Manufacturing & Industry
This category focuses on industrial production, from electronics and textiles to automotive and heavy industry. It covers FDI trends, supply chain developments, factory expansions, and government regulations shaping the industrial landscape. As a key driver of economic growth, manufacturing plays a crucial role in global supply chains, technological advancements, and industrial competitiveness.
VN-Index up, foreign investors net-buy US$5.6 million
The VN-Index has finished the week up gaining 15.27 points or 1.26 percent to finish the first day of the trading week at 1,224.97 points. Foreign traders net-bought into the market adding US$5.6 million in Ho Chi Minh City Stock Exchange Stocks to their portfolios. Trading history, foreign investors, last
Vietnam’s Economy, January 2024: Snapshot
The start of the new year, as it does most years, heralded an influx of data covering Vietnam’s economy in 2023. Imports and exports were a key focus with Vietnam registering a trade turnover of US$683 billion in 2023 a fall of 6.6 percent over 2022. Of particular interest, however,
Vietnam budget airline ordered not to interfere in recovery of repossessed jets
One of Vietnam’s biggest airlines, Vietjet, has been ordered by a UK court not to obstruct the repossession of several of its jets by the lessor FW Aviation, Reuters is reporting. This is part of an ongoing dispute between the carrier and lessor FW Aviation–a subsidiary of the UK’s FitzWalter
The Gold Price in Vietnam: Explained 2024
The gold price in Vietnam is more often than not much higher than it is in the rest of the world. In fact, in 2023, at its peak, it was around 20 percent higher owing to a number of factors including the limited supply, huge demand, and a regulatory environment
VN-Index up, foreign traders net-sell US$16.3 million, February 16
The VN-Index has finished the week up 7.2 points or .6 percent to close out the session at 1,209.70. Foreign traders continued to net-sell, exiting the market to the tune of US$16.3 million. This brings the total net-withdrawn over the last five trading sessions to US$44.3 million. Trading history, foreign
VN-Index up, foreign traders net-sell US$13.3 million, February 15
The VN-index started the lunar new year on a high note crossing the 1,200 point market to finish the first day of trading after the break at 1,202.50 points. This was representative of a rise of 3.97 points or .33 percent. Foreign traders, however, though active, were not quite as
VN-Index up, foreign traders net-sell US$328K, February 7
The VN-Index has finished the last trading day before the Lunar New Year break just a fraction off that psychologically important 1,200 points. Gaining 10.05 points or .85 percent the local index finished the day at 1,198.53. Foreign traders net-exited the market but only marginally with a net-withdrawal of US$327,534.
VN-Index up, foreign traders net-sell US$16.7 million, February 6
The VN-Index closed up 2.42 points or .2 percent Tuesday to finish the session at 1,188.48 edging ever closer to the elusive 1200 point mark. Foreign traders, however, were less optimistic, net-selling US$16.7 million worth of Ho Chi Minh Stock Exchange Stock. Trading history, foreign investors, last five trading days
Rising coffee prices see farmers refuse to fulfil orders: Reuters
Vietnam’s coffee farmers are refusing to fill orders looking to renegotiate their contracts in light of higher than expected coffee prices, Reuters is reporting. The publication goes on to say that what started as a local problem is now starting to impact the global coffee market. Incidentally, The Investor carried
Vietnam coffee brand abandons kiosks, opens coffee shops instead
Vietnam’s Phuc Long Coffee & Tea is set to expand its presences in Hanoi and Ho Chi Minh City in 2024 by up to 60 stores, World Coffee Portal is reporting. The company,a subsidiary of major Vietnam food and beverage conglomerate, Masan Group, is aiming to hit year-on-year sales growth
Vietnam ‘leading global exporter of piracy services’: IIPA
The International Intellectual Property Alliance, or IIPA, has made public its submission to the United States Trade Representative’s Special 301 Report, which addresses intellectual property infringements around the world, arguing Vietnam should be kept on the body’s watch list. The IIPA goes on to detail an unwillingness on the part
VN-index up, foreign traders net-buy US$2.3 million, January 5
The VN-Index has closed up Monday, gaining 13.52 points or 1.15 percent, to finish the day at 1,186.06 points. Foreign trader returned to net-buying adding US$2.3 million to their portfolios. This has brought the total net-bought by foreign investors over the last five sessions to US$7.4 million. Trading history, foreign
Calls for reform in Vietnam coffee industry as supplies dwindle
In an opinion piece in The Investor Phan Minh Thong, general director of Phuc Sinh Group, a local coffee exporter, argues that there needs to be greater fairness in Vietnam’s coffee industry. In particular, he suggests agreements with international buyers are often weighted to the advantage of the buyer but
Profits falling for Vietnam banks on rising credit risks
A total of nine banks out of 28 analysed by Zing News recorded profits in 2023 of less than VND 1,000 billion or about US$41 million. This was two more than in 2022 and may be indicative of broad challenges in the banking sector. There are similar trends among all
Struggling Vietnam garment maker starts selling asset to cover losses
Garmex Saigon, which once had 3,700 workers on its payroll, had just 35 staff at the end of 2023, has started selling assets to cover losses, Tuoi Tre is reporting. This is after failing to secure any new orders for the firm in the fourth quarter of last year. Other
VN-Index falls, foreign traders net-sell US$8.5 million, February 2
Vietnam’s key index lost .47 points or .04 percent Friday to close at 1,172.55. Foreign traders returned to net-selling, reducing their exposure by US$8.5 million. Next week should be pretty quiet for the Ho Chi Minh City Stock Exchange in the lead up to the Lunar New Year. Trading history,
US Geological Survey halves expected rare earths output from Vietnam
The US Geological Survey’s Mineral Commodity Summaries 2024 report has revised down Vietnam’s expected output of rare earths for 2023 from 1,200 to just 600 tons. This is out of reserves estimated to be as big as 22 million tons–the second largest in the world after China. Of note, Vietnam
Vietnam Report survey finds generally positive outlook for tourism in 2024
A survey conducted by Vietnam Report has found that 66.7 percent of tourism and hospitality businesses are expecting higher tourist numbers and profits, Vietnam News is reporting. Note that the methodology behind the report is not clear. This survey forms part of a broader write-up of the tourism industry which
Local media spin attempts to hide Vietnam Airlines ongoing losses
Vietnam’s domestic media is reporting that Vietnam Airlines recorded a profit from ‘transportation activities’ in the fourth quarter of 2023, neglecting to mention that on the whole the airline recorded a loss in Q4 of VND 2,065 or US$84.6 million. This angle on these latest figures has been expressed by
VN-Index rises, foreign traders net-buy US$3.4 million, February 1
The VN-Index gained 8.71 points or .75 percent Thursday to close at 1,173.02 points. Foreign traders continued to buy back into the market, net-adding US$3.4 million to their portfolios. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 26/1 1,400 $57,353,520
In today’s Vietnam news: GS TL on AI, Saigon Economic Times last issue, Fuel prices cut, Vinhomes issuing more bonds, Counterfeit Korean cosmetics store,
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,
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