Focus: An Elephant In The Room: In August 2024, issuing organizations might not be able to timely redeem an estimated 40% of corporate bonds that fall due.
Inside Vietnam
Will Policy Rates Stay Put? Although deposit interest rates continue rising, predictions about the central bank’s policy rates have shifted significantly. What has led to these new expectations for future monetary policy?
Private Sector’s Polarization: The list of the top 100 private companies that contribute the most to Vietnam’s budget revenue, according to a recently published ranking, is unsurprising. It is still dominated by companies in the banking, real estate (including diversified businesses with real estate operations), and consumer retail sectors. The technology sector is represented by only two companies.
A Doable Green Approach: Social housing development in Vietnam has faced a myriad of obstacles, and the introduction of green standards has raised concerns about cost. Despite these challenges, Vietnam’s ambitious one-million-social-home program has made certain progress, with 15% of its target already met.
Business
Foreign Investors Come Back: The recent stock market recovery has seen foreign investors resuming net buying. What factors are driving the market and potentially altering foreign investors’ next moves?
Moving Toward Greater Stability: Concerns over a potential coffee shortage due to the EU Deforestation Regulation (EUDR) will impact future coffee prices and export markets. This regulation, which prohibits the circulation of agricultural products linked to deforestation, will take effect on January 1, 2025.
Living
Quang Nam’s Enduring Spirit: In the bustling Bay Hien area in HCMC’s Tan Binh District, there is a unique establishment that offers solace to those feeling homesick: Ba Hoa Market.
International Dance Festival Lights Up Imperial Citadel: The 2024 International Dance Festival, held from August 17 to 21 in the historic city of Hue, brought together nearly 500 artists from 17 art troupes representing nine countries – Laos, the Philippines, China, India, Indonesia, Cambodia, the United Arab Emirates, Malaysia and Vietnam.
Travel
Ruc Mon Cave: A Natural Wonder In Quang Binh: Nestled among the mountains of Minh Hoa District in Quang Binh Province, Ruc Mon Cave is a hidden natural gem that captivates visitors with its mysterious beauty. The cave remains largely undeveloped for tourism, allowing it to retain its pristine wilderness.
Discover Binh Duong’s Signature Beef with Fermented Shrimp Paste: When visiting Binh Duong, travelers are encouraged to try the local specialty: beef dipped in Vietnamese fermented shrimp paste (bo nhung mam ruoc). This dish is renowned for its unique and memorable flavor, created by the perfect combination of fresh, tender beef and a blend of distinctive spices.
