December 11, 2023
VN-Index gains 1.06 points (0.09 percent) to close at 1,125.50, December 11
The VN-Index gained 1.06 points Monday to finished the day at 1,125.50 points. Foreign traders continues to net-sell pulling another US$17 million from the market, making the total withdrawn in the last five trading sessions to US$157 million. Most traded among foreign investors were all banking stocks today. Foreign investor
Starlink Vietnam: Possibility or Pipedream?
Earlier this year representatives of Elon Musk’s Starlink met with government officials to discuss launching Starlink in Vietnam. But whereas talks reportedly went well, seeing this ambition realised may be more complicated. The internet has played a key role in Vietnam’s economic development. It’s brought new ideas, greater access to
Singapore bank predicts Vietnam interest rates steady in 2024
Singapore’s United Overseas Bank (UOB) has said it believes the State Bank of Vietnam (SBV) will keep rates on hold next year to boost growth, Vietnam Plus is reporting. The UOB predicted back in September that rates would be cut before the end of this year, but this has not
Banking data breaches behind majority of financial fraud in Vietnam
A total of 15,900 cases of financial fraud have been reported this year with 91 percent related to data breaches at banks in Vietnam, VN Express is reporting. Why it matters: The recently passed Personal Data Protection Decree requires foreign firms to store the data of Vietnamese users in Vietnam.
TikTok investigation update reveals only four of nine conditions met
The results of an inspection into TikTok earlier this year by Vietnam’s Ministry of Communications (MIC) listed nine points that the company needed to address in order to be compliant with Vietnamese regulations but it has only complied with four so far, Saigon News is reporting. Those four are: strengthening
Vietnam Airlines to follow Vietjet and fly direct to Perth
Vietnam Airlines has announced it will fly direct to Perth, Australia, from Ho Chi Minh City three times a week, VN Express is reporting. The airline intends to extend the flight frequency to five flights a week by 2024. In September 2021, Vietnam’s Bamboo Airways began operating direct flights from
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
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