As Vietnamese are worried about their savings at commercial banks following the arrest of Van Thinh Phat Holdings Group Corporation chairwoman Truong My Lan who is suspected of having connection with the Saigon Commercial Joint Stock Bank (SCB), the central bank has reaffirmed that all their savings are protected.

HCMC had seen 54 gas stations suspending operations by Sunday night, October 9, due to fuel supply shortfalls, according to a report by the HCMC market surveillance agency.

The Hochiminh Stock Exchange started this week in bearish mood as the VN-Index hit its 20-month low at below 1,100 points on strong sell-off force on October 3, leading to downbeat investor sentiment.

The Ministry of Transport has written to the prime minister proposing upgrading and expanding six airports under the public-private partnership (PPP) format.

The Mekong Delta province of Kien Giang has suggested that the Ministry of Finance extend the pilot scheme that allow Vietnamese people to enter casinos on Phu Quoc Island until January 7, 2025.

Vietnam’s tourism industry has generated VND394.2 trillion in revenue in the year through September, equivalent to 78% of the same period of 2019 when the pre-Covid tourism sector was at its best, the Vietnam National Administration of Tourism (VNAT) reported.

Prices of Vietnamese rice surged in the global and domestic markets after India announced restrictions on broken rice exports and a 20% duty on exports of various other types.

HCMC confirmed its first monkeypox case today and reported it to the Health Ministry, said the HCMC Health Department at a briefing about the epidemic situation and key activities of the fourth quarter of 2022.

Work on the Nguyen Van Linh-Nguyen Huu Tho underpass project in District 7, HCMC has been temporarily suspended.

Super Typhoon Noru, one of the four strongest storms in 20 years, made landfall in the central region of Vietnam at daybreak on Wednesday, September 28, toppling trees, damaging houses and construction works, blowing away roofs and causing flooding.