Vietnam’s textile-garment firms have seen orders keep dropping starting from the second quarter until now and they are having workers work in rotation. The industry’s exports have been “bizarre” this year, significantly impacting many companies, said Tran Thi Tuyet Mai, deputy general secretary of the Vietnam Textile and Apparel Association …
Read More »Biden, Xi agree to hold face-to-face summit
President Joe Biden and his Chinese counterpart Xi Jinping agreed to schedule their first in-person summit during a sometimes tense phone call Thursday where Xi warned the United States not to “play with fire” in Taiwan. Although this was their fifth phone or video call since Biden took office a …
Read More »S.Korea’s sudden property slump tests world’s most indebted consumers
South Korea’s property market has gone from sizzling hot to floundering, piling pressure on some debt-saddled consumers as the sector experiences the fastest interest rate hikes on record. Prices of Seoul apartments last week reported their sharpest decline in 26 months, while transaction volumes in the capital dropped 73 percent …
Read More »US tech titans stumble after pandemic boom
Amazon and Apple were a relative bright spot in a week of otherwise lackluster earnings results for an industry reckoning with the end of heady pandemic-era growth. A crowded period of quarterly financial releases from the world’s biggest tech firms has been marred by misses and uncertainty — making it …
Read More »One killed as SUV causes series of crashes in Hanoi
A SUV plowed into three cars and eight motorbikes in Ha Dong District on Thursday night, killing a woman. The Hyundai Santa Fe car hit two cars parked in front of a house at 15 Ngo Thi Nham Street at around 9 p.m. on Thursday before plowing into a military …
Read More »New Covid wave in Vietnam unlikely: experts
Though the number of daily infections and severe cases keeps rising, experts said it is implausible for Vietnam to experience another Covid-19 wave. In the week between July 18 and 24, Vietnam recorded 329 serious Covid-19 cases that must be hospitalized for treatment, up 73 percent from the previous week. …
Read More »HCMC to advise 21-day self-quarantine for monkeypox suspects
HCMC may advise foreign entrants suspected of having monkeypox to self-isolate themselves for 21 days, the city’s Center for Disease Control (CDC) said Thursday. Nguyen Hong Tam, deputy director of the Ho Chi Minh City CDC, said the 21-day isolation was recommended by the WHO. However, the Ministry of Health …
Read More »Northern Vietnam set for weekend drenching
Hanoi and other northern Vietnam regions would experience heavy rain from Friday to Monday, with potential risks of flooding and landslides in mountainous areas, weather experts warn. A convergence zone is getting established above mountainous regions in northern Vietnam, triggering rain of 100-200 mm in the area from Friday night …
Read More »HCMC thieves chase dog into private yard
Two thieves in Ho Chi Minh City rode their motorbike right into a private yard chasing down a dog, culminating in their arrest Wednesday. Nguyen Nhat Truong, 31, and Truong Lam Hung, 25, chased down a dog right into its owner’s house in Cu Chi District, before tasering it and …
Read More »US carrier strike group returns to South China Sea amid Taiwan tensions
A U.S. aircraft carrier and its strike group have returned to the South China Sea after a port call in Singapore, deploying in the disputed region as tensions with China rise over a possible visit to Taiwan by congressional leader Nancy Pelosi. Officials with the U.S. Navy’s Seventh Fleet confirmed …
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