November 24, 2023
VN-Index +7.12 points (1,095.61) at close, November 24
The VN-Index has finished the week up again, though only slightly, increasing by .65 percent. Vietnam’s benchmark index has been relatively stable this week losing just 15.17 points over all. Foreign investment also increased today with foreign traders net-buying US$16.4 million worth of stocks. That said, for the week, they
Korean food delivery service to exit Vietnam December 8
A couple of months ago Korea’s Baemin announced it would be scaling back its operations in Vietnam, today it has said it will leave the market altogether, VN Express is reporting. At the end of the day, it looks like the market was just too competitive and low value. Grab
Import tax hikes suggested to support local plastics business
Vietnam’s Ministry of Finance has knocked back a request from the Long Son Petrochemicals Complex, to increase import tariffs on several plastics products , The Investor is reporting. Why it matters: If it had been approved this would have gone against Vietnam’s general policy of removing barriers to trade. That
Northern Vietnam province looking for approval for casino project
Vietnam’s Quang Ninh province, home to world famous tourist attraction Ha Long Bay, wants to build a US$2.8 billion casino and resort for domestic tourists. Plans have been submitted to the Ministry of Planning and Investment which has asked the Prime Minister to approve the project ‘in-principal’, The Investor is
C.bank governor calls for greater supervision of banks
State Bank of Vietnam (SBV) governor, Hong Thi Nguyen, has advocated greater supervision of credit institutions to Vietnam’s National Assembly, The Investor is reporting. This comes just days after it was revealed a former director of the SBV had accepted a bribe of up to US$5.2 million to look the
In today’s Vietnam news: Vietnam Airlines trading restrictions removed, Insurance payouts VSS, Car sales June, 23+ years prison term recommended counterfeit supplements, Counterfeit shoes
In today’s Vietnam news: Government to inject cash into Agribank, IMF growth forecast raised, German industrial gas plant investment, VN garment maker Amazon legal
In today’s Vietnam news: Construction labour demand impacting garment industry, ADB growth forecasts, Bloomberg survey GDP growth expectations, Starlink orders open, Seafood industry call
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