Keywords: Vietnam


Vietnam moves into the space sector with SpaceX satellite launch partnership

Vietnam is taking another step toward developing its domestic space industry after VinSpace, a subsidiary of Vietnamese conglomerate Vingroup, announced a partnership with SpaceX to launch satellites into orbit in 2027. Under the agreement, SpaceX is expected to provide launch services for satellites......

Vietnam plans 30% tax cut for small businesses to boost economic growth

Vietnamese authorities are preparing a tax relief package aimed at small businesses, individual entrepreneurs and household enterprises as part of broader efforts to stimulate private-sector activity and sustain economic growth. Under the proposed measure, taxes would be reduced by 30% during 2026 and......

Seventeen missing as Vietnamese cargo ship sinks in South China Sea amid severe weather

Vietnamese rescue teams continued intensive search operations on Sunday to locate seventeen people still missing following the sinking of a cargo vessel carrying 62 crew members in the South China Sea after encountering severe storm conditions. According to the Vietnamese Ministry of Foreign Affairs,......

Blackstone, CVC and MUFG compete for stake in Vietnam’s MoMo as fintech sale gains momentum

Global investment firms including Blackstone Inc., CVC Capital Partners, and Mitsubishi UFJ Financial Group are among bidders competing for a stake in Vietnamese fintech company MoMo, according to people familiar with the process. The potential deal highlights continued strong investor appetite for......

Asian airlines slash flights from April as jet‑fuel crisis bites

Asian airlines are cutting flights heavily from April 2026 as a spike in jet‑fuel prices pushes the region toward what analysts are calling the worst aviation crisis since the pandemic. The war between the United States, Israel and Iran, along with disruptions to oil flows through the Strait of Hormuz,......

Severe floods devastate central Vietnam, exposing climate risks

Heavy rainfall has led to unprecedented flooding across central Vietnam, resulting in at least 41 deaths and widespread destruction of homes, infrastructure, and farmland. Entire city blocks in key coastal areas, including Nha Trang and Quy Nhon, have been submerged, forcing residents to take refuge......

Vietnam floods leave 35 dead as torrential rains batter central provinces

At least 35 people have died and five others remain missing after record rainfall and severe flooding swept through central Vietnam this week, authorities said on Sunday. According to the Vietnam Disaster and Dike Management Authority (VDDMA), the victims were reported in the provinces of Hue, Da Nang,......

Historic Downpour: Vietnam hit by more than one meter of rain in 24 hours

Vietnam has recorded more than one meter of rain within just 24 hours — the highest level ever measured in the country’s history, according to the Ministry of Environment on Tuesday. The torrential downpour, concentrated in the central city of Hue, surpassed the previous national record of......

Typhoon Bualoi leaves 35 dead in Vietnam and the Philippines

The death toll from Typhoon Bualoi has risen sharply as authorities in Vietnam and the Philippines assess the damage left in its wake. On Monday, officials confirmed at least 11 fatalities in Vietnam and 24 in the Philippines, where the storm first made landfall late last week. Bualoi......