Focus: Social Housing Seen From Supply-Demand Perspective: For social housing, real demand should be determined and public resources used in the most effective way, Dr. Dinh The Hien, an economic and financial expert, said in an interview with The Saigon Times.
Inside Vietnam
Behind The Money Supply Spike: M2 money supply in the economy has fluctuated strongly in recent years. What has driven this trend?
Extending The VAT Cut: The National Assembly (NA) will consider continuing the two-percentage-point reduction in value-added tax (VAT) into the second half of this year to support businesses and households. The business community and experts have proposed applying the VAT reduction to all goods and services due to weak domestic consumption and the complexity of determining which goods are subject to the normal 10% VAT and which are eligible for the 8% rate.
A Closer Look At Net-Zero Carbon: By adopting sustainable practices in event management, the ESG Forum 2024 held in HCMC on June 13 this year demonstrated the feasibility of net- zero emissions efforts in Vietnam’s MICE industry.
Business
Foreign Investors Prefer Bonds Over Stocks: While foreign investors remain net sellers on the stock market, they shifted to net buying bonds in May, reversing their overall status from net sellers to net buyers in the first five months of this year
A Heavy Workload Before Vote: If approved by the National Assembly, the 2024 Land Law, the 2023 Housing Law, the 2023 Real Estate Business Law, and Clause 2, Article 209 of the Law on Credit Institutions will take effect from August 1, five months earlier than the previously approved date. However, before the vote, many items, especially the conditions to ensure the law’s implementation, are still quite in disarray.
Living
Cambodian Market In HCMC: Hidden away amidst Saigon’s bustling streets lies the Cambodian market, nestled within Ho Thi Ky Flower Market in District 10. Taking the time to explore this market reveals a treasure trove of cultural delights, with prahok noodles standing out as a personal favorite.
Watching Storks On Island: Located about 80km east of Hanoi, Stork Island in Chi Lang Nam Commune, Thanh Mien District, Hai Duong Province, is a favorite tourist spot for nature and wildlife enthusiasts.
Travel
Exploring The Pristine Wilderness At Lan Ty Mountain: Lan Ty Mountain in Lang Son, resembling God’s Eye Mountain in Cao Bang, attracts tourists who come to experience the thrill of abseiling and to admire its pristine and majestic landscape.
Hue-style Pork Lemongrass Skewer: Pork lemongrass skewer (nem lui) is a popular dish across Vietnam, with each region having its unique preparation and serving style. The Hue-style pork lemongrass skewer stands out with its special recipe and distinctive dipping sauce, making it a culinary highlight of the region.
