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Tag: Vietnam

Posted on August 18, 2023

Vietnam Tycoon Loses $18 Billion After Electric Car SPAC Sinks

After an astronomical rise in its first day of trading, VinFast Auto Ltd. is now coming back to Earth — erasing a chunk of its billionaire founder’s fortune. The Vietnamese electric vehicle-maker has …
Posted on August 17, 2023

Police investigate violent arrest; Aukus fight in Labor ranks; Indigenous Vietnam veterans identified

Shock at violent arrest of Aboriginal man with disability; Labor seeks to ward off dissent over Aukus nuclear submarine deal; researchers identify 285 Indigenous servicemen who fought in Vietnam
Posted on August 17, 2023

Is Vietnam’s EV darling heading for a crash?

The company is still a minnow in the EV business, but has big ambitions. In May Pham Nhat Vuong, the company’s founder and Vietnam’s richest man, said it hoped to sell 50,000 cars this year, up from 7,
Posted on August 17, 2023

Vietnam adheres to diplomatic policy of peace, friendship, cooperation: defense minister

Photo: Quan Doi Nhan Dan (People’s Army) newspaper Vietnam is consistent in applying its diplomatic policy of peace, friendship, cooperation, and development, Minister of National Defense Phan Van Giang said at the 11th Moscow Conference on International …
Posted on August 17, 2023

China appears to be building an airstrip on a disputed island in the South China Sea

Satellite images of Triton Island, an island in the Paracel group that is also claimed by Vietnam and Taiwan, suggest construction of a runway almost 2,000 feet long, analysts say.
Posted on August 17, 2023

US-Vietnam cooperation leads to return of two high-level fugitives to US

Following collaborative efforts between the Ministry of Public Security and US law enforcement entities to arrest two high-profile US fugitives, representatives of the US Marshals Service visited Vietnam from July 11-16, 2023 to identify ways to build on …
Posted on August 17, 2023

Activists campaign for shackled elderly zoo elephants to be released in Vietnam

The treatment of two elderly elephants at the Hanoi public zoo has drawn outrage in Vietnam, with animal rights groups demanding the pair be relocated.
Posted on August 17, 2023

Vietnam’s 2050 energy transition plan sparks green lending surge

The Power Development Plan 8 helps attract foreign lenders for green projects aligned with Vietnam’s 2050 clean energy goals. Green lending in Vietnam might have experienced a slow start in the past, …
Posted on August 16, 2023

China appears to be constructing airstrip on disputed South China Sea island that is also claimed by Taiwan

An airstrip appears to be being constructed by China on a disputed island in the South China Sea. The island is also claimed by Taiwan and Vietnam.
Posted on August 16, 2023

A 200% EV IPO bonanza has boosted the wealth of Vietnam’s wealthiest person eightfold to over $44 billion

VinFast’s stock opened at $22 apiece on Nasdaq — a surge of over 200% from the $10 per share price agreed upon with Black Spade Acquisition.

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