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.
Public-private partnerships well below target on missing ministerial guidance
Just two public-private partnership (PPP) agreements have been signed in the last three years because of a lack of guiding documentation from relevant ministries, according to Vietnam Net. The publication says a new decree will soon be forthcoming to try and clear up some of the issues ministries are facing
VN-Index +9.66 points (1,109.73) at close, November 14
The VN-Index continued on its upward trend Tuesday increasing by 9.66 points or .88 percent to close out he session at 1,109.73, according to Ho Chi Minh Stock Exchange data. Foreign investors continued their net-selling trend with another US$13.7 million withdrawn from the market. Foreign investor trades on HoSE from
South Korean biotech firm to build monkey farm in Vietnam
South Korea’s, Eco & Tech Co., a biotech business, plans to build a US$11 million monkey farm in Vietnam’s Khanh Hoa province, The Investor is reporting. The facility will cover 18.7-hectares with the monkeys raised to be used for scientific research purposes. A second phase of the project is slated
Piracy concerns raised over withdrawal of foreign TV services from Vietnam
The Ministry of Information and Communication (MIC) has speculated that the withdrawal of several international film and television brands, namely Amazon Prime Video and Disney+, from the local market may see video pirates fill the void, Saigon Giai Phong is reporting. Why it matters: Regulations created by the ministry are
2020 resolution fails to realise shift to market based electricity pricing
A government resolution issued in 2020 declared that electricity pricing needed to be transparent and determined by market rules, however, there is still a huge mismatch between input costs and retail prices, Vietnam Net is reporting. Key takeaways: Before this year electricity prices has not increased since 2019; Several provinces
Highlands Coffee passes 700 store mark in Q3, 2023
Vietnamese coffee chain, Highlands Coffee, majority owned by Filipino fast food conglomerate Jolibee, extended its network of stores beyond 700 between Vietnam and the Philippines, the World Coffee Portal is reporting. It currently has 43 outlets in the Philippines and 682 stores in Vietnam–making it the biggest coffee chain in
VN-Index -1.16 points (1,100.07) at close, November 13
The VN-Index fell 1.61 points today or 0.15 percent to finish the day at 1,100.07 points, according to Ho Chi Minh Stock Exchange data. Foreign traders left the market to the tune of US$15.5 million. This brings the total value of shares net-sold by foreign investors over the last five
Coffee prices down on increased supply at start of harvest
Domestic green coffee is down 15 percent compared to its September peak, VN Express is reporting. According to sources quoted in the article this is due to: Farmers holding onto their beans while they wait for prices to rise; It’s the start of the harvest season which means more supply;
Vietnam food processing firm fined US$9,660 for stock market disclosure breaches
Kido, one of Vietnam’s biggest food processing firms, has been fined for three breaches of Ho Chi Minh Stock Exchange disclosure rules, The Investor is reporting. Breaches and accompanying fines include: For the non-disclosure or late disclosure of information Kido was fined US$4,830; For not submitting to the Hanoi Stock
Vietnam stands to make US$600 million in tax revenue from GMT in 2024
If a Global Minimum Tax comes into force in all OECD member states from the start of 2024, and Vietnam has a top-up tax in place, the country could benefit to the tune of US$600 million in increased tax revenue a government report has found, The Investor is reporting. In
Singapore firm to add 245 MW in Vietnam renewable energy to portfolio
Singapore’s Sembcorp Industries has said it intends to spend US$160.3 million on renewable energy assets in Vietnam, The Investor is reporting. This will include wind, solar, and hydro power purchased from local investment firm Gelex.
Danang investor fined US$61,000 for stock market manipulation
A man in Danang was using 76 accounts belonging to 21 investors to manipulate the price of a real estate firm listed on the Ho Chi Minh Stock Exchange, The Investor is reporting. He has subsequently been banned from trading for two years and fined US$61,000. See also: Stock market
Vietnam’s biggest oil refinery needs more Vietnamese leadership: PM
In a visit to Vietnam’s Nghi Son oil refinery on Saturday, Vietnam’s Prime Minister, Pham Minh Chinh, said that the challenges facing the refinery could be solve with more local leadership and more decentralisation, The Investor is reporting. “There need to be more Vietnamese people in the company’s leadership. More
Snapshot: Vietnam’s Coffee Industry, October 2023
Business in Vietnam’s coffee industry was slower than usual in October as a result of limited supplies. Part of this was after higher prices earlier in the year saw traders liquidate their supplies. As a result, just US$168 million worth of coffee left Vietnam a fraction of the US$3.23 billion
Snapshot: Manufacturing in Vietnam, October 2023
Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. Overview Vietnam’s manufacturing industry continued to struggle in October compared to a year earlier. Lower demand in key export markets due to a number of global challenges continued
VN-Index -12.21 points (1,101.68) at close, November 10
The HoSE has finished the week slightly down on yesterdays close after a pretty good week relative to the week before. The benchmark index dropped 12.21 points today to finish at 1,101.68 points, down 1.10 percent, according to HoSE data. Foreign investors net sold US$9.6 million worth of stocks, pulling
State Bank of Vietnam puts hold on t-bill issues
Yesterday, for the first time in nearly two months the State Bank of Vietnam issued no new treasury bills, VN Express is reporting. The publication does not speculate as to why that might be. That said, the US dollar experienced a sharp drop earlier this week against the Vietnamese dong
Chinese electronics maker to more than double investment in Vietnam
Chinese firm Luxshare-ICT is set to expand its operations in Vietnam’s Bac Giang province by $330 million, The Investor is reporting. This will bring its investment in Vietnam to US$504 million. Luxshare-ICT makes cables for various electronic devices.
Shift from cash-up-front to consignment weighing on Vietnam exporters
Exporters are struggling under the weight of their export partners shifting to consignment-based payment arrangements rather than cash-up-front, according to Vu Hoang Ta Bui, director of Ho Chi Minh City’s Department of Industry and Trade. He also says that green production requirements–the European Union’s Strategy for Sustainable and Circular Textiles
People’s Committee personnel changes delay Saigon’s second airport
Minister of Transport, Thang Van Nguyen, told the National Assembly yesterday that the Long Thanh airport, in Dong Nai, has been delayed because of personnel changes at the provincial People’s Committee, The Investor is reporting. There are no details as to how personnel changes have impacted the airport’s progress. Nguyen
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