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Foreign investors keep big interest in Vietnam’s consumer finance market

The Hanoitimes – What investors see and find most captivating about Vietnam`s banking system is that there is an untapped opportunity. Foreign investors are targeting Vietnamese consumer finance companies, even poorly-performing ones, to enable themselves to rapidly enter the local fruitful financial market. Japan’s Aeon is the latest investor to show their interest in the Vietnamese […]

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Positive carry steadies the Philippine peso

Higher-yielding emerging market (EM) currencies, including the Philippine peso, have stabilized after the Fed paused its hiking cycle and the ECB indicated that it might restart QE. Encouraged by the increasingly dovish global central banks, investors looking for yield have flocked to emerging markets to profit from “carry trades.” What is a carry trade? A […]

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Asean to ink automotive MRA this year

Asean is scheduled to sign a Mutual Recognition Arrangements (MRA) pact on automobiles and parts in September to reduce production costs and facilitate exports and imports of automotive products among members. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said the Asean Senior Economic Officials’ Meeting in Vientiane, held April 4-5, approved Asean MRAs for automotive products […]

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Thailand, Cambodia ready to relaunch rail link

Thailand looks set to re-establish a rail link with Cambodia 45 years after the two countries terminated cross-border train service. Prime Minister Prayut Chan-o-cha and Cambodian Premier Hun Sen will preside over a ceremony to reopen the track connecting Aranyaprathet district of Sa Kaeo with Cambodia’s Poipet town on Monday. The two leaders will meet at Ban […]

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