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...
Global trade to drop 5% this year

Global trade to drop 5% this year

(VOVWORLD) - Global trade is set to contract 5% in 2023, the UN Conference on Trade and Development (UNCTAD) said Monday, and its forecast for 2024 was pessimistic
Building a new, sustainable global food network

Building a new, sustainable global food network

(VOVWORLD) - The Global Food Security Summit in London on Monday focused on international efforts to apply technology and connect innovative ideas on agriculture to build a new, more sustainable global...
Vietnam’s economy is recovering steadily

Vietnam’s economy is recovering steadily

(VOVWORLD) - Vietnam's economy in October and in the first 10 months of this year showed recovery on several fronts, but growth momentum was most clearly evident in investment, domestic consumption...