September 12, 2023
Vietjet also buys a bunch of Boeing aircraft
It was reported yesterday that Vietnam Airlines had signed a US$10 billion to purchase 50 Boeing aircraft, The Investor is also reporting today that Vietjet also signed a deal with Boeing for 200 aircraft worth over US$25 billion over five years. A total of US$550 million for the purchase will
Vietnamese dong exchange rate quietly creeping up
The State Bank of Vietnam’s has set the exchange rate of the Vietnamese dong at 24,005 to the US dollar, which is an all-time high according to The Investor. Note that this rate is a peg and local traders are only permitted to trade VND in a band five percent
FDI enterprises in Vietnam average monthly salary based on compulsory social insurance US$258
Doanh Nhan Saigon is covering late payments of compulsory social insurance in Vietnam. Of note, however, is a finding that the average salary of a worker in a foreign organisation or foreign invested enterprise is VND 6.23 million per month (US$258). This represents an increase of 1.48 percent over 2021.
What Vientamese workers want in 2023: Decision Lab, The Sentry
Co-working space, The Sentry, and market research firm, Decision Lab, have released a report on what Vietnamese employees are looking for in their employers. For Gen X its learning opportunities for Gen Y is money which fits with broader observations of younger people have greater flexibility and older people have
Context: FDI vs. Domestic in 500 most profitable enterprises report, 2023
FDI firms are leading domestic firms in VIentam on return on assets by 2.5 percentage points and return on equity by 4.9 percent, according to the PROFIT500 rankings released earlier this week. Whereas these differences are marginal, it’s worth noting that the key local companies making the top of the
US sees Vietnam at bottom end of semiconductor supply chain?
The US will support Vietnam to attract investment in semiconductor production and developing technical skills necessary to participate in semiconductor production, according to a US Department of State press release. Of note in the state departments release is a reference to ‘building on Vietnam’s existing strengths in assembly, testing, and
In today’s Vietnam news: Power supply imports, Hanoi boulevard project protests, Antidumping duties coming for boxes, Maersk container terminal project Hanoi, Vinpearl foreign investment,
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It