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 news: Grab response proposed industrial action, Vingroup founder + wife LP Bank ownership, Mortgage rates under pressure, New chemical plant HCMC, Russia
In today’s news: HCMC data centre land lease, Russia-Vietnam strategic oil reserves chats, AI slop factory Hanoi, Government bond auction results, F&B industry revenue
In today’s news: Traveler data compromised, KOL summit party commitments, Vingroup ownership VinFast Australian arm, Vingroup loans guaranteed by VN banks, Keppel VN land
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