March 1, 2024
VN-Index up, foreign traders net-buy US$8.07 million, March 1
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
Starlink launch in Vietnam put on ice over foreign ownership limits
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
Vietnam manufacturing grows for second month in a row: S&P
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
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
In today’s news: Traveler data compromised, KOL summit party commitments, Vingroup ownership VinFast Australian arm, Vingroup loans guaranteed by VN banks, Keppel VN land
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