Focus: Charting Global Course For Vietnamese Enterprises: As developed nations tighten emissions rules and demand greater supply chain transparency, Vietnam faces growing pressure to adapt. ESG standards are no longer a nice-to- have; they are essential for businesses and industrial zones to attract investment, reach export markets, and stay competitive in the global value chain.
Inside Vietnam
Global Lessons For High-Speed Rail Investment: As of the end of 2020, there had been 20 countries in the world having high-speed rail (HSR) networks totaling 58,839 kilometers. Excluding China, only three of these countries had HSR lines exceeding 1,500 kilometers in length. If Vietnam were to invest in and complete its entire HSR system, it would join the top five countries with the longest high-speed rail networks in the world—twice the length of the United States’ HSR system. But the crucial question remains how Vietnam can mobilize nearly US$70 billion, and which model should it adopt to invest in such a system.
In A World Of Risk, Vietnam Offers FDI Stability: Vietnam is expected to face several challenges that may affect its ability to attract new foreign direct investment (FDI) in the near future, as the recent decline in newly registered FDI over the first five months of this year signals a trend worth close monitoring.
Policy Reform Unlocks Innovation: Resolutions 57 and 68 are opening up opportunities to accelerate investment in technology and enhance capacity. However, greater policy clarity and closer coordination are essential to better support businesses.
Business
The Sharp Pullback in Bank Stocks: The correction in bank stocks—the market’s largest-cap group—has dealt a significant blow to the broader market, especially as it coincides with the pullback of key pillar stocks that had fueled the recent sharp rally.
Addressing eID Bottleneck: With little time left before Government Decree 69/2024/ND-CP comes into effect, many foreign direct investment (FDI) enterprises are still in standby mode, unsure of when their electronic identification accounts will be issued. If these issues are not promptly resolved, FDI enterprises may face serious challenges, directly impacting their operations and obligations to the State.
Living
Whispers From Worn Pages: Over the years, collector Tran Huu Tai has meticulously and passionately bound old, yellowed books, preserving them with quiet dedication. Each book holds fragments of memories from a bygone era, carrying whispers of the past within its worn pages.
Mushroom Hunting Season In Dalat: When Dalat’s rainy season arrives, between May and October, the pine forests come alive with wild mushrooms emerging from the damp, pine-covered soil. On misty mornings near Tuyen Lam Lake, foragers set out on quiet treks in search of edible, nutrient-rich fungi concealed beneath layers of fallen pine needles.
Travel
Exploring Monastery In Pine Forests Near Hue City: Nestled among lush pine-covered hills just 8 kilometers south of Hue City, Thien An Monastery offers visitors a serene escape from urban life. Known for its peaceful setting and unique East-West architectural blend, the monastery has become a favorite destination for nature lovers and architecture enthusiasts alike.
Phu The Cake: A Taste Of Wedding Traditions: Phu the cake, also known as “husband-and-wife cake,” is a traditional Vietnamese dessert that holds deep cultural significance, especially in weddings and engagement ceremonies.