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The State Bank of Vietnam (SBV) will provide more credit quotas to “healthy banks” as many lenders have met their loan limits. By the end of August, credit growth had reached 9.91%, much higher than the same period last year, with banks having reached their maximum credit quotas, said Deputy …

China’s exports and imports lost momentum in August with growth significantly missing forecasts as surging inflation crippled overseas demand and fresh Covid curbs and heatwaves disrupted output, reviving downside risks for the shaky economy. Exports rose 7.1% in August from a year earlier, slowing from an 18.0% gain in July …

A karaoke parlor caught fire in the southern Binh Duong Province Tuesday night, killing 14 people. Two others were injured while escaping the fire while several people were rescued, the province’s chairman Vo Van Minh confirmed Wednesday. Smoke is seen at a karaoke parlor that caught fire in Binh Duong …