International news

Bangladesh is seeking $2 billion from the World Bank and the Asian Development Bank (ADB) amid efforts to bolster its foreign exchange reserves, Bloomberg News reported on Wednesday. Bangladesh's $416 billion economy has been one of the fastest-growing in the world for years, but rising energy and food prices because of the Russia-Ukraine war have inflated its import bill and the current account deficit. The government wrote letters to the two lenders seeking $1 billion each, the report said, citing people familiar with the matter. This comes days after Bangladesh's Daily Star newspaper reported that the country wanted $4.5 billion from the International Monetary Fund (IMF), including for budgetary and balance-of-payment support. Last week, IMF said it would discuss with Bangladesh its loan request. The country's finance ministry, World Bank and ADB did not immediately respond to Reuters requests for comment. Bangladesh's July to May current account deficit was $17.2 … [Read more...] about Bangladesh seeking $2 Billion from World Bank, ADB: Bloomberg News

Delegates inaugurate an international exhibition on livestock, dairy, meat-processing and aquaculture, ILDEX Vietnam 2022, on August 3 in HCM City. — Photo Khac Quang The 8th International Livestock, Dairy, Meat Processing and Aquaculture Exposition opened on August 3 at the Sai Gon Exhibition and Convention Centre in District 7. ILDEX Vietnam 2022 has attracted more than 200 exhibitors from 25 other countries and territories, including Austria, Belgium, Canada, China, Czech Republic, Denmark, France, Germany, Italy, Japan, Korea, Netherlands, Thailand, the US, and the UK. There are national pavilions from countries like France, the US, Italy, Korea, Brazil, Czech Republic and big brands in the livestock industry such as EVONIK, HUALI, BEHN MEYER, PEJA, LUCTA, and MIAVIT. Besides showcasing the latest machinery, technologies and business solutions for the livestock, dairy and aquaculture industries, the expo also features specialised seminars, a business matching programme, a … [Read more...] about International livestock, meat-processing, aquaculture expo opens in HCM City

China on Sunday shortened its suspension period for inbound international flights carrying Covid-positive passengers, signalling that Beijing could soon ease its strict border controls. Passengers at an airport in Shanghai. Photo by Globaltimes.cn) Incoming flights carrying five positive Covid-19 cases, or four percent of the total passengers, will now face a reduced one-week suspension, the Civil Aviation Administration (CAAC) said in a statement. Previously, if a plane brought in five infected passengers, all flights operated by the responsible airline along the same route were suspended for two weeks. Flights logging an eight percent passengers positivity rate will be barred for two weeks, CAAC said. The so-called circuit breaker mechanism has led to travel chaos, with flights into China being cancelled abruptly without the ability to rebook for weeks. China is the only major economy still holding fast to a zero-Covid strategy with snap lockdowns and … [Read more...] about China eases Covid suspension for international flights

Bitexco Group’s Chairman Vu Quang Hoi and Representative of The Dwight Schools, Chancellor Stephen Spahn, signed an agreement to establish the international Dwight School Hanoi. Photo: Bitexco Group Bitexco, one of the leading multidisciplinary economic groups in Viet Nam, with a history of 37 years operating in the fields of real estate, hydropower, construction, financial investment, mining, oil and gas, has expanded its activities to education. On August 11, the Bitexco Group and The Dwight Schools, a leading global network of International Baccalaureate (IB) World Schools, officially formed a partnership to establish the international Dwight School Hanoi, which the group says will realise its ambition to enhance the quality of education and educate the future generation of Viet Nam. The future school will combine the 150-year legacy of excellence from Dwight, a pioneer in the International Baccalaureate program, to deliver the most advanced co-educational program from … [Read more...] about Bitexco develops international school in Ha Noi

Delegates visit a booth at the Fire Safety & Rescue Vietnam-Secutech Vietnam-SMAbuilding 2022 international exhibition being held at the Saigon Exhibition and Convention Centre until August 20. — VNS Photo The Fire Safety & Rescue Vietnam-Secutech Vietnam-SMAbuilding 2022 international exhibition opened in HCM City’s Saigon Exhibition and Convention Centre on August 18 with 320 booths set up by over 250 exhibitors. The exhibitors are from 21 countries and territories, including the UK, India, Australia, China, Taiwan, Germany, Korea, the US, Japan, Italy and Viet Nam. Organised by the Viet Nam Advertisement and Fair Exhibition JSC and Messe Frankfurt Group, the event showcases products and technologies used in fire prevention and rescue, security and smart building and smart houses. To run until August 20, it will feature an international workshop on digital transformation in and technological solutions for fire prevention and fighting in super high-rise buildings and … [Read more...] about International exhibition on fire safety, rescue, smart building opens in HCM City

Mass yoga performance in Ho Chi Minh City (Photo: VNA) HCM City (VNA) – The 8th International Day of Yoga (June 21) was celebrated in Ho Chi Minh City and Quang Ninh province on June 21. Madan Mohan Sethi , Consul General of India in HCM City, said the event with the theme “Yoga for Humanity” aims to promote humanity’s community spirit towards a sustainable lifestyle, in harmony with the Earth in the context of resumption of activities in the post-COVID-19 pandemic period. Quang Ninh province coordinated with the Indian Embassy in Vietnam to hold the similar event in Ha Long city. VNA … [Read more...] about International Day of Yoga 2022 celebrated in Ho Chi Minh City, Quang Ninh