World

Shockwaves from the collapse of Silicon Valley Bank pounded global bank stocks further on Tuesday as assurances from President Joe Biden and other policymakers did little to calm markets and prompted a rethink on the interest rate outlook. Biden’s efforts to reassure markets and depositors came after emergency U.S. measures …

North Korea fired two short-range ballistic missiles off its east coast on Tuesday, South Korea’s military said, the latest in a series of weapons tests as the South and the United States conduct their largest joint military drills in years. The missiles were fired at around 7:40 a.m. (2240 GMT …

Thailand celebrated National Elephant Day on Monday, honoring the beast that is a beloved symbol of the country with feasts of fruits and vegetables. Thailand in 1998 declared March 13 as a day dedicated to the conservation of its elephants. Traditionally, they have been used as work animals and even …

To some Vietnamese engineers in the U.S., 48 hours after news about Silicon Valley Bank collapse were the worst time of their life, until they were assured they would not lose all. When she heard how the bank went under, Phuong Thanh, a co-founder and CFO of a Silicon Valley …

Mobile phone numbers linked to personal information that does not match Vietnam’s official national database will be locked beginning in April, the information ministry announced Monday. Deputy head of the Vietnam Telecommunications Authority Nguyen Phong Nha said such phone numbers have already begun receiving notifications of the plan. Telecom providers …

The prime minister has warned former head of the government office Mai Tien Dung for corruption surrounding Covid-19 repatriation flights during his term. The decision to discipline Dung was signed by Deputy Prime Minister Tran Luu Quang on behalf of Prime Minister Pham Minh Chinh on March 9. Dung had …

New policies to support businesses, create jobs and promote the domestic market are needed to stop the mass layoffs amid the drying up of export orders, experts said. Since Tet ended South Korean firm Changshin Vietnam in Dong Nai Province that borders HCMC has had to furlough workers due to …

Investors scrambled to pull down global rate expectations on Monday and abandoned bets on the Fed upsizing its rate hikes next week, reckoning the biggest American bank failure since the financial crisis will make policymakers think twice. On Sunday, the U.S. administration took emergency steps to shore up banking confidence, …

Two people were injured after an iron bar fell from a height of seven meters at a construction site in Nha Trang beach town Monday. The bar, 1.5 meters long and weighing 10 kilograms is part of a roandabout construction site at Ngoc Hoi intersection in downtown Nha Trang, a …

As a tractor trailer was moving in Thach That District Monday morning when a steel coil it carried fell off and rolled over a parked car. The truck was carrying three steel coils. As one of the coils was not properly attached, it fell off and rolled 10 meters away …