Vietnam Financial News

Qantas says it provided feedback to Transport Minister Catherine King on a request from Turkish Airlines on July 7, two weeks before the minister denied the airline had asked for permission to fly to and from Australia.

archery on Friday when the Indian men's and women's teams surpassed expectations to clinch a silver and bronze respectively, their first medals since 2010, at the Asian Games here on Friday. Battling injuries, the recurve team of Ankita Bhakat, Simranjeet Kaur and Bhajan Kaur defied odds to clinch a bronze medal in the morning session. The fifth-seeded women's trio dropped just one set to down their Vietnamese rivals 6-2 (56-52, 55-56, 57-50, 51-48) and secure their first-ever Asian Games medal in the Olympic-discipline category since Guangzhou 2010.

Indian archers ended a 13-year long wait for a medal in recurve section at the Asian Games when the women's team of Ankita Bhakat, Simranjeet Kaur and Bhajan Kaur defeated Vietnam to win a bronze at the Asian Games here on Friday. Unfancied going into the continental showpiece, the fifth-seeded women's trio dropped a set to down their Vietnamese rivals Do Thi Anh Nguyet, Nguyen Thi Thanh Nhi and Hoang Phuong Thao 6-2 (56-52, 55-56, 57-50, 51-48).

Asian Games 2023: On Day 13 of the Asian Games 2023 in Hangzhou, India clinched the bronze medal in the women's recurve archery event by defeating Vietnam with a score of 6-2. In the women's kabaddi semifinal on Day 13 of the ongoing Asian Games 2023 in Hangzhou, India secured an impressive victory against Nepal, dominating with a final score of 61-17.

WASHINGTON—The Pentagon is poised to make controversial cuts to the Army’s storied special-operations forces, amid recruiting struggles and a shift in focus from Middle East counterterrorism operations to a threat from China. The Army is cutting about 3,000 troops, or about 10% from its special-operations ranks, which could include so-called trigger-pullers from the Green Beret commando units who have conducted some of the nation’s most dangerous and sensitive missions around the world, from the jungles of Vietnam to the back alleys of Baghdad. The reductions would enable the Army to rebalance toward the large conventional ground forces needed in a potential fight in Asia.

By Phuong Nguyen and Chavi Mehta

Vietnamese electric car maker VinFast said on Thursday its third-quarter revenues more than doubled as it ramps up deliveries and partnerships with U.S. dealers, and that it would set up a plant in India as part of its expansion drive. The company said in a filing to U.S. securities regulators that it made $343 million in revenues for the three months ended Sept. 30, up 159% on the same period last year. Its net loss widened 33.7% to $623 million, however, as it continued to rack up expenses.

VinFast on Thursday reported a 159% rise in third-quarter revenue as it ramped up car deliveries and sought to boost sales by partnering with dealers in the United States. In the filing, VinFast also said it would launch an assembly facility in India, the world's third biggest car producing nation, to take advantage of the South Asian government's incentives for EVs. VinFast, which is backed by Vietnam's largest conglomerate Vingroup, is gearing up to strengthen its foothold overseas.

BEIJING — Asia's competitive advantage was once cheap labor. Now, whether it's China, India or Japan, the region's edge lies in industrial services, KKR's heads of global and Asia macro said in an October note.

The European Commission is conducting risk assessments and considering export controls on “critical technology areas,” including artificial intelligence (AI) and semiconductor technologies, according to a press release from the ommission. 

Vietnam, Madan Mohan Sethi highlighted the cordial and friendly relationship between India and Vietnam, emphasizing their historical ties through civilization that spans over 2,000 years. «More than 400 Indian companies, small and big have invested in Vietnam for a cumulative value of more than USD 1 billion,» he said. He mentioned that both countries have collaborated in various areas, including trade, defense, and strategic cooperation. He noted the increasing number of Indian tourists visiting Vietnam, with over 400,000 Indian tourists estimated to have visited the country in recent times.

Su 30MKI fighter jet fleet is set to be upgraded under a plan that will include completely new avionics, radars and electronic warfare suites. Close to 100 of the fighters are to be upgraded in the first tranche that will be conducted entirely in India. Sources said the upgrade plan is valued in excess of Rs 60,000 crore and will touch all aspects of the fighter jet except for its airframe and engines.

The judge deciding the future of former President Donald Trump’s real estate empire has driven a taxi cab, played in a band and protested the Vietnam War

Manipur’s Bishnupur district, a little girl spent her free time punching and kicking at an improvised punching bag she made at her residence, paving her way to learn Wushu at Sports Authority of India (SAI) training centre in Imphal. On Thursday, the girl – Naorem Roshibina Devi — clinched a silver medal in the women’s 60-kg Sanda final at the ongoing 19th Asian Games in Hangzhou, China. In the match, Xiaowi Wu of the host country defeated her 2-0. Roshibina had hoped to script history by clinching India’s first gold in Wushu at the Asian Games after her terrific performance at the semi finals defeating Vietnam’s Thi Thu Thuy Ngyugen 2-0, needing only 2 rounds of 2 minutes each. “ I’m happy about my performance but I could have been happier if I would have been the champion and also if the situation in my home state was resolved” said the talented and aggressive Sanda fighter while reacting to the media after the final bout.

WASHINGTON (Reuters) — Albemarle (NYSE:ALB) Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials in multiple foreign countries, the Department of Justice said on Friday.

Tesla Inc. The lawsuit alleges that Tesla has allowed the persistent harassment of Black employees at its main assembly plant in Fremont, California. These allegations closely resemble cases brought forward by both the state and Tesla's own employees.

Officials across Germany are sounding the alarm that they are no longer able to accommodate migrants who are applying for asylum

L’amant Café, Vietnam’s premier organic coffee brand, is all set to enter the Indian market. This follows the brand signing an MoU with its Indian partner Rayanssh Impex, announcing the café’s mission to introduce Vietnamese organic coffee.

Hangzhou: The men's 10m air pistol team continued India's success story at the Asian Games here, winning gold with two marksmen also making it to the individual finals on Thursday. The team of Sarabjot Singh, Arjun Singh Cheema and Shiva Narwal narrowly beat the Chinese team to take the top podium and earn India its fourth gold medal from the shooting ranges.

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) If VinFast Auto goes ahead with its investment plan then it would be the first-ever Vietnamese automaker to set up its market in India. Last month, VinFast Auto became the world's third-largest automaker by market capitalisation behind Tesla and Toyota.

The urgency for Southeast Asian nations to switch to clean energy to combat climate change is breathing new life into a 20-year-old plan for the region to share power