November 30, 2023
VN-Index -8.67 points (1,094.13) at close, November 30
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
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
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
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
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
In today’s news: Grab response proposed industrial action, Vingroup founder + wife LP Bank ownership, Mortgage rates under pressure, New chemical plant HCMC, Russia
In today’s news: HCMC data centre land lease, Russia-Vietnam strategic oil reserves chats, AI slop factory Hanoi, Government bond auction results, F&B industry revenue
In today’s news: Traveler data compromised, KOL summit party commitments, Vingroup ownership VinFast Australian arm, Vingroup loans guaranteed by VN banks, Keppel VN land
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