The Covid-19 pandemic came as a great shock to most economies, including Vietnam. Still, Vietnam’s resilience proves this is also an opportunity for the country to give the private sector and the domestic market more attention. The public debt-to-GDP ratio is expected to be 46.1% in 2021, on the basis of GDP revaluation, so it is quite possible to improve this ratio, especially in the context of real interest rates around 0% in developed economies, plus a high savings rate at home. However, policies such as increasing public debt and curbing inflation need to be carefully studied with data of Vietnam concerning the following two issues. … [Read more...] about Demand stimulus: where to begin?
Thoi bao kinh te sai gon
Banh hoi (rice vermicelli bundles) and roasted pork are served with herbs and fish sauce - PHOTO: AMTHUCDAU Banh hoi (rice vermicelli woven into intricate bundles) boasts not only a delicious flavor but also the way to enjoy it. The rice vermicelli is often served with roasted pork and sweet and sour fish sauce. … [Read more...] about A popular Vietnamese dish
Decision 1129 has put night-time economy in its deserving position by giving clear road maps and goals. The decision aims to exploit economic potential of evening economy to make full use of economic opportunities, and improve the people’s income and living standards. At the same time, efforts must be made to minimize adverse effects on political security as well as social order and safety. … [Read more...] about Night-time economy waits for its bright days
Besides thatched houses, the tourist site has eight stilt bungalows built on lotus ponds with a capacity of 16 to 20 guests. Eco-friendly materials like bamboo, wood and leaves are used to build those bungalows. Moreover, seafood dishes, don ca tai tu (amateur singing) performances and interesting stories about local people and culture are what tourists should not miss at the farmstay facility. Tourists can also do farm chores such as cultivating and collecting rice on the fields. … [Read more...] about Farmstay experiences In Dong Thap