Bánh Mì Brief

Markets, deals and policy from the last 24 hours.

◆  Top 3

1 ▸ Vietnam and Japan sign 11 deals in Tokyo

Vietnam and Japan signed 11 cooperation documents during To Lam's visit, nine of them exchanged in Tokyo on 9 November before him and PM Takaichi Sanae. They include a JICA loan for the O Mon 3 thermal power plant, a nuclear power cooperation MoU, a grant-aid framework agreement and an ODA loan for Vietnam-Japan University.

→ VnEconomy · 10 Nov

→ Confirmed: VietnamPlus · 9 Nov

2 ▸ Sojitz to take 5% of Masan High-Tech Materials

Japanese trading house Sojitz signed an MoU to acquire a 5% stake in tungsten and fluorspar producer Masan High-Tech Materials during the leaders' meeting, Bloomberg reported. ANA and Vietnam Airlines announced a joint venture pact, and Japan pledged support for crude oil deliveries to the Nghi Son refinery. Takaichi said talks also covered LNG power and nuclear energy.

→ Bloomberg via BusinessMirror · 9 Nov

3 ▸ VN-Index loses 11 points as foreigners sell

The VN-Index fell 11.04 points (-0.64%) to 1,714.32 on 9 November, with securities stocks such as SSI, VIX and VCI under pressure. Volume across the three exchanges topped 750m shares worth over VND14.9tn. Foreign investors net sold about VND823bn, led by HPG, VIC, PNJ and FPT.

→ Nhan Dan · 9 Nov

→ Confirmed: VietnamPlus · 9 Nov

◆  Economy & Markets

▸ SBV trims central rate to 25,600

The State Bank set the central rate at VND25,600 per dollar on 10 November, down 10 dong, giving a band of 24,320 to 26,880. Vietcombank quoted 25,350-25,760 and BIDV 25,385-25,765, both slightly lower. The dollar index stood at 101.70.

→ Thi truong Tai chinh Tien te · 10 Nov

▸ World gold jumps $57 ahead of US CPI

Spot gold rose $57 (1.4%) to about $4,124 an ounce by the morning of 10 November, while SJC bars edged up VND200,000 to VND138.2m buying and VND141.2m selling. Brent fell 5.85% to $92.57 a barrel. Markets price an 82.2% chance of a December Fed hike ahead of US October inflation data.

→ Tuoi Tre · 10 Nov

◆  Business & Deals

▸ Vietnam-Japan AI and fast-track patent deals

Science Minister Vu Hai Quan and Japan's MEXT signed an MoU on joint AI research and researcher exchanges, including support for training 100 AI doctoral candidates. Vietnam's IP Office and the Japan Patent Office agreed a fast-track scheme aiming to cut the wait for a first substantive patent examination to eight months.

→ TNGlobal · 10 Nov

◆  Politics & Policy

▸ Joint vision adopted, tourism year planned

To Lam and Takaichi adopted a Vietnam-Japan Joint Vision Statement on 9 November and agreed to launch a Vietnam-Japan Tourism Year for 2027-2028 and implement 14 Joint Crediting Mechanism projects. To Lam called for $80B in trade by 2030, and Takaichi pledged support for Vietnam's hosting of APEC 2027.

→ VietnamPlus · 9 Nov

→ Sources differ: Bloomberg cites a pledge of up to $100B in trade by 2030 · BusinessMirror · 9 Nov

◆  Worth Knowing

Nothing new.

Every item links to the original article. Vietnam time is UTC+7.
All editions · Get it by email

Researched and written with AI. For information only, not investment, legal or tax advice. An independent publication, not affiliated with any company or institution.