June 14, 2024
Vietnam improves slightly in MSCI 2024 Global Market Accessibility Review
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 to be some ways away this latest report from MSCI does suggest it is moving in the right direction.
Vietnam ministry proposes 100 percent special consumption tax on alcohol
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.
Vietnam News Roundup: June 7 to June 13
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…
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
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