Vietnam enjoys fastest wealth growth in the world: report

  • Much of that growth is due to the surge in super rich individuals living in the country
  • Vietnam’s emergence as a global manufacturing hub has helped it top a list of countries ranked by wealth growth over the past 10 years.
  • Wealth in Vietnam grew 210 percent between 2007 and 2017, and the country’s wealth market is predicted to continue growing another 200 percent in the next 10 years, according to a report by market research company New World Wealth and interpreted by Visual Capitalist.
  • Much of that growth is due to the surge in ultra-high net worth individuals living in the country, defined as people with investable assets of at least $30 million, excluding personal assets and property such as a primary residence, collectibles and consumer durables. Link to full story in VNEXPRESS By Ngan Anh February 2, 2018

Vietnam's SOE Divestment, IPO proceeds to trip in 2018-2020
Content Partners

  • State Owned Enterprises (SOE) proceeds from divestitures could reach as high as US$23.6 billion over the 2018 – 2020 period. This is 2.75 times greater than the 2011 – 2017 period.
  • Vietnam could be the only country in the World that embarks on a new wave of SOE reform in 2018-2020 period.
  • Besides raising proceeds for the government, there is a desire to bring these spinout into closer compliance with market principles and practices.
  • Proceeds from the divestitures will be used for funding government’s infrastructure spending.

Vietnam Remains an M&A Magnet - Vietnamnet

  • “Geographically, Vietnam is located in a strategic location in ASEAN, next to China,” said Sapru. “The country also offers strong GDP growth, political stability, low costs, and an emerging affluent population.”
  • The current stock market correction (April 2018 to July 2018) is not expected to slow down M&A activity in Vietnam.
  • The first four months of 2018, inbound capital via M&As in Vietnam reached US$2.26 billion, up 67% year-on-year
  • Asian investors are the most enthusiastic bidders. Most Asian investors come from nearby markets such as Thailand, the Republic of Korea, Japan, Hong Kong, and China.

Vietnam's Economy to Grow 6.5% in 2018: World Bank

Source: Xinhua 2018-04-13 11:16:44

Growth with Challenges

  • East Asia-Pacific Economic Update recently released by the World Bank, Vietnam's economy is facing significant challenges, despite the generally favorable medium-term outlook.
  • Domestically: a slowdown in structural reforms could weaken the ongoing recovery and weigh on Vietnam's medium-term potential growth."
  • Trade: Strong trade and investment links expose Vietnam's economy to risks associated with a potential rise in protectionism and a possible weakening of external demand,
  • Fiscally: There continues to be a need for deeper revenue and expenditure reforms, including broadening tax bases, right-sizing of the public administration, and higher value for money in public investment.
  • Another source, The Asian Development Bank report dated April 2018 - Vietnam's gross domestic product (GDP) will grow to 7.1 percent this year, before easing back to 6.8 percent in 2019, said the Asian Development Bank