50 ‘road monsters’ arrested after blocking highway for motorbike racing
Tien Giang traffic police arrested Sunday a group of 50 men and women who blocked a section of National Highway No.50 to organize an illegal motorbike race.
National Highway No.50 connects the Mekong Delta province to Ho Chi Minh City via Long An province. The blocked section stretched from Binh Dong ward to My Loi Bridge, both in Tien Giang.
Policemen swooped down on the racing scene at 3:30 a.m, September 4, 2022. Photo courtesy of the police.
The police force seized 34 motorbikes of different kinds from Long An, Tien Giang and Ho Chi Minh City. Many of the seized vehicles were "tiger motorbikes" with powerful engines that can change their structure and shape for racing and towing.
Dozens of policemen swooped down on the racing scene at 3:30 a.m. Sunday as more than 50 men and women blocked the road and raced noisily in the dark night. They arrested 25 people as other "road monsters" abandoned their vehicles and ran into small alleys to escape.
The detainees told police that they had set up a closed group on social media to meet and race at dawn because they thought that "the police force would be busy regulating traffic during the national holiday".
The country is enjoying a four-day holiday on the occasion of the National Day, September 2.
The racers even assigned a person to stand guard in front of the police headquarters near the track so that he could alert the group if the police set out on patrol.
Illegal motorbike racing remains a problem for several localities in the country, disturbing social order and resulting in accidents, affecting even the police deployed to stop such events.
- Read More
VinFast's catalytic role in developing economic linkages, supporting industries in Vietnam
The emergence of VinFast has been widely regarded by experts as a significant turning point. The importance lies not merely in the addition of another automaker, but in a fundamentally different approach to industry development, writes Le Khac Hiep, vice chairman of Vingroup under which VinFast is an electric vehicle arm.
Economy - Wed, April 15, 2026 | 9:50 pm GMT+7
Vingroup-backed VinSpace targets first satellite launch in 2027
VinSpace, an aerospace venture founded by Vietnamese billionaire Pham Nhat Vuong, aims to manufacture and launch its first microsatellite into orbit by 2027, marking Vietnam’s latest push into the commercial space industry.
Companies - Wed, April 15, 2026 | 4:39 pm GMT+7
Saigontel eyes record revenue, accelerates LNG, data center development in 2026
SaiGon Telecommunication & Technologies Corporation (Saigontel) targeting record revenue in 2026 while accelerating a strategic shift into energy and digital infrastructure, backed by a planned rights issue to fund large-scale LNG and data center projects.
Companies - Wed, April 15, 2026 | 3:37 pm GMT+7
Vietnam, China pledge to elevate bilateral relations in new phase
Vietnam's Party General Secretary and State President To Lam and China's Party General Secretary and President Xi Jinping have agreed to continue deepening and elevating bilateral relations in the new era, contributing to peace, cooperation and development in the region and the world.
Politics - Wed, April 15, 2026 | 3:37 pm GMT+7
Vietnam's Vosco plans $104 mln tanker building in S Korea as part of long-term fleet expansion
Vietnam Ocean Shipping JSC (Vosco) plans to invest up to $104 million to build two new medium-range (MR) tankers, as the state-controlled firm accelerates fleet renewal despite weaker earnings and cash flow pressures.
Companies - Wed, April 15, 2026 | 2:39 pm GMT+7
From property broker to developer: Is Khai Hoan Land Group ready?
Khai Hoan Land Group (HoSE: KHG) has set relatively ambitious targets for 2026, aiming for net revenue of VND1.25 trillion ($47.48 million) and net profit of VND123 billion ($4.67 million), roughly doubling year-on-year, as it seeks to transition from a brokerage-focused model to a property developer.
Real Estate - Wed, April 15, 2026 | 1:27 pm GMT+7
Novaland says revenue, profit inflection point to come from 2027
Major Vietnamese developer Novaland said it expects a meaningful pickup in revenue and profit from 2027, as 2026 will only see limited recognition despite the resumption of sales.
Companies - Wed, April 15, 2026 | 8:17 am GMT+7
Vietnam's central bank to continue easing bias on interest rates
State Bank of Vietnam said it will continue steering interest rates lower to support economic growth, while maintaining a careful balance with inflation control.
Banking - Tue, April 14, 2026 | 9:16 pm GMT+7
Vinhomes targets record $1.9 bln profit, bets on transit-oriented development strategy
Vinhomes, a subsidiary of conglomerate Vingroup (HoSE: VIC), has outlined a record-breaking 2026 business plan, targeting net profit of VND50 trillion ($1.9 billion), up 18.7% year-on-year, as Vietnam’s largest listed developer positions for a selective recovery in the property market.
Companies - Tue, April 14, 2026 | 4:55 pm GMT+7
Hanoi eyes mega underground reservoir system to tackle flooding
Hanoi is planning an ambitious underground infrastructure network, including a massive “super reservoir” system, as part of a 100-year urban development vision aimed at tackling chronic flooding.
Infrastructure - Tue, April 14, 2026 | 4:33 pm GMT+7
Shipping behemoth MSC selected as major investor for mega port project in southern Vietnam
Authorities in Ho Chi Minh City have approved a consortium consisting of Vietnam Maritime Corporation (VIMC), Saigon Port, and Terminal Investment Limited Holding S.A. as the investor for the $4.98 billion Can Gio international transshipment port project.
Infrastructure - Tue, April 14, 2026 | 2:27 pm GMT+7
GG Power launches internationally standard energy storage battery plant
GG Power, a wholly Vietnamese-owned firm, has debuted a battery energy storage system (BESS) manufacturing plant in Hung Yen province, marking a milestone in the country’s push into high-tech energy industries.
Industries - Tue, April 14, 2026 | 11:47 am GMT+7
Firms need legal clarity, non-criminalization of business risks to invest boldly: lawyer
Businesses will only commit to large-scale investments and long-term strategies when the legal framework is transparent and consistent, without mechanical criminalization of business risks, said a lawyer at Baker & McKenzie.
Economy - Tue, April 14, 2026 | 8:58 am GMT+7
Generational transition must strengthen, not just transfer, leadership: SHB bank vice chairman
Do Quang Vinh, vice chairman of Vietnamese private bank SHB, said generational transition in Vietnamese companies should focus on strengthening capabilities rather than simply transferring authority, as firms enter a new phase of development.
Companies - Mon, April 13, 2026 | 10:33 pm GMT+7
Vietnam’s textile giant Vinatex posts 31% profit jump in Q1, braces for potential trade risks
Vietnam National Textile and Garment Group (UPCoM: VGT) reported Q1 profit rising 31% year-on-year, as improved yarn margins and stable garment orders helped offset a volatile global backdrop.
Companies - Mon, April 13, 2026 | 5:07 pm GMT+7
Private sector – 'one most important growth driver': legislator
After 40 years of Doi moi (reform), Vietnam's private sector has surged to become "one most important growth driver", helping build a more autonomous, self-reliant and resilient economy, says Phan Duc Hieu, a member of the National Assembly's Economic and Financial Committee.
Economy - Mon, April 13, 2026 | 4:37 pm GMT+7






















