World

Prime Minister Pham Minh Chinh requested Samsung to manufacture chips in Vietnam starting 2023 after it inaugurated a $220 million R&D Center in Hanoi, its largest in Southeast Asia. Chinh said he hoped that Samsung would “prepare necessary requirements to manufacture ball grid array products as a trial, aiming towards …

Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users’ personal information. The proposed settlement, which was disclosed in a court filing late on Thursday, would resolve a long-running …

Twelve illegal Chinese citizens found in HCMC have been deported after it was discovered that they’d been abandoned after having been tricked into coming to Vietnam for work. The Immigration Department of the HCMC Police said Thursday that the 12 Chinese who had been detained would be handed over to …

Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users’ personal information. The proposed settlement, which was disclosed in a court filing late on Thursday, would resolve a long-running …

Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes were broadening and could keep the central bank under pressure to whittle down massive stimulus. Months before Tuesday’s surprise tweak to its yield control policy, …

Nine of the 11 elevated stations on HCMC’s 1st metro line will be connected with pedestrian overpasses and have parking lots in the vicinity. All the elevated stations are in Binh Thanh District and Thu Duc City. Parking lots with capacity of 500 motorbikes each will also be built nearby …

Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at all as deal making sputters and economic gloom sets takes hold. Financiers face disappointment when their compensation awards land in the first quarter, and thousands …

HCMC companies are set to pay average Tet bonuses this year of VND13 million (US$550.73), 45% higher than last year, the labor department said. After a survey of over 1,000 businesses and 220,000 workers the Department of Labor, Invalids and Social Affairs said Thursday that last year the bonus had …

Twitter Inc’s public policy chief has left the company amid additional layoffs to the unit on Thursday, sources familiar with the matter told Reuters, as billionaire owner Elon Musk continues to slash costs. Sinead McSweeney, global vice president for public policy, has left Twitter, according to two sources. McSweeney’s departure …

Police in the central Ha Tinh Province have arrested a man for using a phone while driving and fatally hitting a cyclist. Nguyen Van Khai, 25, of the northern Phu Tho Province, who faces charges of “violating road traffic laws,” was driving on National Highway 1 in Ha Tinh’s Cam …