Vietnam Financial News

batteries have taken centre stage. As major automotive markets rapidly embrace EVs, there's a robust demand for batteries, opening vast opportunities for EV battery manufacturers. Companies, big and small, are now diversifying with an eye on the EV battery value chain.

New Delhi: Union steel minister Jyotiraditya Scindia said India becoming a net importer of steel between April and November this fiscal year is not a concern for the government, terming the imports a drop in the ocean of total steel consumption in the country. “Indian steel production has gone up by 12.9% y-o-y (year-on-year). So, more steel is being produced, but the demand is also much more," he said.

VinFast Auto is setting up an electric vehicle (EV) and battery manufacturing facility at Thoothukudi, near Chennai, which will have the capacity to produce 150,000 EVs in the first phase, a person aware of the developments told ET. The total investment in the 400-acre facility could eventually touch as much as $1 billion or even more, the person said, adding that VinFast is likely to make an official announcement on Saturday.

The Ethereum Foundation has announced that Devcon 7, the Ethereum developer conference, will be hosted in Bangkok, Thailand, from November 12 to 15, 2024. The decision reflects an expansion of the event’s vision, with a focus on embracing the entire Southeast Asia region as the stage for the community gathering.

Indian Cyber Crime Coordination Centre (I4C) said Wednesday. Over 4.52 lakh cyber crime cases were reported on the National Cybercrime Reporting Portal (NCRP) in 2021, which rose by 113.7% in 2022, with 9.66 lakh cases being reported on the portal, director of I4C Rajesh Kumar told reporters in an interaction. I4C is a body established by the Ministry of Home Affairs to provide a framework and eco-system for law enforcement agencies for dealing with Cybercrime in a coordinated and comprehensive manner.

The U.S. Coast Guard said a large cargo ship with an active fire in its hold is being kept 2 miles offshore of an Alaska port as a precaution while efforts are undertaken to extinguish the flames

The lithium-ion battery fire burned for days on a ship off the coast of Alaska.

The numbers represent both an opportunity and a challenge: India has 63 million micro, small and medium enterprises (MSMEs), contributing almost a third of the country’s GDP and half of its exports, with an equal spread between rural and urban areas, that are mostly short of credit. Given the tailwinds behind India’s economy, the MSME sector will keep growing in size, especially as it is formalized. However, for the sector to reach its true potential, qualitative growth is important.

Mumbai. The black ants have been shared as garnish for the beverage. The video has been shared by Instagram user Nitin Tewari, whose handle read mr.bartender.

MV Chem Pluto, approximately 220 nautical miles South West of Porbandar indicates a shift in maritime incidents closer to Indian EEZ," the Indian Navy said. The Navy said the overall situation is being closely monitored by the Indian Navy in coordination with national maritime agencies. "The Indian Navy remains committed to ensuring the safety of merchant shipping in the region," the statement added.

container ships that typically transit the key maritime artery of the Red Sea and Suez Canal are rerouting after a multitude of attacks by Iran-backed Houthi militants. Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight. Meantime, the economy in Vietnam exceeded expectations this year and is poised for better results in 2024.

organisations have so far confirmed to be partners for the upcoming Vibrant Gujarat Global Summit (VGGS) 2024, the state government said on Saturday. The 10th edition of VGGS, based on the 'Gateway to the Future' theme, will be organised in Gandhinagar from January 10 to 12.

By Khanh Vu

(Updated — December 28, 2023 11:58 AM EST)

India and the Philippines in the disputed South China Sea, the Chinese military on Thursday said defence cooperation between different countries should not harm the interests of third countries and regional peace. Answering a question from Chinese official media about naval exercises between an Indian naval ship and the Philippines naval vessel besides plans by France to hold naval and air drills with the Philippine Navy, Spokesman of the Chinese Defence Ministry Senior Col Wu Qian said China has taken note of the reports.

Vietnam's Ho Chi Minh City to the Australian city of Melbourne, he did not imagine he would see. He got a strange sight out of the plane window that has baffled the social media users. He uploaded it on TikTok and it has been seen more than 14 million times since early December. It is believed that he caught footage of Vietnam’s dragon fruit farms, which are lit up at night to trigger flowering and fruiting and extend the growing season.

Tom Smothers, half of the iconic Smothers Brothers duo and co-host of a groundbreaking and socially conscious television show, passed away at the age of 86. The National Comedy Center, speaking on behalf of his family, confirmed his death on Tuesday at his residence in Santa Rosa, California, following a battle with cancer. In a statement released on Wednesday, Dick Smothers, Tom's brother and the other half of the beloved comedy duo, expressed gratitude for a lifetime spent together both on and off stage for over 60 years. He described Tom not only as a cherished older brother but also as a unique and invaluable creative partner. The statement reflected on their relationship, likening it to a good marriage where mutual love and respect deepened over time.

Xi Jinping has promoted two naval officers, including a submarine expert, as top naval commanders which involves the Chinese navy's operations in the disputed South China Sea. Xi, who is also the chairman of the powerful Central Military Commission (CMC), the overall high command of the armed forces besides being the President and head of the ruling Communist Party, has presented certificates of order to promote two military officers to the rank of General, official media reported on Tuesday. General is the highest rank for officers in active service in China.

INS Imphal’ in Mumbai on Tuesday, Singh said, "India's growing economic and strategic power has filled some forces with jealousy and hatred." ALSO READ: MV Sai Baba with Indian crew, among other ships attacked by Houthi drone in Red Sea. Here's what we know so far He added that India has intensified patrolling of seas after recent attacks on merchant navy ships. "The Indian Navy has increased surveillance of the sea.

MV Chem Pluto on its arrival at Mumbai harbor. Officials said the Navy deployed P-8I long-range patrol aircraft for surveillance, and warships INS Mormugao, INS Kochi, and INS Kolkata in the region to maintain a “deterrent presence. This came given the spate of attacks on commercial vessels in the Arabian Sea.

Chinese state media accused the Philippines on Monday of repeatedly infringing on China's territory in the South China Sea, spreading false information and colluding with extraterritorial forces to cause trouble. The Philippines has relied on U.S. support to continually provoke China, with such "extremely dangerous" behaviour seriously harming regional peace and stability, China's Communist Party mouthpiece, the People's Daily, wrote in a commentary on Monday.