June 29, 2024
Vietnam Airlines pursuing loan payment deferral from National Assembly
Whereas there may be an argument to be made for supporting the national carrier in events outside of its control, in the current circumstances there should be some pause for thought. That said, the airline is a huge operation with lots of moving parts, lots of ancillary businesses that rely on its continued operation, and lots of employees that rely on the airline for their paycheck–it’s unlikely the National Assembly will deny the airlines’ request…
Vietnam consumers hold off on buying new cars waiting for cut in registration fees
For some context, registration fees can vary between provinces, however, the highest it can be, per Circular 229, is VND 20 million or about US$786. With a 50 percent discount that’s VND 10 million or about US$393. With a new car running at around VND 300 million to VND 500 million this reduction in registration fees is a drop in the bucket. In this context, one reading of this might be that correlation does not necessarily mean causation. It could also be, however, that the love for a good discount in Vietnam is not always entirely rational…
Taiwanese Apple supplier Wistron set to increase investment in Vietnam
Driven by the US-China trade war and political tensions, Taiwanese tech companies like Wistron have been diversifying out of China and increasing their investments in Southeast Asia, particularly Vietnam. Other major Taiwanese Apple suppliers like Foxconn and Pegatron, for example. There are a number of reasons for this…
In today’s Vietnam news: Fuel price changes, Removing export barriers to reduce trade deficit, Land valuation changes, Carbon market challenges, Adidas possible kit supplier
In today’s Vietnam news: ESL provider possible sale, Waste-to-energy project breaks ground, Driver shortages?, Drugs stores fined, Bad debts rising, Securities firm fined, Industrial
In today’s Vietnam news: Oil and gas stocks rally, Business closures HCMC, New SK bank enters market, Business dissolution reform, Google Pixel China to
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