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June 18, 2025
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Day: December 14, 2023
VN-Index down 4.07 (0.37 percent) to close at 1,110.13, December 14
the-shiv December 14, 2023 9:32 pm
The VN-Index has finished Thursday in the red, down 4.07 points or 0.37 percent, to close at 1,110.13. Foreign investors continued their sell-off ith US$14 million net-pulled from the market bringing the total for the last five trading sessions to just over US$101 million. Foreign investor trading activity on the
‘Delist likely’ for Vietnam Airlines after 2022 annual report released: Ch-Aviation
the-shiv December 14, 2023 4:00 pm
Well overdue, Vietnam Airlines has finally released its audited annual report for 2022 recording a loss for the year of US$460 million, with airline intelligence firm CH-Aviation suggesting delisting is now ‘likely’. Of note, the embattled airline is in negative equity and has reported three years of losses. Trading in
Vietnam car sales down 15 percent in November year-on-year
the-shiv December 14, 2023 2:51 pm
There were only 26,439 new car sales in Vietnam in November representing a drop of 15 percent compared to November last year, Just Auto is reporting, referencing data from the Vietnam Automotive Manufacturers Association (VAMA). Just 240,027 were sold in the first 11 months of this year, down from 327,760
ADB cuts Vietnam growth forecast
the-shiv December 14, 2023 2:26 pm
The Asian Development Bank (ADB) has cut its growth forecast from 5.8 to 5.2 percent, VN Express is reporting. Data is from the Asian Development Bank Outlook December 2023. Key reasons for the downgrade listed include: falling external demand; weak budget execution, particularly at the provincial level; and and a
Vietnam facing shortage of staff to register new cars pre-Tet
the-shiv December 14, 2023 2:13 pm
Allegations of corruption against a number of individuals involved in the registration of motor vehicles and their subsequent suspension from work pending trial, has led to a shortage of staff for new registrations, Saigon News is reporting. Of note, 958 registrars are being prosecuted and 800 others have quit their
Vietnam draft solar decree no feed-in-tariffs sends ‘negative signal’
the-shiv December 14, 2023 2:05 pm
A draft decree from Vietnam’s Ministry of Industry and Trade addressing rooftop solar says excess electricity can be fed into the grid but will not be paid for, has been met with some concerns, PV Magazine is reporting. The publication quotes solar analyst, Moritz Stitcher as saying “it sends another
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