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Day: June 28, 2024

Porsche + Singapore EV charging solution provider to build charging network in Vietnam

the-shiv June 28, 2024

Notably, Vietnam’s EV charging network is mostly owned by VinFast, a subsidiary of Vietnamese conglomerate Vingroup. The firm has already developed more than 150,000 EV charging ports nationwide but currently restricts access exclusively to its own EV users. The participation of Charge+ in expanding the charging network for other electric vehicle brands in Vietnam could help reduce difficulties for Chinese EV producers entering the Vietnamese market…

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Vietnam News Roundup: June 21 to June 27

the-shiv June 28, 2024

This week’s Vietnam news roundup covers the latest in US dollar Forex spending, Vietnam’s position on the US currency manipulator watchlist, garment and textile manufacturing performance, isotopic testing challenges for Vietnam’s garment industry, Vietnam’s ratification of the UK’s ascension to the CPTPP, the latest foreign trader stock market investment numbers, and more…

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Vietnam stock Index could increase 35 percent before end 2024: Finnish investment fund

the-shiv June 28, 2024

It’s worth noting that a lot of Vietnamese firms are carrying a lot of debt and there is increasing pressure on the local currency that is only being kept at bay through issuing treasury bills and spending US dollar reserves which are being run down pretty quickly. The point being, that It wouldn’t take much for the State Bank to raise interest rates and if that were to happen it would likely do some pretty hefty damage to the VN-Index…

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Minimum Wage in Vietnam 2024: Your Questions Answered

the-shiv June 28, 2024

Update June 28: An increase to Vietnam’s minimum wage has been officially approved the Vietnam’s Central Executive Committee. The 6 percent increase will kick in from July 1, this year. The officially approved revised rates are: Vietnam minimum wage from July 1, 2024 (official) Current New (July 1, 2024) Region

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