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Day: March 14, 2024

VN-Index falls, foreign traders net-sell US$36 million, March 14

the-shiv March 14, 2024

The VN-Index took a hit today, losing 6.25 points or .49 percent to close out the session at 1,264.26 points. Foreign traders continued a three-day streak of net-exiting the market, leaving the local bourse to the tune of almost US$36.9 million. Popular stocks today in terms of volume were securities,

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Securities regulator comments on Vietnam stock market upgrade progress

the-shiv March 14, 2024

Chairwoman of the State Securities Commission, Vu Thi Chan Phuong, has given an interview to Vietnam News regarding Vietnam’s quest for an upgrade of its stock market from frontier to emerging. Specific details are scant but she does note that the SSC is prioritising: Updating disclosure requirements to encourage firms

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VinFast exec claims will break even in 2025

the-shiv March 14, 2024

Despite losses totally more than US$2 billion in 2023, Vietnam’s homegrown automaker will break even in 2025, according VinFast President Le Thi Thu Thuy as reported by Zing News. This is a huge undertaking with sales overseas lacklustre at best–just a few thousand–and the vehicles sold in Vietnam mostly to

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Vietnam car sales fall 51 cent in February

the-shiv March 14, 2024

A total of 10,017 cars were sold in February down from 20,536 in February of last year, according to data from the Vietnam Automotive Manufacturers Association and reported by Just Auto.  This article says this was partly due to the Lunar New Year holiday. It also says that car sales

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