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 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VNG, a Vietnamese tech firm most well known for popular messaging app Zalo, has withdrawn its application to list on the Nasdaq, the South China Morning Post is reporting.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

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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

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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

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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

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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

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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

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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;

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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

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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,

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Salmon smuggler bypasses China trade restrictions using Vietnam

A radio appearance by the husband of a Norwegian citizen convicted of smuggling Norwegian salmon from Vietnam to China in 2018, has reopened an old wound for one of Norway’s biggest salmon producers, Salmar, IntraFish is reporting. Of interest, is that the accused was moving salmon from Vietnam to China

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Vietnam dong exchange rate closing in on 12-month high

US dollars were selling for 24,970 Vietnamese dong on the black market this morning, Zing News is reporting, getting closer to last October’s high of 25,280. Official rates are also getting close to their 2023 high with the official exchange rate set by the State Bank of Vietnam (SBV) this

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Survey finds outlook not bright for Vietnam businesses this year

Almost 73 percent of businesses in Vietnam intend to scale-down, temporarily suspend operations, or shut-up shop altogether in 2024, according to a survey conducted by the Private Economic Development Research Board (Division IV) and VN Express. Pulled from the responses of 2,700 Vietnamese businesses, the survey also found that of

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