Tuesday , November 26 2024

Recent Posts

Number of foreign visitors to Vietnam up 7% in February

The number of international tourists arriving in Vietnam in February increased 7.1% from the previous month to 933,000 visitors, signaling a positive recovery for the tourism industry. In the first two months of this year, Vietnam welcomed 1.8 million foreign arrivals, around 60% of pre-pandemic levels and nearly one-fourth of …

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Durian overfarming could prompt oversupply, ministry warns

Durian overfarming could prompt oversupply, ministry warns

The Ministry of Agriculture and Rural Development has warned southern localities that a recent surge in durian farming could lead to an oversupply. Farmers in the Mekong Delta, central highlands and other southern regions are destroying their coffee, pepper and rice crops to farm durian instead, the ministry’s Department of …

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How insurance policies become banks’ golden egg

Selling insurance products fetch banks trillions of Vietnamese dong (VND1 trillion = $42 million) in revenues each year, but with this comes dissatisfaction from customers who say they are “forced” to pay premiums to acquire loans. At the end of 2017, Vietnamese lender Sacombank and Japanese insurer Dai-ichi Life signed …

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