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Toyota Avanza to potentially introduce hybrid variant, offering fuel-saving option for ride-hailing drivers

The Mitsubishi Xpander hybrid was launched in Thailand on February 1, 2024, seemingly challenging Toyota, as the brand currently owns the Avanza in the same segment but lacks a similar engine option.

Hyundai Stargazer X deposits received by dealers: Expected delivery this month, Xpander Cross and...

The Hyundai Stargazer X is expected to arrive in Vietnam in March, competing with the Xpander Cross and Veloz Cross.
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“A Surge in Real Estate Credit: HCMC’s Property Market Booms with a 2.78% Increase...

The real estate market has seen a recent shift, and the growth in real estate credit reflects the impact of various factors and future trends. This growth will stimulate credit expansion in Ho Chi Minh City.

The Truth About Fresh Rice Noodles and Formaldehyde: A Cautionary Tale

"A recent rapid test conducted on a group of event caterers revealed the presence of harmful chemicals, including formaldehyde and borax, in their fresh rice noodles. However, subsequent laboratory tests on sealed noodle samples from the Standard Technical Center for Measurement, Quality, and Technical Standards revealed no traces of any chemicals. "

The Launch of BSR’s New Heat-Resistant PP TF4035: Unveiling Innovation

On July 2, 2024, the Polypropylene (PP) Resin Production Workshop of Binh Son Refining and Petrochemical Joint Stock Company (BSR) introduced a new product, TF4035, a heat-formable PP resin with superior properties. This new-generation resin offers enhanced processability, exceptional clarity, rigidity, heat resistance, and aesthetic appeal, setting a new standard for the industry.

Interest Rates, Credit, and Banking Profits

As of Q2 2024, banks have started to increase interest rates on deposits, with a modest hike of 0.3-0.5% p.a. across all tenors. This shift has pushed interest rates on deposits below six months to around 3.2% p.a., while six-month deposits now earn approximately 3-4.5% p.a. Notably, 12-month deposits are attracting higher interest, with rates ranging from 4.7% to 5.5% p.a.

The Relentless Drought: A Global Frenzy for this Commodity – Prices Surge 20%, Vietnam...

Vietnam is responsible for producing approximately 40% of the world's supply of this particular commodity.