January 2, 2024
VN-Index closes up, foreign traders net-sell US$14.9 million, January 2
The VN-Index has finished the first trading day of the new year up slightly. It gained 1.79 points or .16 percent in the day’s trade, closing at 1,131.72. Foreign traders, however, returned to net-selling US$14.6 million worth of Vietnam’s stocks. Trading history, foreign investors, last five trading days Buy Sell
Electricity in Vietnam still being sold below cost price
Electricity Vietnam (EVN) has said it expects to record a pre-tax loss of about US$698.6 million in 2023, VN Express is reporting. The size of this loss has been attributed to the state electricity provider continuing to sell electricity at below cost price. Key points It currently costs EVN 2,092.78
Vietnam stock exchange VN-Index finishes 2022 up 12 percent
Vietnam’s VN-Index, a basket of 30 stocks listed on the Ho Chi Minh Stock Exchange, finished 2023 up 12 percent over 2022, Tuoi Tre is reporting. It also says that total market capitalization hit US$246.6 billion. Note that though the index increased overall, foreign traders withdrew from the market to
Vietnam C.bank to increase gold supply on back of record prices
The State Bank of Vietnam intends to increase the gold supply after being directed by the Prime Minister to stabilise the gold price after it reached record highs last week, Tuoi Tre is reporting. Specifically, gold reached US$86.51 a gram in Vietnam about 20 percent higher than the world gold
Gov’t intervention may be needed to save Vietnam Airlines: KPMG
Financial services firm KPMG, which audited the half-yearly report of Vietnam Airlines, has said financial support from the government may be needed to keep the national carrier afloat, The Leader is reporting. It also notes that in the first half of the year the airline Had an after-tax loss of
Vietnam’s manufacturing sector business conditions continue to decline: S&P
S&P Global’s Purchasing Managers’ Index (PMI) recorded a decline in business conditions for the fourth month in a row in December, according to a press release from the firm. The well-known index recorded 48.9 points up from 47.3 in November. A score of 50 indicates no change, above 50 means
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