Focus: Inflation Worries Amid Exchange Rate Volatility: The possibility of the first interest rate cut in 2024 by the U.S. Federal Reserve (Fed) is now low as inflation in the U.S. showed signs of rebounding in Q1/2024. The pressure on the exchange rate between the U.S. dollar and the Vietnam dong, coupled with inflation concerns, requires appropriate coping policies.
Inside Vietnam
Challenges For Public Capital Disbursement: Disbursement of public investment capital in the first four months of this year was higher than in the same period last year, providing substantial capital to support economic growth and even sparking concerns about a shortage of capital later this year if the current pace of disbursement continues. Still, it would be challenging to achieve the disbursement target of 95% this year if the lack of sand for expressway roadbed construction and the obsolescence of construction norms are not timely addressed.
Bad Debts Loom Large: Bad debts have been a concern in Vietnam’s banking sector so far this year. This indicates the vulnerabilities in the financial system and raises questions about what is needed to do to address it effectively.
New Electricity Market Design And Its Impacts: Thai Doan Hoang Cau has a doctorate in economic behavior in electricity markets and over 25 years’ experience in researching and working in the Australian electricity market. The Saigon Times introduces his article on a new electricity market design that is expected to create an opportunity for Vietnam to catch up or even lead in the sustainable energy transition towards the goal of net-zero emissions by 2050.
Business
Market Efficiency Is Key: Vietnam needs to devise medium- and long-term policies to enhance the efficiency of the manufacturing, service, financial, real estate and other markets, said Dr. Nguyen Quoc Viet, deputy director of the Vietnam Institute for Economic and Policy Research (VEPR), in an interview with The Saigon Times.
Profitability Of Bank Stocks: The stock market performed well in early 2024. Bank stocks have benefited from this trend but their growth has not been enough to make the group of bank stocks a driving force for the stock market.
Living
New Trends Shine At HCMC FOODEX 2024: The HCMC International Exhibition of Food & Beverages III – 2024, known as FOODEX 2024, attracted over 15,000 visitors from more than 15 countries and territories, alongside numerous local Vietnamese trade and retail attendees
Refreshing Greenery Of Tuyen Quang: With its enchanting landscapes, Tuyen Quang is likened to a green princess in the mountains and forests of northeastern Vietnam. About 200 kilometers north of Hanoi, Tuyen Quang is known for Chiem Hoa, Na Hang and Lam Binh districts where visitors can explore beautiful landscapes.
Travel
Savan Waterfall – An Idyllic Retreat From Summer Heat: Nestled amidst the lush landscapes of Quang Ngai Province, Savan Waterfall offers unspoiled natural beauty and a tranquil atmosphere, providing an idyllic escape from the scorching summer heat.
The Rustic Wonton Skin Soup: Wonton skin soup, also known as hoanh thanh la, is a rustic Vietnamese dish that incorporates distinct flavors and ingredients influenced by local culinary traditions, reflecting the country’s diverse gastronomic heritage.
