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Analysis Reports
Stockbiz.vn analysis reports provides a comprehensive and complete analysis of the industry, business and economic issues.
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Title:
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VIETNAM FREIGHT TRANSPORT REPORT Q1 2013
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Category:
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Market Overview
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Source:
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Business Monitor International Ltd.
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Sector:
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Company:
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Detail:
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Date:
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12/14/2012
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Pages:
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57
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Language:
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English
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File Type:
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Size:
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462 Kb
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How useful is this report?
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Summary:
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BMI do not envisage a strong pickup in Vietnamese exports due to growing evidence of a lacklustre recovery in global demand in 2013, which will have a knock-on effect on the country's freight industry. Additionally, Vietnam's main export partners, the US, China and Japan, are all finding it hard to shake off the economic hangover of 2012. That said, Vietnam's economy remains on track for a robust recovery in 2013, and we view consensus estimates on growth as being overly pessimistic. Also, looking at the breakdown of exports, BMI are seeing encouraging evidence that Vietnam is becoming less reliant on refined crude imports (dominantly petroleum imports) and could soon become a net exporter of crude oil
over the coming years.
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