December 21, 2023
Foreign trader pull US$22 million from local bourse, December 21
The VN-Index has finished the day up 1.67 points or .15 percent to close at 1,102.43. That said it was local buyers pushing up the index with foreign traders withdrawing another US$22 million from the Ho Chi Minh City Stock Exchange. Foreign trader activity, HoSE, December 21, value Buy Sell
Concerns raised in Vietnam over influx of Chinese FDI in supporting industries
China’s supporting industries are moving production to Vietnam to get around US tariff barriers. This is worrying local supporting industries according to Professor Phan Dang Tuat, Chairman of the Vietnam Supporting Industry Association and referenced by VN Express. He also says that high borrowing costs are also weighing on the
Vietnam’s shipping firms lament new environmental standards
Just 400 out of 1,500 Vietnamese flagged ships have been approved for Energy Efficiency Existing Ship Index (EEXI) ratings. This is problematic in that from January 1, 2024 the EU will charge ships that dock in a member state for the carbon emissions they produce, Vietnam News (state media) is
Vietnam to see minimum wage hike from July 2024
Vietnam’s National Wage council has approved a 6 percent pay raise for Vietnam’s minimum wage workers from July 1, 2024, VN Express is reporting. The Vietnam General Confederation of Labor had been pushing for between 6.48 percent and 7.3 percent whereas the Vietnam Chamber of Commerce and Industry, a peak
US imported US$1 billion in Christmas candles from Vietnam in 2022
The US imported US$1 billion worth of Christmas candles came from Vietnam, Freight Waves is reporting. That’s a lot.
Semiconductor suppliers in Vietnam largely isolated: Digitimes
Semiconductor supply chain participation in Vietnam is mostly in memory manufacturing, packaging, and testing in the north and IC backend and design in the south, with few, if any, supply chains connecting the two, Digitimes is reporting. It also suggests the power supply in the north may be a problem
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