The HoSE closed Thursday at 1,094.13 points down 8.67 points or -0.79 percent from the day before. Foreign traders continued to net-sell to the tune of US$15.8 million. Aside from the regular faces among the top five traded stocks among foreign investors, Hoa Phat Steel, VP Bank, and Vinhomes were

Foreign-invested exporters leave Vietnamese firms in dust in 2023

the-shiv November 30, 2023

From January 1 to November 15 this year foreign invested enterprises recorded a trade surplus of US$43.49 billion whereas Vietnamese firms recorded a deficit of US$19.05 billion, The Investor is reporting. This speaks to Vietnam’s dependence on foreign firms in its export sector but also the vastly different operating environments

Head of ANZ Group meets with Deputy PM in Hanoi

the-shiv November 30, 2023

Shayne Elliott the Chief Executive Officer of ANZ Group met with Deputy Prime Minister Le Minh Khai in Hanoi this week, state media is reporting. The article goes on to outline what the Deputy PM asked of ANZ but fails to mention what ANZ asked of the Deputy PM. It

Outlook stable for Vietnam’s non-life insurance segment: AM Best

the-shiv November 30, 2023

Global credit rating agency focused on the insurance sector, AM Best, has said in a press release that the outlook for Vietnam’s non-life insurance sector is stable, despite a recent bancassurance scandal. It says that updates to the Insurance Business Law this year should strengthen risk management in the sector

3rd advertising violation in Vietnam earns intl. ad agency US$1,442 fine

the-shiv November 30, 2023

International advertising agency Group M has been fined US$1,442 for ads it ran on Youtube that contained content in breach of Vietnam’s cyber security law, VN Express is reporting. The article does not specify which ads or what the ads contained but does say they were for Procter & Gamble