DOCSLIB.ORG

Q2 2015 Vietnam

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Q2 2015 Vietnam Q2 2015 www.businessmonitor.com VIETNAM INFRASTRUCTURE REPORT INCLUDES 10-YEAR FORECASTS TO 2024 ISSN 1750-5593 Published by:Business Monitor International Vietnam Infrastructure Report Q2 2015 INCLUDES 10-YEAR FORECASTS TO 2024 Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: January 2015 Business Monitor International © 2015 Business Monitor International Senator House All rights reserved. 85 Queen Victoria Street London All information contained in this publication is EC4V 4AB copyrighted in the name of Business Monitor United Kingdom International, and as such no part of this Tel: +44 (0) 20 7248 0468 publication may be reproduced, repackaged, Fax: +44 (0) 20 7248 0467 redistributed, resold in whole or in any part, or used Email: [email protected] in any form or by any means graphic, electronic or Web: http://www.businessmonitor.com mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor International makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained. Vietnam Infrastructure Report Q2 2015 CONTENTS BMI Industry View ............................................................................................................... 7 SWOT .................................................................................................................................... 9 Infrastructure SWOT .................................................................................................................................. 9 Industry Forecast .............................................................................................................. 11 Construction And Infrastructure Forecast Scenario ........................................................................................ 11 Table: Construction And Infrastructure Industry Data (Vietnam 2012-2017) ......................................................................... 11 Table: Construction And Infrastructure Industry Data (Vietnam 2018-2023) ......................................................................... 13 Conducive Monetary Conditions ............................................................................................................... 16 Improving Economic Environment ............................................................................................................. 17 Renewed Interest From Foreign Investors ................................................................................................... 18 Potential Not Maximised ......................................................................................................................... 19 Transport Infrastructure - Outlook And Overview .......................................................................................... 22 Table: Transport Infrastructure Industry Data (Vietnam 2012-2017) ................................................................................. 22 Table: Transport Infrastructure Industry Data (Vietnam 2018-2023) ................................................................................. 23 Table: Competitiveness Of Vietnam©s Infrastructure ................................................................................................... 25 Table: Vietnam Railway Corporation©s Main Targets ................................................................................................. 32 Major Projects Table - Transport .............................................................................................................. 41 Table: Major Projects - Transport ...................................................................................................................... 41 Energy And Utilities Infrastructure - Outlook And Overview ............................................................................ 56 Table: Energy And Utilities Infrastructure Data (Vietnam 2013-2018) ................................................................................ 56 Table: Energy And Utilities Infrastructure Data (Vietnam 2019-2024) ................................................................................ 57 Major Projects Table - Energy & Utilities ................................................................................................... 72 Table: Major Projects - Energy & Utilities ............................................................................................................. 72 Residential/Non-Residential Building - Outlook And Overview ......................................................................... 84 Table: Residential and Non-Residential Building Industry Data (Vietnam 2013-2018) ............................................................... 84 Table: Residential and Non-Residential Building Industry Data (Vietnam 2019-2024) ............................................................... 85 Table: Major Projects Table - Residential/Non-Residential Construction & Social Infrastructure ................................................... 90 Industry Risk Reward Ratings .......................................................................................... 92 Vietnam - Infrastructure Risk/Reward Index ................................................................................................. 92 Vietnam Risk/Reward Index ..................................................................................................................... 92 Rewards .............................................................................................................................................. 92 Risks .................................................................................................................................................. 93 Asia Pacific - Infrastructure Risk/Reward Index ............................................................................................ 95 Developed Markets: Favoured .................................................................................................................. 96 Giants Of Asia: Rewards Sizeable, Risks Sizeable ......................................................................................... 98 South East Asia: Environment Deteriorating Slightly .................................................................................... 99 Table: Asia Pacific Infrastructure Risk Reward Index ................................................................................................ 101 Market Overview ............................................................................................................. 102 © Business Monitor International Page 4 Vietnam Infrastructure Report Q2 2015 Competitive Landscape ........................................................................................................................... 102 Table: Vietnam EQS Data ............................................................................................................................. 102 Company Profile .............................................................................................................. 103 Cavico Corporation ............................................................................................................................... 103 Electricity Vietnam Group ....................................................................................................................... 106 Global Infrastructure Overview ...................................................................................... 111 Industry Trend Analysis .......................................................................................................................... 111 Table: Multilaterals and Development Bank Infrastructure Support Programmes ................................................................... 116 Methodology .................................................................................................................... 118 Industry Forecast Methodology .............................................................................................................. 118 Sector-Specific Methodology .................................................................................................................. 119 Risk/Reward Index Methodology ............................................................................................................. 123 Sector-Specific Methodology .................................................................................................................. 124 Table: Infrastructure Risk/Reward Index Indicators .................................................................................................. 124 Table: Weighting Of Indicators ........................................................................................................................ 125 © Business
Load more

Recommended publications
  • Q2 2014 Vietnam
    Q2 2014 www.businessmonitor.com VIETNAM INFRASTRUCTURE REPORT INCLUDES 10-YEAR FORECASTS TO 2023 ISSN 1750-5593 Published by:Business Monitor International Vietnam Infrastructure Report Q2 2014 INCLUDES 10-YEAR FORECASTS TO 2023 Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: January 2014 Business Monitor International © 2014 Business Monitor International Senator House All rights reserved. 85 Queen Victoria Street London All information contained in this publication is EC4V 4AB copyrighted in the name of Business Monitor United Kingdom International, and as such no part of this Tel: +44 (0) 20 7248 0468 publication may be reproduced, repackaged, Fax: +44 (0) 20 7248 0467 redistributed, resold in whole or in any part, or used Email: [email protected] in any form or by any means graphic, electronic or Web: http://www.businessmonitor.com mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor International makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained.
    [Show full text]
  • Country IATA ICAO Airport Name Location Served 남극 남극 TNM SCRM Teniente R. Marsh Airport Villa Las Estrellas, Antarctica 남아메리카-남동부 아르헨티나 MDZ SAME Gov
    Continent Country IATA ICAO Airport name Location served 남극 남극 TNM SCRM Teniente R. Marsh Airport Villa Las Estrellas, Antarctica 남아메리카-남동부 아르헨티나 MDZ SAME Gov. Francisco Gabrielli International Airport (El Plumerillo) Mendoza, Argentina 남아메리카-남동부 아르헨티나 FMA SARF Formosa International Airport (El Pucú Airport) Formosa, Argentina 남아메리카-남동부 아르헨티나 RSA SAZR Santa Rosa Airport Santa Rosa, Argentina 남아메리카-남동부 아르헨티나 COC SAAC Concordia Airport (Comodoro Pierrestegui Airport) Concordia, Entre Ríos, Argentina 남아메리카-남동부 아르헨티나 GHU SAAG Gualeguaychú Airport Gualeguaychú, Entre Ríos, Argentina 남아메리카-남동부 아르헨티나 JNI SAAJ Junín Airport Junín, Buenos Aires, Argentina 남아메리카-남동부 아르헨티나 MGI SAAK Martín García Island Airport Buenos Aires Province, Argentina 남아메리카-남동부 아르헨티나 PRA SAAP General Justo José de Urquiza Airport Paraná, Entre Ríos, Argentina 남아메리카-남동부 아르헨티나 ROS SAAR Rosario - Islas Malvinas International Airport Rosario, Argentina 남아메리카-남동부 아르헨티나 AEP SABE Jorge Newbery Airpark Buenos Aires, Argentina 남아메리카-남동부 아르헨티나 LCM SACC La Cumbre Airport La Cumbre, Córdoba, Argentina 남아메리카-남동부 아르헨티나 COR SACO Ingeniero Ambrosio L.V. Taravella International Airport (Pajas Blancas) Córdoba, Córdoba, Argentina 남아메리카-남동부 아르헨티나 DOT SADD Don Torcuato International Airport (closed) Buenos Aires, Argentina 남아메리카-남동부 아르헨티나 FDO SADF San Fernando Airport San Fernando, Buenos Aires, Argentina 남아메리카-남동부 아르헨티나 LPG SADL La Plata City International Airport La Plata, Buenos Aires, Argentina 남아메리카-남동부 아르헨티나 EZE SAEZ Ministro Pistarini International Airport Ezeiza (near Buenos Aires), Argentina 남아메리카-남동부 아르헨티나 HOS SAHC Chos Malal Airport (Oscar Reguera Airport) Chos Malal, Neuquén, Argentina 남아메리카-남동부 아르헨티나 GNR SAHR Dr. Arturo Umberto Illia Airport General Roca, Río Negro, Argentina 남아메리카-남동부 아르헨티나 APZ SAHZ Zapala Airport Zapala, Neuquén, Argentina 남아메리카-남동부 아르헨티나 LGS SAMM Comodoro D.
    [Show full text]
  • Vietnam Infrastructure Report INCLUDES BMI's FORECASTS
    Q1 2013 www.businessmonitor.com VIETNAM INFRASTRUCTURE REPORT INCLUDES BMI'S FORECASTS ISSN 1750-5593 Published by Business Monitor International Ltd. VIETNAM INFRASTRUCTURE REPORT Q1 2013 INCLUDES 10-YEAR FORECASTS TO 2021 Part of BMI's Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: October 2012 Business Monitor International © 2012 Business Monitor International. 85 Queen Victoria Street All rights reserved. London EC4V 4AB All information contained in this publication is UK copyrighted in the name of Business Monitor Tel: +44 (0) 20 7248 0468 International, and as such no part of this publication Fax: +44 (0) 20 7248 0467 may be reproduced, repackaged, redistributed, resold in Email: [email protected] whole or in any part, or used in any form or by any Web: http://www.businessmonitor.com means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor International makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained. Vietnam Infrastructure Report Q1 2013 © Business Monitor International Ltd Page 2 Vietnam Infrastructure Report Q1 2013 CONTENTS BMI Industry View ...........................................................................................................................................
    [Show full text]
  • 080318 Intellasia Finance Vietnam
    finance & business news 8 March 2018 FINANCE . 1 VN packaging industry set for growth 26 Reference exchange rate down for second consecutive day 1 Is the home appliance market becoming saturated? 27 Moody's: Vietnam banks show widening divergence 2 How do e-commerce businesses overcome difficulties? 28 Banks race to attract deposits 3 Developers marching down to the riverside 28 Significant progress made in sustainable lending reforms 4 Honesty as the best marketing policy 30 Payment services: fierce competition in market share 4 PM directs boosting support for enterprise development 31 Bank cards carrying dozens of fees 6 Vietnamese startups: the other side of the coin 32 Higher power tariff for crypto mining 7 MARD helps small farmers find vendors 33 A shake-up in key bank personnel 7 Changing retail landscape and the rise of shopping malls 34 List of banks to make no dividend payment lasts longer this year 8 Industrial zone developers: High time for action 34 Small banks holding breath for upcoming AGMs 9 Central key economic zone invites US investors 36 VN important part of Japanese bank's 'Asia-centric' strategy 10 Foreign farmers pour investments in Da Lat 37 Japanese bank signs cooperation agreement with Vinh Phuc Sweden expects to cooperate with Vietnam in water treatment 38 province 10 BIZ NEWS . 38 VPBank shares granted with margin after 6 months 11 Business Briefs 08 March, 2018 38 Vietnam needs to capitalise on CPTPP agreement 11 VN Index loses 8 points on March 7 39 PM wants early-warning system for macro-economic risks 12
    [Show full text]
  • Vietjet Aviation Joint Stock Company Q2/2021 Presentation Aug 2021 Disclaimer
    VietJet Aviation Joint Stock Company Q2/2021 Presentation Aug 2021 Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE, ITS ACCURACY IS NOT GUARANTEED AND IT MAY NOT CONTAIN ALL MATERIAL INFORMATION CONCERNING THE COMPANY. NEITHER WE NOR OUR ADVISOR MAKES ANY REPRESENTATION REGARDING, AND ASSUMES NO RESPONSIBILITY OR LIABILITY FOR, THE ABILITY, THE ACCURACY OR COMPLETENESS OF, ANY ERRORS OR OMISSION IN, ANY INFORMATION CONTAINED HEREIN. IN ADDITION, THE INFORMATION MAY CONTAIN PROJECTIONS AND FORWARD-LOOKING STATEMENT THAT REFLECTS THE COMPANY'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND FINANCIAL PERFORMANCE. THESE VIEW ARE BASED ON CURRENT ASSUMPTIONS WHICH ARE SUBJECT TO VARIOUS RISK FACTORS AND WHICH MAY CHANGE OVER TIME. NO ASSURANCE CAN BE GIVEN THAT FUTURE EVENTS WILL OCCURS, THAT PROJECTIONS WILL BE ACHIEVED, OR THAT COMPANY ASSUMPTIONS ARE CORRECT. ACTUAL RESULT MAY DIFFER MATERIALLY FROM THOSE PROJECTED. THIS PRESENTATION IS STRICTLY NOT TO BE DISTRIBUTED WITHOUT THE EXPLICIT CONSENT OF THE COMPANY'S MANAGEMENT UNDER ANY CIRCUMSTANCES. Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN Global Airline Traffic Recovery Positive expectations for Vietnam airline traffic recovery VA recent Fitch Ratings report highlighted that Vietnam is the only country expected to recover up to 90% of its baseline airline traffic among the ASEAN countries. Passenger traffic in key APAC markets, with the exception of China and Vietnam, is expected to remain well bellow 2019 levels in 2021. There has already been a rapid recovery in traffic in China, which should continue absent another wave of the pandemic and there was low incidence of infection in Vietnam.
    [Show full text]
  • Vietjet Aviation Joint Stock Company Presentation
    VietJet Aviation Joint Stock Company Presentation Oct 2018 Company Overview (4) Ranking Vietjet Ranking Vietjet Business Description Pax Market Share vs. VN carriers vs. all carriers 21.0% 1 1 Having commenced operations in December 2011, VietJet had grown rapidly to become the largest 46.9% 18.3% airline in Vietnam after only 4 years of operations, commanding a market share of 45% and 43% by 42.9% 2 3 passenger count and capacity(5) respectively 14.2% 35.3% 2 5 Operating revenue CAGR was at 43% over 2015-17, while profitability has remained best-in-class (1) 4.9% with adjusted EBITDAR margin of 32.7% in 2017, compared to peer average of 27%-28% 35.0% 2 5 Went public in the country’s then-largest IPO in Feb 2017, with market capitalization having tripled 27.4% 27.4% 2 2 since then to reach ~USD 3.0bn 16.2% 49.6% 1 One of the most efficient airlines in the world with CASK 4.25 cents in 9M2018, RASK-CASK 0.63 1 10.3% cents, CASK Ex Fuel 2.37 cents. 15.2% 2 3 One of the youngest and fastest growing fleets in the world, further sustained by a large order book 6.2% 21.1% 3 7 of 371 aircraft to be delivered by 2025(3) 33.3% 49.6% 1 1 Load factor remains at 89% , amongst the highest in Asia Pacific, despite aggressive growth 45.0% 45.0% 1 1 MS Vietjet vs. all carriers MS Vietjet vs. Vietnamese Strong Projected Passenger Growth Growing Fleet supported by Orderbook Domestic Market Share(5) (millions of passengers) (# aircraft) By Passenger Count 66 Jetstar Others 70 30 Pacific 2% 15% 60 11 VietJet 25 24 45% FY12-18 FY12-18e 50 CAGR: 53.7% 20 CAGR: 69.8% Vietnam Air 17 40 13 2H18e 38% 15 14 30 55 By Capacity 50 Jetstar Others 10 9 Pacific 2.2% 20 41 15.0% 6 30 VietJet 11 1H18 44.8% 5 3 10 19 1 10 5 - Vietnam - FY12 FY13 FY14 FY15 FY16 FY17 FY18e Air FY12 FY13 FY14 FY15 FY16 FY17 FY18 38.0% Source: Company Information, CAPA; Note: (1) Excludes revenue and cost relating to sale-and-leaseback, (2) Lease adjusted, (3) As of 30 Jun 2018, (4) CAAV data as at H12018, (5) CAAV data for H1 2018 1 Route network map Source: Company Information 2 Source: Company Information.
    [Show full text]
  • Vietjet Aviation Joint Stock Company Business Results 2019
    Vietjet Aviation Joint Stock Company Business Results 2019 0 FINANCE &FINANCE ACCOUNTING & ACCOUNTING DIVISION DIVISION Contents i Business overview ii Operation highlights iii Financial highlights iv Events & Awards 1 FINANCE & ACCOUNTING DIVISION Business Overview Business description Strong passengers growth [million passengers] Having commenced operations in December 2011, 30 Current price VND 146,200 VietJet had grown rapidly to become the largest 23 25 airline in Vietnam after only 4 years of operations. 24 Market Cap USD 3.4bn Went public in the country’s then-largest IPO in Feb 18 17 2017, with market capitalization having tripled 14 Foreign Room USD 670mn since then to reach ~USD 3.4bn 12 9 State Ownedship 0.0% One of the youngest and fastest growing fleets 6 6 in the world, further sustained by a large order 3 1 Outstanding shares 523.8mn book ~200 aircraft to be delivered by 2025 0 One of the most of cost efficient airlines in the '12 '13 '14 '15 '16 '17 '18 '19 Fully listed shares 541.6mn world with CASK 3.96 cents, CASK ex-fuel 2.37 As of 31/12/2019 cents in 2019. Growing Fleet Load factor remains at 87%, amongst the high in 90 [# aircrafts] Asia Pacific, despite aggressive growth. 78 VJC Peers VNI 80 70 64 Domestic market share of capacity P/E (ttm) 18.5x 20.1x 15.8x 60 52 50 41 ROE 28.7% 7.6% 14.7% 6% 40 30 14% Vietjet 30 ROA 9.7% 0.7% 2.4% 43% Vietnam Airlines 19 20 10 Jetstar Pacific 10 5 Bamboo Airways 0 37% '12 '13 '14 '15 '16 '17 '18 '19 As of 31/12/2019 Including 9 Wet lease aircraft source: VN's securities companies, stock exchanges Average in 2019, source: CAPA, CAAV 2 FINANCE & ACCOUNTING DIVISION Vietjet’s 2019 Highlights Air transport revenue reached VND 41,252 billion ($1.8 bil.) this year, up 22% compare Network reached a total of 139 routes including 44 dom.
    [Show full text]
  • The Prime Minister ---Socialist Republic of Vietnam
    THE PRIME MINISTER SOCIALIST REPUBLIC OF VIETNAM -------- Independence - Freedom - Happiness ---------------- No. 355/QD-TTg Hanoi, February 25th 2013 DECISION APPROVING THE ADJUSTED STRATEGY FOR VIETNAM’S TRANSPORT DEVELOPMENT TOWARDS 2020, AND THE ORIENTATION TOWARDS 2030 THE PRIME MINISTER Pursuant to the Law on Government organization dated December 25th 2001; At the request of the Ministry of Transport, DECIDES; Article 1. Approving the adjusted strategy for Vietnam’s transport development towards 2020, and the orientation towards 2030, in particular: I. VIEWPOINTS ON DEVELOPMENT 1. Transport is a crucial component in the socio-economic infrastructure, one of the three breakthroughs, of which the investments needs prioritizing in order to develop rapidly and sustainably, for the purpose of creating a foundation for socio-economic development, ensuring National defense and security, and serving the industrialization and modernization of the country. 2. Utilize the geographical advantage and natural resources, especially the marine potential, to develop the transport system reasonably and reduce social costs. 3. Develop comprehensive and focused transport infrastructure, take careful steps and drastic steps in modernization in order to create a complete and continuous network to connect the means of transport, the areas, between rural areas and urban areas nationwide. Emphasize the maintenance and application of developed technologies, improve the productivity, and ensure the efficiency and sustainability when developing the existing
    [Show full text]