主題相關資訊: 越南


Outperformer from first news of successful vaccines. Emerging ASEAN has been one of the best performers among major global equity indices since the start of November. And that was likely due to the region’s high economic leverage to normalisation after the distribution of COVID-19 vaccines and its high trend GDP growth rates relative to other Emerging Market economies.


Dec 24, 2020


Given the trade tensions and looming risks of de-globalisation, it is likely that China will embark on a different growth path in the aftermath of COVID, and increasingly rely on domestic demand to drive growth. This structural shift holds significant implications for EM Asia. In fact, ASEAN replaced the European Union as China’s biggest trading partner in 1Q20. And as a result of the increased tension and US protectionist measures targeting China, and pressure for MNCs to choose which one they side with under the pretext of protection against production disruptions in China, ASEAN and notably Vietnam are clear winners. But a more nuanced picture is closer to the truth. That is, the shifts in supply chains are more likely to be gradual than dramatic.


May 18, 2020


越南防疫佳績有目共睹,政府自4月23日以來循序漸進地鬆綁封鎖政策,儘管受全球疫情影響,其宏觀數據仍不如預期。越南政府於上週(5月15日)調整了原先設定的5%經濟增長率目標,根據不同假設情境制訂兩個方案:若主要貿易夥伴的疫情在今年第三季得到控制,則增長目標為4.4%-5.2%;若主要貿易夥伴的疫情遲至第四季才得到控制,則增長目標為3.6%-4.4%。越南目前的情況究竟為何?是時候復甦了嗎?本篇文章我們將針對多方面進行簡要更新。


May 18, 2020


Market has been focusing on the export side of Vietnam and how it will benefit from the trade war in the past few months. Of course, that is happening and more foreign companies from garments, furniture, packaging to electronics are setting up their factories in Ho Chi Minh, Honai, Bac Ninh, Thai Nguyen, etc. We, however, think it is worthwhile to consider another side of the growth story here: domestic consumption. The continuing economic growth, rising of middle class, and increasing urbanization will all help consumption to grow significantly in Vietnam ahead.


Aug 26, 2019


Vietnam is seen as the country benefited from the trade war between China and the US. Samsung is assembling half of its mobile phone in Vietnam and Apple is also beginning to start the production in the nation, so it is not surprising if your next iPhone will be made in Vietnam. Investors are enthusiastic about the bright prospects of Vietnam as major upcoming world factory, but Trump’s recent critics lead to a concern if this Southeast Asian country may become the next victim of trade war. We will elaborate further about the trade situation of Vietnam at the moment, the outlook in near future, and the market reaction in this article.


Jul 31, 2019


越南近年來一直是市場熱議的投資標的,我們將在本篇文中用七張圖,帶你看懂為何投資人鍾情越南市場。Premia MSCI 越南 ETF 將在7月18日上市(按最終批准為準),屆時將為投資者提供更具效率的越南市場投資工具。


Jul 4, 2019