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Day: December 6, 2023

VN-Index up 10.46 points to close at 1,126.43, December 6

the-shiv December 6, 2023

The HoSE closed up 10.46 points or .94 percent Wednesday, finishing the day at 1,126.43 reversing yesterday’s fall. Foreign traders continued to net-sell pulling US$22.5 million from the market. Foreign trader activity on the HoSE, December 6 Buy Sell Change Date VND* US$ VND* US$ VND* US$ 30/11 1,184 $48,766,474

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Zing News is back online rebranded as Z News

the-shiv December 6, 2023

Popular news website Zing News is back online but has been rebranded Z News. The publication was forced to suspend operations for three months after it ran afoul of Vietnam’s censors. Specific details as to what it did wrong were not made public, however, there was some speculation that it

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Japanese firms enter affordable housing market in Vietnam

the-shiv December 6, 2023

Two Japanese firms, Cosmos Initia and Koterasu, have partnered-up with Vietnamese firm TTCapital Investment, to build affordable housing in Vietnam, Tuoi Tre is reporting. This is of interest in that the demand for affordable housing far outstrips demand for mid-level apartments, yet most development and investment has been focused on

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Vietnam coffee exports to fall on smaller crops, higher local demand

the-shiv December 6, 2023

Vietnamese farmers are cutting down coffee plants and growing durians and avocados instead, and this, alongside growing local demand for coffee, may see Vietnam’s coffee exports decline, according to Ha Nam, deputy chairman of the Vietnam Coffee Cocoa Association, Bloomberg is reporting. See also: Snapshot: Vietnam’s Coffee Industry, October 2023

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Vietnamese eager to sell goods immediately agreeing to sub-par trade terms

the-shiv December 6, 2023

Vietnamese firms are at ‘high risk of scams and disputes’ but lack the knowledge necessary to successfully engage commercial dispute resolution mechanisms, Vietnam News is reporting. The article references Vu Chien Thang, Trade Counsellor of Vietnam in Spain, who essentially says Vietnamese firms are being scammed because they are looking

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