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Friday, May 18, 2012




Vietnam Briefing is a magazine and daily news service about doing business in Vietnam. We cover topics relating to the Vietnamese economy, the market in Vietnam, foreign direct investment and Vietnamese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates



HO CHI MINH STOCK INDEX (VNINDEX:IND)


HO CHI MINH STOCK INDEX


A Look at Vietnam in Numbers

By Christian Fleming

Mar. 2 – Over the last 40 years, Vietnam has managed to transform itself from a nation in a seemingly constant state of war to an economic force on the rise.

Here is a look at Vietnam in numbers:

66 – The percentage devaluation of Vietnam’s benchmark VN-Index in 2008. The indicator, which is tied to the Ho Chi Minh Stock Exchange, was the worst performing Asian index last year.

28 – As a percentage, the continued decline in the VN-Index so far this year, as of Feb. 27.

1.49 – Percentage growth of Vietnam’s consumer price index for the first two months of this year.

689,000 – Number of foreign arrivals in Vietnam over the last two months, a year-on-year decrease of more than 10 percent.

19 – The percent drop in Dong Phu Rubber Joint-Stock Co.’s stock value so far this year. Dong Phu Rubber is Vietnam’s largest listed rubber producer on the Ho Chi Minh Stock Exchange.

1.1 billion – Amount, in U.S. dollars, by which the Vietnamese National Assembly Standing Committee plans to increase the issuance of government bonds this year, up to a total of US$3.2 billion.

9 – Percentage depreciation of Vietnamese Dong since the end of 2007.

5.3 billion – The amount of foreign direct investment pledged in U.S. dollars so far this year in Vietnam – down 30 percent from the same period last year.

27 – Year-on-year percentage increase in the volume of crude oil exported from Vietnam for Jan. and Feb. this year.

42.4 – The percent reduction in the value of Vietnam’s oil exports this year, despite the increase in volume.

90 trillion – In Vietnamese Dong, amount by which this year’s original budget estimates have fallen by, “due to the economic downturn and falling crude oil prices.”

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