Invest ASEAN: Foreign companies keen on Vietnam
A
representative from the Bao Viet Group said that many major
corporations, including France’s BNP Paribas Management Partners bank
and Japan’s Nomura Asset Management and Nikko Asset Management Asia Ltd,
worked with the group to learn about it and seek investment
opportunities in Vietnam.
Leaders of Vietnamese businesses all agreed that the conference offered a venue for investors to meet and seek partners.
John Chong, CEO of Maybank Kim Eng Group, said that Invest ASEAN drew
70 companies from six ASEAN member countries - Indonesia, Malaysia, the
Philippines, Singapore, Thailand and Vietnam.
It also saw the participation of representatives of corporations from 17
countries with a total market capitalisation of 135 billion USD as well
as funds totalling over 14 trillion USD in assets under management.
The event aimed to enhance investors’
awareness and understanding of the investment potential in ASEAN as well
as spur investments into the region.
President
and CEO of Malaysia’s Maybank Group Datuk Abdul Farid Alias expressed
his optimism at Vietnam’s financial restructuring and state-owned
enterprise equitisation, saying that the group has added 15 million USD
to the Maybank Kim Eng Group’s activities in Vietnam.-VNA