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.
Consumer loans on the decline in Vietnam, bad debt up
Consumer loans declined to the six months ending June 30 compared to the end of 2022 by 10.2 percent whereas bad debt increased to 12.5 percent from 10.7 percent, Tuoi Tre is reporting. The publication says this is the most difficult period the market has faced in 15 years.
Vietnam-owned garment firms struggle against foreign counterparts
VN Express is carrying a feature on the garment sector focused on the gap between the levels of success experienced by local firms versus foreign-invested enterprises. It carries a number of key points regarding the challenges the sector currently faces. These include: There is an overemphasis in Vietnam on new
Vietnam football club fails to pay staff, players for months
The Ho Chi Minh City Football Club has failed to pay staff and players to the tune of US$1.23 million, VN Express is reporting. The publication is reporting that this sum is made up of salaries and bonuses and dates back as far as last year. Why it matters: This
Wolfoo-Peppa Pig intellectual property infringement saga continues
The Vietnamese makers of the kids’ cartoon Wolfoo, Sconnect, which is being sued by the makers of Peppa Pig, eOne, for allegedly infringing its intellectual property rights, has complained to the Vietnamese authorities that additions to the lawsuit are outside of the scope of the lawsuit, Vietnam Net is reporting.
Consumer spending in Vietnam’s biggest export market set to slow
Despite higher prices, consumer spending has remained high in the United States, however, this may be about the change, CNN is reporting. High housing costs, and huge levels of debt, along with COVID-era savings almost gone, are making it likely that US consumers will need to slow down spending-wise. Why
Singapore firm inaugurates Asia’s biggest black soldier fly farm in Vietnam
Singapore’s Entobel, opened its latest project in Vietnam last week, a black soldier fly factory to produce feed for Vietnam’s rapidly growing aquaculture industry, per a press release on PR Newswire. Entobel says it chose Vietnam for its: tropical climate, which is the ideal environment for black soldier flies; Vietnam’s
Vietnam has finalised US$15.5 billion just energy transition partnership roadmap
Vietnam has finalised the roadmap for the implementation of the Just Energy Transition Partnership (JETP) it agreed to last year, worth about US$15.5 billion split between public and private investment, CNN is reporting. No details of the agreement have been supplied, however, Reuters reported several weeks ago that it was
VN-Index +7.12 points (1,095.61) at close, November 24
The VN-Index has finished the week up again, though only slightly, increasing by .65 percent. Vietnam’s benchmark index has been relatively stable this week losing just 15.17 points over all. Foreign investment also increased today with foreign traders net-buying US$16.4 million worth of stocks. That said, for the week, they
Korean food delivery service to exit Vietnam December 8
A couple of months ago Korea’s Baemin announced it would be scaling back its operations in Vietnam, today it has said it will leave the market altogether, VN Express is reporting. At the end of the day, it looks like the market was just too competitive and low value. Grab
Import tax hikes suggested to support local plastics business
Vietnam’s Ministry of Finance has knocked back a request from the Long Son Petrochemicals Complex, to increase import tariffs on several plastics products , The Investor is reporting. Why it matters: If it had been approved this would have gone against Vietnam’s general policy of removing barriers to trade. That
Northern Vietnam province looking for approval for casino project
Vietnam’s Quang Ninh province, home to world famous tourist attraction Ha Long Bay, wants to build a US$2.8 billion casino and resort for domestic tourists. Plans have been submitted to the Ministry of Planning and Investment which has asked the Prime Minister to approve the project ‘in-principal’, The Investor is
C.bank governor calls for greater supervision of banks
State Bank of Vietnam (SBV) governor, Hong Thi Nguyen, has advocated greater supervision of credit institutions to Vietnam’s National Assembly, The Investor is reporting. This comes just days after it was revealed a former director of the SBV had accepted a bribe of up to US$5.2 million to look the
VN-Index-25.33 points (1,088.49) at close, November 23
The VN-Index finished the day in the red losing 25.33 points or 2.27 percent. At the final bell it was sitting on just 1,088.49 points. Foreign traders also left the market to the tune of a total of US$18.4 million. Foreign investor trades on HoSE from November 17 to November
Vietnam’s record high trade surplus, not necessarily good news
Vietnam’s trade surplus up to the end of October this year was US$24.61 billion, two and a half times bigger than it was over the same period last year, VN Express is reporting. But overall trade is down and in this context, this isn’t great news. Key takeaways: It looks
Well-known English language training center chain, APAX Holdings, delisted
Violations of information disclosure rules have seen APAX Holdings, which runs a chain of English training centres in Vietnam, delisted from the Ho Chi Minh Stock Exchange, VN Express is reporting. Why it matters: APAX well over-expanded before COVID and when the pandemic broke out and centres were forced to
Key retail strips in HCMC, Hanoi among the most expensive in the world
Tuoi Tre is reporting that retail rents on Hanoi’s Trang Tien Street and Ho Chi Minh City’s Dong Khoi Street are among the most expensive in the world, according to Cushman & Wakefield. That said, the Main Streets Across the World Report 2023, from the aforementioned property managers, ranks HCMC’s
Bamboo Airways cuts key domestic routes from schedule
Embattled Vietnam airline, Bamboo Airways, has cut domestic tourist hot-spots Dalat and Phu Quoc from its flight schedule in a bid to try and keep itself afloat, The Investor is reporting. These cuts are on the back of a series of international route cuts last month. See also: Vietnam’s Bamboo
Japanese food and beverage firms buys Vietnam dairy company
Vietnam’s New Viet Dairy, an importer, exported, and distributor of speciality dairy and deli products, has been sold to Japan’s Sojitz Corporation, The Investor is reporting. The value of the sale is not disclosed, however, New Viet Dairy reported revenue of US$320 million last year.
Intel still intends to expand its operations in Vietnam: Vietnam News
Intel has not abandoned plans to expand its operation in Vietnam, despite reporting to the contrary, Vietnam News is reporting. Reuters reported earlier this month that these plans had been shelved sparking a flurry of debate over Vietnam’s future in semiconductor supply chains. The aforementioned Vietnam News article has reported
VN-Index +3.36 points (1,113.82) at close, November 22
The VN-Index inched up by 3.36 points or .3 percent today to finish the session at 1,113.82, accordion to HoSE data. That said, most of the buying was done by local firms with foreign investors net-selling over US$30 million worth of stocks. Foreign investor trades on HoSE from November 13
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