Business

Foreign investors seek new opportunities in Vietnam

The second annual Vietnam Investment Summit opened in Ho Chi Minh City on Oct. 19, drawing over 100 representatives of investment funds and businesses at home and abroad.
The second annual Vietnam Investment Summit opened in Ho Chi Minh Cityon Oct. 19, drawing over 100 representatives of investment funds andbusinesses at home and abroad.

The two-day forum discusses themacro-economic environment in Vietnam and seek new investment anddevelopment opportunities in the country.
Addressing thefunction, Deputy Minister of Planning and Investment Dang Huy Dongpresented a strategy to attract more foreign direct investment inVietnam , which clarifies foreign investment attraction policies,introduces the Government’s investment priorities and solutions tomanage the monetary market and curb inflation.

Meanwhile, CEOof Standard Chartered Bank for Vietnam , Laos and Cambodia , LouisTaylor, voiced the expectation of stock market investors, saying thatVietnam has potential for good development.

TheVietnamese government needs to build confidence for investors throughstable macro-economic policy and close inflation control, he said.

CountryRepresentative of the Asia Development Bank in Vietnam, TomyoyukiKimura, introduced projects which are in need of investment capital andput forward measures to attract investors in sustainable projects withhis presentation on increasing public-private projects in Vietnam./.
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