Focus: Nurturing Tourism Sustainability: The fact that some countries are adopting an “anti- overtourism” stance presents an opportunity for Vietnam to study and leverage tourism sustainability.
Inside Vietnam
The Exchange Rate Pressure Eases: In the first half of this year, the exchange rate was a major concern for investors and regulators but now the pressure has eased, with the U.S. dollar expected to fall further against the local dong currency in the rest of the year.
Caution Is Advised: The collection of toll fees from publicly-financed expressways may start from October 1, 2024. This matter has been on and off for several years. While toll collection is essential for stepping up traffic infrastructure development, it is crucial to ensure that this practice is not misused, particularly by using taxpayer money to fund those projects that could be carried out by the private sector.
No Easy Task: Some provinces want to pilot investment and trading in forest carbon credits but cannot make it due to a lack of regulations and guidelines.
Business
Macroeconomic Recovery Fuels Stock Market: The ongoing macroeconomic recovery is propping up the local stock market.
Challenges Ahead for Danang’s Free Trade Zone: The National Assembly has recently approved special mechanisms and policies for the development of Danang City, including the pilot establishment of a free trade zone. However, significant challenges remain to fully realize this policy.
Living
Striving For Sustainable Tourism: In the Mekong Delta, there has emerged a new form of tourism which places a greater emphasis on sustainability and primarily targets Vietnamese tourists.
Cham Legacy In Nha Trang City: Ponagar Tower, located in the coastal city of Nha Trang, dates back to the eighth to 13th centuries and stands proudly on Cu Lao Hill. It is dedicated to Goddess Ponagar, revered as the “Mother of the Cham people.”
Travel
Kho Muong Cave: A Timeless Natural Marvel: Situated in the Pu Luong Nature Reserve, Kho Muong Cave, also known as Bat Cave, stands as a timeless natural marvel. Its untouched landscape and rich biodiversity make it a captivating destination for those seeking to explore the wonders of nature.
Banh It Tran: A Culinary Tradition From Central Vietnam: Banh it tran, known as Vietnamese sticky rice dumpling, is a delightful dish that perfectly balances soft, chewy dough with a rich, savory filling. This traditional snack is a must-try for anyone looking to experience the authentic flavors of central Vietnam.
