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U.S. magazine Travel+Leisure has named Phu Quoc Island in a list of 23 best destinations to visit this year, calling it “one of the new stars of Vietnam’s tourism.” “Vietnam’s largest island Phu Quoc is an enchanting place of white sand beaches, emerald forests dotted with waterfalls, rock pools and …

A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up to 7%, but the losses could reach 8-12% in some countries, if technology is also decoupled, the International Monetary Fund said in a new staff report. The IMF said even …

Financiers at the centre of a $200 billion industry underpinning airline fleets are meeting in Dublin this week, gambling that China’s decision to free travel will accelerate their recovery from a pandemic downturn, while warning of a shortage of jets. Three years after the spread of Covid-19 grounded thousands of …