Thousands of Vietnamese lament life savings lost in nation’s largest financial scam
For many years, Kim Lien, a food stallholder in Ho Chi Minh City, served countless bowls of tofu soup and was able to squirrel away US$25,000 of her earnings.
Asian news from Vietnam
Thailand's Bitkub aims for ASEAN expansion with 2025 listing
BANGKOK -- The founder of Thailand's leading cryptocurrency exchange says its anticipated initial public offering would fuel simultaneous expansions into Southeast Asia's developing nations, with the goal of creating a regional champion to compete with the likes of Coinbase and Binance.
South Korea men's soccer team falls to Indonesia, misses Paris Olympics
DOHA, Qatar (AP) -- South Korea will miss the men's soccer tournament at the Olympics for the first time since 1984 after losing a penalty shootout to Indonesia at the Under-23 Asian Cup quarterfinals on Thursday.
India 'confident' new EV policy measures will allow more foreign players to enter market
India is confident that its new electric vehicle policy measures will open up the market to more global players, said the country's secretary of the Department of Promotion of Industry and Internal Trade.
Vietnam's Masan Group weighs IPO for consumer unit
HO CHI MINH CITY -- Vietnamese conglomerate Masan Group said Thursday that an initial public offering is a possibility for its consumer arm, in what could be the country's largest-ever stock market debut.
NATO starts deploying troops as Russia races to win
NATO is starting to deploy combat troops to Ukraine. Soldiers from Poland, France, the UK, Finland and other NATO members are arriving in larger numbers.
Inflation, operating costs had the biggest impact on Asian firms last year, survey shows
Higher costs had the biggest impact on Asian businesses in 2023, even as they continued to grapple with a global economic slowdown and rising borrowing costs, according to a survey by UOB.
Massive fraud case exposes Vietnam’s corrupt bank system
The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption.