Biden’s last UNGA speech comes as wars rage in Middle East, Ukraine

Biden’s last UNGA speech comes as wars rage in Middle East, Ukraine

U.S. President Joe Biden addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023.  Brendan Mcdermid | Reuters President Joe Biden will attempt to square the diplomatic achievements and goals of his presidency with the grim reality of wars in the Middle East, Ukraine and Sudan during a … Read more

River floods Vietnam’s capital of Hanoi as Typhoon Yagi leaves 179 dead

River floods Vietnam’s capital of Hanoi as Typhoon Yagi leaves 179 dead

Vietnam’s capital of Hanoi has evacuated thousands of people living near the swollen Red River as its waters rose to a 20-year high, flooding streets days after Typhoon Yagi battered the country’s north, killing at least 179 people. Asia’s most powerful typhoon of 2024, Yagi brought gales and heavy rain as it moved westwards after … Read more

Typhoon Yagi hits Vietnam, kills at least 4 and injures dozens – National

Typhoon Yagi hits Vietnam, kills at least 4 and injures dozens – National

Vietnamese authorities say Typhoon Yagi has killed at least four people and injured 78 others after making landfall Saturday afternoon in the north of the country. Yagi, described by Vietnamese meteorological officials as “one of the most powerful typhoons in the region over the past decade,” made its way to the Southeast Asian country after … Read more

The world’s largest steel industry is going through a ‘winter’ amid a supply glut and weak demand

The world’s largest steel industry is going through a ‘winter’ amid a supply glut and weak demand

Workers process seamless steel pipes at a production line in Huai ‘an, Jiangsu province, China, Oct 20, 2022. CFOTO | Future Publishing | Getty Images China’s steel industry has been struggling as the country’s property sector remains in the doldrums and is unable to absorb excess capacity, industry watchers told CNBC. “Chinese demand has been … Read more

India major gainer of China+1, exports to soar to $835 billion by 2030: Nomura

India major gainer of China+1, exports to soar to 5 billion by 2030: Nomura

New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. India’s exports will likely surge to $835 billion by 2030 from $431 billion in 2023 with its large domestic market helping attract firms looking for … Read more

Vietnam National Assembly head resigns amid graft purge

Vietnam National Assembly head resigns amid graft purge

The head of Vietnam’s National Assembly has resigned, the ruling Communist Party said Friday, one of the most senior leaders to fall in a sweeping anti-corruption purge.Vuong Dinh Hue asked to step down because of “violations and shortcomings”, the party said in a statement on its website.Thousands of people, including top officials and senior business … Read more

Inflation, high costs had biggest impact on Asian firms in 2023: UOB

Inflation, high costs had biggest impact on Asian firms in 2023: UOB

Customers work a cafe and a co-working space in Hanoi, Vietnam, on Thursday, July 20, 2023.  Bloomberg | Bloomberg | Getty Images Higher costs had the biggest impact on Asian businesses in 2023, even as they continued to grapple with a global economic slowdown and rising borrowing costs, according to a survey by UOB.  More … Read more

Apple CEO Tim Cook visits Vietnam

Apple CEO Tim Cook visits Vietnam

Apple CEO Tim Cook arrived in Hanoi, Vietnam, on Monday as the U.S. tech giant looks to boost sales in new markets. Cook will meet with Apple users, developers and content creators during the two-day visit, local media reported. The CEO posted pictures on X on Monday in Hanoi with musicians. He drank an egg … Read more

Vietnam tycoon receives death sentence in fraud case – National

Vietnam tycoon receives death sentence in fraud case – National

A court in Vietnam handed the death sentence on Thursday to real estate tycoon Truong My Lan for her role in a 304-trillion-dong (US$12.5-billion) financial fraud, the country’s biggest on record, state media said. Her trial, begun on March 5 and ending earlier than planned, was one dramatic result of a campaign against corruption that … Read more