Vietnam’s dollar bonds are defying a credit downgrade by Moody’s Investors Service as efforts by the government to stabilize the economy since 2011 show progress.The average yield on Vietnamese debt fell to a record low of 4.09 percent on Oct. 9, according to JPMorgan Chase & Co.’s EMBI Global index, even after Moody’s said Sept. 28 there was an “elevated risk” that the government may have to bear the cost of recapitalizing banks.
The southern localities of Dong Nai, Binh Duong and Ho Chi Minh City have reported highly positive signs in attracting foreign direct investment (FDI) this year. These localities’ in charge officials said the third quarter in particular has seen an increase in the number of new projects and investments.
December 9 & 10, 2012 – Abu Dhabi, United Arabs Emirate
Campden Conferences
November 13 & 14, 2012 – Boston, MA, USA.
Campden Conferences