VN ranks third on HSBC Confidence Index

Vietnam came third out of 17 countries involved in the latest HSBC Trade Confidence Index with 132 points, followed by the UAE on 134 and India with 133.

The Southeast Asian country was place way beyond Hongkong and Singapore (both on 111), the two major financial centres in Asia.

According to the survey, foreign investors are keen on doing business as they have high hopes of a fast growing economy.

Business sentiments globally show an overall positive outlook with an average global reading of 116 on a scale from 0 to 200.

VOVNews

Tags: HSBC Confidence Index, vietnam bank, Vietnam finance, Vietnam financial

Posted by VBN on May 12 2010. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry