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Day: January 11, 2024

VN-Index up, foreign traders net-buy US$6.2 million, January 11

the-shiv January 11, 2024

Vietnam’s VN-Index has closed up .68 points or .06 percent Thursday to finish the session at 1,162.22. Also of note foreign traders appeared to have marginally changed their tune, net-buying US$6.2 million worth of stocks on the Ho Chi Minh City Stock Exchange. Trading history, foreign investors, last five trading

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Hanoi considering building US$420 million horse racetrack

the-shiv January 11, 2024

The People’s Committee of Soc Son district on the outskirts of Hanoi (near the airport) is asking for opinions with respect to building a racetrack and entertainment complex in the area, Nha Dau Tu (the Vietnamese language version of The Investor) is reporting. The project would cover 125 hectares and

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Global Minimum Tax ‘not a risk’ for Vietnam FDI: Economist

the-shiv January 11, 2024

VinaCapital has released an Economist’s Note Looking Ahead at 2024, in which the firm’s Chief Economist, Michael Kokalari, says the introduction of the global minimum tax should have limited impact on Vietnam’s FDI inflows.  His key points are Vietnam will find away to work around it and rebate some of

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Vietnam online piracy raid sees three arrested

the-shiv January 11, 2024

Three men in Vietnam’s Quang Binh province have been arrested for pirated content they allegedly disseminated online, Torrent Freak is reporting. The allegations are related to three websites that reportedly brought in VND 80 to VND 100 million (US$3,300 to US$4,100) a month. How significant is this raid? Probably not

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