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Vietnam will reduce coal-fired power supply by two-thirds between 2025 and 2045 and increase renewable power supply to account for more than half of the total. All localities have expressed agreement with the Ministry of Industry and Trade’s latest version – Power Power Development Plan 8 – which was announced …

The International Monetary Fund’s new chief economist said on Tuesday he is concerned about increasing signals that inflation expectations are on the rise and may become entrenched at elevated levels, prompting more aggressive monetary policy tightening in advanced economies. Pierre-Olivier Gourinchas, who started transitioning to the IMF’s economic counselor role …

Budget airline Vietjet Air has announced plans to resume flights to India’s New Delhi soon and launch new services from Hanoi, HCMC and Phu Quoc this year. The new HCMC-Mumbai service will be launched on June 2 with four flights a week either way while Hanoi-Mumbai flights will start a …