Hundreds of foreign investors arrive to explore Vietnam's investment opportunities
Wednesday, October 4,2023AsemconnectVietnam - More than 150 international investors attended the Investor Conference 2023 hosted by VinaCapital Group on October 3 in Ho Chi Minh City.
This year’s event witnessed the largest number of investors since the first conference held in 2005.
The annual event is part of efforts to introduce attractive investment opportunities in Vietnam to international investors. It offers a venue for participants to inquire about perspectives and viewpoints from various experts about Vietnam’s investment attraction policies.
According to Don Lam, CEO and Founding Partner of VinaCapital Group, almost all of the investors attending the conference were from the North Asian region, such as the Republic of Korea, and Japan, which represent conglomerates and investment funds managing approximately 1 trillion USD in capital.
The increase in the number of attendees this year demonstrates that Vietnam is becoming a more attractive investment destination than ever, he said, adding that this is a chance for VinaCapital experts to share deeper insights into attractive investment opportunities in the Vietnamese market.
Based on preliminary surveys, foreign investors are particularly interested in green transformation and the potential of the consumption sector in Vietnam, especially in the semiconductor and chip industry, Lam said, noting that this presents an opportunity for Vietnam to attract more medium and long-term capital inflows, thus contributing to sustainable economic growth in the future.
In addition to investment funds, VinaCapital Group is also focusing on sustainable development goals and green transformation, thus strengthening a solid foundation to promote strong and comprehensive economic growth, he went on.
Addressing the event, US Ambassador to Vietnam Marc Knapper highlighted the Vietnam – US comprehensive strategic partnership and pointed out economic cooperation opportunities between companies from the two countries.
Andy Ho, Chief Investment Officer of VinaCapital Group, said US President Joe Biden’s recent visit and the establishment of a comprehensive strategic partnership between the two nations is expected to have a significant and long-term impact on Vietnam’s economy.
The US is expected to increase its foreign direct investment (FDI) in Vietnam as a result of these developments, he said.
Source: Vietnamplus.vn
Gov't proposes to continue 2% interest rate support policy
Joint efforts needed for sustainable development of rice farming in Mekong Delta
Deposit interest rates anchored at low levels
Rubber exports earned 1.89 billion USD in first 9 months of 2023
DAILY: Vietnamese pepper prices remained unchanged on October 3
DAILY: Vietnamese coffee prices increased by 100 VND on October 3
Vietnam’s PMI falls slightly, new orders increase in September
Wood pellet, wood chip exports – a bright spot: official
Aquatic product exports see slight increase in September
Trade Office helps Vietnamese firms grasp opportunities in Canadian market
Vietnam’s overseas investment up 4.6% during nine months
Many export products recorded positive growth in 9 months
DAILY: Vietnamese pepper prices remained unchanged on October 2
DAILY: Vietnamese coffee prices remained unchanged on October 2
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...