Articles worth reading
Image : Enterprises contribute an average VND1.7 billion per year to budget

Enterprises contribute an average VND1.7 billion per year to budget

person Orange Themes access_time Apr 11,2017

Nhan dan - NDO - Enterprises contributed a total of VND746.4 trillion (US$32.84 billion) to the State budget in 2015 with an average of VND1.7 billion (US$74.800) per enterprise, which was a very small number, showing low efficiency and profits of

Image : Federal court jury says Apple owes WARF $234 million

Federal court jury says Apple owes WARF $234 million

person Orange Themes access_time Oct 17,2015

Apple's loss of a patent infringement case to the University of Wisconsin could turn out to be a costly one, as a jury ruled today that it owes the Wisconsin Alumni Research Foundation $234 million.

Image : 32 bodies, 9 human heads found in Mexico mass graves

32 bodies, 9 human heads found in Mexico mass graves

person Orange Themes access_time Nov 25,2016

Authorities have exhumed 32 bodies and nine heads from several clandestine graves in Mexico's violence-plagued southern state of Guerrero this week, officials said. The remains were unearthed between Tuesday and Thursday in 17 pits on a hill in the

Latest blog articles

Vietnam's capital market lagging behind

access_time Apr 19,2017 chat_bubble_outline 31 views

Vietnam has been listed among emerging capital markets that are significantly behind developed markets, with considerable financial, human, and social costs, according to a new research report entitled “Deepening Capital Markets in Emerging Economies”, released by McKinsey on April 12 and providing a snapshot of capital markets in developing economies.


Vietnam's capital market lagging behind



Vietnam scored 1.2 out of 5 in the McKinsey Asian Capital Markets Development Index, covering 12 key APAC markets: Singapore, China, Japan, Australia, Indonesia, India, Thailand, Malaysia, Vietnam, Pakistan, South Korea, and the Philippines.

McKinsey has also developed a new way of benchmarking capital markets against each other and is also introducing the McKinsey Asian Capital Markets Development Index to help policymakers better benchmark their markets.

The outlook is that Asian countries do not yet have access to predictable capital market funding at scale, and investors lack the financial instruments to deploy long-term savings.

Markets like the US and the UK have many investment opportunities, including equity, financial institution, and corporate bonds, central government and municipal bonds, and securitized products. 

Some of Vietnam’s capital markets (for e.g. bond markets) are deemed “shallow” by McKinsey, meaning that investment opportunities, funding at scale, and pricing are less available or transparent.

Other key highlights include that emerging capital markets face challenges regarding the availability, diversity, and pricing of capital. 

Investors in emerging markets face similar challenges. 

They put a large part of their savings in physical assets such as real estate and gold, and bank deposits. 

The limited investments in financial assets are mostly in government bonds, AAA-rated corporate bonds, and equities.

According to the report, pricing efficiency is a complex topic and there is a healthy debate about the best way to measure it. 

However, there is substantial evidence from both event studies and mathematically-oriented approaches that emerging Asian equities markets are less efficient than more developed markets.

Research into the complexities of the quality of pricing information is relatively new but a useful starting point. 

Some of it is in the form of third-party benchmark efficiency indices, which suggests that developed economies seem to offer timely and accurate pricing information more consistently and reliably than most emerging markets. 

While Japan and South Korea are considered highly efficient, on par with Germany and the US, emerging markets like Pakistan and Vietnam appear to be highly inefficient in their pricing measures.

VN Economic Times

Saudi Arabia temporarily halts Vietnam’s live poultry imports

Saudi Arabia’s Ministry of Environment, Water and Agriculture has banned the import of livebirds, hatching eggs and chicks temporarily from Viet Nam due to the bird flu disease. Osama Bin Abdullah Al-Saleh, director general of the Department of Animal and Plant Quarantine, on Sunday said the ban was imposed following the bird flu warning in Viet Nam, issued by the World Organisation for Animal Health (WOAH).Several cases of avian flu have been detected, therefore, the import suspension will… chat_bubble_outline Read More...

Italy's Matteo Renzi falls as swiftly as he rose

Rome (AFP) - In the end, Matteo Renzi's fall was even quicker than his remarkably rapid rise to the summit of Italian politics.Hours after suffering a crushing defeat in a referendum on constitutional reform, the centre-left prime minister announced his resignation in the early hours of Monday.Italy's youngest ever premier, he was just 39 when he took office in February 2014 via an internal coup in his Democratic Party."Enrico stai sereno (Enrico be calm)," he reassured then-premier Enrico… chat_bubble_outline Read More...

Vietnamese bakery, confectionery sector attracted to foreign partners

The Vietnamese market is witnessing an increasing number of large bakery and confectionery companies, highlighting the sector’s potential for foreign investors, Dieter Dohr, general director-cum-chairman of GHM Company, said. The announcement was made at a conference held in Ha Noi on Tuesday introducing Iba 2018, an international trade fair on the bakery sector.“Viet Nam has many delicious and high-quality foods such as breads, coffee and tea. The event will help Vietnamese firms showcase… chat_bubble_outline Read More...

Streaming overtakes U.S. digital music sales for first time: Nielsen

NEW YORK (Reuters) - Canadian rapper Drake helped music streaming services explode in 2016, rising by 76 percent in the United States to overtake digital sales of music for the first time in history, Nielsen Music said on Thursday.Americans used on demand streaming platforms, such as Apple Music, Google Play, Spotify, Pandora and Amazon Music, to listen to 431 billion songs in 2016, led by hip hop and R&B artists like Drake, The Weeknd, Kanye West and Rihanna, Nielsen said in its 2016 U.S.… chat_bubble_outline Read More...

Livestock sector targets 5.2-5.5% growth in 2017

Accordingly, the sector will strive to raise a total of over 5.45 million cows, 28.55 million pigs and 370.8 million various kinds of poultry. To achieve the set targets, the ministry continues to expand its breeding programme following Vietnamese Good Agricultural Practices (VietGAP) standard, develop high quality livestock breeds and accelerate implementation of support policies to facilitate efficient husbandry during the 2015-2020 period. In addition, the ministry also targets to earn… chat_bubble_outline Read More...

folder_open Assigned tags

Comments

Loading...

Trends in Singapore

Trends in Indonesia

Trends in Philippin