The U.S. economy grew faster than expected in the second quarter as labor market resilience underpinned consumer spending, while businesses boosted investment in equipment, potentially keeping a much-feared recession at bay. Gross domestic productincreased at a 2.4%annualized rate last quarter, the Commerce Department in its advance estimate of second-quarter GDP …
Read More »Kim shows off new North Korean drones, ICBMs to Russia defense minister
Walking past huge intercontinental ballistic missiles and previously unseen military drones, Kim Jong Un gave Russia’s defense minister a tour of North Korea’s newest and most advanced weaponry Thursday, state media reported. After Washington earlier this year accused Pyongyang of supplying Moscow with weapons for its war in Ukraine, photographs …
Read More »Authorities seize 19 kg of gold smuggled from Cambodia to Vietnam
Police have tracked down a group of people smuggling gold from Cambodia to Vietnam via the border in An Giang Province. An Giang police said they conducted a raid late Tuesday night and caught a group of people entering the province’s Long Binh District illegally from Cambodia on a boat. …
Read More »HCMC to collect sidewalk rentals from September
Ho Chi Minh City authorities plan to rent out sidewalks in many places from September for parking and organizing cultural and commercial activities. Under a decision signed Wednesday, these sidewalks will only be on streets at least 1.5 m wide to ensure there is adequate space for pedestrians and vehicles. …
Read More »Vietnam farmers benefit from India’s rice export ban
Farmers in the Mekong Delta, Vietnam’s biggest rice production region, are selling at higher prices in the wake of an export halt imposed by India, the world’s largest supplier. Bui Van Phuoc, a farmer in Tam Nong District of Dong Thap Province, harvested around 49 tons of rice on a …
Read More »Vietnam willing to work with US to take ties to ‘new heights’
Vietnam is willing to advance ties with the U.S. to new heights on the occasion of the 10th anniversary of the Comprehensive Partnership, Minister of Foreign Affairs Bui Thanh Son has said. “Since President Truong Tan Sang’s visit to Washington in 2013, we have obtained substantive results in all important …
Read More »Northern electronics factories seek to recruit thousands of workers
Electronics companies in nine northern localities are looking to recruit over 21,600 workers as orders for Apple products have returned. Hanoi and Hai Phuong cities and Bac Giang, Bac Ninh, Thai Nguyen, Phu Tho, Ninh Binh, Thai Binh, and Bac Kan provinces were looking to recruit over 40,100 at the …
Read More »Meta earnings beat market expectations as ads revive
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business. Meta reported a profit of $7.8 billion on $32 billion in revenue during the recently ended quarter, as the number of people using Facebook monthly rose to 3.03 billion. “We had a …
Read More »As El Nino fuels fire risk, Southeast Asia prepares for haze crisis
Southeast Asian nations are gearing up to tackle the threat of a tougher-than-usual “haze” season together, as the El Nino climate phenomenon raises the risk of soaring temperatures. Ministers and officials from the Association of Southeast Asian Nations (ASEAN) met in Singapore last month, where they vowed to ramp up …
Read More »Typhoon Doksuri shuts businesses, grounds flights in Taiwan
Southern Taiwan on Thursday shut businesses and schools while airlines canceled hundreds of domestic flights amid warnings of landslides and floods as Typhoon Doksuri churned past the island en route to China where it will make landfall later this week. As of 8:30 a.m. (0030 GMT) Typhoon Doksuri, categorized at …
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