The VN-Index gained 8.71 points or .75 percent Thursday to close at 1,173.02 points. Foreign traders continued to buy back into the market, net-adding US$3.4 million to their portfolios. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 26/1 1,400 $57,353,520

U.S. official rejects suggestion Vietnam non-market economy review political

the-shiv February 1, 2024

U.S. Under Secretary of State Jose W. Fernandez has told a press briefing that politics will not be a factor in the Department of Commerce’s review of Vietnam’s status, The Investor is reporting. This is after a letter from several prominent US Senators, including former presidential hopefuls Elizabeth Warren and

Vietnam’s New Law on Land to make site clearance easier

the-shiv February 1, 2024

Vietnam’s new Law on Land, will remove land price brackets set by the state which should see land values increase, which should lead to less complaints from landowners when their land is acquired, which should make site clearance much easier, Luat Vietnam is reporting. In the past, the national government

Key Vietnam manufacturing index rises, sign of improving demand

the-shiv February 1, 2024

S&P Global Vietnam Manufacturing PMI hit 50.3 points in January suggesting a slight recovery for the sector–on the index 50 represents break-even with anything lower signalling a contraction and anything above signalling growth. Key takeaways The return to growth is only tentative with employment and purchasing fractionally lower and business