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India participates in 20th ASEAN-India Economic Ministers` Meeting India has participated in the 20th ASEAN-India Economic Ministers’ meeting held on August 21, 2023 in Semarang, Indonesia. The Economic Ministers or their representatives from all the 10 ASEAN countries viz. Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam participated in the meeting. Democratic Republic of Timor-Leste also joined the Meeting as an observer. The Ministers reviewed the bilateral trade and investment relations between I...
India participates in 20th ASEAN-India Economic Ministers` Meeting
India participates in 20th ASEAN-India Economic Ministers` Meeting
Source: Accord Fintech
22/08/2023 3:36:16 PM
Vietnam food Association official says no immediate plan to curb rice exports Vietnam has no immediate plans to restrict its rice exports, a senior official of the country's food association said on Monday, after India's export curbs sparked worries about global supplies of the staple. "At the moment, Vietnamese companies are exporting rice normally," said the official of Vietnam Food Association, which represents the country's rice processors and exporters and works closely with the government, under condition of anonymity. India, which acc...
Vietnam food Association official says no immediate plan to curb rice exports
Vietnam food Association official says no immediate plan to curb rice exports
Source: Reuters
31/07/2023 5:56:59 PM
FIFA Women`s World Cup: Spain, Japan seal last 16 berths, Canada beat Ireland (roundup) Spain and Japan secured their berths in the last 16 stage with decisive victories over Zambia and Costa Rica respectively, while Canada defeated Ireland 2-1 at FIFA Women's World Cup on Wednesday. In Group C, after securing a 3-0 victory over Costa Rica in the opening match, Spain began their clash against Zambia with a dream start.  Teresa Abelleira scored a stunning goal nine minutes into the game, and Jennifer Hermoso added another goal with a well-timed header four minutes ...
FIFA Women`s World Cup: Spain, Japan seal last 16 berths, Canada beat Ireland (roundup)
FIFA Women`s World Cup: Spain, Japan seal last 16 berths, Canada beat Ireland (roundup)
Source: IANS
27/07/2023 9:52:11 AM
Indian rates at three-month high on low supplies, paddy price hike Prices of rice exported from top hub India jumped to their highest since early March this week, driven by tight supplies and a move to raise the government-mandated price for paddy, while rates for the staple from Thailand eased on lower demand. India's 5% broken parboiled variety was quoted at $388-$395 per tonne, up from last week's $375-$380. India on Wednesday raised the price at which it will buy new-season common rice paddy from farmers by 7% to 2,183 rupees per 100 kg. ...
Indian rates at three-month high on low supplies, paddy price hike
Indian rates at three-month high on low supplies, paddy price hike
Source: Reuters
9/06/2023 9:04:02 AM
Australian Prime Minister visits Vietnam to strengthen bilateral ties Australian Prime Minister Anthony Albanese met with his Vietnamese counterpart Pham Minh Chinh on Sunday, discussing enhancing bilateral relations between the two nations. During the meeting, Albanese, who paid a two-day official visit to Vietnam, announced a package of 105 million Australian dollars ($69.5 million) to aid Vietnam in combating climate change, Xinhua news agency reported. Australia will also expand a programme that enables collaboration between Australia's national s...
Australian Prime Minister visits Vietnam to strengthen bilateral ties
Australian Prime Minister visits Vietnam to strengthen bilateral ties
Source: IANS
4/06/2023 3:38:31 PM
Vietnamese banks cut deposit rates further to boost economic growth Vietnamese banks have lowered their deposit interest rates further in a move designed to boost lending to shore up growth in the economy, local media reported on Friday. The country's four biggest lenders, including state-run Agribank and partly-privatized BIDV, Vietcombank and Vietinbank, cut their interest rates between 0.2 and 0.3 percentage points on Vietnamese dong deposits with maturities ranging from 6 months to one year, reports Xinhua news agency. Vietcombank cut the intere...
Vietnamese banks cut deposit rates further to boost economic growth
Vietnamese banks cut deposit rates further to boost economic growth
Source: IANS
19/05/2023 5:51:33 PM
Apple expands its `Apple Store` online in Vietnam Apple has announced the expansion of its 'Apple Store' online in Vietnam for customers in the country to shop direct with Apple and receive service. "With today's expansion, we're proud to offer customers an incredible new way to discover and shop for our amazing products and services, connect with our knowledgable team members, and experience the best of Apple," Deirdre O'Brien, Apple's senior vice president of Retail, said in a statement. With the App...
Apple expands its `Apple Store` online in Vietnam
Apple expands its `Apple Store` online in Vietnam
Source: IANS
18/05/2023 2:21:55 PM
Vietnam`s central bank considers cutting policy rates further Vietnam's central bank is lining up its options in case it needs to ease monetary policy further to support the economy and help the country meet its economic growth target for the year, local newspaper reported on Friday. "Given the US Federal Reserve seen slowing its rate-hike pace, improved bank liquidity, the State Bank of Vietnam (SBV) will consider, based on the assessment of market conditions, lowering policy rates further," SBV Governor Nguyen Thi Hong told a meeting ...
Vietnam`s central bank considers cutting policy rates further
Vietnam`s central bank considers cutting policy rates further
Source: IANS
13/05/2023 10:28:51 AM
Vietnam`s seafood exports feel the pinch of global slowdown  The value of Vietnamese seafood exports slumped 28 per cent in April from a year earlier to $810 million due to weakening demand from key markets, Dai Bieu Nhan Dan newspaper reported on Saturday. The Vietnam Association of Seafood Exporters and Producers (VASEP) said global economic slowdown is taking a toll on Vietnam's seafood exports and rising input prices are weighing on manufacturing activities, Xinhua news agency reported. Seafood exports in the first four months of th...
Vietnam`s seafood exports feel the pinch of global slowdown
Vietnam`s seafood exports feel the pinch of global slowdown
Source: IANS
6/05/2023 12:37:02 PM
Vietnam`s currency stable despite global uncertainties Despite uncertainties in the global financial market, Vietnam's currency and foreign exchange markets have remained stable, local media reported on Monday. The Vietnamese dong is one of the most stable currencies in Asia, Xinhua news agency quoted Vietnam News as saying citing the Singapore-based United Overseas Bank (UOB). Despite major changes in the Fed's interest rate hike expectations and fears of a global recession, the Vietnamese dong traded in a narrow range of 0.8 per c...
Vietnam`s currency stable despite global uncertainties
Vietnam`s currency stable despite global uncertainties
Source: IANS
24/04/2023 5:46:15 PM
Vietnam`s inflation quickens to 4.18% in first quarter Vietnam's consumer price index rose 4.18 per cent in the first three months of 2023 from a year earlier on the back of higher food, housing, and education costs, according to government statistics data released on Wednesday. Higher education expenses, up 10.13 per cent in the first quarter, continued to drive up living costs and contributed the most to the annual inflation, followed by housing and construction materials prices, which increased 7.17 per cent year on year, and the cost o...
Vietnam`s inflation quickens to 4.18% in first quarter
Vietnam`s inflation quickens to 4.18% in first quarter
Source: IANS
29/03/2023 1:58:04 PM
Vietnam plans to extend tax relief in 2023 Vietnam is planning to extend tax relief this year to tackle the problem of liquidity for households and businesses to accelerate the economic growth momentum, local media reported on Tuesday. Tax authorities are drafting a range of tax relief measures, including the extension of the deadline for tax payments and submission of annual rental fees on publicly-owned land, according to the Ministry of Finance. Vietnam may allow an extension of up to six months for the payment of value-added...
Vietnam plans to extend tax relief in 2023
Vietnam plans to extend tax relief in 2023
Source: IANS
14/03/2023 5:24:34 PM
Vietnam`s refined fuel imports hit $1.7 bn in January-February Vietnam imported 1.93 million ton of gasoline and oil products in the first two months this year, up 43.1 per cent from a year earlier as costs jumped 56.3 per cent to $1.7 billion, local media reported on Thursday. Gasoline and diesel consumption is expected to trend higher along with the economy as Vietnam is recovering from the Covid-19 pandemic, said the Ministry of Industry and Trade. Vietnam's crude oil imports more than doubled in the period to 1.78 million ton worth $1.1 bil...
Vietnam`s refined fuel imports hit $1.7 bn in January-February
Vietnam`s refined fuel imports hit $1.7 bn in January-February
Source: IANS
9/03/2023 5:24:19 PM
Vietnam expects full tourism recovery by 2025 Vietnam's tourism sector is projected to return to pre-Covid pandemic levels in 2025, authorities said on Thursday. The industry accounted for 9.2 per cent of the Southeast Asian country's annual gross domestic product in 2019, with a record 18 million international arrivals and 720 trillion Vietnamese dong ($30.2 billion) in revenue, according to the Ministry of Culture, Sports and Tourism. Vietnam has also aimed to attract 35 million international visitors by 2030 with a stead...
Vietnam expects full tourism recovery by 2025
Vietnam expects full tourism recovery by 2025
Source: IANS
9/03/2023 3:17:36 PM
Vietnam cuts retail fuel prices slightly Vietnam has cut retail prices of gasoline and other oil products by up to 3.5 per cent due to recent decreases in global oil prices, the Ministry of Industry and Trade said. Diesel prices were down by 3.5 per cent to 20,806 Vietnamese dong ($0.87) per litre while kerosene lowered 3.46 per cent to 20,846 Vietnamese dong, the Ministry said in a statement on Tuesday. Gasoline prices inched down by between 1.36 and 1.43 per cent to 23,443 Vietnamese dong per litre for RON95 bio-fuel, and 22...
Vietnam cuts retail fuel prices slightly
Vietnam cuts retail fuel prices slightly
Source: IANS
22/02/2023 9:52:37 AM
Apple eyes India, Vietnam to replace China as its key manufacturer China, which is still the key Apple supplier, may lose its tag as leading iPhone manufacturer as Apple looks at India and Vietnam to bolster its supply chain, the media reported on Saturday. Largest Apple supplier Foxconn has "quietly finalised plans" to relocate some of its Apple iPad and MacBook production to Vietnam, reports The South China Morning Post. Apple has reportedly cut back on orders citing weakening demand in potential blow to its Chinese suppliers amid Covid dis...
Apple eyes India, Vietnam to replace China as its key manufacturer
Apple eyes India, Vietnam to replace China as its key manufacturer
Source: IANS
14/01/2023 5:36:51 PM
Indian operations to play key role in Skoda Auto`s entry into Vietnam India is emerging as a key manufacturing hub for the Skoda Group that will venture into the Vietnamese market, the Skoda Auto Volkswagen India Private Ltd said on Wednesday. "India will play a key role in Skoda Auto's entry into the Vietnamese market. Assembly of the Made-in-India Skoda Kushaq and Slavia model will begin in Vietnam in 2024," the company said on Wednesday. Close to 25 per cent of suppliers now also export to the Group globally. Exports remain a fundamental ...
Indian operations to play key role in Skoda Auto`s entry into Vietnam
Indian operations to play key role in Skoda Auto`s entry into Vietnam
Source: IANS
4/01/2023 1:39:30 PM
Vietnam's CPI up 3.15% in 2022 Vietnam's consumer price index (CPI) rose 3.15 per cent in 2022, meeting the below-4-per cent target set by its top legislature, according to the country's General Statistics Office on Friday. The rise was mainly driven by surging fuel and gas prices, and rising prices of other items including rice, food and housing and materials, reports Xinhua news agency. Specifically, items posting the most significant rises in prices included transport (up 11.27 per cent), beverages and cig...
Vietnam's CPI up 3.15% in 2022
Vietnam's CPI up 3.15% in 2022
Source: IANS
30/12/2022 5:21:36 PM
Samsung opens $220 mn R&D centre in Vietnam Samsung Electronics has held an opening ceremony for a research and development centre in Vietnam, in what the tech giant said is the largest such facility in the Southeast Asian country set up by a foreign firm. "I expect the R&D centre to contribute to Vietnam's industrial competitiveness and to the relationship between South Korea and Vietnam," Samsung Electronics Executive Chairman Lee Jae-yong said at the opening ceremony in Hanoi, reports Yonhap news agency. The ...
Samsung opens $220 mn R&D centre in Vietnam
Samsung opens $220 mn R&D centre in Vietnam
Source: IANS
24/12/2022 5:29:31 PM
Samsung R&D centre in Vietnam to kick-start operations soon Samsung Electronics' Executive Chairman Lee Jae-yong left for Vietnam on Wednesday to attend an opening ceremony of a research and development (R&D) centre there. Samsung Electronics began building the $220 million R&D centre in Hanoi in March 2020, in what the tech giant said would be the largest R&D facility in Southeast Asia. "The R&D centre will open soon," he told reporters at Seoul Gimpo Business Aviation Center, west of Seoul, earlier in the day. He ...
Samsung R&D centre in Vietnam to kick-start operations soon
Samsung R&D centre in Vietnam to kick-start operations soon
Source: IANS
21/12/2022 4:25:47 PM
17-year-old Cherisha Chanda wins Miss Eco Teen Pageant The first Miss Eco Teen Pageant was won by Indian teenager Cherisha Chanda, who is 17 years old, making history. Beela Vu, Miss Eco Teen 2021 from Vietnam, gave her the crown. The world's largest beauty contest, Miss Eco Teen, has its headquarters in Egypt. There are 25 participating nations in the competition. Cherisha Chanda, Miss Teen Diva 2021's runner-up, was chosen to represent India in the Miss Eco Teen Pageant. The international pageant promotes environmental awareness and ...
17-year-old Cherisha Chanda wins Miss Eco Teen Pageant
17-year-old Cherisha Chanda wins Miss Eco Teen Pageant
Source: IANS
18/12/2022 2:31:07 PM
Vietnam to further promote its coffee in int'l market Vietnam aims to further push its coffee industry in the international market by focusing on sustainable development and intensively-processing methods, the Ministry of Agriculture and Rural Development said on Tuesday. The country's coffee industry has made steady headway in the international competitiveness rankings with a processing capacity of 2.36 million tonnes per year, Xinhua news agency reported. The industry should shift its focus to intensively-processing methods to improv...
Vietnam to further promote its coffee in int'l market
Vietnam to further promote its coffee in int'l market
Source: IANS
13/12/2022 4:51:03 PM
Banijay Asia to roll out Indian adaptations of `House` and 'Suits` Indian adaptations of popular series 'House' and 'Suits' are in the works at Banijay Asia, CEO Deepak Dhar revealed to Variety at the Asia Television Forum and Market. Further details and the platform they will be on will be revealed in early 2023, Dhar said. Banijay Asia's Indian adaptation of 'The Good Wife', starring Kajol, will be on Disney+ Hotstar early next year and 'Captain', the Indian version of 'The Night Manager', also for Disney+ Hot...
Banijay Asia to roll out Indian adaptations of `House` and 'Suits`
Banijay Asia to roll out Indian adaptations of `House` and 'Suits`
Source: IANS
9/12/2022 2:48:19 PM
Apple supplier Foxconn invests another $500 mn in India Amid supply chain disruptions at its key China iPhone plant, Apple supplier Foxconn is investing another $500 million in India, the media reported on Thursday. TechCrunch first reported, quoting a company stock exchange filing in Taiwan, that Foxconn's Singapore subsidiary is $500 million in Hon Hai Technology India Mega Development Pvt Ltd. The move comes as Apple is fast forwarding its manufacturing plans for both iPhones and iPads in India and Vietnam in the wake of China unrest ...
Apple supplier Foxconn invests another $500 mn in India
Apple supplier Foxconn invests another $500 mn in India
Source: IANS
9/12/2022 9:12:16 AM
ASEAN parliament chiefs gather to promote sustainable, inclusive, resilient region Parliament leaders of the Association of Southeast Asian Nations (ASEAN) met here on Monday to discuss ways to help promote a sustainable, inclusive and resilient region. In a rmessage to the opening ceremony of the 43rd General Assembly of the ASEAN Inter-Parliamentary Assembly (43rd AIPA), Cambodian King Norodom Sihamoni said inter-parliamentary diplomacy, partnership and cooperation are crucial to contribute to promoting long-lasting peace and prosperity in the region, reports Xinhua ne...
ASEAN parliament chiefs gather to promote sustainable, inclusive, resilient region
ASEAN parliament chiefs gather to promote sustainable, inclusive, resilient region
Source: IANS
21/11/2022 1:44:24 PM
Google Play introduces UPI Autopay payment in India Google announced on Tuesday that it is introducing UPI Autopay as a payment option for subscription-based purchases on Google Play in India. Introduced under UPI 2.0 by NPCI (National Payments Corporation of India), UPI Autopay helps customers make recurring payments using any UPI application that supports the feature. "With the introduction of UPI Autopay on the platform, we aim to extend the convenience of UPI to subscription-based purchases, helping many more people access helpf...
Google Play introduces UPI Autopay payment in India
Google Play introduces UPI Autopay payment in India
Source: IANS
15/11/2022 4:46:25 PM
ASEAN summits conclude with emphasis on post-pandemic recovery, ASEAN centrality The 40th and 41st ASEAN Summits and Related Summits in Cambodia concluded on Sunday, achieving fruitful results for greater regional cooperation towards post Covid pandemic socio-economic recovery. "Within these four days, we have had a comprehensive and productive discussion on the way forward to strengthen ASEAN centrality and our value in relation with our external partners, particularly at a time when the world is facing the fast evolving complex regional and international issue,&...
ASEAN summits conclude with emphasis on post-pandemic recovery, ASEAN centrality
ASEAN summits conclude with emphasis on post-pandemic recovery, ASEAN centrality
Source: IANS
13/11/2022 3:52:22 PM
ASEAN summits kick off in Cambodia The 40th and 41st ASEAN Summits and Related Summits kicked off in the capital of Cambodia on Friday, with the main focus on continuing community-building process, post-Covid recovery, and regional and global security challenges, among others. Speaking at the opening ceremony of the summits, Cambodian Prime Minister Hun Sen urged the 10-member bloc to focus on the common goal of mutual development for peace, stability and the betterment of the region, reports Xinhua news agency. He calle...
ASEAN summits kick off in Cambodia
ASEAN summits kick off in Cambodia
Source: IANS
12/11/2022 1:56:09 PM
Vietnam asks lenders to support fuel traders amid disrupted supply The State Bank of Vietnam (SBV) has called on commercial banks to provide sufficient loans to fuel traders amid volatile global oil prices and disrupted supply, Vietnam News Agency reported. A number of fuel stations in Vietnam's big cities have been reportedly shut down or on limited sales in recent weeks with traders citing numerous difficulties in securing stock and suffering heavy financial losses since early this year, the news agency said on Friday. The commercial banks were a...
Vietnam asks lenders to support fuel traders amid disrupted supply
Vietnam asks lenders to support fuel traders amid disrupted supply
Source: IANS
12/11/2022 12:31:45 PM
`Friendshoring` helping US minimise supply chain vulnerabilities: US Treasury Secretary Visiting US Treasury Secretary Janet Yellen on Friday said her country is using a tactic called "friendshoring" to minimise supply chain vulnerabilities, in an era where certain countries are using trade as a geopolitical weapon. Yellen explained this approach in her address at the Microsoft's office in Noida, where she met several tech leaders. "Let me explain an approach that the United States is taking to minimise supply chainvulnerabilities. It's called friend...
`Friendshoring` helping US minimise supply chain vulnerabilities: US Treasury Secretary
`Friendshoring` helping US minimise supply chain vulnerabilities: US Treasury Secretary
Source: IANS
11/11/2022 3:27:57 PM
India may let Chinese firms enter via JVs with local companies- Media The Indian government is open to letting Chinese companies enter the country's high-tech electronics sector should they set up manufacturing plants in partnerships with local companies, the Economic Times newspaper reported on Wednesday, citing officials. A joint venture (JV) proposal could be cleared if the Indian partner holds a majority stake and controls the board, according to the report, although it said no conditions have been finalized. The government, along with the industr...
India may let Chinese firms enter via JVs with local companies- Media
India may let Chinese firms enter via JVs with local companies- Media
Source: Reuters
2/11/2022 11:19:07 AM
Government considering second phase of PLI scheme for textile sector: Piyush Goyal The minister for textiles and commerce and industry Piyush Goyal has said the government is considering the second phase of the Production Linked Incentive (PLI) scheme for the textile sector to help the industry compete with top exporting countries like China and Vietnam. The minister instructed officials of the ministry to undertake extensive and exhaustive stakeholder consultations before finalising the contours of PLI 2.0. He asked them to make PLI 2.0 robust and emphasised that PLI 2....
Government considering second phase of PLI scheme for textile sector: Piyush Goyal
Government considering second phase of PLI scheme for textile sector: Piyush Goyal
Source: Accord Fintech
2/11/2022 10:26:48 AM
Vietnam`s foreign trade up 14.1% on year in 10 months Vietnam posted an estimated foreign trade value of $616.24 billion in the first 10 months of this year, up 14.1 per cent year on year, with a trade surplus of $9.4 billion, the General Statistics Office said on Monday. Specifically, the export revenue stood at $312.82 billion, up 15.9 per cent, while the import revenue increased 12.2 per cent year on year to $303.42 billion, reports Xinhua news agency. The US remained Vietnam's biggest importer with turnovers of $93.4 billion, and C...
Vietnam`s foreign trade up 14.1% on year in 10 months
Vietnam`s foreign trade up 14.1% on year in 10 months
Source: IANS
1/11/2022 12:06:27 PM
Apple sets new revenue record in India, logs double-digit growth  Apple CEO Tim Cook has said that the company has made a new revenue record in India in the July-September period, and continues to perform well with strong double-digit growth in the country, which is next on Apple's big manufacturing plans. Apple posted a September quarter record revenue of $90.1 billion globally, up 8 per cent year over year. Annual revenue was $394.3 billion, also up 8 per cent year over year. "Across nearly every geographic segment, we reached a new r...
Apple sets new revenue record in India, logs double-digit growth
Apple sets new revenue record in India, logs double-digit growth
Source: IANS
28/10/2022 9:54:24 AM
Southeast Asia internet economy forecast cut on economic headwinds  Southeast Asia's internet economy is expected to be worth $330 billion by 2025, though this a downgrade from a previous forecast due to economic uncertainty and more pressure on tech companies to make a profit, an industry report said on Thursday. The annual report, by Alphabet's Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company, trimmed its forecast for 2025 from $363 billion in last year's report. "Amidst global...
Southeast Asia internet economy forecast cut on economic headwinds
Southeast Asia internet economy forecast cut on economic headwinds
Source: Reuters
27/10/2022 2:27:46 PM
Mumbai, Delhi get direct connectivity with Vietnam's Da Nang New Delhi, Oct 19t Mumbai and Delhi got direct connectivity with Da Nang city of Vietnam as the new direct Vietjet flights arrived at the Vietnamese on Wednesday. The airline said that the new flight routes will now bring Indian travellers to the heart of Vietnam, "positively" impacting travel, tourism, trade and culture. With the duration of only four-hour travel, passengers coming from India will have the opportunity to experience famous cultural hotspots, resort destin...
Mumbai, Delhi get direct connectivity with Vietnam's Da Nang
Mumbai, Delhi get direct connectivity with Vietnam's Da Nang
Source: IANS
19/10/2022 8:37:38 PM
India's rice exports set to fall 25% as levy make shipments expensive India's rice exports could fall by around a quarter this year as New Delhi's restrictions force buyers to switch to rival suppliers which are offering the grain at a cheaper price, trade and industry officials said. Late last week, the world's biggest exporter of the grain banned shipments of broken rice and imposed a 20% duty on exports of various other grades as the country tries to boost supplies and calm prices after below-average monsoon rainfall curtailed planting. &qu...
India's rice exports set to fall 25% as levy make shipments expensive
India's rice exports set to fall 25% as levy make shipments expensive
Source: Reuters
14/09/2022 3:08:09 PM
The Postcard Hotel recognised as 'Asia's leading boutique hotel brand In a spectacular ceremony held in Ho Chi Minh City, Vietnam, The Postcard Hotel, which is scaling new heights in providing unmatched experience luxury to discerning guests, wins various recognitions and makes a mark once more. The Postcard Hotel has been named "Asia's Leading Boutique Hotel Brand," and its list of important accolades also includes: * The Postcard Dewa, Thimphu, Bhutan, as 'Asia's Leading Boutique Hotel' * The Postcard Gir Wildlife Sanctuary,...
The Postcard Hotel recognised as 'Asia's leading boutique hotel brand
The Postcard Hotel recognised as 'Asia's leading boutique hotel brand
Source: IANS
11/09/2022 10:45:25 AM
6 more countries join ASEAN`s Treaty of Amity and Cooperation Six more countries signed the instrument of accession to the Treaty of Amity and Cooperation in Southeast Asia (TAC) here on Wednesday, bringing the number of state parties to the treaty of ASEAN to 49. Representatives from Denmark, Greece, the Netherlands, Oman, Qatar and the United Arab Emirates inked the instrument of accession to the treaty on the sidelines of the 55th ASEAN Foreign Ministers' Meeting (55th AMM) in Phnom Penh in the presence of ASEAN foreign ministers, Xinhua news ...
6 more countries join ASEAN`s Treaty of Amity and Cooperation
6 more countries join ASEAN`s Treaty of Amity and Cooperation
Source: IANS
3/08/2022 5:27:30 PM
Emerging Asian equities see first monthly inflows in seven months Emerging Asian equities ex-China saw monthly foreign inflows in July, after six months of capital withdrawals, as investors bet that the size of U.S. interest rate hikes would ease, and that a recent drop in commodity prices would temper surging inflation. Riskier assets were bolstered after the U.S. Federal Reserve's comments that "at some point" it would be appropriate to slow down its policy tightening. Data from stock exchanges in South Korea, India, Taiwan, the Philip...
Emerging Asian equities see first monthly inflows in seven months
Emerging Asian equities see first monthly inflows in seven months
Source: Reuters
3/08/2022 4:28:13 PM
VietJet to launch 13 new Vietnam-India routes, add Airbus planes Vietnam's budget airline VietJet Aviation will launch 13 new routes between the Southeast Asian country and India later this year, the company said on Monday, noting it also planned to add more Airbus A330 planes. The new routes to be launched from early September to early December will link Vietnam's major cities and its tourism island of Phu Quoc with Ahmedabad, Hyderabad, Bangalore, New Delhi and Mumbai, VietJet said in a statement. "We now prioritize expanding and incre...
VietJet to launch 13 new Vietnam-India routes, add Airbus planes
VietJet to launch 13 new Vietnam-India routes, add Airbus planes
Source: Reuters
18/07/2022 9:00:08 AM
Petrol prices in Vietnam spike for 12th time this yr Petrol prices in Vietnam have set another new record after being spiked for the 12th time this year. This is the third time that fuel prices have increased in the country this month, reports Xinhua news agency. From Tuesday, the price of RON95 bio-fuel per litre was raised by 498 Vietnamese dongs ($0.022) to a record-high of 32,873 Vietnamese dongs, reports Xinhua news agency. The price of E5 RON92 petrol rose by 185 Vietnamese dongs and that of diesel oil went up by 999 Vietnamese d...
Petrol prices in Vietnam spike for 12th time this yr
Petrol prices in Vietnam spike for 12th time this yr
Source: IANS
21/06/2022 4:21:41 PM
Essar to increase oil, gas exploration in Vietnam's Ken-Bau basin As part of increasing business collaboration and strengthening ties with Vietnam, Essar Exploration and Production, the exploration arm of Essar Group, on Sunday said it is committed to fast-track the development process of the Ken-Bau basin in Vietnam. Essar Exploration and Production is an emerging player in natural gas exploration and production worldwide. It and Ente Nazionale Idrocarburi have a significant investment in Block 114, located in the offshore area of central Vietnam. ...
Essar to increase oil, gas exploration in Vietnam's Ken-Bau basin
Essar to increase oil, gas exploration in Vietnam's Ken-Bau basin
Source: IANS
19/12/2021 4:49:49 PM
Advanced Enzyme Technologies surges on entering into distribution agreement with Azelis Singapore Advanced Enzyme Technologies is currently trading at Rs. 349.95, up by 5.95 points or 1.73% from its previous closing of Rs. 344.00 on the BSE. The scrip opened at Rs. 345.00 and has touched a high and low of Rs. 358.05 and Rs. 341.05 respectively. So far 10886 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 503.00 on 19-May-2021 and a 52 week low of Rs. 299.15 on 22-Dec-2020. Last one week high and low of the s...
Advanced Enzyme Technologies surges on entering into distribution agreement with Azelis Singapore
Advanced Enzyme Technologies surges on entering into distribution agreement with Azelis Singapore
Source: Accord Fintech
15/12/2021 12:38:17 PM
Vietnam to resume int'l commercial flights from Jan 1 The Vietnamese government has approved the resumption of regular commercial flights between Vietnam and international destinations which are highly safe from Covid-19 from January 1, 2022. According to the latest notice by the government, the destinations included those in China, Japan, South Korea, Thailand, Singapore, Laos, Cambodia and the US, Xinhua news agency reported on Saturday. The move is to restore international passenger transport, speed up economic and tourism recovery and ...
Vietnam to resume int'l commercial flights from Jan 1
Vietnam to resume int'l commercial flights from Jan 1
Source: IANS
12/12/2021 9:57:34 AM
Vietnam`s steel import rises sharply in 5 months Vietnam spent over 4.6 billion US dollars importing more than 6 million tons of steel and iron in the first five months of this year, up 37.9 per cent in value and 9.2 per cent in volume against the same period last year, according to the country's General Statistics Office on Wednesday. China was the largest supplier, followed by Japan, South Korea and India, the office said. In May alone, Vietnam imported 1 million tons of the products worth 913 million US dollars, declining 5 per...
Vietnam`s steel import rises sharply in 5 months
Vietnam`s steel import rises sharply in 5 months
Source: IANS
9/06/2021 2:43:13 PM
Vietnam lifts ban on transit by Boeing 737 MAX planes HANOI - Vietnam has allowed Boeing 737 Max planes to transit in the country after they were suspended in 2019 over safety concerns, state media reported on Tuesday, citing the Ministry of Transport. The ministry has approved a proposal from the aviation authority following reports on safety and the resumption of the operations of the aircraft elsewhere in the world, Tuoi Tre newspaper reported. The Civil Aviation Authority Of Vietnam (CAAV) in March 2019 suspended issuing licenses to 73...
Vietnam lifts ban on transit by Boeing 737 MAX planes
Vietnam lifts ban on transit by Boeing 737 MAX planes
Source: Reuters
6/04/2021 1:53:52 PM
Exclusive: Foxconn and Vietnam`s VinFast explore partnership, talks focus on batteries, EV parts TAIPEI/HANOI  - Vietnam's largest conglomerate Vingroup said on Friday its car unit was in early stage talks with Taiwan's Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts. Foxconn has proposed acquiring EV production lines owned by the unit VinFast, two sources familiar with the matter told Reuters on condition of anonymity as they were not authorised to speak to the media. But VinFast prefers a partn...
Exclusive: Foxconn and Vietnam`s VinFast explore partnership, talks focus on batteries, EV parts
Exclusive: Foxconn and Vietnam`s VinFast explore partnership, talks focus on batteries, EV parts
Source: Reuters
19/03/2021 3:03:16 PM