May 9, 2024
Vietnam adds US$3.14 billion in foreign direct investment commitments in April
Vietnam pulled in an additional US$3.14 billion dollars worth of foreign direct investment commitments bringing its total for the year to US$9.27 billion. The manufacturing and processing sector was the stand out performer pulling in a whopping US$2.23 billion. In terms of the countries making the biggest investments in April,
Vietnam C.bank still struggling to make gold auctions work
Vietnam has held its second successful gold auction this year, however, the State Bank of Vietnam–theSBV–only managed to sell 3,400 SJC gold bars, Tuoi Tre is reporting. Of note, multiple gold auctions have been announced in the last few weeks but have been cancelled due to a lack of interest.
Vietnam’s non-market economy status has US hearing
The US Department of Commerce has held a hearing into Vietnam’s application to have its non-market economy status revoked, Reuters is reporting. Reuters notes that opponents of the change cited the volume of investment and input goods from China that are powering Vietnam’s growing export-orientated economy, suggesting Vietnam was being
Foreign investors in Vietnam undertake the biggest net withdrawal in a month
The Ho Chi Minh City Stock Exchange registered a net withdrawal by foreign investors of US$50.8 million, the bulk of which was withdrawn from Vinhomes–a total of VND 900 billion or US$35.4 million, Zing News has reported. Though not mentioned in the linked article, Vinhomes has been under the spotlight
In today’s Vietnam news: GS TL on AI, Saigon Economic Times last issue, Fuel prices cut, Vinhomes issuing more bonds, Counterfeit Korean cosmetics store,
In today’s Vietnam news: Power supply imports, Hanoi boulevard project protests, Antidumping duties coming for boxes, Maersk container terminal project Hanoi, Vinpearl foreign investment,
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
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