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...
Religion unity creates Vietnam strength

Religion unity creates Vietnam strength

(VOVWORLD) - These days Christians in Vietnam are joyfully celebrating Christmas. A festive atmosphere is spreading in parishes and dioceses. To mark the occasion, leaders of the Party, State, and local governments...
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
US DFC considers 500 million USD loan to VinFast

US DFC considers 500 million USD loan to VinFast

(VOVWORLD) - The US International Development Finance Corporation (DFC) has signed a letter of interest (LOI) with electric vehicles maker VinFast considering the Vietnamese company's application for a 500 million USD...