Vietnam eyes investment opportunities in Myanmar, Indonesia
(VOVworld) - Myanmar and Indonesia are potential markets for Vietnamese investors due to their young population, economic and great consumer demand with an annual 2-digit growth. The remark was made at a seminar for economists and exporters in Ho Chi Minh City on Tuesday. To make long-term investments in these markets, participants suggested Vietnamese enterprises invest more product quality to create brand identities rather than competitive prices. Le Duc Duy, Marketing Director of the Vinamit Company, which specializes in food processing, said: “Vietnamese businesses will enjoy an advantage when they invest in Myanmar whose manufacturing is undeveloped. We can compete in the areas of consumer goods, beverages, confectionery, and cosmetics."
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A delegation of Vietnamese enterprises conducted a survey of the Indonesian market
at the end of August (Photo: daisuhangviet.vn) |