Vietnam and thailand

Vietnam’s M&A market is forecast is expected to touch $6.5-$6.9 billion in 2018 (Photo: baodautu.vn) Hanoi (VNS/VNA) – Vietnam’s M&A market is forecast to reach 6.5-6.9 billion USD in 2018, which is lower than the 2017’s record of 10.2 billion USD. “We expect the M&A value in 2018 to decline from 2017, as this year may not have as big deal as Sabeco,” said Dang Xuan Minh, AVM Vietnam’s CEO. Vietnam’s merger and acquisition (M&A) market hit over the 10-billion-dollar landmark for the first time last year and is at the turning point to reach a new era of opportunities in the next decade. M&A value continued to rise 55 percent year-on-year to reach 3.55 billion USD in the first six months of this year. “One year ago, even very optimistic forecasts hardly envisaged the M&A boom in 2017 which thrust Vietnam’s M&A value to 10.2 billion USD, a growth of 175 percent over 2016. This is a record number, … [Read more...] about Vietnam’s M&A market declines in 2018

Vietnam Economy ADB raises Vietnam’s growth forecast to 6.9% this year By Trang Nguyen Wednesday,  Dec 11, 2019,19:45 (GMT+7) ADB raises Vietnam’s growth forecast to 6.9% this yearBy Trang Nguyen Employees are seen working at a local firm. Vietnam’s GDP growth in the first three quarters of 2019 accelerated to 7%, the highest rate for the period in nine years – PHOTO: DAO LOAN HCMC – While trimming its forecasts for economic growth in developing Asia this year and next given the slower growth in China and India, the Asian Development Bank (ADB) has raised Vietnam’s growth forecast to 6.9% for 2019 and 6.8% for 2020. In a supplement to its Asian Development Outlook 2019 Update released in September, ADB expects gross domestic product (GDP) in the region to expand 5.2% in both 2019 and 2020, down from the September forecast of 5.4% growth this year and 5.5% next year. In Vietnam, GDP … [Read more...] about ADB raises Vietnam’s growth forecast to 6.9% this year

The dreams of millions of Vietnamese football fans came true after decades of hurt and false dawns, as the men's team won their first ever gold medal at the Southeast Asian Games. (Photo: VNA) Hanoi (VNA) – After more than 10 days of competition, the Vietnamese delegation wrapped up the 30th Southeast Asian Games (SEA Games 30) in the Philippines with 98 gold medals and the second position, surpassing by far the initial targets of from 65-70 gold medals and the third position. This is the first time since the SEA Games 2009 Vietnam secured the second position. It is no exaggeration to say that this is one of the most successful SEA Games for Vietnam as athletes showed impressive progress in key events and even broke SEA Games records by far, including the cases of swimmers Huy Hoang and Hung Nguyen, and runner Nguyen Thi Oanh. SEA Games 30 is also a sweet memory for football fans as both the mean’s team and women’s team of Vietnam became champions. … [Read more...] about SEA Games 30 marks fine success for Vietnam

Speaking at the 34th ASEAN Summit in Bangkok, Thailand, on Sunday, Prime Minister Nguyen Xuan Phuc said ASEAN also needs to consider and acknowledge positive development in the negotiations for the Code of Conduct in the South China Sea (COC) between the bloc and China, according to a statement released by the Ministry of Foreign Affairs. Phuc said that next year, as the ASEAN chair, Vietnam would work to raise ASEAN’s status on the global stage by enhancing its links with the U.N. Vietnam was elected non-permanent U.N. Security Council member for 2020-2021 term earlier this month. China lays claim to almost the entire South China Sea, which Vietnam calls the East Sea, including waters close to Brunei, Malaysia, the Philippines, Taiwan, and Vietnam.  It has occupied some archipelagos illegally and created artificial islands, turning them into garrisons. On June 9, a Filipino fishing boat with 22 crew members was sunk near Reed Bank in Vietnam's Spratly … [Read more...] about Vietnam asks ASEAN to take note of threats against fishers in South China Sea

IUCN Acting Country Representative Jake Brunner speaks at the workshop (Photo: VNA) Hanoi (VNA) – A workshop was held in Hanoi on December 10 with a focus on national guidance for identifying plastic pollution hotspots and working out solutions. The event, organised by the International Union for Conservation of Nature (IUCN) and the French Institute of Research for Development (IRD), was part of a project on building a network for monitoring plastics and plastics’ appearance in society and the environment (COMPOSE) and another named Marine Plastics and Coastal Communities (MARPLASTICCs). In his speech, IUCN Acting Country Representative Jake Brunner said the recent issuance of the national action plan on plastic waste management is an important stride of Vietnam.  However, he noted, numerous challenges are still lying ahead since plastic pollution is a problem relating to production, consumption and waste management that needs to be addressed thoroughly. IRD … [Read more...] about Workshop provides guidance for identifying plastic pollution hotspots