Thanh Hoa, Vietnam: Expanding seedless lychee growing area for export
The first cargo of 1.1 tons of seedless lychee from Thanh Hoa, according to Mr. Cao Van Cuong, Director of Thanh Hoa Department of Agriculture and Rural Development, was recently sent to Japan and the UK.
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
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
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
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
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
Which stocks to buy in June
The recent improvements in trading volume may aid the VN-Index, the benchmark stock index, in breaking the resistance zone of 1,080-1,100 points and continuing its rise in June. This indicates the resurgence of institutional investors, hedge funds, and private equity firms in the stock market.
Bright outlook for energy sector
The recently approved national power development plan VIII, covering the period 2021-2030 with a vision to 2050, has brought positive news to the energy industry and caught the attention of stock investors. Promoting the use of renewable and gas-fired energy while reducing coal-fired power is a
Indonesia massively imported Vietnamese agricultural products, increasing by 1520%
A country in Asia is buying many Vietnamese agricultural products in the first 5 months of this year. In particular, this country also spends about 16 times more money than last year to buy Vietnamese rice.
Work begins on Chau Doc-Can Tho-Soc Trang Expressway
HCMC – Three Mekong Delta provinces and Can Tho City held simultaneous groundbreaking ceremonies for four components of the Chau Doc-Can Tho-Soc Trang Expressway this morning, June 17. The ceremony for the expressway section in Chau Doc City, An Giang Province, was attended by Prime Minister Pham
Government urges swift resolution to electricity shortage in June
HCMC – The Government Office has released documents highlighting the outcomes of the meeting on measures for maintaining macroeconomic stability, with a strong focus on the urgent need to completely address the electricity shortage in June 2023. The Government Standing Committee has instructed the
