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 closes up, foreign traders net-buy US$18.27 million, December 28
The VN-index has closed Thursday at 1,128.93 up 6.94 points or .62 percent. Foreign traders have continued to buy back into the market, net-buying US$18.27 million worth of stocks. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 22/12 1,007 $41,525,760
Hanoi apartment prices jump on real estate market downturn
Apartment prices in Hanoi, in some instances, have doubled on the back of a slowdown in the construction and real estate sector, Doanh Nhan Vietnam is reporting. Key points: At the end of Q3 2023, 42 commercial housing projects had been finished accounting for about 15,966 properties; This was barely
Vietnam brokerage says VN-Index well position for more foreign investment
Tien Phong Securities (TPS) has said that the Ho Chi Minh City Stock Exchange (HoSE) is ‘in a good position to lure foreign investment’ in 2024 particularly relative to its regional peers, The Investor is reporting. TPS reached this conclusion based on: Low interest rates; A price to earnings ratio
Vietnam banks push consumer credit to reach credit growth targets
Banks in Vietnam are offering hefty discounts on consumer loans and credit cards to reach credit growth targets, VN Express is reporting. Key points As of December 13, credit increased by 9.87% compared to the end of 2022 (target is 14 percent); To try and hit their limits banks are
Shrimp farmers turn to rice on back of repeated losses, amid dumping investigation
Shrimp prices in Vietnam have been too low for too long and as a result shrimp farmers are growing rice instead, Tuoi Tre is reporting. Not in the article but of note, Vietnamese shrimp is currently under an antidumping investigation by the US Department of Commerce. US shrimp farmers are
VN-Index closes down, foreign traders net-buy US$4.7 million, December 27
The VN-Index has closed down .26 points or .02 percent to finish the day at 1,121.99. There was, however, a welcome 360 by foreign traders who net-bought into the market to the tune of US$4.7 million. This was after 20 consecutive trading sessions in which the net-sold a total of
Vietnam issues draft decree re: global minimum tax support fund
Vietnam’s Ministry of Planning and Investment has released a draft decree outlining the establishment of a support fund to compensate foreign firms subjected to the Global Minimum Tax initiative, The Investor is reporting. Key points The fund will support businesses making high-tech goods or applying advanced technology in their operations
Lack of liquidity on HoSE turning-off investors: State media
A low level of liquidity on the Ho Chi Minh City Stock Exchange (HoSE) is making investors “increasingly concerned and hesitant in making investment decisions”, Vietnam News is reporting. Key points; Average total value of trades made in a day is at VND 13 trillion (US$533 million); This is down
Vietnam expecting bad debt surge mid-2024 on change to debt-restructuring regs
Vietnam’s banks are expecting a surge of bad debts when a moratorium on outstanding debt comes to an end in June of next year, Vietnam News is reporting. Key points: Bad debt at the end of Q3 2023 was 196.75 trillion (US$81 billion) up 61 per cent compared to Q2;
Vietnam PM laments foreign content dominating local film, television
The Prime Minister of Vietnam, Pham Minh Chinh, told a conference last week it was ‘gut-wrenching seeing foreign films on TV every time I turn it on’, VN Express is reporting. The PM said 70 percent of films on TV and at the movies are foreign (no primary source cited);
Vietnam tourism sector hits targets, but still trailing regional peers
Vietnam has received 12.5 million international tourists this year, reaching a target set by the government at the start of the year, but well below pre-COVID levels, VN Express is reporting. Key points The tourism sector recorded revenue of VND 672 trillion (US$27.6 billion); The sector has recovered to 44
Draft decree on Vietnam rooftop solar removes feed-in-tariffs altogether
A dossier proposing a decree on rooftop solar power development, put forward by Vietnam’s Ministry of Industry and Trade, has suggested removing feed-in-tariffs for excess power fed into the national grid, Vietnam Net is reporting. Key points: MoIT says this is because there is no legal framework for selling excess
VN-Index closes up, foreign traders net-sell US$12.7 million, December 26
The VN-Index finished Boxing Day up 4.59 points or .41 percent to finish the day at 1,122.25 points. Foreign traders, however, were less positive about the markets prospects than their domestic counterparts, they exited the market to the tune of just over US$12.7 million. Trading history, foreign investors, last five
Government support on the cards for embattled Bamboo Airways
Several government ministries and private enterprises have been called on to help ‘Bamboo Airways resolve its difficulties by year-end’ by the Deputy Prime Minister Le Minh Khai, VN Express is reporting. Key takeaways Petrolimex, the Airports Corporation of Vietnam, and several local banks have been asked to provide assistance; But
Vietnam Airlines trading restrictions lifted, stock bounces
Trading restrictions on Vietnam Airlines (HVN) stock listed on the Ho Chi Minh Stock Exchange, whereby trading was restricted to the afternoon trading session only, have been lifted giving the stock a bounce, CafeFN is reporting. The stock was up 6.82 percent at the close of trade December 25. Key
Vietnam cement industry conditions worst in a decade
Vietnam’s Ministry of Construction (Moc) is proposing reduced taxes and interest rates for firms dealing in construction materials on the back of the worst year for the industry in ten years, Vietnam News is reporting. This is on the back of a slump in sales and rising input costs. Key
Vienam’s PDP7 assessment finds solar overdeveloped, grid underprepared
A report into the implementation of Vietnam’s Power Development Plan 7 has found that solar power development between 2016 and 2020 went well above what was planned, Vietnam News is reporting. Key takeaways: The PDP7 set out a plan to develop 850 MW of solar power by 2020; However, a
Vietnam state-owned shipbuilding firm to go bankrupt
The Government of Vietnam has decided to wind up the state-owned Shipbuilding Industry Corporation (SBIC) and all of its subsidiaries bar one, Vietnam News is reporting. Of note, its predecessor Vietnam Shipbuilding Industry Group also went bankrupt back in 2010 amid allegations of mismanagement and corruption.
VN-index closes up, foreign traders net-sell US$5 million, December 25
The VN-Index closed Christmas Day up 14.60 points or 1.32 percent to finish the holiday trading session at 1,117.66. Foreign traders, however, continued to exit the southern Vietnam-based stock exchange to the tune of US$5 million dollars signalling the blood-letting is not likely to end any time soon. Trading history,
American shrimpers fight redesignation of Vietnam as market economy
The American Shrimp Processors Association (ASPA) has said Vietnam should maintain its non-market economy status, and has made overtures to the US Department of Commerce (DOC) to that effect, according to a statement on its website. This is after a review of the country’s NME status was launched by the
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