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Aug 2013 Colliers Vietnam Investment Digest


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Read and follow the top 20 economic indicators for Vietnam as well as top news bites across the industry. Published Monthly.

Published in: Real Estate
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Aug 2013 Colliers Vietnam Investment Digest

  1. 1. COLLIERS INTERNATIONAL Bitexco Office Building 19-25 Nguyen Hue, District 1 Ho Chi Minh City, Vietnam Tel +84 (8) 3827 5665 Fax +84 (8) 3827 5667 Colliers International | Accelerating success | > Market Brief Vietnam COLLIERS INTERNATIONAL August | 2013 $2 billion 62 482 13,500 5,100 1.12 billion 78,000 $71 billion Revenue Countries Offices Professionals Brokers Square Feet Managed Total Transactions Total Transaction Value : : : : : : : : Colliers at a Glance PETER DINNING General Director +84 903 322 344 KYNAM DOAN Investment Manager +84 1223 128 032 CONTACT US Indicator Value Updated Source VN-Index 494.66 8/5 Bloomberg VN-Index to date ytd +22.24% 8/5 Bloomberg Inflation +2.68% ytd, +7.29% yoy 8/1 GSO Credit market +5.02% ytd 7/25 Bloomberg Exp/Imp +14.3%/+15% ytd yoy 8/1 GSO Deposit Rate 5% 8/7 GDP +5.1% ytd yoy 8/1 GSO Refinance Rate 7% 8/7 SBV Lending Rate 9-13% 10-year bond yield 9.05% 8/7 ADB FDI +19.6% ytd yoy 8/5 GSO FDI Disbursement +6.4% ytd yoy 8/5 GSO Energy Prices +5% 8/5 EVN Retail Sales +12% ytd yoy 8/5 GSO Deposits +9.48% ytd 8/3 SBV M2 Money Supply +8.25% ytd 8/6 GSO PMI +2.1 pts to 48.5 8/6 GSO Overnight Rate +340 pts to 4.4% mom 8/5 Bloomberg VND-USD 21,095 8/7 Bloomberg Repurchase Rate -50 pts to 5.5% 8/7 Bloomberg 1. Vietnam Asset Management Company targets US$474 million of NPLs over the next two months with special bonds that can be used to secure funding from the central bank. The VAMC will begin buying NPLs in the next two weeks. 2. From June to mid-July, foreign investors withdrew around US$450 million from the bond market and nearly US$100 million from the stock market due to increased inflation pressure and the US Fed indicating an end of quantitative easing. 3. Aug 1: Chandler Corporation purchased 8.3% of Masan Group for a total of 11.14% ownership. 4. Vietnam Airlines will seek to sell all of its shares and bonds in Techcombank as pat of the national restructuring plan for SOEs to divest from non-core businesses
  2. 2. Colliers International Investment Services Colliers International is a world leader in connecting capital with real estate investment opportunities. We provide breadth and depth of services to both international and local investors, de- velopers, and landowners. Colliers Vietnam is committed to help- ing our clients make informed deci- sions - whether it's through investing, divesting, or holding - to increase the value of their porfolios and achieve target liquidity, risk, and returns. We manage a portfolio of opportuni- ties that offer strong returns along a spectrum of well-understood levels of risk. This portfolio includes bare land, distressed developments, and income- producing properties across all market sectors - commercial, hotel, industrial, residential, and retail. Backed by an outstanding track record, wealth of knowledge and strong regional presence, our team is able to deliver the following services: Acquisitions >> Identify & secure opportunities to help you achieve your porfolio targets >> Assist/Conduct negotiation of let- ter of intent through to settlement of contract >> Conduct Market and Financial Due Diligence as well as advise on best use of land Dispositions >> Execute marketing of asset through our strong network of relationships with institutional investors, banks, developers and high net worth indi- viduals in Vietnam and throughout the Asia Pacific >> Conduct initial due diligence of in- terested parties prior to negotiation >> Assist/Conduct negotiation through to completion of divestment