September 30, 2024
Vietnam real estate giant’s profit swings to loss after financial statement audit
Vietnam real estate giant Novaland has banked its worst half year on record after audited financial reports found huge discrepancies from what was earlier reported, The Investor has reported. Specifically, the company’s own financial statements reported a profit of VND 3.5 trillion or US$142.2 million, however, an audit found the company had actually made a loss of VND 7.3 trillion or US$296.6 million…
Vietnam-made tyres subject of South African anti–dumping investigation
This announcement is in line with a growing narrative around Chinese producers using third-countries, particularly in Southeast Asia to circumvent trade remedies. Of note, genuine Vietnamese producers and exporters often get caught up in these investigations. Whereas they can apply for separate antidumping rates, this still consumes time and resources that many local firms, on the back of broader economic challenges, may not have.
IMF-Vietnam consultation report forecasts GDP growth of 6.1 percent 2024
The International Monetary Fund has released its Vietnam: 2024 Article IV Consultation report which breaks down the performance of Vietnam’s economy over the last 12 months. Notably, it forecasts GDP growth for this year and 2025 of 6.1 percent. The 97 page report also includes a number of recommendations…
In today’s Vietnam news: Power supply imports, Hanoi boulevard project protests, Antidumping duties coming for boxes, Maersk container terminal project Hanoi, Vinpearl foreign investment,
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
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