Ukraine to increase military budget

Ukraine to increase military budget

(VOVworld) - Ukraine will increase its budget spending for military modernization next year by 64 percent to about 445 million USD. Dmytro Gutsulyak, a spokesman for the Defence Ministry, was quoted...
Developing social institutions for workers

Developing social institutions for workers

(VOVworld) – Vietnam now has nearly 300 industrial zones that employ about 2.8 million workers. A survey by the Vietnam General Confederation of Labor shows that the lives of these...
China’s increased role in global trade

China’s increased role in global trade

(VOVworld) – The International Monetary Fund (IMF) has officially added the Chinese currency, the renminbi, to the organization’s Special Drawing Right (SDR) basket. This move acknowledges China’s important role in the...
OPEC agrees on oil output cut

OPEC agrees on oil output cut

(VOVworld) - The Organization of the Petroleum Exporting Countries (OPEC) has agreed on an oil output cut, because oil prices are at the lowest level in decades