The government has approved the construction of an expressway in Dong Nai Province under the public-private partnership (PPP) format for VND8.365 trillion ($354.45 million). The Dau Giay – Tan Phu Expressway will run 60 kilometers in Dong Nai that borders Ho Chi Minh City as part of a connection between …
Read More »Only way out is down: Karaoke parlor employees escape deadly fire
When the flames and smoke raged around him on the second floor of a karaoke parlor in Binh Duong, Nguyen Trong Phuc, 18, knew there was only one way out. On Wednesday morning, Phuc, an employee of the An Phu karaoke parlor in the southern province, was awaiting leg surgery …
Read More »Rural Indians join rush to study abroad as prospects dim at home
When 19-year-old Sachin failed to score the grades he needed to get into a good Indian college, his father, a small shopkeeper, took a loan and dug deep into the family savings to help him secure a Canadian student visa. The 2 million rupees ($25,035) they scraped together covered the …
Read More »China’s trade falters as demand wanes at home and abroad
China’s exports and imports lost momentum in August with growth significantly missing forecasts as surging inflation crippled overseas demand and fresh Covid curbs and heatwaves disrupted output, reviving downside risks for the shaky economy. Exports rose 7.1% in August from a year earlier, slowing from an 18.0% gain in July …
Read More »14 killed in karaoke parlor fire in Binh Duong
A karaoke parlor caught fire in the southern Binh Duong Province Tuesday night, killing 14 people. Two others were injured while escaping the fire while several people were rescued, the province’s chairman Vo Van Minh confirmed Wednesday. Smoke is seen at a karaoke parlor that caught fire in Binh Duong …
Read More »Cryptoverse: Bitcoin’s no longer the king of the swingers
Bitcoin’s been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring. Yet, of late, it’s been eerily subdued. The king of the swingers has been uncharacteristically treading water for days at around $20,000 and hasn’t ventured far beyond that since June. That spells trouble for traders …
Read More »Worst not over for emerging market currencies as US dollar thunders on
Emerging market currencies will find it difficult to reclaim ground lost this year as relentless Federal Reserve rate hikes and safe-haven demand keep the dollar ascendant, a Reuters poll of currency strategists found. A stampede into the greenback pushed the wider index of emerging market currencies to its lowest in …
Read More »Indonesian president likely to weather fuel price rise uproar, analysts say
Thousands of people joined protests across Indonesia this week against a fuel price increase but even as anger mounts on the streets of Southeast Asia’s largest economy, analysts say President Joko Widodo is well placed to weather the storm. Under pressure to address a ballooning energy subsidy budget the president, …
Read More »12 killed in karaoke parlor fire in Binh Duong
A karaoke parlor caught fire in the southern Binh Duong Province Tuesday night, killing 12 people. Seven others were injured while escaping the fire while several people were rescued by fire police, the province’s chairman Vo Van Minh confirmed Wednesday. The fire engulfed An Phu karaoke parlor on Tran Quang …
Read More »7 killed in karaoke parlor fire in Binh Duong
A karaoke parlor caught fire in the southern Binh Duong Province Tuesday night, killing seven people. Seven others were injured while 12 people were rescued unharmed, the province’s chairman Vo Van Minh confirmed Wednesday. The fire engulfed An Phu karaoke parlor on Tran Quang Dieu Street of An Phu Ward …
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