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December 28, 2023
VN-index closes up, foreign traders net-buy US$18.27 million, December 28
The VN-index has closed Thursday at 1,128.93 up 6.94 points or .62 percent. Foreign traders have continued to buy back into the market, net-buying US$18.27 million worth of stocks. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 22/12 1,007 $41,525,760
Hanoi apartment prices jump on real estate market downturn
Apartment prices in Hanoi, in some instances, have doubled on the back of a slowdown in the construction and real estate sector, Doanh Nhan Vietnam is reporting. Key points: At the end of Q3 2023, 42 commercial housing projects had been finished accounting for about 15,966 properties; This was barely
Vietnam brokerage says VN-Index well position for more foreign investment
Tien Phong Securities (TPS) has said that the Ho Chi Minh City Stock Exchange (HoSE) is ‘in a good position to lure foreign investment’ in 2024 particularly relative to its regional peers, The Investor is reporting. TPS reached this conclusion based on: Low interest rates; A price to earnings ratio
Vietnam banks push consumer credit to reach credit growth targets
Banks in Vietnam are offering hefty discounts on consumer loans and credit cards to reach credit growth targets, VN Express is reporting. Key points As of December 13, credit increased by 9.87% compared to the end of 2022 (target is 14 percent); To try and hit their limits banks are
Shrimp farmers turn to rice on back of repeated losses, amid dumping investigation
Shrimp prices in Vietnam have been too low for too long and as a result shrimp farmers are growing rice instead, Tuoi Tre is reporting. Not in the article but of note, Vietnamese shrimp is currently under an antidumping investigation by the US Department of Commerce. US shrimp farmers are
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 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.
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.