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.
VN-Index up, foreign investors net sell US$14.4 million, March 21
The VN-Index closed up Thursday gaining 16.34 points or 1.3 percent to finish the session at 1,276.42. Foreign traders continued to net-withdraw from the market with US$14.4 million worth of stocks net-sold. The most active stocks were in real estate and construction, securities, and banking. Foreign trader activity, last five
VN-Index gains, foreign traders net-sell US$12.6 million, March 20
The VN-Index jumped 17.62 points or 1.42 percent Wednesday to finish the session at 1,260.08 points. Foreign traders, however, net-exited the market to the tune of US$12.6 million. Most traded stocks were in securities, banks, and construction. Foreign trader activity, last five trading days Buy Sell Change Date VND* US$
VN-Index falls, foreign traders net-sell US$35 million, March 19
The VN-Index was down Tuesday, losing 1.10 points or .09 percent by close of trade to finish the day at 1,242.46 points. Foreign investors continued tio net-withdraw from the market. Collectively they net-pulled US$35 million from the local bourse. Most active stocks among foreign traders were real estate, banks, and
The US Election and Vietnam: Unpacked
In a bun cha restaurant in Hanoi’s Old Quarter there is a plastic table and chairs encased in an acrylic box, an homage to Barack Obama who once ate at the restaurant with Anthony Bourdain back in 2016. No such monuments exist for either Joseph Biden or Donald Trump. Both
Vietnam’s Pacific Airlines has no aircraft left in its fleet
The airline, owned by Vietnam’s national carrier Vietnam Airlines, looks to have returned all of its aircraft though this may have been a repossession. This article in Tuoi Tre is not exactly clear but it does make specific mention of the struggles of Pacific Airlines to pay its debts. “The
VN-Index loses 20.22 points, foreign trader data unavailable, March 18
The VN-Index lost 20.22 points or 1.6 percent Monday to finish the first session of the trading week at 1,243.56. Of note, the daily report issued by the Ho Chi Minh City Stock Exchange, which contains key details on foreign trader activity in the markets, had not been released by
VN-Index falls, foreign traders net-sell US$55.2 million, March 15
The VN-Index fell Friday, losing .48 points or .04 percent to finish the week at 1263.78. Foreign traders exited the market en masse net-shedding US$55.2 million worth of stocks. Foreign trader activity, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 11/3 2,107 $89,185,096 1,863
Importers, exporters disagree over Vietnam’s currency strategy
A 1 percent increase in the value of the US dollar could equate to a US$12.1 million annual loss for Vietnam ‘s national carrier, according to Dang Ngoc Hoa, chairman of Vietnam Airlines, and reported by VN Express. The chairman of PetroVietnam, Le Manh Hung, is also advocating for keeping
Vietnam meat producers request government intervention in meat imports
The Vietnam Livestock Association and the Animal Feed, Large Livestock and Poultry Breeding associations have made a submission to the Government of Vietnam requesting additional technical barriers on imported meats, Tuoi Tre is reporting. The associations are essentially arguing that Vietnam’s technical requirements for meat imports are lax relative to
Vietnam News Roundup: March 8 to March 14
This week’s Vietnam news roundup covers February cars sales and customs data, gold prices, Vietnam’s stock market, and a range of other business news in Vietnam. Economy news UOB forecasts Vietnam GDP growth of 5.5 percent in Q1 This is an increase over the 3.3 percent Vietnam saw in the
VN-Index falls, foreign traders net-sell US$36 million, March 14
The VN-Index took a hit today, losing 6.25 points or .49 percent to close out the session at 1,264.26 points. Foreign traders continued a three-day streak of net-exiting the market, leaving the local bourse to the tune of almost US$36.9 million. Popular stocks today in terms of volume were securities,
Securities regulator comments on Vietnam stock market upgrade progress
Chairwoman of the State Securities Commission, Vu Thi Chan Phuong, has given an interview to Vietnam News regarding Vietnam’s quest for an upgrade of its stock market from frontier to emerging. Specific details are scant but she does note that the SSC is prioritising: Updating disclosure requirements to encourage firms
VinFast exec claims will break even in 2025
Despite losses totally more than US$2 billion in 2023, Vietnam’s homegrown automaker will break even in 2025, according VinFast President Le Thi Thu Thuy as reported by Zing News. This is a huge undertaking with sales overseas lacklustre at best–just a few thousand–and the vehicles sold in Vietnam mostly to
VN Express reader’s letter ticks right boxes: borrow money, buy real estate
VN Express is running a letter from a reader known only by their first name, Van, in which Van says taking out a loan to buy a house in Hanoi’s Old Quarter was one of their best decisions. Van essentially says that the appreciation in the value of the property
United Overseas Bank predicts Vietnam GDP growth of 5.5 percent in Q1
This is an increase over the 3.3 percent Vietnam saw in the first quarter of last year, VN Express is reporting. The bank predicts 6 percent credit growth for the year. Of note in this article: According to one quote GDP growth will be linked to the recovery of the
Vietnam car sales fall 51 cent in February
A total of 10,017 cars were sold in February down from 20,536 in February of last year, according to data from the Vietnam Automotive Manufacturers Association and reported by Just Auto. This article says this was partly due to the Lunar New Year holiday. It also says that car sales
VN-Index up, foreign traders net-sell US$18.8 million, March 13
The VN-Index closed up 25.51 points or 2.05 percent on Wednesday to finish the session at 1,270.51. Foreign traders exited the market, however, to the tune of US$18.8 million. Banks, securities, and steel had the most interest in terms of volume. Foreign trader activity, last five trading days Buy Sell
Vietnam’s Imports and Exports, February 2024: Snapshot
Vietnam’s General Department of Customs has released import-export data for February of 2024. Here’s what it has found. Vietnam imports, February 2024, by item February Year to date Description US$ MOM % US$ YOY % Computers, electrical products, spare parts and components thereof 7,083,862,528 -17.2 15,640,557,472 25.0 Machine, equipment, tools,
Snapshot: Manufacturing in Vietnam, February 2024
Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. Manufacturing news in February was somewhat limited with the Lunar News Year reducing production and seeing most businesses close up for at least a week. That said, there
Vietnam real estate inventories jump as firms struggle to complete projects
Tuoi Tre has gone through the financial statements of 60 Ho Chi Minh City Stock Exchange listed real estate firms and found that there has been an increase in inventory of 3 percent over the end of 2022 and 30 percent over the end of 2021. They valued the inventory
In today’s Vietnam news: Facebook account theft ring shut down, Minimum wage to rise from Jan 1, Nuclear power project reorganisation proposed, No jail
In today’s Vietnam news: Research prosecution exemption, Fuel retailer losses, Semiconductor degree requirements, Eurocham BCI, Government bond auction Wednesday, Australia tourist visa problems, Coffee
In today’s Vietnam news: Accor-Sun Group agreement, US largest ethanol supplier, Demographic dividend to end 3 years early, Maritime economy development, ACV looking to
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