June 6, 2024
Swiss high-end watchmaker opens outlet in Vietnam’s Ho Chi Minh City
The number of ultra-high-net-worth individuals–persons with a net worth greater than US$30 million–has grown exponentially in recent years. According to Frank Knight’s Wealth Report 2024 estimates, Vietnam had 752 of these uber-rich at the end of 2023 and that number is expected to grow to 978 by 2028…
Waterpark developer stocks hit ceiling twice after buy order from BOD chairman
HVC started out making electrical equipment and air ducts but has since branched out into experiential entertainment development like skate rings and waterparks. Of note, the firm recorded its lowest annual revenue for the past four years in 2023, just US$9.9 million with a gross profit of about $1.7 million.
Vietnam will not export rare earths to encourage local industry development
With the huge demand for rare earth minerals and the ongoing geopolitical tensions between the world’s biggest rare earths producer, China, and the world’s biggest rare earths consumers the US, Vietnam has the attention of rare earth miners and processors the world over. A clear direction forward, however, is still somewhat elusive but there has been a lot of movement in the industry over the last twelve months.
Vietnam university applies height restrictions to business management courses
Of note, local businesses have been struggling to keep up with their foreign counterparts for some time. The share of Vietnam’s exports belonging to foreign invested enterprises, for example, is around 70 percent. This revelation from the School of Management and Business may shed some light on why that is.
In today’s news: SBV raises loan-to-deposit cap, Fuel tax cut extension, Denmark jewellery factory opens, Taiwan cooling system manufacturer expansion, SK firm gas power
In today’s news: HNX stocks to transfer to HSX, Exit block VN-Aus. re: tax, MWG employee embezzlement, US-VN patrol boat contract awarded, SK carpet
In today’s news: Long Thanh passenger fees, Violent short film producers fined, Innovation index improvement, Hanoi pilotless aircraft sandbox under consideration, Power project Japan
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