A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to subscribe.
Day: March 14, 2024
VN-Index falls, foreign traders net-sell US$36 million, March 14
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,
Securities regulator comments on Vietnam stock market upgrade progress
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
VinFast exec claims will break even in 2025
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
VN Express reader’s letter ticks right boxes: borrow money, buy real estate
VN Express is running a letter from a reader known only by their first name, Van, in which Van says taking out a loan to buy a house in Hanoi’s Old Quarter was one of their best decisions. Van essentially says that the appreciation in the value of the property
United Overseas Bank predicts Vietnam GDP growth of 5.5 percent in Q1
This is an increase over the 3.3 percent Vietnam saw in the first quarter of last year, VN Express is reporting. The bank predicts 6 percent credit growth for the year. Of note in this article: According to one quote GDP growth will be linked to the recovery of the
Vietnam car sales fall 51 cent in February
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
Q2 2025