November 22, 2023
VN-Index +3.36 points (1,113.82) at close, November 22
The VN-Index inched up by 3.36 points or .3 percent today to finish the session at 1,113.82, accordion to HoSE data. That said, most of the buying was done by local firms with foreign investors net-selling over US$30 million worth of stocks. Foreign investor trades on HoSE from November 13
Market demand, skilled labour shortages in Vietnam, key risks for German firms
A lack of skilled labour and relatively low global market demand are key concerns for German investors in Vietnam, Germany Trade and Invest (AHK) has said. In its World Business Outlook Fall 2023 it also found firms weary of risks to supply chain disruptions (37 percent), economic policy (24 percent),
Lack of clear policy, pricing ‘undercutting investor confidence’ in Vietnam renewables: Bloomberg
The Vietnam Business Forum’s Power and Energy Working Group has published a report in which they say that a lack of legal frameworks around renewable energy is causing problems for firms looking to develop the sector, Bloomberg is reporting. Specifically, the working group has called for clearer regulations around power
Vietnam’s oil, petrol imports top US$13 billion in first ten months of 2023
Vietnam is becoming increasingly dependant on oil imports with 9.02 million tons imported in the first ten months of this year, an 11.6 percent increase over the same period last year, Vietnam Net is reporting. It also imported petrol products to the tune of 8.79 million tons. In contrast, over
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