skip to main content

Vietnam, Cambodia and Laos

Macro View

Markets

Finance & Banking

Geostrategic & Long Term Issues

RGE's Q3 2010 Outlook

Vietnam: Robust domestic demand, along with export growth of 15.7% y/y, drove Vietnam's economy to expansion of 6.16% y/y in H1 2010. Concerns about macroeconomic stability have eased somewhat since early 2010 as currency devaluations, slowing inflation and credit growth and better-than-expected exports and FDI disbursements have reduced risks of a balance of payments or currency crisis. Sluggish G3 recoveries notwithstanding, resilient domestic demand will help Vietnam grow from 5.3% y/y in 2009 to 6.3% y/y in 2010 and 6.9% y/y in 2011.

Read the Q3 2010 Vietnam Outlook

Cambodia: The global recovery will improve exports and tourism receipts and attract foreign investors, especially from Vietnam, China and South Korea, into the agriculture, real-estate and oil and gas sectors. However, the battered garment industry will continue to struggle due to a weak recovery in the U.S., the largest market for Cambodia’s textile exports.

Laos: Laos weathered the global recession well, growing 5.5-6.5% in 2009, led by the strong commodity sector. But investment slowed, exports to Thailand, its largest market, declined and hydropower projects were put on hold. Laos’s economic prospects look brighter in 2010 with the delayed Nam Theun II dam project back in motion, high commodity prices boosting the mining sector and investment and tourism rebounding.

Read the Q3 2010 Other Southeast Asia Outlook

RGE Analysis

ASIA FOCUS

Policy Hits and Misses

Arpitha Bykere, Adam Wolfe, Michael Manetta and Mikka Pineda Sep 2, 2010

GLOBAL ECONOMIC OUTLOOK

Asia/Pacific: Q3 2010 Outlook

By Arpitha Bykere Jul 12, 2010

GLOBAL ECONOMIC OUTLOOK

Vietnam: Q3 2010 Outlook

By Michael Sieburg and Arpitha Bykere Jul 10, 2010

GLOBAL ECONOMIC OUTLOOK

Other Southeast Asia: Q3 2010 Outlook

By Michael Sieburg and Arpitha Bykere Jul 10, 2010

GLOBAL ECONOMIC OUTLOOK

Vietnam: Q2 2010 Outlook

By Michael Sieburg and Arpitha Bykere Apr 12, 2010

GLOBAL ECONOMIC OUTLOOK

Other Southeast Asia: Q2 2010 Outlook

By Michael Sieburg and Arpitha Bykere Apr 12, 2010

GLOBAL ECONOMIC OUTLOOK

Cambodia: Q1 2010 Outlook

By Michael Sieburg and Arpitha Bykere Jan 30, 2010

GLOBAL ECONOMIC OUTLOOK

Laos: Q1 2010 Outlook

By Michael Sieburg and Arpitha Bykere Jan 30, 2010

GLOBAL ECONOMIC OUTLOOK

Vietnam: Q1 2010 Outlook

By Michael Sieburg and Arpitha Bykere Jan 30, 2010

Vietnam Economic Outlook, Q4 2009

Arpitha Bykere Oct 7, 2009

Vietnam Economic Outlook, Q3 2009

Arpitha Bykere Jul 24, 2009

EconoMonitors

Asia EconoMonitor

East Asia’s On/Off Switch

Arpitha Bykere and Adam Wolfe Jul 15, 2010

Asia EconoMonitor

Thailand's Ex-PM Thaksin Traveling Too Close for Comfort?

Melissa Fabros Feb 2, 2010

Emerging Markets Monitor

Vietnam Funds Rekindle Vietnam Fire

James Borton Aug 13, 2008

Daily Digest

News

Electricity of Vietnam Seeking Banks for $1 Billion Bond Sale

Bloomberg BusinessWeek  Sep 07, 2010

News

New model needed in Vietnam

Asia Times  Anh Le Tran Sep 07, 2010

Analysis

Afloat on a Chinese tide

The Economist  Sep 03, 2010

News

HCM City banks loan $31.8b

Intellasia  Sep 02, 2010

News

Free trade deals receive mixed reviews

VietNamNet  Sep 02, 2010

News

Vietnam: Inflation on the backfoot

VietNamNet  Sep 02, 2010

News

Vietnam economy may grow faster than expected in 2010

Reuters  Ho Binh Minh Sep 01, 2010

News

HCM City foresees 12pct annual growth

Intellasia  Aug 31, 2010

Opinions

Vietnam too dependent on imports

Intellasia  Aug 31, 2010

News

Vietnam: Firms feel heat from FX changes

Vietnam Investment Review  Nguyen Thanh Aug 31, 2010

News

Vietnam attracts $9.128b FDI capital in first seven months

Intellasia  Dau Tu Nuoc Ngoai Aug 31, 2010

Opinions

China's overseas resource investments: Minmetals a model for China's leaders

Sydney Morning Herald  John Garnaut Aug 31, 2010

Opinions

Citi's Vietnam head gives his views on the country's outlook

Finance Asia  Lara Wozniak Aug 30, 2010

Blogs

The trouble with the China model for Vietnam

The Call, Eurasia Group  Ian Bremmer Aug 26, 2010

News

Vietnam: SBV keeps base rate unchange at 8% for Sept

Vietnam Business News  Aug 26, 2010

News

Cambodia economy: Inflation slows

EIU  Aug 25, 2010

Analysis

Vietnam: Interest rate forecast

EIU  Aug 25, 2010

News

Thailand, Cambodia Exchange Ambassadors

Wall Street Journal  Aug 25, 2010

News

Vietnam: Trade deficit passes $8 billion

Vietnam News  Aug 25, 2010

News

Vietnam: Apparel export up 16pct

Intellasia  Aug 25, 2010

News

Vietnam Injects More Low-Cost Funds to Help Cut Interest Rates

Vietnam Business Forum  Aug 24, 2010

News

Economists Predict Vietnam to Devalue Dong Further by End-2010

Vietnam Business Forum  Aug 24, 2010

Analysis

China's Water Grab

Foreign Policy  John Lee Aug 24, 2010

News

Thailand, Cambodia to restore ties

The Straits Times  Nirmal Ghosh Aug 24, 2010

News

Hanoi intl' trade dips in August

Intellasia  Aug 23, 2010

News

Vietnam must rethink growth strategy: analysts

Tuoi Tre News/ AFP  Aug 23, 2010

Analysis

Asia Weekly Watch: Market sentiment stays weak on slowing global growth

BBVA  Stephen Schwartz et al Aug 23, 2010

News

Cambodia to issue updated rice policy soon

CommodityOnline  Aug 23, 2010

Blogs

Thailand-Cambodia agreement!

New Mandala  Andrew Walker Aug 20, 2010

News

Vietnam’s Dong Has Worst Week Since February on Devaluation

Bloomberg  Diep Ngoc Pham Aug 20, 2010

Opinions

Interview: Douglas Clayton on investing in the frontier markets

International Business Times  Interview: Douglas Clayton on investing in the frontier markets Aug 20, 2010

News

Dr Mark Mobius on Asia’s emerging markets

Property Report  Aug 20, 2010

News

Mekong rail link approved

AFP  Aug 20, 2010

News

Japan picks infrastructure projects in Vietnam

Tuoi tre  Aug 20, 2010

News

Vietnam banks race to maximise US dollar selling band

Intellasia | Thoi Bao Kinh Te Vietnam  Aug 20, 2010

News

Vietnam PM asks central bank to review its Circular 13

Intellasia | ChinhPhu  Aug 20, 2010

News

Vietnam: Garment exports increase, but difficulties ahead

VietnamNet Bridge  Aug 20, 2010

News

Vietnam: Dollar rise squeezes importers

VietnamNet Bridge  Aug 20, 2010

News

Vietnam: Pundits foresee more weakness for the dong

VietnamNet Bridge  Aug 20, 2010

Opinions

Vietnam's Defensive Diplomacy

WSJ  Aug 19, 2010

Blogs

Cambodia moves to increase exports of its "white gold" (rice)

East Asia & Pacific on the rise  Stéphane Guimbert Aug 19, 2010

News

Cambodia: Slight inflation bodes well for the Kingdom

The Phnom Penh Post  Nguon Sovan Aug 19, 2010

News

Cambodia: Keeping the garment sector healthy

The Phnom Penh Post  May Kunmakara Aug 19, 2010

News

Vietnam: Import prices rise with dollar increases

VietnamNet Bridge  Aug 19, 2010

Analysis

A survey of Vietnam: How long can the party last?

The Economist  Apr 24, 2008

News

Vietnam Dong Slumps to Record Low as Adviser Warns of ‘Shock’

Bloomberg  Patricia Lui Aug 19, 2010

News

The growth of green in Vietnam’s property sector

Property Report  Kanchana Paha Aug 18, 2010

Blogs

[Hey Bric Spender] Gadget-loving Vietnam goes shopping

FT Beyond Brics  Matt Steinglass Aug 18, 2010

News

Cambodia: Garments make gains

The Phnom Penh Post  May Kunmakara and Sun Mesa Aug 18, 2010

News

Vinashin committee works on restructuring group

VietnamNet Bridge  Aug 18, 2010

News

Vietnam: July trade deficit lower than forecast

Intellasia | Thoi bao kinh te Saigon  Aug 18, 2010

Research

An End to Engagement? U.S. to Push for Burma Inquiry

Foreign Policy  Colum Lynch Aug 17, 2010

News

Vietnam: SBV adjusts VND/USD interbank exchange rate

State Bank of Vietnam  Aug 18, 2010

News

Vietnam Devalues Its Currency as Equities Approach Bear Market

Bloomberg  Jason Folkmanis and Patricia Lui Aug 18, 2010

News

Vietnam Dong Weakens to Record After Devaluation

Bloomberg  Patricia Lui and Nguyen Kieu Giang Aug 18, 2010

News

More Vietnamese abroad send money back to their homeland

USA Today  Kathy Chu Aug 18, 2010

Analysis

Vietnam finance: Currency devalued

EIU  Aug 18, 2010

News

Vietnam Devalues Dong by 2.1%

WSJ  Aug 18, 2010

News

UPDATE 1-Vietnam to devalue dong to control trade deficit

Reuters  John Ruwitch and Ho Binh Minh Aug 17, 2010

News

Vietnam to Allow Weaker Dong, Sets New Reference Rate

Bloomberg  Beth Thomas Aug 17, 2010

News

Delayed or mismanaged projects in Vietnam risk loss of licence

Property Report  Andrew Batt Aug 17, 2010

News

Vietnam: Slow cash flows may hinder national economic growth, economists say

Intellasia | Saigon Tiep Thi  Aug 17, 2010

News

Vietnam: Bank credits to be tightened on SBV new rules

Intellasia | Dau Tu  Aug 17, 2010

News

Vietnam: House-for-lease demand to grow as more expats return

Intellasia | The Saigon Times Daily  Aug 17, 2010

News

Vietnam: Cooling market impacts property companies

Intellasia | Vietnamnews  Aug 17, 2010

Analysis

Asia Pacific Economic Outlook - August 2010

Deloitte  Ira Kalish et al Aug 16, 2010

News

$1.2b power plant in Laos

AFP  Aug 16, 2010

News

Vietnam: Prices of many commodities predicted to rise in August

Intellasia | Vietstock  Aug 16, 2010

News

Tensions remain on Vietnam's forex market

Intellasia | Lao Dong  Aug 16, 2010

News

Vietnam: Bank capital woes depress shares

VietnamNet Bridge  Aug 16, 2010

News

Vietnam: Programme to hold prices stable

VietnamNet Bridge  Aug 16, 2010