63% of Vietnamese cosumers to increase spending on essential goods: survey
Inflation considered the leading risk for consumers.
Milk tea a ‘craze’ in Southeast Asia
Singapore’s The Straits Times recently published research showing that milk tea has become a “craze” in Southeast Asia over recent years. Indonesia, Thailand, and Vietnam top the list of regional countries consuming the beverage. Vietnamese people spend about $362 million on milk tea every year.
Spending on climate change response continues to rise
The “Climate Public Expenditure and Investment Review (CPEIR)” report shows that total budget spending on climate change by six ministries and 29 surveyed cities and provinces was nearly $6.5 billion in the 2016-2020 period. The Ministry of Agriculture and Rural Development and the Ministry of Transport account for 80 per cent of spending.