Vietnam to free nearly 3,800 prisoners in amnesty

Vietnam to free nearly 3,800 prisoners in amnesty

President To Lam. Vietnam will free nearly 3,800 prisoners in the country’s latest amnesty, the government said on Monday (September 30, 2024). | Photo Credit: REUTERS Vietnam will free nearly 3,800 prisoners including foreigners in the country’s latest amnesty, the government said on Monday (September 30, 2024). Vietnam has announced nine special amnesties since 2009, … Read more

India sends assistance to flood-hit Laos, Myanmar, Vietnam

India sends assistance to flood-hit Laos, Myanmar, Vietnam

New Delhi: Security personnel dispatch relief material to Typhoon Yagi-hit Myanmar, Vietnam and Laos. | Photo Credit: PTI India launched Operation Sadbhav to provide humanitarian assistance and disaster relief (HADR) to Laos, Myanmar and Vietnam that have been hit by severe flooding caused by Typhoon Yagi. India has committed $1mn worth of flood relief assistance … Read more

India major gainer of China+1, exports to soar to $835 billion by 2030: Nomura

India major gainer of China+1, exports to soar to 5 billion by 2030: Nomura

New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. India’s exports will likely surge to $835 billion by 2030 from $431 billion in 2023 with its large domestic market helping attract firms looking for … Read more

What can India learn from countries like Vietnam to become an export giant?

What can India learn from countries like Vietnam to become an export giant?

Like with the last episode of Business Matters, this one too was triggered by a headline I saw in an article: “India fears losing out to China in smartphone exports race”. This Reuters piece cited IT Minister of State Rajeev Chandrasekhar’s letter dated January 3 to Finance Minister Nirmala Sitharaman expressing fears that India’s high … Read more

China, Vietnam weigh rail link through rare earths heartland

China, Vietnam weigh rail link through rare earths heartland

This picture taken and released by Vietnam News Agency (VNA) on December 1, 2023 shows China’s Foreign Minister Wang Yi (L) shaking hands with Vietnam’s Deputy Prime Minister Tran Luu Quang in Hanoi. | Photo Credit: AFP China and Vietnam are working on a possible significant upgrade of their underdeveloped rail links to boost a … Read more

Vietnam detains energy policy think-tank chief, human rights group says

Vietnam detains energy policy think-tank chief, human rights group says

Vietnam has detained the director of a think tank that works on energy issues in the country — the sixth expert working on environmental and climate issues that authorities have taken into custody in the past two years, a rights group said Wednesday. Ngo Thi To Nhien, the executive director for Vietnam Initiative for Energy … Read more

US expects to upgrade Vietnam ties, risks China anger

US expects to upgrade Vietnam ties, risks China anger

The United States expects to elevate its diplomatic relations with former foe Vietnam to the top level as President Joe Biden travels to Hanoi in a week, in a move that may irk China and with unclear business implications. Fearful of the potential reaction from its much larger neighbour, Vietnam had initially expressed caution about … Read more

India’s services sector exports’ basket can expand dramatically: Suresh Prabhu

India’s services sector exports’ basket can expand dramatically: Suresh Prabhu

The basket of India‘s services sector exports has the capacity to expand “dramatically”, contributing in a big way to the Centre’s USD 2-trillion target for shipments by 2030, former Union minister Suresh Prabhu said here on Friday. Prabhu, a former commerce and industry minister, said the nature, spectrum and volume of services exports will change … Read more

Hundreds of thousands evacuated as Typhoon Noru makes landfall in Vietnam’s Da Nang | CNN

Hundreds of thousands evacuated as Typhoon Noru makes landfall in Vietnam’s Da Nang | CNN

CNN  —  Typhoon Noru made landfall near Vietnam’s popular beach resort city of Da Nang on Wednesday morning, bringing powerful winds and heavy rain as hundreds of thousands of people were evacuated. Noru hit Vietnam at 5 a.m. Wednesday local time, according to CNN Weather, less than 36 hours hours after it left a trail … Read more

Indian rice rates jump on sound demand amid concern over possible export curbs

Indian rice rates jump on sound demand amid concern over possible export curbs

Prices of rice from top exporter India this week climbed to their highest in more than a year, boosted by strong demand amid concerns over a possible restriction on exports of some grades of the staple. India’s 5% broken parboiled variety was quoted at $379 to $387 per tonne, their highest since June 2021, from … Read more