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Day: November 9, 2023

VN-Index + 0.46 points (1,113.89) at close, November 9

the-shiv November 9, 2023

The HoSE has finished up today but only marginally, gaining 0.46 points or 0.04 percent to finish the day at 1,113.89, according to HoSE data. That said, foreign investors bailed on the market en masse withdrawing VND 806 billion or US$33.1 million. Foreign investor trades on HoSE from November 4

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Japan chemical firm plans new factory in southern Vietnam

the-shiv November 9, 2023

Japanese chemical maker, Tosoh, has put forward a proposal for a 12-hectare factory in southern Vietnam’s Ba Ria-Vung Tau province, The Investor is reporting. Vietnam exported US$4.9 billion in chemicals and chemical products in 2022 and imported US$17.6 billion in chemicals and chemical products in 2022.

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Singapore real estate firm to develop 5.6 hectares in Hanoi’s west

the-shiv November 9, 2023

Singapore real estate developer, CapitalLand, intends to drop US$738.6 million on developing nine towers comprising 4,000 units, in Hanoi’s west, The Investor is reporting. Why it matters: Vietnam’s real estate sector is on struggle street mostly because of a number of fraud cases that emerged in corporate bonds issued by

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New HoSE retail trading accounts fall by 378,000 in October

the-shiv November 9, 2023

The number of Ho Chi Minh Stock Exchange retail trading accounts opened fell below the number of accounts closed in Ocotober, VN Express is reporting. Just 167,700 accounts were opened in October. Furthermore, in the same month 545,400 accounts were closed. The article points out that traders are allowed to

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Notes on Vietnam’s up coming radio frequency auctions

the-shiv November 9, 2023

Vietnam’s Ministry of Information and Communication has announced it will auction several radio frequencies, specifically the band from 2,500 to 2,600MHz, with the goal of boosting the country’s 5G rollout, Vietnam Investment Review is reporting. The starting price for the auction is US$167.93 million for a 15 year contract. These

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Vietnam hosts 26-nation/territory pharma conference in Hanoi

the-shiv November 9, 2023

The Asian Federation for Pharmaceutical Sciences (AFPS) Conference 2023 is being held in Vietnam this week, Vietnam Plus is reporting. Why it matters: Vietnam’s pharmaceutical sector has historically been heavily regulated and has only given foreign firms limited access. But this is changing. Next generation free trade agreements are opening

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