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October 11, 2023
Domestic gold price currently trading at US$606 over world gold price
Gold bars in Vietnam are trading at VND 69.7 million (US$$2,853), VND 12.8 million (US$606) higher than the world gold price of VND 54.8 million (US$2,243) per tael, VN Express is reporting. Why it matters: To alleviate pressure on the dong, the State Bank of Vietnam has been issuing treasury
Cross-border firms with local offices face stricter supervision, more red tape
Concerns have been raised that foreign cross-border service providers may be reluctant to open local offices in Vietnam due to the recent investigation of TikTok by the Ministry of Information and Communications (MIC), Vietnamnet is reporting. The article notes that the MIC has set out to assuage these concerns with
Results of AMRO Annual Consultation with Vietnam are imminent
The ASEAN+3 Macroeconomic Research Office has pre-empted the release of its annual consultation report with Vietnam with this press release. Key takeaways: Vietnam’s economic growth in the near term remains fragile; The rate at which Vietnam’s population is ageing could weigh on medium-to-long-term growth potential; A drop in liquidity in
VN-Index up 6 points to 1,143.7 at close October 10
The VN-Index gained 6 points yesterday to close at 1,143.7, VN Express is reporting. Foreign firms, however, sold more than they bought, withdrawing US$11.6 million from the local bourse. Foreign investor trades on HOSE October 10 VND (billions) US$ Bought 865 35,425,470 Sold 1,149 47,056,491 Change -284 -11,631,021 Most popular
In today’s Vietnam news: South Korea – Vietnam leaders meeting, Vietjet COMAC lease agreement, EVN FiT eligibility problems proposed resolution, FDI firms fined over
In today’s Vietnam news: Vietnam-flagged LPG tanker passes Hormuz Strait, To Lam in China, Coffee concerns dry weather in VN, Coal mining output increase
In today’s Vietnam news: SBV ready to intervene in Forex market, US firm approved for wind power site survey, SBV to push for lower
This is a short interview with Vicente Nguyen, Chief Investment Officer at Asia Frontier Capital, regarding the Middle East conflict and its impact on Vietnam’s economy.
This is an interview with Hugo Bosch, host of Ho Chi Minh Securities’ Emerging Asia Podcast, about the impact the conflict in the Middle East is having on Vietnam’s stock market.
In this interview, Michael Kokalari discusses how escalating tensions in the Middle East and disruptions in global energy flows could impact Vietnam’s economy, markets, and investment outlook.