E-commerce on the rise
The boom of e-commerce in Vietnam has opened up novel opportunities and posed looming challenges to the economy. Although the marketplace looks promising for businesses and consumers, Vietnam’s digital commerce has a long way to go before reaching its full potential. In an email interview with The
Bringing Vietnam-Japan ties to a higher level
When it comes to Japan, many people might think of a world-leading creator of advanced high-tech equipment. However, the country of the rising sun is famous for agricultural, fishery, and food products which are being promoted to export to many countries, including Vietnam. In an interview with
Aqua pilates takes the world by storm
This new form of exercise in the water has recently been available in HCMC, which takes quite a few workout lovers by surprise. Pilates, a system of exercises originating from the West, has been present in Vietnam for over a decade. Recently, aqua pilates – simple but effective workouts in the
In search of internal strength
Vietnam’s economy still relies heavily on the agro-forestry-fishery sector, as the trade surplus of this group accounted for over 75% of the national figure in 2022. As a result, optimizing the sector’s utilization is critical, as it is the economy’s internal strength. Real achievements The
The credit growth puzzle
The fact that banks have refrained from lending does not result from their concerns over the credit growth cap since it has already been revised up without any abrupt surge in new loans. There are other factors influencing how banks lend. The 2022 target As of December 21, credit growth in the
Challenges for banks ahead
Many banks might have recorded positive profit growth in 2022. But challenges are awaiting them this year given negative factors such as high interest rates and bad debt. Rising interest rates On January 5, 2023, VietinBank said it was looking to obtain VND19.45 trillion in pre-tax profit in 2022,
Unbridgeable voids in tourism
Although domestic tourism outcomes were far beyond the pre-pandemic period, international tourism headwinds remain a significant concern for the industry in the lead-up to the new year. Besides, 2023 is expected to be when the prospect of a smokeless industry is fulfilled. The assumption that the
What prompts education to change?
It is a pity that OpenAI introduced a prototype artificial intelligence chatbot called ChatGPT, allowing people to open accounts to use it, but has yet to accept access from Vietnam. All attempts to change IP addresses using VPN have been discovered and declined. In only five days, over one
Labor market woes
The run-up to the Lunar New Year has seen over 500,000 workers laid off and several others with their work hours cut, causing shockwaves among the labor community. When I took a taxi to the Buon Ma Thuoc airport late last week, our discussion focused on this year’s coffee crop. These days, Daklak
Answers from Down Under
“I am all fine, Mum.” That’s what I will say when my mother makes a phone call asking how I have prepped for the Lunar New Year. She always wonders if I can buy enough ingredients in Australia to make traditional Vietnamese dishes, though I have a zillion times told her: “Mum, all are there, […]
Confidence or greed?
For many people, the year 2022 is a bleak one, having incurred huge losses in stock or cryptocurrency trading. Unlike high-risk, high-return investments, there are people losing money despite expecting a reasonable rate of return because of their trust misplaced in a broker they have confided in.
Most devoted partners
After consistent efforts and dedication, Japan has positioned itself as one of Vietnam’s most devoted partners over the years. Vietnam has actively pursued an open-door policy and embraced deep international integration since the beginning of Doi Moi, also known as the reform era, in 1996. The