April 16, 2024
Relationship between foreign, Vietnam firms akin to boxing match: Economist
It’s unusual to have commentary in the local media whereby a Vietnamese expert tells it straight up. This article in The Leader, however, covers comments by Associate Professor, Tran Dinh Thien, former Director of the Vietnam Institute of Economics, where he does just that. Specifically, he points out that local
Mixed feelings on Vietnam applying trade remedies on Chinese steel imports
Vietnam’s Hoa Phat Steel is pushing for an anti-dumping investigation into steel imports from China arguing that they are taking up too much of the market and citing the US restrictions on steel imports on the grounds of national security, The Investor is reporting. Hoa Phat is also being supported
HCMC gold stores take holidays amid pending inspection of operations
A number of gold stores in Ho Chi Minh City have announced long holiday closures just after it was announced that the HCMC General Department of Market Management would be auditing the operations of gold stores in the city, Tuoi Tre is reporting. The publication says the city intends to
State Bank of Vietnam to start auctioning gold
The State Bank of Vietnam intends to undertake a series of gold auctions in an attempt to bring down the price of gold, Tuoi Tre is reporting. The gold price in Vietnam is currently trading at a 13 percent premium to the world gold price. This will be the first
Vietnam’s VN-Index drops 60 points in a day, biggest one-day fall in two years
Vietnam’s VN-Index took a dive on Monday losing 4.7 percent wiping about US$10 billion from its market capitalization, according to Doanh Nhan Vietnam. As far as analysis goes, Tuoi Tre is carrying comments from Tran Hoang Son, the strategy director at VPBank Securities Market. He cites geopolitical tensions that have
Vietnam’s Real Estate Market Recovery 2024: Unpacked
At the beginning of last year, construction work on buildings in Vietnam was slowly winding down as the real estate industry ground to a halt. Hard hats were hung up and cranes ten stories high fell dormant leaving the cement shells of unfinished residential towers standing dark and empty–cold reminders
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
Vietnam’s government forecasts a 40 percent surge in property-related revenue in 2027 despite weakening real estate transactions, raising questions about the sustainability of its
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It