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In a statement to Reuters, Mobile World said it would announce the information once the deal was concluded. The sources said the deal could value Bach Hoa Xanh, Vietnam's third largest grocery chain, at around $1.5-$1.7 billion. Founded in 2015, Bach Hoa Xanh, backed by Vietnam's retail giant Mobile World Investment (MWG.HM), is running more than 1,700 stores in Vietnam's southern and south-central provinces. The Ho Chi Minh City-headquartered company had first planned the sale of a stake of up to 20% in Bach Hoa Xanh last year. Bach Hoa Xanh was expected to be profitable from next year, its managing director told investors last month.

Persons: GIC, Bach, Xanh, Yantoultra Ngui, Chayut, Kane Wu, Simon Cameron, Moore Organizations: Investment, Mobile, Revenue, Thomson Locations: SINGAPORE, HANOI, Thailand, Vietnam, China, United States, Chi Minh City, Bach Hoa, Singapore, Phuong Nguyen, Hanoi, Bangkok

Embattled Bamboo, Vietnam's No. "Bamboo Airways has reduced a number of pilot personnel recently to serve this goal," the statement said, denying that late payments of salaries were the reason behind the departures. Many staff at Bamboo have sometimes had to face delays in salary payments but this had not, until recently, affected foreign pilots who make up a large majority of the airline's pilot staff, the sources said. Messages seen by Reuters from an internal company chat forum that management uses to communicate with foreign pilots show some salary payments have been late. Bamboo, which flies both internationally and domestically, has around 17% of Vietnam's market share, its then CEO told local media in March.

Persons: Bamboo, Vietnam's, Bamboo's, Nguyen Ngoc Trong, Trong, Francesco Guarascio @fraguarascio, Khanh Vu, Phuong Nguyen, Mai Nguyen, Jamie Freed, Edwina Gibbs Organizations: Bamboo Airways, Airways, Reuters, Sacombank, Vietnam's, Thomson Locations: Samcombank, HANOI, United States

She cited unpublished information from Vietnam's Ministry of Natural Resources and Environment, which did not respond to requests for comment. In recent years, Japanese investors Toyota Tsusho and Sojitz abandoned projects at Dong Pao after China ramped up supply, pummelling prices. Reuters GraphicsStill, rare earths at Dong Pao are relatively easy to access and are mostly concentrated in bastnaesite ores, according to the Hanoi University of Mining and Geology. The plant has capacity to process 5,000 tons of REO a year but the company plans to treble that to accommodate input from Dong Pao, Tuan said. The metallization process is controlled by China, which produces 90% of rare-earth metals, according to the U.S. Department of Energy.

Persons: Dong Pao, Blackstone, VTRE, Tessa Kutscher, Anh Tuan, Joe Biden, Kutscher, Sojitz, Dylan Kelly, Vingroup, Rivian, Dong, Tuan, David Merriman, John Rockhold, Dudley Kingsnorth, Francesco Guarascio @fraguarascio, Khanh, Melanie Burton, Trevor Hunnicutt, Mai Nguyen, Phuong, David Crawshaw Organizations: REUTERS, Australia's Blackstone Minerals Ltd, Vietnam's Ministry of Natural Resources, Earth JSC, U.S, . Geological Survey, Reuters, Toyota, Terra Capital, Blackstone, Hanoi University of Mining, REO, White House, Department of Commerce, U.S . Chamber of Commerce, Strategic, ASM, Reuters Graphics Reuters, U.S . Department of Energy, Western Australian School of Mines, Curtin University, Thomson Locations: Nam, Lai Chau, Vietnam, Pao, HANOI, Dong, Beijing, China, Hanoi, U.S, Dong Pao, VTRE, South, Khanh Vu, Melbourne, Seoul, Washington, Phuong Nguyen

These include power plants built by industrial firms such as nickel smelters for their own consumption. Under JETP, Indonesia is committed to cap and peak power sector's carbon emissions at 290 million metric tons by 2030. How does Indonesia plan to deploy JETP funds? Indonesia also wants JETP to finance the early retirement of some of its coal power plants, however some banks are reluctant to finance these early retirement for fear of being seen as financing coal projects. Indonesia is also considering expanding the green label to loans for coal power plants used by industries that make products considered sustainable, such as batteries for electric vehicles (EV).

Persons: JETP, Quoc Khanh, Tran Hong Ha, Fransiska Nangoy, Khanh Vu, Florence Tan Organizations: Association of Southeast Asian Nations, Natural Resources, Deputy, EV, Marine Spatial, Thomson Locations: JAKARTA, HANOI, Indonesia, South Africa, Vietnam, INDONESIA Indonesia, JETP, VIETNAM

FILE PHOTO-Volker Turk, United Nations High Commissioner for Human Rights, attends the Human Rights Council at the United Nations in Geneva, Switzerland February 27, 2023. Hanoi police on Sept. 15 detained Ngo Thi To Nhien, Executive Director of the Vietnam Initiative for Energy Transition (VIET), an independent think tank focused on green energy policy, Reuters reported last week citing a charity and a source. Nhien had worked for the World Bank, with the United Nations Development Programme and the United States aid agency (USAID), according to her profile on LinkedIn. She "has participated in international and national events, including consultations organized by UNDP on the topic of energy transition," the UNDP in Vietnam confirmed in an email message to Reuters. Phil Robertson, Deputy Asia Director at Human Rights Watch, said Manh had a strong alibi which was disregarded.

Persons: Volker Turk, Denis Balibouse, U.N, Joe Biden, Ngo Thi, Nhien, Le Van Manh, Phil Robertson, Manh, Francesco Guarascio @fraguarascio, Michael Perry Organizations: United Nations, Human Rights, REUTERS, Rights, Vietnam Initiative for Energy, Reuters, UN, World Bank, USAID, LinkedIn, UNDP, European, Asia, Thomson Locations: Geneva, Switzerland, Rights HANOI, Hanoi, United States, Vietnam

☆ UN Worried About Vietnam Arrest of Energy Expert After Biden's Visit
▼ + stars: | 2023-09-25 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

By Francesco GuarascioHANOI (Reuters) - The U.N. human rights office has expressed concern about the arrest of a Vietnamese green energy expert, who had collaborated with U.N. and U.S. agencies, just days after President Joe Biden signed business and human rights deals with Hanoi on a visit. Hanoi police on Sept. 15 detained Ngo Thi To Nhien, Executive Director of the Vietnam Initiative for Energy Transition (VIET), an independent think tank focused on green energy policy, Reuters reported last week citing a charity and a source. She "has participated in international and national events, including consultations organized by UNDP on the topic of energy transition," the UNDP in Vietnam confirmed in an email message to Reuters. Vietnam's government has not issued any public statement about Nhien's arrest, and did not reply to requests for comment. Phil Robertson, Deputy Asia Director at Human Rights Watch, said Manh had a strong alibi which was disregarded.

Persons: Francesco Guarascio HANOI, U.N, Joe Biden, Ngo Thi, Nhien, Le Van Manh, Phil Robertson, Manh, Francesco Guarascio @fraguarascio, Michael Perry Organizations: Vietnam Initiative for Energy, Reuters, UN, Human Rights, World Bank, United Nations, USAID, LinkedIn, UNDP, European, Asia Locations: Hanoi, United States, Vietnam

☆ Vietnam interested in trade deal with Mercosur, says Brazil's Lula
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

[1/3] Brazil's President Luiz Inacio Lula da Silva greets Vietnam's Prime Minister Pham Minh Chinh during a news statement at the Itamaraty Palace in Brasilia, Brazil September 25, 2023. The move comes as the Mercosur bloc tries to finalize a long-awaited trade deal with the European Union, which the leftist leader has been pushing to be concluded by the end of this year. Canada, South Korea and Singapore are other countries in talks for trade deals with Mercosur. Lula had previously hinted at potential agreements with China, Indonesia, Vietnam and countries in Central America and the Caribbean. A memorandum of understanding on defense, Lula added, was the "first step" towards a future deal that would open room for his country to export defense products to the Asian nation, "including aircraft".

Persons: Luiz Inacio Lula da Silva, Pham Minh Chinh, Adriano Machado, Lula, Pham Minh, Minh Chinh, Vietnam's, Minh, Lisandra Paraguassu, Steven Grattan Organizations: Vietnam's, REUTERS, Rights, Mercosur, Vietnamese, European Union, EU, Saturday, Brazilian, Embraer, EMBR3, United Nations Security Council, Thomson Locations: Brasilia, Brazil, Rights BRASILIA, Vietnam, Argentina, Paraguay, Uruguay, Canada, South Korea, Singapore, China, Indonesia, Central America, Caribbean, Sao Paulo, Hanoi

But it was a key topic of Vietnamese-U.S. official talks in Hanoi, New York and Washington over the past month. A major U.S.-Vietnam arms deal could aggravate China, Vietnam's larger neighbor, which is wary of Western efforts to box in Beijing. A long-simmering territorial dispute between Vietnam and China is heating up in the South China Sea and explains why Vietnam is looking to build up maritime defenses. Earlier this month, Vietnam upgraded Washington to Hanoi's highest diplomatic status, alongside China and Russia, when U.S. President Joe Biden visited the country. Nonetheless, Vietnam is also actively in talks with Moscow over a new arms supply deal that could trigger U.S. sanctions, Reuters has reported.

Persons: Biden, Jeffrey Ordaniel, Ordaniel, Joe Biden, Trevor Hunnicutt, Nandita Bose, Francesco Guarascio, Mike Stone, Rosalba O'Brien Organizations: U.S, White, Tokyo International University, Pacific Forum, Reuters, Thomson Locations: Vietnam, China, Russia, Washington, Hanoi, American, Beijing, Hanoi , New York, Russian, U.S, South, Philippines, Taiwan, United States, South Korea, India, Ukraine, Moscow

"This shift, towards the courts, prosecutors and law enforcement units, shows that hackers are gathering evidence about Russian war crimes in Ukraine" with a view to following Ukraine's investigations, he added. Russian hackers have prioritised targeting government bodies and trying to gain access to their e-mail servers, Shchyhol said, without elaborating. An attempt by a Russian intelligence hacking group dubbed "Sandworm" to launch a destructive cyberattack against Ukraine's electricity grid was thwarted in April, 2022. Shchyhol said his department saw evidence that Russian hackers were accessing private security cameras within Ukraine to monitor the outcome of long-range missile and drone strikes. "You need to understand that the cyber war will not end even after Ukraine wins on the battlefield," Shchyhol said.

Persons: Ivan Lyubysh, Yurii Shchyhol, There's, Shchyhol, Vladimir Putin, Tom Balmforth, James Pearson, Mike Collett, White, Gareth Jones Organizations: State Service of, Reuters, REUTERS, Ukrainian, State Service of Special Communications, Foreign Ministry, Federal Security Service, Court, ICC, Kremlin, Russia, Ukraine, Thomson Locations: Ukraine, Kyiv, LONDON, Russia, Netherlands, Russian, Ukrainian, London

A VinFast VF8 electric SUV is displayed during CES 2022 at the Las Vegas Convention Center in Las Vegas, Nevada, U.S. January 5, 2022. If fulfilled, Europe would become VinFast's biggest overseas market this year. The company had shipped about 2,100 EVs earlier this year to the United States. Should the EU probe conclude that punitive duties on China-made EVs are warranted, VinFast could find its cars are more competitively priced. VinFast, which is part of Vietnamese conglomerate Vingroup (VIC.HM), was formed in 2017 and began making EVs in 2021 after dropping its manufacturing of cars with internal combustion engines.

Persons: Steve Marcus, Thuy, Inovev, VinFast, Phuong Nguyen, Francesco Guarascio, Miral Organizations: Las Vegas Convention, REUTERS, Rights, Reuters, European Union, Nasdaq, EU, Thomson Locations: Las Vegas , Nevada, U.S, Rights HANOI, Europe, France, Germany, Netherlands, VinFast's, Vietnam, United States, Israel, China, Indonesia, India, East, Africa, Latin America

WASHINGTON (AP) — President Joe Biden will travel to Arizona next week to deliver a democracy-focused address that will also pay tribute to the late John McCain, the 2008 Republican presidential candidate who represented the state in the U.S. Senate for more than three decades. Biden's speech, which is scheduled for Sept. 28 and expected in the Phoenix area, will focus on “the work we must do together to strengthen our democracy,” the White House said Thursday. The remarks will also honor the legacy of McCain, whose memorial in Hanoi Biden visited earlier this month during his trip to India and Vietnam. Though his speech in Arizona is billed as an official White House event, the issue of preserving democracy is expected to be a key theme in his reelection campaign. He will headline three fundraisers in California and one in Arizona during his trip, according to the White House.

Persons: Joe Biden, John McCain, McCain, “, Biden, Donald Trump, ” Biden, Kevin Munoz Organizations: WASHINGTON, Republican, U.S . Senate, Hanoi Biden, Independence Hall, Union, MAGA Republicans, Advisors, Science, Technology Locations: Arizona, U.S, Phoenix, Hanoi, India, Vietnam, Philadelphia, Washington, San Francisco, president's, California

☆ A Subtle Change for Biden
▼ + stars: | 2023-09-20 | by ( David Leonhardt | More About David Leonhardt | ) www.nytimes.com time to read: +3 min

These countries tend to be flawed democracies (like Brazil, India, Israel and Nigeria) or autocracies (like Saudi Arabia and Vietnam). If the U.S. suggests that only democracies are welcome in its alliance, that alliance will shrink. But, he added, Biden “has also been clear that in that larger effort, we need constructive relationships with countries of all different traditions and backgrounds.”The C.I.A. The U.S. strengthened its ties with Vietnam — which remains a one-party state — when Biden visited Hanoi this month. All of this may help explain the approach Biden took at the U.N. yesterday.

Persons: ” Walter Russell Mead, ” Mead, Biden, Peter Baker, Jake Sullivan, ” Sullivan, Biden “, Stalin, Saddam Hussein, Narendra Modi, Justin Trudeau, Canada’s, India’s, Edward Wong, Mark Mazzetti, ” Organizations: Washington, Hudson Institute, White House, autocracies, Stalin’s, Vietnam, Saudi Locations: Beijing, Brazil, India, Israel, Nigeria, Saudi Arabia, Vietnam, U.S, United States, Stalin’s Soviet, Kuwait, Europe, Japan, South Korea, China, British Columbia, Hanoi, Turkey, Hungary, Poland, Ukraine, Russia, Africa, Latin America, Southeast Asia

☆ Vietnam PM courts U.S. companies, seeks investment in chip sector
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

[1/2] Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. Chinh pledged to facilitate future investments by Nvidia and Synopsys in Vietnam, the statement said. The statement quoted Nvidia CEO Jensen Huang as telling Chinh that "Nvidia wants to cooperate with Vietnam in semiconductor, information technology and artificial intelligence." Synopsys, which has plans to build chip design centres in Vietnam, on Monday signed memorandums of understanding with Vietnam's information ministry and with the investment ministry. Nvidia, a top supplier of servers to Vietnam, and Synopsys did not immediately respond to Reuters requests for comment.

Persons: Florence Lo, Pham Minh Chinh, Joe Biden, Chinh, Jensen Huang, Synopsys, Amkor, Khanh Vu, Edwina Gibbs Organizations: REUTERS, Rights, Nvidia, U.S, Synopsys, Monday, Intel, United Nations General Assembly, Thomson Locations: Rights HANOI, Vietnam, San Francisco, United States, Hanoi, Chinh, U.S, Brazil

“The president will talk about how those steps — how all of those steps he’s taken so far ladder up to a larger vision.”After a long career in the Senate and as vice president, Mr. Biden enjoys a strong reputation among his peers and is seen as a committed internationalist fighting the tide of isolationism. He has also managed to stitch together a series of partnerships in the Indo-Pacific in the face of aggressive moves by China. At the same time, America’s two major rivals appear weakened. President Xi Jinping of China looks less potent internationally as his country’s four-decade streak of economic growth flattens while President Vladimir V. Putin of Russia cannot even travel to the United Nations meeting or other major international gatherings because of an International Criminal Court arrest warrant for war crimes in Ukraine. But with his approval ratings mired in the low 40s and Mr. Trump threatening to take his job back in the November 2024 elections, Mr. Biden’s domestic troubles loom large over this year’s gathering at the United Nations.

Persons: ”, Jake Sullivan, “, Biden, Xi Jinping, Vladimir V, Putin, Trump Organizations: Washington, United Nations Locations: Afghanistan, Ukraine, China, Australia, India, Philippines, United States, Japan, South Korea, Camp, Vietnam, Hanoi, Russia

☆ Less ethical US foreign policy requires new logic
▼ + stars: | 2023-09-18 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

Russia’s invasion of Ukraine and rising tensions with China are now driving U.S. foreign policy, and ethical considerations have taken a back seat. Even so, groups such as Amnesty International and Human Rights Watch are concerned. But the United States considers all to have poor records when judged against the Universal Declaration of Human Rights. While it may make sense for the United States to choose the lesser evil, it is now unclear what role human rights play in American foreign policy. Although he didn’t connect this idea to human rights, that seems to be part of the thinking.

Persons: Narendra Modi, Joe Biden, Evan Vucci, Biden, Antony Blinken, ”, Modi, Saudi Crown Prince Mohammed bin Salman, Blinken, It’s, Peter Thal Larsen, Thomas Shum Organizations: Indian, U.S, Bharat, REUTERS Acquire, Reuters, Amnesty, Human Rights, U.S ., Saudi Crown, Universal, United, United States, Reuters Graphics, Seven, Washington, Thomson Locations: New Delhi, India, Vietnam, Saudi Arabia, Ukraine, China, Asia, Beijing, Moscow, U.S, Hanoi, United States, Riyadh, Russia, United, East, Europe, Afghanistan, Iraq

☆ Exclusive: Vietnam activists to seek US refuge after Biden administration deal - US officials
▼ + stars: | 2023-09-18 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +4 min

In the United States, the families are expected to seek resettlement under the "Priority 1" refugee program. The activists were not imprisoned, but had been barred from leaving Vietnam. The officials would not identify any of the four people, citing diplomatic and security sensitivities, but the two ex-prisoners' names are known. Vietnam is holding at least 159 political prisoners and detaining 22 others, Human Rights Watch said earlier this month. Biden administration officials pushed for the exit visas as an additional step during final negotiations over the joint statement and trip logistics, according to one of the U.S. officials.

Persons: Biden, Biden's, Nguyen Bac Truyen, Mai Phan Loi, Ben Swanton, Antony Blinken, Bui, Trevor Hunnicutt, Francesco Guarascio, Heather Timmons, Bill Berkrot Organizations: Communist, United, U.S, Reuters, Human Rights Watch, Biden, Thomson Locations: United States, Hanoi , U.S, Vietnam, Washington, China, Russia, India, Saudi Arabia, Iran, Germany, Bui Thanh, Hanoi

☆ Vietnam activists to seek US refuge after Biden administration deal -US officials
▼ + stars: | 2023-09-18 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +4 min

A human rights lawyer who campaigned for accountability for police abuses, a Catholic parishioner evicted from his home, and their families are exiting Vietnam for the United States, one of the officials said. In the United States, the families are expected to seek resettlement under the "Priority 1" refugee program. The activists were not imprisoned, but had been barred from leaving Vietnam. Vietnam is holding at least 159 political prisoners and detaining 22 others, Human Rights Watch said earlier this month. Biden administration officials pushed for the exit visas as an additional step during final negotiations over the joint statement and trip logistics, according to one of the U.S. officials.

Persons: Biden, Biden's, Nguyen Bac Truyen, Mai Phan Loi, Ben Swanton, Antony Blinken, Bui, Trevor Hunnicutt, Francesco Guarascio, Heather Timmons, Bill Berkrot Organizations: Communist, Reuters, United, U.S, Human Rights Watch, Biden, Thomson Locations: United States, Hanoi , U.S, Vietnam, Washington, China, Russia, India, Saudi Arabia, Iran, Germany, Bui Thanh, Hanoi

(AP) — President Joe Biden's national security adviser met with China's foreign minister over the past two days on the Mediterranean island nation of Malta in an effort that the White House said Sunday was intended to “responsibly maintain the relationship” at a time of strained ties and mutual suspicion between the rival powers. The Biden administration shot down what was described as a Chinese spy balloon earlier this year. And after Chinese President Xi Jinping centralized his power, the Chinese economy has not rebounded as expected after ending its pandemic lockdowns. The White House said Sullivan and Wang discussed the relationship between the two countries, global and regional security issues, Russia's war in Ukraine and the Taiwan Strait. They talked about the Mediterranean region's role in helping to provide “global peace and security,” according to a statement by the Maltese government.

Persons: Joe Biden's, Jake Sullivan, Wang Yi, Joe Biden, Premier Li Qiang, ” Biden, Biden, “ It’s, ”, Gina Raimondo, Xi Jinping, Sullivan, Wang, Robert Abela, ___ Madhani Organizations: White, Premier, Group Locations: WILMINGTON, Del, Malta, Washington, Beijing, India, Japan, South Korea, Vietnam, Hanoi, China, U.S, Ukraine, Taiwan Strait, United States, People’s Republic of China, Maltese

☆ Chinese defence minister under investigation for corrupt procurement
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +6 min

The investigation into Li relates to procurement of military equipment, according to a regional security official and three people in direct contact with the Chinese military. Eight senior officials from the Chinese military's procurement unit, which Li led from 2017 to 2022, are also under investigation, according to two of the people in direct contact with the military. Reuters' detailed examination of the allegations against Li and the timing of the probe is based on interviews with sources who interact regularly with senior Chinese political and defence leaders, and regional officials with close knowledge of Chinese politics. The Financial Times reported on Friday, citing U.S. officials, that the U.S. government believes Li has been placed under investigation. Chinese officials initially said Qin's absence was also due to health reasons.

Persons: Li Shangfu, Li, U.S . State Department didn't, Japan Rahm Emanuel, Qin Gang, Qin, Xi Jinping, Lloyd Austin, Katerina Ang, Daniel Flynn Organizations: Reuters, Foreign Ministry, State Council, Defence Ministry, Financial Times, U.S, U.S . State Department, Beijing, Qin, Liberation, Rocket Force, Support Force, U.S . Defence, Pentagon, Thomson Locations: Beijing, Japan, U.S, Tokyo, Russia, Belarus, Vietnam, Hanoi, China, United States, Singapore

☆ Li Shangfu: Speculation grows over whereabouts of China's defense minister
▼ + stars: | 2023-09-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China’s Foreign Ministry on Friday skirted questions on the whereabouts of the country’s defense minister, amid mounting speculation the recently promoted general has been placed under investigation. Qin, who was only foreign minister for seven months, has retained the position of state councillor – a senior role in China’s cabinet which Li also holds. On Chinese government and military websites, Li is still listed as the defense minister, state councillor and a member of the party’s powerful Central Military Commission (CMC). “The foreign minister and the defense minister are both externally facing interlocutors with the international community. Two weeks away from the public view is not unprecedented for China’s defense minister, who typically has less frequent public engagements than the foreign minister.

Persons: Hong Kong CNN —, Li Shangfu, China’s, Li, Mao Ning, “ I’m, Qin Gang, Qin, –, Rahm Emanuel, Li hadn’t, Emanuel, Xi’s, Agatha Christie’s, Li Shangfu hasn’t, ”, Xi Jinping, ” Drew Thompson, Lee, Sergey Shoigu, Alexander Lukashenko Organizations: Hong Kong CNN, Hong Kong CNN — China’s, Communist Party, Financial Times, Street, Foreign Ministry, Central Military Commission, People’s Liberation Army, Force, CNN, Foreign, Rocket Force, Defense, Lee Kuan Yew, of Public, National University of Singapore, Development Department, Equipment Development Department, Security Forum, ”, Reuters, ” Reuters, Border Defense Friendship Exchange Locations: Hong Kong, Beijing, China, United States, Africa, Russia, Belarus, Moscow, Minsk, Hanoi

☆ Extreme weather may cost the global fashion industry $65 billion by 2030
▼ + stars: | 2023-09-14 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Together, they account for 18% of global apparel exports, roughly 10,000 clothing and footwear factories and more than 10.6 million manufacturing workers. Pakistan, especially, is no stranger to extreme weather, with more than one third of the country underwater last year during its worst floods in history. The first scenario includes the assumption that heat stress will cause considerable changes in worker productivity. For example, output may decline by about 1.5% for each 1°C increase in the “wet-bulb globe temperature,” a measure of heat stress, according to the report. “Workers need these investments now because extreme heat standards and flood protections are non-existent.”

Persons: Mohammad Ponir Hossain, Schroders, Jason Judd Organizations: Hong Kong CNN, Cornell University, Schroders, Fashion, Cornell’s Global Labor Institute, Reuters, Cornell, “ Workers Locations: Hong Kong, Bangladesh, Pakistan, Vietnam, Cambodia, Schroders, Dhaka, Phnom Penh, Karachi, Lahore, Ho Chi Minh City, Hanoi, South, Southeast Asia

[1/2] Chairman and CEO of Vietnam's leading tech firm FPT Truong Gia Binh poses during an interview with Reuters at the company's headquarters in Hanoi, Vietnam September 11, 2023. REUTERS/Francesco Guarascio Acquire Licensing RightsHANOI, Sept 14 (Reuters) - Vietnam's leading tech firm FPT (FPT.HM) has orders for nearly 70 million chips through 2025 and is eyeing expansion in Artificial Intelligence (AI) and technical training, the company's chief said. It offers AI, cloud and big data services to clients in 29 countries and is also growing in chip designing and education. FPT sealed a partnership with U.S. firm Landing AI to boost its training capabilities, the company said. The new law was a "game-changer" because it created the conditions for foreign countries, "other than China", to expand, and U.S. pledges this week to boost Vietnam's chips sector further confirmed that, he said.

Persons: Gia Binh, Francesco Guarascio, FPT, Joe Biden's, Truong Gia Binh, Binh, Francesco Guarascio @fraguarascio, Phuong Nguyen, Lincoln Organizations: Reuters, REUTERS, Rights, Artificial Intelligence, U.S, Nvidia, Samsung, JPMorgan, Thomson Locations: Hanoi, Vietnam, Rights HANOI, Chi Minh City, Moscow, U.S, China, Taiwan, South Korea, Japan, Korean, United States

☆ China's defence minister, not seen in weeks, skipped Vietnam meet
▼ + stars: | 2023-09-14 | by ( Yew Lun Tian | ) www.reuters.com time to read: +4 min

China's State Council Information Office, as well as its defence and foreign ministries did not immediately respond to a request for comment about the Vietnam event. Asked about Emanuel's post this week, a Chinese Foreign Ministry spokeswoman told reporters she was "not aware of the situation." China's defence minister is mainly responsible for defence diplomacy and does not command combat forces. Chinese officials have repeatedly said they want those sanctions dropped to facilitate better discussions between the two sides' militaries. He then headed the military's procurement unit from 2017 until he became defence minister.

Persons: Li Shangfu, Li, Beijing couldn't, Qin Gang, Xi Jinping, Qin, Washington, Li's, Joe Biden, Japan Rahm Emanuel, Li Shangfu hasn't, Alfred Wu, Lee, Xi, Lloyd Austin, Yew Lun Tian, Antoni Slodkowski, John Geddie, Katerina Ang Organizations: Reuters, China's, Information, Qin, Liberation, Rocket Force, Communist Party, U.S, . U.S, Foreign, Defense, Foreign Ministry, Lee Kuan Yew, of Public Policy, U.S . Defence, Support Force, Thomson Locations: BEIJING, HANOI, Vietnam, China, Beijing, Hanoi, Japan, Russia, Belarus, Singapore, U.S

☆ EV maker VinFast plans Asia expansion, to launch Indonesia plant in 2026
▼ + stars: | 2023-09-13 | by ( Phuong Nguyen | ) www.reuters.com time to read: +3 min

Of that, up to $200 million would be for its Indonesian plant, targeting production in 2026 with an output of 30,000 to 50,000 units each year. Since its establishment in 2017, VinFast has announced numerous ambitious EV growth plans overseas. VinFast aims to establish its own distributors and may open show rooms in those locations, it said. VinFast is entering the American market at a time when EV pricing is under pressure, led by market leader Tesla and a range of Chinese companies. Shares of Vietnam's largest conglomerate and VinFast parent Vingroup (VIC.HM) were down 0.33% as of 0635 GMT.

Persons: Mike Blake, Pham Nhat Vuong, EVs, VinFast, Tesla, Phuong Nguyen, Christina Fincher Organizations: Los Angeles Auto, REUTERS, Nasdaq, U.S . Securities, Exchange Commission, EV, Thomson Locations: Los Angeles , California, U.S, Indonesia, India, Malaysia, HANOI, Asia, VinFast, Indonesian, Southeast, Vietnamese, Haiphong, North Carolina, East, Africa, America, Europe

☆ Fire at Vietnam apartment block kills 30 — state media
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: +1 min

Firefighters work to put out a fire and rescue people at an apartment block in Hanoi on September 13, 2023. At least 30 people have been killed in a fire at an apartment block in Vietnam's capital Hanoi, among them children, local media reported on Wednesday, citing the city's police. Contacted by Reuters, an officer with Hanoi police said the number of victims had yet to be finalised and declined to provide details. State-run Dan Tri and Saigon Giai Phong put the death toll at 30, citing Hanoi police. Several of the victims were admitted to local hospitals with multiple injuries after having jumped from their windows to escape the fire, state media said, citing Vu Hoang Phuong of Hanoi Medical University Hospital.

Persons: Dan, Phong, Hoang, Pham Minh Chinh Organizations: Vietnam News Agency, Reuters, Hanoi police, Police, Hanoi Medical University Hospital . Locations: Hanoi, Saigon

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