Vietnam bid farewell to 2023 on an upbeat note as the country spent the year experiencing positive signals that could help fulfill its ambitious goal of developing the semiconductor industry.    Vietnamese Prime Minister Pham Minh Chinh (C) meets with Vietnamese employees at Synopsys in the U.S. Photo: Nhat Bac / Tuoi Tre  Perhaps the most notable […]

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Vietnam’s Long An International Port has the potential to become an important trade bridge between Vietnam and Cambodia as well as a convenient international border gate through which foreign goods will enter and leave Cambodia, a Cambodian official has commented.   Governor of Cambodia’s Svay Rieng Province (R, 3rd) listens to an introduction about Long An […]

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Though 5.05% GDP growth last year was below the target, the economy steadily improved through the year despite the global headwinds.   Workers at garment company Dony’s factory in HCMC’s Tan Binh District. Photo by VnExpress/Quynh Tran A director of a wood products company in Dong Nai Province said his production fell by half last […]

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South Korean aero parts supplier KP Aero Industries broke ground on its KP Vina Aircraft Component factory project, worth US$20 million in investment, in Da Nang City, central Vietnam on Tuesday. Spanning some two hectares at Da Nang Hi-Tech Park, the facility will specialize in manufacturing and assembling components such as auxiliary power units, wingboxes, […]

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Fifteen U.S. companies, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam in clean energy infrastructure, contingent on the country’s progress on renewable energy rules, a senior U.S. official said.    Prime Minister Pham Minh Chinh speaks with U.S. Under Secretary of State for Economic Growth, Energy, and the Environment Jose Fernandez […]

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The U.S. dollar rose against the Vietnamese dong Wednesday morning after dipping to the lowest in three weeks Tuesday. An employee counts U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy Vietcombank sold the dollar at VND24,610, up 0.14% for the day. On Tuesday it closed at VND24,575, lowest since Jan. 10. VNDVietcombank’s […]

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Bettencourt Meyers, the heiress to the L’Oréal cosmetic fortune, is the first name from the long list of billionaire heirs to achieve the status of centibillionaire and the world’s richest woman.   Francoise Bettencourt Meyers, the heiress to the L’Oréal cosmetic fortune and the world’s richest woman. Photo by Reuters  She inherited the title of […]

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Tesla CEO Elon Musk reclaimed his title as the world’s richest person after the spot was occupied by French magnate Bernard Arnault for several days. A 4.2% jump in Tesla stock prices on Monday propelled Musk back into the lead with an estimated net worth of US$210.6 billion as of Jan. 31, according to Forbes. With […]

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Foreign remittances to Ho Chi Minh City soared by 43% to a record US$9.46 billion last year.    An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung  It accounted for half of all remittances to the country and was 2.7 times the foreign direct investment the city […]

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etailers from JCPenney to Tiffany & Co are funnelling huge sums into store renovations. They’re hoping massive makeovers will drive shoppers to spend. At JCPenney stores across the US, shoppers may notice a fresh paint smell, better lighting and shiny new signage – with even more improvements planned for the coming months. Centralised checkout counters […]

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