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October 30, 2023
VN-Index -18.22 points (1,042.40) at close, October 30
The HOSE slid 18.22 points or 1.72 percent in the first trading session of the week, according to HOSE data. This comes after a troubling week in which the local bourse fell over forty points in one day and rounded out the week 47 points down on a week earlier.
Interbank interest rates drop as T-bills continue to expire, not replaced
Inter-bank interest rates have started to decrease after reaching a three-month high last week, Vietnam Biz is reporting. Last Thursday they hit 1.89 percent, down from 2.22 percent the Monday before. Why it matters: Inter-bank interest rates were one measure that was being used to assess the success of the
Industrial rents have jumped significantly in northern Vietnam
Land rents for industrial projects have increased by as much as 48 percent (Bac Ninh) in northern Vietnam in the past year on the back of increased interest from electronics firms, according to Savills and reported by The Leader. Vietnam’s rising star as a manufacturing hub is seeing demand rise
Was HOSE 40-point drop Thursday really a result of ‘rumours and tricks’?
The VN-Index ended last week 47.41 points down on its close Friday of the week before, and this was partly a result of ‘rumours and tricks’, Tuoi Tre is reporting. This, however, is not exactly true. The drop of 40 points last Thursday appears to have been driven by a
Data center development may not be keeping pace with demand in Vietnam
An ‘investment rush’ into data centre development has not been enough to keep pace with growing demand, The Investor is reporting. The publication estimates Vietnam will need to build at least five new facilities each year with at least 2000 racks. Note that recently passed data localisation laws require firms
In today’s Vietnam news: Ready-to-drink tea market report, Rights groups EU action on Vietnam civic space crackdown, Taxi company buy 2,000 Vinfast cars, Vietnam
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
This interview with Ngoc (Lily) Nguyen, the Vietnam Southern Region Sales Manager at HAP Commodities Consulting, covers how the Iran–Hormuz conflict is affecting the coffee
This is an interview with Hao Qiu, the Founder of Fair Farm Vietnam. It looks at how global factors, including Brazil’s crop outlook and Middle
This is an interview with Timen ter Meulen Swijtink, Managing Director, Collective Company (producer of LaCaph-branded coffee). It covers how the Middle East crisis is