Business

Conference seeks to lure Chinese investments in Vietnam

The Bank of China in Ho Chi Minh City and China’s Shenzhen Stock Exchange held a conference in HCM City on December 5, aiming to seek cooperation with Vietnamese securities companies to lure Chinese investment to Vietnam.
HCM City (VNA) – The Bank of China in Ho Chi Minh City and China’s Shenzhen StockExchange held a conference in HCM City on December 5, aiming to seekcooperation with Vietnamese securities companies to lure Chinese investment toVietnam.

Speaking at the conference, a representative from the Vietnamese Ministry ofPlanning and Investment said Vietnam is exceptional among major markets inSoutheast Asia.

The official explained that in the first 11 months of this year, especiallyNovember, many foreign companies participated in divestments of Vietnam’s State-rungroups and corporations.

Vietnam’s stock market has grown the best in the region, even surpassingThailand, Indonesia and the Philippines, with the index up 45 percent comparedwith earlier this year, the official said.-VNA


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