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December 22, 2023
VN-Index closes up, foreign traders net-sell US$20 million, December 22
The VN-Index has closed up .63 points or 0.06 percent to finish Friday at 1,103.06 points. Foreign traders, however, continue to be bearish on the market net-selling to the tune of US$20.8. This brought the total foreign funds pulled from the market this week to US$110.5 million Trading history, foreign
VN-Index up .63 (.06 percent) to close at 1,103.06, December 22
Headed into Christmas the Ho Chi Minh City Stock Exchange has finished the week slightly up, with the VN-Index closing the week at 1,103.06 points, up .63 points or .06 percent at the close.
Vietnam securities firms prohibited from paying interest on unused funds
Securities firms will no longer be permitted to pay traders interest on unused funds in their accounts from June 30 2024 the State Securities Commission has said, The Investor is reporting. The argument, according to this article, is that securities firms are essentially acting like banks but it doesn’t make
Ocean freight costs Vietnam to Europe shoot up amid Middle East tensions
Tensions in the Middle East that have led to a number of ships choosing to avoid the Red Sea and this is almost double the price of shipping from Vietnam to Europe, Sustainable Plastics is reporting. Prices for shipping 20 foot containers were in the hundreds of dollars just two
Red-tape may have killed planned K-pop festival in Hanoi
A number of K-pop bands have pulled out of a scheduled K-pop festival slated for this weekend in Hanoi after organisers failed to obtain the correct permits, Allkpop is reporting. With only a handful of bands left on the lineup there is a good chance the event will be cancelled
In today’s Vietnam news: South Korea – Vietnam leaders meeting, Vietjet COMAC lease agreement, EVN FiT eligibility problems proposed resolution, FDI firms fined over
In today’s Vietnam news: Vietnam-flagged LPG tanker passes Hormuz Strait, To Lam in China, Coffee concerns dry weather in VN, Coal mining output increase
In today’s Vietnam news: SBV ready to intervene in Forex market, US firm approved for wind power site survey, SBV to push for lower
This is an interview with Hugo Bosch, host of Ho Chi Minh Securities’ Emerging Asia Podcast, about the impact the conflict in the Middle East is having on Vietnam’s stock market.
In this interview, Michael Kokalari discusses how escalating tensions in the Middle East and disruptions in global energy flows could impact Vietnam’s economy, markets, and investment outlook.
This is a short interview with Vicente Nguyen, Chief Investment Officer at Asia Frontier Capital, regarding the Middle East conflict and its impact on Vietnam’s economy.