The HOSE recovered almost all of yesterday’s losses today closing the session at 1,105.90 up 1.13 percent or 12.37 points, according to HOSE data. Foreign traders, on the other hand, net sold for the day to the tune or VND 458 billion or US$18.6 million. Foreign investor trades on HOSE

Vietnamese coffee brands expand abroad, quality over quantity key

the-shiv October 24, 2023

Doanh Nhan Vietnam is carrying an article about Vietnamese coffee chains expanding into international markets. Of particular interest, however, is a quote in the article from the former Marketing Director of Cong Coffee, Tran Tien Dat, in which he explains Cong Cafe’s thinking when it comes to expanding. “One of

Aussie firm still keen on VN rare earth mine after arrest of local partner

the-shiv October 24, 2023

Australia’s Blackstone Minerals has said it intends to follow through on plans to participate in an auction of concessions on a rare earth mine in northern Vietnam, even though its local partner was arrested last week, The Investor is reporting. Last week, Blackstone and Vietnam Rare Earth JSC (VTRE), the

Japan electronics manufacturer to build new factory in northern Vietnam

the-shiv October 24, 2023

Japan’s Meiko Electronics, intends to start work on a US$200 million circuit board factory in northern Vietnam’s Hoa Binh province next year, The Investor is reporting. This will be Meiko’s fourth factory in Vietnam where it has currently invested US$500 million and employs 7,000 workers.

Taiwan electronics manufacturer to build new factory in northern Vietnam

the-shiv October 24, 2023

Taiwan’s P-Duke Technology, which is most well known for power converters, is set to build a new US$8 million in northern Vietnam’s Nam Dinh province, The Investor is reporting. The Taiwanese firm is expected to start operating the 3.2-hectare factory in October 2025,

Barely a quarter of Vietnam’s workforce has a degree, formal qualifications

the-shiv October 24, 2023

Just 14 million or 26.8 percent of Vietnam’s workforce have a degree or formal qualifications, Doanh Nhan Saigon is reporting. A further 33 million workers or 66.6 percent of the workforce are also employed in informal work–subsistence farming for example. This suggests that low-cost labour may be an option for

Is Vietnam really at risk of a labour shortage?

the-shiv October 24, 2023

There were 22.6 million people aged between 15 and 24 in Vietnam, in 2020, but by the end of 2022 that number had dropped to 20.7 million, and this is putting Vietnam at risk of a labour shortage, VN Express is reporting. The article discusses Vietnam’s ‘golden population’ structure and

10,000 dongs worth of T-bills expired yesterday, replaced with just 850

the-shiv October 24, 2023

The State Bank of Vietnam issued a tranche of T-bills yesterday valued at 850 billion dong or US$34 million, according to the SBV’s website. At the same time, 28-day T-bills to the tune of VND 10 trillion or US$409 million matured–a replacement rate of less than 10 percent. It’s not