November 23, 2023
VN-Index-25.33 points (1,088.49) at close, November 23
The VN-Index finished the day in the red losing 25.33 points or 2.27 percent. At the final bell it was sitting on just 1,088.49 points. Foreign traders also left the market to the tune of a total of US$18.4 million. Foreign investor trades on HoSE from November 17 to November
Vietnam’s record high trade surplus, not necessarily good news
Vietnam’s trade surplus up to the end of October this year was US$24.61 billion, two and a half times bigger than it was over the same period last year, VN Express is reporting. But overall trade is down and in this context, this isn’t great news. Key takeaways: It looks
Well-known English language training center chain, APAX Holdings, delisted
Violations of information disclosure rules have seen APAX Holdings, which runs a chain of English training centres in Vietnam, delisted from the Ho Chi Minh Stock Exchange, VN Express is reporting. Why it matters: APAX well over-expanded before COVID and when the pandemic broke out and centres were forced to
Key retail strips in HCMC, Hanoi among the most expensive in the world
Tuoi Tre is reporting that retail rents on Hanoi’s Trang Tien Street and Ho Chi Minh City’s Dong Khoi Street are among the most expensive in the world, according to Cushman & Wakefield. That said, the Main Streets Across the World Report 2023, from the aforementioned property managers, ranks HCMC’s
Bamboo Airways cuts key domestic routes from schedule
Embattled Vietnam airline, Bamboo Airways, has cut domestic tourist hot-spots Dalat and Phu Quoc from its flight schedule in a bid to try and keep itself afloat, The Investor is reporting. These cuts are on the back of a series of international route cuts last month. See also: Vietnam’s Bamboo
Japanese food and beverage firms buys Vietnam dairy company
Vietnam’s New Viet Dairy, an importer, exported, and distributor of speciality dairy and deli products, has been sold to Japan’s Sojitz Corporation, The Investor is reporting. The value of the sale is not disclosed, however, New Viet Dairy reported revenue of US$320 million last year.
Intel still intends to expand its operations in Vietnam: Vietnam News
Intel has not abandoned plans to expand its operation in Vietnam, despite reporting to the contrary, Vietnam News is reporting. Reuters reported earlier this month that these plans had been shelved sparking a flurry of debate over Vietnam’s future in semiconductor supply chains. The aforementioned Vietnam News article has reported
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
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