Bánh Mì Brief

Markets, deals and policy from the last 24 hours.

◆  Top 3

1 ▸ US finalises shrimp anti-dumping duties up to 25.76%

The US Commerce Department issued final results on 3 November in its 20th anti-dumping review of Vietnamese frozen shrimp, covering February 2024 to January 2025. Sao Ta Foods (FMC) got 10.71% and Stapimex 6.36%, 27 separate-rate firms 7.59%, and 131 others keep the 25.76% all-others rate. Customs instructions are due no earlier than 35 days after Federal Register publication.

→ Vietstock · 6 Nov

→ Confirmed: VietnamPlus · 5 Nov

2 ▸ To Lam to make official visit to Japan

Party General Secretary and President To Lam will visit Japan from 8 to 11 November, meeting the Emperor, holding talks with the Prime Minister, addressing the National Diet and visiting Kanagawa, the foreign ministry said on 5 November. Bilateral trade reached $33.7B in the first eight months, up 27%, putting the $60B target for 2030 on track to be met early.

→ VietnamPlus · 5 Nov

3 ▸ VN-Index extends rebound to 1,740

The VN-Index rose 7.71 points (+0.44%) to 1,740.73 on 5 November after gaining more than 24 points intraday, supported by real estate and banks such as VIC, CTG and STB. HoSE turnover fell to VND15.83tn. Foreign investors net sold about VND239bn, their 10th straight session of net selling.

→ Cong Luan · 5 Nov

→ Confirmed: VOH · 6 Nov

◆  Economy & Markets

▸ SBV cuts central rate to 25,615

The State Bank set the central rate at VND25,615 per dollar on 6 November, down 8 dong, giving a band of 24,334 to 26,896. By 9:00 Vietcombank sold at 25,810 and BIDV at 25,805, both down more than 80 dong from a day earlier. Investors are watching the US October payrolls report.

→ Thi truong Tai chinh Tien te · 6 Nov

▸ SJC gold gives back VND1.5m

SJC gold bars fell VND1.5m to VND138m buying and VND141m selling per tael on the morning of 6 November, after touching VND144.5m the day before. SJC rings also fell VND1.5m. World gold eased to about $4,078 an ounce as markets cut the odds of a December Fed hike to 66% from nearly 80% in October.

→ Thanh Nien · 6 Nov

◆  Business & Deals

▸ Dassault backs AI and digital twin centre in Hanoi

Deputy PM Ho Quoc Dung received Dassault Systemes COO Pierre Barnabe in Hanoi on 5 November and praised the group's work with the finance ministry and the National Innovation Centre on a centre of excellence for digital twins and AI. He urged links with local firms in UAVs, smart manufacturing and smart cities. Barnabe said Dassault wants to expand partnerships to SMEs.

→ VietnamPlus · 5 Nov

◆  Politics & Policy

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◆  Worth Knowing

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