The UK has the floating rate LIBOR as the reference rate at which banks borrow in the money market. This floating rate is also used for engineering other derivatives.
Respectively, Australia has BBSW: bank-bill reference rate.
In Vietnam, the inter-bank rate between Vietcombank, Agribank, Vietinbank and BIDV has recently been used e.g. for bonds. The full term is long, so I came up with an acronym for it: VAVB. This term is sheerly for the ease of remembering and discussion; the order of the letters serves no other purpose.
Finance
|
agribank, asx, australia, bbsw, bidv, bond, ftse, kbc, libor, uk, vavb, vietcombank, vietinbank, vietnam, vietnamese
1. Apart from leveraging to finance their growth, Dubai looked at other investment opportunities. i.e. investing in Vietnam.
I wonder if Dubai will require higher return on equity from their investments now?
2. Intuitively, it can be argued that after the event of the Dubai World standstill proposal, investors will be more cautious toward emerging markets.
However, no two countries are the same. Emerging markets like China, India and Vietnam have much larger populations (effectively markets for many industries) and are more diversified.
Dubai effect will ripple through, but not so devastating.
3. Nevertheless, a lesson can be drawn from excessively-leveraged development and the risk of change in credit ratings.
Finance
|
china, credit, debt, dubai, emerging, equity, growth, india, investment, leverage, market, opportunity, rating, return, vietnam

- Bearish till the end of the year
- Consumable goods & maritime products will being a safe choice of investment as we draw close to Lunar New Year
- The exchange rate risk might affect many sectors in Vietnam, particularly banking
- Personally I don’t believe that the current AUD/VND and EUR/VND exchange rates will persist. My view is that AUD will depreciate after 2 months high
- Real Estate remains highly unstable
Finance
|
aud, bear, consumable, eur, exchange-rate, forecast, maritime, market, risk, vietnam, vnd
Why
- Social Media is about ease of creating and distributing information at low cost. The market always hungers information.
- Investors do not only absorb information from mainstream media and securities companies’ analysis, they expect information from other investors.
- Some investors are worth following than others.
Why Vietnam market
- Investors are able and willing to pay for information.
- Stock market in Vietnam is an unpenetrated niché which global firms have not entered.
- The only form of user-generated content in stock websites in Vietnam is forum, which does not support follow and notification features. Users demand more, create a market for it.
KhaiVQ, the head of Zing division of Vinagame confirmed that the whole market for Social Networks in Vietnam amounted to 1.4 million.