Global rice prices are fast rising, making it harder for rice exporters to plan for safety and avoid price traps.
Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, amid a push to diversify supply chains away from China and defend against Sino-U.S. tension.
Kasikornbank, Thailand's second-largest bank, is in talks to acquire consumer lending firm Home Credit Vietnam in a $1 billion deal that would accelerate its expansion in Vietnam, Reuters reported.
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Thanks to improved quality, diversified designs and competitive prices, Vietnamese goods have gradually won the trust of domestic consumers.
Compulsory rice storage should be implemented according to market mechanism instead of administrative measures as at present, etc.
The new visa policy, coming into force on August 15, is believed to open up various opportunities for tourism development, and stakeholders in this industry are taking actions to seize those chances.
Vietnamese exporters have renegotiated higher prices for around half a million metric tons of rice, as global prices climbed to 15-year highs following India's ban on overseas sales last month.
Domestic air passenger transport has recovered significantly, with an annual rise of 41.8% recorded in the first seven months of 2023.
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Vietnam's Nghi Son refinery could face a $1 bln loss in 2023
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