Focus: Momentum Behind FDI Inflow: After declining in the first few months of the year, the inflow of foreign direct investment (FDI) showed a turnaround in July. What are the key factors behind the rebound of foreign funds, especially FDI, and will this trend continue in the coming time?
Inside Vietnam
Credit Stagnation: At the Government’s regular monthly meeting held on August 5, Prime Minister Pham Minh Chinh stressed that the economic growth target for 2023 would be kept unchanged. Credit growth is seen as the driving force behind economic growth, but the slow tempo in the year’s first half is cause for concern.
Hopeful Of A Market Rebound: The real estate sector faced a challenging start in 2023, with many listed companies reporting steep declines in profit. However, a glimmer of hope shines for the second half of the year as investor confidence begins to rekindle.
Rice Export: To Boost, Or Not To Boost: Amidst the current landscape, every choice regarding rice export bears weight on the local rice market and the livelihoods of rice farmers. The pivotal question: should Vietnam rev up or scale back rice export in the rest of the year?
Business
Formidable Barriers To FDI Inflows: Inefficient infrastructure and low-skilled labor have long been regarded as obstacles to attracting foreign direct investment (FDI) in Vietnam’s Mekong Delta region. Making matters worse are bureaucratic hurdles and legal inconsistencies that pose even more formidable barriers to drawing investment into the area.
GDP Growth Review: The average gross domestic product (GDP) growth in 2010-2022 is 6.1%. However, this period should be divided into the pre- and post-Covid-19 periods.
Living
An Artistic Entrepreneur Who Makes A Difference: Bich Thuy is an entrepreneur with an artistic soul, deeply committed to creating positive impacts on her community, the environment and the arts. Her passion for these causes radiates through all her endeavors, from her creative pursuits to her philanthropic initiatives.
Ao Dai Takes Center Stage At Festival: Themed “Hue’s Ao Dai – Tales from the River,” the annual Hue Festival 2023’s Ao Dai program took place on the evening of August 12 in the central city of Hue, drawing numerous local and foreign visitors.
Travel
Exploring Terraced Fields of Phung Village: Tucked away in Hoang Su Phi District of Ha Giang Province, Phung Village is where you can witness the sheer magnificence of terraced fields that seem to blend seamlessly with the ethereal sea of clouds. But that’s not all – Phung Village is also a living testament to traditional cultures that have stood strong through the ages.
The Rustic Charm of Bean Porridge: In the treasured memories of Hanoi locals is a dish that brings back the coziness of childhood and serves as a delicious escape from the city’s scorching days – bean porridge with tofu and pickled garden eggs.