Growth

Hanoi (VNS/VNA) - For two decades, farmer To Nguyen Ho Hai in the Central Highlands province of Gia Lai grew peppers, enjoying a boon in production. Five years ago, the industry was doing so well, and the price of peppers so high, he more than doubled his investment, increasing from 900 pepper pillars to 2,000.    At the time, farmers took their profits and reinvested with prices hitting as much as 260,000 VND (11.2 USD) per kg at their peak in 2015. Hoang Phuoc Binh, Vice Chairman of the Pepper Association of Gia Lai province’s Chu Se district, recalled the time when peppers were hot in more ways than one.   “Every farmer, every household grew peppers,” he said. “The more profit they earned, the more money they poured in investing in buying land to grow more pepper.” According to Vu Ngoc An, Deputy Director of the provincial Department of Agriculture and Rural Development, when people saw households making profits of up to 500 million … [Read more...] about Quality key to pepper growth, not quantity

Linda, an American tourist who came to Vietnam last July, said: "Tourists do not know where to spend money. When in need, I really do not know what to buy and where to buy products at reasonable prices because at every tourist destination I can see the same products but the prices vary several times." … [Read more...] about Hanoi trails regional tourist hubs in attracting visitors

Another recent study by Climate Central, published in October 2019, uses the estimates of Kopp et al (2014), which are based on sea level rise ranging from 0.3-0.8 meters to 0.5-1.2 meters and combines these with a new method to measure coastal elevation and determine population exposure. … [Read more...] about Sea level rise poses long-term credit risk to Vietnam: Moody’s

Jerry Lim, the former country head, will return home to a Singapore-based role as regional head of customer experience. He said, “Besides having sharp business acumen, Van is someone who leads with her heart. She has been leading discussions on outserving consumers, driver-partners, and merchant-partners. With her Vietnamese roots, I believe she will be able to build stronger hyperlocal partnerships that will bring about even greater social good for all,” said. … [Read more...] about Grab Vietnam clinches new director

Michael Piro, chief operating officer of Indochina Capital The Vietnamese real estate market is looking back on a year of ups and downs. How would you comment on the market movements? The few past years were of exceptional performance and I would not categorise 2019 as “up and down”. Residential sales through our real estate brokerage arm Indochina Properties were strong on a consistent basis. The hospitality sector continues to perform well and is growing quite significantly. We are seeing strong growth in logistics and warehousing, too. … [Read more...] about Quality to trump alleged slowdown