World

Factory workers are in dire need of low-cost housing, but businesses say it can take as long as many years to get permission to build them. Bui Thi Be Loan, 34, has been working for Freetrend Industrial A Co., Ltd in the Linh Trung Industrial Park in HCMC’s Thu Duc …

Despite “rapid political developments” in the U.K., there will be consistency in the policy to bolster cooperation with Vietnam, says British ambassador Iain Frew. Rishi Sunak became Britain’s third prime minister on two months on Tuesday after becoming the new leader of the Conservative Party. While there obviously have been …

Given Vietnam’s rapid aging rate, young people need to prepare early for a healthy aging process, said Naomi Kitahara, United Nations Population Fund (UNFPA) representative in Vietnam. According to the General Statistics Office of Vietnam, the population aged 65 and above is forecast to exceed 15% of the total population …

The first phase of the Vinh Thanh industrial complex in the Mekong Delta’s Can Tho City would cost VND3.7 trillion ($148.85 million) and begin construction next year, authorities said. Investment certificates for the project, spanning 900 ha, have been handed to the representatives of investors by the Can Tho People’s …

Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid to reduce the risk of consumer harm from the volatility of the industry. The measures published in two consultation papers on Wednesday include not allowing businesses to lend out cryptocurrencies owned …

Asian shares rose on Wednesday on hopes that the pace of global interest rate hikes will soon start to slow, even as disappointing results from tech giants Alphabet and Microsoft stoked fears of a looming recession. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.89% higher, led by a …

The Ministry of Transport wants a long-delayed transport project comprising roads and bridges that will link the Mekong provinces of Tra Vinh and Soc Trang revived next quarter. The major work, first started in 2015, involves the construction of five intersections and seven bridges over 15.1 km along National Highway …

Spotify Technology SA on Tuesday said third-quarter profit margins were squeezed by slow advertising growth, fanning concerns about the weak global economy’s effect on digital advertising. Spotify shares slid 4% in after-hours trading, stung by sector-wide weakness after Google parent Alphabet Inc missed market estimates for quarterly revenue as advertisers …

Australia and New Zealand Banking Group was fined A$25 million ($16 million) for failing to provide agreed benefits to customers with offset transaction accounts under its ‘Breakfree’ package, Australia’s market regulator said on Wednesday. The Australian Securities and Investments Commission (ASIC) said the federal court realised the country’s fourth-largest lender …

Adidas AG terminated its partnership with rapper and fashion designer Ye on Tuesday after he made a series of antisemitic remarks, a move that knocked the musician off the Forbes list of the world’s billionaires. Adidas put the tie-up, which has produced several hot-selling Yeezy branded sneakers, under review this …