Vietnam Financial News

Joe Biden who departed to India to attend the G20 Summit does not intend to meet with Chinese Premier Li Qiang this weekend, as reported by Bloomberg. The president’s national security advisor, Jake Sullivan, briefed reporters on the summit agenda after the president left Washington on the trip, which will also take him to Vietnam. “We don’t have a plan for the president to engage with the Chinese premier at this time," Sullivan said as quoted by Bloomberg.

Asia Summit on Thursday that «the need of the hour is an Indo-Pacific where international law, including UNCLOS (United Nations Convention on the Law of the Sea), applies equally to all countries, where there is freedom of navigation and overflight, and where there is unimpeded lawful commerce for the benefit of all». He also addressed the India-Asean Summit in Jakarta, where he unveiled a 12-point plan across sectors ranging from connectivity to digital public infrastructure (DPI) and counter-terrorism. "India believes that the Code of Conduct should be effective for the South China Sea, be UNCLOS compliant and, in this, the interests of those countries which are not part of the discussions should also be kept in mind," the PM said. At the East Asia Summit, the PM pitched for everyone's commitment and joint efforts to strengthen the sovereignty and territorial integrity of all countries against the backdrop of China's increasing military assertiveness in the South China Sea.

President Joe Biden wants to show the world at the Group of 20 summit in India and during a stop in Vietnam that the United States and its like-minded allies are better economic and security partners than China. White House officials said Biden, who departed Thursday evening for New Delhi, will use the annual G20 gathering as an opportunity for the U.S. to highlight a proposition for developing and middle-income countries that would increase the lending power of the World Bank and International Monetary Fund by some $200 billion.

Joe Biden on Thursday left for India to participate in the historic G20 Summit in New Delhi to be chaired by Prime Minister Narendra Modi. Biden will follow the COVID-19 guidelines of the Centers for Disease Control and Prevention (CDC) during his visit to India for the G20 Summit, the White House has said. First Lady Jill Biden, 72, tested positive for COVID-19 on Monday.

Hackers have been using a Windows tool to drop cryptocurrency-mining malware since November 2021, according to an analysis from Cisco’s Talos Intelligence. The attacker exploits Windows Advanced Installer — an application that helps developers package other software installers, such as Adobe Illustrator — to execute malicious scripts on infected machines. 

Joe Biden leaves for the G20 in India on Thursday, aiming to boost alliances at a summit where global tensions will be highlighted by the absence of the leaders of China and Russia. Biden will try to show that on big transnational issues, Washington is a better partner than Beijing or Moscow -- and that the G20 remains a key forum.

Indonesia’s president has issued a stark warning after wrapping up a summit of Southeast Asian countries that was joined by China, the United States and Russia

Music can jazz up a political campaign—until the artist wants out. GOP presidential hopeful Vivek Ramaswamy courted trouble with the rapper Eminem when he spit an offbeat rendition of “Lose Yourself" in Iowa last month. Like other outraged musicians, Eminem through his representatives sent the campaign a cease-and-desist letter.

President Joe Biden hopes to demonstrate to the world at the upcoming Group of 20 summit in India and during a visit to Vietnam that the United States and like-minded allies can be more trustworthy partners than China on economic and security issues

COVID-19 pandemic. His remarks come amidst growing concerns over China's assertive actions in territorial disputes, which were highlighted by Beijing's release of a controversial map claiming territories of other nations as part of China. India, Japan, Indonesia, Malaysia, the Philippines, Vietnam and Taiwan have protested against the Chinese map.

map," China has been questioned by various countries with many of them lodging protests against the nation. Japan is the latest country to join the others in rejecting Beijing's map. According to Matsuno Hirokazu, chief cabinet secretary of Japan, the map's description of the Senkaku Islands is based on Beijing's claims. Hirokazu said the islands are unquestionably an «inherent part» of Japan's territory, in terms of both history and international law, according to Japanese public broadcaster, NHK World. He said that Japan has lodged a strong protest with Beijing via diplomatic channels and has demanded an immediate retraction of the description on the map. However, a Chinese foreign ministry spokesperson dismissed the Japanese government's protest over a description of Japan's Senkaku Islands in a new map released by Beijing, according to NHK. Notably, Japan controls the islands.

Narendra Modi on Thursday pitched for everyone's commitment and joint efforts to strengthen the sovereignty and territorial integrity of all countries. In an address at the East Asia Summit, Modi also said that India believes that the Code of Conduct for the South China Sea should be effective and compliant with the UN Convention on the Law of the Sea (UNCLOS). His comments came days after a number of ASEAN member countries such as Malaysia, Vietnam and the Philippines reacted sharply to Beijing's territorial claim over the South China Sea in its latest edition of the «standard map of China». On August 28, Beijing released the 2023 edition of the «standard map of China» which includes Taiwan, the South China Sea, Arunachal Pradesh and Aksai Chin as Chinese territories.

Multiple government-owned websites are being leveraged by crypto scammers to con visitors with fake redirection links related to the popular crypto wallet, MetaMask.

tax impact, which is actually outside. But yeah, I will, of course, welcome if there are any tax sops and stuff like that, but honestly, that’s not the big challenge. But one way or the other, we want to figure out how to come back whether we get something special or not.

SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia.

Japanese financial holding company SBI Group has announced that its international remittance services arm, SBI Remit, has partnered with Ripple and SBI Ripple Asia to offer an XRP (XRP) remittance service to bank accounts in several Southeast Asian countries.

₹200 per kg of leaf, and will collapse without urgent financial support. According to industry reports, 50 of the 87 registered gardens that qualify for the “Darjeeling Tea" GI tag, are up for sale. India’s overall production of tea has remained flat for several years at around 1.3 billion kgs, while the average price of CTC tea fell to ₹171 per kg in FY23.

Narendra Modi will also embark on his visit to Indonesia on Wednesday to attend the summits tomorrow. The forthcoming ASEAN-India Summit will be the first Summit since the elevation of ties between India and the Association of South East Asian Nations bloc of countries to a Comprehensive Strategic Partnership in 2022.

Cryptocurrency wallet MetaMask has announced the launch of a feature allowing users to sell Ether for fiat currency.

Canada’s status within the Indo-Pacific region is set to get a boost as the Association of Southeast Asian Nations prepares to make Ottawa its latest strategic partner when Prime Minister Justin Trudeau visits Indonesia.

Crypto scams targeting MetaMask users are using government-owned website URLs to con victims and access their crypto wallet holdings.