28.9 C
Ho Chi Minh City
Saturday, June 28, 2025

spot_img

TAG

reciprocal tariff

Caught between mass and niche

Vietnam’s tourism industry faces a challenge in choosing between catering to guests who prefer luxury services or accommodating mass tourism with more budget-conscious visitors The global economic slowdown, coupled with U.S. President Donald Trump’s tariff policy, is expected to have tremendous impact on global tourism this year. Despite over six million international tourists coming to Vietnam in the first quarter, the sector is facing a tough challenge in reaching its target of 22-23 million foreign visitors in all of 2025. Identifying the right market segments and strategically optimizing visitor spending are becoming increasingly crucial. The story of Monaco Monaco, a small country by the Mediterranean Sea, has a population of over 38,000 and a land area of a little over two square kilometers, making it the world’s second smallest nation after the Vatican. Despite its size, Monaco is incredibly wealthy, with one millionaire for every three residents. A dream destination for luxury travelers, the kingdom is renowned for its opulence, featuring iconic attractions like Monte Carlo’s bustling entertainment scene, lavish hotels, and streets lined with luxury cars. Affluent visitors flock to Monaco to indulge in high-end experiences, shop for exclusive brands, and admire its timeless, romantic beauty. Monaco welcomed over […]
To read more, please click here.

Betting on a breakthrough

It is tough to predict stock market movements this May as multiple scenarios depend on the outcome of trade negotiations between the U.S. and...

Vietnam aims for sustainable, equitable trade growth with U.S.

HCMC - Minister of Industry and Trade Nguyen Hong Dien called for deeper Vietnam-U.S. cooperation under the comprehensive strategic partnership between the two nations,...

Banks step up infrastructure lending?

This year’s economic growth is under threat from rising tariff barriers, which are expected to significantly hinder credit expansion within the banking sector. In...

PM calls for proactive talks with U.S. on tariff issues

HCMC - Prime Minister Pham Minh Chinh has instructed ministries and agencies to proactively engage with the U.S. on tariff negotiations. On April 29, Prime...

Staying flexible amid tariff pressures

A flexible approach to investment and operations has proven essential for many Vietnamese exporters in navigating the risks associated with the shifting U.S. tariff...

Farmers under tariff pressure

Within less than ten days of the United States announcing reciprocal tariffs earlier this month, prices of agricultural products on commodity futures exchanges fluctuated...

Sectors bracing for tariff storm

Tariffs have taken center stage in global financial market discussions since early April. Unpredictable policy moves by U.S. President Donald Trump have roiled stock...

Latest news

spot_img