Vietnam’s economy sees stable recovery: UK businessman

Vietnam’s macro economy has begun a sustainable recovery period, bringing opportunities on investment and job in the country, said Chief Executive Official of the UK’s Dragon Capital Group Dominic Scriven.
Vietnam’s macro economy has begun a sustainable recovery period,bringing opportunities on investment and job in the country, said ChiefExecutive Official of the UK’s Dragon Capital Group Dominic Scriven.

Duringhis recent talks with Vietnamese young intellectuals and studentsworking and studying in the UK, the executive stressed that a stable,though not strong, recovery seen in Vietnam’s stock market over the lastthree years is an important sign of the country’s economic recoverybecause it reflects the general situation in enterprises.

DominicScriven hailed the Vietnamese Government for its effort in acceleratingthe equitisation plans for State-owned enterprises (SOEs), citingsuccessful cases of Vocarimex (Vietnam Vegetable Oils IndustryCorporation) and Vinatex (Vietnam Natioal Textile and Garment Group). Headded that the process is going to attract great interest frominternational business communities.

The business leader saidyoung Vietnamese trained abroad are an asset for Vietnam and the countryshould try to better use this human resource for promoting development.

The Dragon Capital Group put Vietnam’s growth rate in 2014 at 6percent, the highest level since 2011. Positive indexes werereported, giving out signals of the economy’s new growth period.

Vietnam’sindustrial production saws a strong growth, while the country’sfinancial reforms and economic restructuring reaped remarkableoutcomes.-VNA

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