China’s central bank on Tuesday cut a key policy interest rate, in a surprise move to boost the country’s flagging economy. The People’s Bank of China said it was lowering the seven-day reverse repo rate to 1.9% from 2.0%, the first such move since August last year. The seven-day reverse …
Read More »Hanoi students among top 10 global winners of Microsoft’s AI contest
Students at Amsterdam High School for the Gifted have made one of the 10 teams in the final round of Microsoft’s Imagine Cup Junior 2023. According to Microsoft Vietnam, the GOATS Vietnam team was named one of 10 global winners of the competition, which is held annually for students aged …
Read More »$25M anti-erosion embankments proposed for HCMC
Three anti-erosion embankment projects worth over VND600 billion (US$25.5 million) are being proposed for Ho Chi Minh City. The projects, by the Can Giuoc, Cho Dem and Saigon rivers, are part of 11 initiatives proposed by the Department of Transport and which will be presented before the municipal People’s Council …
Read More »Blackouts for 16,500 people after ship tears down power lines
A ship tore down four power lines across a river in the Mekong Delta’s Tien Giang Province, causing blackouts on Monday. The Truong An 125 vessel on the Tien River was approaching the Tan Phong-Hiep Duc Port at around 8 a.m. when it entangled itself with electric wires and fiber …
Read More »Foreigners identified as suspected vandals of HCMC metro train
Ho Chi Minh City police have identified a Belarus man and another foreigner as suspects who vandalized a metro line No. 1 train last month. Police came to the conclusion after inspecting the area where the train was parked at Long Binh Depot in Thu Duc City, and reviewing security …
Read More »18 more arrested for gun attacks on Central Highlands commune offices
Eighteen more people involved in the deadly attacks on two commune offices in Dak Lak Province were arrested on Monday and Tuesday, taking the number apprehended so far to 45. Ten of them were caught on Monday, six on Tuesday afternoon and two others turned themselves in. To An Xo, …
Read More »Residents in for months-long displacement as Philippine volcano spews lava, gases
At least 14,000 people evacuated from around a volcano spewing lava and noxious gases in the central Philippines may remain displaced from their homes for months, authorities warned on Tuesday. Incandescent lava was seen flowing slowly from the mouth of the 2,462-meter (8,077-foot) Mayon volcano, which was placed on a …
Read More »HCMC plans to have more urban green spaces
HCMC authorities have directed relevant agencies to review the use of land planned for public parks to have more urban green space from 2023 to 2025. According to the city’s Department of Construction, the city has around 369 public parks and parks of residential areas with a total area of …
Read More »Trump arrives in Florida to face charges, maintains lead in poll
Former President Donald Trump arrived in Miami on Monday to face federal criminal charges, while a new Reuters/Ipsos poll found a vast majority of his fellow Republicans believe the case to be politically motivated. Trump, the front-runner for the Republican nomination in the 2024 presidential election, is scheduled to be …
Read More »South Korea celebrates 10 years of K-pop megastars BTS
Fans of K-pop megastars BTS flocked to hot spots around Seoul on Monday to mark the supergroup’s 10-year anniversary, with South Korea unveiling a special commemorative stamp series to celebrate. The group’s fans – known collectively as Army – gathered outside the offices of its agency Hybe to take wefies …
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