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Day: May 14, 2024

Vietnam’s Rare Earth Partnership Contenders: Unpacked

Mark Barnes May 14, 2024

For a brief month or two last year, Vietnam’s rare earth reserves were a hot commodity (pun intended). This was on the back of a whirlwind visit to Hanoi by the President of the United States, Joseph Biden, during which he announced the US would support Vietnam with mapping its

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Samsung to increase investment in Vietnam

the-shiv May 14, 2024

Samsung has said it intends to invest an additional US$1 billion a year in its operations in Vietnam. This will add to the US$22.4 billion already invested in the country by Samsung.  The arrival of Samsung back in 2008 heralded a significant shift in the manufacturing sector with the South

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Vietnam’s second biggest real estate developer under investigation

the-shiv May 14, 2024

Vietnam’s Novaland, the country’s second biggest real estate developer, is currently being investigated by the Ho Chi Minh City Police department. The department has reportedly request documents pertaining to Aqua City, a real estate development in southern Vietnam’s Dong Nai province. As a result, Novalands share value plummeted by about

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Fact check: Do 21 percent of Vietnamese really own crypto?

the-shiv May 14, 2024

A report compiled by Triple-A, a Sinagpore based digital currencies payment provider, has suggested that 21.2 percent of Vietnamese own crypto currencies. This has been widely reported in the media both abroad and in Vietnam, however, this seems far fetched–about 44 percent of Vietnamese are unbanked and just 6 percent

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