Vietnam

Amid the global crackdown on social media giants like Meta Inc-owned (NASDAQ: FB) Facebook, Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) YouTube, and Twitter Inc (NYSE: TWTR), Vietnam plans to bring in a law that requires social media firms to take down content it deems illegal within 24...

Vietnam is researching cryptocurrencies and their impact as it prepares to build a legal framework that could integrate digital assets such as Bitcoin (CRYPTO: BTC) into its digital economy. What Happened: Vietnam’s Deputy Prime Minister Le Minh Khai ordered the country’s...

This article was originally published on The Fresh Toast and appears here with permission. The relationship between the U.S. military and weed seemed to diminish completely with the prohibition of marijuana in America. But this all changed during the Vietnam War. The United States Armed Forces and...

Michael Lohscheller has stepped down from his post as the CEO of Vietnamese automaker VinFast Global just months after joining the company. What Happened: The move comes as VinFast looks to realize a key U.S. expansion plan. Lohscheller, who joined VinFast in July, revealed his exit in a post...

Despite Vietnam's benchmark VN Index being the top performer in all of Southeast Asia, foreign investors have been dumping Vietnamese stocks to chase gains in Bitcoin (CRYPTO: BTC) and Tesla Inc (NASDAQ: TSLA). What Happened: Foreign investors, particularly retail investors from Korea, shed...

Vietnamese automaker VinFast plans to start accepting pre-bookings for its upcoming VF e35 and VF e36 electric sport utility vehicles in the first half of next year, Reuters reported on Thursday, citing the company’s CEO Michael Lohscheller. What Happened: VinFast expects to begin delivering...

The drivers for the adoption of cryptocurrencies like Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and Ethereum (CRYPTO: ETH) in India and Vietnam — two countries among those with the highest grassroots adoption —  are significantly different, as per a report from...

General Electric Co (NYSE: GE) and Vietnam’s leisure airline Bamboo Airways are set to sign a $2 billion deal on Tuesday, Reuters reported citing the airline. What Happened: As part of the deal, the Vietnamese airline would buy GEnx engines to power the Boeing Co’s (NYSE: BA)...

Big apparel and footwear merchants are increasingly trying to switch from ocean to air transport to make up for huge production slowdowns in Vietnam due to COVID and ensure seasonal imports arrive on time for holiday shoppers. Airfreight rates from the country are rapidly escalating because of the...

Add another log to the fire that is choking global supply chains. Strict lockdown measures to suppress Vietnam's worst outbreak of COVID infections since the pandemic began are severely curtailing factory production, especially for electronics, footwear, apparel and textiles, and ocean terminals...

Education is the utmost crucial place when all credentials must be authentic and unaltered. Failing to ensure this will mean that unqualified individuals can unfairly gain access to opportunities and the credibility of educational institutions can be compromised. The solution to this is a record-...

Intel Corporation's (NASDAQ: INTC) is launching a fresh round of investment in its Vietnamese unit. This comes soon after incoming CEO Pat Gelsinger revealed the company's intention to rely big on internal manufacturing for its product line-up leading up to 2023. What Happened:...

Facebook Inc’s (NASDAQ: FB) operations in Vietnam face a shut down unless the social networking company complies with enhanced censorship requirements, Reuters reported Thursday.  What Happened: An official of the Mark Zuckerberg-led company said the Vietnamese government told the...

Netflix Inc (NASDAQ: NFLX) and Apple Inc (NASDAQ: AAPL) are under fire in Vietnam for allegedly failing to pay taxes, Reuters reported Wednesday (Hanoi Time). What Happened: Vietnam’s information and communication ministry said the companies have combined revenue of $43.15 million from nearly...

Starbucks Corporation (NASDAQ: SBUX) has plans to open a store in Laos this summer, the Associated Press reported Monday (Bangkok Time). What Happened: The store in the Laotian capital Vientiane would be operated by a local subsidiary of Hong Kong-based Maxim’s Caterers Ltd. “We...