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FANTASTIC FEAST: A hotpot with horse meat, herb-flavoured alcohol, lots of fresh vegetables and signature black sticky rice bars. VNS Photos Mỹ Hà by Nguyễn Mỹ Hà After more than a year of social distancing, lockdown and devastating health issues, we got a chance to sneak away to the mountains and stay at So H'mong Homestay for a few days. Of course, we all had our obliged two-shot vaccination and declared on national COVID health apps on our phones. Even a 72-hour real-time PCR test would not be accepted. At a health control post, we all had to get out of the bus to provide health certificates and get the backs of our palms stamped with blue ink. Only then were we allowed to get on the highway heading to Bắc Hà District in Lào Cai Province. I still remember the good impression So H'mong Homestay left on my last visit. It's a stilt house overlooking a lawn with Sa Pa rose plants leading down to a guava orchard in the valley below. The lawn provides a makeshift centre stage for … [Read more...] about So H’mong Homestay offers Bắc Hà’s best treats

The strong domestic cash flow flooding the stock market has spurred the indices Net withdrawals of over VND40 trillion Foreign investors net sold about VND18.9 trillion in 2020, including VND17.723 trillion on the Ho Chi Minh Stock Exchange (HoSE). They also net sold over VND40 trillion of shares in the first nine months of the year. The HoSE saw an additional net selling of VND4.704 trillion in October. According to the SSI Securities Corporation (SSI), exchange-traded funds (ETFs) have seen net withdrawals over the past two years. More than VND2.3 trillion were withdrawn from the market in September, of which FTSE saw the strongest withdrawal with VND1.275 trillion, followed by VNDiamond ETF with VND990 billion, Fubon with VND153 billion, and V.N.M ETF with VND22 billion. The net selling was attributed to the impact of Covid-19 and profit-taking on portfolios disbursed in 2019 and 2020 after stock prices surged. Although foreign investors net sell on the stock market, … [Read more...] about Foreign investors’ net selling surge offset by domestic cash flow

Demand for industrial, logistics estates at core of enquiries next year: Savills Demand for industrial and logistics estates in addition to ready-built factories and warehouses will continue to be the core of enquiries next year, according to an expert from property consultancy Savills Vietnam. “However, in terms of new trends, data centres and cold storage facilities are in demand and have gained traction in 2020 and 2021,” John Campbell, manager of Industrial Services at Savills Vietnam told the Vietnam Investment Review. “Next year, we expect this to continue, as Vietnam is now on the radar for hyperscale facilities.” Low-value industries are beginning to set up elsewhere in Southeast Asia as Vietnam no longer offers the same incentives, he said, adding that these industries such as textiles and furniture struggle to source affordable labour and land in Vietnam. However, foreign and high value-added investors remain bullish on Vietnam’s long-term growth, … [Read more...] about VIETNAM BUSINESS NEWS NOVEMBER 23

Master craftsman Nguyễn Hồng Phấn repairs a knife for a customer. — VNS Photo Thanh Nga By Thanh Nga The small road leading to Đa Sỹ forging village is winding. From afar, the sound of anvils and hammers can be heard. Nestled on the gentle Nhuệ River, Đa Sỹ Village in Hà Nội's outlying district of Hà Đông has a history going back hundreds of years, being formed in the late 16th century. Through many ups and downs, the village has constantly developed and plays an increasingly important role in social life. The village’s products such as knives, scissors, sickles, hoes, spades and other farm and domestic tools have spread to all regions in the country. After hundreds of years, Đa Sỹ people are still proud of their craft. “My family has had six generations doing forging. This profession requires experience and skill. Customers directly come to my house to buy wholesale and retail,” master craftsman Nguyễn Hồng Phấn told Việt Nam News . “During the recent COVID-19 outbreak, … [Read more...] about Craft steel village forges ahead

They include Samsung Electronics Thai Nguyen Limited Company, Military Industry-Telecoms Group (Viettel), Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), and Vietnam Oil and Gas Group (PetroVietnam). The remaining enterprises are Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Hoa Phat Group, Vietnam Electricity (EVN), Vingroup, and Vietnam Dairy Products Joint Stock Company (Vinamilk). According to General Director of the Vietnam Report JSC Vu Dang Vinh, PROFIT500 recognizes business representatives, who demonstrate superiority in financial and communication strength, growth potential, sustainable development, management quality, and position in the market. Among 339 listed firms ranked in the PROFIT500, 53.1 percent still maintained their profit growth during 2019-2020 and in the first six months of 2021, while 24.4 percent began recovering and regained the … [Read more...] about Top 10 most profitable enterprises in 2021 announced

Unusual works in the capital city not only bring earnings to industrious workers but also portray a special part of Hanoi. Writer Do Phan once commented, “People say that Hanoi is a land of hundreds of occupations, but in fact, that's just a convention. If calculated according to the history of thousands of years, then a hundred occupations’ is not enough, the right number but much higher.” A mechanical repair shop in Hanoi in the 2000s. File Photo Indeed, Hanoi is the place where many odd jobs have been practiced, from ancient times to the present. There are trades that have existed for hundreds of years while many others have completely disappeared. These trivial jobs in Hanoi are only seasonal, but necessary and can help people to earn daily living. In the difficult time of the wars and the centrally planned economy in the last century, unusual services were offered in Hanoi as people tried to earn from trivial things, such as making paper … [Read more...] about Trivial jobs of Hanoi