Totally unwind with these 5 campgrounds close to Hanoi
Camping spots for visitors who like peace are free and can be on the road right.
Parkson Vietnam filing for bankruptcy and challenges mentioned
After 18 years of operation, Parkson Vietnam applied to the Ho Chi Minh City Court and began voluntary bankruptcy proceedings on April 28th.
Lifting the value of export apparel
Experts agree that improving textile production, fashion design and localization is needed for the long-term development of the domestic garment sector. Increasing product quality Most raw materials used in Vietnam’s textile sector are imported from China and other countries, making the industry
Affordable housing requires new policy
Prime Minister Pham Minh Chinh signed Decision 338/QD-TTg on April 3, 2023, approving an investment plan to build at least one million social homes in the 2021-2030 period. Given the current stagnant property market, there is a pressing need to consider implementing new policy to develop
Moving out of hibernation
The tight monetary policy and the corporate bond and housing market crash in the second half of 2022 resulted in a cash crunch in the real estate market. However, capital has begun flowing back to the housing market. Capital flows back Data from the Ministry of Finance showed that corporate bond
Bancassurance and regrettable prejudices
In advanced economies, life insurance is increasingly popular to most people, and bancassurance arrangements account for more than two-thirds of all insurance policies. Such facts prove that life insurance is essential, and bancassurance is trusted by policyholders. That trend, however, seems
Bracing for upcoming challenges
Obstacles to economic growth were found as shown by statistics at the end of 2022 and became more serious in the first quarter this year. Currently, most key economic indicators are much poorer than in the same period last year. The value of textile and garment exports hit rock bottom, while the
Historical turning point: Vietnam's multi-billion industry shaking
In the past two decades, Vietnam's export volume of cashew nuts has consistently ranked first in the world. Still, the historic transition from a trade surplus to a trade deficit has caused the Vietnamese cashew nut industry to stumble.
Foreign capital
Improving the business environment and planning land use for industrial production are needed to attract foreign capital. Enhancing industrial land use policy In 2022, the southern province of Dong Nai emerged as one of Vietnam’s top five destinations for foreign direct investment (FDI), the first
Key takeaways from PAPI 2022
PAPI 2022 shows people’s optimism about the economy despite the lingering concerns over the protracted impact of Covid-19. The report depicts a clear picture of the provincial performance in the second year of the 2021-26 tenure and changes in the public viewpoint on the efficiency of the fight
Bright spots amid dreary picture
Listed companies are entering the peak season when their business results for the first quarter of 2023 will be made public. As previously forecast, quite a few enterprises suffered a sharp decline in their profits, or even made losses. Risks from volatile prices, stagnant consumption This came as
Vietnamese spend $1.6 billion on importing iPhones
In 2022, Vietnam's expenditure on importing original smartphones exceeded $3.5 billion, with the iPhone alone exceeding $1.6 billion.