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Day: June 14, 2024

Vietnam improves slightly in MSCI 2024 Global Market Accessibility Review

the-shiv June 14, 2024

Of the 18 criteria listed, on six Vietnam had no issues, on four it had no major problems but could use some improvement, but for the remaining eight it was marked as needing improvement. Vietnam has been actively courting an upgrade to its market classification from FTSE Russell and MSCI. Though it still looks ot be some ways away this latest report from MSCI does suggest it is moving in the right direction.

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Vietnam ministry proposes 100 percent special consumption tax on alcohol

the-shiv June 14, 2024

Of note, major beer makers in Vietnam, including the makers of the popular Beer Saigon and Beer Hanoi brands reported falling profits in 2023. A crackdown on drink-driving has partially been blamed alongside the pending increase in taxes on alcoholic beverages–though nothing has been confirmed and its not clear how a future tax increase might have influenced last years sales.

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Vietnam News Roundup: June 7 to June 13

the-shiv June 14, 2024

This week’s Vietnam news roundup covers foreigner ownership changes at local banks, reports Vietnam might start importing more gold this year, the 8 million trading accounts reportedly opened with the local bourse, labour shortages for one New Balance and Adidas supplier, and more…

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