The VN-Index slipped 7.55 points today, or .69 percent, to round out the first day of the trading week at 1,088.06 points. Whereas over US$486 million dollars worth of trades were carried out, foreign traders were responsible for just US$50.7 million worth. Top traded stocks among foreign investors were VP

Consumer loans on the decline in Vietnam, bad debt up

the-shiv November 27, 2023

Consumer loans declined to the six months ending June 30 compared to the end of 2022 by 10.2 percent whereas bad debt increased to 12.5 percent from 10.7 percent, Tuoi Tre is reporting. The publication says this is the most difficult period the market has faced in 15 years.

Vietnam-owned garment firms struggle against foreign counterparts

the-shiv November 27, 2023

VN Express is carrying a feature on the garment sector focused on the gap between the levels of success experienced by local firms versus foreign-invested enterprises. It carries a number of key points regarding the challenges the sector currently faces. These include: There is an overemphasis in Vietnam on new

Vietnam football club fails to pay staff, players for months

the-shiv November 27, 2023

The Ho Chi Minh City Football Club has failed to pay staff and players to the tune of US$1.23 million, VN Express is reporting. The publication is reporting that this sum is made up of salaries and bonuses and dates back as far as last year. Why it matters: This

Wolfoo-Peppa Pig intellectual property infringement saga continues

the-shiv November 27, 2023

The Vietnamese makers of the kids’ cartoon Wolfoo, Sconnect, which is being sued by the makers of Peppa Pig, eOne, for allegedly infringing its intellectual property rights, has complained to the Vietnamese authorities that additions to the lawsuit are outside of the scope of the lawsuit, Vietnam Net is reporting.

Consumer spending in Vietnam’s biggest export market set to slow

the-shiv November 27, 2023

Despite higher prices, consumer spending has remained high in the United States, however, this may be about the change, CNN is reporting. High housing costs, and huge levels of debt, along with COVID-era savings almost gone, are making it likely that US consumers will need to slow down spending-wise. Why