Argentina pulls out of plan to join BRICS

Argentina pulls out of plan to join BRICS

(VOVWORLD) -Argentina declined to join BRICS club of emerging economies, said the country’s new President Javier Milei in a letter on Friday to the leaders of Brazil, Russia, India,...
Top 10 world events in 2023 selected by VOV

Top 10 world events in 2023 selected by VOV

(VOVWORLD) - Conflicts in many parts of the world, a gloomy global economy, the improved role of developing countries, and AI’s gigantic development are among the top ten world events...
2023 sees global trade recession but hope is in sight

2023 sees global trade recession but hope is in sight

(VOVWORLD) - Persistentinflation and high interest rates, slow recovery of many major economies, geopolitical instability, and rising public debt in many countries have caused a global trade recession this year. Economists say...
PM attends plenary session on economic diplomacy

PM attends plenary session on economic diplomacy

(VOVWORLD) - Prime Minister Pham Minh Chinh delivered a speech at the plenary session on economic diplomacy to serve national development as part of the 32nd Diplomatic Conference on Thursday in...
ADB raises economic growth forecast for Asia

ADB raises economic growth forecast for Asia

(VOVWORLD) -The Asian Development Bank (ADB) has raised its economic forecast for developing economies in Asia and the Pacific, after robust domestic demand drove higher-than-expected growth in China
UN warns of bleak global humanitarian situation

UN warns of bleak global humanitarian situation

(VOVWORLD) - The United Nations said that the global humanitarian situation will worsen as conflicts and climate change make communities more vulnerable and UN agencies’ operational budgets shrink
Global trade to drop 5% this year

Global trade to drop 5% this year

(VOVWORLD) - Global trade is set to contract 5% in 2023, the UN Conference on Trade and Development (UNCTAD) said Monday, and its forecast for 2024 was pessimistic