Vietnam Financial News

Toyota Motor Co. halted shipments of six car models in some Southeast Asian countries as its subsidiary Daihatsu Motor Co. faces a widening safety scandal, the Yomiuri reported without citing sources.

Indian Navy swiftly responded to the maritime incident involving a drone attack on MT Chem Pluto in the Arabian Sea and continues to monitor the situation very closely with all stakeholders, the Ministry of Defence informed in a press release. The vessel with 22 crew (21 Indian and one Vietnamese) was reported on fire after being hit by a projectile at around 7:45 am on December 23 likely to be a missile or drone. Responding swiftly to the developing situation, the Indian Navy diverted a maritime patrol aircraft operating in the area to undertake routine surveillance. Indian Navy also diverted the Indian naval ship Mormugao to assess the situation and provide assistance to MT Chem Pluto. The naval maritime patrol aircraft overflew MT Chem Pluto at 1:15 pm on December 23 and established contact with the crew.

drone attack on an Indian cargo vessel on the high seas, defence expert Wg Cdr (retd) Praful Bakshi on Sunday said the incident marks a security concern for the country and the entire world as the ship came under fire in an 'innocent area' outside the conflict zone. Speaking on Sunday, the former Indian Air Force (IAF) officer said the suspected drone strike spells concern as it was carried out within the Exclusive Economic Zone of the subcontinent and there were several Indians on board the vessel. «It is very surprising because now you can see the action that was going on around Israel and Gaza, the Red Sea, etc., is now spilling over into the Arabian Sea. That doesn't augur well for the security of this area.

Indian Navy warship INS Mormugao reached MV Chem Pluto, the India-bound merchant vessel, which was 'attacked' by an Iranian drone, on Saturday night and ascertained details of the attack, officials informed on Sunday. According to officials, the Indian Navy has opened an investigation into whether the drone used to attack the vessel was launched from long range or from a nearby vessel. «The vessels operating in the area where the attack took place are being checked,» an official told ANI.

Some writers sell fantasy, romance or mystery. Former Navy SEAL Jack Carr trades in his precise knowledge of guns and battlefield tactics. In Carr’s latest novel, “Only the Dead," battle-scarred James Reece opens a family trunk full of deadly weaponry.

Ford Motor Co. unexpectedly abandoned plans to sell its Tamil Nadu plant, its sole remaining factory site in the country, after finalising a deal with the Sajjan Jindal-led JSW Group recently, said people with knowledge of the matter.

Squid Game: The Challenge" victor Mai Whelan, also known as Player 287, was besides excelling in the intense series, has a distinguished career as a navy veteran. Although Mai briefly mentioned her 20-year service on the show, the humble 56-year-old has complete array of prestigious military awards she has earned.

popular international destination in 2023, as per global travel marketplace Skyscanner that shared a wrap-up of how India travelled in 2023. Bangkok was the second most popular international destination for Indian travellers this year. «From savoring street food delights in bustling markets to exploring ornate temples like Wat Pho and indulging in the vibrant nightlife along Khao San Road, the city known for its bustling energy and cultural richness captivated Indian travellers in 2023,» Skyscanner said in a statement.

fire for one of its ad campaigns which portrayed a model carrying a mannequin wrapped in white cloth that resembled the type of Muslim burial shrouds that have covered Gazans killed in the war. The company has since apologized and explained that it was shot months before Hamas attacked Israel. But in light of current events, they could have chosen different photos from the campaign shoot—or simply not have run it at all.

Google Doodle on Sunday celebrated Ha Long Bay in Vietnam, situated in the Gulf of Tonkin within the Quang Ninh province. According to the description, this geological marvel took shape around 3 million years ago.

NEW DELHI, MUMBAI : The ministry of steel has begun consultations with domestic producers to explore strategies for reining in imports as these have exceeded exports from India, the world’s second-largest producer of the alloy. India imported 4.3 million tonnes of steel between April and November this year, as against exports of 4 million tonnes, becoming a net importer of the alloy. Experts attribute the shift in the trade balance to low international prices of steel and higher domestic prices, which not only made imports viable but also inhibited exports.

visa-free destinations as their ideal choice of international destination. As per MakeMyTrip, countries that removed visa requirements for travelers from India have seen over 30 percent positive uptick in terms of searches and bookings. Ahead of the Christmas vacation, several Asian countries including Malaysia, Thailand, Vietnam, Sri Lanka have recently announced that they are implementing visa-free entry for visitors from India and other countries.

Building China-free supply chains is tough. Sometimes it means dealing with lizards that don’t have legs and sands that are radioactive. That is the case with making rare-earth magnets—a powerful piece of tech that is as crucial to jet fighters and wind turbines as it is to smartphones and electric cars.

Yellen said former President Donald Trump's policies toward China left America «more vulnerable and more isolated» in the global economy, a rare jab by her at the front-runner for the Republican presidential nomination. Yellen, at a US-China Business Council event Thursday night, said the Trump administration «failed to make investments at home in critical areas like infrastructure and advanced technology, while also neglecting relationships with our partners and allies that had been forged and strengthened over decades.» Her comments come as the US rebuilds its relationship with the Asian superpower, including a November meeting between US President Joe Biden and Chinese President Xi Jinping in San Francisco. The two nations agreed to curb the production of illicit fentanyl, a deadly component of drugs sold in the United States, and agreed to resume military-to-military communications.

Alongside multi-currency operating accounts and global payment connectivity, Pave Bank is also promising a regulated platform for businesses to transact in stablecoins, Central Bank Digital Currencies, and tokenized Real World Assets.The startup is founded by seasoned banking and fintech executives, Salim Dhanani (CEO), Simon Vans-Colina (CTO) and Dmitry Bocharov (COO). Dhanani was at the World Bank before moving to Carta Worldwide and then co-founded fintech lender and payments business BigPay in Southeast Asia.

The report also revealed that the majority of active funds in the universe had outperformed their benchmarks and peer groups over the long term.

military exercise in Vietnam on Monday, in sync with the expanding strategic engagement between the two countries against the backdrop of common concerns over China's increasingly aggressive behaviour in the South China Sea. The aim of the exercise is to foster a collaborative partnership and promote interoperability between the two forces, the Indian Army said. «The joint exercise will help in promoting understanding and interoperability between the two contingents and further strengthen the defence cooperation between the friendly armies,» it said.

MetaMask, a prominent cryptocurrency software wallet, has announced its expansion into six countries through new partnerships. 

By Tetsushi Kajimoto

By Phuong Nguyen

The trust said that its second largest shareholder, which holds 11% of the total issued share capital, cast 23% of votes at the AGM and voted in favour of the discontinuation of the trust.