Friday , March 29 2024

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China’s Jan-Sept industrial profits fall at faster pace

China's Jan-Sept industrial profits fall at faster pace

Profits at China’s industrial firms fell at a faster clip in the January-September period as Covid-19 curbs and a worsening property crisis continued to weigh heavily on factory activity. Profits fell 2.3% in the first nine months of 2022 from a year earlier, after a 2.1% drop in the January-August …

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NA members call for changing law to add birthplace to passports

Lawmakers have called for amending the Law on Exit and Entry to make birthplaces mandatory in passports at the ongoing session of the National Assembly. The law does not require place of birth and this affects foreign relations and tourism, they said. Several countries like Germany, Spain, the Czech Republic, …

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Vietnam at risk of drawing low-quality foreign investment

Vietnam at risk of drawing low-quality foreign investment

Vietnam is at risk of becoming a destination for low-quality foreign projects, the Vietnam Institute for Economic and Policy Research has warned. Foreign investors are now becoming conservative, and so countries with low levels of skilled labor, technological and financial capacity and infrastructure quality like Vietnam could attract projects that …

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