Despite instability in the banking system and the constant periodic raising of interest rates, Vietnam still emerged with an impressive GDP growth rate in 2022 and a positive forecast for 2023.

The market opening and tariff removals under the framework of free trade agreements have paved the way for foreign products to flood the domestic market. But Vietnam has no technical barriers to protect domestic production.

The Mekong Delta region has previously endured two severe seasonal droughts caused by El Niño in 2015-2016 and 2019-2020.

Vu Ngoc Vuong from Nam Truc district of Nam Dinh province is famous for running a chain of ’pho’ (rice noodle soup with beef or chicken) restaurants in Hanoi, selling around two to three thousand bowls daily.

As external factors – like weaker consumption in the U.S. and EU markets and stagnant recovery in China – are unfavorable, Vietnam will have to make the most of the domestic market in the second half of the year to achieve the growth target of 6.5%.

More than 25,000 foreign-invested enterprises (FIEs) exist in Vietnam, compared to nearly 800,000 local firms. But the FDI companies are the main players in most fields.

Vietnamese like the convenience and practicality of micro electric cars which allow them to travel within the city, but the high prices and the lack of smart technologies may keep them from buying, analysts say.

The multimillion-dollar price tags on Vietnamese paintings in the global market not only confirm the artistic value infused with Vietnamese identity but also showcase the allure of the art investment market.

“Our final goal is to help Vietnam’s products to be present in the US and Canadian markets and to help Vietnamese enterprises become global companies,” said Ann Huynh, a businesswoman who grew up in Vietnam but later achieved fame in the US.

To highlight the beauty and authenticity of Mong culture, Chau Thi Nung and her collaborators have launched a fashion project that recreates the costumes worn by distinct Mong throughout VN.

Many Vietnamese parents are taking their children to hospitals and asking doctors to inject their children with the "most effective and most expensive drugs" to help them obtain the highest possible height.

Startups are deemed unicorns – mainly if not all are technology driven – are those valued at least US$1 billion, and a statistical report says unicorn startups account for less than 0.08% of all startups.

Artist Mai Nhon has contributed to promoting Vietnamese ceramics to the world as many of his Mosaic ceramic paintings have been chosen by the Government as gifts to leaders of countries and territories in the APEC economy.

Nguyen Ngoc Thien, 35, has caught beautiful moments underwater in his photography.

The decision to cut interest rates took effect earlier last week, as some commercial banks have announced interest rate cuts for both deposits and loans.

"Pho Thin" (Thin noodle) is famous among tourists in Hanoi. However, for years now, many people have been confused between two long-standing Pho Thin brands, "Pho Thin Bo Ho" and "Pho Thin 13 Lo Duc".

Using unmanned self-propelled delivery robots on urban roads is the first step taken by Alpha Asimov Robotics in the path to bring its intelligence to the world.

Mergers and acquisitions (M&A) activities are expected to be intense across various production and business sectors due to inflation, liquidity woes and the hardships faced by numerous businesses.

Traditional travel agencies have come under pressure to adjust their services and products in response to the growing popularity of independent travel among domestic tourists.

Nguyen Kim Chi, a fashion designer specialising in tailoring, has held the Cuc Chi class in Hanoi to share her interest in the embroidery craft.