For decades, Vietnam continues to seek foreign economic assistance

Official Development Assistance (ODA) is a form of “disguised” borrowing, in which rich countries lend to poor countries to build infrastructure. This is called a “concessional” loan with an interest rate of 0% and sometimes include “non-refundable aid.” However, most…
Vietnam’s tourism: Foreign visitors have no desire to return

On December 23, on the online newspaper VnExpress, there was an article titled “I want to leave as soon as I come to Vietnam as a visitor” by Crisensean. The article describes the author’s discomfort during a trip to Vietnam…
Smuggled foreign alcohol and cigarettes on Vietnam’s “rescue” flights

The Anti-Smuggling Investigation Department under the General Department of Customs has just decided to probe the case of smuggling foreign alcohol and foreign cigarettes on flights to “rescue” citizens from Russia to Vietnam during the COVID-19 pandemic. Vietnam’s state-controlled media…
Numerous foreign giants withdraw from Vietnam’s retail market

Many foreign brands faced difficulties and struggled to compete in the Vietnamese retail market and had to withdraw. The market recorded many retailers closing, returning rent facilities, or downsizing their businesses. In mid-May, The Korea Times reported that the Korean…