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The melting of land ice – on Antarctica, Greenland and mountain glaciers – added enough water to the ocean during the three-decade time period to raise the average global sea level by 3.5 centimeters. Ice loss from mountain glaciers accounted for 22 percent of the annual ice loss totals, which is noteworthy considering it accounts for only about 1 percent of all land ice atop land, Slater said. … [Read more...] about Earth is losing ice faster today than in the mid-1990s, study suggests

The Covid-19 crisis continues to represent an immediate threat to both individual safety and businesses, reflecting why pandemic outbreak has rocketed 15 positions up to #2 in the global rankings at the expense of other risks. Prior to 2021, it had never finished higher than #16 in 10 years of the Allianz Risk Barometer, a clearly underestimated risk. However, in 2021, it's the number one risk in 16 countries and among the three biggest risks across all continents and in 35 out of the 38 countries which qualify for a top 10 risks analysis. Japan, South Korea and Ghana are the only exceptions. China is the only country in Asia Pacific where Pandemic outbreak is not a new risk as it was ranked #7 in 2020. … [Read more...] about Allianz Risk Barometer 2021: Pandemic outbreak overtakes Business Interruption as top business risk in China

In its Asia Pacific Investor Intentions report, the American property consultancy said Vietnam's southern metropolis ranked after only Tokyo, Singapore, Seoul, and Shanghai in a poll of more than 490 Asia Pacific-based investors that asked a range of questions regarding their buying appetite and preferred strategies, sectors and markets for 2021. … [Read more...] about HCMC among investors’ 10 most preferred markets in Asia-Pacific: report

Steel manufacturing was a growth driver, the group said, adding that crude steel output doubled 2019's figure to 5.8 million tonnes, including 5.1 million tonnes of steel billet and finished construction steel and nearly 700,000 tonnes of hot rolled steel. Some 3.4 million tonnes of finished construction steel were produced, up 22.5 per cent against 2019. … [Read more...] about Hoa Phat Group posts 80 per cent growth in after-tax profit

The congress will last until February 2, during which it will select the leadership of the Party, state, government, and National Assembly for the next five years, besides finalizing socio-economic development policies for 2021-25 and orientations for until 2030 with a vision toward 2045. … [Read more...] about Vietnam targets to become a developed country by mid-21st century: Party chief