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HANOI - Vietnam real estate tycoon Truong My Lan, sentenced to death in the country's largest-ever financial fraud case, had illegally transferred money abroad, according to police, with state media on Thursday (June 6) reporting US$4.5 billion (S$6 billion) had been moved.
Though police general To Lam, who was sworn in as president on May 22, previously sought Beijing’s advice on shoring up domestic security, foreign-policy experts believe Hanoi will stay the course in its dealings with its powerful northern neighbour.
HANOI -- Masan Group will sell German tungsten producer H.C. Starck Holding to Japan's Mitsubishi Materials, the Vietnamese conglomerate said Thursday, shedding a noncore business as it concentrates on its consumer operations.
DALIAN, China/HANOI -- Top Vietnamese tech companies FPT and CMC have established major new locations in China and South Korea, respectively, vying for talent there to better serve corporate clients in East Asia.
TOKYO -- A Japanese couple has spent the past decade building a chain of restaurants in Southeast Asia, but Yosuke Masuko and Sanae Takasugi did not succeed with sushi, ramen or tempura; their specialty is pizza.
A fire ripped through a flat complex in central Hanoi early on Friday, killing 14 people and injuring three others, police said.
The report last week by a Chinese think tank found Vietnam had reclaimed more land in the region over the past three years than in the previous four decades, warning such activity could “complicate and expand” disputes in the waters.
HANOI — Vietnam's parliament elected police minister To Lam as the state president on Wednesday (May 22), in a move analysts see as a "stepping stone" for Lam to bid later for the position of chief of the ruling Communist Party, the country's top job.