The Hanoitimes – Vietnam’s targets of becoming Asia’s logistics hub would only be feasible if local firms can fence off competition from the world’s major logistics players. Once the EU – Vietnam Free Trade Agreement (EVFTA) comes into force, European investors are entitled to purchase up to 51% stakes in Vietnamese logistics firms, putting them under […]
Read MoreThe Hanoitimes – In less than a month, Masan Consumer, a consumer business of major conglomerate Masan Group, has initiated two deals to take its businesses beyond the food and beverage sector. Masan Consumer Corporation today [Dec. 24] announced that Masan HPC, a newly established home and personal care subsidiary, has launched a tender offer to […]
Read MoreThe Hanoitimes – Such comparison suggests that the development of the banking sector may have been too rapid compared to the size of the economy. Vietnam has the highest credit-to-GDP ratio among the lower middle-income countries and is at par with some of the OECD countries, according to the World Bank. These comparisons suggest that the […]
Read MoreThe Hanoitimes – Fitch analysts were upbeat about continued strong economic growth in Vietnam, which makes near-term stress unlikely and underpins their stable outlook for the banking sector. The State Bank of Vietnam’s decision to offer some banks forbearance on Basel II implementation highlights weak capitalization in the sector, with many banks in no position to […]
Read MoreSurpassing several of its Southeast Asian peers in the latest global power ranking, Vietnam proves key player on world stage. Vietnam ascended two spots from last year to 32nd out of 80 economies in the 2019 power ranking released by multi-platform publisher U.S. News and World Report. Listing is based on an equally weighted scores […]
Read MoreThe Hanoitimes – The deputy PM said Vietnam needs to mobilize domestic financial sources and credits to develop 8,000 megawatts per year. Vietnam is seeking the World Bank’s finance for its growing energy sector which needs roughly US$9-US$10 billion per year. Vietnam needs to mobilize domestic financial sources and loans to fulfil its power generation target […]
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Thailand
