PM orders prompt solution to fuel shortage
HCMC – The Ministry of Industry and Trade is told to expedite drastic measures to handle the current fuel shortage, directing wholesalers to supply sufficient gasoline to the market. In an official dispatch sent to relevant ministries on November 11, Deputy Prime Minister Le Minh Khai said the
The situation is now different
The State Bank of Vietnam’s (SBV) recent decisions to hike key interest rates, widen the trading band of the Vietnamese dong, and actively engage in open market operations have significantly contributed to ensuring macroeconomic stability and easing inflationary pressure The effectiveness of
A Luoi: A perfect weekend getaway
A visit to A Luoi, which boasts a unique indigenous culture, will leave tourists with many unforgettable experiences. A Luoi, a mountainous district in the central province of Thua Thien Hue, is located 600-800 meters above sea level. To visit tourist sites in A Luoi, it takes tourists some two
Is it time for REITs?
Real Estate Investment Trusts (REIT) were established in Vietnam’s assets legal system in 2012. However, questions remain behind their unpopularity among investors in the domestic market. Real estate investment has recently stalled as credit growth limits have reduced banks’ loan access.
Accor, Meyland sign agreement to open Grand Mercure Phu Quoc
HCMC – Accor further expands its portfolio in Southeast Asia through a partnership with Meyland to run the new hotel Grand Mercure Phu Quoc, which will provide convention facilities and services for accommodation and big events. Situated some 11km from Phu Quoc International Airport, Grand Mercure
The rustic rice cake of Nghe An Province
Although the process of making Sa Nam banh duc (plain rice cake) is quite difficult, the cake has been a popular activity among the people of Nghe An Province for decades and has become a long-lasting tradition handed down by ancestors. To make banh duc, the cook has to make molds, grind, cook and
Policy space for forex control
With pressure on the local currency still lingering, while resources and vehicles required to stabilize the forex rate are being exhausted, a big question arises over whether the monetary regulator still wields any policy space for forex control in the coming time Increasing pressure Since October
Saigon Times Group, Agribank present scholarships to poor students in HCMC
HCMC – The Saigon Times Group, in coordination with the HCMC Journalists Association and local authorities in districts 5 and 8, presented 34 scholarships this morning, November 12, to poor students and those who lost a parent or were orphaned due to Covid-19. The presentation of the scholarships
HSBC supports Vietnam for sustainability goals
HCMC – HSBC Vietnam and the Ministry of Natural Resources and Environment have signed a memorandum of understanding (MOU) to collaborate on the Environment, Social and Governance (ESG) agenda. Under the MOU signed on the sidelines of the ongoing 27th United Nations Climate Change Conference of the
The kind of wild plants that grow in the forest, it doesn’t take much effort to replant, and it gives a good income
A wild plant growing in the forest has a bitter taste, bringing a good source of income for the people of the mountainous commune of [...]
Selected, oversized “flying shrimp” market in the suburbs
Located in the suburbs, of Nghi Kim commune, Vinh city, Nghe An is a semi-agricultural commune with a market specializing in selling “flying shrimp” specialties. [...]
Radisson Blu Resort Phu Quoc wins Luxury Beach Resort award
HCMC – The World Luxury Awards on October 31 announced Radisson Blu Resort Phu Quoc as the regional winner of Luxury Beach Resort. This year marked the 16th annual World Luxury Hotel Awards with the participation of numerous outstanding properties worldwide. The final winner results were announced