May 18, 2024
Vietnam corporate bond issuances up 29.1 percent in April
This is another positive sign for corporate bond issuances after a slow start to the year–there were just VND 5.96 trillion or US$242 million of corporate bonds issued in the first two months of 2024.
Minimum wage hike of 6 percent submitted to Vietnam government for approval
This will be welcome news for Vietnam’s minimum wage workers with no minimum wage hike last year despite inflation floating around 4 percent. The Vietnam General Confederation of Labor had been pushing for between 6.48 percent and 7.3 percent with the Vietnam Chamber of Commerce and Industry, a peak business representative body, pushing for between 4.5 and 5 percent. Vietnam’s National Wage Council, which makes recommendations to the ministry, looks to have essentially split the difference.
Billions of foreign aid lost in delays caused by politcal uncertainty in Vietnam
Of note, these delays in project approvals seem to be mostly in infrastructure projects and aid programs. New projects in the manufacturing and processing industry have continued to move forward without any more delays than is typical–critical to Vietnam’s economic development, investigating corruption in the industry could discourage further foreign direct investment.
Airlines are making just US$1 per passenger: Vietnam Airlines exec.
The rising price of airfares in Vietnam has been in the news a lot lately. A review of airline ticket prices by the Vietnam Aviation Administration, however, after conducting a brief investigation, earlier this year, found that airfares prices have been within the current guidelines–in Vietnam airfares are regulated by the government.
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