VnExpress News The News Gateway of Vietnam

A container truck careened over a road barrier in Cu Chi District before barreling into three houses early Wednesday. The truck driver, whose identity has yet to be revealed by authorities, was carrying a 40-foot container on a provincial road in Ho Chi Minh City-adjacent Cu Chi when the accident …

Vietnam’s major manufacturers have raised steel prices to a 7-month high despite plunging demand. On Tuesday, Hoa Phat Group hiked its prices for rebar steel by 0.95% to VND15.99 million ($678.55) per ton. Local steelmakers Viet Y, Viet Duc, Kyoei and Viet My all made similar adjustments, while Pomina’s price …

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks. Fed Chair Jerome Powell sought to reassure investors about the soundness of the …