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It is unclear if the cuts in Vietnam reflect Samsung's general drop in production or a shift to other manufacturing countries. Smartphone output in the first 11 months of the year fell 6.1%. The GSO also said the value of Vietnam's smartphone exports in November fell 1% on the month and 0.7% from a year earlier. However, if demand remains sustained, the production cuts could exacerbate inflation in Europe and other importing regions. Imports also fell by 7.3%, signalling possible further production cuts because components and materials used for exported products are often imported for assembly in Vietnam.

☆ Analysis: Vietnam's anti-graft crackdown chills supply chains, investment
▼ + stars: | 2022-11-28 | by ( Francesco Guarascio | ) www.reuters.com time to read: +6 min

"If you don't do anything, you cannot do a mistake," Walde said of the current licensing paralysis caused by the bureaucratic anxiety. Germany is the second-largest exporter of drugs to Vietnam after France, according to 2020 data. SUPPLY SHOCKSThe negative economic consequences of the crackdown come on top of other challenges that Vietnam and other countries in Asia face, namely a weakening local currency, global supply constraints and declining world demand. "The crackdown won't be able to root out the widespread corruption if implemented without complete transparency and rule of law," said Hop. Reporting by Francesco Guarascio @fraguarascio; Additional reporting by Khanh Vu; Editing by Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Donald Trump will testify in New York court to defend his business empire
▼ + stars: | 2022-11-22 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Donald Trump will testify in person in 2023 to defend his company against New York's $250 million lawsuit. He's the lead defendant in the state attorney general's suit, which seeks to bar him from doing business in the state. The revelation came on Tuesday as lawyers for Trump and the attorney general's office clashed heatedly in court over setting a trial schedule. "Donald Trump and entities would like to have a jury trial," Habba told the judge. "I don't know why I, my staff, not to mention the attorney general's staff need to go through this all against.

☆ I couldn't let my mom sell our family's drive-in theater, so I took over. Now I work with Universal, Warner Brothers, and Paramount to bring hit movies to the cornfields of Idaho.
▼ + stars: | 2022-11-20 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +10 min

She says she never thought she'd come home to run her family's drive-in theater. Of course when you're young, you don't realize how special something like our drive-in really is. When I was younger I never imagined I'd run my family's drive-in theater one day — but I couldn't let my mom sell itMy parents had sold their indoor theaters over the years, so the drive-in was the last one my mom was still operating. With any drive-in theater, weather is the biggest determinant of turnout. The drive-in really brings the community together.

☆ The Inside Story of Adele’s Vegas Wardrobe
▼ + stars: | 2022-11-19 | by ( Derek Blasberg | Photography Raven B. Varona | ) www.wsj.com time to read: 1 min

“ONE OF ADELE’S SUPERPOWERS is the ability to give you déjà vu in the right way,” says Jamie Mizrahi. The L.A.-based celebrity stylist could be talking about Adele’s musical gift, but she’s actually discussing creating looks for the singer’s Las Vegas residency at the Colosseum at Caesars Palace, which opened last night. (Adele is performing in the same space Celine Dion once had hers.) “Even when she does something new or modern, it feels like the same Adele you first fell in love with,” says Mizrahi. “That’s the look we’re going for.”

☆ Vingroup, Gotion start building $275 mln battery plant in Vietnam
▼ + stars: | 2022-11-18 | by ( ) www.reuters.com time to read: +1 min

HANOI, Nov 18 (Reuters) - VinES Energy Solutions, a unit of Vietnam's largest conglomerate Vingroup JSC (VIC.HM) and China's Gotion High-Tech (002074.SZ), have commenced construction of a $275 million battery factory in the Southeast Asian country, Vingroup said on Friday. The factory in the central province of Ha Tinh will annually produce 30 million lithium iron phosphate (LFP) battery cells, the company said in a statement. The cells will be used for electric vehicle batteries and energy storage systems, it said, adding that the factory is scheduled to start production in the third quarter of next year. The factory will help meet the battery needs of VinFast, an electric vehicle production arm of Vingroup, it said. Reporting Phuong Nguyen; Writing by Khanh Vu; Editing by Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Cryptocurrencies slide as worries about FTX fester in latest crypto liquidity scare
▼ + stars: | 2022-11-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Crypto assets tied to Alameda, the trading company also owned by billionaire Sam Bankman-Fried, were suffering steeper losses. FTX Token (FTT), the native token of the FTX trading platform, has fallen 23% in the past 24 hours. The token tied to Ethereum competitor Solana , of which Alameda is a big backer, has lost 12%. Binance is the largest crypto exchange in the world by trading volume and was an early backer of FTX. Those revelations refer to rumors about the solvency of FTX, the second-biggest crypto exchange in the world by trading volume.

☆ Weakening global demand hurts Vietnam's garment makers - industry official
▼ + stars: | 2022-11-07 | by ( Khanh Vu | ) www.reuters.com time to read: +2 min

HANOI, Nov 7 (Reuters) - Vietnam's garment industry is expected to face a decline in orders from its key markets over the next two quarters, the country's textile and apparel association said on Monday, amid high inflation that is dampening global demand. The country is among the world's largest manufacturers for brands like Nike, Calvin Klein, Mango, Zara and H&M. He added however that exports this year were still expected to reach the target of $43.0 billion-$43.5 billion. The weakening of the dong currency has also added to the difficulties faced by some garment makers, as imports of their raw materials are more expensive, he said. But he added that exchange rate impacts are limited as the garment industry is now registering a trade surplus.

☆ Vietnam will stick to target to keep inflation under control, PM says
▼ + stars: | 2022-11-05 | by ( Khanh Vu | ) www.reuters.com time to read: +2 min

HANOI (Reuters) - Vietnam will stick to its target to keep inflation under control and ensure macroeconomic stability, Prime Minister Pham Minh Chinh said on Saturday, as the economy faces fresh challenges. The central bank has this year raised its policy rates by a combined 200 basis points and allowed the dong currency to weaken against dollar. Vietnam’s stock market has fallen by more than 20% while the dong currency has lost 6% against dollar over the past three months. “It’s getting more difficult to manage the macro economy,” Chinh said. He said Vietnam will consider raising the national fuel storage capacity and domestic fuel production to avoid future fuel shortages.

☆ Vietnam PM says will keep aiming to control inflation, ensure macro-stability
▼ + stars: | 2022-11-05 | by ( Khanh Vu | ) www.reuters.com time to read: +2 min

HANOI, Nov 5 (Reuters) - Vietnam will stick to its target to keep inflation under control and ensure macroeconomic stability, Prime Minister Pham Minh Chinh said on Saturday, as the economy faces fresh challenges. "It's getting more difficult to manage the macro economy," Chinh said. Vietnam's gross domestic product is expected to grow 8% this year, faster than an expansion of 2.58% last year. Chinh said the government will take measures to ensure that the financial and real estate markets operate in a more transparent and effective manner. He said Vietnam will consider raising the national fuel storage capacity and domestic fuel production to avoid future fuel shortages.

☆ Vietnam to continue facing difficulties securing fuel supplies - minister
▼ + stars: | 2022-11-05 | by ( ) www.reuters.com time to read: +1 min

HANOI, Nov 5 (Reuters) - Vietnam will continue to face difficulties securing refined petroleum products, its industry and trade minister said on Saturday, as authorities scramble to avert a fuel supply crunch. Hundreds of petrol stations in Vietnam's largest cities have shut or limited sales in recent weeks, citing financial difficulties and tight domestic supplies. He said some fuel importers are also facing difficulties accessing bank loans to pay for their imports as they fail to meet banks' requirements. "Partial fuel disruption in the local market is threatening to continue at least until Nov. 11 when the finance ministry adjusts the costs for fuel importers," Dien said. Vietnam on Wednesday urged on its largest fuel trading firms to release stocks to ease concerns about a fuel supply crunch.

☆ Palm oil is in almost everything, and it's devastating rainforests. This Bill Gates-backed company used microbes to create an alternative
▼ + stars: | 2022-11-03 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

Palm oil grows best in the regions right around the equator, so palm oil producers chop down rainforest and clear that felled vegetation by burning it, making it a prime target of conservation organizations like the Rainforest Rescue and the World Wildlife Fund. Palm oil trees grow at the Cikasungka palm oil plantation, operated by PT Perkebunan Nusantara VIII, in Bogor Regency in West Java, Indonesia, on Monday, June 20, 2022. To make its palm oil alternative, C16 Biosciences uses a wild yeast microbe that makes a functional equivalent to palm oil with a kind of fermentation process. Photo courtesy: Cat Clifford, CNBCChemically, the palm oil that C16 Biosciences makes is not identical to the palm oil that is grown in industrial agriculture farms. However, "it contains the same fatty acids, which are the molecular fingerprints of fats and oils, that palm oil does," Heller told CNBC.

☆ Independent union wins bargaining rights at 3M in central Mexico
▼ + stars: | 2022-11-01 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +2 min

MEXICO CITY, Oct 31 (Reuters) - Independent Mexican union La Liga has won the right to represent workers at a 3M Co (MMM.N) plant, authorities said on Monday, marking a second victory for the fledgling group at a pivotal moment for workers to take on entrenched interests. Workers at 3M's plant in the central city of San Luis Potosi, which makes everything from Post-It notes to N95 masks, voted in January to reject the collective contract negotiated by their long-established union, the Confederation of Mexican Workers (CTM), opening the door to new representation. The union now has six months to negotiate a new contract, and aims to ensure salaries that keep up with Mexico's climbing inflation, Saucedo said. It has previously said it aims to offer competitive salaries and ensure job stability and will negotiate with the union chosen by workers. Reporting by Daina Beth Solomon; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ One factory worker takes on Mexico's powerful unions
▼ + stars: | 2022-10-27 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +9 min

CTM representatives say their unions defend worker rights, offer perks such as scholarships and sports programs and abide by Mexico's new labor rules. Along with La Liga, other new unions have also won victories over powerful rivals in the past year at GM, Japan's Panasonic (6752.T) and French glassmaker Saint-Gobain (SGOB.PA), pledging better pay. Even among the new crop, La Liga stands out for its broader vision: targeting companies no matter the sector, no matter the location. Leaving her three kids at home, she is traveling factory to factory seeking support. What's more, to drum up support, La Liga must fight a deeply embedded culture of fear and apathy around speaking out.

☆ Vietnam party chief to visit China's Xi next week
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +2 min

Vietnam's Communist Party's Generel Secretary Nguyen Phu Trong is seen in Hanoi, Vietnam April 2, 2018, Picture taken April 2, 2018. REUTERS/Kham/File PhotoBEIJING, Oct 25 (Reuters) - The chief of Vietnam's ruling Communist Party Nguyen Phu Trong will visit China next week on the invitation of President Xi Jinping, Vietnam's government said on Tuesday, in a rare overseas trip by the ageing leader. The visit to Beijing will take place from Oct. 30 to Nov. 2 the government said, without elaborating. Like Xi, Trong has also stayed on as party chief beyond the usual tenure of one or two terms, cementing his influence in a party traditionally governed by consensus among its politburo and powerful central committee. Vietnam and China are among the last five communist-ruled states in the world, along with Cuba, Laos and North Korea.

“I think it’s going to be significant,” Chuck Coughlin, an Arizona Republican pollster, said of the third-party impact on key Senate races. Angela McArdle, the chair of the Libertarian National Committee, said it’s not her party's job to protect Republican candidates who are alienating voters. "If Republicans fear that Libertarians are going to be spoilers, Republicans need to run more liberty-minded candidates," McArdle told NBC News. Much attention has been paid to the level of support third-party candidates can wrestle from the major party contenders in recent election cycles, particularly on the presidential level. "We have to wait to see the melt on these third-party candidates," he said.

Last month, the Food and Agriculture Organization's global rice price index rose 2.2% to hit an 18-month high. "The international market has gone up and it will go up further," said Nitin Gupta, vice president for Olam India's rice business. Reuters GraphicsVietnam's unmilled rice output is forecast to hold flat to last year's 43 million tonnes, according to government data. Neighbouring Thailand is aiming to export 7.5 million tonnes this year, up about 7% from its previous target of 7 million tonnes, said Anucha Burapachaisri, a government spokesman. Meanwhile, Pakistan cannot capitalise on India's export curbs after severe flooding ravaged its crop.

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☆ 10+ deals at their lowest price ever during October Prime Day 2022
▼ + stars: | 2022-10-11 | by ( Morgan Greenwald | Morgan Greenwald Is A Senior Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +6 min

This is the best kind of deja vu: Amazon’s second Prime Day-like sale this year is now on — for the first time in Prime Day history. The Prime Early Access Sale (running through Oct. 12) has sitewide savings for Prime members on categories from skin care and home goods to tech and fitness equipment. To help you make the most of the fleeting shopping holiday, we compiled some of the best Prime Day deals live on Amazon that offer top products at their lowest price ever, plus highlighted other notable deals from counter sales at other retailers. Prime Early Access Sale: The best deals on products at their lowest price everBelow, we’re sharing the best products — based on our previous coverage and reporting — that are at their lowest price ever during the Early Access Prime Sale. It has a 5,000mAh battery that, according to the brand, should last for more than a day on a single charge.

☆ Vietnam economy seen growing 8% in 2022, beating official target - govt
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +1 min

HANOI, Oct 11 (Reuters) - Vietnam's economy is expected to grow 8% this year, beating an official target for an expansion of 6.0%-6.5%, the government said on Tuesday. Vietnam, a regional manufacturing hub, has seen its economy rebounding from the pandemic, with gross domestic product in the third quarter growing 13.67% from a year earlier. The government said it will pursue "a flexible and prudent" monetary policy during the rest of the year to ensure macroeconomic stability. Vietnam will aim for a growth of 6.5% and will consider an inflation target of 4.5% next year, the government said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Khanh Vu; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

Amazon's back with another major deals event, and it's called the Amazon Prime Early Access Sale. Deal Amazon Kindle Oasis (8GB) Amazon revolutionized the e-reader with the Kindle Oasis' daring design, great page-turn buttons, sharp screen, and giant ebook library. Great Price Amazon Fire TV Stick 4K The Amazon Fire TV Stick 4K streams video in 4K straight to your TV. Rare Deal Amazon Echo Glow Amazon's Echo Glow is a smart nightlight for kids that can change color and create cute effects. Limited-Time Deal Amazon Luna Controller Amazon's Wi-Fi-enabled controller is designed for the Amazon Luna cloud gaming service.

Amazon's back with another major deals event, and it's called the Amazon Prime Early Access Sale. It’s a $109 value for only $35, exclusively for Amazon Prime members. Deal Amazon Kindle Oasis (8GB) Amazon revolutionized the e-reader with the Kindle Oasis' daring design, great page-turn buttons, sharp screen, and giant ebook library. Great Price Amazon Fire TV Stick 4K The Amazon Fire TV Stick 4K streams video in 4K straight to your TV. Rare Deal Amazon Echo Glow Amazon's Echo Glow is a smart nightlight for kids that can change color and create cute effects.

☆ Vietnam Q3 GDP growth up 13.67% y/y on rebound in manufacturing
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +1 min

The industrial and construction sector in the July-September period grew 12.91% from a year earlier, the General Statistics Office (GSO) said in a report. Meanwhile, the services sector expanded 18.86%, while the agricultural sector grew by 3.24%. Vietnam, however, is facing upward pressure on inflation, prompting its central bank to increase its policy rates last week. The Southeast Asian country has set an official target for GDP growth of 6.0%-6.5% and containing inflation at 4% for this year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Khanh Vu Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

☆ He was my high school journalism teacher. Then I investigated his relationships with teenage girls.
▼ + stars: | 2022-05-16 | by ( Matt Drange | ) www.businessinsider.com time to read: +40 min

It was a hot July day and the classroom at Rosemead High School should have been empty. (Christopher Vu for Insider) Show less Rosemead High School sits just east of Los Angeles in the San Gabriel Valley. Burgess as an upperclassman at Rosemead High School with the former teacher Hugh Zegers, center, and classmates. The author interviewing Rod Marinelli, a Rosemead High School alum who was then coaching the Detroit Lions, for the Rosemead student newspaper, the Panther's Tale. The author and a classmate, Amy Julia Harris, beside their journalism teacher Burgess at graduation night in June 2007.

Persons: Eric Burgess, Burgess, Brian Bristol, Christopher Vu, Alex Rai, Brian Day, —, Edward Zuniga, I'd, Dwain Crum, Harold Greenberg, Rai, Paul Arevalo, Arevalo, Diane Bladen, Rosemead, Bladen, Eric, weren't, Hugh Zegers, Rebecca Zisser, who'd, Miley Cyrus, Miley Cyrus Eric Burgess, Rod Marinelli, groomers, Daniel Pollack, Pollack, Matt Drange, Mia Nakao, Nakao, Lois Heilemann, Heilemann, Mia Nakao's, …, Larry Callaham, Catherine, fondling, She'd, they'd, Catherine grappled, Terri Amborn, Amborn, Sarah, she'd, Burgess's, didn't, Burgess texted Sarah, couldn't, Burgess wouldn't, I'm, Uber, Felipe Ibarra, I've, he'd, Sarah doesn't, She's, Amy Julia Harris, Harris Organizations: Rosemead, Bristol, Rosemead High, Facebook, School, Detroit Lions, High School, Rosemead High School, High, Cal State LA, Tower Records, Monte Union High School District, Starbucks Locations: Bristol, Burgess, Rosemead, Gabriel Valley, Los Angeles, San Gabriel Valley, California, McDonald's, Detroit, chameleons, Bladen, mdrange

☆ I'm 22 years old and landed my dream job at Spotify. Here's my advice for anyone hoping to turn an internship into a full-time role.
▼ + stars: | 2021-12-20 | by ( Catherine Henderson | ) www.businessinsider.com time to read: +5 min

Now a full-time product manager at Spotify, she shares career advice for other young professionals. Her post quickly went viral, garnering almost 300,000 likes and even catching the eye of Spotify CEO Daniel Ek. By April, she had secured an internship, and by September, a full-time associate product manager role — her dream job. She's continued to post advice on Twitter, including a thread about how she made the best of her fully remote internship. The resume Emily Vu posted on social media that went viral in March 2021.

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