Focus: Riding Out Yagi Consequences: Typhoon Yagi left a trail of destruction in northern Vietnam but the affected communities are showing remarkable resilience as they are working to rebuild their homes and restore their lives.
Inside Vietnam
Relief For Export Processors: Export processors can now breathe a sigh of relief as the Ministry of Finance and the Standing Board of the National Assembly’s Finance and Budget Committee have agreed to maintain the value-added tax (VAT) of zero percent on services provided to businesses in non-tariff and export processing zones.
Is Business Confidence Back? The number of businesses resuming operations continues to grow strongly. What factors are driving this trend, and is this recovery truly sustainable?
Big Market For Agro-products: With its large population, rapidly growing GDP, and increasing consumer spending, India is becoming an attractive destination for Vietnamese food and agro-product exporters. Over the next five years, Indian consumers are projected to become the largest spenders among G20 economies, with an estimated compound annual growth rate of 6.6%, compared to the G20 average growth rate of 2.7%.
Business
A Real Estate Tax? Housing prices in urban areas are still on the rise, driven by not only limited supply but also investment and speculation. Many have thrown support behind a real estate tax to help regulate the market.
Economy Recovers On Controlled Inflation: The Vietnamese economy is continuing recovering, supported by stable inflation and a rebound in production, according to the General Statistics Office’s August 2024 report.
Living
A Thriving Hub For Professionals: The city where I grew up has undergone a remarkable transformation, driven by rapid development and the introduction of countless services for remote workers like myself. These new amenities make it easier than ever to thrive in this dynamic environment.
A Serene Escape For Nature Enthusiasts: The Cham Islands, a UNESCO World Biosphere Reserve located off the coast of Hoi An, are a hidden gem known for their pristine beauty, crystal-clear water, and rich marine life. Perfect for nature lovers seeking tranquility, the islands offer a peaceful retreat year-round, enhanced by historic landmarks such as Hai Tang Pagoda and the autumn bloom of the vibrant Ngo Dong trees.
Travel
Rural Life On Thieng Lieng Islet: Thieng Lieng Hamlet, an island off the outlying Can Gio District, has become HCMC’s first community-based tourism destination, offering a variety of unique travel experience.
Dalat’s Fresh Take: Strawberry Chicken Salad: With a delightful mix of sweet and tangy flavors, Dalat’s strawberry chicken salad offers a refreshing twist that is sure to captivate diners from the very first bite.
