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

the-shiv October 30, 2023

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

the-shiv October 30, 2023

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-shiv October 30, 2023

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

the-shiv October 30, 2023

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