BMI View: Although Vietnam’s telecoms sector is generally exhibiting declining growth momentum, we believe the market still harbors significant potential given that the bulk of consumers are using basic, low-value services. The 3G sector is particularly attractive as consumers have yet to see the benefits of the service, in addition to other hindrance to adoption such as a … Read more
Notably, the recreation areas will have large-scale investment with modern games and popular games for all ages. A number of amusement parks are planning like Disneyland in Soc Son, recreation areas to explore nature at Ba Vi, recreation areas associated with sports betting, horse racing and motor, auto racing in Soc Son or Ba Vi… In … Read more
According to data published by the U.S Ministry of Commerce, in the first nine months of 2012, the two-way relationship between two countries reached 18.4 billion USD, increased by 13.4% over the same period. From the above data, the American Chamber of Commerce in Vietnam (AmCham) has updated the two-way trade forecast between Vietnam and … Read more
The Japanese Nikkei has reported that The Tokyo-Mitsubishi Bank UFJ – Mitsubishi UFJ Financial Group (MUFG), is expected to spend 60 billion Yen to hold 20% shares in the Vietnam Joint Stock Commercial Bank For Industry And Trade – Vietinbank (Code: CTG-HOSE). The amount of 60 billion Yen (720 million USD) is seen as a … Read more
According to the report that Standard Chartered has just announced, Vietnam economy will recover modestly in 2013 and the foreign direct investment flows continue to enter. The reporters predict that Vietnam’s GDP growth in 2013 will recover at 5.5%. Investment and exports are the areas expected to be the biggest contribution to this recovery. Vietnamese … Read more