October 23, 2023
VN-Index 🡇 14.5 points (1,093.53) at close, October 23
The HOSE did not start the week well, finishing down 14.5 points to end the day at 1093.53, losing almost all of the gains it made Friday, according to HOSE data. On the up side, foreign investment in the market grew, but only marginally. Foreign investor trades on HOSE October
🇻🇳 National Assembly to pass 9 new laws over the next 22 days
Vietnam’s National Assembly is currently sitting and is expected to pass nine laws over the next 22 sitting days, The Investor is reporting. Legislation to be passed: Amended Land Law; Amended Law on Real Estate Business; the Amended Housing Law; the amended Law on Water Resources; the Amended Law on
Is Vietnam’s stock exchange losing its appeal to foreign investors?
Foreign traders withdrew VND 11.46 trillion (US$467 million) from the Ho Chi Minh Stock Exchange in the first nine months of this year, Vietnam News is reporting. The article notes that there are 40,200 foreign individuals and 4,506 foreign institutions with accounts for a total of 44,700 accounts belonging to
Japan’s AEON Group drops US$175 million on Vietnam financial services company
SeABank has sold Post and Telecommunications Finance Company Limited (PTF), one of Vietnam’s first non-bank credit institutions, to AEON Financial Services, for VND 4.3 trillion (US$175.2 million), Vietnam News is reporting. PTF was sold to SeABank by VNPT in 2018 for 710 billion VND (US$29 million).
Vietnam’s Bamboo Airways “a bizarre mess of an airline”
In a frank assessment of Bamboo Airways, Ben Schlappig, the founder of the One Mile At A Time travel blog, dubbs the airline a “bizarre mess” after it ditched its long-haul flight roster. He goes on to say its growth plans ‘made no sense’ to begin with and raises concerns
Japan wine distributor enters Vietnam market
Enoteca, a wine distributor from Japan, has officially registered a subsidiary in Vietnam, Vino Joy News is reporting. Details on their market entry plans are limited, however, Vina Joy notes that the company intends to operate in both the retail and wholesale spaces. Good wine is becoming increasingly popular in
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