s Geely to build Vietnam auto plant despite global expansion halt Fri, 13 Jun 2025 06:05:07 +0700
Chinese automobile company Geely will build its Vietnam factory as planned despite its chairman’s recent warning of a global “overcapacity” and halted expansion.
Who is Ong Beng Seng, the Singapore-based Malaysian tycoon set to plead guilty in ex-minister’s corruption case? Fri, 13 Jun 2025 06:04:52 +0700
Ong Beng Seng, who is scheduled to plead guilty on July 3 in a corruption case involving Singapore’s former transport minister S. Iswaran, is known for bringing Formula One racing to the city-state and ranking among its richest tycoons.
Gold firms at 2-week high Thu, 12 Jun 2025 20:07:15 +0700
Vietnam gold price rose Thursday morning, remaining at the highest in over two weeks, as global rates moved up.
Dollar strengthens against dong despite global slip Thu, 12 Jun 2025 20:06:58 +0700
The U.S. dollar rose against the Vietnamese dong but dropped against major currencies Thursday morning.
Gasoline prices rise to 10-week high Thu, 12 Jun 2025 19:54:56 +0700
Vietnam gasoline prices Thursday afternoon rose to the highest since April 3.
Vietnam ready to further open market for US exports: minister Thu, 12 Jun 2025 10:59:45 +0700
Vietnam is ready to further open its market and offer additional incentives for U.S. exports, and hopes for corresponding steps from the U.S. side, said Minister of Industry and Trade Nguyen Hong Dien.
Sun PhuQuoc Airways to receive air transport license Thu, 12 Jun 2025 10:59:28 +0700
Deputy Prime Minister Tran Hong Ha on June 11 approved the Ministry of Construction's proposal to grant an air transport business license to the Sun PhuQuoc Airways Co. Ltd.
3 stores of pork seller C.P. Vietnam fined $4,000 for food safety lapses Thu, 12 Jun 2025 10:20:37 +0700
Three stores belonging to Thai meat producer C.P. Vietnam have been fined a total of VND105 million (US$4,033) for violating food safety regulations.
Hanoi retail stores close as owners fear new tax, crackdown on fakes Wed, 11 Jun 2025 07:15:46 +0700
Retailers are shutting down in droves in Hanoi due to the e-commerce boom, higher taxes and the government’s crackdown on counterfeit goods.
Jetstar Asia closure: 4 key things travelers need to know Wed, 11 Jun 2025 20:22:05 +0700
The closure of Jetstar Asia on July 31 will affect at many flights between Asian destinations, but affected customers are eligible for a refund or a change of service.
Government seeks to bring down property prices to make housing more accessible Wed, 11 Jun 2025 17:14:44 +0700
The government has directed ministries and other agencies to pinpoint the causes of escalating property prices and propose measures to stabilize them.
Jetstar Asia’s 500 Singapore-based staff to get 4 weeks' salary per year of service as airline shuts down Wed, 11 Jun 2025 16:02:01 +0700
Over 500 Jetstar Asia staff set to lose their jobs due to the Singapore-based carrier’s closure will receive a redundancy payment of four weeks’ salary for each year they have worked there.
Dollar dips against dong Wed, 11 Jun 2025 14:54:02 +0700
The U.S. dollar weakened against the Vietnamese dong on Wednesday morning while holding firm against major peers.
Experts suggest use of AI to control chemical residues in durian Wed, 11 Jun 2025 11:19:25 +0700
Agricultural experts have suggested using AI to address the issue of chemical residues in Vietnamese durians to improve quality control and boost exports.
Ong Beng Seng, Singapore-based Malaysian F1 tycoon, to plead guilty in corruption case involving ex-minister Wed, 11 Jun 2025 11:19:10 +0700
Singapore-based Malaysian billionaire Ong Beng Seng, who is credited with bringing Formula One to Singapore, is scheduled to plead guilty on July 3 in a high-profile corruption case involving former transport minister S. Iswaran.
Gold prices rise as global rates gain Wed, 11 Jun 2025 11:18:42 +0700
Vietnam gold prices edged higher Wednesday morning as global bullion rates increased.
Qantas to close Singapore-based budget airline Jetstar Asia, citing Changi Airport fee hike Wed, 11 Jun 2025 10:15:45 +0700
Australian airline Qantas announced Wednesday it will shut down its loss-making budget carrier Jetstar Asia on July 31, citing rising operational costs, higher Changi Airport fees, and intense regional competition.
Over 4 tons of smuggled red dates seized in Hanoi Wed, 11 Jun 2025 07:04:10 +0700
Hanoi market authorities have seized from a vendor 4.3 tons of dried red dates of unknown origin, which raised concerns of potential health risks.
Malaysia’s fresh graduates earn less than $700, struggle to find skilled work Wed, 11 Jun 2025 07:00:03 +0700
Over 65% of fresh graduates in Malaysia start their careers earning less than RM3,000 (US$708) per month, barely enough to cover basic needs, according to a report.
'Rolex’ watch bought in Hong Kong breaks as soon as buyer lands in Hanoi Wed, 11 Jun 2025 06:49:05 +0700
A friend of mine bought a counterfeit Rolex watch in Hong Kong, but as soon as he landed in Hanoi for work, he noticed the hour hand had fallen off.
Which Malaysian city offered free durian to visitors this month? Wed, 11 Jun 2025 06:48:33 +0700
The Malaysian city, in June, hosted a durian competitionfeaturing local farmers, attracting around 1,000 visitors who were treated to complimentary tastings of premium durians.
Chicilon Media, NielsenIQ co-organize technology and electronics conference Wed, 11 Jun 2025 16:00:00 +0700
A conference jointly organized by Chicilon Media and NielsenIQ on June 5 brought together nearly 100 experts to explore market trends, consumer behavior, and media solutions in the technology and home appliance industry.
Prodezi taps into new FDI wave with sustainable industrial solutions Wed, 11 Jun 2025 10:00:00 +0700
Emerging as a model for eco-industrial development, Prodezi Industrial Park is positioning itself to accelerate green economic growth and become a strategic hub for global investors.
Terumo Vietnam, Sanofi-Aventis Vietnam partner to enhance interventional cardiology expertise Wed, 11 Jun 2025 08:00:00 +0700
Terumo Vietnam Medical Equipment (Terumo Vietnam) and Sanofi-Aventis Vietnam signed a two-year cooperation agreement to strengthen the capabilities of healthcare professionals (HCPs) in interventional cardiology.
Gold price reaches 2-week peak Tue, 10 Jun 2025 16:37:58 +0700
Vietnam gold price Tuesday afternoon rose to the highest since May 28.
Starbucks to lower prices in China as competition heats up Tue, 10 Jun 2025 15:58:42 +0700
Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the company announced on Monday, as competition intensifies and consumers become more cautious about spending.
EV maker VinFast’s revenue surges by nearly 150% in Q1 Tue, 10 Jun 2025 15:58:10 +0700
Vietnamese electric vehicle (EV) manufacturer VinFast's revenue soared by nearly 150% year-on-year to VND16.306 trillion (US$656.5 million) for the first quarter of 2025.
Dollar gains against dong on black market Tue, 10 Jun 2025 12:33:49 +0700
The U.S. dollar rose against the Vietnamese dong on the black market Tuesday morning.
Vietnam’s richest man Pham Nhat Vuong gifts automaker VinFast nearly $800M Tue, 10 Jun 2025 09:01:22 +0700
Billionaire Pham Nhat Vuong, chairman of private conglomerate Vingroup and Vietnam’s richest man, has gifted automaker VinFast VND20.5 trillion (US$790 million) between November and May.
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