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.
Is Google really considering shifting production from Vietnam to India?
India’s Firstpost is reporting that Google is considering shifting production of Pixel devices from Vietnam to India after footage of the Google Pixel 8 Pro was leaked from a Vietnamese factory. A handful of other outlets have also jumped on this story, however, its origins are somewhat shady. The source,
Vietnam animation in legal dispute with Peppa Pig to air on China TV
Vietnamese animated series Wolfoo, has been licensed by the China National Radio and Television Administration to be shown on television in Vietnam’s neighbour to the north, The Leader is reporting. Why it matters: Sconnect, the makers of Wolfoo are currently embroiled in a copyright infringement lawsuit in the UK with
Vietnam’s manufacturing sector contracting again: S&P’s PMI
S&P Global’s Purchasing Managers’ Index recorded a drop in September to 49.7 from 50.5 in August, The Investor is reporting. The article goes on to point out that the General Office of Statistics’ Industrial Production Index went the other way and recorded a 0.1 percent increase from August. The full
National Geographic taken off the air in Vietnam
The National Geographic channel, as well as Nat Geo Wild, and Baby TV, have stopped broadcasting in Vietnam, VN Express is reporting. These channels were available via cable TV company MSky. Why it matters: This is inline with Disney pulling its channels from a number of regional markets on a
Labour lawsuit brought against Vietnam Cinema chain by expat employee dismissed
A wrongful termination lawsuit raised against Vietnam cinema chain CGV by a British ex-employee has been dismissed by a court in Ho Chi Minh City, VN Express is reporting. Why it matters: Of particular interest in this case is that it has taken eight years since the court agreed to
Vietnam revises growth expectations down to 6 percent
Bloomberg is reporting that a statement on the government’s website on Saturday said that 6 percent growth this year was the best Vietnam could hope for, but it was unlikely to be less than 5 percent. In the first nine months of the year, Vietnam recorded growth of 4.24 percent,
LNG terminal in southern Vietnam ready to operate
Vietnam’s first LNG terminal, located south of Ho Chi Minh City, is ready to operate, Vietnam Plus is reporting. About 20 million cubic meters of LNG has already passed through the terminal and it is expected that number will increase to 1.4 billion cubic meters a year. For context: Vietnam
Vietnam has its first voluntary carbon emissions exchange
On Friday, Vietnam’s CT Group launched a subsidiary called the ASEAN Carbon Credit Exchange, which Vietnam Plus has reported, will be Vietnam’s first carbon exchange. Light on details as to how it would actually work, the publication outlines key drivers for its development, namely the EU’s Carbon Border Adjustment Mechanism
Total t-bills issued by State Bank of Vietnam hits US$3.7 billion
The State Bank of Vietnam issued another tranch of t-bills yesterday to the tune of VND 20,000 (US$819.7 million), VN Express is reporting. This brings the total value of bills issued this month to US$3.7 billion.
General Statistics Office Q3 data shows GDP growth to September at 4.24 percent
The General Statistics Office has said Vietnam’s GDP reached 4.24 percent in the first nine months of the year, VN Economy is reporting. This is well below the 6.5 percent target set at the start of the year and would require a mammoth effort to hit with only three months
Standing committee agrees to submit draft resolution on global minimum tax to NA
The National Assembly’s (NA) Standing Committee, a small group of lawmakers that make key decisions when the NA is not in session, has agreed to submit a resolution on implementing the global minimum tax (GMT) when it sits next in October this year, VN Economy is reporting. The GMT has
Calls to allow greater devaluation of the Vietnamese dong
Dr Huan Huu Nguyen, from the Ho Chi Minh City University of Economics, has told Donah Nhan Vietnam that the VND should be allowed to fluctuate within a greater range and that Vietnam should accept a short-term devaluation. Currently, the dong operates in a trading band of 5 percent either
Images of Google’s new smartphone leaked from a Vietnam factory
Technave has published images of the Google Pixel 8 Pro smartphone that it says have come from a factory in Vietnam. This is a week before the official unveiling. Why it matters: Intellectual property protection is a key concern for foreign manufacturers entering the Vietnam market. These leaks do not
Vietnam’s strengths and weaknesses from Global Innovation Index report
Vietnam is up two places on the Global Innovation Index, now ranked 46 out of 132 countries, state media is reporting. The article focuses on input and output performance but misses the table below that lays out Vietnam’s innovation strengths and weaknesses. Full report. Strengths Weaknesses Rank Indicator name Rank
IMF report pushes fiscal over monetary policy to boost Vietnam’s economy
The IMF has released the results of its Vietnam Staff Report for the 2023 Article IV Consultation which pushes for more spending to boost the economy in light of limited room to adjust monetary policy. Key takeaways: The IMF noted that high growth rates over the medium term could be
Electric vehicle battery public relations blitz continues
Vietnam News is carrying an article that breaks down how electric vehicle batteries are made and proselytises how safe they are. For context: It was widely reported, in the mainstream media, two weeks ago that the fire in Hanoi that killed 56 people started when the battery in an electric
Calls for market orientated electricity prices on back of rising coal costs
State electricity provider, Electricity Vietnam, incurred a loss of more than VND 28.7 trillion (US$1.18 billion) in the first eight months of the year, a loss 9 percent bigger than that of the whole of 2022, Vietnam News is reporting. A representative of EVN told the publication that this was
Vietnam’s Bamboo Airways can’t pay its pilots
Bamboo Airways has been haemorrhaging pilots over the late payment of salaries, Reuters is reporting. This comes after Japanese airline expert Oshima Hideki left the position of Chairman of the Board at Bamboo after just a couple of months on the job. The embattled Bamboo Airways has made a number
Donation to Oxford college from Vietjet CEO falls through
A US$188 million pledge to Oxford college from Vietjet’s CEO Thao Phuong Thi Nguyen has been put on ice due to legal constraints around moving the money out of Vietnam, The Telegraph is reporting. The donation would have seen Oxford’s Linacre College renamed Thao College after the donor. It’s not
State Bank of Vietnam issues more treasury bills, total hits US$2 billion
The State Bank of Vietnam completed its fourth bond issue in the past two weeks to the tune of another VND 20 trillion (US$829 million), Donah Nhan Vietnam is reporting. This brings the total value of bonds issued since the start of last week to VND 50 trillion (US$2 billion).
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