October 25, 2023
VN-Index 🡇 4.24 points (1,101.66) at close, October 25
It was another slide for the HOSE on Wednesday finishing the day just over four points down, closing at 1,101.66. Foreign investors continued to net sell pulling another US$22 million from the market. Foreign investor trades on HOSE October 19 to 25 Buy Sell Change Date VND US$ VND US$
VinaCapital floats the idea of Vietnam hosting the Olympic Games
Investment firm VinaCapital published notes from an investor conference earlier this month in which it said it believes Vietnam’s GDP for the year will come in at under 5 percent, but also that the recent ‘Comprehensive Strategic Partnership’ Vietnam signed with the United States may signal a step toward Vietnam
Standard Chartered cuts Vietnam growth forecast for 2023
Standard Chartered has cut its GDP growth forecast for Vietnam this year from 5.4 percent to 5 percent, The Investor is reporting. This is mostly in line with revised government forecasts as well as those of a number of big institutions–the World Bank, International Monetary Fund, and the Asian Development
Columbia Sportswear looking to ‘near-shore’, may cost Vietnam
US apparel brand Columbia Sportswear is in the process of ‘near-shoring’ its manufacturing operations out of Asia (Columbia Sportswear has around 190 contract suppliers in Vietnam) to Central America, the New York Times is reporting. Key Columbia Sportswear executives quoted cite their move from China to Vietnam as problematic with
Vietnam’s bad debt ratio almost doubled from January to July
Vietnam’s bad debt ratio has gone from 2 percent in January to 3.56 percent by the end of July, according to the State Bank of Vietnam and reported by Vietnam Plus. Vietnam’s economy has been struggling since the end of last year when limits on how much credit banks were
In today’s news: Grab response proposed industrial action, Vingroup founder + wife LP Bank ownership, Mortgage rates under pressure, New chemical plant HCMC, Russia
In today’s news: HCMC data centre land lease, Russia-Vietnam strategic oil reserves chats, AI slop factory Hanoi, Government bond auction results, F&B industry revenue
In today’s news: Traveler data compromised, KOL summit party commitments, Vingroup ownership VinFast Australian arm, Vingroup loans guaranteed by VN banks, Keppel VN land
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