April 25, 2024
Vingroup Chairman insists company will continue to support Vinfast
Vingroup Chairman Pham Nhat Vuong told Vingroups annual shareholders meeting that he will ‘never let go’ of Vinfast, VN Express is reporting. According to the article, Pham insisted that Vingroup and all of its subsidiaries would fall in line behind the electric car project. With Vinfast haemorrhaging money it is
This explanation for no feed-in tariffs on excess rooftop solar
There has been some debate as to whether or not rooftop solar projects should receive feed-in tariffs for excess power they feed to the grid. The Ministry of Industry and Trade is against it essentially arguing that if there are feed-in tariffs people will add rooftop solar in order to
Vinhomes CEO says firm will not financially support Vinfast
The fact that she is even being asked about it is very telling as to how local investors view Vinfast’s prospects even if the local media is firmly on Vinfast’s side. (Full article is in The Investor). Vingroup owns about 60 percent of Vinhomes, and the head of Vingroup has
Why the State Banks gold auction failed Monday
A gold auction of State Bank of Vietnam–SBV–gold reserves slated for Monday was cancelled and a gold auction that went ahead Tuesday had just two bidders, as a result of floor prices that were too high, VN Express is reporting. It also says that the minimum volume, of 1,400 taels
Standard Chartered cuts .7 percent from Vietnam growth outlook
Standard Chartered has said it expects Vietnam’s GDP growth to be around 6 percent in 2024 down from an earlier forecast of 6.7 percent, VN Express is reporting. Notably, the target of 6.7 percent was quite high relatively speaking–Vietnam’s National Assembly, which has a tendency to be overly optimistic, had
Vietnam IP Conviction ‘Minor Miracle’: Torrent Freak
The People’s Court of Hanoi has sentenced a man to 30 months in prison–suspended–and issued him a fine of US$4000, for online piracy, Torrent Freak has reported. The publication describes the outcome as a ‘minor miracle’ with convictions of intellectual property infringements in Vietnam unusual. This outcome was four years
In today’s Vietnam news: State to buy some commercial housing projects, Apartment ownership term limits, Bamboo Airways struggles, New vice chairman FLC aviation, Free
In today’s Vietnam news: Vietnam Airlines Q2 results, Stadium renamed, More details airport investigation, Overnight interest rates, Petrol price revisions, Domestic steel price increase,
In today’s Vietnam news: Fuel supply status, Critical minerals industry commentary, Sotheby’s opens HCMC office, US international school market entry, China response US customs
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