Focus: Power Cuts Hurt Economic Growth: Sufficient power supply not only plays a strategic role in national defense and security, but also serves as the pivotal input for socio-economic development. Therefore, power outages can lead to an economic crisis.
Inside Vietnam
Encourage Creativity And Provide Young People With Opportunities: Mr. Michael Koetsier is Vice President for Client Engagement at Skyrora UK Ltd., an orbital launch vehicle manufacturer that provides clients with low-cost access to space for a range of satellites. He has helped organize the Vietnam Space Week that took place this month in Hau Giang Province, HCMC, and Binh Dinh Province. The scientist also joined the Vietnam Space Week alongside NASA’s astronaut Michael A. Baker and NASA’s Flight Surgeon Josefs Schmid. Koetsier spoke with The Saigon Times about the importance of STEM in general and about nurturing the scientific spirit in particular.
Bracing For Acquisitions: Mergers and acquisitions (M&A) activities are expected to be intense across various production and business sectors due to inflation, liquidity woes and the hardships faced by numerous businesses. This is an opportunity for M&A investors to secure better deals.
Banks Step Up Bond Buybacks: While real estate firms are still grappling with woes, including cash flow problems that have rendered them helpless to take back their bonds that are due, commercial banks have performed well. They have paid their bondholders on time and have actively bought back their bonds that have yet to fall due.
Business
On A Plateau: Rice exports have soared by both volume and value in the year to date, but prices of rice exporters’ shares have barely improved.
Adapting To Changes: Traditional travel agencies have come under pressure to adjust their services and products in response to the growing popularity of independent travel among domestic tourists.
Living
A Gem Of The Mekong Delta: Vinh Long offers many attractions for visitors. A 2-day and 1-night trip to the Mekong Delta city of Vinh Long, about 140km southwest of HCMC, can be a rewarding excursion for foreign guests.
Daily Life In The 500-Year-Old Village: Phuoc Tich ancient village is located in Phong Dien District, Thua Thien Hue Province, about 30 kilometers north of downtown Hue City. The village, with a history of 500 years, was recognized as a national monument in 2009.
Travel
Tho Chau – A Hidden Gem Of Phu Quoc Island: Tho Chau Archipelago boasts a collection of stunning islands and picturesque beaches, attracting an increasing number of tourists who seek to explore its pure and untouched beauty.
The Must-have Cake In Doan Ngo Festival: Tro cake is a traditional cake that is a must- have offering to ancestors during the Doan Ngo Festival, a Vietnamese festival known for eliminating pests and diseases that harm crops.
