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HCMC faces gasoline shortage

HCMC faces gasoline shortage

Some gasoline stations in HCM City have reported fuel shortages and even shut down partially. Nguyen Thi Kim Ngoc, deputy director of the city Department of Industry and Trade, told reporters Thursday three other gas stations have shut down for repairs. Gasoline distributors have not supplied enough stocks to some …

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VN-Index plunges 44 points

Vietnam’s benchmark VN-Index plunged 4.04% to 1,031 points Friday morning as most blue chips were close to hitting the floor amid a bearish market. The index was falling 44 points as of 11.17 a.m. after plunging by 28 points Thursday. VN-Index is now at the lowest since January 28 last …

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Samsung, SK Hynix to be spared brunt of China chip crackdown by US

Samsung, SK Hynix to be spared brunt of China chip crackdown by US

The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed at thwarting Beijing’s technological ambitions and blocking its military advances, sources said. The Commerce Department, which plans to release new curbs on exports of technology to China this …

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