February 21, 2024
VN-Index down, foreign traders net-sell US$407K, February 21
The VN-Index closed down Wednesday but only marginally. The key Vietnam index lost just .02 points to finish the day at 1,230.04. The change for foreign-traders was also negligible, net-withdrawing from the market just US$407,000. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND*
Claims state power provider electricity bills up to three months late
The Ho Chi Minh City Customs Department is enforcing a decision to block the import and export of goods by the Trung Nam Group, over unpaid taxes, VN Express is reporting. Of particular interest in this article, however, is that Trung Nam Group has claimed the delay has been caused
World Gold Council finds fall in demand for gold in Vietnam in 2023
Gold demand in Vietnam fell by 6 percent year on year according to a World Gold Council report, the Vietnam Investment Review is reporting. Consumer gold demand went from 59.1 tonnes in 2022 to 55.5 tonnes in 2023. Note that Vietnam’s gold prices are generally much higher than in the
Vietnamese firms are keeping more cash on hand, what it might mean
Vietnamese firms are keeping more cash on hand because of ‘challenging business conditions and high deposit interest rates earlier this year’, Vietnam News is reporting. Interest rates are, however, have been pushing all-time lows–This article is confusing. That said, the data collected, at a glance, seems to confirm that a
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
Vietnam’s government forecasts a 40 percent surge in property-related revenue in 2027 despite weakening real estate transactions, raising questions about the sustainability of its
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It