economy – Author Carlo Carrasco

A Lot More Filipinos Searched For Accommodations In Vietnam In 2025

February 3, 2026January 28, 2026carlocarrasco

While the Philippines continues to endure difficulties on attracting foreign tourists (click here and here), statistics of the global travel platform Agoda revealed that a lot more Filipinos searched online for accommodations in Vietnam, according to a travel article by VnExpress.

It is recalled that Vietnam itself achieved an all-time high of 21.2 million foreign tourist arrivals counted in 2025 and among them are more Filipino visitors. Already operating are direct flights between Manila and Ho Chi Minh City.

To put things in perspective, posted below is an excerpt from the travel article of VnExpress. Some parts in boldface…

Travelers from the Philippines showed the strongest interest in visiting Vietnam in 2025, with accommodation searches rising 86% year-on-year, according to travel platform Agoda.

The trend was consistent with official tourism data. The number of Filipino visitors to Vietnam reached 482,173 in 2025, up 81.3% from 2024, according to the General Statistics Office.

Air connectivity between the two countries has also improved, with several carriers launching new direct routes.

In July last year, Philippine Airlines began operating a Manila-Da Nang service with three flights a week. A month later, Vietjet opened the Ho Chi Minh City-Manila route, offering five round-trip flights per week.

“Growing international interest suggests Vietnam is consolidating its position as a leading regional destination, benefiting from improved connectivity, visa policies and diversified travel experiences,” said Vu Ngoc Lam, country director at Agoda Vietnam.

Vietnam welcomed a record 21.2 million international visitors in 2025, up 20.4% from the previous year and the highest total on record.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think a lot more Filipinos will visit Vietnam this year as the direct flights continue? What is it about Vietnam that captures the interests of foreign travelers? If you have been to Vietnam as a tourist, how much did you spend per day there?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Trump Welcomes Vietnam’s Decision To Join Board of Peace

February 3, 2026February 2, 2026carlocarrasco

Following the ratification of the charter of the Board of Peace in Davos, Vietnam officially decided to join it which US President Donald Trump welcomed, according to a news report by VnExpress. Trump previously invited Vietnam’s leader to join the council.

Vietnam’s entry into the Board of Peace (note: referred to as the Peace Council in the VnExpress report) is not exactly surprising as it already has friendly ties with Israel. Ties between Vietnam and America are also healthy.

To put things in perspective, posted below is an excerpt from the report of VnExpress. Some parts in boldface…

U.S. President Donald Trump has sent a message congratulating Vietnam’s Party General Secretary To Lam on his re-election for a 14th term and welcoming Vietnam’s decision to join the Peace Council initiative.

President Trump said General Secretary Lam’s continued leadership role comes at an important time, as Vietnam and the U.S. are pressing ahead with the positive outcomes achieved in bilateral relations in recent years.

The President also expressed his hope that the two sides would soon make positive progress in negotiations on a reciprocal, fair and balanced trade agreement, thereby further promoting shared prosperity.

He welcomed Vietnam’s decision to join the Peace Council initiative, and thanked and highly valued Vietnam’s role as well as Vietnam-U.S. cooperation in promoting peace and safeguarding freedom, sovereignty and independence of countries in the Indo-Pacific and the world at large.

President Trump said he is confident that Vietnam-U.S. relations would continue to deepen across all fields, from economy and trade to security, defense and people-to-people exchanges, and expressed his hope to welcome General Secretary Lam to the U.S. at an appropriate time.

General Secretary Lam accepted the invitation from U.S. President Donald Trump last month to join the Gaza Peace Council and affirmed Vietnam’s readiness to participate as a founding member state of the council.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Vietnam will become a major contributor on the rehabilitation of the Gaza Strip? What is your opinion about the state of Vietnam-America ties as well as Vietnam-Israel ties?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Picks Kevin Warsh As The Next Federal Reserve Chairman

February 1, 2026January 31, 2026carlocarrasco

At long last, US President Donald Trump picked Kevin Warsh as the next chairman of the Federal Reserve replacing Jerome Powell, and already a lot of public officials and high-ranking members of the private sector support the choice, according to the Kyodo News report plus the White House press statement respectively.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

U.S. President Donald Trump said Friday he will nominate Kevin Warsh to be the next chair of the Federal Reserve, with the choice of a Wall Street veteran who was a governor of the central bank over a decade ago seen as intended to avoid roiling financial markets.

Trump’s pick to replace Jerome Powell as the Fed chair caps a process that formally began last summer. While screening candidates in private, he has subjected Powell to relentless public criticism for not cutting interest rates more aggressively and challenged the independence of the world’s most influential central bank.

Trump announced the nomination in a post on social media, saying, “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best.“

“On top of everything else, he is ‘central casting,’ and he will never let you down,” Trump added. The lengthy post, though it included information on Warsh’s professional experience, did not clearly explain the reason for his selection.

Powell’s term as Fed chief ends in May. The role requires Senate confirmation, which may not be smooth sailing for Warsh due to bipartisan concern over the Fed’s independence under Trump, most recently evidenced by the Department of Justice launching a criminal probe into Powell over a renovation of the central bank’s headquarters.

Trump told reporters later Friday in the Oval Office that he was not worried about the confirmation process, calling Warsh the “most qualified” person to take the helm of the Fed, based on his background and experience.

He also said he did not urge Warsh to cut interest rates, but admitted discussing the topic with him.

“I don’t want to ask him that question. I think it’s inappropriate, probably,” Trump said. “I want to keep it nice and pure. But he certainly wants to cut rates. I’ve been watching him for a long time.”

Warsh was previously appointed to the Fed in 2006 at the age of 35, making him the youngest person ever to serve on its board at that time. He was a board member until 2011.

During the 2008 financial crisis, he served as the Fed’s main liaison with Wall Street and earned a good reputation for stabilizing the situation.

Before that, he was a special assistant to President George W. Bush for economic policy and executive secretary of the White House National Economic Council.

After graduating from Harvard Law School in 1995, Warsh joined Morgan Stanley’s mergers and acquisitions division, where he worked for seven years and became vice president and executive director.

U.S. Treasury Secretary Scott Bessent said last week that the screening of candidates for the next Fed chief had narrowed to four finalists.

The four were said to be Warsh, Kevin Hassett, Trump’s top economic adviser, Christopher Waller, a Fed governor, and Rick Rieder, BlackRock’s chief bond investment manager.

Calling Warsh and Hassett “the two Kevins,” Trump had repeatedly said they were “great” in the weeks leading up to his official announcement.

Warsh was a finalist in the 2017 Fed chair race during Trump’s first term and was reportedly a candidate for Treasury secretary in his second presidency.

During his time on the Fed’s board, Warsh was considered a monetary hawk, meaning he was typically supportive of higher interest rates to curb inflation, even in the middle of the financial crisis.

Compared with Hassett, a close ally of Trump’s who has openly advocated lower borrowing costs for businesses and consumers, Warsh is seen by financial markets as someone who could protect the Fed’s independence from the White House.

However, Warsh, 55, an outspoken critic of the central bank, has increasingly aligned with Trump’s views in recent months. The forthcoming Senate process is likely to test his ability to withstand pressure from the president while also reassuring nervous investors.

In a November opinion piece in The Wall Street Journal, Warsh disapproved of the Fed’s current monetary policy and praised the Trump administration for advancing what he called “pro-growth” economic programs, focusing on deregulation and tax reforms.

Meanwhile, the White House press statement revealed a long list of public officials and financial market figures who responded positively to Warsh’s nomination to lead the Federal Reserve. Posted below are selected excerpts from the statement. Some parts in boldface.

The nomination has drawn widespread praise from lawmakers, business leaders, financial experts, and industry voices across the spectrum:

Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Scott: “The Federal Reserve’s decisions touch every American household, from mortgage rates to retirement savings, and President Trump has been clear that bringing accountability and credibility to the Federal Reserve is a priority, and his nomination of Kevin Warsh reflects that focus. As a former Federal Reserve Governor, Kevin has deep knowledge of markets and monetary policy that will be essential in this role. Federal Reserve independence remains paramount, and I am confident Kevin will work to instill confidence and credibility in the Fed’s monetary policy. As Chairman of the Senate Banking Committee, I look forward to leading a thoughtful, timely confirmation process that carefully examines his vision for focusing the Federal Reserve on its core mission.”

Sen. Jim Banks: “Kevin Warsh is a brilliant pick by President Trump for Fed Chair. Clear from what he wrote in 2021 he understands scale of China’s ambitions. As member of Banking Committee I look forward to working with him to maintain American financial supremacy.”

Sen. Marsha Blackburn: “Kevin Warsh is exceptionally qualified to lead the Federal Reserve as Chairman. I look forward to supporting this nomination in the Senate, and I am confident Kevin will help foster economic growth and create more opportunity for hardworking Americans.”

Canadian Prime Minister Mark Carney: “Kevin Warsh is a fantastic choice to lead the world’s most important central bank at this crucial time.”

Mortgage Bankers Association President and CEO Bob Broeksmit: “MBA congratulates Kevin Warsh on his nomination to serve as Chairman of the Federal Reserve. His prior service on the Federal Reserve Board, where he developed a reputation as a prudent, thoughtful voice on monetary policy, paired with his private sector experience, will be invaluable as he leads the Federal Reserve in what has become an increasingly challenging and complicated mission.”

U.S. Chamber of Commerce President and CEO Suzanne P. Clark: “Kevin is well known to the business community. We appreciate his years of focus on how we grow the American economy and maintain stable prices for America’s families, and look forward to his confirmation process.”

JPMorgan Chase CEO Jamie Dimon: “Kevin Warsh is a highly respected and experienced leader — across government, business and education — who I have seen act with integrity and a dedication to making our country better.”

Job Creators Network CEO Alfredo Ortiz: “Kevin Warsh is the perfect choice to lead the Federal Reserve. He has repeatedly demonstrated understanding of the true driver of inflation: excessive government money printing, not economic growth. Under his leadership, the Fed can finally reach its target inflation rate, something Chairman Powell has continually failed to do, while also expanding access to credit for small businesses. By protecting the value of the dollar, supporting economic growth, and boosting capital access, a Warsh chairmanship can backstop a booming small business economy. The Senate should quickly confirm him.”

Let me end this piece by asking you readers: What is your reaction to this development? Considering the wide-reaching positive reactions to Trump’s pick for the next Chairman of the Federal Reserve, do you feel confident that Warsh is the right choice? Do you hope to see Warsh make positive changes once he takes over as the head of the Federal Reserve? Have you been frustrated with the way Jerome Powell led the Federal Reserve and executed financial policies over the past several years?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Philippines 2025 GDP Growth Lands At 4.4%

January 30, 2026January 29, 2026carlocarrasco

After much anticipation, the full gross domestic product (GDP) growth of the Philippines registered final pace of 4.4% for the whole year of 2025, according to a Manila Standard business news report.

For insight, the 4.4% 2025 GDP growth is even lower than what others anticipated (click here and here). It should be recalled that GDP growth in the 3^rd and 4^th quarters of last year showed clear signs of economic weakness. The said weakness is connected with the flood control corruption scandal that rocked the nation.

To put things in perspective, posted below is an excerpt from the news report of Manila Standard. Some parts in boldface…

The Philippine economy expanded 4.4 percent in 2025 as a sharp slowdown in the final three months of the year dragged down the annual performance, government data showed on Thursday.

The gross domestic product grew 3.0 percent in the fourth quarter, marking the weakest quarterly expansion in five years. The Philippine Statistics Authority (PSA) said the industrial sector contracted by 0.9 percent during the period, while gross capital formation, a measure of investment, tumbled 10.9 percent.

Wholesale and retail trade, financial activities and public administration remained the primary drivers of growth during the October to December period.

Public administration and defense led the gains with a 7.9 percent increase, followed by financial and insurance activities at 5.6 percent and trade at 4.6 percent.

For the full year, the services sector led the economy with a 5.9-percent expansion, while agriculture, forestry and fishing grew 3.1 percent. The industrial sector recorded a modest 1.5 percent increase for all of 2025.

Consumer spending, which traditionally anchors the Philippine economy, rose 3.8 percent in the fourth quarter and 4.6 percent for the full year. Government spending saw a significant annual jump of 9.1 percent despite the year-end cooling.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will be able to bounce back strongly this year and achieve 5% growth later? Do you think the reforms being implemented by the national government will create positive economic results soon? Are you convinced that the flood control corruption scandal turned off a lot of foreign investors?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Delivers Largest Tax Refund Season in American History

January 28, 2026January 27, 2026carlocarrasco

While it is true that the economy of the United States is indeed growing, there are still a lot of Americans struggling financially. As such, the promised tax relief by US President Donald J. Trump is crucial for millions as the new tax season has started. The White House officially announced the largest tax refund in the nation’s history and there is professional feedback to support it.

To put things in perspective, posted below is an excerpt from the White House announcement. Some parts in boldface…

As tax season kicks off, millions of Americans are poised to receive significantly larger tax refunds thanks to President Donald J. Trump’s landmark Working Families Tax Cuts Act — which every Democrat in Congress opposed.

The historic legislation is delivering the biggest tax refund season ever, with average refunds projected to rise by $1,000 or more this year due to its transformative policies.

*Reference from the White House announcement.*

Economists and financial experts agree — 2026 will mark an unprecedented year for tax refunds:

USA TODAY: “The average refund in 2025 was $2,939, IRS data showed. This year, refunds could be as much as 30% more due to new provisions from President Donald Trump’s mega tax and spending bill, according to James Knightley, chief international economist at Dutch bank ING.”

CBS News: “Many Americans could see heftier tax refunds next year when they file their 2025 tax returns, largely due to new provisions enacted through the Republicans’ ‘one big, beautiful bill’ act that are retroactive to the start of the current year, according to an analysis from Oxford Economics. Total taxpayer savings could amount to an additional $50 billion through bigger tax refunds or a cut in their 2026 taxes…A $50 billion boost in tax refunds would represent an 18% increase from the $275 billion in refunds the IRS sent this year to nearly 94 million taxpayers who overpaid on their 2024 federal tax returns.”

The Wall Street Journal: “Refunds on average are expected to come in $1,000 higher than usual this year, according to a study by investment firm Piper Sandler.”

Business Insider: “The Tax Foundation estimates that the average tax refund will grow from $3,052 in 2024 to $3,800 for tax year 2025. Depending on your income and circumstances, you might get even more back.”

CNBC: “Tax experts and analysts have agreed that many filers will see bigger refunds… ‘Overall, we’re expecting these changes to increase refunds by 15% to 20% on average,’ Heather Berger, a U.S. economist with Morgan Stanley said…”

President Trump’s Working Families Tax Cuts Act provides broad-based tax relief for hardworking Americans, with the average taxpayer expected to see nearly $4,000 in total tax savings in 2026. Key provisions of the bill include No Tax on Tips, No Tax on Overtime, No Tax on Social Security, a deduction for auto loan interest on Made-in-America vehicles, and much more — putting more money back in the pockets of families, workers, and seniors.

For details about the One Big Beautiful Bill (OBBB) and the Working Families Tax Cuts, click here and here.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think this new tax refund season will be very helpful to Americans who are struggling with making ends meet? Have you paid close attention to the details within the Working Families Tax Cuts and the One Big Beautiful Bill already? How many families in your local community have been anticipating the new tax refunds from the Trump administration? Do you think the new tax refunds will be able to boost gross domestic product (GDP) growth to 5% this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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IMF Trims Philippines Economic Growth Projections For 2026 And 2027

January 27, 2026January 20, 2026carlocarrasco

As far as the International Monetary Fund (IMF) is concerned, issues of corruption and climate disruptions are enough to convince them to project economic growth of the Philippines at a slower pace not just for this year but also for next year, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the business news report of the Manila Bulletin. Some parts in boldface…

Washington-based multilateral lender International Monetary Fund (IMF) has tweaked downwards its economic growth projections for the Philippines this year and the next, following its more somber outlook for 2025 amid corruption allegations and climate disruptions.

According to the IMF’s updated World Economic Outlook (WEO), Philippine gross domestic product (GDP) is now seen expanding at a slower 5.1 percent, down from its earlier forecast of 5.4 percent—both of which fall short of the country’s already lowered target of at least 5.5 percent.

Despite the cut, the IMF’s forecast remains slightly more optimistic than the Bangko Sentral ng Pilipinas’ (BSP) assumption of a 4.6 percent growth rate, which the central bank has attributed to a loss of confidence tied to governance concerns.

For 2026 and 2027, the IMF also trimmed its growth forecasts to 5.6 percent from a previous 5.8 percent, and to 5.8 percent from 6.1 percent, respectively. The central bank’s projection of 5.4 percent for 2026 stands lower than the IMF’s forecast, while its 6.2 percent forecast for 2027 is higher.

These projections still fall within the revised targets, based on National Socioeconomic Planner Arsenio M. Baliscan’s lower growth assumptions. Baliscan expects growth to clock in at five to six percent in 2026, and 5.5 to 6.5 percent in 2027—both lowered from the earlier goals of six to seven percent.

According to the IMF, the downward adjustment for 2026 and 2027 “reflects the carryover impact from a downward revision in the IMF’s growth forecast for 2025—from 5.4 to 5.1 percent—and a slower pace of capital accumulation.”

It noted that the slashed GDP growth forecast for 2025 reflects the output slump in the third quarter of 2025 “amid recent corruption allegations and climate shocks impacting economic activity in the second half of the year.”

To recall, the Philippine economy expanded by four percent in the third quarter of 2025—the weakest in four and a half years.

Looking ahead, output expansion could accelerate slower than expected mainly due to the potential “escalation of trade restrictions and prolonged uncertainty, geopolitical tensions, and disruptive financial market corrections.”

“On the upside, accelerated implementation of structural and governance reforms can boost investment and foreign direct investments (FDI), increase fiscal multipliers and boost potential growth,” the lender said.

What would drive the economy in the medium term is robust private consumption and higher investment, the IMF said, “supported by monetary policy easing and the authorities’ recent policy initiatives to support private investment.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines can somehow grow faster than what the IMF projected for 2026 and 2027? Do you think foreign investors have been turned off by the flood control corruption scandals?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thailand Sets Ambitious Tourism Targets For 2026

January 25, 2026January 20, 2026carlocarrasco

Thailand, the 2^nd most visited nation of Southeast Asia in 2025, has set ambitious tourism targets for itself for 2026 and it includes achieving US$95 billion in tourism revenue, according to a VnExpress news release. Thailand attracted over thirty million international arrivals last year which was actually a decline of more than 7% compared to 2024.

To put things in perspective, posted below is an excerpt from the news report VnExpress. Some parts in boldface…

The Tourism Authority of Thailand (TAT) has expressed confidence that the country’s tourism sector will earn 3 trillion THB (US$95.35 billion) in revenue this year through its “Amazing 5 Economy” strategy.

The plan targets an 11% increase in international visitors, enhanced domestic tourism, and a focus on sustainable, high-quality growth despite global challenges.

TAT aims for 36.7 million international arrivals and about 210 million domestic trips in 2026. Meanwhile, the revenue target includes 2 trillion THB from international markets, with an expected 11% increase in international tourist arrivals, and 1 trillion THB from domestic tourism, projected to grow by 4%, said TAT Governor Thapanee Kiatphaibool.

In 2026, TAT plans to reignite quality tourism growth by addressing challenges such as geopolitical tensions, increasing global competition, and domestic factors like the strong baht, household debt, safety concerns, and natural disasters. The key to success lies in the “Amazing 5 Economy” framework, which includes life economy, sub-culture economy, night economy, circular economy, and platform economy.

In 2025, Thailand recorded total tourism revenue of approximately 2.7 trillion THB. International arrivals reached 32.97 million, down 7.23% year-on-year.

It saw declines in short-haul markets such as Malaysia and China. However, long-haul markets showed strong momentum, with visitors from Europe, the Americas, the Middle East and Africa reaching a record 10.8 million.

Notably, arrivals from the U.K. and the U.S. each surpassed one million for the first time. Domestic tourism also expanded, with more than 202 million trips, up 2.7%.

Let me end this piece by asking you readers: What is your reaction to this development? Have you ever toured Thailand before? If you did, how long did you stay in Thailand and how was your overall travel experience there? Do you think Thailand will be to achieve its ambitious tourism targets this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump’s America Urges Allies To Increase Defense Spending To 5% Of GDP

January 25, 2026January 24, 2026carlocarrasco

Under the leadership of US President Donald J. Trump, America’s new defense strategy urged its allies and partner to increase their defense spending to 5% of their gross domestic product (GDP), according to a news report by Kyodo News. This latest development could result in a chain of events in which American allies will not only spend more but also act more responsibly when it comes to securing their respective nations.

To put things in perspective, posted below is an excerpt from the Kyodo News report. Some parts in boldface…

A new U.S. defense strategy released Friday urges all American allies and partners to increase defense spending to 5 percent of their gross domestic product and be more responsible for their own national security.

Highlighting President Donald Trump’s “America First” and “peace through strength” agenda, the Pentagon’s policy document says they have a bigger role to play, but not as “the dependencies of the last generation,” as the United States needs to prioritize defending its homeland and its interests throughout the Western Hemisphere.

“We will advocate that our allies and partners meet this standard around the world, not just in Europe,” says the first National Defense Strategy since Trump’s return to the office a year ago, referring to the 5 percent defense target.

“As our allies do so, together with the United States, they will be able to field the forces required to deter or defeat potential adversaries in every key region of the world, even in the face of simultaneous aggression,” it says.

NATO members have already pledged to meet Trump’s demand to increase defense spending from 2 percent to 5 percent of GDP by 2035. The new NATO target is composed of 3.5 percent for core military spending and an additional 1.5 percent for security-related spending.

As the document praises Europe and South Korea for committing to raising their defense expenditures since Trump’s return to office, it appears inevitable that other major U.S. allies, including Japan, will face increased pressure from his administration to follow suit.

On par with the National Security Strategy, released by the White House in December, the key defense document touches on China and its fast-paced military buildup.

But the tone is softer compared to previous versions.

It says the second Trump administration’s approach is to deter China in the Indo-Pacific region through strength, “not confrontation.”

In the 34-page document, there is also no mention of Taiwan, the self-ruled island that China regards as its own territory and around which it has been stepping up military pressure.

“President Trump seeks a stable peace, fair trade and respectful relations with China, and he has shown that he is willing to engage (Chinese) President Xi Jinping directly to achieve those goals,” the document says, adding that Washington’s goal is not to dominate China.

“Rather, our goal is simple: To prevent anyone, including China, from being able to dominate us or our allies,” it says.

As part of efforts to meet that end, the U.S. military will erect a “strong denial defense” along the first island chain in line with the security strategy, according to the defense blueprint.

The island chain runs from the Japanese archipelago, through Taiwan, the Philippines and on to Borneo, encircling China’s coastal waters.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the new American strategy will create a huge impact on how the allies will defend their respective nations? Do you think this will lead to the containment of Communist China’s aggression on the Indo-Pacific? Do you think the new strategy could lead to more stability in both Asia and Europe?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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A Lot More American Fruits And Vegetables Imported By Vietnam In 2025

January 23, 2026January 22, 2026carlocarrasco

Vietnam, a nation previously ravaged by war which eventually emerged as a major tourism destination in Southeast Asia, imported a lot more fruits and vegetables from the United States of America resulting in a jump of 67% to US$900 million, according to a news report by VnExpress. Vietnam’s exports to America, however, were not too great which resulted in a trade surplus of more than $350 million for America on fruits and vegetables.

To put things in perspective, posted below is an excerpt from the VnExpress news report. Some parts in boldface…

U.S. fruits and vegetables are pouring into Vietnam, with 2025 imports rising by nearly 67% to US$900 million, but Vietnamese exports to the U.S. are not keeping pace.

This marked a 10-fold jump in imports from the U.S. from a decade ago, with cherries, apples, grapes, and oranges being among the top fruits bought, according to Vietnam Customs.

Vietnam’s vegetable and fruit exports to the U.S. were worth $546 million last year, a minuscule 1.49% share in a market is dominated by suppliers such as Mexico, Canada and South American countries.

Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, said the U.S. is a very large market but also one marked by stringent technical standards and also long geographical distance for Vietnam.

Vietnam’s position as the 13 largest fruit and vegetable supplier to the U.S. is owed to the great efforts made by businesses in recent years, he added.

There is room for growth as the list of fresh fruits permitted for export to the U.S. continues to expand, and now includes pomelo, mango, dragon fruit, longan, lychee, star apple, rambutan and, most recently, coconut.

Consumer trends in the U.S. are shifting toward novel fruits, health-oriented products and more deeply processed items such as frozen fruit, dried fruits and juices, with Vietnamese products like coconut, durian and pomelo becoming increasingly popular.

But exports do face many challenges. Starting this month the U.S. began tightening regulations on traceability and food safety, particularly with respect to pesticide residues.

Vietnamese oversight of planting area codes and packing facilities remains uneven, which threatens to bring warnings or even temporary import suspensions by the U.S.

The high logistics costs due to the distance make it difficult for Vietnamese fruits and vegetables to compete on price with suppliers close to the U.S. such as in Mexico, Peru or Thailand.

Let me end this piece by asking you readers: What is your reaction to this development? Do you consider Vietnam’s heavy importing of American fruits and vegetables in 2025 big economic victories for Trump’s America? What do you think is the main reason as to why Vietnam purchases so much fruits and vegetables from the United States? Do you think Trump’s tariffs are already helping American producers of fruits and vegetables?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Philippines Attracted 5.94 Million Foreign Tourists And 543K Overseas Filipinos In 2025

January 22, 2026January 22, 2026carlocarrasco

Finally, the Department of Tourism (DOT) revealed that 5.94 million foreign tourists and over 543,000 returning overseas Filipinos arrived in the Philippines in 2025 resulting in tourism revenue of P694 billion, according to a news release by the Philippine News Agency (PNA).

For insight, the Philippines attracted 5,940,975 foreign visitors in 2025 which is 8,375 less compared with 2024’s foreign visitors. Ultimately, the Philippines is still behind many of its Southeast Asian neighbors on international tourism for 2025.

To put things in perspective, posted below is an excerpt from the news article of the PNA. Some parts in boldface…

The Philippines recorded 6.4 million foreign visitors and returning overseas Filipinos in 2025, generating an estimated PHP694 billion in tourism receipts, the Department of Tourism (DOT) said Tuesday.

Citing Bureau of Immigration data, the DOT said 5,940,975 were foreign visitors, including cruise passengers and categories not fully captured in eTravel.

Another 543,085 were returning overseas Filipinos, bringing total inbound arrivals to 6,484,060.

The DOT said preliminary international visitor spending was estimated at PHP694 billion.

While arrivals remain below pre-pandemic levels in 2019, the DOT said the outcome was achieved despite global and domestic challenges, including travel alerts from key markets and fiscal constraints.

The agency said tourism performance should not be measured by arrivals alone, citing strong domestic travel, value creation and job generation.

Guided by the National Tourism Development Plan 2023–2028, the DOT said it remains focused on improving connectivity, safety, workforce skills and service standards.

For insight as to why the Philippines is having a lot of trouble attracting visitors from abroad, watch the YouTube videos below.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Department of Tourism’s claim that tourism performance should not be measured by arrivals alone while the Philippines keeps on falling behind its Southeast Asian neighbors that attracted a lot more foreign tourists? Do you think the DOT should examine closely how satisfied or dissatisfied foreign tourists really are before they leave the country? Are you tired of seeing the Philippines failing to hit its annual international tourist arrival targets?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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