|
Tiêu đề:
|
Vietnam Economics: Trip Takeaways and Debates
|
|
Loại báo cáo:
|
Kinh tế vĩ mô
|
|
Nguồn:
|
Morgan Stanley & Co. International
|
|
Chi tiết:
|
|
Ngày:
|
07/04/2009
|
Số trang:
|
7
|
Ngôn ngữ:
|
Tiếng Anh
|
Dạng tệp:
|
|
Quy mô:
|
80 Kb
|
|
|
Báo cáo này hữu ích?
|
(Có 0 bình chọn. Bạn phải đăng nhập để bình chọn.)
|
|
|
|
|
Tóm tắt:
|
Corporate guidance remained sanguine given the expectation that Vietnam would still register growth even as the developed world undergoes declines. In our view, however, what is more relevant is that Vietnam has also extracted growth delta from the global exuberance of the past few years via conduits of FDI, portfolio equity and exports. With develeraging, the liquidity booster has receded and with that, the growth delta. Moreover, corporates have expanded capacity on expectations of trailing performance and negative operating leverage seems inevitable.
|
|
|
|
|