Asean opportunities

Edward Lee, chief economist for ASEAN and South Asia at Standard Chartered, shared notable points in the bank’s recent report. He said that ASEAN has a bright economic outlook and government investments in infrastructure projects will boost short- and medium-term growth. … [Read more...] about StanChart experts say M&A opportunities abound in Vietnam

Hanoi (VNA) – The EU-Vietnam Free Trade Agreement (EVFTA) strengthens EU economic links with Southeast Asia and will potentially contribute to its recovery after the coronavirus crisis, moderndiplomacy.eu quoted an EU official as saying in a story published on August 3. The EVFTA, which took effect on August 1, will not only ultimately scrap duties on 99 percent of all goods traded between the two sides but also make it easier for European companies to do business in Vietnam, according to the site. They will now be able to invest and pitch for government contracts with equal chances to their local competitors, it said. Under the new agreement, the economic benefits go hand in hand with guarantees of respect for labour rights, environment protection and the Paris Agreement on climate, through strong, legally binding and enforceable provisions on sustainable development. “The European economy needs now every opportunity to restore its strength after the crisis triggered by … [Read more...] about EVFTA expected to contribute to EU recovery after coronavirus crisis

Valuations are attractive and leverage levels remain low Vietnam’s listed companies (ex-financials) have been reducing their leverage in the past five years and have a low net debt to equity of 18 per cent, which reduces risks for the market. On the valuation front, the market looks cheap and trades at a 12 million trailing Price-to-Earnings (PE) of 12.8x, below its five- year average of 15.7x. … [Read more...] about Vietnam – one of the best long-term growth stories in Asia

Last year, KinderWorld Vietnam was honoured to be awarded the Contribution to Corporate Social Responsibilities (CSR) Award by Hanoi People’s Committee. The company has been recognised for its effort in offering quality education opportunities to children from under-privileged socioeconomic backgrounds and professional development courses to local authority personnel. Over the years, KinderWorld’s total contribution to CSR efforts has exceeded $1 million. … [Read more...] about Two meaningful decades for KinderWorld across Vietnam