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Vietnam urged to focus on FDI to achieve stability

November 28, 2009  

From Pamela Tang

The State Bank of Vietnam’s surprise decision to devalue the currency heightened concerns about investing in the country. But Moody’s Economy.com argues that policy-makers must encourage FDI to finance the trade deficit.

Greater foreign direct investment (FDI) and sounder fundamentals hold the key to Vietnam achieving stability in the longer term, says Moody’s Economy.com.

The nation’s economic progress has been called into question after the State Bank of Vietnam, the...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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