October 24, 2024
US DOC make final determination on frozen warmwater shrimp from Vietnam, others
The DOC’s preliminary determination for Vietnam, notes that ‘one or more respondents did not act to the best of their ability to respond to Commerce’s requests for information’. There being only two firms investigated from Vietnam, and given that the second Soc Trang Seafood Joint Stock Company, the other firm, received its own subsidy rate of 2.84 percent, it appears that the aforementioned statement explains Thong Thuan’s much higher subsidy rate…
Vietnam bank lending out pacing deposits creating ‘significant’ liquidity pressure
The Founder of Integrated Financial Solutions, banking consultant Le Hoai An, has told the Vietnam Investment Review that bank lending outstripping new deposits by about 3.7 percent is putting liquidity pressure on Vietnam’s banks. He also notes that a fall in business bank deposits suggests businesses are becoming more heavily reliant on capital from banks…
Vietnam’s steel exports fall 20.64 percent September over August
Vietnam’s steel exports fell 20.64 percent in value in September over August, according to data from Vietnam’s General Department of Customs. By the ton, they were also down 20.76 percent…
IMF Vietnam GDP growth forecast goes up for 2024 but down for 2025
The International Monetary Fund, in its October World Economic Outlook, has raised its growth forecast for Vietnam for this year to 6.1 percent up from 5.8 percent in its April report. It has, however, lowered its forecast for next year from 6.5 to 6.1 percent…
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
Vietnam’s government forecasts a 40 percent surge in property-related revenue in 2027 despite weakening real estate transactions, raising questions about the sustainability of its
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