May 6, 2012 (Vietnamica) — Americas Society provides an overview detailing the origin, characteristics, and purposes of the Trans-Pacific Partnership.
May 2, 2012 (Vietnamica) — Much of the focus on the Asian presence in Latin America is given to China. Vietnam – a market-oriented economy which grew at nearly 6 percent in 2011 – is quietly courting Latin American countries (Americas Society, May 4). The SEA country expects to increase its exports to the region three-fold to US$6 billion by 2015 and gain access to the region’s valuable commodity markets.
Insurance Australia Acquires Vietnam’s AAA AssuranceApril 17, 2012 (Vietnamica) — The Sydney-based Insurance Australia Group Ltd., (IAG) agreed to buy 30 percent stake in Ho Chi Minh city based AAA Assurance Corp. The deal value is less than US$20.7 million and the acquirer has option to raise its holding to 49 percent. The investment is subject to regulatory approval and is expected to be completed by June 2012 (Bloomberg, Apr 17).
April 4, 2012 (Vietnamica) — The Obama administration “pivot” to the Pacific, formally announced by Secretary of State Hillary Clinton last November and reiterated more recently by the president himself, might appear like a reassertion of America’s imperial tendencies just at the time when Washington should be concentrating on the domestic economy. But in fact, the pivot was almost inevitable.
March 20, 2012 (Vietnamica) — Bain & Company, a leading adviser to the private equity (PE) industry and its stakeholders, has released Global Private Equity Report 2012. The following is ‘The Southeast Asia opportunity’ section extracted from the Report.
March 12, 2012 (Vietnamica) – The AusAid and the World Bank have signed a strategic partnership agreement on supporting Vietnam’s long-term economic development in the next five years. In light of this, AusAid will provide WB with an AUD58-million (US61.12 million) package in the WB’s programs of investment in and advices to Vietnam (VBN, Mar 12).
