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
Sustainability is not just green
Three pillars of sustainability, namely economy, environment and society, are recognized and promoted in the United Nations’ 2030 Agenda for Sustainable Development. Sustainable development encompasses the conservation and development of different types of capital, including capital for
Strategy to develop Mekong Delta region
The Mekong Delta has been in decline, and questions arise over whether its economy will return to growth or continue to suffer from the downturn in the next period. After the high growth in the 2001-2010 period, the Mekong Delta’s economy gradually slowed down and entered a recession from
Innocent feelings of little artists
It was worrying to see the unexpected rain in HCMC this month. But unlike a farmer who would be worried about his rice germination due to the rain while it is being dried outdoors, I was worried about something else: paintings at a recent exhibition not being moved inside in time, wasting the hard