February 27, 2024
Vietnam overnight interest rates nearly double overnight
Vietnam’s overnight interest rates went from 2.15 percent February 20 to 4.14 percent on February 21, Vietnam Plus is reporting. The publication says this is connected to a spike in lending in December, however, that was over a month and a half ago (see credit growth table for 2023 here:
Expansion of Vietnam’s tourist visa options under discussion
Vietnam’s Prime Minister has proposed visa waivers for foreign nationals from developed countries of between six to 12 months, VN Express is reporting. If enacted this would signify a huge shift in visa policy for one of Southeast Asia’s fast growing economies. A little background–Vietnam revised its immigration laws in
Vietnam agriculture firms grappling with increased logistics costs
Logistics costs are becoming an increasing challenge for Vietnam’s agricultural exports, Vietnamnet is reporting. The publication claims that 60 percent of logistics costs are transport-related and compares this to 30 percent ‘in other countries’ (no source provided). One of the key gripes in this article is that foreign transport firms,
This analysis of Vietnam’s ‘blazing furnace’ corruption crackdown
The Diplomat is carrying an article by Mai Truong, an Assistant Professor of Political Science at Marquette University in the USA in which she argues that the current corruption ‘crackdown’ in Vietnam may backfire. Truong argues that the ‘crackdown’: Could encourage citizens to become more political engaged; Could expose internal
In today’s news: Grab on stop-work, Proptech Nasdaq listing, Culture day public holiday, Semiconductor gov’t procurement plans, Vietravel airbus deal, Construction needs Hanoi Olympic
In today’s news: Grab response proposed industrial action, Vingroup founder + wife LP Bank ownership, Mortgage rates under pressure, New chemical plant HCMC, Russia
In today’s news: HCMC data centre land lease, Russia-Vietnam strategic oil reserves chats, AI slop factory Hanoi, Government bond auction results, F&B industry revenue
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