October 17, 2023
VN-Index down 20 points to close at 1,121.65, October 17
The VN-Index fell again on Tuesday continuing a rocky start to the week, according to Ho Chi Minh Stock Exchange data. The local bourse ended the day at 1,1121.65 points down 20 points on Monday’s close. Banking and securities were the most traded stocks of the day. Note: There was
🇻🇳 PM requests up to US$7 billion for infrastructure projects from World Bank
The World Bank has agreed in principal to a request for between US$5-7 billion requested to build infrastructure projects including railways, roads, and urban infrastructure, but with caveats, Doang Nhan Viet is reporting. Specifically, the WB wants more details including specific details of the projects and deadlines for the projects
Vietnam rare earth mining firm find Australian development partner
The owners of Vietnam’s only rare earth processing plant, Vietnam Rare Earth JSC (VTRE), has announced it is partnering with Australia’s Blackstone Minerals to arrange an auction for a mining licence for Vietnam’s Dong Pao mine, The Investor is reporting. The Dong Pao mine is a 132-hectare site in northern
Vietnam fuel imports have increased 23.1 percent so far this year
Vietnam spent US$793 million on imported fuel bringing its total imports of petrol products to US$6.65 billion, which is a 23.1 percent increase year-on-year, Vietnamnet is reporting. This is at least in part a result of challenges at Vietnam’s Nghi Son refinery that have seen capacity cut and huge financial
Amazon Prime Video set to exit Vietnam market
Amazon Prime Video has decided to exit the Vietnam market at the end of the month, VN Express is reporting. Amazon doesn’t seem to have explained exactly why but the speculation is that Vietnam’s regulations on cross-border media providers may be the reason. More detail: In recent years Vietnam has
New deal: Shinhan Bank Vietnam to offer corp. clients Samsung insurance
Shinhan Bank Vietnam and Samsung Vina Insurance Company have signed a deal for the former to offer the latter’s property insurance products to its corporate clients, Vietnam News is reporting. Why it matters: This is positive news for insurance companies and bancassurance agreements which have been under increased scrutiny this
Soju manufacturing plant headed to northern Vietnam
Soju maker HiteJinro is planning to build a US$100 million soju factory in northern Vietnam’s Thai Binh province, The Investor is reporting. This will be the Korean firm’s first overseas plant and will serve its broader global expansion plans. Soju is becoming increasingly popular in Vietnam and is broadly available
In today’s Vietnam news: Accor-Sun Group agreement, US largest ethanol supplier, Demographic dividend to end 3 years early, Maritime economy development, ACV looking to
In today’s Vietnam news: Vietnam Airlines trading restrictions removed, Insurance payouts VSS, Car sales June, 23+ years prison term recommended counterfeit supplements, Counterfeit shoes
In today’s Vietnam news: Government to inject cash into Agribank, IMF growth forecast raised, German industrial gas plant investment, VN garment maker Amazon legal
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