vietnam
The Vietnam category covers economic developments, investment trends, and policy updates specific to the country. It explores market opportunities, trade relations, industry growth, and government initiatives, providing insights into Vietnam’s role in global supply chains, emerging sectors, and foreign business expansion.
Foreign firms buy up Vietnam insurance businesses in wake of market turmoil
South Korea’s DB Insurance last month bought stakes in Vietnam National Aviation Insurance JSC (VNI) and Saigon – Hanoi Insurance (BSH) equivalent to about 75 percent of each of the firms’ listed shares, Vietnam News is reporting. It also points out that Finland’s Pyn Elite, through the course of last
Survey finds lack of capital preventing Vietnamese businesses from borrowing
A total of 41 percent of businesses in a Ho Chi Minh City Business Association–known by the acronym HUBA–survey said they could not borrow capital because they had no unmortgaged collateral left, VN Express is reporting. The association argues that valuations on agricultural land are low and that inflation is
Speculation, gold prices driving exchange rate fluctuations: Opinion
The General Director of WiGroup, Tran Ngoc Bau, in an opinion piece in Doanh Nhan Vietnam, has said that exchange rate fluctuations at the start of the year are broadly the result of speculation. He says that: Tran goes on to argue that intervention in the exchange rate is not
Vietnam Gold Trade Association offers input re: pending gold market reforms
Doanh Nhan Vietnam is carrying comments from Huynh Trung Khanh, Vice President of the Vietnam Gold Trade Association. Specifically, Huynh uses the platform to: Of note, gold prices in Vietnam are generally around 20 percent higher than they are in the rest of the world. This is the result of
Private security market in Vietnam to be worth US$1.29 billion by 2027
An Allied Market Research report has found that Vietnam’s private security market is set to record a compounded annual growth rate of 7.9 percent a year between 2020 and 2027 at which point it will be worth US$1.29 billion. The security sector in Vietnam employs a huge number of people.
VN-Index falls, foreign traders net-sell US$6.64 million, March 6
The VN-Index fell Wednesday losing 7.25 points or .57 percent to finish the day at 1,262.73. Foreign traders overall exited the market, net-selling stocks worth just over US$6.64 million, Foreign trader activity, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 29/2 2,532 $102,593,095 2,919
Unpacked: Vietnam’s Non-Market Economy Review
In 2021, it was announced that raw honey from Vietnam would be subjected to antidumping tariffs in the United States. Vietnam was not alone, Argentina, Brazil, and India were also subjected to similar orders. What was different for Vietnam, however, was how the US Department of Commerce–the DOC–carried out its
Vietnam’s Prime Minister requests greater aviation investment from Australia
The Prime Minister of Vietnam, in Australia for the Australia-ASEAN Special Summit has encouraged Australian Airlines to fly to Vietnam, VN Express is reporting. Furthermore, he urged investment funds and banks to invest ‘indirectly’ in Vietnamese airlines. Foreign ownership of airlines in Vietnam is capped at 34 percent and therefore
Australian firm to lend Vietnam refinery US$720 million for upgrade
S&P Global is reporting that Australia’s Acuity Funding is set to lend US$720 million to Nam Song Hau Oil and Gas Investment Trading, for an upgrade. Of note, this is the second big announcement of funding in Vietnam-based projects from Acuity Funding in the last six months. In September it
VN-Index up, foreign traders net-sell US$4.08 million, March 5
Vietnam’s VN-Index closed up Tuesday, gaining points or .68 percent to finish the session at 1,269.98. Foreign traders, however, returned to net-selling after two days of net-buying. Foreign traders had net-sold stocks in excess of US$4.08 million by the time the markets closed. Foreign trader activity, last five trading days
Feb, Jan see abnormally high number of Vietnamese businesses close
In the first two months of this year there were 41,100 enterprises newly registered or that went back into operation after a hiatus, in Vietnam, according to Doanh Nhan Vietnam. There were, however, 63,000 businesses that withdrew from the market at the same time–a net-closure of 21,900 businesses. This is
Black market US dollar prices in Vietnam highest ever
On the black market in Vietnam the US dollar is fetching up to 25,600 Vietnamese dong, the highest price it has ever pulled, according to Tuoi Tre. Conversely, the State Bank of Vietnam’s (SBV) floating peg is currently sitting at 24,012 with official channels permitted to buy the dong for
Labour, electricity challenges weighing on Vietnam’s semiconductor ambitions
AlJazeera is carrying an article covering Vietnam’s semiconductor ambitions that identifies a lack of skilled labour and power shortages as key barriers for the industry’s development. There is not a lot new here–these issues have been well documented. It is, however, well written and balanced with a few good quotes.
Vietnam’s Economy, February 2024: Snapshot
February kicked off in Vietnam with coverage of comments made at an online press briefing in which US Under Secretary of State Jose Fernandez insisted that the Department of Commerce’s review of Vietnam’s non-market economy status would not be politicised. This was after a letter surfaced a few days earlier
VN-Index up, foreign traders net-buy US$4.1 million, March 4
The VN-Index closed up Monday, gaining 3.13 points or .25 percent to finish the session at 1,261.41 points. Foreign traders started the week net-buying back into the market to the tune of US$4.13 million. See also: Vietnam Stock Market Indexes: Quick Guide 2024 Foreign trader activity last five trading sessions
Vietnam’s Industrial Production Index falls 18 percent in February
Vietnam’s General Office of Statistics has found that Vietnam’s Industrial Production Index decreased by 18 percent in February compared to January and 6.8 percent compared the February of 2023. Note that last year the Lunar New Year, for which there are five public holidays, was in January in 2023 but
US$10.46 billion of Vietnam’s corporate bonds fall due this year
About VND 258.2 trillion or US$10.46 billion worth of corporate bonds in Vietnam are set to mature before the end of this year, The Saigon Times is reporting. The real estate industry will account for about US$4 billion or 38 percent with the banking sector a distant second account for
Provisions added to Vietnam’s Law on Bidding for sports betting operations
From February 27 of this year, firms looking to take bets on international soccer in Vietnam will need to go through a bidding process, VN Express is reporting. Note that there are currently no legal sports betting businesses in Vietnam, however, there are provisions in several laws referring to the
VN-Index up, foreign traders net-buy US$8.07 million, March 1
Vietnam’s main stock market index, the VN-Index finished the last trading session of the week up 5.55 points or 0.44 percent, clocking out Friday at 1,258.28. Foreign traders net-bought back into the market to the tune of US$8.07 million after shedding almost US$15.7 million worth of stocks Thursday. Foreign trader
Starlink launch in Vietnam put on ice over foreign ownership limits
Elon Musk’s SpaceX has put plans to launch its satellite service on hold in Vietnam due to Vietnam’s foreign ownership limits in the telecommunications industry, Reuters is reporting. Foreign ownership in telecommunications services that include infrastructure are capped at 51 percent in Vietnam for most countries. Members of the Comprehensive
In today’s Vietnam news: Fuel prices cut, Double-digit growth target reinforced, New airport services delay approval requested, TikTok VN investment, Bybit in Vietnam, LG
In today’s Vietnam news: VN renews antidumping tariffs on Thai sugar, Power supply challenges continue, USTR tariffs forced labour, AMRO growth forecast downgrade, Foreign
In today’s Vietnam news: Fund outflows May, New HCMC airport trial operations to begin September, M&A HCMC 2026, Compensation for gas-to-electric bike switch Hanoi,
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