AEC FEED
Newly established firms in Vietnam up 21% in January
Vietnam saw 8,320 enterprises begin operations with total capital of 59.3 trillion dong (Bt95.6 billion) this month, according to the General Statistics Office.
This represents a 21.2-per-cent year-on-year increase in the number of new businesses, and an 87-per-cent increase in capital.
During the month, 4,872 firms also resumed operations, up 69.6 per cent against the same period last year.
This January had the highest number of firms resuming operation of any in the past few years. The numbers in January 2014 and January 2015 were 2,375 and 2,872 respectively.
However, the number of firms that either suspended or shut down operations during the month was also high. – Viet Nam News
Negative ratings mount in Asia Pacific
Negative pressure on the economic and operating environment for corporations in the Asia-Pacific region increased in the fourth quarter of last year, according to Moody’s.
The ratings agency expects the negative trend for corporations in the region to deepen this year.
The rating trend for Japanese corporations should remain stable in 2016, but headwinds are increasing, particularly for oil and oil-service issuers, and firms with large exposure to the Chinese economy.
Last year ended with 42 positive and 103 negative rating actions.
The adjusted rating trend tracker was at 0.41 times, similar to the 0.38 seen in 2014. However, the number of rating actions in 2015, both positive and negative, was higher. In 2014, there were 26 positive and 68 negative actions.
