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Day: December 8, 2023

VN-Index up 2.85 (0.26 percent) to close at 1,124.44, December 8

the-shiv December 8, 2023

The VN-Index has finished the week in positive territory, up 2.85 points or .26 percent, to finish the day at 1,124.44. Foreign traders, however, continued to net-sell to the tune of another US$18.5 million bringing their combined total for the week to just over US$163 million. Notably, there are limits

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Taiwan firm starts work on machine factory north of Hanoi

the-shiv December 8, 2023

Taiwan’s Lioho Machine Works has started building a factory in Vinh Phuc north-west of Hanoi, The Investor is reporting. The project is reportedly worth US$75 million and is set to cover five hectares. When complete it will produce car parts, farm equipment, and pumps. 

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Vietnam PM calls on banks to be more flexible when issuing loans

the-shiv December 8, 2023

A quote has appeared on a government website attributed to Vietnam’s Prime Minister that reads “We do not lower lending standards, but can we be more flexible?” according to Bloomberg. This is in line with an approach from the government heavily weighted toward encouraging banks to lend more rather than

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