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Day: November 1, 2023

VN-Index 🡅 11.47 points (1,039.66) at close, November 1

the-shiv November 1, 2023

The fortunes of the Ho Chi Minh City Stock Exchange turned around today finishing the day up for the first time this week, according to HOSE data. The index gained 11.47 points or 1.12 percent. Foreign traders, however, went the other way, exiting the market to the tune of US$4.4

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Vietnam’s manufacturing sector still in contraction mode: S&P

the-shiv November 1, 2023

S&P Global has released its Global Vietnam Manufacturing PMI for October and it[s not great. Vietnam’s PMI was 49.6 in October down from 49.7 in September. S&P found that new orders were up but only slightly–not enough to increase production and instead firms drew down on exiting inventory. Why it

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Samsung Vietnam forecasts US$8 billion drop in exports in 2023

the-shiv November 1, 2023

Samsung Vietnam is aiming to export US$57 billion worth of goods this year, VN Express is reporting. This is US$8 billion less than the US$65 billion it exported in 2022. Why it matters: Samsung Vietnam accounted for almost 20 percent of Vietnam’s total exports (US$371 billion) in 2022. A drop

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