Southeast Asia

Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
147,900,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Myanmar is a lower-middle income country and the economy is supported by abundant natural resources and commodities. Its largest export is natural gas, which provides an increasingly important revenue stream. Myanmar is currently in a democratic transition – the government has launched new economic policies, finalised new health and education sector strategies and adopted new priorities, such as nutrition and rural development. That said, there remain some challenges to achieving sustainable and inclusive income growth as well as maintaining stability in the restive regions of the country.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

November 2015

The Opposition National League for Democracy – led by Aung San Suu Kyi – won enough seats in parliament to form a government.

April 2017

Myanmar held scheduled by-elections to fill the position of 19 parliamentary seats.

October 2018

The Japan International Cooperation Agency signed a grant agreement with the government of Myanmar, providing a grant of up to JPY6.03 billion (USD52.96 million) for upgrading the Mandalay Port. The project is aimed at developing the port by constructing berthing facilities and a terminal, as well as the mechanisation of cargo handling facilities. The Ministry of Transport and Communications will execute the project.

November 2020

General elections would be held.

Sources: BBC Country Profile – Timeline, Fitch Solutions

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Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
987,900,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Laos is one of the fastest growing economies in East Asia and the Pacific, underpinned by improving access to electricity, education and roads, as well as the implementation of structural reforms aimed at improving the business environment. Notwithstanding the flood-related disasters of mid-2018, economic growth is expected to remain robust in 2019, further supported by regional integration efforts. However, the country continues to face a challenging fiscal situation in the near term. In this way, the government is seeking to maintain macroeconomic stability by taking actions to improve domestic revenue collection, controlling expenditure and strengthening public debt management.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2016

National Assembly at its five-year congress appointed Bounnhang Vorachit as president and leader of the ruling Lao People's Revolutionary Party (LPRP), succeeding Choummaly Sayasone, who served as the ruling party's general secretary and president of Laos from 2006 to 2016.

September 2016

Former United States President Barack Obama became the first sitting United States president to visit Laos. The United States committed USD90 million dollars over three years to help clear unexploded bombs that the United States dropped on Laos during the Vietnam War.

December 2016

The governments of Laos and China announced the joint construction of a high speed rail line between China and Thailand to link Laos with the transportation hubs in these countries.

July 2018

The collapse of a dam in July triggered a pause in the approvals of new hydropower projects and an official review of all existing ones in the country.

August 2018

A consultation process (scheduled to last six months) began for the proposed 770MW Pak Lay hydropower project on the Mekong mainstream in Laos. The consultation involved two regional stakeholder forums and a field visit to the Pak Lay project. The power plant was estimated to require a USD2.13 billion investment. Construction is likely to begin in 2022.

Sources: BBC Country Profile – Timeline, Mekong River Commission, Fitch Solutions

Overview

Laos is one of the fastest growing economies in East Asia and the Pacific, underpinned by improving access to electricity, education and roads, as well as the implementation of structural reforms aimed at improving the business environment. Notwithstanding the flood-related disasters of mid-2018, economic growth is expected to remain robust in 2019, further supported by regional integration efforts. However, the country continues to face a challenging fiscal situation in the near term. In this way, the government is seeking to maintain macroeconomic stability by taking actions to improve domestic revenue collection, controlling expenditure and strengthening public debt management.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2016

National Assembly at its five-year congress appointed Bounnhang Vorachit as president and leader of the ruling Lao People's Revolutionary Party (LPRP), succeeding Choummaly Sayasone, who served as the ruling party's general secretary and president of Laos from 2006 to 2016.

September 2016

Former United States President Barack Obama became the first sitting United States president to visit Laos. The United States committed USD90 million dollars over three years to help clear unexploded bombs that the United States dropped on Laos during the Vietnam War.

December 2016

The governments of Laos and China announced the joint construction of a high speed rail line between China and Thailand to link Laos with the transportation hubs in these countries.

July 2018

The collapse of a dam in July triggered a pause in the approvals of new hydropower projects and an official review of all existing ones in the country.

August 2018

A consultation process (scheduled to last six months) began for the proposed 770MW Pak Lay hydropower project on the Mekong mainstream in Laos. The consultation involved two regional stakeholder forums and a field visit to the Pak Lay project. The power plant was estimated to require a USD2.13 billion investment. Construction is likely to begin in 2022.

Sources: BBC Country Profile – Timeline, Mekong River Commission, Fitch Solutions

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
Nil
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Laos is one of the fastest growing economies in East Asia and the Pacific, underpinned by improving access to electricity, education and roads, as well as the implementation of structural reforms aimed at improving the business environment. Notwithstanding the flood-related disasters of mid-2018, economic growth is expected to remain robust in 2019, further supported by regional integration efforts. However, the country continues to face a challenging fiscal situation in the near term. In this way, the government is seeking to maintain macroeconomic stability by taking actions to improve domestic revenue collection, controlling expenditure and strengthening public debt management.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2016

National Assembly at its five-year congress appointed Bounnhang Vorachit as president and leader of the ruling Lao People's Revolutionary Party (LPRP), succeeding Choummaly Sayasone, who served as the ruling party's general secretary and president of Laos from 2006 to 2016.

September 2016

Former United States President Barack Obama became the first sitting United States president to visit Laos. The United States committed USD90 million dollars over three years to help clear unexploded bombs that the United States dropped on Laos during the Vietnam War.

December 2016

The governments of Laos and China announced the joint construction of a high speed rail line between China and Thailand to link Laos with the transportation hubs in these countries.

July 2018

The collapse of a dam in July triggered a pause in the approvals of new hydropower projects and an official review of all existing ones in the country.

August 2018

A consultation process (scheduled to last six months) began for the proposed 770MW Pak Lay hydropower project on the Mekong mainstream in Laos. The consultation involved two regional stakeholder forums and a field visit to the Pak Lay project. The power plant was estimated to require a USD2.13 billion investment. Construction is likely to begin in 2022.

Sources: BBC Country Profile – Timeline, Mekong River Commission, Fitch Solutions

Overview

Laos is one of the fastest growing economies in East Asia and the Pacific, underpinned by improving access to electricity, education and roads, as well as the implementation of structural reforms aimed at improving the business environment. Notwithstanding the flood-related disasters of mid-2018, economic growth is expected to remain robust in 2019, further supported by regional integration efforts. However, the country continues to face a challenging fiscal situation in the near term. In this way, the government is seeking to maintain macroeconomic stability by taking actions to improve domestic revenue collection, controlling expenditure and strengthening public debt management.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2016

National Assembly at its five-year congress appointed Bounnhang Vorachit as president and leader of the ruling Lao People's Revolutionary Party (LPRP), succeeding Choummaly Sayasone, who served as the ruling party's general secretary and president of Laos from 2006 to 2016.

September 2016

Former United States President Barack Obama became the first sitting United States president to visit Laos. The United States committed USD90 million dollars over three years to help clear unexploded bombs that the United States dropped on Laos during the Vietnam War.

December 2016

The governments of Laos and China announced the joint construction of a high speed rail line between China and Thailand to link Laos with the transportation hubs in these countries.

July 2018

The collapse of a dam in July triggered a pause in the approvals of new hydropower projects and an official review of all existing ones in the country.

August 2018

A consultation process (scheduled to last six months) began for the proposed 770MW Pak Lay hydropower project on the Mekong mainstream in Laos. The consultation involved two regional stakeholder forums and a field visit to the Pak Lay project. The power plant was estimated to require a USD2.13 billion investment. Construction is likely to begin in 2022.

Sources: BBC Country Profile – Timeline, Mekong River Commission, Fitch Solutions

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
104,170,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Malaysia is one of the most open markets in the world. Its economy is well-diversified and has successfully weathered the impact of external shocks. This has been bolstered by strong macroeconomic management, with low and stable inflation and on-track fiscal consolidation. The financial system remains well-functioning and regulated, boasting a well-capitalised banking system and deep capital markets. Domestic demand is expected to continue to anchor economic growth, supported by continued income growth and a stable labour market, while an improving external environment would contribute positively to demand for Malaysia's tradable goods and services.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2015

The lower house of parliament passed an anti-terrorism bill that allowed suspects to be held indefinitely without trial and toughens penalties for sedition.

December 2016

Sultan Muhammad V was sworn in as the new king, succeeding Sultan Abdul Halim Mu'adzam Shah.

May 2018

An alliance of opposition parties led by Mahathir Mohamad won the general election and Mahathir became the prime minister.

January 2019

Sultan Abdullah of Pahang was sworn in, succeeding Sultan Muhammad V.

Sources: BBC Country Profile - Timeline, Fitch Solutions Political Risk Analysis

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
122,250,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Malaysia is one of the most open markets in the world. Its economy is well-diversified and has successfully weathered the impact of external shocks. This has been bolstered by strong macroeconomic management, with low and stable inflation and on-track fiscal consolidation. The financial system remains well-functioning and regulated, boasting a well-capitalised banking system and deep capital markets. Domestic demand is expected to continue to anchor economic growth, supported by continued income growth and a stable labour market, while an improving external environment would contribute positively to demand for Malaysia's tradable goods and services.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2015

The lower house of parliament passed an anti-terrorism bill that allowed suspects to be held indefinitely without trial and toughens penalties for sedition.

December 2016

Sultan Muhammad V was sworn in as the new king, succeeding Sultan Abdul Halim Mu'adzam Shah.

May 2018

An alliance of opposition parties led by Mahathir Mohamad won the general election and Mahathir became the prime minister.

January 2019

Sultan Abdullah of Pahang was sworn in, succeeding Sultan Muhammad V.

Sources: BBC Country Profile - Timeline, Fitch Solutions Political Risk Analysis

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
527,100,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Vietnam's shift from a centrally planned economy to a market economy has transformed it into a lower-middle income country. Vietnam is now one of the most dynamic and fastest growing emerging markets globally. In 2018, a continued stellar expansion in manufacturing output, propelled by buoyant export demand for electronics and supported by robust FDI inflows, primarily fuelled solid growth. 2018's robust growth is expected to spill over into 2019, thanks to healthy private consumption supported by strong private credit growth and rising incomes. The industrial sector also continues to expand at a stellar pace, supported by strong FDI inflows. Vietnam's 2011-2020 Socio-Economic Development Strategy (SEDS) – a 10-year strategy – highlights the need for structural reforms, environmental sustainability, social equity and macroeconomic stability. The Socio-Economic Development Plan (SEDP) for 2016-2020, approved in April 2016, looks to accelerate reforms.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

September 2016

India announced half a billion dollars' worth of credit for Vietnam for defence spending.

July 2018

Doosan Heavy Industries & Construction started the construction of a 1.33GW thermal power project in Vietnam. The project, known as Nghi Son 2, involves construction of two 665MW thermal power generation plants in Thanh Hóa. Construction is scheduled to be completed by July 2022.

August 2018

Thai firm SCG has signed loan agreements, worth more than USD3.2 billion, with 6 financial institutions for the Long Son Petrochemicals complex in Vietnam. The project, which would require an investment of around USD5.4 billion and would be located in Bà Ria-Vung Tàu Province. Commercial operations are expected to begin in 2023.

October 2018

The Communist Party of Vietnam agreed to nominate General Secretary, Nguyen Phu Trong as president. This took place almost two weeks after the death of former president Tran Dai Quang on September 21, 2018.

December 2018

Construction was scheduled to start on Hà Noi's mega smart city in Vietnam in December, subject to timely approvals and land availability. The 2.72sq km Nhat Tân-Noi Bài project was estimated to cost USD4.2 billion and works are scheduled to be completed in 2030.

January 2019

In 2018, the Vietnamese government passed several new and amended laws which would come into effect in 2019. The laws primarily focus on wages, environmental projects, the food industry, rural development, cybersecurity and administrative procedures.

Sources: BBC country profile - Timeline, Fitch Solutions

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
389,000,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

The Philippines has one of the most dynamic economies in the East Asia and the Pacific region. With increasing urbanisation, a growing middle income class, and a large and young population, the Philippines' economic dynamism is rooted in strong consumer demand supported by improving real incomes and robust remittances. Business activities are buoyant with notable performance in the services sector (including business process outsourcing), real estate, and finance and insurance industries.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

June 2016

Rodrigo Duterte was elected president and announced a hard-line crackdown on drugs. He also suggested that he might pivot from the United States to China.

May 2017

Martial law imposed on the island of Mindanao after fighting erupts between security forces and Islamic State-linked militants.

May 2018

Barangay elections were held on May 14, 2018.

May 2019

The 2019 Philippine general election will be held on May 13, 2019. The winners will take office on June 30, 2019, midway through President Rodrigo Duterte's six-year term. The election will see 12 seats in the House of Representatives and all seats in the senate, be contested. Elections will also see to all seats at the provincial, city and municipal level.

Sources: BBC Country Profile – Timeline, Fitch Solutions

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
343,800,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Malaysia is one of the most open markets in the world. Its economy is well-diversified and has successfully weathered the impact of external shocks. This has been bolstered by strong macroeconomic management, with low and stable inflation and on-track fiscal consolidation. The financial system remains well-functioning and regulated, boasting a well-capitalised banking system and deep capital markets. Domestic demand is expected to continue to anchor economic growth, supported by continued income growth and a stable labour market, while an improving external environment would contribute positively to demand for Malaysia's tradable goods and services.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2015

The lower house of parliament passed an anti-terrorism bill that allowed suspects to be held indefinitely without trial and toughens penalties for sedition.

December 2016

Sultan Muhammad V was sworn in as the new king, succeeding Sultan Abdul Halim Mu'adzam Shah.

May 2018

An alliance of opposition parties led by Mahathir Mohamad won the general election and Mahathir became the prime minister.

January 2019

Sultan Abdullah of Pahang was sworn in, succeeding Sultan Muhammad V.

Sources: BBC Country Profile - Timeline, Fitch Solutions Political Risk Analysis

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
489,900,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Laos is one of the fastest growing economies in East Asia and the Pacific, underpinned by improving access to electricity, education and roads, as well as the implementation of structural reforms aimed at improving the business environment. Notwithstanding the flood-related disasters of mid-2018, economic growth is expected to remain robust in 2019, further supported by regional integration efforts. However, the country continues to face a challenging fiscal situation in the near term. In this way, the government is seeking to maintain macroeconomic stability by taking actions to improve domestic revenue collection, controlling expenditure and strengthening public debt management.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2016

National Assembly at its five-year congress appointed Bounnhang Vorachit as president and leader of the ruling Lao People's Revolutionary Party (LPRP), succeeding Choummaly Sayasone, who served as the ruling party's general secretary and president of Laos from 2006 to 2016.

September 2016

Former United States President Barack Obama became the first sitting United States president to visit Laos. The United States committed USD90 million dollars over three years to help clear unexploded bombs that the United States dropped on Laos during the Vietnam War.

December 2016

The governments of Laos and China announced the joint construction of a high speed rail line between China and Thailand to link Laos with the transportation hubs in these countries.

July 2018

The collapse of a dam in July triggered a pause in the approvals of new hydropower projects and an official review of all existing ones in the country.

August 2018

A consultation process (scheduled to last six months) began for the proposed 770MW Pak Lay hydropower project on the Mekong mainstream in Laos. The consultation involved two regional stakeholder forums and a field visit to the Pak Lay project. The power plant was estimated to require a USD2.13 billion investment. Construction is likely to begin in 2022.

Sources: BBC Country Profile – Timeline, Mekong River Commission, Fitch Solutions

Overview

Laos is one of the fastest growing economies in East Asia and the Pacific, underpinned by improving access to electricity, education and roads, as well as the implementation of structural reforms aimed at improving the business environment. Notwithstanding the flood-related disasters of mid-2018, economic growth is expected to remain robust in 2019, further supported by regional integration efforts. However, the country continues to face a challenging fiscal situation in the near term. In this way, the government is seeking to maintain macroeconomic stability by taking actions to improve domestic revenue collection, controlling expenditure and strengthening public debt management.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

April 2016

National Assembly at its five-year congress appointed Bounnhang Vorachit as president and leader of the ruling Lao People's Revolutionary Party (LPRP), succeeding Choummaly Sayasone, who served as the ruling party's general secretary and president of Laos from 2006 to 2016.

September 2016

Former United States President Barack Obama became the first sitting United States president to visit Laos. The United States committed USD90 million dollars over three years to help clear unexploded bombs that the United States dropped on Laos during the Vietnam War.

December 2016

The governments of Laos and China announced the joint construction of a high speed rail line between China and Thailand to link Laos with the transportation hubs in these countries.

July 2018

The collapse of a dam in July triggered a pause in the approvals of new hydropower projects and an official review of all existing ones in the country.

August 2018

A consultation process (scheduled to last six months) began for the proposed 770MW Pak Lay hydropower project on the Mekong mainstream in Laos. The consultation involved two regional stakeholder forums and a field visit to the Pak Lay project. The power plant was estimated to require a USD2.13 billion investment. Construction is likely to begin in 2022.

Sources: BBC Country Profile – Timeline, Mekong River Commission, Fitch Solutions

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure
Project Stage
Nil
Financing Model
Nil
Total Project Value(USD)
Nil
Capital Required(USD)
660,200,000
About this project
Region(s)
Project Sector(s)
Format of Cooperation(s)
About this project

Overview

Vietnam's shift from a centrally planned economy to a market economy has transformed it into a lower-middle income country. Vietnam is now one of the most dynamic and fastest growing emerging markets globally. In 2018, a continued stellar expansion in manufacturing output, propelled by buoyant export demand for electronics and supported by robust FDI inflows, primarily fuelled solid growth. 2018's robust growth is expected to spill over into 2019, thanks to healthy private consumption supported by strong private credit growth and rising incomes. The industrial sector also continues to expand at a stellar pace, supported by strong FDI inflows. Vietnam's 2011-2020 Socio-Economic Development Strategy (SEDS) – a 10-year strategy – highlights the need for structural reforms, environmental sustainability, social equity and macroeconomic stability. The Socio-Economic Development Plan (SEDP) for 2016-2020, approved in April 2016, looks to accelerate reforms.

Sources: World Bank, Fitch Solutions

Major Economic/Political Events and Upcoming Elections

September 2016

India announced half a billion dollars' worth of credit for Vietnam for defence spending.

July 2018

Doosan Heavy Industries & Construction started the construction of a 1.33GW thermal power project in Vietnam. The project, known as Nghi Son 2, involves construction of two 665MW thermal power generation plants in Thanh Hóa. Construction is scheduled to be completed by July 2022.

August 2018

Thai firm SCG has signed loan agreements, worth more than USD3.2 billion, with 6 financial institutions for the Long Son Petrochemicals complex in Vietnam. The project, which would require an investment of around USD5.4 billion and would be located in Bà Ria-Vung Tàu Province. Commercial operations are expected to begin in 2023.

October 2018

The Communist Party of Vietnam agreed to nominate General Secretary, Nguyen Phu Trong as president. This took place almost two weeks after the death of former president Tran Dai Quang on September 21, 2018.

December 2018

Construction was scheduled to start on Hà Noi's mega smart city in Vietnam in December, subject to timely approvals and land availability. The 2.72sq km Nhat Tân-Noi Bài project was estimated to cost USD4.2 billion and works are scheduled to be completed in 2030.

January 2019

In 2018, the Vietnamese government passed several new and amended laws which would come into effect in 2019. The laws primarily focus on wages, environmental projects, the food industry, rural development, cybersecurity and administrative procedures.

Sources: BBC country profile - Timeline, Fitch Solutions

Has been added to favorites Has been removed from favorites
Who can help you in this project?
Clyde & Co
Roedl & Partner Ltd
AMCG Partners
Refinitiv Hong Kong Limited
Tricor Services Limited
Richful Deyong International Business (China) Limited, A Tricor Company
Lorenz & Partners (Hong Kong) Ltd
Pacific Light Data Communication Co., Ltd
More on this...
Mainland China / Southeast Asia
Transport and Logistics
Southeast Asia / Mainland China
Transport and Logistics
Southeast Asia / Mainland China
Infrastructure
Southeast Asia / Mainland China
Infrastructure
Mainland China / Southeast Asia
Infrastructure