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Hanoi's residents endure upheavals as it transforms itself to match Vietnam's economic ambitions

Hanoi's residents endure upheavals as it transforms itself to match Vietnam's economic ambitions

Vietnam's capital Hanoi is undergoing one of its biggest transformations in a century, with billions of dollars in projects reshaping the city with new roads, urban districts and flood-control systems
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Small changes in Hanoi’s streets can mean big disruptions for those who depend on them

Small changes in Hanoi’s streets can mean big disruptions for those who depend on them

Vietnam's capital Hanoi is undergoing one of its biggest transformations in a century, with billions of dollars in projects reshaping the city with new roads, urban districts and flood-control systems
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EU and ASEAN Strengthen Ties with Comprehensive Strategic Partnership Plans

EU and ASEAN Strengthen Ties with Comprehensive Strategic Partnership Plans

The European Union (EU) is working to elevate its partnership with the Association of Southeast Asian Nations (ASEAN) to a Comprehensive Strategic Partnership level. This initiative was discussed during the EU-ASEAN Post-Ministerial Conference and the ASEAN Foreign Ministers’ Meeting, where EU High Representative/Vice-President Kaja Kallas emphasized the EU's commitment to deepening ties with ASEAN. The EU plans to adopt upgrades in its bilateral relations with the Philippines and Indonesia, following a similar upgrade with Vietnam earlier this year. These developments are part of a broader strategy to enhance cooperation between the EU and ASEAN, with a focus on addressing global challenges such as energy market disruptions and geopolitical tensions.
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Vingroup Expands Globally Amid Slowing Domestic Market in Vietnam

Vingroup Expands Globally Amid Slowing Domestic Market in Vietnam

Vingroup Expands Globally Amid Slowing Domestic Market in Vietnam
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Saudi Crown Prince Mohammed bin Salman Implements Vision 2030 Amidst Economic Challenges

Saudi Crown Prince Mohammed bin Salman Implements Vision 2030 Amidst Economic Challenges

Mohammed bin Salman, the Crown Prince of Saudi Arabia, is spearheading the Vision 2030 initiative, aimed at diversifying the Saudi economy beyond oil dependency. The plan includes reforms such as granting women driving licenses and reopening cinemas, alongside ambitious projects like The Line, a futuristic city. However, the initiative faces challenges, including delays in project completion and economic pressures. The Public Investment Fund (PIF) has grown significantly but has not yet met its 2030 targets. The Crown Prince is also navigating complex international relations, including strategic partnerships with the U.S. and investments in AI technology.
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LVMH Reports Increased U.S. Sales Amid Global Market Challenges

LVMH Reports Increased U.S. Sales Amid Global Market Challenges

LVMH Reports Increased U.S. Sales Amid Global Market Challenges
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Vietnamese Cargo Ship Sinks in South China Sea, 48 Rescued, 14 Missing

Vietnamese Cargo Ship Sinks in South China Sea, 48 Rescued, 14 Missing

A Vietnamese cargo ship, Khoi Nguyen 18, sank near Fiery Cross Reef in the South China Sea, leading to a multinational search effort for 14 missing crew members. The ship, which had 62 people on board, went down in bad weather. So far, 48 survivors have been rescued and are receiving medical care. The search involves Vietnamese, Philippine, and Chinese rescue teams, highlighting international cooperation in maritime emergencies.
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Philippines Seeks UN Recognition for West Philippine Sea Seabed Claim Amidst Regional Tensions

Philippines Seeks UN Recognition for West Philippine Sea Seabed Claim Amidst Regional Tensions

The Philippines has formally presented its claim for an extended continental shelf in the West Philippine Sea to the United Nations Commission on the Limits of the Continental Shelf. This move aims to secure sovereign rights over resources such as oil, gas, and minerals beyond the country's exclusive economic zone. The claim, which extends up to 350 nautical miles from the baselines, is part of the Philippines' strategy to uphold a rules-based order in the South China Sea. However, the submission has faced objections from China, Vietnam, and Malaysia, who assert their own claims over the region. The Philippines' effort follows a previous successful claim validated by the UN in 2012, which granted the country additional seabed rights.
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Vietnam Seeks Continued Support from WTO and WEF to Enhance Integration Capacity

Vietnam Seeks Continued Support from WTO and WEF to Enhance Integration Capacity

During a working visit to Switzerland, Vietnam's Deputy Prime Minister Nguyen Van Thang met with Jennifer DJ Nordquist, Deputy Director-General of the World Trade Organization (WTO), to discuss Vietnam's integration into the global economy. The Deputy Prime Minister emphasized Vietnam's commitment to a multilateral trading system and proposed that the WTO focus on reforming regulations to adapt to new international trade trends. Additionally, Vietnam is seeking to enhance its capacity in trade policy and legal advice to boost exports and attract investment. The World Economic Forum (WEF) is also involved, with Vietnam aiming to strengthen its cooperation with the WEF, particularly in areas like science, technology, and financial ecosystem development.
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IMF Director Georgieva Visits Argentina, Highlights Economic Opportunities

IMF Director Georgieva Visits Argentina, Highlights Economic Opportunities

Kristalina Georgieva, Managing Director of the International Monetary Fund, arrived in Buenos Aires, expressing enthusiasm for engaging with various sectors in Argentina. Her visit aims to gather firsthand information on the business climate, macroeconomic indicators, and investor expectations. Georgieva emphasized Argentina's potential in innovation and energy, sectors she believes can drive growth, create jobs, and build a prosperous future. Her agenda includes high-level meetings with national officials and a visit to Vaca Muerta, a key energy development area.
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How Lan Hongchun’s Teochew Film ‘Dear You’ Turned a Forgotten Postal Tradition Into China’s Unlikely Hit: ‘Dialect Is Never Going to Be a Liability...

How Lan Hongchun’s Teochew Film ‘Dear You’ Turned a Forgotten Postal Tradition Into China’s Unlikely Hit: ‘Dialect Is Never Going to Be a Liability...

Four people. One letter. An ocean between them. To send a letter home from Bangkok in the 1950s, an overseas Chinese laborer needed four people: himself, a scribe to put his words on paper, a reader to decode it at the destination and the person waiting to hear it read aloud. Lan Hongchun built a […]