November 21, 2023
VN-Index +6.80 points (1,110.46) at close, November 21
The HoSE closed up +0.62 percent or 6.8 points to today to finished the session at 1,110.46. Foreign investor trades on HoSE from November 12 to November 21 Buy Sell Change Date VND US$ VND US$ VND US$ 15/11 1,694 $70,174,119 1,449 $60,024,970 245 $10,149,150 16/11 1,030 $42,667,853 1,160 $48,053,116
Decrease in Vietnam’s personal income tax collection recorded
Vietnam’s personal income tax receipts in the first nine months of this year were down VND 7.2 trillion (US$299 million) over the same period last year, Tuoi Tre is reporting. The article goes on to say this is due to a reduction in real estate transfer taxes which are included
Vietnam IPOs so far this year net just US$7 million
The only three IPOs in Vietnam so far this year pulled in just US$7 million, The Investor is reporting. The publication is referencing a report from Deloitte and suggests that the Ho Chi Minh City Stock Exchanges poor performance this year has seen firms delaying their IPOs. The three IPOs
Vietnam trailing regional counterparts in stock market IPOs
Vietnam had just 8 IPOs last year compared to 42 in Thailand and 59 in Indonesia, Vietnam News is reporting. The publication’s core argument is that a lack of IPOs, and subsequently diversity, is a turn off for foreign investors. Of note, Thailand and Indonesia are both considered ‘emerging’ markets
Petrol stations run dry in parts of Vietnam as falling fuel prices squeeze retailers’ margins, despite petrol dropping below US$0.76 per litre. Meanwhile, the
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It