Latest Articles by Ishita Agarwal

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LOTTE contributes VNĐ3 Billion for typhoon relief in Vietnam

In response to this unprecedented disaster, LOTTE Group and its subsidiaries—such as LOTTE Department Store, LOTTE Mall West Lake Hà Nội, LOTTE Mart, LOTTE E&C, LOTTE Hotels, and LOTTE Rental—mobilized their resources to assist affected communities swiftly. The group's representatives presented VNĐ1.6 billion to the VFF office in Hà Nội, VNĐ1.1 billion to the VFF branch in Ho Chi Minh City, and an additional VNĐ300 million to VFF branches in Hạ Long City, Long An, and Bình Dương provinces.

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Celebrating one year of Vietnam-U.S. comprehensive strategic partnership

Since the elevation of their relationship to a comprehensive strategic partnership, Vietnam and the U.S. have engaged in robust dialogues aimed at addressing global challenges and regional stability. High-level exchanges, including visits from both countries' leaders, have strengthened mutual understanding and commitment to shared values such as democracy, human rights, and sustainable development.

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Vietnam proposes National Economic Sectors System with emphasis on green economy

The proposed economic sectors system categorizes the economy into five levels, starting with 22 primary sectors at Level 1, identified by alphabetical codes from A to V, and extending to a comprehensive 733 sectors at Level 5, defined by numerical codes. A notable aspect of this draft is its focus on integrating green economic principles into the framework.

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Taiwan business confidence dips amid economic challenges

In particular, the steel and iron sectors are bracing for tougher conditions as the central bank has tightened lending terms to cool the housing market. The new regulations require homebuyers with existing property to make down payments of 50% to 70%, a measure aimed at curbing speculative buying. While these restrictions do not apply to first-time buyers or specific urban renewal projects, they are expected to have a cooling effect on the overall property market, further impacting related industries.

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Taiwan’s industrial production surges 13.42% driven by electronics demand

Huang Wei-jie, Deputy Director-General of the Department of Statistics at Taiwan, attributed this robust performance to restocking requirements linked to new technology product launches and substantial investments by U.S. tech giants in AI development. While the momentum in industrial production appears sustainable, Huang cautioned that growth may slow slightly in September as some non-tech firms face challenges and opt for maintenance inspections, as indicated by the ministry’s monthly survey.

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Taiwan shares rise 0.43% amid strong trading volume

This upward movement in share prices comes amidst a backdrop of positive sentiment in the market, driven by various factors including strong corporate earnings reports and stable economic indicators. Investors appear optimistic, buoyed by recent developments in the tech sector, which remains a cornerstone of Taiwan's economy. Notably, major companies listed on the Taiwan Stock Exchange have reported better-than-expected quarterly results, contributing to a favorable outlook for the market.

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U.S. Dollar gains against Taiwan Dollar in recent trading session

During the trading day, the U.S. dollar opened at NT$31.870 and fluctuated within a range of NT$31.830 to NT$31.905, indicating a relatively stable trading environment despite minor variations. The total turnover for the session was recorded at US$1.084 billion, suggesting active participation from traders and investors.

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Malaysia poised for growth with energy surplus and SEZ development

He noted that various energy projects across Malaysia are set to increase production capabilities. “Taken together with energy-focused initiatives in all states, we are confident of a surplus of energy that feeds developments such as the JS-SEZ, while also allowing for growth in our energy exports,” he stated.

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