Focus: What To Expect In 2024: Against the backdrop of the global economic slowdown induced by uncertainties, the Vietnamese economy is facing multiple structural problems hindering development.
Inside Vietnam
Will The FDI Inflow Remain Strong In 2024? The friend-shoring trend, a market of 100 million people, and a centerpoint of the Asia-Pacific region will help Vietnam maintain its appeal as a major destination for foreign direct investment (FDI).
Uncertainty Still Prevails: High forex pressure was felt in Vietnam in 2022 due to interest rate hikes by major central banks in the world, and the year 2023 saw much easing owing to ample forex supply. What forex changes can be expected in 2024, and where do challenges if any come from?
Optimistic Prospects For Agri-business: Producers of agro-products, especially those traded on futures markets in the UK and the U.S., have reason to celebrate. Prices of Vietnam’s key export agro- products, such as rice, coffee, and even black pepper, are on the rise. Many farmers are hopeful that this late-year price surge bodes well for the year 2024.
Business
Anticipating Market Surprises In 2024: The stock market concluded 2023 with the VN- Index below 1,200 points, marking a rise of approximately 10%. While there is a common expectation for the market to make a significant breakthrough in 2024, the question arises: will there be any surprises during the first month of the year?
Pros And Cons: “Credit management must ensure providing sufficient credit timely, not with excessive amounts to spark inflation or speculation and not with insufficient amounts to hinder economic growth. With this objective, keeping or abolishing credit growth quotas has both advantages and shortcomings,” explained Associate Professor and Ph.D. Nguyen Huu Huan from the University of Economics HCMC in a discussion with The Saigon Times.
Living
Cultivating Sustainability And Ecotourism: Trinh Thi Ngoc Hien’s business is an interesting story about resilience and innovative spirit despite adversity. Her innate business acumen, nurtured in brackish forests, paves the way for economic prosperity with immense potential.
Painting The Town Red: In the heart of Le Minh Xuan Commune, Binh Chanh District, HCMC lies a 100-year-old incense- making village where skilled artisans turn their craft into a living masterpiece. Here, the art of incense-making transcends the realm of scent and permeates the very streets themselves.
Travel
Bui Hui Plateau – A Hidden Gem For Nature Lovers: Bui Hui Plateau has emerged as an idyllic camping destination, offering expansive hills and vast stretches of lush green grasslands that extend to the horizon. It is an ideal location for organizing outdoor activities, perfect for those who relish exploring nature’s wonders.
Fusion Flavors Of Dai Lanh Squid Rice Noodles: The distinctive Dai Lanh squid rice noodles of Khanh Hoa Province come to life through a harmonious fusion of flavors. The broth boasts a well-balanced blend of rich sweetness and subtle sour notes, complemented by the delightful sweetness of freshly caught squid. These elements, in perfect harmony with the tender rice noodles, define the unique culinary experience of Dai Lanh squid rice noodles.
