September 18, 2023
Starbucks opens 100th store in Vietnam: how much bigger can it get?
Starbucks opened its 100th store in Vietnam on the weekend in Hanoi’s West Lake district, Vietnam News is reporting. It’s taken Starbucks ten years to get to this point on average opening only ten stores a year. For comparison, it opened more than 6,500 stores in China over 24 years
Calls to loosen lending criteria to boost business borrowing
A lot of businesses in Vietnam have already reached their maximum borrowing capacity, with no collateral left to take out new loans according to Huan Huu Nguyen, a lecturer at Ho Chi Minh City University of Economics, and reported in Dan Tri. Nguyen says the issue is on the demand
Bot-trading on the Ho Chi Minh Stock Exchange may soon be regulated
The State Securities Commision (SSC) has said trading firms should not deploy more automated trading-bots until it decides how to regulate this new tech, according to the Vietnam Investment Review. The article says this tech poses ‘potential risks and could destabilise the market’ though it doesn’t specify what those risks
Is it time to abolish conditional business lines in Vietnam?
In an interview with Thoi Bao Tai Chinh last week, Cung Dinh Nguyen, the former Director of the Central Institute for Economic Management Research, took aim at conditional business lines and the corresponding business conditions. He says that to grow the private sector these need to be limited or even
Car sales drop in Vietnam in August partly because it’s ghost month
Car sales in Vietnam were down 9 percent in August according to the Vietnam Automobile Manufacturers Association (VAMA) and reported by Vietnam News. The outlet notes a broader economic downturn and constraints on consumer spending are part of the reason, but also that these numbers coincide with the month of
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
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
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