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 firm’s renewable energy plan ‘defies logic’: The Investor
Local firm Tin Thanh Group’s claim, that it has acquired US$6.4 billion in funding for several renewable energy projects in Vietnam and US, ‘defies logic’ according to local media outlet The Investor. This article breaks down big announcements the Tin Thanh Group has made in the past that never came
AMRO revises Vietnam’s GDP growth forecast up from 4.4 percent to 4.7 percent
The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Vietnam’s GDP growth forecast for this year from 4.4 percent to 4.7 percent, Vietnam Plus is reporting. This puts it in line with World Bank forecasts which were revised down last week from 6.3 percent forecast in April to 4.7 percent in
VN-Index closes out the week at 1,128.5 points
The VN-Index has finished the week at 1,128.5 points, slightly up on Thursday’s close, VN Express is reporting. Though an improvement this is still well below its September peak at just over 1,245 points. Foreign investor trades on HOSE October 6 VND (billions) US$ Bought 904 6,237,600 Sold 768 5,299,200
Results of Vietnam’s TikTok inspection announced
The Ministry of Information and Communications has announced the outcome of an investigation of TikTok’s practices in the country finding a number of breaches of Vietnamese law, VN Economy is reporting. Most of the breaches relate to the censoring of content on the platform and the removal of sensitive content.
Pushback on Vietnam bond market reforms resurfaces
The HCM City Real Estate Association (HoREA) has made overtures to the government to push back the effective date of reforms to the bond market due to take effect from January 1, 2024, Vietnam News is reporting. These reforms were outlined in Decree 65 and came into effect in September
Vietnam bond market shows signs it may be thawing
More than VND 100,000 billion (US$690 million) worth of corporate bonds were issued in the third quarter of 2023, Doanh Nhan Saigon is reporting. This is almost triple the value of bonds issued in the second quarter which suggests the bond market may be recovering. The article, however, does note
Japan pneumatic device maker to increase Vietnam investment
Japan’s SMC Manufacturing, which makes pneumatic instruments, intends to increase its investment in Vietnam to the tune of US$120 million, The Investor is reporting. These funds will be used to expand the firm’s operations in Dong Nai in Southern Vietnam just a few clicks from the country’s financial centre, Ho
Japan electrical cable maker to invest in new operation in southern Vietnam
The Vietnamese arm of Japan electronics firm Wave Crest is set to invest US$10 million in southern Vietnam’s Dong Nai province, The Investor is reporting. The firm specialises in electronic circuit boards and electrical cables, however, the aforementioned article does not detail how the funds will be spent, nor what
Foreign investment in Vietnamese stocks lowest in three years
On October 5, foreign traders bought just VND 384 billion (US$2,649,600) worth of stock on the Ho Chi Minh City Stock Exchange, the lowest investment of foreign capital in a day since August 2020, VN Express is reporting. The VN-Index closed at 1,113.9 points. Foreign investor trading activity, October 5
Vietnam’s coffee exports well down in September year-on-year on higher coffee prices
Vietnam exported 32.7 percent less coffee in September this year compared to September last year, but the total value of said exports, US$205 million, was just 12.8 percent lower, VOV is reporting. Indeed, it was reported a few weeks ago that with sky-high coffee prices, traders had sold most of
China plastics manufacturer to build new factory in southern Vietnam
The Vietnamese arm of Chinese plastics manufacturer Kingfa Science & Technology is set to open a new US$80 million factory in southern Vietnam’s Dong Nai province, The Investor is reporting. What the company will make at the new factory has not been disclosed but the company’s key outputs are plastic
China electronics maker to establish new factory in northern Vietnam
China’s Longstar Lighting Ha Mon Company is set to invest US$25 million in a new factory in Vietnam’s Thai Binh province, The Investor is reporting. The factory will manufacture and assemble LED bulbs and auxiliaries over the four-hectare site. It is expected that when fully operational the factory will have
Taiwan PC input device maker approved for new factory in northern Vietnam
Taiwan’s Goodway Cayman Company is set to invest US$45 million in a new factory in Vietnam’s Thai Binh province, The Investor is reporting. The factory will make electronic devices and computer peripherals. Covering five hectares, Goodway Cayman estimates the new factory will generate US$180 million a year.
Taiwan optical device maker approved for new factory in northern Vietnam
Taiwan’s Pegavision, a major manufacturer of soft contact lenses and other assorted medical optical devices, has been approved to build a lens factory in Thai Binh to the tune of US$200 million, The Investor is reporting. Covering 10 hectares, Pegavision is anticipating revenues of US$114 million a year when completed.
Foreign trading on the HOSE, October 4
The VN-Index closed slightly higher on Wednesday at 1,128.67 points, VN Express is reporting. It is still, however, well down for the week and the lowest it has been since July. Foreign investor trading activity, October 4 VND (billions) US$ Bought 1,374 9,480,600 Sold 1,186 8,183,400 Change 188 1,297,200 Most
Economic challenges according to head of Vietnam’s General Statistics Office
Vietnam News is carrying a translation of an interview Huong Thi Nguyen, Director of the General Statistics Office (GSO) gave to Bao Tin Tuc, in which she addresses the outlook for Vietnam’s economy toward the end of the year. She notes three key challenges facing the economy: Firms are struggling
Foreign direct investment in real estate down 45 percent year-on-year
FDI in the real estate sector reached US$1.94 billion in the first nine months of 2023, down 45 percent year-on-year, Vietnam Plus is reporting. Why it matters: The real estate sector has hit hard this year on the back of bond frauds and several high-profile arrests in the sector. This
New short-term capital lending regulations come into force this week
New regulations from the State Bank of Vietnam that limit the short-term capital (i.e. the money in everyday accounts) to 30 percent of the cash used for medium and long-term loans down from 34 percent, has come into effect, Vietnam News is reporting. Note: Vietnam’s banking sector is still developing
New securities trading accounts in Vietnam at near record highs in September
Individual investors opened 172,605 new securities accounts in September the second highest number opened in a single month in more than a year, according to VN Economy. A total of 253 of those accounts belonged to foreign investors. Of note: The VN-Index was rising steadily on the back of increasingly
Ministry of Construction report shows real estate supply-demand mismatch
A report issued by the Ministry of Construction has found that new residential real estate developments are stagnant but demand for housing is high and that’s pushing up prices, The Investor is reporting. The article says the completion rate of new buildings is well down due to legal hurdles and
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