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.
Vietnam petrol retailer representative group denied: name, function not unique
An attempt to unite Vietnam’s petroleum retailers into an ‘association’ has been knocked back by the Ministry of Industry and Trade (MoIT), Tuoi Tre is reporting. The MoIT says the proposed name and function of the group would overlap with the existing Vietnam Petroleum Association (VPA). In Vietnam, ‘associations’ are
US$3.17 billion sitting in trading accounts in Vietnam waiting to be used
There was VND 78 trillion (US$3.17 billion) sitting in cash accounts with securities firms in Vietnam at the end of 2023, according to Tuoi Tre. The article notes that this is an increase of VND 20 trillion (US$812.8 million) over the end of 2023 and also that liquidity on the
Korean Boeing supplier to build plant in Vietnam
South Korea’s KP Aero Industries intends to spend US$20 million on a new assembly plant in Vietnam, Reuters is reporting. Earlier reports from state media suggest the new factory will be in Danang in central Vietnam and cover 20,000 square metres. Whereas this announcement has been met with broad elation
VN-Index down, foreign investors net-buy US$3.6 million, January 24
Vietnam’s VN-Index has closed down 4.53 points or .38 percent to finish the session at 1,172.97 points. Foreign traders continued to buy back into the market purchasing an additional US$3.6 million worth of stocks. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND* US$
World Economic Forum report finds Vietnam leads region in sustainability
The World Economic Forum’s The Future of Growth Report 2024 has found that of ASEAN member states included in the report, Vietnam has come out on top in sustainability. Of note, the country received its best scores under sustainability in: Investment in renewable energy as a percentage of GDP. This
Vietnam gaming giant axes planned US IPO
VNG, a Vietnamese tech firm most well known for popular messaging app Zalo, has withdrawn its application to list on the Nasdaq, the South China Morning Post is reporting. The publication notes that VNG declined to comment on the change of plans. A few points of note: Vietnam automaker Vinfast
VNIndex down, foreign traders net-buy US$9.7 million, January 23
The VN Index fell Tuesday losing 5.36 points or .45 percent to close at 1,177.50. This was after foreign traders net-bought into the market just over US$9.7 million worth of stocks. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 17/1
Loan interest may be forgiven for partners in Vietnam’s Nghi Son refinery
Kuwait Petroleum International is considering waiving the interest on the loans of its partners in Vietnam’s Nghi Son refinery, the Arab Times is reporting. This could also see the interest rate on said loans possibly reduced to 0 percent. The publication notes that at the end of December there was
VN Index up, foreign traders net-buy US$18.85 million, January 22
The VN-Index has finished the start of the trading week up 1.36 points or .12 percent to finish the day at 1,182.86 points. Foreign traders have continued to net-buy into the market to the tune of US$18.85 million. Trading history, foreign investors, last five trading days Buy Sell Change Date
Snapshot: Manufacturing in Vietnam, December 2023
Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. December overview There wasn’t much good news for Vietnam’s manufacturing sector in December. Whereas there had been a slight change of fortune early in the fourth quarter, in
Vietnam to see 3rd highest growth in ASEAN: AMRO
The ASEAN+3 Macroeconomic Research Office (AMRO) January update has suggested Vietnam’s GDP growth in 2024 could be the third highest in the region at an estimated 6 percent. Thought the report does not provide analysis specific to Vietnam it broadly suggests that the regional economy is improving on the back
Vietnam’s amended Law on Credit Institutions sees more restrictive ownership limits
Vietnam’s National Assembly last week passed revisions to the Law on Credit Institutions intending to provide greater transparency to the banking sector in the wake of a number of high-profile scandals, The Investor is reporting. Key takeaways Lenders will need to make public shareholders with a stake greater than 1
C.Bank expecting credit growth of 4.4 percent in Q1 2024
State Bank of Vietnam’s Department of Forecasting and Statistics has said it expects credit growth in Vietnam to grow by 4.4 percent in the first quarter of the year, The Saigon Times is reporting. This is after credit growth averaged just 3.38 percent per quarter last year. Notably, there was
Vietnam’s industrial production index rises in December
Vietnam recorded 5.8 percent growth in its industrial production index in December over a year earlier, The Investors has reported. For the year the country record just 1.5 percent. The GSO says under performance is the result of falling global demand. Performance by sector Manufacturing-processing sector grew by 1.6 percent;
VN-Index closes up, foreign traders net-buy US$7.3 million, January 19
The VN-Index has closed up 12.44 points or 1.06 percent to close out trading today at 1,181.50. Foreign capital continued to return to the market with foreign traders net buying US$7.3 million worth of stocks. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND*
VN-Index closes up, foreign traders net-buy US$2.5 million, January 18
The VN-Index has closed up 6.53 points or .56 percent to close-out Thursday at 1,169.06 points. Foreign traders continued to buy back into the market today to the tune of US$2.5 million. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$
Other 3 of big 4 banks follow Vietcombank lead, lower deposit interest rates
Whereas Vietcombank announced it would be lowering deposit interest rates earlier this week, the other three of Vietnam’s big four banks have now lowered theirs too, Tuoi Tre is reporting. Interest rates on deposits are now hovering around 2 percent. This may indicated that the massive growth in credit issued
Why foreign investors are exiting the Vietnam stock exchange
Despite the VN-Index finishing 2023 up 12.2 percent last year, foreign traders exited the market to the turn of over US$1 billion–more than US$408 million in December alone. Vietnam News is carrying ‘expert’ analysis of this phenomena but the article contains only two key observations: EU and US markets are
Vietnamese coffee reaches highest price ever
Coffee prices in Vietnam hit 72,500 (US$$2.87) per kilo today the highest price ever, VN Express is reporting. The publication credits this to concerns about supply shortages due ships avoiding the Suez Canal due to conflict in the Red Sea and instead going around Africa. Vietnam coffee prices, Dak Lak,
VN-Index closes down, foreign traders net-buy US$5.8 million, January 17
The VN-Index has closed down .59 points or .05 percent Wednesday, to finish the session at 1,162.53. Foren traders, however, net bought into the Ho Chi Minh Stock Exchange to the tune of US$5.8 million bringing the total net-buy by foreign traderts to US$21 million over the last five trading
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