August 7, 2024
Vietnam’s VinHomes jumps on buyback news but foreigners exit stock en masse
Foreign investors, however, followed their own path, using the increased local demand to net-dump 1,935,886 shares worth around US$72 million. This has further diminished foreign ownership in the firm–at the start of last year foreign investors held about 24.30 percent of Vinhomes shares, that number has since come down to just 15.08 percent. ..
Affordable Housing in Vietnam for Foreign Firms 2024
FDI can be a significant contributor to solving Vietnam’s affordable housing shortage, but it’s not a silver bullet. The development of affordable housing in Vietnam is hindered by a complex number of factors. Bureaucratic hurdles, land scarcity, and tightening credit conditions have created a challenging environment for both domestic and foreign developers, writes Huong Nguyen.
Vietnamese steel giant injects massive capital in new complex, despite China challenge
China’s steel industry has significantly impacted Vietnam’s steel market over the last year or so. The Chinese real estate crisis has led to a construction slowdown, leaving steel mills there with excess inventory. As a consequence, China has ramped up steel exports, particularly to Vietnam…
Vietnam to sell itself as filming location in US despite censorship issues
In the past, Hollywood studios have generally used Thailand as a stand-in for Vietnam on the back of a more well developed film industry in Thailand as well as complicated procedures for getting approval to film in Vietnam. Most recently, producers of the Netflix series The Sympathiser, who had intended to film in Vietnam, could not get approval to do so on the back of censorship issues…
Costa Rica recognises Vietnam as a market economy even if US doesn’t
Of note, trade between Vietnam and Costa Rica is relatively small. So far this year, the Central American nation has not featured in Vietnam’s customs data. That said, state media has been pushing the number of countries that consider Vietnam a market economy as a key reason why it should be upgraded by the US. With this in mind, it’s likely there will be many more announcements like this from smaller countries…
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
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
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