December 1, 2023
VN-Index up 8.03 ( +0.73 percent) to close at 1,102.16, December 1
The VN-Index has finished the day up 8.03 points or .73 percent to close out the week at 1,102.16 points. Foreign traders continued to net-sell today, withdrawing an additional US$12.7 million from the market. For the week on the whole, traders net sold US$29 million. Banking and real estate stocks
Thai firm to build industrial park in central Vietnam
Thailand’s WHA Industrial Development has been approved to build a US$55 million 178.51 hectare industrial park in central Vietnam’s Than Hoa province, The Investor is reporting. This will be WHA’s second industrial park in Vietnam. The first is located in Nghe An, next door to Thanh Hoa.
Japanese home-furnishing retailer to set-up shop in southern Vietnam
Nitori, a home-furnishings retailer from Japan is set to open its first in Vietnam’s Binh Duong province, in winter of this year, Japan Today is reporting. Vietnam has become popular among Japanese retailers keen to tap into Vietnam’s rapidly expanding middle-class. Other big Japanese retailers with a presence in Vietnam
State Bank of Vietnam adjusts credit growth limits up
The State Bank of Vietnam (SBV) will increase the credit growth limits of banks that reach 80 percent of their current cap, Vietnam News is reporting. Credit growth this year has reached just 8.21 percent well below the 14.5 percent target for the year. The argument for the increase for
Vietnam’s manufacturing sector continues to contract as new orders fall
The S&P Global Vietnam Manufacturing Purchasing Managers’ Index has hit a five-month low of 47.3 this month down from 49.6 in October. Anything below 50 is considered a contraction. S&P Global’s press release notes that there has been: A scaling back of production, An uptick in cost pressures, Resistance from
In today’s Vietnam news: Fund outflows May, New HCMC airport trial operations to begin September, M&A HCMC 2026, Compensation for gas-to-electric bike switch Hanoi,
In today’s Vietnam news: Vietnam gene company planned Hong Kong IPO, Samsung signs DPPA, Oil delivery from Iraq, Bio-fuel mandate roll-out reaction, Stock market
In today’s Vietnam news: Third USTR 301 investigation, Commentary USTR “priority” IP designation, Arbitration rules upgrade, Living costs for younger workers, Shopee delays fee
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