Coffee, Rice and Durian Prices Surge at the Start of the Year in Vietnam
Coffee, rice and durian - three key agricultural commodities produced in Vietnam, have seen their prices climb sharply at the beginning of 2024 due to a combination of global supply and demand factors. According to analysis from Vietnam's Ministry of Agriculture and Rural Development, most
Vietnam's beer industry at its lowest in 24 years and new directions in alcohol beverage business
Vietnam has long been one of Southeast Asia’s largest markets for beer and alcohol consumption. However, statistics show the country’s beer industry is facing its most significant downturn in over two decades as consumer habits and societal views change. Industry leaders are taking notice and
Vietnamese Digital Startups Aim for Strong Growth, Increased Competition with Global Tech Giants in 2024
Hanoi, Vietnam - As Vietnam ramps up efforts to transition to a digital economy and society, local tech companies are playing an increasingly important role in developing digital infrastructure and platforms that cater specifically to the needs of Vietnamese users. Several prominent Vietnamese
Pilgrimage to Khai Nguyen Pagoda and the Tallest Buddha Statue in Southeast Asia
Khai Nguyen Pagoda is a famous Buddhist temple located in Son Dong commune, Son Tay town in Hanoi, Vietnam. It has become one of the most popular spiritual tourism destinations thanks to the magnificent 72-meter tall Buddha statue enshrined within its grounds. After nine years of construction that
Coffee Cherry Tea (Cascara): A New Popular Drink in Vietnam and Around the World
Cascara, also known as coffee cherry tea or caffeine tea, is gaining popularity globally as a unique beverage made from roasted coffee cherries. In recent years, cafes in Vietnam have started introducing Cascara to customers, tapping into rising interest in this novel drink. Let's take a closer
New Regulations for Travel Procedures on Planes in Vietnam
Beginning February 15th 2024, the Ministry of Transport of Vietnam issued Circular 42/2023/TT-BGTVT implementing a number of new regulations regarding identification documents when traveling by airplane. Per the new regulations, passengers must present certain documentation when going through
Apple Begins Mapping Data Collection Across Vietnam
Tech giant Apple is ramping up its efforts to improve the quality and accuracy of mapping data available on its Maps app in Vietnam. According to sources, Apple has begun deploying specially equipped camera cars throughout the country from February 16th as part of its global initiative to rebuild
Gold Bar Price Rises to VND79 Million on February 16th, 2024
Following the recovery of gold prices in the global market to surpass $2,000 per ounce, prices of gold bars and jewelry in Vietnam have also turned upward by several hundred thousand VND per tael in the morning of February 16th, which falls on the seventh day of the first month in the lunar
The race to burn trillions of money is all-or-nothing: 2 Singaporean technology giants make much money in Vietnam, and domestic businesses suffer endless losses
Recently, Baemin - the food delivery application of unicorn startup Woowa Brothers from Korea, had to leave the Vietnamese market.
ACB spends 2,000 billion VND in Green/Social Credit for businesses
In early 2024, ACB officially launched a 2,000 billion VND Green/Social Credit package with many incentives for businesses with production and business plans that benefit the environment and society.
Give the highest priority to Vietnam - Laos relationship
In receiving Lao Prime Minister Sonexay Siphandone's official visit to Vietnam, President Vo Van Thuong affirmed that the Vietnamese Party and State always prioritize the Vietnam - Laos relationship.
Governor Nguyen Thi Hong: The mass withdrawal incident at SCB Bank had a strong impact
In 2023, in addition to the complex difficulties of the world economic situation, the mass withdrawal incident at SCB Bank at the end of 2022 will have a strong impact on liquidity and market psychology in 2023, according to the Governor of the State Bank of Vietnam Nguyen Thi Hong.