Top News
Vietnam top frontier market
Vietnam ranked first in frontier markets in Bloomberg Market’s frontier markets survey.
The ranking, conducted by Bloomberg Market Magazine, included data for such as International Monetary Fund forecasts of GDP growth, inflation, government debt levels and investment and Bloomberg financial market data.
The frontier markets ranking included an additional variable - net energy imports as a percentage of all energy used.
Bloomberg also used World Bank to determine these countries’ vulnerability to volatile energy prices. Countries that rely heavily on energy exports or imports were considered higher risk and therefore earned fewer points for this category.
For the ranking, countries were awarded points based on their relative performance in each category. The worst performing country received a score of zero, while the best performing country received the maximum number of points assigned to that variable. Scores for all variables were summed, with a range for the final score being 0 to 100.
Vietnam with total score of 71.4 led the list of the most promising frontier markets.
The United Arab Emirates with 66.9 points was second, while Bulgaria and Romania with 61.4 tied for third place.
According to Bloomberg Market, despite an inflation rate that the IMF expects to be one of the highest among ranked countries between now and 2016, Vietnam came in first in part because of its rapid economic expansion.
Bloomberg Market’s frontier markets survey - View and Download
Latest News
- EuroCham Index pessimistic about business outlook (May 21, 2012)
- Vietnam is missing out on FDI boom (May 21, 2012)
- FDI property figures just a mirage (May 21, 2012)
- Quang Tri to host mid-year consultative meeting (May 17, 2012)
- Coal exports to fund Vinacomin: official (May 16, 2012)
- Rice farmers enjoy government benefits (May 16, 2012)
- HCM City attracts more FDI projects (May 15, 2012)
- Malaysia pours investment into wind energy project in Ninh Thuan (May 15, 2012)
- Ho Tram ready to roll dice (May 14, 2012)
- Attractive summer beaches in Vietnam (May 13, 2012)
More News
- Increasing private sector’s role in Vietnam Business Forum (Feb 09, 2012)
- Quang Ninh calls for investments in 18 projects (Feb 09, 2012)
- Gov’t to support businesses using green technology (Feb 07, 2012)
- Massive losses cost EVN chairman his seat (Feb 06, 2012)
- More foreign invested projects licensed in Nghe An (Feb 05, 2012)
- Vietnam Jan’s FDI attraction plunges 98 pct y-o-y (Feb 03, 2012)
- President of US Ex-Im Bank to visit Vietnam (Feb 02, 2012)
- Yen Tu Buddhist spring festival begins (Feb 02, 2012)
- Ba Ria-Vung Tau licenses four new projects (Feb 01, 2012)
- Banks to reduce interest rates to 10 per cent (Jan 31, 2012)
Vietnam’s business outlook has left European enterprises little to cheer about.