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Day: April 10, 2024

Vietnam gold stores are running out of gold

the-shiv April 10, 2024

Gold stores have been applying limits to how much gold a single customer can buy on the back of higher processes and lower supplies–some have even run out of gold entirely, according to VN Express. The arrest of a local gold smuggler made national news last week which was likely

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Vietnam construction material makers stills struggling to find buyers

the-shiv April 10, 2024

A number of construction materials firms reported losses last year and are now asking for government support, specifically more large scale infrastructure projects, Doanh Nhan Vietnam is reporting. This is not a good sign for the real estate industry in that construction firms, presumably in the know, are not banking

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Vietnam consumer finance firms record broad business downturn

the-shiv April 10, 2024

The consumer finance market in Vietnam has taken a dive with most of the big players recording losses or sharp falls in profits in 2023, Doanh Nhan Vietnam is reporting. Outstanding debt to the sector, according to Nguyen Quoc Hung, General Secretary of the Vietnam Banking Association, is down VND

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Business confidence in Vietnam improves in Q1 2024: Eurocham

the-shiv April 10, 2024

Eurocham and Decision Lab have released their quarterly business climate index for Q1 which has found a slight increase in business confidence. The index recorded a score of 52.8 up from 46.3  but still well below the all-time high of 86 recorded in 2016. Of note, new in this report

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