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May 16, 2024
MSCI Frontier Markets Index review see Vietnamese stocks shuffled
Vietnam’s stock market indexes have been in the news a lot lately as the country pushes for an upgrade from a frontier to an emerging market. There are, however, a number of obstacles still standing in the local bourse’s path before an upgrade can be made and, as a result, it may still yet be languishing in MSCI’s Frontier Markets Index for some time to come.
Vietnam tech-giant’s losses quadruple after audit
VNG’s Zalo currently has about 72.5 million user accounts and its success has put VNG in the government’s good graces. This may speak to reports last week that the Steam gaming platform had been banned in Vietnam at the request of local game producers.
State media laments struggling Vietnamese films days after censors ban ‘gloomy’ local film
This comes just days after it was reported that the locally produced film Viet and Nam, which is headed for the Cannes Film Festival, was banned from distribution by the Department of Cinema because of its ‘gloomy’ depiction of Vietnam.
State Bank sells US$400 million of forex reserves on Wednesday: ACB
Research from WiGroup last week estimated Vietnam’s reserves to be only about US$90 billion. That being the case, with the IMF recommending enough foreign currency on hand to cover three months worth of imports, and imports reaching just shy of US$30 billion in April, these reserves are dangerously low.
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
In today’s Vietnam news: SBV ready to intervene in Forex market, US firm approved for wind power site survey, SBV to push for lower
This is an interview with Hugo Bosch, host of Ho Chi Minh Securities’ Emerging Asia Podcast, about the impact the conflict in the Middle East is having on Vietnam’s stock market.
In this interview, Michael Kokalari discusses how escalating tensions in the Middle East and disruptions in global energy flows could impact Vietnam’s economy, markets, and investment outlook.
This is a short interview with Vicente Nguyen, Chief Investment Officer at Asia Frontier Capital, regarding the Middle East conflict and its impact on Vietnam’s economy.