Focus: Monetary Policy Trends: The recent appreciation of the Vietnam dong currency against the U.S. dollar will give the State Bank of Vietnam (SBV) more room to adjust local-currency interest rates to fuel credit growth and stimulates the economy. However, there are still many challenges for monetary policy in the final months of 2024.
Inside Vietnam
Moving Up The Value Chain: Vietnam’s participation in global supply chains is shifting from lower-value-added products like textiles to higher-value-added industries such as electronics and technology.
Wider Business Scope For FIEs: New regulations on land management will significantly impact investment structures, methods for investors to acquire land, and financial aspects of real estate projects. Understanding these new regulations and closely monitoring how they will apply in reality will help real estate businesses better plan, manage and execute their projects.
Behind The Strengthening Vietnamese Dong: The U.S. dollar has been consistently depreciating against the Vietnamese dong recently, on both formal and informal markets. Besides the impact of the dollar fall on global markets, what other factors are contributing to this trend?
Business
Market Poised For Breakthrough: The VN-Index of the Hochiminh Stock Exchange has been recovering steadily since mid-August. It has now approached the 1,300-point mark once more. What is driving up the market and how might September play out?
Green Mobility On A Bumpy Road: Switching from gasoline-fueled motorbikes and cars to electric vehicles is an inevitable trend. However, the development of charging infrastructure must be integrated into the transition plan from the outset, as it plays a critical role in the successful implementation of the plan.
Living
Journey From Traveler To Entrepreneur: As YouTube becomes an essential tool for connecting with global audiences, many foreigners have chosen Vietnam as their long- term home to advance their careers and personal lives. Among them is Milan Smets from Belgium, who now lives and works in Vietnam. In this interview, Milan Smets talks about his journey from being an international traveler to becoming an active member of the local community, explaining why he and his family decided to make Vietnam their second home.
Where Nature And Conservation Coexist: Con Dao, a remote archipelago off the southern coast of Vietnam, is a place where the echoes of history blend seamlessly with the vibrant rhythms of nature. While known for its wartime prisons, Con Dao is also a haven of biodiversity, where lush forests and pristine waters nurture life in its most delicate forms. This photo essay captures the raw beauty and dedicated conservation efforts that make this unique landscape stand out, from the serene Dam Tre Bay to the vital turtle hatcheries on Bay Canh Islet.
Travel
The Enchanting Lake That Inspired A Song: Nestled amid the towering mountains and lush greenery of Bac Giang Province, Cam Son Lake offers the refreshing beauty of untouched nature and serene tranquility, making it a perfect destination for nature lovers and those seeking the majestic allure of natural landscapes. As the fourth-largest irrigation project in Vietnam, Cam Son Lake plays a crucial role in supplying water for agricultural production.
Bo Tai Chanh: A Perfect Harmony Of Flavors: Bo tai chanh, a popular Vietnamese dish of rare beef marinated in lime juice, is celebrated for its refreshing and tangy flavors. This dish has become a staple in Vietnamese cuisine, enjoyed at festive banquets and casual family gatherings alike.
