World

Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at all as deal making sputters and economic gloom sets takes hold. Financiers face disappointment when their compensation awards land in the first quarter, and thousands …

HCMC companies are set to pay average Tet bonuses this year of VND13 million (US$550.73), 45% higher than last year, the labor department said. After a survey of over 1,000 businesses and 220,000 workers the Department of Labor, Invalids and Social Affairs said Thursday that last year the bonus had …

Twitter Inc’s public policy chief has left the company amid additional layoffs to the unit on Thursday, sources familiar with the matter told Reuters, as billionaire owner Elon Musk continues to slash costs. Sinead McSweeney, global vice president for public policy, has left Twitter, according to two sources. McSweeney’s departure …

Police in the central Ha Tinh Province have arrested a man for using a phone while driving and fatally hitting a cyclist. Nguyen Van Khai, 25, of the northern Phu Tho Province, who faces charges of “violating road traffic laws,” was driving on National Highway 1 in Ha Tinh’s Cam …

North Korea’s foreign ministry denied a media report it supplied munitions to Russia, calling it “groundless,” and denounced the United States for providing lethal weapons to Ukraine, the North’s official KCNA news agency reported on Friday. Japan’s Tokyo Shimbun reported earlier that North Korea had shipped munitions, including artillery shells, …

Vietnam and Indonesia have finished negotiations to determine boundaries between the countries’ exclusive economic zones (EEZs). President Nguyen Xuan Phuc and his Indonesian counterpart Joko Widodo said after a Thursday meeting that negotiations have been completed in accordance with international law, including the United Nations Convention on the Law of …

Two people were jailed in Da Nang Wednesday for smuggling in 200 iPhones worth VND3.2 billion ($135,306) from Hong Kong, disguising them as uninterruptible power supplies (UPS). Tran Dinh Viet, 36 and Nguyen Van Cuong, 34, both living in Hanoi, were sentenced to 9 years and 7 years in prison …

German ambassador to Vietnam Guido Hildner visited Dong Xuan Market in Hanoi on Wednesday to observe its new solar power project in action. The generation of solar power at the market is the result of collaboration between Hanoi’s Hoan Kiem District authorities and authorities from the Berlin borough of Lichtenberg. …

Construction of what’s slated to be Vietnam’s largest airport could fall behind schedule as a VND35 trillion (US$1.48 billion) passenger terminal package has yet to find a contractor. The Thanh Long Airport project’s main investor, the Airports Corporation of Vietnam (ACV), announced that bidding on the package had been canceled …

Hanoi’s deputy chairman Chu Xuan Dung has been arrested over allegations of receiving bribes in organizing Covid-19 repatriation flights. Vu Hong Nam, former Vietnamese ambassador in Japan, was also arrested to be investigated for the same allegations, spokesman for the Ministry of Public Security To An Xo said Thursday. Pham …