(VEN) - The Vietnam Business Challenge Fund (VBCF) will provide Vietnamese private businesses with grants to a maximum level of US$800,000 to help them develop a creative business model which benefits low-income people. What are VBCF's views on the Vietnamese market? Vietnam has made a shift from developing an agriculture-based economy to promoting the manufacture of products with added value. Vietnam has been considered as one of the fastest growing economies in the world over the last several decades. Based on significant economic development achievements, Vietnam has become a middle-income country. However, as we know, millions of Vietnamese people in rural and suburban areas still have no access to the market and basic services as well as opportunities for increased incomes. These people represent a potential market segment for businesses to develop through cooperation with them. VBCF was established in Vietnam in November 2012. Could you tell us about its goals? VBCF's … [Read more...] about Investment opportunities for private businesses
Investment opportunities
Trade Potential and Investment Opportunities between ASEAN and EU
In conjunction with the 19th ASEAN Economic Ministers Retreat organised in Hanoi from March 7 to 9, 2013, the Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with the Vietnamese Ministry of Industry and Trade, the European Union Delegation in Vietnam, and the European Chamber of Commerce in Vietnam (EuroCham), held the third ASEAN - EU Business Summit (AEBS), drawing about 500 EU, ASEAN and Vietnamese companies. The summit is a very high profile event, enabling the ASEAN and European business communities to discuss opportunities and challenges in the region and provide concrete recommendations for how to further improve the business environment. Specially, this year’s event has the attendance of Vietnamese Prime Minister Nguyen Tan Dung, European Trade Commissioner Karel de Gucht, Vietnamese Minister of Industry and Trade Vu Huy Hoang, and ASEAN Secretary General Le Luong Minh. Given the current context, it is important to organise big events to introduce … [Read more...] about Trade Potential and Investment Opportunities between ASEAN and EU
US eyes investment opportunities in VN’s infrastructures
A number of leading US firms in energy products/services and infrastructure development are trying to gain a foothold in Vietnam's future projects in their fields of operation. They are studying Vietnam, as well as Indonesia, in an ongoing 6-day visit led by Francisco Sánchez, US Under Secretary of International Trade. The US trade mission is accompanied by eight companies, including General Electric, Honeywell International Inc, Black and Veatch, Cisco Systems, Oshkosh Corporation, Westinghouse Electric Company, WorleyParson LLC, and The Shaw Group. A team from the mission, led by USTDA (US Trade Development Agency) director Leocadia I.Zak, has also paid a visit to Ho Chi Minh City and the southern region while seeking investment opportunities. "The goal of the US Infrastructure Trade Mission was to find opportunities to meet Viet Nam's demand for infrastructure development in several sectors including energy, environment, and public transportation," Leocadia I.Zak … [Read more...] about US eyes investment opportunities in VN’s infrastructures
Vietnam investment opportunities “good”; UK trade executive
During a two-day visit to Ho Chi Minh City starting Sept. 15, UK Trade and Investment Chief Executive Sir Stephen Brown gave an interview to Thanh Nien on how Vietnam can attract investment from the UK: The UK ranks twelfth in investment in Vietnam with registered capital hitting $US 1.98 billion. It is clearly not a huge number. Could you explain why? UK companies only make investments if they are certain that there is going to be a return in their investment over the long term. When they are sure they will make a profit, then they will be happy to invest. … [Read more...] about Vietnam investment opportunities “good”; UK trade executive
Foreign economist says best investment opportunities in 2012 are in Vietnam
- Vietnam's stocks are now too cheap and too attractive this is the comment of "Why you should invest in Vietnam", an article published on Forbes recently. Peter Cohan, the author of the article, wrote that in the visit to Singapore in January, he met an experienced investment fund manager. The manager affirmed that investing in Indonesia, the market which was considered as attractive in 2011, has become "out of fashion," and that the best investment opportunities in the region are now in Vietnam. Vietnam's stocks have become very cheap. The manager could list 20 shares in Vietnam which have the ratio of price on earning (P/E) at two times and the dividend yield at 12 percent at least. Shares are believed to have reasonable price levels if the ratio of the P/E and income growth is 1.0 and less. Meanwhile, the ratio for Vietnamese shares is 0.14 - an ideal level. The investment fund manager has also pointed out that the dividend yield, i.e. the ratio between dividends and … [Read more...] about Foreign economist says best investment opportunities in 2012 are in Vietnam