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December 19, 2023 news
Vietnam looking to import wind power from Laos on lower prices
Vietnam is considering importing wind power from Laos because it’s cheaper, Tuoi Tre is reporting. One project in Laos is offering electricity at 7 cents per kilowatt hour whereas wind power projects in Vietnam that were online before November 1, 2021 receive 9.8 cents per kilowatt hour per a renewable
Vietnam software firm enters US market with vehicle service centre
Vietnam’s FPT has invested in a US$100 million vehicle service centre in Texas, Nikkei Asia is reporting. Dubbed FPT Automotive, the firm intends to supply auto-software the likes of Honda, Ford, and homegrown Vinfast.
VN-Index up 4.42 (0.40 percent) to close at 1,096.30, December 19
The VN-Index has closed after making a slight gain, up 4.42 points or .40 percent to finish the day at 1,096.30. That said, foreign traders continued to exit the market. They net withdrew an additional US$19 million from the Ho Chi Minh Stock Exchange. Value of foreign trades on the