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Day: February 5, 2024

VN-index up, foreign traders net-buy US$2.3 million, January 5

the-shiv February 5, 2024

The VN-Index has closed up Monday, gaining 13.52 points or 1.15 percent, to finish the day at 1,186.06 points. Foreign trader returned to net-buying adding US$2.3 million to their portfolios. This has brought the total net-bought by foreign investors over the last five sessions to US$7.4 million. Trading history, foreign

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Calls for reform in Vietnam coffee industry as supplies dwindle

the-shiv February 5, 2024

In an opinion piece in The Investor Phan Minh Thong, general director of Phuc Sinh Group, a local coffee exporter, argues that there needs to be greater fairness in Vietnam’s coffee industry. In particular, he suggests agreements with international buyers are often weighted to the advantage of the buyer but

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Profits falling for Vietnam banks on rising credit risks

the-shiv February 5, 2024

A total of nine banks out of 28 analysed by Zing News recorded profits in 2023 of less than VND 1,000 billion or about US$41 million. This was two more than in 2022 and may be indicative of broad challenges in the banking sector. There are similar trends among all

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