All tips for a trip to Ly Son Island, Vietnam 2023
Ly Son is an island district in Quang Ngai province, Vietnam. The district consists of 3 islands: Cu Lao Re (Big Island), An Binh Island commune (Small Island) and Mu Cu Island, about 30 km from the mainland. With the advantage of pristine scenery and economical travel costs, many tourists have
Singapore warns U.S., EU chip subsidies will ‘drive up costs’
Both Singapore and Malaysia produce a disproportionately large amount of the world’s semiconductors.
Bright spots amid the gloom
Despite weak global consumer demand, many foreign buyers are still looking to Vietnam for sourcing goods and business cooperation. This is crucial for manufacturers and exporters in Vietnam to seize this opportunity to retain existing buyers and attract new customers. Promising opportunities ahead
Green lending needs mechanism
The greatest challenge for helping enterprises in Vietnam achieve sustainable development and the net zero target by 2050 is to adopt a suitable policy to attract more green loans Green loans trickle in In 2022, the green, social, and sustainability loan market in ASEAN declined by 32% compared to
Global Rate-Hike Endgame Is Now Haunted by Recession Worries
Investor fears of mounting economic damage are threatening to overshadow the next round of interest-rate hiking all but promised by central bankers from Washington to Frankfurt.
Make a difference
Looking for a niche market and building a sandbox with breakthrough policies can be a pathway to help gradually turn HCMC into an international financial center capable of supplying cross-border financial services. This, however, is a long-term vision, while in the near term, it is important to
Investments - key to economic growth in Việt Nam: WB expert
Andrea Coppola, World Bank Lead Economist for Viet Nam speaks to Vietnam News Agency about his recommendations for the country to speed up economic recovery and development in the time to come.
The continued downturn
Industrial production decline, import-export slump, and negative indicators from the purchasing managers index (PMI) are pointing to a prolonged economic slowdown in the second half of 2023. Negative signs A report by the General Statistics Office (GSO) indicates a decline in industrial
Global demand decline denting exports and budgets
A go-slow-down in global demands is predicted to linger, making it difficult for Vietnam to expand exports this year, while also affecting the country’s state budget revenues.
More loosening on the horizon?
While interest rate cuts have yet to have a strong positive impact, tough access to capital and stagnant cash flow have yet to be addressed. Therefore, many are of the opinion that money supply needs to be loosened. Ample forex supply The first five months of this year saw a trade surplus of up to
Domestic businesses striving to overcome technical barriers in exports
The EU’s latest adjustments in quality inspection of imported processed food and produce from Vietnam show looser regulations. This means Vietnam’s exported merchandise has improved quality, safety, and hygiene.
Credit growth sparks concerns
The State Audit Office of Vietnam has issued a warning that credit growth in high-risk areas exceeded overall growth in 2022, and the credit-to-GDP ratio now poses potential risks. What do these facts signify and why is it concerning? Credit in high-risk areas In the 2022 report recently submitted