Focus: Online Advertising Value Chain: In the past 20 years, with the rapid development of digital technology, online advertising has become an important factor in shaping the digital content industry ecosystem and contributing to the growth of the digital economy.
Inside Vietnam
Will The Fall In Foreign Currency Loans Persist? The proportion of foreign currency loans has steadily declined in recent years, alongside foreign currency deposits. Can this trend be reversed in the near future? Where might the influencing factors come from?
The Emerging Silver Economy: Vietnam’s population began aging in 2011, when the percentage of people over 60 surpassed 10% of the population. This proportion has continued to grow and is projected to rise to 25% by 2050. However, the “silver economy” has only gained momentum in the past year or two, despite businesses recognizing its potential over a decade ago. While the availability of goods and services catering to the elderly has increased, the growth remains relatively modest.
Express Railway Project In High Gear: Several Vietnamese businesses have expressed interest in the development of a high-speed railway that connects the north and the south of the nation. To realize this colossal project, they will face significant challenges in human resources, technology, and finance, but if they don’t take the first step, there would be no progress, said Associate Professor Dr. Nguyen Hong Thai, vice chairman of the Railway Economy and Transport Association, in an interview with The Saigon Times.
Business
Opportunities From Expansionary Monetary Policy: With U.S. dollar interest rates now getting lower, foreign exchange risks have eased, potentially redirecting foreign investor funds to emerging and developing economies, including Vietnam. Which sectors will benefit?
Roadblocks To Foreign Investment: Though banks are eager to sell stakes to foreign partners to expand their operations and improve their capital adequacy ratio (CAR), legal hurdles and differing investment strategies have hindered progress.
Living
Embracing Biometric Authentication: In an era where digital security is more crucial than ever, biometric authentication has become a key method for protecting personal and financial information. Dr. Jonathan Crellin, senior lecturer in IT at RMIT Vietnam, discusses the increasing significance of this technology, particularly within the banking sector.
Hue Celebrates Ao Dai Splendor: As part of the year-long Festival Hue 2024 series, the Hue Ao Dai Festival, themed “Linh Phung” (Phoenix), took place at the Huong River Theater in the central city of Hue on September 23. The event honored the beauty of the Vietnamese ao dai (long dress) and its connection to the ancient capital.
Travel
Exploring Island With Oldest Lighthouse: Long Chau Island, featuring the oldest lighthouse in Vietnam, remains a hidden gem of untouched, majestic beauty, with no permanent inhabitants.
Tasting Thut Soup In Binh Phuoc Province: Thut soup, also known as thuc soup, is a traditional dish deeply rooted in the daily lives of the S’tieng and M’Nong ethnic communities in Bu Gia Map National Park, Binh Phuoc Province.
