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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Chi Minh City Stock Exchange registered a net withdrawal by foreign investors of US$50.8 million, the bulk of which was withdrawn from Vinhomes–a total of VND 900 billion or US$35.4 million, Zing News has reported.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: Ready-to-drink tea market report, Rights groups EU action on Vietnam civic space crackdown, Taxi company buy 2,000 Vinfast cars, Vietnam
In today’s Vietnam news: South Korea – Vietnam leaders meeting, Vietjet COMAC lease agreement, EVN FiT eligibility problems proposed resolution, FDI firms fined over
In today’s Vietnam news: Vietnam-flagged LPG tanker passes Hormuz Strait, To Lam in China, Coffee concerns dry weather in VN, Coal mining output increase
This interview with Ngoc (Lily) Nguyen, the Vietnam Southern Region Sales Manager at HAP Commodities Consulting, covers how the Iran–Hormuz conflict is affecting the coffee
This is an interview with Hao Qiu, the Founder of Fair Farm Vietnam. It looks at how global factors, including Brazil’s crop outlook and Middle
This is an interview with Timen ter Meulen Swijtink, Managing Director, Collective Company (producer of LaCaph-branded coffee). It covers how the Middle East crisis is