PXP

Credit growth is picking up again in Vietnam. Is the country on course for another bout of rising NPLs and can it develop better tools to manage the fallout?

After dislodging the state owned sector at home, leading private sector players are starting to develop regional footprints.

Equity capital markets are enjoying a breakout year as issuance levels gather momentum.

Wary of unintended consequences that may follow amended foreign investment rules, Vietnam takes up the debate with a cautious eye pinned on its northern neighbour.

Recent moves by bureaucrats and politicians have local financiers hopeful that the government will limit state involvement in key sectors.

Changes to taxation for new listings should boost prospects for PXPÆs third Vietnamese equities fund.