Vietnamese economy in transition offers wealth of opportunities for investors
(VOVworld) - An investment forum opened in Ho Chi Minh City on Thursday to review national potential to lure investors. Delegates agreed on national strengths including a young population with eagerness to learn and increasing mid-income population. Deputy Director of the Central Institute of Economic Management, Dr Vo Tri Thanh, hailed upcoming free trade deals and state owned enterprises reform as major investment opportunities:
“Vietnam has great long-term investment potential thanks to its location in the world economic hub. Vietnam will integrate further with the global economy following upcoming free trade deals to be signed this year and next, especially the Trans Pacific Partnership agreement.”
Financial experts called for more support to the banking sector and improvement in the legal framework to fuel corporate financing.