Funds emerging markets

A steady pace of market reforms in Vietnam, supported by a growing need of issuers for funding, have led to annual bond issuance growing from US$92 million in 2000 to US$24 billion in 2019. Total bond issuances more than doubled between 2012 and 2019 growing from US$11 billion in 2012 to US$24 billion in 2019. Ngoc Thao … [Read more...] about Vietnam primed for credit rating agency to boost bond market

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Hanoi (VNA) – Vietnam has started to emerge as the latest Asian nation with a strengthening position in the region, and a future high potential for economic growth, wrote Murat Ungor, a Senior Lecturer, Department of Economics, University of Otago in his article run by New Zealand’s website asiamediacentre.org.nz on January 18. In the article, the author cited data from the World Bank as saying that the country’s  gross domestic product (GDP) grew by 7 percent in 2019, similar to 2018, one of the fastest growth rates in the region. It is argued that if Vietnam can maintain a 7 percent increase in economic growth over the next decade, the country will follow the same trajectory as the previous "Asian Tigers,”  according to the article. International trade was also progressively liberalised, with the signing of various free trade agreements, it said, adding that the World Bank now considers Vietnam one of the most dynamic emerging … [Read more...] about New Zealand media: Vietnam – the time has come

Hanoi (VNA) – Senior officials of ASEAN member countries met online on January 19 to discuss preparations for the upcoming ASEAN Foreign Ministers’ Retreat (AMMR) that is slated for January 21. Speaking at the event, the head of SOM ASEAN of Brunei said that with the ASEAN 2021’s theme of “We Care, We Prepare, We Prosper,” Brunei hopes to build on the achievements that the association gained in 2020, with focus on the people and sustainable development, building a regional architecture ruled by law, upholding multilateralism and supporting an open multilateral trade system. Participants exchanged their ideas on work that need to be done since after the 37th ASEAN Summit and related meeting, including a mid-term report on the implementation of the ASEAN Political-Security Community (APSC) Blueprint and the strengthening of inter-pillar and inter-sectoral coordination towards the building of the Post-2025 ASEAN Community Vision. They … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat

Besides the challenges posed by Covid-19, airlines also face rising fuel prices while Vietravel Airlines to start flying next Monday competition is increasing with Vietravel Airlines, Vietnam’s sixth carrier, all set to enter the aviation market this month. … [Read more...] about Aviation industry could see revival in second half of 2021