July 26, 2024
Vietnam credit growth reaches 6 percent to June
Of note, last year, credit growth limits languished for the better part of the year. In October, however, when it became clear that the same 14 percent credit growth target would not be hit, Vietnam’s banks embarked on some very aggressive marketing campaigns. Rising bad debts in the first six months of this year, however, could suggest there were some quality issues with these loans.
Vietnam’s HCMC feels affordable housing crunch on high land, construction costs
Notably, from 2018 to the third quarter of 2023, the land price for sale in the South and the North increased by 71 percent and 54 percent, respectively. On average, in urban areas, land costs account for about 10 percent of the cost of apartments and 20 to 30 percent of the cost of townhouses…
US logistics, supply chain management firm opens Vietnam office
Of note, in 2023 Vietnam’s transportation and storage sector surpassed VND 502.56 trillion or US$19.807 billion, constituting 4.92 percent of the country’s total GDP. This could represent broad opportunities for foreign firms, however, foreign ownership limits in logistics services can be very restrictive. For example, foreign firms are prohibited from owning more than 34 percent of an airline…
In today’s news: Gym closures, Credit limit exemption proposal, Hanoi public transport EV financing, US$ gov’t bond issuance sought, Australia suspends VN pomelo imports,
In today’s news: SCommerce liabilities jump, Former GSM CEO new EV bike firm, Novaland guarantor, Fake news fines over Grab driver strike news, Tesla
In today’s news: Grab on stop-work, Proptech Nasdaq listing, Culture day public holiday, Semiconductor gov’t procurement plans, Vietravel airbus deal, Construction needs Hanoi Olympic
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