vietexplorer0016

Representative Image (National Stock Exchange of India Limited – NSE) The latest NSE report sheds light on the pivotal role of domestic investors in the recent bull run, contrasting the reduced involvement of foreign investors. “Strong corporate earnings and higher-than-anticipated GDP growth have attracted domestic players, both direct and indirect, to take center stage in the markets as foreign interest wanes,” NSE explained. This shift underscores the evolving market dynamics, with local investors stepping up to fill the void left by their foreign counterparts. The report also paints an optimistic picture for the Indian equity markets, buoyed by robust growth projections for the Indian economy. FY24 marks the third year of significant economic expansion, with a GDP growth rate of 8.2%, following impressive growth rates in the previous two years (9.7% in FY22 and 7.0% in FY23). This consistent pattern of over 7% annual growth solidifies India’s economic prowess. Reinf...

This International Women’s Day, we celebrate the power of women’s empowerment and the impact it has on society as a whole. The following stories from Vietnam are a testament to that. Le Thi Ha Giang, a young and ambitious entrepreneur, is taking her business to the next level by integrating digital skills. As a trainee of the Empower Her Tech Program by the United Nations Development Program, she acquired website building and digital design skills, including the use of generative AI. These new skills will undoubtedly propel her business forward in the digital age. Mi, a survivor of human trafficking, has transformed her life with the support of the International Organization on Migration and the UK government, in collaboration with reintegration partners from the Vietnamese labor ministry. She is now the primary breadwinner for her family, thanks to the provision of female goats, which offer a sustainable source of food and additional income. This assistance has empowered Mi and faci...

The Vietnam Medi-Pharm Expo 2024 is organized by Vinexad JSC and the Ho Chi Minh City Medical Equipment Association (HMEA), under the ownership of the Ministry of Health. This exhibition serves as a platform for businesses operating in the medical and pharmaceutical industries to forge partnerships and expand their reach in Vietnam, a market with vast potential for growth. Medical and Pharmaceutical Products and Services: A Sector with Long-term Development Prospects According to Mordor Intelligence, the global medical device market is projected to expand from USD 637.04 billion in 2024 to USD 893.07 billion by 2029, attaining a compound annual growth rate (CAGR) of 6.99%. Vietnam’s medical device market is also experiencing robust growth, with a market size of US$1.677 million and a CAGR of 10.2%, ranking eighth in the Asia-Pacific region. This sector has further attracted significant foreign investment through mergers and acquisitions (M&A). Factors Propelling ...

Approximately 110 units of blood were generously donated by officials from the Royal Thai Consulate-General in Ho Chi Minh City, members of the Thai community, and representatives from various Vietnamese agencies. This heartfelt initiative was organized to commemorate the 72nd birthday of King Maha Vajiralongkorn. The Thai Consulate-General, along with partners from the municipal Department of Foreign Affairs, the Vietnam-ASEAN Friendship Association, the Vietnam-Thai Friendship Association, and the Thai Chamber of Commerce and Industry in Vietnam, united to make this event a success. Their efforts were further bolstered by the participation of the Thai private sector in Vietnam, showcasing a strong bond between the two nations. Among the notable participants was Chinoros Benjachavakul, senior vice president for human resources and corporate affairs at C.P. Vietnam Corporation. With 60 blood donations under his belt, both in Thailand and Vietnam, Chinoros embodies the spirit of gi...

According to tourism statistics released by Lao media on July 7, the number of Lao tourist arrivals in Vietnam has increased drastically in the first six months of 2023. The growth rate reaches 117%, the third highest among countries sending visitors to Vietnam, after Cambodia (338%) and India (236%). Visitors to the Golden Bridge in Danang City, Quang Nam Province, Vietnam. Photo: Quang Nam Tourism In addition, the most popular destinations for foreign tourists in Vietnam until June 2023 were the central beach city of Danang, the ancient town of Hoi An, the central highland flower city of Dalat, and Phu Quoc Pearl Island in the southern province of Kien Giang. Besides coming to Vietnam for tourism, many Lao and Cambodians also come to Vietnam for medical treatment, according to Lao media. On the other hand, Laos has seen a boom in tourism in the first three months of 2023 as more than 831,000 foreign tourists visited the country, in stark contrast to the 211,898 forei...