Government-backed financial institutions from Japan, the U.S., and Australia have pledged to support Vietnam’s efforts to cut carbon emissions, according to the chairman of the Japan Bank for International Cooperation (JBIC). Government-backed financial institutions from Japan, the U.S., and Australia have pledged to support Vietnam’s efforts to cutt carbon emissions, …
Read More »Tesla extends price cuts to U.S., Europe in sales push
Tesla has slashed prices on its electric vehicles in the United States and Europe, the automaker’s website shows, extending a new strategy of aggressive discounting after missing Wall Street estimates for deliveries. The U.S. price cuts, announced late Thursday in U.S. time on the Model 3 sedan and Model Y …
Read More »Crypto.com to cut 20% jobs as industry rout deepens after FTX collapse
Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year. The Singapore-based company’s announcement comes amid concerns about reserves and solvency across the sector, and only a few days after rival exchanges …
Read More »HCMC military school requests police investigation into fabrication of student rape
The Zone 7 Military School in HCMC has requested a police investigation into social media accounts it said were spreading fake news that a female student had been raped while studying at the school. Tran Hoai Trung, a political commissar of the school, on Friday said documents and evidence regarding …
Read More »Schools and parks proposed to replace HCMC’s biggest graveyard
After the graves are removed from Binh Hung Hoa Cemetery in Ho Chi Minh City, the land should be used to build schools and parks, Binh Tan District officials have proposed. Writing to the HCMC administration recently, district officials argued against a previous plan which said that part of the …
Read More »Lisa Marie Presley, daughter of Elvis, dies aged 54
Lisa Marie Presley, a musician and the only daughter of rock ‘n’ roll legend Elvis Presley, died on Thursday after being rushed to a Los Angeles-area hospital, her mother said. “It is with a heavy heart that I must share the devastating news that my beautiful daughter Lisa Marie has …
Read More »China’s on the move again, economic outlook brightens
Residents of China are increasingly on the move after the country’s sudden reversal last month of heavy Covid-19 curbs, despite a surge in infections, pointing to a gradual recovery in consumption and economic activity this year. Mobility and spending data — from subway passenger traffic in three of China’s biggest …
Read More »US inflation retreating as consumer prices fall; labor market still tight
U.S. consumer prices fell for the first time in more than 2-1/2 years in December as gasoline and motor vehicles prices declined, offering hope that inflation was now on a sustained downward trend, though the labor market remains tight. Americans also got more relief at the supermarket last month, with …
Read More »HCMC unveils response plan against new Covid variants
HCMC healthcare authorities have 10,000 hospital beds on standby as a precaution amid the appearance of new Covid-19 variants. The Department of Health said that of the 10,000 beds 1,000 would be for intensive care. As the highly infectious XBB subvariant of Omicron has been detected in the southern metropolis, …
Read More »Vietnam drug sting busts buses from Laos
Officers found a total of 6kg of drugs on four passenger buses entering Vietnam at the Lao Bao border gate in the central province of Quang Tri this week. Customs and police forces have arrested eight Vietnamese people, whose identities are still unclear, for smuggling the drugs from Laos. On …
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