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Foreign investors believe in VN’s economic prospect
Date: 10/31/2012 9:15:02 AM
Investors who are seeing long-term potential in Viet Nam have a belief in measures the country’s government has taken to strengthen the economic recovery.

The attitude was recently showed indeed by a Malaysian bank through opening its 4 th branch in Binh Duong Province.

Talking with the press in Ho Chi Minh City on September 26 on the occasion, Ms. Yvonne Chia, CEO of Malaysian-owned Hong Leong Bank said most foreign investors believe in Viet Nam’s economic development prospects, which also include lucrative business in its banking system.

Ms. Chia stated that Viet Nam’s macro-economic management and bank restructuring scheme will help banks in the country develop strongly and stably.

The State Bank of Viet Nam is well dealing with liquidity, interest rates and foreign exchange rates, she said.

Meanwhile, Chief Representative of the Germany Chamber of Commerce and Industry in Viet Nam, Marko Walde, said that in ASEAN, Viet Nam ranks only after Singapore in facilitation for investors to penetrate into its markets.

Executive Director of the Japan Chamber of Commerce and Industry Toshio Nakamura said that the number of Japanese firms coming to invest in Viet Nam will double or triple in the coming time. Many Japanese companies located in other countries want to transfer capital to other destinations in Asia, including Viet Nam.

(Source:Government Web Portal)
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