Focus: Forex Rate Under Pressure: If the forex rate faces higher pressure to an extent that it can cause macroeconomic instability, what other steps can the monetary regulator take to intervene in the forex market besides draining Vietnam dong from the economy?
Inside Vietnam
Navigating In Uncertain Times: Vietnamese businesses should brace for ongoing economic uncertainties. Economic expert Nguyen Tri Hieu discussed this issue with The Saigon Times.
The Dire Hiccup: The Government has formally asked the National Assembly for permission to extend the special mineral extraction mechanism for common building materials until the end of 2024. Most construction projects are grappling with shortages of materials, particularly sand for roadbeds in the Mekong Delta region.
Cooperation Vital For Wildlife Protection: Efforts to safeguard the environment and promote harmonious coexistence between humans and nature are central to environmental projects led by international organizations like the U.S. Agency for International Development (USAID) and the World Wide Fund for Nature in Vietnam (WWF-Vietnam).
Business
Short-term Capital Overutilized: The ratio of short-term capital used to make long-term loans now needs to be reduced as required by the central bank, but it has been rising steadily in recent months, especially at private banks.
Positive Signs: Real estate and construction companies are showing renewed interest in raising funds through share and bond issues.
Living
Green Packaging Augments Branding: Similar to advertising campaigns, product packaging serves as a means of communicating brand messages and significantly contributes to the establishment of brand equity. It is one of the crucial factors in grabbing consumers’ attention and plays an important role in the overall success of a brand.
Immersed In Local Culture: Ao Ba Ba Festival 2023 wrapped up on October 1 in Vi Thanh City, Hau Giang Province, but its reverberation stays on, not only among the audience who came out of curiosity to explore how such a strangely named festival would turn out and how their traditional costume would be promoted.
Travel
The Timeless Beauty Of Vinh Quy Green Grass Hill: Visiting Vinh Quy Grass Hill between May and October each year offers tourists a chance to immerse themselves in a picturesque natural landscape. With a clear blue sky above and an endless carpet of green grass covering the rolling hills, the scene is nothing short of poetic.
Suong Noodle Soup: A Delight From Tra Vinh Province: Suong noodle soup, known as “bun suong,” instantly captivates diners with its visually appealing appearance featuring shrimp patties shaped like larvae coconut worms, complemented by a subtly sweet and sour broth prepared from a treasured recipe.
