(VEN) - The Vietnam Private Equity Investment Outlook 2019 released by Grant Thornton Vietnam reports that private investors are seeking new investment opportunities in Southeast Asia, especially Vietnam. Vietnam has become a manufacturing center in Southeast Asia Vietnam is among the most attractive investment destinations in ASEAN (the Association of Southeast Asian Nations) for private equity investment, according to the annual survey-based report by the international accounting and consulting network. The authors attribute this to official policies boosting the private economy, especially strongly growing startups that they forecast will be one of the four driving forces for Vietnam’s economic growth in 2019. Vietnam’s startup ecosystem attracted a total investment of US$889 million in 2018, triple that in the same period of 2017. “As the US-China Trade War threatens to shake up the established global value chain, private equity investors … [Read more...] about Foreign businesses seek investment opportunities in Vietnam
New investment opportunity
Vietnam-India Business Forum opens up new cooperation opportunities
Deputy Prime Minister Trinh Dinh Dung addresses the forum (Photo: VNA) Hanoi (VNA) – A Vietnam-India Business Forum took place in Hanoi on November 19, as part of Indian President Ram Nath Kovind’s State visit to Vietnam. The event was jointly held by the Vietnam Chamber of Commerce and Industry (VCCI), the Indian Embassy in Vietnam, and the Indian Industries Association. Addressing the forum, Vietnam’s Deputy Prime Minister Trinh Dinh Dung stressed that this important forum offers a precious chance for the two business communities to review their cooperation results over the past 46 years, and seek new cooperation opportunities, thus helping boost and deepen the Vietnam-India comprehensive strategic partnership. Dung said the bilateral relations, founded by late President Ho Chi Minh and Prime Minister Jawaharlal Nehru and nurtured by generations of leaders and peoples, have developed sustainably. Political trust has been consolidated constantly through … [Read more...] about Vietnam-India Business Forum opens up new cooperation opportunities
Silicon Valley billionaires seek investment opportunities in Vietnam
The Hanoitimes - The US investors want to know more about Vietnam’s policies and regulations with regard to new technologies and business models, especially the Cyber Security Law and investment procedures for digital currencies projects. A group of Silicon Valley billionaires, including founding partners at US$2.7-billion venture capital fund 8VC Joe Lonsdale and the Winklevoss twins, among others, is in Vietnam to seek investment opportunities, Tuoi Tre online newspaper reported. Silicon Valley billionaires including Cameron Winklevoss and Tyler Winklevoss are in Vietnam to seek investment opportunities. Source: Internet. The trip is part of the group’s plan to look at Vietnam’s policies and regulations with regard to new technologies and business models, especially the Cyber Security Law and investment procedures for digital currencies projects. Other high profile investors of the group include Jack Abraham, founder and managing partner … [Read more...] about Silicon Valley billionaires seek investment opportunities in Vietnam
WEF ASEAN 2018 to present new business opportunities in Vietnam
At the press conference on the forum (Source: baomoi.com) Hanoi (VNA) – The World Economic Forum on ASEAN (WEF ASEAN) 2018, which is scheduled to take place in Hanoi from September 11 to 13, will present attendees with new business opportunities in Vietnam. The Vietnam Chamber of Commerce and Industry (VCCI) held a press conference on the event in the capital on August 30. Prime Minister Nguyen Xuan Phuc and President of the WEF Borge Brende will officially open the event and run a dialogue with the business community, said VCCI Chairman Vu Tien Loc. The forum will focus discussion on the role of Vietnam in regional and global value chains, as well as introduce policies and business and investment opportunities in the Southeast Asian country, particularly in the fields of finance and infrastructure, he added. More than 1,200 business representatives from the US, Japan, the Republic of Korea, and the Association of Southeast Asian Nations (ASEAN), as well as delegates … [Read more...] about WEF ASEAN 2018 to present new business opportunities in Vietnam
WEF brings investment opportunities for Vietnam
Prime Minister Nguyen Xuan Phuc addressed the WEF on the Mekong region in Hanoi in 2016 (Photo: VNA) Hanoi, (VNA) – Nearly 30 years after Vietnam joined the World Economic Forum (WEF), the WEF has become an important venue for the Vietnamese Government to hold dialogues with world leading economic groups, thus bringing investment opportunities for the country. Bilateral meetings between Vietnamese leaders and foreign counterparts as well as with executives of world economic groups provide the chances for discussion on development directions for Vietnam’s economy, thus assisting with the country’s building of development guidelines and policies. WEF Managing Director Philipp Roesler visited Vietnam in three consecutive years of 2014, 2015 and 2016. Vietnam’s senior officials regularly attend the WEF’s annual meetings in Davos and East Asia. Prime Minister Nguyen Tan Dung’s participation at the WEF Davos Conference in 2007 and 2010 … [Read more...] about WEF brings investment opportunities for Vietnam