Policies needed to attract retired travellers: industry experts

The market segment, consisting of big spenders who often prefer longer stays, has been considered lucrative. Retirees from the Americas, Europe, and Asia have been looking for residences abroad with favourable weather, access to healthcare services, visas and affordable living costs.

CPI rose 0.48 per cent in July after base salary increases

The consumer price index (CPI) rose 0.48 per cent in July on rising domestic petrol prices, higher demand for electricity and higher health insurance premiums following a 30 per cent increase in base salary from the beginning of this month, data of the General Statistics Office (GSO) showed.

Chinese tyre makers urged to engage more Vietnamese firms in supply chain

In Việt Nam, Sailun Group has invested in building a factory to produce all tire lines of the group in the southern province of Tây Ninh, established a research and development (R&D) centre in HCM City, as well as a joint venture with Cooper Tires in 2019 with a total investment of about $1.5 billion.

Việt Nam maintains top position among Singapore’s rice supplier

Statistics from the Việt Nam Trade Office in Singapore showed that export turnover of glutinous rice to the city-state rose more than five fold to 8.9 million SGD, broken rice shot up 187.3 per cent to 1.5 million SGD, and milled or husked fragrant rice soared 161.35 per cent to 27.27 million SGD.

Market expected to accumulate and recover, pushing VN-Index towards 1,260 points

Following a dynamic trading week in early July, the Vietnamese market experienced three consecutive weeks of declines, hitting its lowest point at 1,218 points last week. Although the index saw a recovery afterwards, liquidity dropped significantly and the Vietnamese stock market has been described as "bleak" despite very positive macroeconomic data.

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