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Day: January 8, 2024

VN-Index up, foreign traders net-sell US$10.2 million, January 8

the-shiv January 8, 2024

The VN-Index has finished the first day of the trading week up 5.51 points or 0.48 percent to close at 1,160.19. Whereas its steady climb upward has been welcomed locally, foreign traders have continued to net-sell out of the market to the tune of US$10.2 million. Trading history, foreign investors,

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Vietnam banks expected to lend US$82 billion this year

the-shiv January 8, 2024

With a credit growth limit of 15 percent in place for 2024, Vietnam’s Banks are expected to issue loans to the tune of US$82 billion this year, VN Express is reporting. The publication also notes that credit growth for 2023 reached 13.71 percent in 2023. Food for thought: Credit growth

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Vietnam bond market bounces back after reforms delayed

the-shiv January 8, 2024

Vietnam’s bond market has bounced back after regulatory reforms, instituted after broad ranging bond fraud was revealed last year, were rolled back, Tuoi Tre is reporting. Of particular note, this article credits delayed regulations on compulsory credit ratings as chief among the reasons that the market was revived. Also of

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Vietnam outbound foreign direct investment tops US$421 million

the-shiv January 8, 2024

This was a drop of 21.2 percent over 2022, according to the General Office of Statistics and reported by Vietnam Plus. Key takeaways Vietnam invested US$156.9 million in projects in the wholesale and retail, and repair of cars, motorcycles, motorbikes and motor vehicles; A further US$120.6 million in information and

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