Vietnam's former State President Tran Duc Luong passes away
Tran Duc Luong, former Politburo member and former State President of Vietnam, passed away at 10:51 p.m. Tuesday, aged 88.
Tran Duc Luong, former Politburo member and former State President of Vietnam. Photo courtesy of Tuoi Tre (Youth) newspaper.
Luong, born on May 5, 1937, died at his private residence after a period of illness, the Specialized Council for Protection of Central-level Officials' Health announced.
Despite the dedicated treatment provided by the Party, the State, a team of professors and medical doctors, and the devoted care of his family, his advanced age and declining health ultimately led to his passing, Vietnam News Agency quoted the council as saying.
Details regarding the memorial, funeral, and burial ceremonies will be announced at a later time.
Born in the central province of Quang Ngai, Tran Duc Luong served as State President between September 1997 and June 2006, before his retirement.
On February 3, State President Luong Cuong bestowed Luong with a 65-year Party membership badge in recognition of his remarkable contributions to the Party and nation's revolutionary cause.
- Read More
Viconship leaders join board of directors at Vietnam’s largest container fleet operator Hai An
Hai An Transport and Stevedoring JSC's board of directors for the 2023-2028 term on Thursday received two new members - chairman Nguyen Xuan Dung and CEO Ta Cong Thong of Viconship, a leading seaport operator and service provider in Vietnam.
Companies - Fri, June 27, 2025 | 8:36 am GMT+7
Indonesia launches 1st health special economic zone in Bali
Indonesian President Prabowo Subianto on Wednesday emphasized that Sanur Health Special Economic Zone (SEZ) is a breakthrough, marking the first time the country has established an SEZ specializing in the health sector.
Southeast Asia - Fri, June 27, 2025 | 12:00 am GMT+7
Indonesia begins $6 bln EV battery project
Indonesia is scheduled to break ground on an integrated electric vehicle (EV) battery project in East Halmahera, North Maluku, on June 29, as part of efforts to realize its commitment to reducing greenhouse gas emissions and protecting the environment.
Southeast Asia - Thu, June 26, 2025 | 11:57 pm GMT+7
Indonesia seeks cooperation in oil & gas, nuclear energy with Russia
Indonesia is seeking to strengthen energy cooperation with Russia and accelerate its nuclear energy development plan as part of a long-term energy security strategy amidst rising geopolitical tensions.
Southeast Asia - Thu, June 26, 2025 | 11:54 pm GMT+7
Vietnam’s Eximbank moves headquarters to Hanoi
The State Bank of Vietnam (SBV), the country's central bank, on Tuesday okayed Eximbank's (HoSE: EIB) plan to move its headquarters from Ho Chi Minh City to Hanoi.
Banking - Thu, June 26, 2025 | 10:00 pm GMT+7
KFC dominates F&B brand rankings in Vietnam for 3rd running year
American fast food chain KFC, for third year in a row, has won the top spot in the Best F&B Rankings 2025 compiled by market research company Decision Lab.
Companies - Thu, June 26, 2025 | 6:22 pm GMT+7
Vietnamese consumers spend $16 bln on online platforms in 2024: report
Vietnam’s total gross merchandise value (GMV) on four major e-commerce platforms - Shopee, Lazada, TikTok Shop, and Tiki - reached $16 billion in 2024, a 15.9% increase compared to 2023.
Economy - Thu, June 26, 2025 | 5:11 pm GMT+7
Greenity consortium wins bid for $57.43 mln waste-to-energy plant in central Vietnam
A Hanoi-based energy consortium named Greenity has won a bid to develop the Long My domestic solid waste treatment plant project using waste-to-energy technology in the south-central province of Binh Dinh.
Companies - Thu, June 26, 2025 | 4:54 pm GMT+7
Vietnam Airlines plans launch of cargo carrier next year, fleet expansion
National flag carrier Vietnam Airlines (HoSE: HVN) plans to launch a dedicated cargo airline in 2026, using its existing Airbus A321 fleet, general director Le Hong Ha announced at the company’s 2025 AGM held on Wednesday.
Companies - Thu, June 26, 2025 | 4:43 pm GMT+7
Prison sentence reduced by 14 years for former FLC chairman Trinh Van Quyet
Trinh Van Quyet, former chairman of FLC Group, has seen his prison sentence decreased from 21 years to 7 years for "fraudulent appropriation of property", while receiving a fine of VND4 billion ($153,000) for "stock market manipulation".
Economy - Thu, June 26, 2025 | 2:51 pm GMT+7
Insights into Vietnam's decision on implementation plan for revised PDP VIII
The Ministry of Industry and Trade's Decision 1509/QD-BCT is a comprehensive roadmap detailing, among others, prioritized projects, key national power source initiatives, specific timelines for notable energy projects, and responsibilities of competent authorities in relation to the energy sector, write senior partner Anh Dang and associate Linh Dao at Vilaf law firm.
Energy - Thu, June 26, 2025 | 12:43 pm GMT+7
US tariffs the preeminent concern of AmCham members in Vietnam
The most pressing concern of AmCham Vietnam's members across all sectors was the potential impact of U.S. tariffs, according to a mid-year survey by the chamber.
Economy - Thu, June 26, 2025 | 8:00 am GMT+7
Siemens wants to join high-speed railway development in Vietnam: exec
German technology giant Siemens AG wants to participate in infrastructure development projects in Vietnam, especially high-speed railways.
Economy - Wed, June 25, 2025 | 10:36 pm GMT+7
Vietnam government seeks parliament okay for private investors to develop North-South high-speed railway
The Vietnamese government on Wednesday proposed the National Assembly, the country's legislature, allow additional investment modes for the gigantic North-South high-speed railway project, apart from public investment.
Economy - Wed, June 25, 2025 | 9:21 pm GMT+7
Vietnam’s property developer Danh Khoi renamed, expands into agriculture, healthcare
Vietnam’s property developer Danh Khoi Group JSC (HNX: NRC) has changed its name to NRC Group JSC, as announced at its 2025 AGM on Tuesday.
Companies - Wed, June 25, 2025 | 4:39 pm GMT+7
Prime Minister invites Bank of China to join Vietnam's international financial center
Prime Minister Pham Minh Chinh has asked Bank of China (BOC) to join Vietnam's international financial center that will take shape in the future.
Economy - Wed, June 25, 2025 | 4:02 pm GMT+7
