March 12, 2024

Vietnam C.bank starts issuing T-bills to reduce pressure on dong

The State Bank of Vietnam issued VND 14.999 trillion or US$609 million yesterday in a  renewed attempt to halt the devaluation of the local currency, The Investor is reporting. Key takeaways: Overnight loans account for 90 percent of transactions and were attracting an interest rate of 1.17 percent on March

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Vietnam’s Stock Market Upgrade Opportunity: Unpacked

Over the course of 2023, foreign investors exited their positions in the Ho Chi Minh City Stock Exchange–or the HoSE–to the tune of more than US$1 billion.  This mass exodus could have been for any number of reasons: demand in key export markets was faltering, several financial crimes had been

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This opinion piece in support of redesignating Vietnam a market economy

John Borton, a non-resident senior fellow at Johns Hopkins/SAIS Foreign Policy Institute, has written an opinion piece for the Geopolitical Monitor in which he argues for making Vietnam a market economy. Borton argues that: There would be bilateral benefits in market access and export opportunities; Other countries have already done

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The data in this article about Vietnam’s electric vehicle market

Cleantechnica is running an article about Vietnam’s electric vehicle market in which they use data from the International Trade Association that suggests that the car ownership rate in Vietnam will reach 30 percent by 2030 up from 5.7 percent in 2020.  The original report also says that rate will be

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