December 4, 2023
VN-Index adds 18.33 (+1.66 percent) to close at 1,102.16, December 4
The VN-Index closed Monday 18 points or 1.66 percent up to finish at 1,102.16. Foreign trading data was not available at time of publication. To catch-up on what’s happening with Vietnam’s stock market see: Vietnam’s Stock Market, November 2023: Snapshot
Government procurement floated as means to grow Vietnam supporting industries
VN Express is carrying an article about Vietnam’s supporting industries, or lack thereof, amid booming exports. Of interest, is one particular solution put forward by Pham Chanh Truc, former head of the Saigon Hi-tech Park. “The government has to create a market by ordering goods from domestic businesses. After some
Vietnam PM courts UAE for support developing financial centre in HCMC
Prime Minister of Vietnam Pham Minh Chinh has asked the United Arab Emirates for support building an international financial centre in Ho Chi Minh City, VN Express is reporting. The article does not make clear what the UAE’s responded was, however, Vietnam’s key stock exchange in Ho Chi Minh City
Vietnam’s Just Energy Transition Partnership released at COP28
Vietnam revealed its Just Energy transition Partnership agreement on Friday at COP28, with the bulk of the funding to be provided in the form of loans for hydropower projects, Climate Home News is reporting. The agreement is mostly made up of loans as opposed to the grants that Vietnam wanted,
Vietnam’s coal mining culture lauded amid key energy-transition announcement
Coal mining is ‘a great part’ of Quang Ninh province’s cultural identity, Vietnam News reported Sunday just days after the government revealed its Just Energy Transition Partnership roadmap at COP28. A couple of points of note: One, it’s not clear if this was a conscious decision or simply circumstantial, but
Claims for unemployment benefits in HCMC fall in November
Only 13,300 people were registered to receive unemployment benefits in HCMC in November, a drop of nearly 25 percent from June, VN Express is reporting. The publication is saying that this is a sign that the wave of layoffs that have plagued the manufacturing sector may have slowed this year.
Vietnam’s Economy, November 2023: Snapshot
Vietnam started November with state media boasting that the country had overtaken South Korea to become the 6th biggest trading partner of the US by import value. This was, however, on closer inspection, old news with the jump actually taking place in 2022. That’s not to say this report was
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