JICA Approves Loans for Vietnam

JICA Approves Loans for Vietnam

The Japan International Cooperation Agency (JICA) has signed three loan agreements with the Government of Vietnam to provide an Official Development Assistance (ODA) loan of up to JPY60.983 billion (US$422 million) for the country’s post-COVID recovery and key...
AI Has Taken Vietnam by Storm

AI Has Taken Vietnam by Storm

AI tools have taken the world by storm, and Vietnam is no exception. “Vietnamese users respond to ChatGPT relatively well. This can also serve as a welcome signal for the AI development and application story in Vietnam,” said Associate Professor, Dr. Nguyễn Xuân Hoài,...
Vietnam Eyes Another Rate Cut

Vietnam Eyes Another Rate Cut

Vietnamese lawmakers are urging the central bank to consider cutting policy rates further to support the economy and help it reach its 2023 economic growth target. Vietnam’s growth slowed from 5.92% in late 2022 to 3.32% in the first quarter of 2023, prompting...
Hoi Xuan Sets a Record

Hoi Xuan Sets a Record

Hoi Xuan Commune in Thanh Hoa Province recorded temperatures of 44 degrees Celsius on Saturday afternoon. This is the highest ever in Vietnam, the National Center for Hydro-Meteorological Forecasting confirms. The temperature exceeds the record of 43.3 degrees Celsius...
Vietnam’s CPI Down 0.34%

Vietnam’s CPI Down 0.34%

The consumer price index (CPI) in April decreased by 0.34% month-on-month, but increased by 2.81% year-on-year, according to the General Statistics Office (GSO). In the first four months of this year, the index rose by 3.84% year-on-year, mainly due to increases in...