Focus: Offshore Wind Power Faces Headwinds: Despite its vast potential, Vietnam’s offshore wind power sector is grappling with the lack of a legal framework. Whether the targets in National Power Development Plan VIII will be achievable is uncertain.
Inside Vietnam
The Gold Rush Amid Macroeconomic Woes: Our analyses indicate that the gold buying spree in Vietnam results from either macroeconomic instability or rising global gold prices, or both. A review of the cycles of macroeconomic instability and the gold rushes in the nation gives a clear picture.
Greater Transparency Counts: Associate Professor Dr. Nguyen Huu Huan at the University of Economics HCMC spoke with The Saigon Times over non-performing loans (NPL) in the banking sector.
The Liquidity Gap: The central bank’s seven-day bank bill buybacks and its additional issues of 28-day bills indicate a clear divergence in the current liquidity landscape among banks. While some banks have ample liquidity to continue buying bills issued by the central bank, others have resorted to short-term borrowings from the central bank.
Business
Shifting Business Models Amid Market Upswing: Undoubtedly, securities firms have benefited from stock market rallies, but they are undergoing significant shifts in their business models.
Vietnam Coffee At Stake: In a historic development, the domestic coffee market has experienced an unprecedented and prolonged rise in coffee prices, spanning half of the coffee crop cycle.
Living
A Teaching Journey In Vietnam: The English language has emerged as the most coveted second language in Vietnam, sparking a surge in the demand for learning the language in recent years. Consequently, there has been a notable influx of foreigners arriving in the country to teach English. Shedding light on this phenomenon, David Larson, a U.S. national with over 13 years of experience residing and teaching English in Vietnam, shares insights gleaned from his extensive experience.
Limestone Mountains Seen From The Sky: Ngu Hanh Son (Marble Mountain) in the central coastal city of Danang has five limestone mounts, namely Kim Son, Moc Son, Thuy Son, Hoa Son and Tho Son. This is an attractive destination for domestic and international tourists to explore sites on a tour of heritage sites in central Vietnam, such as My Son Holy Land, the ancient town of Hoi An, Hue Imperial Citadel and Marble Mountain.
Travel
Enchanting Green Moss Beach In Ninh Thuan: During the lowest tide, the green moss beach at Tu Thien Beach emerges, painting the shoreline with a vast green carpet that stretches to the horizon.
Banh Bot Loc Tran: A Unique Twist On Traditional Cake: Banh bot loc tran presents a unique twist on the traditional banh bot loc, featuring a distinctive semi-circular shape and a transparent crust that reveals a vibrant red filling of shrimp and minced pork or mung beans. As diners indulge in this delicacy, they are treated to the delightful fusion of the crust’s elasticity and the savory sweetness of the shrimp.
