The global streak of high inflation is far from over and aggressive monetary policy tightening will fall short in taming price pressures to mandated levels as broken supply chains are unlikely to mend anytime soon, Reuters polls showed. Inflation in most countries has soared to multi-year highs, driven by a …
Read More »Saigon zoo survives on supporters in pandemic
Saigon Zoo and Botanical Garden in HCMC has received over VND26 billion ($1.13 million) from the city and supporters, saving it from suffering losses. Under the Covid-19 impact, the zoo in downtown HCMC must shut down for over six months last year. Without visitors amid strict lockdowns, the zoo reported …
Read More »HCMC gets downtown street back from metro construction site
A Le Loi Street section that had been blocked for building HCMC’s metro line station was cleared after six years on Wednesday. The 50-meter section, from the Pasteur intersection to Nam Ky Khoi Nghia, has been resurfaced and all barriers there will be removed before April 30 for traffic to …
Read More »Japan PM set to visit Vietnam
Japanese Prime Minister Fumio Kishida will visit Vietnam April 30-May 1 at the invitation of his Vietnamese counterpart Pham Minh Chinh. The visit comes five months after Kishida became PM. He is also the secretary general of the Japan-Vietnam Friendship Parliamentary Union. Vietnam and Japan, who established diplomatic ties in …
Read More »Covid-19 death tally drops by half in a week
The Health Ministry announced over 8,000 new domestic Covid-19 patients Wednesday, with the death ratio in the last seven days falling by half from the preceding period. Quang Ninh Province added over 3,300 earlier cases to the national database Wednesday, bringing the single-day tally to 11,313. In the past 24 …
Read More »Workers’ strikes increase as businesses seek to delay wage hike
Wildcat strikes by workers increased by 40 percent in the first quarter compared to the same period last year, according to the Vietnam General Confederation of Labor. At a conference Tuesday on wages and the job market, Le Dinh Quang, deputy head of the confederation’s legal policy department, said the …
Read More »HCMC – Mekong Delta expressway extension completed after 13 years
The Trung Luong – My Thuan Expressway, part of the only expressway connecting HCMC and the Mekong Delta, opened to traffic Wednesday. The 50-km (32-mile) extension runs through five districts in Tien Giang Province from Chau Thanh, where the HCMC – Trung Luong Expressway ended earlier, to National Highway 30 …
Read More »Netflix inks Japan studio deal in anime push
Netflix Inc on Tuesday announced a multi-film deal with Japan’s Studio Colorido, as the streaming giant ramps up its anime offering and looks to Asia for growth. Netflix is co-producing three feature films with Studio Colorido including “Drifting Home”, which premieres in September, as it invests more deeply in original …
Read More »Australian inflation hits 20-year high, brings rate rises near
Australian consumer prices surged at the fastest annual pace in two decades last quarter as petrol, home building and food costs all climbed, spurring speculation interest rates could rise as soon as next week. That would be unwelcome news for Prime Minister Scott Morrison as he fights a tough election …
Read More »Vietnam ditches medical declaration for foreign entrants
Vietnam scrapped the medical declaration requirement for all foreign entrants starting Wednesday as the number of Covid-19 infections and deaths drops globally. However, localities must still continue to monitor entrants at border gates, the Ministry of Health said. Foreign visitors to Vietnam now are only required to test negative for …
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