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Vietnamese exporters renegotiate higher rice prices after Indian ban -traders

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.

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Vietnam’s aviation sector records 42% growth in seven months

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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Banks continue to slash deposit rates

Local lenders have lowered 6-month deposit interest rates since August. Interest rates for 12-month terms range from 6–7% per year.

  • "Copycat layoffs" won't do the tricks

    Layoffs might seem like a quick and effective short-term solution but will come at higher costs in the long run, especially in terms of employee loyalty and productivity.
  • Furniture market to see increased competition

    Vietnam's furniture market has been said to be among some of the fastest growing in the Pacific region, attracting major international brands to enter the country in recent years, said industry experts.