The report identifies that cashback spending is expected to experience significant growth in Vietnam, with a projected surge of 16.6 per cent annually. The medium- to long-term outlook for cashback spending in the country remains robust, with adoption anticipated to increase steadily until 2029. Cashback programmes in Vietnam are reshaping consumer behaviour and driving growth […]
The statement was made by Cho Hyun-joon, chairman of Hyosung Group, at a meeting with Prime Minister Pham Minh Chinh in Hanoi on October 14. Chairman Cho Hyun-joon said that Hyosung was the third-largest direct investor from South Korea in Vietnam. The group has so far invested about $4 billion and generated some 10,000 jobs in […]
The two power plants have a total planned capacity of 1,624MW and are expected to contribute more than nine billion kWh of electricity per year. At present, PV Power and its contractors are focusing on completing the final steps ahead of the pilot operation period. PV Power currently operates Vung Ang 1 thermal power plant, […]
Russia and the United States held their first face-to-face talks on ending the Ukraine war on Feb. 18 in Saudi Arabia and both US President Donald Trump and Russian President Vladimir Putin have said they hope to meet soon. After Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia’s […]
In a major retaliatory move against China, the United States is proposing expensive charges that could add millions of dollars in costs for ocean container lines and other carriers calling U.S. ports. The proposal by the office of the United States Trade Representative (USTR), published Friday in the Federal Register, sets fees as high as $1.5 […]
In an effort to help regulators bring some oversight to the crypto sector, the Financial Stability Board (FSB) is setting out to review the implementation of its previously issued, high-level recommendations for the sector — and ultimately to provide advice to regulators on dealing with implementation issues. In 2023, the global policy group issued its […]
The Economic Commission for Africa (ECA) and the African Continental Free Trade Area (AfCFTA) have signed a Memorandum of Understanding (MoU) to enhance trade implementation on the continent. A statement by the Executive Secretary of ECA, Claver Gatete, on Tuesday said the MoU was signed at the Africa Business Forum (ABF 2025) in Addis Ababa, […]
Gold’s price surge past $2,700 per ounce in October 2024 marked the beginning of a sustained rally. The momentum has only strengthened in 2025, with investors continuing to push the precious metal to new price highs. Several forces power this remarkable rise, including inflation concerns and central bank purchases. But what’s particularly interesting is gold’s relationship with the U.S. dollar. While […]
Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with the developments . Barrick has signed the agreement and it is now up to Mali’s government to formally approve the deal, the sources […]
During the recent price drop, only a few cryptocurrencies have managed to resist a massive decline, and SUI, the native token of the Sui blockchain, is one of them. The asset’s daily chart shows that SUI has remained above the crucial support level of $3 and the 200 Exponential Moving Average (EMA). Based on recent […]