Get updates delivered straight to your inbox
November 16, 2023 news
VN-Index +3.03 points (1,125.53) at close, November 16
The VN-Index has continued is winning streak, closing out the day up a small but still better than nothing, 3.03 points or .27 percent, according to HoSE data. Vietnam’s key index is now sitting at 1,125.53. Foreign investors, however, changed their tune from yesterday when they net-bought US$10 million worth
Retail association calls for extended delay on tighter bond market regulations
The HCMC Real Estate Association (HoREA) has called for an extension of Decree 08/2023 which has delayed to the implementation of tighten bond market regulations outlined in Decree 65/2020, The Saigon Times is reporting. Decree 65 when fully implemented would see bonds given credit ratings and bond market interactions limited
Global talent index ranks Vietnam No. 75
Vietnam has squeezed into the 2023 Global Talent Competitiveness Index in 75th place just behind Mexico in 74th place and ahead of Mongolia at 76, Vietnam Net is reporting. Vietnam, Global Talent Competitiveness Index 2023, key metrics table Metric Description Score Rank Enable Regulatory, market, business and labour landscape 46.78
Concerns Chinese electric bike makers evading EU trade remedies via Vietnam
The European Bicycle Manufacturers Association has raised concerns that Chinese electric bike makers are exporting their products through Vietnam to the EU to avoid antidumping duties, ASL is reporting. This could see the EU apply antidumping duties on electric bikes from Vietnam too. Using Vietnam to circumvent trade remedies has
Vietnam real estate firm wants to settle outstanding bond debts with property
Real estate firm Novaland has proposed using unsold properties in its Grand Manhattan development in Ho Chi Minh City to cover outstanding bond debts, Vietnam News is reporting. It’s not clear that this resolution has been accepted or that it will be by creditors. The bond debt is outstanding from