Outstanding loans to the Vietnamese real estate sector in the first half of 2023 surged by 17.4 percent, exceeding the 10.7 percent growth rate of the whole of 2022, local…
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Finance
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VinFast Auto’s wild debut as a publicly traded company brought its founder along for the ride. The Vietnamese electric-vehicle maker’s shares closed at $15.40 Friday, ending a roller-coaster week that…
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Vietnam’s government is racing to help businesses access loans as slowing exports continue to be a drag on the trade-reliant economy, putting at risk the nation’s growth target this year.…
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Prime Minister Pham Minh Chinh has issued a directive aimed at fostering economic growth by further reducing interest rates and revising up the credit growth limit. The directive, issued on…
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AsiaBusinessCryptocurrencyNewsWorld News
Crypto is Sweeping South and SE Asia. Here’s Why it Matters to the Rest of the World
A new dawn is breaking in the world of cryptocurrencies, and it’s rising in South and Southeast Asia. An intriguing phenomenon is unfolding, as five countries from this region —…
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Thirty-seven countries have imposed economic sanctions on Russia since its invasion of Ukraine in February 2022. The breadth of this campaign has few precedents in recent history. The sanctions covering…
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Cambodian Prime Minister Hun Sen has urged the public not to panic-withdraw funds from their bank accounts amid concerns following the recent bankruptcy of two major US lenders, as industry…
