Focus: A Few Snapshots of The Private Sector: There have been many requests for a groundbreaking resolution on policy to develop the private sector. Is another resolution on the private sector necessary? What kind of breakthrough policy is needed for private sector development? The Saigon Times presents discussions among experts on this issue, based on an overview of the current state of the private sector (non-state economy) and the position and role of private enterprises, which form a key component of the private sector.
Inside Vietnam
Crops Under Solar: Farming’s Future? Research indicates that the combination of agricultural production and solar energy significantly enhances economic efficiency. However, Vietnam needs clear and incentive policies to expand agrivoltaics on a larger scale.
Harmony In Transit-Oriented Development: HCMC faces significant challenges in implementing transit-oriented development (TOD), particularly as rising land prices and an uneven distribution of benefits create risks for the Government, investors, and local communities.
The Role Of Vietnam’s Private Sector: Based on data in 2022, the most recent year with complete and comprehensive figures, among the three types of business, private firms (officially classified as non-state entities) made the largest contribution to the economy in terms of job creation, budget revenue, and GDP contribution. However, more than 60% of current employment remains informal, and this workforce generates more GDP than private enterprises. Below are specific calculations and analyses.
Business
A Market Upturn In Doubt: Many investors may choose to take profits when the VN-Index of the Hochiminh Stock Exchange hovers around the 1,300-point level. However, historical data indicated that March often sees a strong market performance, meaning the market could continue rising despite uncertainties.
Alarm Over Agro-Product Warnings: In the first two months of 2025, Vietnam received 16 warnings from the European Union (EU) over chemical and antibiotic residues in agricultural and fishery products, the highest number among Asian countries. This follows 114 warnings in 2024, a 70% increase versus 2023, signaling a serious risk of losing market share as countries are tightening inspections of plant quarantine.
Living
Fanning The Flames: After winning So You Think You Can Dance, Sabra Johnson moved to Vietnam, driven by her passion for dance beyond the title of “winner.” In an interview with The Saigon Times, Johnson shared her reflections on her new life in Vietnam, where she focuses on spreading her love for dance and nurturing a greater appreciation for the art.
Circus Comeback With A Modern Twist: Acircus like no other, The Enchanted Land captivates audiences in HCMC with its seamless blend of acrobatics, cutting- edge 3D technology, and a gripping storyline. Staged at the Gia Dinh Park Circus Theater, the show has triggered an unprecedented ticket frenzy, with performances selling out weeks in advance.
Travel
A Journey Through Endless Grasslands: Nestled in the western reaches of Quang Tri Province, Xa Reng Grassland captivates visitors with its untouched beauty and serene atmosphere. Covering 20 hectares, this vast expanse of rolling greenery, fresh mountain air, and welcoming local culture makes it a dream destination for nature lovers and trekkers alike.
Chrysanthemum Hotpot: A Refreshing And Nutritious Delight: More than just a visually stunning dish, chrysanthemum hotpot is a flavorful and health-boosting meal.
