News dalla rete ITA

5 Ottobre 2023

Vietnam

VIỆT NAM OUTLOOK POSITIVE FOR ATTRACTING INVESTMENT

Green energy, semiconductors, healthcare and high-tech are among the sectors in which Việt Nam attracts the most interest from foreign investors, according to VinaCapital Group.VinaCapital recently hosted a delegation of 30 Taiwanese firms, showcasing the growing interest in investment opportunities in the Vietnamese market.Andy Ho, VinaCapital’s chief investment officer, emphasised that foreign direct investment in Việt Nam is expected to surge to an estimated US$20-25 billion this year.The Vietnamese GDP is projected to grow at 4.7 per cent this year and accelerate to 6.5 per cent in 2024.With the highlighted factors supporting Việt Nam’s long-term growth, including a positive demographic structure, an expanding middle class, and an enhancement in the complexity of "Made in Vietnam" products, attracting investment from major companies such as Samsung, Apple, and Intel.Regarding the outlook of the Vietnamese securities market, Nguyễn Hoài Thu, managing director and head of investment at VinaCapital, noted that Vietnam's stock market currently offers an attractive valuations compared to its regional counterparts.She predicted that earnings of listed companies, which hit a low in the fourth quarter of the previous year, would gradually recover and are expected to average 25 per cent in 2024.The 2023 Investor Conference has drawn over 150 guests from around the world, managing assets exceeding $1 trillion. The event, spanning two days, coincides with VinaCapital’s 20th anniversary and features a diverse array of speakers representing various industries and sectors.Key topics to be discussed at the conference include economic and stock market outlooks, FDI trends, logistics infrastructure, updates on VinaCapital’s funds, investment opportunities in renewable energy, the evolution of ESG investing in Việt Nam, growth capital and Việt Nam’s emerging economy, domestic consumption resilience, real estate updates and opportunities, and VinaCapital Foundation initiatives.The US ambassador to Vietnam, Marc Knapper, spoke about the recent signing of the Vietnam-US Comprehensive Strategic Partnership and the potential economic co-operation and opportunities it presents for both countries.These conferences allow current and prospective investors to witness Vietnam's growth first-hand and gain unique insights from experts. (ICE HO CHI MINH CITY)


Fonte notizia: Vietnam News