Party General Secretary Nguyen Phu Trong chaired a national conference on Tuesday to implement the Politburo’s new resolution for socio-economic development and defense-security safeguarding in the Red River Delta. Mr. Trong said the resolution views the Red River Delta as a strategic region with special importance in terms of politics,
Eurozone inflation has not peaked and could go even higher than currently expected, European Central Bank President Christine Lagarde said Monday, hinting at a series of interest rate hikes ahead. Speaking to the European Parliament Committee on Economic and Monetary Affairs, Ms. Lagarde said the ECB has increased its rate
Each Ambassador or head of a representative agency abroad needs to fulfil their responsibilities to the Party and people and use economic diplomacy to maintain Vietnam’s growth momentum and realize socio-economic development goals set out by the 13th National Party Congress, Minister of Foreign Affairs Bui Thanh Son said Monday at
Vietnam welcomed nearly 600,000 foreign visitors this month, up 23% from last month and 40 times higher from last year. According to the General Statistics Office and the Ministry of Planning and Investment, nearly 3 million foreign visitors came to Vietnam in the last 11 months, 21 times higher than
European Union governments failed to agree on Monday on a price cap on Russian seaborne crude oil. Poland insisted that the cap be set lower than proposed by the G7 to reduce Russia’s finance ability, observers said. No new date for talks has yet been set, even though the price
S&P Global Ratings lowered its 2023 growth forecast for emerging economies on Tuesday, citing persistent pressure from the Russia-Ukraine conflict, a lingering COVID-19 pandemic, and tight monetary policy conditions. The ratings agency now projects real GDP growth at 3.8% next year, down from its previous forecast of a 4.1% expansion.
Russia has postponed talks with the US on reducing nuclear arms under the Strategic Arms Reduction Treaty (New START), the Russian Ministry of Foreign Affairs said Monday without giving reason for the postponement. The talks, to be conducted by the Russian-US bilateral coordinating committee, were originally scheduled for November 29
