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March 6, 2024 news
VN-Index falls, foreign traders net-sell US$6.64 million, March 6
The VN-Index fell Wednesday losing 7.25 points or .57 percent to finish the day at 1,262.73. Foreign traders overall exited the market, net-selling stocks worth just over US$6.64 million, Foreign trader activity, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 29/2 2,532 $102,593,095 2,919
Unpacked: Vietnam’s Non-Market Economy Review
In 2021, it was announced that raw honey from Vietnam would be subjected to antidumping tariffs in the United States. Vietnam was not alone, Argentina, Brazil, and India were also subjected to similar orders. What was different for Vietnam, however, was how the US Department of Commerce–the DOC–carried out its
Vietnam’s Prime Minister requests greater aviation investment from Australia
The Prime Minister of Vietnam, in Australia for the Australia-ASEAN Special Summit has encouraged Australian Airlines to fly to Vietnam, VN Express is reporting. Furthermore, he urged investment funds and banks to invest ‘indirectly’ in Vietnamese airlines. Foreign ownership of airlines in Vietnam is capped at 34 percent and therefore
Australian firm to lend Vietnam refinery US$720 million for upgrade
S&P Global is reporting that Australia’s Acuity Funding is set to lend US$720 million to Nam Song Hau Oil and Gas Investment Trading, for an upgrade. Of note, this is the second big announcement of funding in Vietnam-based projects from Acuity Funding in the last six months. In September it