About 3 trillion USD is needed for green investment in ASEAN between 2016 and 2030, 37 times the size of the global 2016 green bond market (Source: VNA) Singapore (VNA)– ASEAN member states should increase green investment by 400 percent each yearto protect their people and economies from climate change and otherenvironmental shocks, according to a recently-released research.The Green Finance Needs inASEAN, conducted by Singapore’s DBS Bank and the UN Environment Inquiry intothe Design of a Sustainable Financial System, finds that about 3 trillion USDis needed for green investment between 2016 and 2030, 37 times the size of theglobal 2016 green bond market.Current annual ASEAN flows ofgreen finance are estimated at 40 billion USD, against an average annual needof roughly 200 billion USD to 2030.This investment spreadsacross infrastructure (1.8 trillion USD), renewable energy (400 billion USD),energy efficiency (400 billion USD) and food, agriculture and … [Read more...] about ASEAN needs to increase green investment by 400 pct
Average annual investment return
In the 2001-2005 period, the total investment capital for agriculture reached approximately VND109,000 billion, of which, around VND29,000 billion came from the State budget, making up between 15-17 percent of annual investment capital from the State budget while real demand needs 25-30 percent. At National Assembly (NA) sessions, many NA deputies shared the common view that farmers are those who often face least and suffer most.In comparison to contributions by the agriculture and rural development sector, which account for 20 percent of GDP, the investment level for the sector in previous years was not sufficient. In addition, effective mechanisms and policies have not yet been issued to encourage and draw investment into upgrading agricultural and rural infrastructure. Deputy head of the Enterprise Renovation Department under the Ministry of Agriculture and Rural Development Dinh Quang Tuan said agricultural production suffers risks from many sides, particularly natural conditions, … [Read more...] about Agriculture and rural development attracts little investment
"This is an economy with huge opportunity in many sectors. Infrastructure needs for the coming decade are huge, and will need private capital. Manufacturing is likely to remain very competitive in Vietnam, and investment in higher value added production will be key to continued competitiveness. Agriculture and aquaculture have considerable further potential," said Mr Louis Taylors, General Director of Standard Chartered Bank (Vietnam) Limited in an interview with Vietnam Business Forum. Dang Yen reports. Could you please share with us the challenges that Standard Chartered Bank Vietnam is facing under the implications of monetary policy and inflation in Vietnam? The intention of the authorities to stabilize prices and the currency is encouraging and we are fully supportive of it. We'd like to see some of the measures applied differently, such as the allocation of credit growth among banks, but the authorities' strategy is right. We do not underestimate the challenges ahead given the … [Read more...] about Due Diligence by Investors- Critical Element to Driving Attractive Returns
As of March 2017, Vietnam had sent nearly 31,000 students to the U.S., ranking fifth among the countries with the most students at American educational institutions, according to the latest U.S. Student and Exchange Visitor Program report. To put things into perspective, Vietnam ranks higher than Canada and Japan when it comes to total enrollment. Vietnam continues to distance itself from its Southeast Asian peers by being the top source of students from the region for the U.S. Even the election of President Trump hasn't managed to deter Vietnamese people's positive view of the U.S. Their favorable view of the United States has actually increased from 78 to 84 percent over the past year. Here are some of the striking numbers: > Vietnam's average annual income in 2016: $2,200 (World Bank) > Vietnamese parents spend 47 percent of total household income on their child's education (HSBC) > Average annual cost of university tuition fees and living expenses … [Read more...] about Is US university education worth all the investment?
A clear majority of investors in both Asia and Canada expect to be in an improved financial position two years from now, a newly released investor survey by financial giant Manulife has shown. The latest Manulife Investor Sentiment Index in Asia (Manulife ISI), based on 3,500 interviews across seven Asia markets shows an upward trend in investor sentiment in Asia, tallying with similar findings in parallel Indexes for Manulife Canada and John Hancock, Manulife's U.S. division. According to the survey, sentiment was positive in all markets bar Hong Kong and rising in most - dramatically so in Japan, an apparent response to 'Abenomics', Prime Minister Shinzo Abe's bold plan to boost the economy. The only territory showing negative sentiment was Hong Kong. "These Manulife ISI findings point to Asia investors warming to signs of recovery in the real economy, and that's also reflected in our findings from North America. But many aren't yet ready to invest further and most are … [Read more...] about Asia investors not ready to invest further despite improved confidence