Police have arrested the former director of one of Vietnam's largest banks as part of a widening probe into economic crimes that has spooked investors and added to doubts about the financial stability of a country once seen as an emerging Asian giant.
Vietnam's stock markets have lost nearly US$4.0 billion in value after two top bankers were arrested this week in a widening police probe into the banking sector, state media said Friday.
At least nine people were killed, thousands of homes damaged and swathes of farmland flooded as Typhoon Kai-Tak swept across northern Vietnam, authorities said Sunday.
Drowning in debt and hunted by his bookmaker, a Vietnamese man dug a cave beneath his kitchen and hid there for two months, showing the desperate lengths illegal gambling addicts will go to in the communist nation.
At least four people died as Typhoon Kai-Tak barrelled across northern Vietnam bringing high winds and floods to several areas including the capital Hanoi, reports said Saturday.
A Vietnamese blogger who posted online calls for democracy has been jailed for five years, official media said Saturday, the second Web dissident imprisoned this week in an ongoing crackdown on activists.
A Vietnamese airline has been fined for hosting a mid-flight dance by bikini-clad beauty pageant contestants without first gaining permission, state media said Thursday.1 Comment
Myanmar authorities warned Wednesday that it was facing a deepening drug crisis after seizing narcotics including more than 1.4 million amphetamine pills and 116 kilos of heroin in July.
Vietnam's president said his country would donate 5,000 tons of rice to flood-stricken North Korea, Vietnamese state media reported Tuesday.
Vietnamese authorities are investigating the mysterious deaths of two tourists from the United States and Canada who stayed in the same guesthouse, official media reported Monday.