Focus:Igniting Transformation Accross All Sectors: Vietnam and France have laid a robust foundation for collaboration spanning half a century. This partnership has grown increasingly effective across various sectors. In an interview with The Saigon Times, Olivier Brochet, Ambassador of France to Vietnam, discusses the accomplishments attained by Vietnam and France during this period and outlines the expectations and primary objectives of both nations in the years ahead.
Inside Vietnam
Upward Pressure On Rice Prices: The recent rice price spike in Vietnam has raised concerns. Rice holds significant importance not only as a key item for calculating the consumer price index but also as a matter of food security for Vietnam.
Options For Rare Earths: The global rare earth market reached some US$9.5 billion in 2022, and is expected to hit US$20.9 billion in 2028, with a compound annual growth rate in the 2022-2028 period at 14.04%, according to Fortune Business Insights. However, given the net zero commitment by the year 2050, the demand for rare earths might fall afterwards.
The Irresistible Trend For Banking: Sustainable development is emerging as an undeniable trend within the finance and banking sector. Beyond traditional economic and capital safety considerations, financial and banking institutions must now also factor in environmental and social deliberations.
Business
Price Wars On E-Commerce Platforms: E-commerce platforms in Vietnam are not only experiencing fierce competition when it comes to product prices but also engaging in a significant race to lower shipping fees among logistics providers.
Margin Lending Buoys Profits: With outstanding margin loans on the rise in the third quarter of 2023 due to positive sentiment among individuals at home in the context of falling interest rates, securities as an investment channel have proven to be more attractive than bank deposits.
Living
A Pottery Artisan Keeps Traditions Alive: A pottery expert is attempting to create traditional pottery and use it to turn Vinh Long City into a tourist destination by showcasing the history of the craft from the 1930s to the present.
Painting On Mosquito Nets: Amidst the bustling contemporary art scene, people associate oil paintings with painters splattering colors on a canvas board. But instead of following the crowd, Nguyen Duc Tin, a painter in HCMC, has decided to push artistic boundaries and experiment with a new idea, choosing a canvas that is as deeply Vietnamese as it is extraordinary: mosquito nets.
Travel
Thrilling Natural Landscape On Nhiu Co San Mountain: Nhiu Co San Mountain, soaring to an altitude of 2,965 meters above sea level, has emerged as a captivating destination for adventurers drawn to its pristine beauty and untamed wilderness.
Another Distinctive Version Of Quang Noodles: With the skilled hands of Bau Nghe’s locals, oc buou (pila polita) can be transformed into various dishes, each with its distinct and unique flavors, especially Quang noodles with oc buou.
