The results of this report come as a blow to Vietnam’s green credentials which have become increasingly important for foreign firms establishing themselves in the country. These results, however, should not come as a surprise with the International Energy Association noting earlier this year that Vietnam was on track to become the world’s fifth-biggest coal importer…

Gelex Electric: Vietnam Stock Overview

Huong Nguyen August 28, 2024

Of note, in August 2024, 300 million shares in Gelex Electric were officially listed on the Ho Chi Minh Stock Exchange under the ticker GEE. Previously, the stock had been traded on the Unlisted Public Company Market…

Vietnam’s VinPearl issues new US dollar bonds in Singapore at 9.25 percent

the-shiv August 28, 2024

Vinpearl is a prominent tourism and entertainment conglomerate in Vietnam. Its well-known for its resorts, amusement parks, and cable cars. The company is also a part of Vietnam’s biggest conglomerate, VinGroup. Over the last few years, Vingroup has been struggling to develop its electric car arm, VinFast. The subsidiary reportedly lost US$2.4 billion last year with heavy losses continuing into 2024.

South Korean Choco-pie maker expecting Vietnam dividend over US$78 million

the-shiv August 28, 2024

Vietnam’s food and beverage industry has experienced remarkable growth in recent years, driven by a combination of factors including rapid urbanisation, rising disposable incomes, and a burgeoning middle class. This has seen a big uptick in snack food consumption. On average, Vietnamese consume 5.2 kilograms of snack foods per person, slightly higher than the global average of five kilograms…