Contrary to all predictions, economists have reassured the public that the weaker dong will not worsen the public debt burden of the state.
Experts have predicted that many business fields will derive benefits from mobile technology as smartphones and desktop computers become more popular.
Bank shares and state-owned enterprises’ (SOEs) IPOs (initial public offering) have become highly attractive to foreign investors.
Scientists say that designing and manufacturing catamarans and trimarans is within the capability of Vietnamese engineers. In fact, Vietnamese shipbuilding engineers have already designed a speedboat worth nearly US$1 million.
Nearly 95% of Vietnam’s coffee is exported as raw products that do not bear a Vietnamese brand.
To conquer Fansipan, Pu Si Lung, Bach Moc Luong Tu and A Pa Chai, tourists must get a permit from the local border posts or management boards.
Located in Tam Nong district of the Mekong Delta province of Dong Thap, Tram Chim National Park boasts a rich biodiversity, becoming the world’s 2000th Ramsar site in 2012.
Rents for retail premises in Ho Chi Minh City are falling and shopping malls are poorly patronized, but supply of retail space continues to explode.
The dong devaluation will make goods, especially imports, become more expensive, but analysts say prices will increase slowly.
The Vietnam economy is expected to see major changes after it signs the Trans Pacific Partnership (TPP), which includes member countries that make up 40% of the world’s trade.