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What’s behind billions of dollars deposited at foreign banks?
The economists from VEPR (the Vietnam Centre for Economic and Policy Research) believe that even if the dollar interest rate decreases to a very low level, businesses would still prefer borrowing dong, which is the reason why banks have to deposit billions of dollars at foreign banks.
What can Thai's Central Group expect from Vietnam?
Spending billions of dollars in Vietnam, the Central Group is a powerful conglomerate. However, earnings from the business in Vietnam remain in question.
Unique motels in Da Lat
Visiting the city of flowers, travelers will not only see beautiful flower fields, but many famous sights, including strange motels.
Foreign capital flowing into Vietnamese F&B market
Investment funds have been seeking opportunities to invest in companies which own food & beverage (F&B) chains as they can see the impressive growth rates of the industry.
Vietnamese make shoes to export, not to wear
Vietnam is a big footwear exporter, but many Vietnamese do not wear domestically made shoes.
Newly appointed State Bank Governor to settle bad debts
The Governor of the State Bank of Vietnam (SBV) Le Minh Hung, as soon as he took office, released two documents with instructions to settle commercial banks’ debts.
Danang opens luxury public toilets
A five-star public toilet has been put into operation to serve local residents and tourists.
Australian man found dead in apartment in Nha Trang
People living in the Vinh Phuoc apartments in Nha Trang city have smelt atmosphere of death.
Vietnam loses billions of dollars as it ignores recreational tourism industry
Famous entertainment complexes around the world are all big moneymakers for host countries, but recreational tourism has not been given the attention it deserves in Vietnam.
Vietnam map “drawn” on rice field in Nghe An
After successfully creating four varieties of herbal rice, a farmer in the central province of Nghe An “drew” a map of Vietnam on his herbal rice field.