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Day: September 12, 2024

Vietnam News Roundup: September 6 to September 12

This week’s Vietnam news roundup covers trade remedies against Vietnamese steel tubes, import and export data for August, corporate bond issuances last month, as well as an update on registered FDI in Vietnam this year, and a planned beer company takeover, and more!

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Vietnam imports reach US$33.7 billion in August, down .4 percent vs July

Of note, Vietnam’s role in manufacturing supply chains is mostly in the final stages of assembly and packaging which is often performed using imported parts and components. The slight fall in imports month-on-month could therefore be indicative of a future decline in exports. That said, it is only data from one month–July’s imports were up 11.2 percent over June and one data point does not a pattern make. That said, it may still be worth keeping an eye on…

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Phu Nhuan Jewelry: Vietnam Stock Overview

Of note, Vietnam’s gold price exhibited a dramatic upward trend from the start of 2024, culminating in a peak of VND 92.2 million per tael or US$2,981.1 per troy ounce on May 11. This price represented a premium of approximately 20 percent compared to the global gold market at that time…

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