US and Vietnam sign agreement on new embassy location

The United States and Vietnam on August 25 signed an agreement on the location of new embassies in the capitals of both countries on the occasion of Vice President Kamala Harris’ visit to Vietnam. Writing on Facebook, the US embassy…
World Bank: Three big risks to Vietnam’s economic outlook

Despite the positive economic outlook, the World Bank believes that Vietnam needs to handle high financial, financial, and social risks. According to the latest forecast of the World Bank (WB), Vietnam’s economic growth in 2021 could reach about 4.8%, and…
Vietnamese airlines face bankruptcy risk due to COVID-19

On August 24, the Vietnam Aviation Business Association (Vaba) announced that due to Covid-19, revenue of its airlines members decreased by 80-90%, cash flow was severely short, principal and interest debt increased. This situation puts the airline business on the…