A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to subscribe.
Vietnam and the Middle Income Trap: Unpacked
Vietnam’s 8 Percent GDP Growth Target: Unpacked
Buy More, Sell Less: Tackling Vietnam’s Trade Surplus with the US
Is Vietnam the Next Asian Tiger Economy?
What Recent Traffic Reforms Say About Doing Business in Vietnam
Building An International Financial Centre in Vietnam: Unpacked
Vietnam’s Economy in 2024: A Brief Recap
What to Watch Now Google Has An Office in Vietnam
Does Vietnam Have a Private Consumption Problem Too?
The 8th Session of Vietnam’s National Assembly: Key Takeaways
Rethinking Financing Vietnam’s Clean Energy Transition
Vietnam’s New Social Media ID Regulations: Unpacked
How Well Prepared Is Vietnam for a Trump Presidency?
Temu in Vietnam: What’s Fair in Free Trade?
Media Relations in Vietnam: Lessons from VinFast
It’s Time to Talk About Vietnam’s Credit Growth Policy…
Vietnam’s Economy in Q3 Beyond GDP Growth: Unpacked
Paying For Vietnam’s High-Speed Rail: Unpacked
Should Vietnam Be Worried About Indonesia Joining the CPTPP?
Day: December 27, 2023
VN-Index closes down, foreign traders net-buy US$4.7 million, December 27
The VN-Index has closed down .26 points or .02 percent to finish the day at 1,121.99. There was, however, a welcome 360 by foreign traders who net-bought into the market to the tune of US$4.7 million. This was after 20 consecutive trading sessions in which the net-sold a total of
Vietnam issues draft decree re: global minimum tax support fund
Vietnam’s Ministry of Planning and Investment has released a draft decree outlining the establishment of a support fund to compensate foreign firms subjected to the Global Minimum Tax initiative, The Investor is reporting. Key points The fund will support businesses making high-tech goods or applying advanced technology in their operations
Lack of liquidity on HoSE turning-off investors: State media
A low level of liquidity on the Ho Chi Minh City Stock Exchange (HoSE) is making investors “increasingly concerned and hesitant in making investment decisions”, Vietnam News is reporting. Key points; Average total value of trades made in a day is at VND 13 trillion (US$533 million); This is down
Vietnam expecting bad debt surge mid-2024 on change to debt-restructuring regs
Vietnam’s banks are expecting a surge of bad debts when a moratorium on outstanding debt comes to an end in June of next year, Vietnam News is reporting. Key points: Bad debt at the end of Q3 2023 was 196.75 trillion (US$81 billion) up 61 per cent compared to Q2;
Vietnam PM laments foreign content dominating local film, television
The Prime Minister of Vietnam, Pham Minh Chinh, told a conference last week it was ‘gut-wrenching seeing foreign films on TV every time I turn it on’, VN Express is reporting. The PM said 70 percent of films on TV and at the movies are foreign (no primary source cited);
Vietnam tourism sector hits targets, but still trailing regional peers
Vietnam has received 12.5 million international tourists this year, reaching a target set by the government at the start of the year, but well below pre-COVID levels, VN Express is reporting. Key points The tourism sector recorded revenue of VND 672 trillion (US$27.6 billion); The sector has recovered to 44
Draft decree on Vietnam rooftop solar removes feed-in-tariffs altogether
A dossier proposing a decree on rooftop solar power development, put forward by Vietnam’s Ministry of Industry and Trade, has suggested removing feed-in-tariffs for excess power fed into the national grid, Vietnam Net is reporting. Key points: MoIT says this is because there is no legal framework for selling excess