Global economy: bright spots and challenges

Global economy: bright spots and challenges

(VOVWORLD) - In recent reports on the global economic outlook, most big financial institutions say that the world economy has escaped the threat of recession and is expected to record slight growth...
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 meets with IMF Managing Director in Indonesia

PM meets with IMF Managing Director in Indonesia

(VOVWORLD) - Prime Minister Pham Minh Chinh met with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on the sidelines of the 43rd ASEAN Summit and Related Meetings in Jakarta,...
Global economy shows signs of recovery but risks remain

Global economy shows signs of recovery but risks remain

(VOVWORLD) - International financial and economic institutions have adjusted their estimates of global economic prospects based on economic, trade, and investment activities in the first quarter of this year. Generally, the world...
WEF 2023: Cooperation to overcome crises

WEF 2023: Cooperation to overcome crises

(VOVWORLD) - The 53rd World Economic Forum (WEF) Annual Meeting opened in Davos, Switzerland on Monday. Themed "Cooperation in a fragmented world" the conference aims to rally international cooperation efforts and...
World Economic Forum 2023 summit kicks off

World Economic Forum 2023 summit kicks off

(VOVWORLD) - The 2023 World Economic Forum opened in Davos, Switzerland, on Monday, serving as a key platform to promote forward-looking solutions and address the most pressing global challenges through...
Saudi Arabia calls for Islamic summit

Saudi Arabia calls for Islamic summit

Saudi Arabia has called for an extraordinary summit of Muslim leaders next month to address the risks of “sedition” threatening Muslim countries. King Abdullah called for a solidarity meeting to ensure unity...