The VN-Index has closed down 13.43 points or 1.19 percent to finish Wednesday at 1,114.20 points. Foreign traders continued to net-sell shedding another US$37.7 million worth of stocks. The most traded stocks among foreign traders were banks and telcos. Foreign investor trading activity on the HoSE, December 13 Buy Sell

Data: Vietnam’s imports by country, November 2023

the-shiv December 13, 2023

Vietnam recorded imports of just over US$29.5 billion in November of 2023 according to Vietnam’s General Department of Customs. It’s top five market for imports were China, Republic of Korea, Japan, Taiwan, and the United States of America which collectively accounted for just over two thirds of Vietnam’s imports. Vietnam

Data: Vietnam Exports by Country, November 2023

the-shiv December 13, 2023

Vietnam recorded exports of just over US$30.5 billion in November of 2023 according to Vietnam’s General Department of Customs. The United States of America continues to buy the most of Vietnam’s exports followed by China, Japan, and then the Republic of South Korea. Those four markets accounted for nearly two

Trading suspended in Vietnam’s APAX Holdings after move to HNX

the-shiv December 13, 2023

Apax Holdings, parent company of the Apax Leaders chain of English centres has seen its shares suspended on the Hanoi Stock Exchange (HNX) immediately after being listed, VN Express is reporting. The company was transferred to the exchange from the Ho Chi Minh Stock Exchange for disclosure violations. It has

Retail electronics price wars in Vietnam deterring foreign investors: FPT exec

the-shiv December 13, 2023

Electronics retailers are being driven to slash prices to keep up with their competitors and this is eating into profit margins which is deterring foreign investors, Ngo Quoc Bao, Senior Director of Corporate Customers and Customer Experience at FPT Retail has told Tuoi Tre. Of note, the article mentions that

Chinese electronics firm receives in-principal support for project in northern Vietnam

the-shiv December 13, 2023

China’s Perfect Light, a wafer technology firm, is looking to build a US$51.5 million project in Vietnam’s Hai Duong province, The Investor is reporting. The project would take up 9 hectares of Cong Hoa Industrial Park and employ an estimated 700 people when completed.

Singapore packaging firm to expand investment in southern Vietnam

the-shiv December 13, 2023

Singapore’s Tetra Pak is set to add another US$43 million to its investment in southern Vietnam’s Binh Duong province, The Investor is reporting. The investment brings the total value of its investment to US$173 million. The company currently manufactures a range of packing products in the country.

Singapore, Malaysia real estate firms launch US$241.1 million joint project in Vietnam

the-shiv December 13, 2023

Singapore’s CapitalLand and Malaysia’s United Overseas Australia are working together to develop a mixed-use real estate project with US$247.1 million in Vietnam, The Investor is reporting. No details are provided regarding where the project will be developed.