south korea to invest 7 billion in ai by 2027

South Korea to invest $7 billion in AI by 2027

South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.
geopolitical tensions prompt a rethinking of trade

Geopolitical tensions prompt a rethinking of trade

Bouts of escalation in the Russia-Ukraine conflict continue to make headlines over the world. While the EU only grew by 0.5 per cent in 2023 with a prospective growth of 0.9 per cent in 2024, the Russian economy, despite the sanctions, grew by 3.6 per cent in 2023 and is expected to grow by 2.6 per cent in 2024.
wide ranging agreement opens up more diverse trade channels

Wide-ranging agreement opens up more diverse trade channels

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is set to expand its membership. Economist Raymond Mallon talked with VIR’s Thanh Dat about implications for Vietnam of expanded membership to include the United Kingdom and other countries.
thailand to set up new sez for clean energy

Thailand to set up new SEZ for clean energy

Thailand will establish a special economic zone (SEZ) in Chachoengsao province, east of Bangkok, to support clean energy development, including battery plants, to serve electric vehicle (EV) production, according to Director of the Eastern Economic Corridor (EEC) Office Chula Sukmanop.
prime minister works with japan business federation

Prime Minister works with Japan Business Federation

Vietnam always treasures ties with Japan and activities of its investors in the country, Prime Minister Pham Minh Chinh told a delegation from the Japan Business Federation (KEIDANREN) led by Masayoshi Fujimoto and Masayuki Hyodo, Co-chairmen of KEIDANREN’s Japan - Vietnam Economic Committee at a working session in Hanoi on March 28.
indonesia expands startups access to financing

Indonesia expands startups’ access to financing

Indonesia’s Cooperatives and Small and Medium Enterprises Ministry has continued to exert efforts to expand access to financing and investment to the country’s startup companies, Minister Teten Masduki said on March 27.
hoan my medical group partners with uks strasys

Hoan My Medical Group partners with UK's Strasys

To promote innovation in the healthcare industry, Vietnam’s largest private healthcare network, Hoan My Medical Group, signed an MoU on March 15 with Strasys, a top healthcare analytics and innovation consultancy from the United Kingdom.
eu chief proposes raising tariffs on russian grain

EU chief proposes raising tariffs on Russian grain

EU chief Ursula von der Leyen said Thursday Brussels was proposing raising tariffs on Russian and Belarusian grain to protect Europe's farmers and punish Moscow over its war on Ukraine.
imf board approves release of 880 mn for ukraine

IMF board approves release of $880 mn for Ukraine

The International Monetary Fund's executive board confirmed Thursday it will disburse $880 million to Ukraine in the third phase of a $15.6 billion aid package to support the country's war-torn economy.
airasia cambodia ready to take off starting with three domestic destinations

AirAsia Cambodia ready to take off starting with three domestic destinations

AirAsia Cambodia is ready to launch flights from Phnom Penh, Siem Reap, and Sihanoukville.
vietnamese agri exports to uk continue forward motion

Vietnamese agri-exports to UK continue forward motion

Vietnam is boosting exports, especially agro-forestry-fishery products, to the British market thanks largely to a bilateral trade deal.
uk journalist dazzled by beauty of ba na hills in da nang

UK journalist dazzled by beauty of Ba Na Hills in Da Nang

The sensational beauty of Sun World Ba Na Hills resort in the central beach city of Da Nang, one of Vietnam’s most famous tourism destinations, has wowed many visitors both home and abroad, including Jack Mortimer, a journalist of the UK’s Express newspaper.
uk vietnam trade pact already demonstrating value

UK-Vietnam trade pact already demonstrating value

The United Kingdom-Vietnam trade relationship is poised to reach new heights, buoyed by the celebration of 50 years of UK-Vietnam bilateral relations last year, guided by the continued implementation of the UK-Vietnam Free Trade Agreement (UKVFTA), and further boosted by the UK joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).
vietnam verifying information on migrants in uk town

Vietnam verifying information on migrants in UK town

The Vietnamese Embassy in the UK is working closely with competent authorities in the UK to fact-check the case that seven allegedly Vietnamese migrants were detected at Newhaven port in Lewes district of East Sussex county.
vinfast to hold groundbreaking ceremony for integrated ev facility in india

VinFast to hold groundbreaking ceremony for integrated EV facility in India

VinFast Auto announced on Wednesday that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu, India on February 25.