Wednesday , November 27 2024

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China vows to adapt better to climate change as risks soar

China vows to adapt better to climate change as risks soar

China’s economy and society are at increasing risk from climate change and the country needs to improve adaptation mechanisms and monitoring capabilities at every level of government, according to a new policy document. “Climate change has already brought serious adverse impacts to China’s natural ecological system, and has continued to …

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VNG to post record losses

VNG to post record losses

Vietnam tech unicorn VNG Corp expects revenues to surge by 33 percent this year, but losses to rise nine-fold to an all-time high. Its sales are expected to rise to VND10.2 trillion (US$439.5 million) from VND7.6 trillion last year. Losses are likely to go up to VND993 billion. Subsidiary Zion, …

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Downpour plunges Hanoi underwater

Heavy rain on Monday night once again rendered several Hanoi streets underwater, paralyzing traffic. The intersection at Pham Hung, Me Tri and Duong Dinh Nghe, a frequently flooded location, was flooded by over half a meter. Several vehicles going through the area were shut down, causing severe traffic jams. A …

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