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Thursday, December 12, 2024

What’s in The Saigon Times Weekly this week?

The Saigon Times

Must read

Focus: Dealing With The Motorbike Traffic Problem: Lawyer Nguyen Tien Lap, a member of NHQuang & Associates law office, throws his weight behind Hanoi’s motorbike traffic restriction plan but stresses the importance of a comprehensive evaluation of its necessity and potential impacts. He argues that the “motorbike headache” partly stems from public administration issues, making public consultation essential for a fair and effective policy.

Inside Vietnam

Challenges Ahead For 2025 Growth Target: Vietnam’s National Assembly recently approved a 2025 GDP growth target of 6.5-7%, with a high-growth scenario set at 7-7.5%. In a global economy rife with uncertainties, what drives Vietnam’s confidence in achieving such ambitious growth? And where might challenges arise?

Nuclear Power Development: “If nuclear power is overlooked, Vietnam would struggle to find an alternative energy source capable of achieving its estimated annual growth of 10%. At the same time, it is crucial to encourage efficient and economical energy consumption,” said Assoc. Prof. Dr. Tran Van Binh at the Institute of Management Economics, Hanoi University of Science and Technology, in an interview with The Saigon Times.

Small Changes, Big Impact: Sustainable farming is no longer just an ideal—it is a practical solution that can boost productivity, increase income, and protect both health and the environment. By adopting smarter practices and utilizing resources more efficiently, farmers are witnessing transformative changes in their fields and lives.

Business

Exchange Rate Pressure Mounts: Recently, commercial banks have listed the selling price of the U.S. dollar at a level close to the ceiling set by the State Bank of Vietnam (SBV). What is piling the pressure on the formal foreign exchange market?

Local Stocks Still Attractive To Foreign Investors? Vietnam’s stock market is under constant net selling pressure from foreign investors, with a total net selling value of US$3 billion since the beginning of 2024. Does the local stock market still hold appeal for foreign investors?

Living

Uncertainty Requires Flexibility: Flexibility, trend-awareness, and market insights have empowered chefs, caterers, and investors to navigate uncertainties in Vietnam’s F&B sector.

Thai Hoa Palace Reopens: After over three years of meticulous restoration, Thai Hoa Palace, the historic venue where kings in the Nguyen Dynasty held their royal court, is now open to domestic and international visitors. This reopening adds another significant highlight to Hue’s complex of monuments, a UNESCO World Heritage site.

Travel

Pongour Waterfall: A Majestic Gem In Central Highlands: Renowned for its wild and breathtaking beauty, Pongour Waterfall stands as one of the most spectacular natural wonders in Vietnam’s Central Highlands. This enchanting destination captivates visitors with its untamed charm and serene surroundings, making it a must-visit spot for nature lovers and adventure seekers alike.

A Fresh Spin On Sizzling Pancakes: The tangy sweetness of sesbania sesban flowers blends perfectly with the rich flavors of river shrimp, pork belly, fresh herbs, bean sprouts, and fish sauce, creating a delightful twist on the traditional banh xeo, or Vietnamese sizzling pancake.

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