The HoSE has finished the week up again, with a 1.31 point rise or 0.12 percent to close at 1,076.78, according to HoSE data. Foreign traders bought back into the market today to the tune of US$10 million. Foreign investor trades on HoSE from October 30 to November 3 Buy

US firm plans to build amusement park in Hanoi

the-shiv November 3, 2023

US firm Rosen Partner is planning to build a themepark in Hanoi, The Investor is reporting. There is a huge dearth of additional information in that the article mentions no other details at all. Rosen Partners is actually a real estate firm and appears not to have any amusement park

‘Highly possible’ SBV will sell dollars under futures contracts: state media 🇻🇳

the-shiv November 3, 2023

A stronger US dollar and already very loose monetary policy in Vietnam is leaving the State Bank of Vietnam (SBV) with few options left to manage the local currency and it may need to sell dollars under futures contracts, VietnamNet has said. Of note: The dong is on a floating

First privately owned waste-to-energy plant in Vietnam begins operation

the-shiv November 3, 2023

A US$58 million waste-to-energy plant in northern Vietnam’s Bac Ninh province has officially started operating, Vietnam Plus is reporting. The project is a joint venture between Vietnam’s Green Star Environmental Company and South Korea’s Green Star Environmental Company Chosun Refractories ENG and SK Ecoplant. The plant can process 800 tonnes

Vietnam ‘unlikely’ to reach 6 gigawatt offshore wind power target by 2030

the-shiv November 3, 2023

This target is part of the Power Development Plan 8 approve earlier this year and the ‘unlikely’ assessment came from an article in Fulcrum penned by Phan Xuan Dung a Research Officer at ISEAS – Yusof Ishak Institute. Key takeaways: Vietnam’s grid can’t handle an influx of new wind power;

VN-Index 🡅 35.81 points (1,075.47) at close, November 2

the-shiv November 3, 2023

The HoSE smashed it Thursday finishing up a phenomenal 35.81 points or 3.44 percent to close at 1,075.47. Real estate and construction firms were four of the top five performers. This is year another in a series of wild swings with investors uncertain about the direction of the economy. Of