Focus: 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.
Inside Vietnam
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 against corruption at the provincial level and their expectations of an efficient and effective governance system to meet their higher demand.
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 quite unpopular in Vietnam.
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.
Business
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.
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.
Living
Combining Teaching And Playing Rock Music: While most people believe rock is hard to listen to, for Richard Mcmillan, an Englishman, rock, like other genres, can talk about the different ideas in life, love, heartbreak, or expressing one’s feelings, but in a more powerful way. In an interview with The Saigon Times, Mcmillan talked about how he balances being both an English teacher and a rock performer and his journey to becoming a rock performer in Vietnam.
Floating Above Hue In Hot Air Balloons: The sky in the central city of Hue saw a burst of color during the International Hot Air Balloon Festival 2023, which took place from April 13 to 20. The festival, themed “Hue – Beauty of the ancient capital”, attracted many locals and tourists.
Travel
The Picturesque Landscape Of Hon Co: Not too far from HCMC, Hon Co, a picturesque resort complex located in the Ca Na Strait of Ninh Thuan Province, has become an ideal destination for travelers.
Awaking The Taste Buds With Grilled Banana Wrapped In Sticky Rice: Vietnamese grilled banana wrapped in sticky rice (banh chuoi nep nuong) has been chosen as one of the most delicious and most-liked desserts due to its unique processing method and flavor.
