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“Shareholder Meeting of SCID: Application Filed to Annul VIAC Ruling on An Phu and...

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"At the annual general meeting held on May 16, 2025, the management of Saigon Co.op Investment and Development Joint Stock Company (SCID) provided insights into their strategic direction amidst the ongoing global trade tensions. This meeting also addressed the company's response to the legal proceedings initiated by Novaland regarding the An Phu project."

The Ocean Freight Industry: A Slow Start to Q1

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The maritime transport industry witnessed a mixed performance in 2025, following two positive quarters in the latter half of 2024. While total revenues experienced a slight uptick, profits for many businesses took a hit due to extended Lunar New Year holidays, a weakened international market, and elevated repair and depreciation costs.

“Vietnam and Thailand Elevate Ties to Strategic Partnership Level”

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On May 16, following the co-chairmanship of the 4th meeting of the Vietnam - Thailand Joint Cabinet, Prime Minister Pham Minh Chinh and his Thai counterpart, Prime Minister Paetongtarn Shinawatra, held a joint press conference. They announced that the two countries have officially elevated their relationship to a "Strategic Partnership."