Posts Tagged ‘ Emerging Markets ’

Real estate still promising for long-term investors 

January 15, 2012
Real estate still promising for long-term investors 

  Ho Chi Minh City as seen from the rooftop of a downtown building. Property prices are expected to fall in the next six months. Developers are still pessimistic about market conditions but some experts believe investors should not rule out real estate just yet. Economist Dinh The Hien said the government is expected to [...]

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Vietnam raises a key rate to support dong, fight inflation 

October 8, 2011
Vietnam raises a key rate to support dong, fight inflation 

  Vietnam’s central bank increased its refinancing rate for the first time since May, as the nation tries to steady its currency and tame Asia’s fastest inflation. The State Bank of Vietnam raised the refinancing rate to 15 percent from 14 percent, effective Oct. 10, it said in a statement on its website Thursday. The [...]

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Mobius may seek shares in ‘cheap’ Vietnam, Nigeria

January 8, 2010
Mobius may seek shares in ‘cheap’ Vietnam, Nigeria

Investor Mark Mobius said he may buy more shares in the “particularly cheap” frontier markets of Vietnam, Nigeria, Kazakhstan and Ukraine even as developing nations face a “correction” that may exceed 20 percent. “We’re finding some very interesting opportunities in those markets,” Mobius, who oversees US$34 billion of developing-nation assets at Templeton Asset Management Ltd., [...]

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Smart money ready for future profits

October 31, 2009
Smart money ready for future profits

VinaCapital is holding its 2009 Investor Conference just as the Vietnamese economy is starting to heat up again. However, foreign investors have not yet returned to Vietnam after the 2008 crisis. VinaCapital Group’s chairman Horst F. Geicke discusses with VIR the opportunities foreign investors should be looking for in 2010 and beyond.Foreign direct investment registration [...]

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Vietnam tops ‘hot spot’ list for global investors

September 17, 2009
Vietnam tops ‘hot spot’ list for global investors

A worker at the Piaggio Vietnam factory Vietnam tops the list of priority markets outside the BRIC nations for global investors over the next five years, says investment consultancy firm UK Trade & Investment. The firm’s “Survive and Prosper: emerging markets in the global recession” report ranked Vietnam first for the second year in a [...]

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Frontier markets offer opportunities, Mobius says

September 11, 2009
Frontier markets offer opportunities, Mobius says

The least-developed nations may offer interesting opportunities for investors seeking “tomorrow’s emerging markets,” according to Templeton Asset Management Ltd.’s Mark Mobius. Templeton has opened offices in Vietnam and Dubai in the last few years to take advantage of “exciting opportunities” in Southeast Asia’s Mekong River region and so-called frontier markets in the Middle East, Executive [...]

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World oil demand to resume growth in 2010: report

September 10, 2009
World oil demand to resume growth in 2010: report

World oil demand will grow next year for the first time since 2007 and return to pre-recession levels by 2012, according to a newly released report. A general view of an artificial island on Kashagan offshore oil field in the Caspian sea, western Kazakhstan August 11, 2009.(Xinhua/Reuters Photo)World oil demand is expected to grow by [...]

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Canadian manufacturers find new markets to replace US

August 7, 2009

The global economic crisis may be the best thing that ever happened to Canadian businessman Lorne Janes. Sales in his top market, the US, disappeared almost overnight, forcing him to seek new buyers for his machinery to make marble and granite countertops for homes, hotels and restaurants.“We closed down the US office and training center… [...]

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Citigroup ‘moving extremely fast’ on asset sales

July 31, 2009
Citigroup ‘moving extremely fast’ on asset sales

A man uses a mobile phone in front of a sign for Sumitomo Trust & Banking Co. in Tokyo, Japan, Thursday. Citigroup Inc., rescued by the US government after a record loss last year, is “moving extremely fast” on asset sales, Chief Executive Officer Vikram Pandit said. “We created and set targets for Citi in [...]

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China market value to overtake US in three years: fund chairman

July 19, 2009
China market value to overtake US in three years: fund chairman

A man is reflected in an electronic stock board showing stock information at a securities exchange house in Shanghai, China. China’s stock market may surpass the US as the world’s largest by value in three years as state-owned companies sell new shares and the nation’s 1.4 billion people put more of their money into equities, [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...