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Day: March 1, 2024

VN-Index up, foreign traders net-buy US$8.07 million, March 1

the-shiv March 1, 2024

Vietnam’s main stock market index, the VN-Index finished the last trading session of the week up 5.55 points or 0.44 percent, clocking out Friday at 1,258.28. Foreign traders net-bought back into the market to the tune of US$8.07 million after shedding almost US$15.7 million worth of stocks Thursday.  Foreign trader

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Starlink launch in Vietnam put on ice over foreign ownership limits

the-shiv March 1, 2024

Elon Musk’s SpaceX has put plans to launch its satellite service on hold in Vietnam due to Vietnam’s foreign ownership limits in the telecommunications industry, Reuters is reporting.  Foreign ownership in telecommunications services that include infrastructure are capped at 51 percent in Vietnam for most countries. Members of the Comprehensive

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Vietnam manufacturing grows for second month in a row: S&P

the-shiv March 1, 2024

S&P Global’s Purchasing Managers Index–or PMI–has recorded a second consecutive month of growth in February increasing from 50.3 in January to 50.4 in February. Anything above 50 is considered a signal the sector is growing less than 50 and it is shrinking. Key takeaways Business optimism reached a 12-month high–55

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