Focus: Paying Tribute To The Party General Secretary: This week’s edition of The Saigon Times Weekly reached out to readers as Vietnam will observe two days of national mourning on July 25-26 in honor of General Secretary NGUYEN PHU TRONG of the Communist Party of Vietnam (CPV)’s Central Committee, who passed away on July 19 at the age of 80.
Inside Vietnam
Recovering Or Restructuring? The year has seen a significant increase in corporate bond sales, with an upward trend over the past few months. However, there has also been a sharp decline in the amount of bonds bought back before maturity. Could this be a sign of strong recovery in the corporate bond market?
A New Growth Scenario: Despite the market demand remaining weak, macroeconomic indicators have unexpectedly improved, prompting a reassessment of Vietnam’s gross domestic product (GDP) growth forecast for 2024. However, analysts believe that the new GDP projections are hard to achieve, with downside risks still present.
Business
The Gold Tax Issue: With the argument that taxing gold investment will ensure fairness when it comes to treating different assets, Dr. Le Dat Chi at the HCMC University of Economics told The Saigon Times that the tax is not an issue and has its own principles.
Big Investors Keep Taking Profits: The stock market is currently witnessing highly unpredictable developments, as the VN-Index remains under constant correction pressure. Liquidity has surged every time the index approaches its recent peak of around 1,300 points.
Living
Magical Isles Of My Tho, Ben Tre: Take an ultimate boat ride from My Tho to the enchanting isles of Thoi Son and Phung along the Tien River. Each moment spent on these isles is a feast for the senses, where you will discover beaches enveloped by pristine natural splendor.
30 Con Dao: A Waving Paradise: Located off the coast of Ba Ria-Vung Tau Province, Con Dao Island is known as a paradise for tourism. Its painful yet heroic historical imprints, coupled with breathtaking natural scenery, make the island a popular destination for many tourists.
Travel
The Breathtaking Chieng Khoa Waterfall: Situated in the lush green mountains of northwestern Vietnam, the seven-tiered Chieng Khoa Waterfall cascades in a white torrent day and night, forming emerald green lakes at each tier and creating a great natural landscape.
A Twist On Banh Beo: Residents in Binh Duong Province have creatively transformed the simple banh beo (bloating fern-shaped rice cake) into banh beo bi (bloating fern-shaped cake served with shredded pork skin) with a unique flavor. It gives visitors an unforgettable experience.
