Vietnam’s key index lost .47 points or .04 percent Friday to close at 1,172.55. Foreign traders returned to net-selling, reducing their exposure by US$8.5 million. Next week should be pretty quiet for the Ho Chi Minh City Stock Exchange in the lead up to the Lunar New Year. Trading history,

US Geological Survey halves expected rare earths output from Vietnam

the-shiv February 2, 2024

The US Geological Survey’s Mineral Commodity Summaries 2024 report has revised down Vietnam’s expected output of rare earths for 2023 from 1,200 to just 600 tons. This is out of reserves estimated to be as big as 22 million tons–the second largest in the world after China. Of note, Vietnam

Vietnam Report survey finds generally positive outlook for tourism in 2024

the-shiv February 2, 2024

A survey conducted by Vietnam Report has found that 66.7 percent of tourism and hospitality businesses are expecting higher tourist numbers and profits, Vietnam News is reporting. Note that the methodology behind the report is not clear. This survey forms part of a broader write-up of the tourism industry which

Local media spin attempts to hide Vietnam Airlines ongoing losses

the-shiv February 2, 2024

Vietnam’s domestic media is reporting that Vietnam Airlines recorded a profit from ‘transportation activities’ in the fourth quarter of 2023, neglecting to mention that on the whole the airline recorded a loss in Q4 of VND 2,065 or US$84.6 million. This angle on these latest figures has been expressed by