Nguyen Quang Thieu Dismissed as President of Vietnam Writers' Association
Nguyen Quang Thieu has been dismissed from his position as President of the Vietnam Writers' Association. This decision was made during a recent meeting of the association's executive committee.
Techcombank Plans 50% Dividend Distribution and Capital Increase
Techcombank has announced plans to distribute a 50% dividend to shareholders and increase its charter capital to over 106 trillion VND, making it the largest private bank in Vietnam. This move is part of the bank's strategy to enhance its financial position.
Sun Group to Build World's Largest Silver-Plated Buddha Statue
Sun Group is set to construct the world's largest Buddha statue, measuring nearly 168 meters and crafted from silver-plated bronze, with the help of hundreds of Vietnamese artisans. This monumental project is part of the Am Tien Legend tourism complex in Thanh Hoa province.
Investing 90 Million VND for 6 Months at 9.2% Interest Rate
Cake by VPBank is offering a promotional savings interest rate of 9.2% per annum for first-time depositors who invest 90 million VND for a six-month term. This competitive rate is part of a broader trend in Vietnam's banking sector.
Minimum Wage Set to Increase by 7.8% in 2027
Vietnam's Ministry of Home Affairs has announced a proposed 7.8% increase in the minimum wage, set to take effect on January 1, 2027. This adjustment is based on recommendations from the National Wage Council and various economic factors.
New Driving License Regulations to Increase Difficulty for Applicants
The driving license examination process in Vietnam is set to become more challenging, with new regulations aimed at enhancing road safety. Candidates will need to navigate stricter requirements to obtain their licenses.
Amazon Increases Prices by Up to 60% on Devices
Amazon has announced significant price hikes on its Echo, Fire TV, and Kindle product lines, with increases reaching as high as 60%. This move reflects the company's strategy to adjust pricing in response to market conditions and production costs.
Typhoon No. 4 Changes Course, Brings Heavy Winds and Rain
Typhoon No. 4, also known as Narra, is currently a strong storm with winds reaching level 9 and gusts up to level 11. The storm is causing significant rainfall in northern Vietnam and is expected to change direction soon.
Bitcoin Surges Past $79,500: Key Factors Behind the Rise
Bitcoin has seen a significant price surge, surpassing $79,500 last Friday, marking its highest point in over three months. This 25% increase comes after a prolonged period of stagnation and is attributed to various supportive factors.
Vietnam's Private Sector Breaks Tax Contribution Record
For the first time, a private company in Vietnam has contributed over 100 trillion VND to the national budget in a single year. This milestone reflects the growing importance of the private sector in the country's economy.
Vietnam's National Assembly Concludes First Extraordinary Session
On August 24, 2026, Vietnam's National Assembly concluded its first extraordinary session after 17 days of deliberations. The session focused on legislative work and addressing urgent national issues, reflecting the government's commitment to sustainable growth.
USD Exchange Rate Stays Steady Amid Rising Euro and Yen
On August 24, 2026, the USD exchange rate remains unchanged while the Euro and Japanese Yen continue to rise. The State Bank of Vietnam maintains the central exchange rate at 25,600 VND per USD.